Big Data and Artificial Intelligence Market Report 2025

The big data and artificial intelligence market size has grown rapidly in recent years. It will grow from $385.89 billion in 2024 to $456.35 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. The growth observed during the historic period can be attributed to several factors, including an increasing focus on ethical artificial intelligence, rising demand for data-driven decision-making, greater adoption of artificial intelligence, heightened efforts by tech giants, and a growing demand for automation.

The big data and artificial intelligence market size is expected to see rapid growth in the next few years. It will grow to $884.42 billion in 2029 at a compound annual growth rate (CAGR) of 18%. The growth projected for the forecast period can be attributed to several factors, including the increasing generation of data across industries, greater adoption of cloud computing, rising investments in artificial intelligence, growing cybersecurity threats, and the escalating volume of data generated. Key trends during this period include the rise of edge computing, investments in advanced big data tools, technological advancements, strategic collaborations, and the expansion of artificial intelligence in cybersecurity.

The growth of the big data and artificial intelligence market is expected to be driven by the increasing volume of data generated. The amount of data is growing rapidly due to the rise of internet of things (IoT) devices, social media, digital transactions, high-resolution media, and real-time analytics. Big data and artificial intelligence play a crucial role in managing this data by automating data collection, improving real-time processing, and extracting insights from various digital sources. This integration allows businesses to optimize decision-making, enhance efficiency, and foster innovation across different industries. For example, in September 2023, the International Telecommunication Union reported that 67% of the global population, or 5.4 billion people, had internet access in 2022, marking a 4.7% increase from 2021. This growth in internet access is contributing to the rise in data generation, driving the expansion of the big data and artificial intelligence market.

Companies in the big data and artificial intelligence market are focusing on developing services such as AI-driven retrieval systems to maintain their competitive edge. These intelligent systems use artificial intelligence to extract, organize, and present relevant information from both structured and unstructured data sources. For instance, in February 2025, Snowflake Inc., a US-based cloud data storage company, introduced Cortex Agents, a retrieval service designed to enhance AI-driven data access and decision-making for businesses. The agents help retrieve structured data from Snowflake tables and unstructured data from object storage such as PDFs. Additionally, Cortex Search improves the retrieval of unstructured data and claims to outperform OpenAI's embedding models by at least 11% across various benchmarks. These innovations enable businesses to analyze large datasets more efficiently, improving AI-driven decision-making and governance.

In August 2024, Advanced Micro Devices Inc. (AMD), a US-based semiconductor company, acquired Silo AI for $665 million. This acquisition aims to accelerate the development and deployment of artificial intelligence (AI) models on AMD hardware, enhancing the company's AI capabilities and expanding its position in the AI-driven computing market. Silo AI, based in Finland, specializes in providing AI services and utilizes big data to create customized AI-driven solutions.

Major players in the big data and artificial intelligence market are Amazon Web Services Inc., Microsoft Corporation, Dell Technologies Inc., Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Google LLC., SAP SE, Hewlett Packard Enterprise Company, NVIDIA Corporation, Salesforce Inc., Adobe Inc., Infosys Limited, SAS Institute Inc., LTI Mindtree Ltd., Teradata Corporation, QlikTech International AB, ScienceSoft USA Corporation, Yalantis, Cyfuture India Pvt. Ltd., Feathersoft Info Solutions Pvt Ltd., and Addepto LLC.

North America was the largest region in the big data and artificial intelligence market in 2024. The regions covered in big data and artificial intelligence report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the big data and artificial intelligence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Big data and artificial intelligence (AI) are advanced technologies that process, analyze, and extract insights from large volumes of both structured and unstructured data. Big data facilitates the storage, management, and real-time analysis of vast datasets, while artificial intelligence leverages algorithms and machine learning to identify patterns, automate tasks, and make intelligent decisions.

The main types of big data and AI applications include predictive analytics, fraud detection, customer analytics, risk management, and supply chain management. Predictive analytics uses statistical models and machine learning algorithms to analyze past data and predict future outcomes, helping businesses make proactive decisions based on identified trends and patterns. Various deployment options, such as cloud, on-premises, and hybrid, support technologies such as machine learning, natural language processing, data mining, data visualization, and deep learning. These technologies are utilized across industries such as banking, financial services, insurance, healthcare, retail, manufacturing, and telecommunications.

The big data and artificial intelligence market research report is one of a series of new reports that provides big data and artificial intelligence market statistics, including big data and artificial intelligence industry global market size, regional shares, competitors with a big data and artificial intelligence market share, detailed big data and artificial intelligence market segments, market trends and opportunities, and any further data you may need to thrive in the big data and artificial intelligence industry. This big data and artificial intelligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The big data and artificial intelligence market consists of revenues earned by entities by providing services such as data analytics, automation solutions, data integration, predictive modeling, and real-time data processing. The market value includes the value of related goods sold by the service provider or included within the service offering. The big data and artificial intelligence market also includes sales of graphics processing units, tensor processing units, integrated circuits, and AI chips. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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