
Petroc Taylor
Research expert covering global developments in the use of data
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In 2023, the size of the Chinese AI market amounted to over *** billion yuan. Since 2016, the market size has increased significantly. On the background of international competition, the Chinese government strived to make the country a leader in AI technology, designating the sector as a key industry of strategic importance.Â
To apply artificial intelligence in the real world, AI-sensors, AI-specific chipsets, and appropriate server infrastructure is required. Furthermore, software must be designed with algorithms that allow the AI to interact and perform tasks in the real world. Examples are natural language processing (NLP), computer vision, or robotics.
Artificial intelligence has seemingly unlimited application across all market segments. Currently, with around ** percent of the market share, official city governance and operations accounts for the largest segment of the AI economy. In approximately *** pilot cities, the Chinese government has been developing and testing smart city models.
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* For commercial use only
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The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.