
India's AI market to reach $7.8 billion by 2025: International Data Corporation
The Hindu
India's Artificial Intelligence (AI) market is expected to reach $7.8 billion by 2025, growing at a CAGR of 20.2%, as per an International Data Corporation (IDC) report.AI software segment would d
India's Artificial Intelligence (AI) market is expected to reach $7.8 billion by 2025, growing at a CAGR of 20.2%, as per an International Data Corporation (IDC) report.
AI software segment would dominate the market and grow from $2.8 billion in 2020 at a CAGR of 18.1% by the end of 2025. Under the software (AI) category, applications brought in the largest share of revenue, a 52% growth over 2020.
Organisations were leveraging multiple AI applications such as CRM, ERM and others to manage operations, scale supply chains in response to real-time or predicted demands and also improve ROI and achieve cost savings, found the study.

Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.












