Dublin, April 16, 2024 (GLOBE NEWSWIRE) — The “Citizen Services AI – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Citizen Services AI Market to Reach $90.4 Billion by 2030
The global market for Citizen Services AI estimated at US$8.6 Billion in the year 2023, is projected to reach a revised size of US$90.4 Billion by 2030, growing at a CAGR of 34.2% over the analysis period 2023-2030.
Citizen Services AI Solutions, one of the segments analyzed in the report, is projected to record 32.8% CAGR and reach US$61.6 Billion by the end of the analysis period. Growth in the Services segment is estimated at 37.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 40% CAGR
The Citizen Services AI market in the U.S. is estimated at US$2.9 Billion in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of US$12.3 Billion by the year 2030 trailing a CAGR of 40% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.6% and 28.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 33.2% CAGR.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 403 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $8.6 Billion |
| Forecasted Market Value (USD) by 2030 | $90.4 Billion |
| Compound Annual Growth Rate | 34.2% |
| Regions Covered | Global |
MARKET OVERVIEW
- What is Artificial Intelligence and How Is It Transforming the Technology Landscape?
- AI-Enabling Technologies
- Prominent Factors with Implications for Evolution of AI
- Global Economic Update
- AI Gains Significant Interest as Industries Expedite Digital Transformation Strategies
- Global Market Outlook
- Segment Analysis
- Competition
- Citizen Services AI – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Accelerating Pace of Digital Transformation to Propel Demand for AI for Citizen Services
- Digital Transformation by Industry: 2022
- Vibrant Funding Landscape in the AI Technology Space: Potential for Growth
- Global AI Investment (in US$ Billion) for the Years 2015 through 2021
- AI Cumulative Funding (in US$ Billion) by Category (As of 2020)
- Digitalization and Automation in Government Sector Drives Usage of AI in Citizen Services
- How Public Sector is Transforming Citizen Services with AI
- Conversational AI Gains Prominence for Citizen Services
- Conversational AI Holds Potential to Transform Public Sector
- Increasing Use of AI in Government Contact Centers
- AI Helps Ease Traffic Congestion, Gaining Prominent Role in Urban Traffic Management
- Artificial Intelligence Set to Transform Delivery of Healthcare Services
- AI to Play a Significant Role in Automation and Improving Clinical Outcomes
- Global Healthcare AI Market: Percentage Breakdown by Application for 2022
- Energy & Utilities: AI Aids in Resource Monitoring and Management
- Public Security and Safety Emerges as a Key Application Area for AI
- AI in Agriculture Facilitates Smart Farming
- AI Technologies Used in Agricultural Activities – A Review
- Governments Focus on Regulations as Use of AI Continues to Grow
- Major Challenges Confronting Artificial Intelligence
FOCUS ON SELECT PLAYERS(Total 75 Featured)
- Accenture PLC
- Automation Anywhere Inc.
- Baidu, Inc.
- Cardinality.AI
- IBM Corporation
- Intel Corporation
- KareXpert Technologies Pvt. Ltd.
- Microsoft Corporation
- MindTitan
- NEC Laboratories Europe GmbH
- Nvidia Corporation
- Opentext Corporation
- Pegasystems Inc.
- ServiceNow Inc.
- Vebits AI
- Waymo LLC
For more information about this report visit https://www.researchandmarkets.com/r/hrse5k
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Citizen Services AI Market
