AI & Robotics Market Growth Info

“ Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion
in 2018, an increase of 70 percent from 2017, according to Gartner, Inc. AI-derived business
value is forecast to reach $3.9 trillion in 2022” by Gartner Report
https://www.gartner.com/en/newsroom/press-releases/2018-04-25-gartner-says-global-artificial-intelligence-business-value-
to-reach-1-point-2-trillion-in-2018

“ Gartner predicts the business value created by AI will reach $3.9T in 2022.” By
Forbes Magazine Report
https://www.forbes.com/sites/louiscolumbus/2019/03/27/roundup-of-machine-learning-forecasts-and-market-estimates-
2019/#2b4c93057695

“ IFR estimates that the total market for industrial robotics systems was already USD 48 billions
in 2017 and expected to grow an average CAGR of 21%” by McKinsley Report
https://www.mckinsey.com/~/media/McKinsey/Industries/Advanced%20Electronics/Our%20Insights/Growth%20dynamics%20
in%20industrial%20robotics/Industrial-robotics-Insights-into-the-sectors-future-growth-dynamics.ashx

“ The Robotics Market was valued at USD 31.78 billion in 2018 and is expected to register a CAGR
of 25% over the forecast period of 2019-202 ” by Business Wire
https://www.businesswire.com/news/home/20190402005710/en/Robotics---Worldwide-Industry-Growth-Trends-Forecasts

“the market is expected to reach a value of $37 billion between 2019 and 2021,
according to the International Federation of Robotics (IFR). Between 2019 and 2021, it's
predicted that the market will grow an average of 21% each a year – a remarkable
number due to the wide-ranging forms and functions of robots considered 'professional
service robots.' “ by Robotics Org Report
https://www.robotics.org/service-robots/the-future-of-professional-service-robots