Artificial Intelligence (AI) in Marketing Market was valued at USD 4.20 Billion in 2017 and is likely to reach USD 35.10 Billion by 2026, at a CAGR of 26.61% .The base year considered for the study is 2017, and the forecast period is between 2018 and 2026.
The growth of the Artificial Intelligence (AI) in Marketing Market is driven by factors such as increasing demand of the digital computation power, data technology, digitization of the industry, cloud based services, and advanced algorithms.
Artificial Intelligence marketing techniques increase the efficiency of marketing budget and are more effective than traditional tactics. Early adopters like NVIDIA, Intel, Amazon, IBM, Microsoft, have shown how AI in marketing makes them more efficient, productive and effective by simplifying, accelerating and scaling marketing initiatives while removing many complexities inherent in marketing today.
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