AI and Deep Tech Market31 Jan 2025 09:48
Deep Tech Market is projected to grow from USD 150.14 Billion in 2025 to USD 424.53 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 12.24% during the forecast period (2025 - 2034). Additionally, the market size for Deep Tech Market was valued at USD 133.76 billion in 2024
According to market intelligence firm GlobalData, the total artificial intelligence (AI) market will be worth $1 trillion by 2030, up from $103 billion in 2023. This compound annual growth rate (CAGR) of 39% is driven by a wealth of AI applications, from customer service chatbots to intelligent computer vision-powered drones.