Yesterday, Netflix (Nasdaq: NFLX) reported its first quarter results that surpassed market expectations. Over the last quarter, Netflix has also been attracted to the AI fever. It recently announced plans of leveraging AI search engine capabilities for its users.
>>>According to a recent report, OpenAI’s ChatGPT commands nearly 60% of the GenAI chatbots market in 2025. Microsoft’s Copilot comes a distant second with 14.4% market share, competing closely with Google’s Gemini’s 13.5% share. Perplexity AI is a rapidly growing GenAI engine that accounted for 6.2% of the market.
>>>The global workflow automation market surpassed $20.3 billion in 2023 and is projected to grow 10% CAGR from 2024-32. This growth is attributed to the rising need for businesses to streamline operations, reduce manual errors, and enhance overall efficiency through automation solutions.
>>>According to a recent report, the global home healthcare market is expected to grow 8% annually through 2030. The market was valued at $390.24 billion in 2023. Rising healthcare costs for in-facility care coupled with improved penetration of virtual and remote care industry are helping fuel the growth in the industry. Montreal-based AlayaCare is one such player that is leveraging technology to improve the effectiveness of home-based health care.
>>>The rapidly growing AI in healthcare market has created a trove of healthcare-focused start-ups working to address niche areas within the sector. One such area is the demand for simplifying healthcare administration workflows. Palo Alto-based Machinify is looking to address the complicated world of healthcare billing through its AI-services offering. Machinify was recently acquired by New Mountain Capital as part of its strategy to build a healthcare-focused conglomerate that already generates $500 million in ARR.
>>>The global AI healthcare market is projected to expand at 38.5% CAGR from $19.27 billion in 2023 to $187.7 billion by 2030 driven by the increasing demand for enhanced efficiency, accuracy, and improved patient outcomes. Palo Alto-based Hippocratic AI has emerged as a significant player in this evolving landscape.
>>>The high growth agentic AI market has attracted several players with startups gaining traction as enterprise interest shifts from passive co-pilots to more autonomous systems. Palo Alto-based Ninjatech AI is one such player in the market.
>>>The high growth AI code tools market is attracting a slew of smaller players that are offering a range of easy-to-use coding products that are significantly improving productivity and accessibility, enabling both technical and non-technical users to create full-stack applications. One such player is Lovable.
>>>According to a recent report, the AI code tools market is projected to grow 23.2% annually to $30.1 billion by 2032 from $4.8 billion in 2024. The growth in the industry is being driven by the increasing adoption of DevOps practices and the need for efficient software development solutions. AI-driven coding tools are enhancing developer productivity and streamlining workflows, leading to higher adoption.
>>>The high growth Agentic AI market has attracted several big and niche players in the market. The industry is bound to see some consolidation. One such player is Mountain View-based Moveworks, which was recently acquired by ServiceNow (NYSE: NOW) for an estimated $2.85 billion.
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