Al and big data
The global Al market was valued at nearly $59.7 billion in 2021, according to Zion Market Research, and is estimated to reach $422.4 billion by 2028. While North America leads in terms of overall revenue from Al, the market in Asia Pacific is expected to develop at the fastest CAGR, with the use of Al in prominent end-user categories like healthcare, manufacturing, and automotive in China, Japan, South Korea, and Australia leading to this expansion.
According to the Business Research Company, the value of the global big data and analytics services industry grew from $107.9 billion in 2021 to $121.7 billion in 2022. This is forecast to hit $196.95 billion by 2026.
Life sciences and healthcare
This story is from the December 2022 edition of Forbes Middle East - English.
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This story is from the December 2022 edition of Forbes Middle East - English.
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