The United Nations Conference on Trade and Development (UNCTAD) has projected that the global artificial intelligence (AI) market will reach a market capitalization of $4.8 trillion by 2033. This forecast, released on December 19, 2025, suggests that AI will surpass other frontier technologies in market performance. According to the report, AI is expected to outpace the Internet of Things (IoT), blockchain, electric vehicles (EVs), and solar photovoltaic (PV) technologies, which are anticipated to experience only modest changes in their market shares. This highlights AI's growing dominance in the tech sector over the next decade.