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PUBLISHER: IDC | PRODUCT CODE: 1521948
PUBLISHER: IDC | PRODUCT CODE: 1521948
Worldwide Generative AI Software Services Forecast, 2024-2028: Unlocking Exponential Growth Trajectories Through Transformative Innovations
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PAGES: 12 Pages
DELIVERY TIME: 1-2 business days
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This IDC study presents a forecast for the worldwide generative AI software services market for 2024-2028."Generative AI is not only evolving; it is transforming entire industries. With a projected increase from $2.8 billion in 2023 to $39.6 billion by 2028, this technology is transforming everything from customer engagement to product design. As organizations rush to acquire the necessary skills and address accuracy concerns, those who successfully navigate these challenges will unlock unprecedented growth and innovation," says Raghunandhan Kuppuswamy, research manager at IDC's AI and Automation research.
Product Code: US52408823
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
- Drivers and Inhibitors
- Drivers
- AI Everywhere - Generative AI Takes the Spotlight
- The Drive to Automate - Maximizing Efficiency and New Opportunities
- Inhibitors
- Geopolitical Turbulence - Sovereignty Under Emerging Fragmentation
- Dynamic Work and Skills Requirements - New Work Mode Era
- Drivers
- Significant Market Developments
- Changes from Prior Forecast
Market Definition
- Generative AI Software Services
Methodology
- Historical and Forecast Market Values and Exchange Rates
Related Research
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