The global market for AI continues to experience rapid growth, growing from a projected $433BB (US) in 2022 to over half a trillion dollars in 20231. Although projections vary, the global AI market is expected to grow exponentially to nearly $1.6 trillion by the end of the decade.2
The market for AI technologies comprises three primary segments–software, hardware, and services. While the software segment is by far the largest, Vocodia’s placement in both the software and service segments highlights the unique breadth of the Company’s potential.
Having attained a remarkable degree of success since its initial product release, Vocodia is positioned to grow through continued platform innovation and expanded marketing efforts.
This year the Company is launching into the next phase by broadening its offerings to include professional services, DISA 2.0, and database integration, in order to expand its sales and service channels.