Posts

Showing posts with the label AI adoption by industry

AI Applications Market to Soar Past US$75 Billion by 2034, Driven by Agentic Apps and Enterprise AI Integration

Image
Industry Experts, Inc. today introduces " Global Artificial Intelligence (AI) Applications Market - Technologies and Industry Sectors ," forecasting the market to climb from US$3.3 billion in 2024 to US$75 billion by 2034 at a CAGR of 36.9%. As per this new global market research report, AI apps have transitioned from add-on features to core software components driving decision support, workflow automation and personalization across finance, HR, operations and customer experience, alongside the rise of agentic AI and composable architectures powered by large language models and cloud-native platforms. North America remains the largest regional market with US$1.1 billion in revenues in 2024, or 34% of the total, driven by advanced cloud infrastructure and enterprise readiness for LLM-based solutions. Europe follows on strong uptake of AI in finance and telecommunications. Asia-Pacific is the fastest-growing region at a 46.6% CAGR through 2034, thanks to digital ...