BRICS Artificial Intelligence Market Size | 2019-2032

BRICS Artificial Intelligence Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

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BRICS Artificial Intelligence Market

The artificial intelligence market size in BRICS increased to US$ 45.78 Billion in 2023, with a year-on-year growth rate of 70.8%.
By the end of 2032, the BRICS artificial intelligence market is on track to achieve US$ 438.26 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 28.1% throughout the forecast period.
The generative ai segment is estimated to hold the largest market share of 29.4% and be valued at US$ 129.01 Billion in 2032.
In 2032, 51.2% of the total spending in the BRICS artificial intelligence market is forecasted to come from China.

Analysis Period	2019-2032
Actual Data	2019-2023
Base Year	2023
Estimated Year	2024
CAGR Period	2024-2032
	Research Scope
Type	AI Robotics
	Autonomous & Sensor Technology
	AI Computer Vision
	Generative AI
	Machine Learning
	Natural Language Processing
Deployment Model	On-premise
	Cloud-based
	Hybrid
Industry	IT and Telecom
	Media and Entertainment
	Energy and Power
	Transportation and Logistics
	Healthcare
	BFSI
	Retail
	Manufacturing
	Public Sector
	Other
Organization Size	Large Enterprises
	Mid Enterprises
	Small Enterprises