According to a new report, published by KBV research, The Global AI Apps Market size is expected to reach $43.85 billion by 2032, rising at a market growth of 39.1% CAGR during the forecast period.
AI apps are increasingly being deployed on edge devices—such as smartphones, drones, and IoT devices—reducing latency, improving data privacy, and enabling offline functionality. Edge AI is critical for applications in autonomous vehicles, smart cameras, and wearable technology. As AI decisions impact more critical sectors like finance and healthcare, there’s a growing emphasis on explainability.
The Natural Language Processing (NLPs) segment led the maximum revenue in the Global AI Apps Market by Functionality in 2024, thereby, achieving a market value of $12.50 billion by 2032. This is driven by the increasing adoption of AI-driven communication tools and virtual assistants across industries. NLP enables machines to understand, interpret, and generate human language, which enhances user interaction and improves operational efficiency.
The IT & Telecommunications segment is growing at a CAGR of 37.4 % during the forecast period. This is driven by the increasing demand for intelligent automation, predictive analytics, and enhanced customer service solutions. As enterprises in this sector rapidly adopt AI to optimize network operations, improve cybersecurity, and personalize user experiences, the integration of AI-powered tools such as chatbots, virtual assistants, and network management systems has become essential.
Full Report: https://www.kbvresearch.com/ai-apps-market/
The North America region dominated the Global AI Apps Market by Region in 2024, thereby, achieving a market value of $14.20 billion by 2032. The Europe region is expected to witness a CAGR of 38.6% during (2025 - 2032). Additionally, The Asia Pacific region is expected to witness a CAGR of 40.1% during (2025 - 2032).
By Functionality
By End-use
By Geography