India’s AI market to grow at 20.2% CAGR to reach $7.8 bn by 2025

India’s AI market is expected to grow at a CAGR of 20.2% to touch $7.8 billion by 2025, research firm International Data Corporation said in a report.

AI software segment will dominate the market and would grow from $2.8 billion in 2020 at a CAGR of 18.1% by the end of 2025.

The India AI market report provides a glimpse of different data types that are being processed by the organisations for their AI-ML solutions.

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