मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
AI-India on the rising: Journey to global leadership
PCQuest
|July 2024
India's AI prowess is surging with strategic investments, a robust talent pool, and supportive policies. Expected to reach $17 billion by 2027, India leads in enterprise tech spending, talent availability, and AI R&D investments. As global interest grows, partnerships and ethical practices are key to sustaining AI innovation and leadership
Artificial Intelligence (AI) is revolutionizing industries and economies worldwide, and India is emerging as a key player in this transformative journey. With strategic investments, a burgeoning talent pool, and supportive government policies, India is well on its way to becoming a global powerhouse in AI. Let’s delve into India’s AI landscape, highlighting its rapid progress, key drivers, and future prospects, as well as expert insights from industry leaders.
▾ India’s AI Market: A Growth Trajectory
India’s AI market is on a fast track to significant growth. According to a joint report by Nasscom and Boston Consulting Group, India’s AI market is expected to reach $17 billion by 2027, with an annualized growth rate of 25-35% between 2024 and 2027. This explosive growth is driven by several factors:
Surging Enterprise Tech Spending:Companies are increasingly investing in AIpowered solutions to optimize operations, enhance efficiency, and gain a competitive edge.
Thriving Talent Pool:With over 420,000 individuals holding AI-related positions, India is a global leader in AI skill penetration.
Rising Investments: Both private and public entities are pouring money into AI research and development, creating fertile ground for innovation and growth.
The AI Boom: Key Drivers
▾ Surging Enterprise Tech Spending
India’s enterprise sector is embracing AI at an unprecedented rate. Businesses across various industries are deploying AI solutions to streamline operations, improve decision-making, and offer personalized customer experiences. AI-powered tools are transforming sectors like finance, healthcare, agriculture, and retail, driving efficiency and innovation.
▾ Thriving Talent Pool
यह कहानी PCQuest के July 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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