Growth Opportunities in Test & Measurement for Artificial Intelligence, 2024–2028

Growth Opportunities in Test & Measurement for Artificial Intelligence, 2024–2028

Safety and Ethical Considerations Regarding the Increasing Use of AI Across Industries will Drive Growth

Artificial intelligence (AI) is a relatively new technology, and it is critical that AI solutions are thoroughly tested for varied situations, edge cases, and preferences. The primary aim of a test & measurement (T&M) approach for an AI-driven company is to verify that the AI model's functionality is in line with business requirements while ensuring high-quality performance metrics. Regulations stemming from growing concerns over the safety risks and ethical considerations presented by the increasing use of AI across industries also call for thorough testing and validation. AI models are thus consistently and repeatedly tested at several levels and stages during model development.

This Frost & Sullivan study analyzes the T&M for AI industry. It examines the factors driving and restraining its growth and identifies the opportunities emerging from the changes in this space for market players and stakeholders to leverage. It analyzes global industry trends and sheds light on the evolving landscape of AI regulation, gauging the impact of these developments on the industry. The base year is 2023, and the forecast period is from 2024 to 2028.