According to the recent report by Gartner, the AI software industry is poised to reach $62.5 billion in 2022, an increase of 33% from 2021. The top 5 categories where AI-based software and machine learning tech will grow are

1. Knowledge management (KM)
   During the pandemic, the explosion of remote and hybrid work environments moved Knowledge Management from a good-to-be to a must-be enabler of virtual collaboration and access to information. As a result, the KM market is now poised to reach $58.81 billion by 2028 from $22.45 billion in 2020, growing at a CAGR of 12.67%.
   
2. Virtual Assistants
   Conversational AI has helped Virtual Assistants and Chatbots grow at unprecedented levels. It is estimated to reach $6.27 billion by 2026. It has increased because of deep neural networks, machine learning, and other advancements in AI technologies.
   
3. Autonomous vehicles
   AI is the brain that will guide driverless cars, aircraft and boats that will define travel in the years to come. Tesla has said that its vehicles will fully demonstrate self-driving capabilities by 2022. The first half of 2022 could also see the first autonomous boat called the Mayflower Autonomous Ship crossing the Atlantic ocean. The ship is powered by IBM and was designed in partnership with ProMare.
   
4. Digital workplaces
   With the growth of hybrid and remote work environments, organizations are using more and more AI tools to ensure employee satisfaction and organizational growth. From recruitment to employee feedback, employee retention to L&D, AI is growing at all levels.
   
5. Crowd-sourced Data
   According to a report by Research Nester, ‘The global crowd-sourced data collection market is expected to garner a considerable revenue by growing at a notable CAGR from 2022 - 2030, owing to the rising implementation of artificial intelligence into several crowd-sourcing platforms, and increasing advancements in crowd-sourced data collection techniques.

However, its implementation will totally depend on enterprises advancing their AI maturity, which looks approachable as more than 48% of CIO’s have either implemented AI and ML in their enterprises or are planning to do so in 2022. Gartner found that organizations commonly experiment with AI but struggle to make the technology a part of their standard operations.