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The artificial intelligence (AI) market size is estimated to grow by USD 237.4 billion between 2023 and 2028 exhibiting a CAGR of 30.07%. The market growth hinges on various factors, such as mitigating fraud and malicious attacks, integrating chatbots into AI systems, and boosting employee productivity. However, the artificial intelligence (AI) market faces significant challenges, notably the scarcity of AI experts. Additionally, affordability constraints and regulatory obstacles impede the widespread adoption of AI solutions. Overcoming the shortage of AI professionals is crucial for unlocking the full potential of AI technologies and driving market expansion. Addressing affordability concerns and navigating regulatory complexities are essential for fostering accessibility and compliance in AI implementation. Despite these challenges, the market remains poised for growth, driven by the increasing recognition of AI's transformative capabilities in enhancing data security, automation, and operational efficiency across various industries.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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