Artificial intelligence ecosystem in Bulgaria

The comprehensive report, covering the growing AI sector in Bulgaria is here now!

About the report

The AI Report 2022 provides an in-depth overview of the state of AI in Bulgaria, including its transformations and trends. 

 

  • There is a clear increase in the number of companies interested in using AI to create innovative solutions that can positively impact Bulgarian society;
  • The combined total revenue of Bulgarian AI developers reached a record-high of 25.7 million in 2021, a jump of more than 35% from the amount in 2019;
  • Bulgarian entrepreneurs have a strong presence on the local AI scene – 70% of the companies in the area are solely owned by Bulgarian individuals or companies;
  • There is an upward trend in the number of employed specialists in the field, a record-high annual growth rate of 25% was reached in 2020;
  • In 2021, nearly 40% of those employed in the sector were engaged in research and development, up from 29% in 2020;

About SeeNews and AI Cluster

SeeNews is an independent provider of business news and market intelligence for Southeast Europe. As a one-stop-shop with over 15 years of expertise, SeeNews gives a 360-degree perspective on Southeast Europe, helping customers make informed business decisions. SeeNews provides market moving news and analyses for business, finance and industry professionals. The news stories keep customers ahead of the curve, while the market research and company intelligence give actionable insights, simplifying decision-making and boosting the region’s visibility as an investment destination.

The AI Cluster Bulgaria is a Non-Profit Organization that is bringing the knowledge for ML, NLP, IoT, AR, VR, Computer Vision & Pattern Recognition, Big Data & Analytic and Cloud Computing. We follow a Cross-Industry / Co-Innovation approach in order to show best practices, to connect stakeholders and experts from different industries, to open the doors for collaboration and open innovation.

Download the annual AI Report for Bulgaria

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