IDC: AI Software Market to Top $300B in 2027
The AI software business will grow from $64B in 2022 to $307B in 2027, a notably upward revision since its Oct. 2023 forecast
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The AI software business will grow from $64B in 2022 to $307B in 2027, a notably upward revision since its Oct. 2023 forecast
Generative AI-based applications that can automatically learn, discover, and make recommendations or predictions based on user requests are leading the way.
IDC is forecasting a 31.4% annual growth rate from the $64B spent in 2022
Generative AI-based applications that can automatically learn, discover, and make recommendations or predictions based on user requests are leading the way.
The artificial intelligence (AI) software market is set to skyrocket from $64 billion in 2022 to an astonishing $251 billion by 2027