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Worldwide Generative AI Software Services Market Shares, 2023: Powering Diverse Applications with Foundation Models

Publisher IDC
Published Jul 23, 2024
Length 11 Pages
SKU # IDC19024013

Description

Worldwide Generative AI Software Services Market Shares, 2023: Powering Diverse Applications with Foundation Models


This IDC study provides a breakdown of global generative AI software services revenue by vendor for the historical year 2023."The growth of the generative AI software services market demonstrates the limitless potential of human creativity and technological prowess. Organizations are making extensive use of generative AI services but must strike a delicate balance between encouraging innovation and minimizing risk, IDC believes that generative AI services will continue to grow at a significant rate as more organizations adopt generative AI," says Raghunandhan Kuppuswamy, research manager, AI and Automations Software Research, IDC.

Please Note: Extended description available upon request.

Table of Contents

11 Pages

IDC Market Share Figure

Executive Summary

Advice for Technology Suppliers

Market Share

Who Shaped the Year

Market Context

Growth Accelerators

AI Everywhere — Generative AI Takes the Spotlight

The Drive to Automate — Maximizing Efficiency and New Opportunities

Growth Inhibitors

Geopolitical Turbulence — Sovereignty Under Emerging Fragmentation

Dynamic Work and Skills Requirements — New Work Mode Era

Significant Market Developments

Methodology

Market Definition

Generative AI Software Services

Related Research

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Pricing

Currency Rates
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