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Industry Landscape
The AI for small business market is experiencing rapid growth, driven by increasing awareness of AI's benefits and the availability of user-friendly, affordable tools. Businesses are actively seeking AI solutions to enhance productivity, streamline operations, and gain a competitive edge. This sector is characterized by continuous innovation and a strong focus on practical applications that deliver measurable ROI for SMBs.
Total Assets Under Management (AUM)
Number of Small and Medium Businesses (SMBs) using AI in United States
~Approximately 4.5 million SMBs
(25-30% CAGR)
Growth is fueled by cloud-based AI solutions, increased digital transformation, and the need for operational efficiency. Key drivers include accessibility, cost-effectiveness, and ease of integration for SMBs.
Total Addressable Market
Approximately 150 billion