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AI software spend to hit $279bn by 2027

AI software spend to hit $279bn by 2027
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AI software market to quadruple to $251B by 2027

Generative AI-based applications that can automatically learn, discover, and make recommendations or predictions based on user requests are leading the way.

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IDC Forecasts Revenue for Artificial Intelligence Software Will Reach $279 Billion Worldwide in 2027

IDC Forecasts Revenue for Artificial Intelligence Software Will Reach $279 Billion Worldwide in 2027
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IDC: AI Software market to Hit $279 Billion Worldwide in 2027

IDC is forecasting a 31.4% annual growth rate from the $64B spent in 2022

Raghunandhan kuppuswamyAutomation researchAi systems infrastructure softwareInternational data corporationAi system infrastructure softwareAi application developmentArtificial intelligence platformsInfrastructure softwareArtificial intelligenceRitu jyotiWorldwide artificial intelligence

AI software market to quadruple to $251B by 2027

Generative AI-based applications that can automatically learn, discover, and make recommendations or predictions based on user requests are leading the way.

Raghunandhan kuppuswamyAi add softwareAi systems infrastructure softwareWorldwide artificial intelligence softwareAi application developmentAi system infrastructure softwareArtificial intelligence platformsInfrastructure softwareIntelligence platformsRitu jyoti