India's AI Market Poised For Explosive Growth, Reaching $17 Billion By 2027

Saturday, 24 February 2024Newsdesk

The report involved a survey of more than 65 respondents across larger-tech and mid-tech companies.

New Delhi 24 February 2024

As per news report of NDTV,India's artificial intelligence market is predicted to witness a meteoric rise, reaching a staggering $17 billion by 2027, according to a joint report by IT industry body the National Association of Software and Service Companies (Nasscom) and consulting firm Boston Consulting Group (BCG). This translates to an impressive annualised growth rate of 25-35% between 2024 and 2027.

Source - NDTV