Citi: Global artificial intelligence industry revenue is expected to reach $975 billion by 2030
2025-11-03 15:11:45
On November 3rd, Citigroup predicted that by 2030, the global artificial intelligence industry revenue will reach 975 billion US dollars, compared with 43 billion US dollars in 2025, which means a compound annual growth rate of 86%. This growth reflects the accelerated adoption and commercialization of AI technology by enterprises, and the ultra-large Cloud as a Service providers are increasing their infrastructure investments to meet the surging market demand. Last week, four US tech giants, Google parent Alphabet, Facebook parent Meta, Microsoft and Amazon, announced plans to significantly increase their annual capital expenditures and increase their investment in semiconductor infrastructure and data center capacity to support the rapidly growing demand for artificial intelligence. Citi estimates that the total capital expenditure of major U.S. cloud vendors will reach $4.40 trillion between 2026 and 2030, while total investment globally (including sovereign funds and others) is expected to reach $7.75 trillion.
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