A report released jointly by Bain & Company and Amazon Web Services projects that by 2027, the combined market size of AI software and hardware will soar to between US$780 billion and US$990 billion, boasting an impressive average annual growth rate of 40% to 55%. Notably, applications and trading platforms are set to outpace this trend, with growth rates ranging from 60% to 85%. This surge presents Chinese enterprises with immense globalization prospects. Geographically, North America currently dominates the SaaS, e-commerce, and social media markets, whereas emerging regions like Southeast Asia, the Middle East, Africa, and Latin America are poised for robust expansion.
