Zenformation Advisory’s Post

NVIDIA's Jensen Huang summarised the potential in the company’s Q3 2024 earnings call: “Generative AI is the largest TAM [total addressable market] expansion of software and hardware that we’ve seen in several decades.” Bain & Company estimates that the total addressable market for AI-related hardware and software will grow between 40% and 55% annually for at least the next three years. AI’s disruptive growth will continue to reshape the industries, as innovation spreads beyond the hyperscalers.

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The pace of technological change is accelerating, with the AI market projected to grow to between $780 billion and $990 billion by 2027. Senior executives are seeking to understand how this disruptive growth will reshape their industries—and how they can seize their share of this trillion-dollar opportunity. Discover the key forces transforming the AI landscape. https://atbain.co/4eB2OOc

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