AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Global AI market to grow at an average annual rate of 19.1% over the next decade.
- Recovery of AI investment activities to 2022 levels by Q3 2024, signaling strong market confidence.
- Southeast Asia shows 80% consumer acceptance of AI applications, highlighting regional potential.
Aurora Mobile (NASDAQ:JG) has unveiled a comprehensive AI Industry Report through its data insights brand, MoonFox Data, in partnership with the CEIBS AIMI Research Center. The report provides an in-depth analysis of the global AI market, projecting an average annual growth rate of 19.1% over the next decade. This insight comes at a time when AI is revolutionizing industries and shaping the future of global economies.
A major highlight of the report is the recovery of AI investment activities, which are expected to return to early 2022 levels by Q3 2024. This rebound signals strong confidence in the AI sector after a period of market adjustment. The U.S. remains a leader in AI financing and applications, while China is making significant strides in large language model (LLM) development, indicating an intensifying global competition in AI innovation.
Consumer acceptance of AI is notably high in Southeast Asia, where usage rates of AI applications are approaching 80%. This high acceptance is expected to drive the expansion of AI adoption in the region, particularly as AI becomes increasingly integrated into consumer services. This is an exciting trend for businesses targeting Southeast Asian markets, as the demand for AI-powered solutions continues to rise.
The report delves into several key advancements in AI technology, particularly in the development of large language models (LLMs) and the emerging field of embodied intelligence, including humanoid robots. These developments have vast potential to transform sectors ranging from customer service to healthcare, education, and enterprise services. As LLMs continue to evolve, they are expected to play a crucial role in improving the efficiency and accuracy of AI applications across various industries.
Furthermore, the report provides strategic insights for Chinese AI companies looking to expand internationally. It highlights the need for Chinese AI firms to focus on understanding global market dynamics and aligning their products with international standards to succeed in the competitive global market. The ability to scale AI solutions across borders is becoming increasingly important as businesses worldwide look to harness the power of AI.
MoonFox Data, leveraging its expertise in mobile development and big data analytics, offers actionable insights that help businesses navigate the rapidly evolving AI landscape. This report is a valuable resource for companies looking to understand the global AI market, identify emerging trends, and capitalize on the growing demand for AI solutions.
