The estimates for artificial intelligence (AI) and augmented reality (AR) are HUGE — both are projected to grow by tens of billions of dollars in the coming decade.
One estimate ballparks that the AR market would be worth $70 billion by 2023. And AI could be even bigger, with experts saying the industry could soar from $21.5 billion in 2018 to $190 billion by 2025.
That’s an annual growth rate north of 30%! Both AI and AR are megatrends capable of touching any industry, from manufacturing to software, and everything in between. Our analysts Seth Jayson and Jason Moser have been studying these spaces and they have a short list of companies they think could win big.