India's AI Mkt To Reach $17 Bn By 2027: Report
Hindustan Times|February 21, 2024
India's AI market is expected to grow at a compound annual growth rate (CAGR) of 25-35% to $17 billion by 2027, according to a report by Nasscom and the Boston Consulting Group.
Jas Bardia
India's AI Mkt To Reach $17 Bn By 2027: Report

This growth will be fuelled by multiple factors, including increasing enterprise tech spending, India's growing AI talent base and a significant increase in AI investments, according to the report titled AI-Powered Tech Services: A Roadmap for Future Ready Firms; AI & GenAI's Role in Turbocharging the Industry. "As the investments in AI continue to increase, the demand for AI talent in India is also expected to grow at 15% CAGR till 2027," the report said.

Several leading firms have invested heavily in upskilling and reskilling their workforce in AI and related technologies, allocating $1 billion over the next three years for the same. This investment recognizes the importance of human capital in the AI journey.

هذه القصة مأخوذة من طبعة February 21, 2024 من Hindustan Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 21, 2024 من Hindustan Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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