As the world is taken over by the various applications of AI. The technology is not just limited to the science world or to the tech industries but has been incorporated in the world of business through various applications. The AI’s business application is widespread and need not be underestimated. In the field of AI, the forecasted revenue of business enterprise applications in 2025 is speculated to be around 31 million US dollar across the world.
The market for business applications from AI is a huge revenue generated market as every body would like to have the experience or the taste of this new technology. If we get into deeper, the Europe market value is 7 million US dollar, North America is 14 million US and Asia is around 7 million US dollar.
As the survey result shows, the rise of the market value for AI products in enterprise applications, North America is very much focus with AI’s business applications and appears to be a high value million-dollar market. The way markets are competing with each other from different continents so does the AI business application markets and can be seen that Asia has also emerged as a million dollar market for AI’s enterprise applications.
In my opinion, the scenario shows that North America will become a touch market to crack in the upcoming future, but however by the next five years, Asia is going to be the lucrative market for any new investment with less risk in the home market competition. The result also shows that all the three continents are moving in parallel in each year with rise and not any downfall, so the need will be available in all the three markets at an equal rate, a kind of demanding market, opportunity with cooperation or handshake from all the three marketplaces.