Canadian Artificial Intelligence Software Forecast, 2021–2025

Canadian Artificial Intelligence Software Forecast, 2021–2025

This IDC study presents a view of Canadian AI software market revenue from the historical year 2020 through the 2021–2025 forecast period."The Canadian AI software market is forecast to reach C$15.3 billion by the end of the 2021–2025 forecast period at a CAGR of 12.7%. Market growth is being inhibited by the lagging data maturity of Canadian organizations, which will rapidly become a national economic competitiveness issue if not addressed," says Warren Shiau, research vice president, IDC Canada's AI and Analytics program.

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
AI Software Market Breakdown
AI AD&D Software
AI Applications
AI Platforms
AI Systems Infrastructure Software
Market Context
Drivers and Inhibitors
Drivers
Operational Efficiency Continue to Drive the Canadian AI Market
Inhibitors
Data Integration, Data Quality, and Quantity
Skills Constraints Holding Back Adoption and May Continue to Do So
Lack of a Cohesive Federal Government Strategy for AI Solution Commercialization Limits Adoption
Significant Market Developments
Worldwide Artificial Intelligence Software Forecast, 2021–2025
Changes from Prior Forecast
Market Definition
AI Software
AI Applications
AI Platforms
AI Systems Infrastructure Software
AI Application Development and Deployment Software
Methodology
Related Research

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