The global artificial intelligence market is expected to reach a value of USD 500 billion this year, said the Executive Director of Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR), Fariz Jafarov, at the "6th AI & Data Forum" dedicated to artificial intelligence, APA-Economics reports.
According to him, this figure is projected to rise to USD 1.8 trillion by 2030.
Fariz Jafarov noted that artificial intelligence technologies are expected to contribute more than USD 15.7 trillion in added value to the global GDP by 2030.
“61% of companies already use artificial intelligence technologies in their operations. AI models such as ChatGPT, Gemini, and Cloud are used daily by more than 100 million people,” Fariz Jafarov emphasized.
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