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IDC expects AI revenue to approach $450 billion in 2022

IDC expects AI revenue to approach $450 billion in 2022

Source:本站Time:2022-09-14Views:

IDCs AI Tracker forecasts that the global AI market will reach nearly $450 billion in revenue in 2022.

IDC's AI Tracker forecasts that the global AI market will reach nearly $450 billion in revenue in 2022.


Additionally, IDC expects revenue in this market to maintain a teen year-over-year growth rate over the next five years.


The AI market includes software, hardware, and services for AI-centric and non-AI-centric applications.


IDC states that AI-centric applications are applications or modules of AI technology that are critical to running them.


AI non-centric applications include applications where the AI component is not essential to make it work.


IDC notes that with this broad definition, its research can consider vendors that incorporate AI capabilities into their software, but those applications are not specifically designed for AI capabilities.


In contrast, the IDC Worldwide AI Spending Guide uses a very specific definition that an application uses AI as a key part of its functionality.


The AI Spending Guide currently indicates that global spending, including software, hardware and services for AI-centric systems, will exceed $300 billion by 2026, at a higher compound annual growth rate (CAGR) than forecast for 2022-2026 26.5%.

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