Bet Big on AI Software Stocks & ETFs for Long Term Opportunity
C3.ai(AI) ZACKS·2024-10-24 21:01
The growth potential of software companies is immense as it is the next big thing in the artificial intelligence (AI) opportunity. The AI software market is expected to grow significantly, with the International Data Corporation (IDC) forecasting a compound annual growth rate (CAGR) of 40.6% from 2023 to 2028. Here are some key reasons why AI software companies have a high growth potential:Increasing AI Adoption Across IndustriesAI is being adopted across various sectors such as healthcare, finance, retail, ...