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Worldwide Artificial Intelligence Platforms Software Forecast, 2024–2028: AI Integration Accelerates, Fueling Technological Breakthroughs and Business Transformations

Publisher IDC
Published Jul 10, 2024
Length 14 Pages
SKU # IDC18983872

Description

Worldwide Artificial Intelligence Platforms Software Forecast, 2024–2028: AI Integration Accelerates, Fueling Technological Breakthroughs and Business Transformations


IDC also expects the revenue from cloud-based deployments of AI platforms software to grow at a CAGR of 50.9%, which is faster than on premises, ultimately surpassing the revenue from on-premises deployments by 2028.This IDC study presents a view of worldwide artificial intelligence (AI) platforms software revenue for the historical year 2023 and the five forecast years 2024–2028."The AI platforms software market shows no signs of slowing down. With a surge in adoption across various industries, the introduction of groundbreaking innovations, and the emergence of generative AI, the market has witnessed unprecedented growth," says Raghunandhan Kuppuswamy, research manager, Artificial Intelligence and Automation research, IDC. "I predict that this upward trajectory will continue to accelerate, unlocking a wealth of possibilities for companies and investors alike to capitalize on the transformative potential of AI platforms."

Please Note: Extended description available upon request.

Table of Contents

14 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
AI Everywhere — Generative AI Takes the Spotlight
The Drive to Automate — Maximizing Efficiency and New Opportunities
Inhibitors
Geopolitical Turbulence — Sovereignty Under Emerging Fragmentation
Dynamic Work and Skills Requirements — New Work Mode Era
Significant Market Developments
Changes from Prior Forecast
Market Definition
Artificial Intelligence Platforms
AI Life-Cycle Software
AI Software Services
Search and Knowledge Discovery Software
Methodology
Historical and Forecast Market Values and Exchange Rates
Related Research
How Do Licenses Work?
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