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Women Key For India's $320 Billion AI Market, But Gender Disparity Remains: NASSCOM-BCG

A new report by NASSCOM and Boston Consulting Group has highlighted the significant role women can play in India's booming artificial intelligence market, which is projected to reach $320-$380 billion by 2027. India Has 64% Gender Gap In AI Leadership Compared To Global Peers The report, titled "GenAI: The Diversity Game Changer We Can't Ignore", analysed the adoption of AI …

India's AI market to reach USD 17 billion by 2027: Nasscom

India’s artificial intelligence market is booming, and it is likely to grow at a 25 per cent compound annual growth rate to reach USD 17 billion by 2027, with similar growth in artificial intelligence investments. This growth has been fueled by multiple factors which include increasing enterprise tech spending, India’s growing AI talent base and a significant increase in AI …

Tech enterprises are looking at newer regions and geographies to scout for talent, to forge collaborations, expand their addressable markets and also to increase competitive advantage, as per a study released by industry apex body Nassom in association with Indeed on Monday. Industry is also looking at expanding across Tier 2/3 cities in India as service-based organisations and GCCs look …

Despite the market disruption caused by the covid-19 pandemic, software-as-a-service has emerged as a bright spot, seeing both growth and investment opportunities. The report “Riding the Storm: Towards the Giant India SaaS Opportunity,” claims that India can become a global hub for SaaS by 2025 by strengthening the ecosystem that includes a strong push from the government, access to a …

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