# Industry Verticals

By [Marl Accelerator](https://dylit.info/user/marlvc)

[Accelerating Future of DeepTech Innovation](https://dylit.info/presence/MARLVC--Accelerating-Future-of-DeepTech-Innovation/688b2ba300680b72518fb2e1) > [Industry Verticals](https://dylit.info/channel/Industry-Verticals/688b375900680b72518fb30f)

NEXT-GEN ARTIFICIAL INTELLIGENCE Artificial intelligence is revolutionizing the way businesses operate. Predictive maintenance uses AI to anticipate equipment failures, preventing costly downtime. Fraud detection AI examines patterns to enhance financial security. AI-powered chatbots are also being utilized to improve customer service. According to a report by MarketsandMarkets, the global AI in business market size was valued at $2.1 billion in 2018 and is projected to reach $9.5 billion by 2024, at a CAGR of 33.2% during the forecast period.