By 2022, the global market for machine learning technologies and artificial intelligence (AI) systems based on neural networks will increase to $ 52.5 billion, which will correspond to a fourfold increase compared to 2017 ($ 13.4 billion). This forecast was made by experts of the international consulting company Frost & Sullivan, who analyzed the market of AI solutions.

A report published by Frost & Sullivan stresses that the widespread introduction of artificial intelligence technologies by 2030 will increase the volume of the global market for goods and services by $ 15.7 trillion. At the same time, the United States remains the leader in terms of investment in AI projects/startups and the number of transactions concluded, followed by China and the United Kingdom. However, if we take into account the average cost of the transaction, the undisputed leader is China, whose average transaction size in the past two years was more than $ 100 million, compared with $ 15 million and $ 5.4 million for the United States and the United Kingdom, respectively.

“If we analyze the data over the past few years, we can conclude that artificial intelligence will become an integral part of our personal and professional life in the near future,” said Denis Stepanov, director of business development at Frost & Sullivan. - Already, this technology has been adopted in all major industries. The average annual costs of large companies for applications based on artificial intelligence technologies are constantly growing, as organizations want to gain a competitive advantage by improving their business processes with the help of machines. ”

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