Causal AI Market Forecast to Reach $761.4 Million by 2031
MarketsandMarkets said in a press release that the global causal AI market could grow from $158.7 million in 2026 to $761.4 million by 2031. The forecast represents a compound annual growth rate of 36.8%.
Software is expected to account for 77.8% of the market in 2026. Uses covered by the report include causal discovery, counterfactual analysis, root cause diagnosis, experimentation and decision optimization.
Decision intelligence and scenario planning is forecast to be the fastest growing application segment, with annual growth of 42.4% from 2026 to 2031. Healthcare, pharmaceuticals and life sciences are expected to be the fastest growing industry segment, while North America is projected to hold the largest regional share at 37.1% in 2026.
MarketsandMarkets sells the full report, and the release promotes a downloadable brochure.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Daily AI Brief.
Also, consider following us on social media:
Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
MarketsandMarkets Forecasts Edge AI Software Market at $120.31 Billion by 2032
MarketsandMarkets Forecasts AI Cybersecurity Market at $95.25 Billion by 2031
Laboratory Software Market Forecast to Reach $10.62 Billion by 2031
Medical Image Analysis Software Market Forecast to Reach $6.3 Billion by 2031
MarketsandMarkets Forecasts Shadow AI Governance Market at $8.64 Billion by 2032
Daily AI Brief: the AI news that matters, in your inbox.