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Azerbaijan prognosticates global AI market volume by late 2025

Society Materials 11 April 2025 12:31 (UTC +04:00)
Azerbaijan prognosticates global AI market volume by late 2025
Basti Mammad
Basti Mammad
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BAKU, Azerbaijan, April 11. The global market of artificial intelligence (AI) will reach $500 billion by 2025, the Executive Director of the Analysis and Coordination Center for the 4th Industrial Revolution (C4IR), Fariz Jafarov, said at the 6th International Artificial Intelligence and Big Data Forum held at ADA University, Trend reports.

According to him, by 2030, this figure will grow to $1.8 trillion.

"Artificial intelligence will add $15.7 trillion to the world economy by 2030, which is 14 percent of the current global economy volume," he pointed out.

The executive director emphasized that the use of AI is impossible without supercomputers and the internet.

He also stressed the importance of improving the use of AI in various areas.

"We should turn the tools of artificial intelligence into inclusive tools," he added.

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