Banking, retail and information services driving European AI-spending
Europeans will spend $290 billion on artificial intelligence in 2029 which means a compound annual growth rate (CAGR) of 33.7%
Financial data shows trust in AI potential
More than 1 in 3 venture debt dollars is going to AI startups in the US and Europe, with AI
Booming growth forecasted for European AI platforms
European software market’s five-year compound annual growth rate (CAGR) for 2022–2027 is expected to be 12% but three main areas