From CIOReview

Artificial Intelligence (AI) is rapidly evolving as the go-to technology for companies to personalize customer experiences. It serves as a wide-ranging tool enabling people to rethink how to integrate information, analyze data, and apply the gleaned insights to improve decision-making.

As per ReportLinker, the global market for AI, estimated at $46.9 billion in the year 2020, is projected to reach $341.4 billion by 2027, growing at a CAGR of 32.8 percent.

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