AI Engineers Demand Outlook

AI Engineers Demand Outlook

The AI engineers demand is expected to grow at a CAGR of 20.17%, reaching a market size of US$9.460 million in 2029 from US$3.775 million in 2024.

AI engineers are tasked with developing, programming, and training advanced algorithmic networks, which form the basis for Artificial Intelligence, allowing for such systems to emulate the functions of human brains. Based on their areas of specialization in AI, professionals can be divided into various categories, including Natural Language Processing (NLP), Computer Vision, Machine Learning applications, and Robotics. AI engineers have been given an extensive scope owing to the rapidly growing adoption of AI across several sectors, investments in research and development, and strong government policies on it.

AI Engineers Demand Outlook Drivers:

Increasing use of artificial intelligence is anticipated to increase the demand

The increasing usage of artificial intellect also widens its scope to meet the rising demand for skilled professionals who design, develop, and implement such systems in different fields. Moreover, corporations and organizations use artificial intelligence to boost efficiency, automate processes, or aid decision-making, leading to increased recruitment within this profession. Consequently, AI technicians are now taking a lead role in defining how technology will look in the future amidst multiple transformations across diverse industries today.

AI Engineers Demand Outlook Geographical Outlook
North America is witnessing exponential growth during the forecast period

Several factors account for the surge in AI engineers in America, such as government initiatives, financial support from the US government, and increasing employment opportunities in AI. For instance, it is projected that there will be about 40,500 openings for jobs requiring skills in data science between 2021 and 2031, according to the Bureau of Labour Statistics report. In collaboration with various federal bodies and colleges, the National Science Foundation of the USA announced their plan to establish seven artificial intelligence research institutes in America, with a budget of $140 million, by May 2023.

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Report Coverage:

Historical data & forecasts from 2022 to 2029
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
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The AI Engineers Demand Outlook is segmented and analyzed as follows:

By Age

25 – 40 Years
40 - 50 Years
50– 60 Years
>60 Years

By Gender

Male
Female

By Field

Natural Language Processing (NLP)
Computer Vision
Machine Learning Applications
Robotics
Others

By Geography

North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
Japan
China
India
South Korea
Indonesia
Thailand
Others