AI in Energy Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

AI in Energy Market is segmented By Technology (Machine Learning, Neural Networks, Natural Language Processing (NLP), Computer Vision), By Application....

AI in Energy Market Size

Market Size in USD

CAGR17.2%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR17.2%
Market ConcentrationHigh
Major PlayersIBM, Siemens AG, Schneider Electric, General Electric (GE), Microsoft Corporation
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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AI in Energy Market Analysis

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.