AI-Powered Materials Discovery Market Set to Grow by 2030
The global artificial intelligence-powered materials discovery market is expected to exceed 3 billion dollars by 2030, achieving a growth rate of 29 percent starting from 2025.
According to the published report, the artificial intelligence-powered materials discovery market is developing rapidly; the market is projected to exceed 3 billion dollars by 2030 and maintain a compound annual growth rate of around 29 percent starting from 2025.
The global artificial intelligence-powered materials discovery market is transforming the process of developing new materials and bringing them to market. According to the report results, the North America region is expected to take a leading position by reaching a market value of 0.9 billion dollars in 2030, while the United States is projected to hold the largest country share with 0.8 billion dollars.
The software segment is estimated to claim the largest share with 2 billion dollars by 2030, corresponding to 60 percent of the total market. The demand for accelerated material development, sustainable material research, and investments in the pharmaceutical and healthcare fields are among the growth drivers of the market. Key stakeholders standing out in the sector include Schrödinger Inc., Dassault Systèmes, Citrine Informatics Inc., CuspAI, and Hyundai Motor Group.