Causal AI Market expected to reach USD 301.37 Million by 2029 at a CAGR of 41 percent

(IT-NEWSWIRE.COM, November 10, 2023 ) As per Maximize Market research, the Causal AI Market was USD 27.2 Million in 2022 and is expected to grow at a CAGR of 41 percent over the forecast period to reach USD 301.37 Million by 2029.

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Causal AI Market Report Scope and Research Methodology

The Causal AI market report thoroughly examines the landscape of Causal Artificial Intelligence, providing insights into market scope, trends, and transformative factors. It explores diverse market segments, key players, and regional dynamics, offering stakeholders a nuanced understanding of the Causal AI market and its potential impacts on various industries. Using a research methodology that blends primary and secondary sources, the report ensures a comprehensive and accurate analysis.

Causal AI Market Dynamics

The domain of Artificial Intelligence is taking center stage in leading responsibility for innovation, especially in the fields of healthcare and finance sector. The transformation of this technology places a strong focus on ethical considerations as it delves into causality. Causal AI is driving a shift in medical practitioner's approach to patient care.

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Causal AI Market Regional Insights

North America has dominated the Causal AI Market in the year 2022 with the largest share and is expected to dominate the market during the forecast period. This region is home to some of the leading technology in the world and hubs such as Silicon Valley in California.

Causal AI Market Segmentation

By Deployment Model

On-Premises

Cloud-Based

By Vertical

Healthcare and Life Sciences

Finance and Banking

Marketing and Advertising

Supply Chain and Logistics

Energy and Utilities

Telecommunications

Others

Causal AI's Key Competitors include

IBM (US)

CausaLens (UK)

Microsoft (US)

Causaly(UK)

Google (US)

Geminos (US)

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Maximize Market Research is leading Information Technology and Telecommunication research firm, has also published the following reports:

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Causal AI Market expected to reach USD 301.37 Million by 2029 at a CAGR of 41 percent