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    ITNewspapersThe Telegraph

    AI global market may touch $990 billion by 2027 with 40-55% annual growth rate: Report

    Binu Mathew
    By Binu MathewSeptember 26, 2024

    The global market for artificial intelligence (AI)-related products and services is expected to grow at an annual rate of 40-55 per cent, and can reach up to USD 990 billion by 2027, a report has said.

    Bain & Company’s 5th annual Global Technology Report said AI workloads could grow about 25-35 per cent per year through 2027.

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