Turkey Artificial Intelligence Market Outlook (2018 to 2032)

Year Value
2018 938.9
2019 1065.45
2020 1343.48
2021 1761.58
2022 2463.41
2023 3637.99
2024 5461.61
2025 7947.92
2026 11853.71
2027 17063.11
2028 24170.84
2029 33623.78
2030 46258.93
2031 63185.43
2032 85976.33
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Turkey Artificial Intelligence Market Outlook (2018 to 2032)

Synopsis
The above chart is Turkey Artificial Intelligence Market Outlook (2018 to 2032)

Market Dynamics

turkey is one of the most potential countries in the middle east region for artificial intelligence (ai). with an increase in the number of tech startups, the market for ai in turkey is witnessing exponential growth. the turkish government is actively supporting the ai sector, through initiatives such as providing incentives and tax benefits to tech companies and supporting workforce reskilling. the rapid growth of online transactions in turkey, both in terms of volume and value, has pushed the demand for ai technologies such as chatbots, voice assistants, facial recognition and predictive analytics. ai solutions are deployed in a wide range of industries, ranging from retail, finance, health care, automotive, media and security. they have become integral in providing large and small companies with data-driven insights, resulting in improved efficiency and performance. ai technology is also being used extensively in the education sector. turkish universities are tightening their norms and procedures, by utilizing ai-based systems in order to assess students' academic progress. ai has enabled an automated grading system, thus providing easier and faster paperwork processing on part of educational institutions. in terms of talent, turkey is home to many experienced, knowledgeable and technically qualified engineers, who have the potential to thrive in the ai sector. several prominent tech companies have invested heavily in talent acquisition for ai in the country. therefore, the talent pool is becoming more qualified and industry ready with each passing day. in order to sustain its success in the ai domain, turkey is also focusing on strategic partnerships, collaborations, and various incubation programs, with key players such as ibm, microsoft, google and various foreign start-ups. to boost the local ai industry, a collaboration with china’s alibaba is also in the pipeline. the public sector of turkey is incorporating ai solutions in order to enhance its various service offerings; this includes ai-based military as well as disaster management systems. all of these initiatives indicate an optimistic outlook for the growth of ai in turkey in the upcoming years.

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