target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Share - Doc Document number: # US51181823
Worldwide Artificial Intelligence Applications Market Shares, 2022: Embedded Artificial Intelligence Is Becoming Increasingly Important, Transforming Our Daily Life and Technology Usage
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Abstract
This IDC study presents a view of worldwide artificial intelligence (AI) platforms revenue broken down by vendor for the historical year 2022.
"Despite continuing financial challenges, the market for artificial intelligence applications software grew by 15.4% to $196.3 billion in 2022," says Raghunandhan Kuppuswamy, research manager, AI and Automations Software Research at IDC. "The AI applications market is anticipated to experience exponential growth, revolutionizing business operations by providing intelligence-driven tools that expedite processes and enhance decision-making abilities. Adopting this technology will continue to be essential for businesses seeking a competitive edge in today's fast-paced environment."