Consumer AI Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Consumer AI Market size is predicted to reach USD 140.67 billion with a CAGR of 35.2% till 2030.

Consumer Artificial Intelligence (AI) is a sub-category of artificial intelligence. AI is known as machine intelligence and it is an area of computer science that aims at developing and managing technology including natural language processing (NLP), speech recognition, and machine vision. It is a cognitive feature in assessment of natural intelligence shown by human beings. 

In addition, consumer AI gives the power to boost customer engagement, encourage brand loyalty, and improve retention. AI is further applicable in the sectors that include healthcare, manufacturing, automotive, security, human resource, marketing, and fintech.

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