Rasmus Leichter•Last updated: September 26, 2025•5 min read•
Fact-checked
Report Highlights
The global AI market reached $244 billion in 2025 and is projected to hit $827 billion by 2030
AI market growth rate stands at 27.7% annually between 2025-2030
Europe's AI market is valued at €42.6 billion in 2025, projected to reach €190+ billion by 2030
Generative AI reached $33.9 billion in 2024 and will account for 33% of AI software spending by 2027
32% of German businesses use AI tools, while 33% of UK marketers have integrated AI
How big is the AI market in 2025?
The global AI market is $244 billion in 2025.
This represents the total market size across all AI technologies, including software, hardware, and services worldwide.
How big is the AI market in 2026?
The AI market is projected to reach $312 billion in 2026.
Based on the 27.7% compound annual growth rate (CAGR) from 2025-2030, the market will grow from $244 billion in 2025 to approximately $312 billion in 2026.
How big will the AI market be in 2030?
The AI market will reach $827 billion by 2030.
The market is expected to more than triple between 2025 and 2030, growing from $244 billion to $827 billion. This projection is based on a sustained 27.7% annual growth rate.
Year
Market Size (billions $)
2025
244
2026
312
2027
398
2028
509
2029
650
2030
827
AI market size 2025-2030. Data source: Statista Global AI Market Size Forecast
How fast is the AI market growing?
The AI market is growing at 27.7% per year.
This growth rate (CAGR) applies to the period from 2025 to 2030.
AI Market Size by Region
How big is the AI market in the United States?
The United States AI market is $74 billion in 2025.
The U.S. represents the world's largest single-country AI market.
How big is the AI market in China?
The China AI market is $46.53 billion in 2025.
How big is the AI market in Canada?
The Canada AI market is $5.20 billion in 2025.
How big is the AI market in Europe?
Europe's AI market is €42.6 billion ($46.7 billion) in 2025.
By 2030, Europe's AI market will reach €190 billion ($209 billion).
How big is the AI market in Germany?
Germany's AI market size is €9.04 billion ($9.96 billion) in 2025.
Germany has 1,250 AI companies, and 32% of German businesses use AI-powered tools. Among large German enterprises with 250+ employees, AI adoption reaches 15.2%.
How big is the AI market in the UK?
The UK’s AI market size is £5.97 billion ($7.68 billion) in 2025.
One in three marketers in the UK (33%) has integrated AI into their workflows, indicating strong adoption in service sectors.
How big is the AI market in the France?
France’s AI market size is €6.05 billion in 2025.
How big is the AI market in the Spain?
Spain’s AI market size is €3.11 billion in 2025.
How big is the AI market in the Italy?
Italy’s AI market size is €4.37 billion in 2025.
How big is the AI market in the Netherlands?
The Netherlands’ AI market size is €2.17 billion in 2025.
How big is the AI market in Poland?
The Netherlands’ AI market size is €1.45 billion in 2025.
How big is the AI market in the Nordics?
The Nordics AI market size is €4.48 billion in 2025.
How big is the AI market in the Baltics?
The Baltics AI market size is €240 million in 2025.
What is AI adoption like across Europe?
AI adoption varies significantly across EU countries. [8]
Among large enterprises (250+ employees) in 2024:
Country
AI Adoption Rate
Denmark
27.6%
Sweden
25.1%
Belgium
24.7%
Netherlands
17.8%
Germany
15.2%
EU Average
13.5%
AI Market Size by Technology Type
How big is the generative AI market?
The generative AI market size is $66.89 billion in 2025.
Generative AI grew rapidly following the launch of ChatGPT in late 2022. The segment represented 8% of AI software spending in 2023, and by 2027, generative AI will account for 33% [5] of all AI software spending.
This represents more than a fourfold increase in market share over four years.
How big is the AI software market?
The global AI software market is expected to reach $126 billion by 2025.
This includes all software applications, platforms, and solutions that incorporate AI capabilities.
How many people use AI tools?
281.26 million people used AI tools in 2024. Over 1.1 billion people are expected to use AI by 2031.
The mainstream adoption of AI tools is expected to double by 2029, indicating rapid expansion from early adopters to general consumer use.
AI Market Growth Over Time
What was the AI market size in 2023?
The AI market size was approximately $50 billion in 2023.
This was before the generative AI boom significantly accelerated market growth.
What was the AI market size in 2024?
The AI market size was $184 billion in 2024.
The market nearly quadrupled from 2023 to 2024, driven primarily by the explosive adoption of generative AI tools following ChatGPT's release.
How much did the AI market grow from 2024 to 2025?
The AI market grew by $60 billion from 2024 to 2025.
This represents 32.6% year-over-year growth. The market expanded from $184 billion to $244 billion.
2023: $50 billion
2024: $184 billion
2025: $244 billion
How much will the AI market grow from 2025 to 2030?
The AI market will grow by $583 billion from 2025 to 2030.
Over five years, the market will expand from $244 billion to $827 billion - a 239% total increase at 27.7% annual growth.
Methodology note: All projections for 2026-2029 are calculated using the confirmed 27.67% CAGR from Statista's 2025-2030 forecast [2]. Currency conversions use 2025 average rates (€1 = $1.10). This report uses only verified sources with publicly accessible data: Statista (market research), Eurostat (official EU statistics), and Gartner (technology research).
LinkedIn
Website