ANALYSIS: Patents Forecast Widespread Reach of AI Tech in 2023

Nov. 14, 2022, 2:01 AM UTC

Artificial intelligence is driving important developments in technology, from controlling autonomous vehicles, to developing medical diagnoses, to combating climate change. The global AI market was valued at nearly $59.7 billion in 2021, and is estimated to reach $422.4 billion by 2028.

In conjunction with the global AI market growth, the number of patents for AI technology are on an upswing, and a general survey of patents for AI technologies shows just how innovative these industries are becoming.

The types and variety of patent filings for AI technologies in the fast-growing FinTech, biology and pharma, clean/green technology, and ...

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