The Artificial Intelligence (AI) Market Could Soar 820% by 2030: 2 AI Growth Stocks to Buy Now and Hold Long-Term

Artificial intelligence (AI) spending across hardware, software, and services totaled about $200 billion last year, according to Grand View Research. But that figure is expected to soar 820% to exceed $1.8 trillion by 2030. In other words, the AI market is forecast to compound at 37% annually through the end of the decade.Many companies will benefit from that rising tide, but Cloudflare (NET -2.74%) and ServiceNow (NOW -1.35%) stand out because they have strong footholds in relevant markets. Additionally, b ...