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European AI Life-Cycle Software Forecast, 2024–2028

Publisher IDC
Published Dec 16, 2024
Length 14 Pages
SKU # IDC19430444

Description

European AI Life-Cycle Software Forecast, 2024–2028


This IDC Market Forecast provides insights into the European AI life-cycle software market in 2023 and the expected revenue trends in this market through 2028. It also delves into the factors expected to shape demand during this period."The future of AI will see a powerful blend of generative AI and traditional AI being applied in many use cases, boosted with enhanced explainability," says Giovanni Cervellati, research manager at IDC. "A focus on AI and data governance — partly due to the upcoming EU AI Act — will be the ultimate requirement for success."

Table of Contents

14 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

European AI Life-Cycle Software Revenue by Subregion

Market Context

Drivers and Inhibitors

Drivers

Accessibility of Generative AI Capabilities in Europe

Machine Learning as an Answer to Market Innovation Pressure

Inhibitors

Data Privacy and Security Concerns

Data Readiness and Infrastructure Limitations

Significant Market Developments

Regulatory Landscape

Market Dynamics

Vendor Strategies

Changes from Prior Forecast

Market Definition

AI Life-Cycle Software

Data Labeling Software

AI Build Software

MLOps Software

Trustworthy AI Software

Methodology

Historical and Forecast Market Values and Exchange Rates

Related Research

Pricing

Currency Rates
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