Trillion-Dollar Blue Ocean Market: AI Emerges as a Golden Track
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According to the Artificial Intelligence Standardization White Paper released by the China Academy of Information and Communications Technology, artificial intelligence (AI) is a branch of computer science defined as a 'machine' capable of simulating cognitive behaviors associated with the human brain. It is a new technological science that studies and develops theories, methods, technologies, and application systems to simulate, extend, and expand human intelligence.
Today, the scope of AI has expanded significantly, becoming an interdisciplinary field and a key driver of the new wave of technological revolution. It is gradually integrating deeply with various industries, serving as a new pivot for economic restructuring and upgrading, with excellent future prospects!
Global AI market research reports indicate that the global AI software market reached $37 billion in 2021 and is expected to expand to $142.3 billion (approximately RMB 996 billion) by 2027, making it a trillion-dollar blue ocean market and a golden track!
When considering the industries AI can influence, its potential market size becomes even more 'astonishing.'
With the rapid development of AI technology in China, it will continue to take root in application fields such as gaming, media, film, and even education and training. AI will bring more value and investment opportunities to businesses and markets that embrace it!
This trend has already been reflected in the capital market!
Since 2023, stocks in the 'AI+' gaming and media sectors have seen significant gains. For example, as of May 19, Kunlun Tech (300418.SZ) rose 270% year-to-date, while Shanghai Film (601595.SH) surged 189%.
According to Guotai Junan Securities, gaming, as a comprehensive content platform, is expected to benefit greatly from the transformative power of AI. In 2022, China's gaming industry generated RMB 265.9 billion in revenue, with R&D costs accounting for 15%. Assuming 50% of this can be AI-driven, the potential market size for AI in gaming is estimated at RMB 20 billion.
Thus, 'AI + gaming' is not just market hype but has a solid foundation in revenue and profit growth to support stock price increases. With active investments from major tech companies, AI applications will drive qualitative changes in the gaming industry.