AI in Energy Market is segmented By Technology (Machine Learning, Neural Networks, Natural Language Processing (NLP), Computer Vision), By Application....
Market Size in USD
CAGR17.2%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 17.2% |
Market Concentration | High |
Major Players | IBM, Siemens AG, Schneider Electric, General Electric (GE), Microsoft Corporation |
The AI in energy market is estimated to be valued at USD 15.45 Bn in 2024 and is expected to reach USD 46.92 Bn by 2031, growing at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2031. The AI in Energy market is expected to witness strong growth over the forecast period owing to the increasing focus on digital transformation across the energy sector.