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Annual Artificial Intelligence Report for Bulgaria | 2022 edition

The second edition of 2022 Annual Artificial Intelligence Report Bulgaria 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 2020.

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 and nearly 40% of those employed in the sector were engaged in research and development, up from 29% in 2020.

Capital Funding Company performance Corporate Strategy Government Policy/Regulation New Products/Services R&D Startups
AI Computer software Internet of Things IT/Online Services

This report is prepared in collaboration with AI Cluster Bulgaria

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.


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