MarketsandMarkets forecasts the global AI market expanding from USD 371.7B to USD 2,407B by 2032, driven by AI-optimized chips, scalable foundation models, and AI-powered data services. It outlines how hyperscalers’ AI-as-a-service, generative AI adoption, and vertical-specific applications enable enterprises across healthcare, finance, and manufacturing to deploy high-ROI use cases and transform workflows.
Key points
- AI market to grow from USD 371.7B to USD 2,407.0B by 2032 at 30.6% CAGR
- GPU-driven compute leads with NVIDIA’s H100/A100 chips and CUDA ecosystem dominance
- Generative AI fastest-growing segment, enabled by foundation models and falling inference costs
Why it matters: This forecast underscores AI’s escalating economic impact and guides businesses toward strategic investments in chips, models, and data services.
Q&A
- What are foundation model platforms?
- How do AI-optimized chips differ from CPUs?
- Why is generative AI adoption accelerating in enterprises?
