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Worldwide Artificial Intelligence Services Forecast, 2023–2027

Publisher IDC
Published Aug 23, 2023
Length 11 Pages
SKU # IDC18143188

Description

Worldwide Artificial Intelligence Services Forecast, 2023–2027


This IDC study presents spending forecast and historical sizing for the worldwide AI services market for historical year 2022 and forecast years 2023–2027. A range of forecast assumptions are factored in. This study does not contain vendor-specific revenue, market shares, or vendor profiles."Generative AI has become the dominant topic this year, but worldwide AI services growth in 2022 was primarily driven by the adoption of solutions from the broader AI technology market, which were already coming to the forefront of digital business strategies," said Jennifer Hamel, research director, Enterprise Intelligence Services at IDC. "Exploration of potential use cases for generative AI will increase interest in AI services, but the need for holistic approaches to address issues with data quality; governance and ethics; organization, talent, and cultural change; maintaining solutions at scale; and transitioning to new AI-enabled business models, all while keeping a steadfast eye on ROI and cost management concerns, will sustain 20%+ growth rates through the forecast period."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Artificial Intelligence
Cloud
Automation
Inhibitor
Business Confidence
Significant Market Developments
Generative AI
Data Ethics
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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