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PUBLISHER: IDC | PRODUCT CODE: 1618872
PUBLISHER: IDC | PRODUCT CODE: 1618872
European AI Life-Cycle Software Forecast, 2024-2028
PUBLISHED:
PAGES: 14 Pages
DELIVERY TIME: 1-2 business days
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This IDC Market Forecast provides insights into the European AI life-cycle software market in 2023 and the expected revenue trends in this market through 2028. It also delves into the factors expected to shape demand during this period."The future of AI will see a powerful blend of generative AI and traditional AI being applied in many use cases, boosted with enhanced explainability," says Giovanni Cervellati, research manager at IDC. "A focus on AI and data governance - partly due to the upcoming EU AI Act - will be the ultimate requirement for success."
Product Code: EUR151645124
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
- European AI Life-Cycle Software Revenue by Subregion
Market Context
- Drivers and Inhibitors
- Drivers
- Accessibility of Generative AI Capabilities in Europe
- Machine Learning as an Answer to Market Innovation Pressure
- Inhibitors
- Data Privacy and Security Concerns
- Data Readiness and Infrastructure Limitations
- Drivers
- Significant Market Developments
- Regulatory Landscape
- Market Dynamics
- Vendor Strategies
- Changes from Prior Forecast
Market Definition
- AI Life-Cycle Software
- Data Labeling Software
- AI Build Software
- MLOps Software
- Trustworthy AI Software
Methodology
- Historical and Forecast Market Values and Exchange Rates
Related Research
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