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.