Citizen service AI market
DUBLIN, April 16, 2024 (Globe Newswire) — 'Citizen Services AI – Global Strategic Business Report' report added ResearchAndMarkets.com Recruitment.
Global citizen services AI market to reach $90.4 billion by 2030
The global market for citizen service AI, estimated at USD 8.6 billion in 2023, is projected to reach a revised size of USD 90.4 billion by 2030, increasing by 34.2% over the analysis period 2023-2030. Grows at CAGR.
Citizen service AI solutions, one of the segments analyzed in the report, is expected to register a CAGR of 32.8% and reach USD 61.6 billion by the end of the analysis period. The growth rate of the services sector is estimated at a CAGR of 37.6% over the next eight years.
The US market is estimated at $2.9 billion, while China is expected to grow at a CAGR of 40%
The U.S. citizen services AI market is estimated at USD 2.9 billion in 2023. China, the world's second largest economy, is expected to reach a projected market size of USD 12.3 billion by 2030, with a CAGR of over 40%. The analysis period is from 2023 to 2030. Other notable geographic markets include Japan and Canada, which are expected to grow by 25.6% and 28.5%, respectively, between 2023 and 2030. Among Europe, Germany is projected to grow at a CAGR of approximately 33.2%.
Key attributes:
|
report attributes |
detail |
|
number of pages |
403 |
|
Forecast period |
2023-2030 |
|
Estimated market value in 2023 (USD) |
$8.6 billion |
|
Projected market value to 2030 (USD) |
$90.4 billion |
|
compound annual growth rate |
34.2% |
|
Target area |
global |
Market overview
-
What is artificial intelligence and how will it transform the technology landscape?
-
Technology that enables AI
-
Key factors influencing the evolution of AI
-
Latest information on the world economy
-
AI is gaining significant interest as industries accelerate digital transformation strategies
-
Global market outlook
-
segment analysis
-
competition
-
Citizen Services AI – Market Share Percentage of Global Major Competitors in 2024 (E)
-
Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2024
-
Recent market activity
Market trends and drivers
-
Accelerating the pace of digital transformation and driving demand for AI in citizen services
-
Digital transformation by industry: 2022
-
Vibrant funding landscape in AI technology: Potential for growth
-
Global AI investment from 2015 to 2021 (US$ billion)
-
Cumulative AI funding by category (USD billion) (as of 2020)
-
Digitization and automation of government sectors will drive the use of AI in citizen services
-
How the public sector is transforming citizen services with AI
-
Conversational AI gains traction in citizen services
-
Conversational AI has the potential to transform the public sector
-
Use of AI increases in government contact centers
-
AI will help alleviate traffic congestion and play an important role in urban traffic management
-
Artificial intelligence will transform healthcare delivery
-
AI plays a key role in automation and improving clinical outcomes
-
Global Healthcare AI Market: Percentage Breakdown by Application in 2022
-
Energy and Utilities: Monitor and manage resources with AI
-
Public safety and security emerges as a major application area for AI
-
AI in agriculture drives smart farming
-
AI technologies used in agricultural activities – Review
-
As the use of AI continues to expand, governments focus on regulation
-
Key challenges facing artificial intelligence
Focus on carefully selected players(Total of 75 items posted)
For more information on this report, please visit https://www.researchandmarkets.com/r/hrse5k.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
attachment
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
