Artificial Intelligence – The next disruptive revolution

AI is the biggest technological revolution since the digital age, driving massive productivity gains across all value chains.

Yifei Huang · Venture Insights1 June 2017Period: June 201712 min read

Last updated 10 June 2026

US$47b↑

Potential Global AI Market Size (2020)

62.9%↑

Projected Market CAGR (2017-2020)

Locked

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Companies covered:GoogleAppleCiscoIBMFacebookWoodside PetroleumNASAFaethmCatalia Health

Abstract

This report analyses the transformative impact of Artificial Intelligence (AI) on global industries, forecasting the market to reach up to US$47 billion by 2020. It details the building blocks of AI, including machine learning, computer vision, and natural language processing, while examining how these technologies overhaul traditional value chains and business models. The analysis highlights significant disruption in sectors like Fintech and Healthcare, where AI-driven automation is projected to boost labour productivity by 40% in developed countries by 2035.

Key Takeaways

The global AI market is forecast to reach up to US$47 billion by 2020, growing at a CAGR of 55.1% to 62.9%.
AI adoption is expected to boost labour productivity by 40% across twelve developed nations by 2035.
Venture funding for AI reached US$5 billion in 2016, representing a nearly ten-fold increase since 2012.

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Frequently Asked Questions

The global AI market is projected to reach US$47 billion by 2020, expanding at a compound annual growth rate of 62.9%. This growth is underpinned by significant capital investment, with disclosed funding for global AI ventures reaching US$5 billion in 2016.

AI-driven automation is forecast to boost labour productivity in developed countries by 40% by 2035. By integrating machine learning and natural language processing, enterprises can fundamentally restructure value chains to eliminate legacy inefficiencies.

Disruption is accelerating in high-value sectors including fintech and healthcare, placing white-collar and knowledge workers at direct risk. In the Australian market, 44% of all jobs are vulnerable to technological replacement over the next 20 years.

Artificial Intelligence – The next disruptive revolution

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