The application of artificial intelligence (AI) has been on the rise. AI is being used across many industries, as companies look to improve efficiency and automate processes. As AI continues to become more widely adopted, its capabilities will continue to expand and develop. With this in mind, it’s important to understand the future trends that are likely to affect AI in the coming years.
The AI market is estimated to reach $190 billion by 2024. This growth is due in part to increased deployments of AI technologies in various industries, including healthcare, manufacturing, and finance. As AI continues to become a more integral part of our lives, these top trends will shape the future of AI in the coming years.
One trend that’s likely to shape the AI market is the proliferation of edge computing. Edge computing is a distributed computing form that runs data processing at the source of the data. This is expected to significantly increase the adoption of AI, as it enables AI applications to run on devices that may not have access to an internet connection.
Another trend that’s likely to shape the AI market is the increasing availability of AI resources. Over the past few years, more companies have started to invest in artificial intelligence research and development. This has led to a wider availability of AI tools and resources, making it easier for businesses to incorporate AI into their operations.
AI platforms are also becoming increasingly popular. These platforms allow businesses to build and deploy their own AI applications. This reduces the amount of time and resources needed to develop an AI application, making it easier for businesses to take advantage of the benefits of AI.
Finally, the rise of autonomous vehicles is expected to have a significant impact on the AI market. Autonomous vehicles utilize AI technologies to make decisions and navigate around their environments. As public adoption of autonomous vehicles increases, the demand for AI technologies is expected to grow.
These trends are expected to continue to shape the AI market in the coming years. Companies need to be aware of these trends in order to ensure they’re prepared for the future of AI. Understanding these trends and leveraging them to their advantage can help businesses stay ahead of the competition and capitalize on the growing opportunities in the AI market.