India Artificial Intelligence Market Size | 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42719  | Publication: July 2024  |  US$545  |  

India Artificial Intelligence Market Growth and Performance

India Artificial Intelligence Market


  • 2023 saw the India artificial intelligence market size rose to US$ 2.93 Billion, marking a 55.5% YoY growth.
  • DataCube Research foresees, the artificial intelligence market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 76.24 Billion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 43.8% from 2024 to 2032.
  • Within the Indian artificial intelligence market, our research highlights the dominance of the ai robotics segment, which claimed the largest market share of 49.9% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 46.3% during the forecast period spanning 2024 to 2032.

India Artificial Intelligence Market Scope

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

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