Artificial Intelligence (AI) & Machine Learning (ML) - Industry 4.0 Market Statistics
The global artificial intelligence (ai) & machine learning (ml) industry 4.0 market size was valued at US$ 21,174.8 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 20.5% from 2023 to 2030.
Related Statistics
Artificial intelligence (ai) & machine learning (ml) - Industry 4.0 market highlights
- The global artificial intelligence (ai) & machine learning (ml) segment generated a revenue of USD 21,174.8 million in 2023 and is expected to reach USD 77,990.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.3% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 21,174.8 million |
| Market revenue in 2030 | USD 77,990.4 million |
| Growth rate | 20.3% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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