March 23, New Delhi: A report published by the Competition Commission of India (CCI) states that the global AI market size has grown from $103.6 billion in 2020 to $288.8 billion in 2024.
During the same period, the AI market in India has grown from $2.97 billion to $7.63 billion. The Indian AI market is projected to reach $131.31 billion by 2032, with a compound annual growth rate of 42.2 percent.