Data by AltIndex (based on Statista Market Insights and Fortune Business Insights) suggests that the AI market is going to grow up to 350% by 2030 which is about 2.5 times more than cloud computing and six times more than the robotics sector. Artificial intelligence has become a crucial part of many tech innovations in the past two years and it has been helping in the growth of many industries. Analysts are also expecting a lot of AI growth in 2025, followed by growth of cloud computing and robotics. These three markets are going to be crucial in shaping the market in the upcoming years, but AI is going to see far more growth than the other two sectors.
AI has grown a lot in the past five years, with its market value reaching $240 billion with 370 million users worldwide. Nvidia is the largest contributor for AI which has resulted in a growth in users, revenue and investments. IEEE’s survey called Impact of Technology in 2025 which was taken among 350 CIOs, IT Directors and CTOs of large companies and 58% of them said that AI is going to become the most important technology in 2025. 26% named cloud computing as the most important technology 24% named robotics the most important technology in 2025.
Statista Market Insights survey also says that AI is going to grow 350% by 2030 and will have a revenue of $826 billion by the end of this decade. On the other hand, there will be a 133% growth in cloud computing while 58% growth will be seen in the robotics sector by 2030. Semiconductors are set to grow 60%, IT devices will grow 14%, and IT devices and software will see 32% and 27% growth by 2030 respectively. All of the growth in all these tech sectors is going to be way slower than AI growth.
The only sector which is giving tough competition to AI is blockchain/Web 3, which is expected to grow 2870% by 2030 with revenue reaching $825 billion. AI is also going to have a major effect on GDP growth and global economy, with 9.5% growth expected in the next five years. In the best case scenario, AI can contribute to 11.41% global GDP while in the worst scenario, it can still boost 8.81% GDP growth.
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AI has grown a lot in the past five years, with its market value reaching $240 billion with 370 million users worldwide. Nvidia is the largest contributor for AI which has resulted in a growth in users, revenue and investments. IEEE’s survey called Impact of Technology in 2025 which was taken among 350 CIOs, IT Directors and CTOs of large companies and 58% of them said that AI is going to become the most important technology in 2025. 26% named cloud computing as the most important technology 24% named robotics the most important technology in 2025.
Statista Market Insights survey also says that AI is going to grow 350% by 2030 and will have a revenue of $826 billion by the end of this decade. On the other hand, there will be a 133% growth in cloud computing while 58% growth will be seen in the robotics sector by 2030. Semiconductors are set to grow 60%, IT devices will grow 14%, and IT devices and software will see 32% and 27% growth by 2030 respectively. All of the growth in all these tech sectors is going to be way slower than AI growth.
The only sector which is giving tough competition to AI is blockchain/Web 3, which is expected to grow 2870% by 2030 with revenue reaching $825 billion. AI is also going to have a major effect on GDP growth and global economy, with 9.5% growth expected in the next five years. In the best case scenario, AI can contribute to 11.41% global GDP while in the worst scenario, it can still boost 8.81% GDP growth.
Projected Growth Across Key Tech Sectors (2024–2030) | Percentage |
---|---|
Blockchain/Web 3 | 2870% |
AI | 350% |
Public cloud | 133% |
IoT | 64% |
Semiconductors | 61% |
Robotics | 58% |
Data centers | 50% |
Cybersecurity | 46% |
IT services | 32% |
Software | 27% |
IT Devices | 14% |
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