Artificial intelligence (AI) products encompass software and hardware that integrate AI technologies to perform tasks traditionally requiring human intelligence. These products have the capacity to automate routine tasks, enhancing efficiency and productivity across diverse industries. Leveraging extensive datasets, AI products offer valuable insights to support informed decision-making.
The primary types of AI products include computer and GPU chip hardware, cloud hardware, and others. Computer/GPU Chip Hardware refers to the physical components of a computer system, specifically the central processing unit (CPU) and the graphics processing unit (GPU). These hardware components play a critical role in the performance and efficiency of AI-related tasks. AI products are utilized by various enterprise sizes, including large enterprises and small to medium-sized enterprises (SMEs). Applications of AI products span across diverse industries such as media and advertising, healthcare, automotive and transportation, and others.
The artificial intelligence products market research report is one of a series of new reports from the business research company that provides artificial intelligence products market statistics, including artificial intelligence products industry global market size, regional shares, competitors with an artificial intelligence products market share, detailed artificial intelligence products market segments, market trends, and opportunities, and any further data you may need to thrive in the artificial intelligence products industry. This artificial intelligence products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The artificial intelligence products market size has grown strongly in recent years. It will grow from $2.53 billion in 2024 to $2.71 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased computing power, rise of big data, government investments in research and development, growing adoption of cloud computing.
The artificial intelligence products market size is expected to see strong growth in the next few years. It will grow to $3.59 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to exponential growth in data generation, AI integration in business processes, Focus on responsible AI, increasing AI in cybersecurity. Major trends in the forecast period include embrace of AI in predictive maintenance, AI in natural language processing (NLP), the emergence of AI-powered virtual assistants and chatbots, and initial integration of AI in predictive analytics platforms.
The burgeoning government initiatives are poised to ignite the growth of the artificial intelligence products market in the forthcoming years. Government initiatives encompass specific actions, programs, or policies undertaken by authorities to address societal issues, attain targeted objectives, or instigate positive transformations across various sectors. Governments serve as catalysts, fostering collaboration among researchers, industry stakeholders, and civil society organizations to cultivate AI products. For example, the Ministry of Innovation, Science, and Industry in Canada embarked on the second phase of the Pan-Canadian artificial intelligence program in June 2023, backed by a substantial investment exceeding US$ 443 million. This initiative underscores the government's commitment to augment the integration and commercialization of AI across diverse sectors of the country's economy. Consequently, the surge in government initiatives serves as a driving force behind the expansion of the artificial intelligence products market.
Leading companies in the artificial intelligence products market are developing innovative products with advanced technologies, such as application programming interfaces (APIs), to improve user experiences. An API is a set of rules and protocols that allows different software applications to communicate and function together. For example, in May 2024, OpenAI L.L.C., a US-based tech company, launched a new AI model called GPT-4o and a desktop version of ChatGPT. GPT-4o is an advanced AI model that enhances the capabilities of the ChatGPT chatbot. The "o" in GPT-4o stands for "omni," signifying its ability to support 50 different languages with improved speed and quality. Along with this model, OpenAI also introduced a desktop version of ChatGPT, providing users with a more efficient and user-friendly interface. This update includes advanced audio features, allowing the chatbot to recognize emotions and engage in more natural conversations. The launch aims to significantly improve user experience and expand the use of AI technology across various industries.
In December 2022, Tecnotree, a Finland-based software platform specializing in digital Business Support Systems (BSS), completed the acquisition of CognitiveScale Inc. for $0.6 million. Through this strategic move, Tecnotree endeavors to broaden its reach across diverse industries and global markets by leveraging its Cortex AI platform. CognitiveScale Inc., headquartered in the US, is recognized for its production of AI products and AI-driven personalization solutions.
Major companies operating in the artificial intelligence products market report are Apple Inc., Alphabet Inc., Microsoft Corporation, Tencent Holdings Ltd., Amazon Web Services Inc., Siemens AG, Intel Corporation, International Business Machines Corporation, NVIDIA Corporation, Salesforce Inc., Advanced Micro Devices Inc., Baidu Inc., Zebra Technologies Corp., Autodesk Inc., Arm Holdings plc, Palantir Technologies Inc., Databricks Inc., UiPath, Open AI, Ayasdi AI LLC, AiCure, Enlitic Inc., Clarifai Inc., Sensely Inc., Atomwise Inc.
North America was the largest region in the artificial intelligence products market in 2024. The regions covered in the artificial intelligence products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the artificial intelligence products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The artificial intelligence (AI) products market consists of sales of specialized hardware, storage systems, computer vision products, and speech recognition systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Artificial Intelligence Products Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on artificial intelligence products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for artificial intelligence products ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The artificial intelligence products market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Product Type: Computer And GPU Chip Hardware; Cloud Hardware; Other Products
2) By Enterprise Size: Large Enterprise; Small And Medium-Sized Enterprise
3) By Application: Media And Advertising; Healthcare; Automotive And Transportation; Other Applications
Subsegments:
1) By Computer and GPU Chip Hardware: Graphics Processing Units (GPUs); Tensor Processing Units (TPUs); Application-Specific Integrated Circuits (ASICs)
3. Artificial Intelligence Products Market Trends And Strategies
4. Artificial Intelligence Products Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Artificial Intelligence Products Growth Analysis And Strategic Analysis Framework
5.1. Global Artificial Intelligence Products PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Artificial Intelligence Products Market Growth Rate Analysis
5.4. Global Artificial Intelligence Products Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Artificial Intelligence Products Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Artificial Intelligence Products Total Addressable Market (TAM)
6.1. Global Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Computer And GPU Chip Hardware
Cloud Hardware
Other Products
6.2. Global Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Large Enterprise
Small And Medium-Sized Enterprise
6.3. Global Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Media And Advertising
Healthcare
Automotive And Transportation
Other Applications
6.4. Global Artificial Intelligence Products Market, Sub-Segmentation Of Computer and GPU Chip Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Graphics Processing Units (GPUs)
Tensor Processing Units (TPUs)
Application-Specific Integrated Circuits (ASICs)
6.5. Global Artificial Intelligence Products Market, Sub-Segmentation Of Cloud Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Cloud Servers
Cloud Storage Solutions
Cloud Networking Equipment
6.6. Global Artificial Intelligence Products Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
AI Development Kits
AI-optimized Servers
Edge Devices For AI Applications
7. Artificial Intelligence Products Market Regional And Country Analysis
7.1. Global Artificial Intelligence Products Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Artificial Intelligence Products Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Artificial Intelligence Products Market
9.1. China Artificial Intelligence Products Market Overview
9.2. China Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Artificial Intelligence Products Market
10.1. India Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Artificial Intelligence Products Market
11.1. Japan Artificial Intelligence Products Market Overview
11.2. Japan Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Artificial Intelligence Products Market
12.1. Australia Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Artificial Intelligence Products Market
13.1. Indonesia Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Artificial Intelligence Products Market
14.1. South Korea Artificial Intelligence Products Market Overview
14.2. South Korea Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Artificial Intelligence Products Market
15.1. Western Europe Artificial Intelligence Products Market Overview
15.2. Western Europe Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Artificial Intelligence Products Market
16.1. UK Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.1. Germany Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Artificial Intelligence Products Market
18.1. France Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Artificial Intelligence Products Market
19.1. Italy Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Artificial Intelligence Products Market
20.1. Spain Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Artificial Intelligence Products Market
21.1. Eastern Europe Artificial Intelligence Products Market Overview
21.2. Eastern Europe Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Artificial Intelligence Products Market
22.1. Russia Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Artificial Intelligence Products Market
23.1. North America Artificial Intelligence Products Market Overview
23.2. North America Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Artificial Intelligence Products Market
24.1. USA Artificial Intelligence Products Market Overview
24.2. USA Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.2. Canada Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Artificial Intelligence Products Market
26.1. South America Artificial Intelligence Products Market Overview
26.2. South America Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Artificial Intelligence Products Market
27.1. Brazil Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Artificial Intelligence Products Market
28.1. Middle East Artificial Intelligence Products Market Overview
28.2. Middle East Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Artificial Intelligence Products Market
29.1. Africa Artificial Intelligence Products Market Overview
29.2. Africa Artificial Intelligence Products Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Artificial Intelligence Products Market, Segmentation By Enterprise Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Artificial Intelligence Products Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Artificial Intelligence Products Market Competitive Landscape And Company Profiles