Summary
- Artificial Intelligence (AI) looks set to become one of the fastest-growing trends this decade.
- Statista: AI global software revenues are forecast to increase about 5x between end 2020 and end 2025. Others forecast AI to grow at a CAGR of 42% to 53%.
- A comparison of some popular AI ETFs. My top 3 AI ETFs and my No 1 pick AI ETF.
- I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
For a background on the AI trend you can read my previous articles that discussed AI:
- 2020's - Six Combined Disruptions And Some Possible Stock Winners
- 5 Mega Investment Trends To 2025 And The Main Players ("My top 5 AI stocks then were Apple (AAPL), Samsung Electronics [LN:SMSN] (OTC:SSNLF), Alphabet Google (GOOG) (GOOGL), Facebook (FB), and Nvidia (NVDA)). Others to consider would include International Business Machines Corporation (IBM), SoftBank (OTCPK:SFTBY), Amazon (AMZN), Microsoft (MSFT) and many others.
- A Look At Some Smaller Artificial Intelligence Stocks
- A Look At The Artificial Intelligence Trend
- A Look At The Artificial Intelligence Companies And My Top 5
AI is about computers that are trained to learn and think.
AI Forecasts
- Grand View Research - As of 2019, the artificial intelligence market size was valued at $39.9 billion and is expected to grow at a CAGR of 42% to $733.7 billion by 2027.
- Others - "GLOBAL REVENUES from AI for enterprise applications are projected to grow from $16.2B in 2018 to $31.2B in 2025, attaining a 53% CAGR."
- ARK Invest - Deep learning will create $30 trillion in stock market value over the next 15 years.
Looking at the chart below we can see AI global software revenues are forecast to increase about 5x between end 2020 and end 2025, from ~US$24b to ~US$120b. That is 5x growth in just 5 years, which would make it one of the fastest growing trends this decade.
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