Gradually enters the rhythms of artificial intelligence global economy – and society – with the penetration of promising artificial intelligence technology constantly accelerate. It is no coincidence that in 2022 the revenue of the global market artificial intelligence (artificial intelligence-AI) is expected to approach $450 billion, including spending on software, hardware, and AI services. A year earlier, the AI market value was $383.3 billion, up 20.7% from the previous year.
According to SEPE’s IDC estimates, the artificial intelligence market will continue to “work”, maintaining high annual growth rates over the next five years. “All sectors of the economy, as well as consumers themselves, are gradually discovering the benefits of artificial intelligence technology. And this is due to the fact that increasingly powerful AI solutions allow better decision making and increase productivity, ”says the IDC Worldwide Semiannual Artificial Intelligence Tracker report. As the company’s analysts add, “artificial intelligence now offers solutions to almost all existing problems, as well as new ones that appear.”
In 2021, AI software accounted for the largest share of AI spending. Collectively, the four categories of AI software — AI application delivery and development, AI applications, AI system infrastructure software, and AI platforms — generated more than $340 billion in total market value in 2021, with AI applications accounting for almost half of the total. . . AI platforms posted the strongest annual growth of “36.6%”, although they clearly have a smaller share of the total market value. Meanwhile, AI applications accounted for 12.9% of the market in 2021, up 29.3% from last year. At the same time, AI software development in the cloud continues to show strong growth. In 2021, 47.3% of AI software markets were deployed in the public cloud, up four percentage points from 2020 and 8.4 percentage points from 2019. Meanwhile, the AI services market grew in its total value by 22.4% year on year. in 2021, reaching $24 billion in 2021. For its part, the $18.8 billion AI hardware market was the fastest growing segment of the entire market, recording growth of 38.9%.
Source: Kathimerini
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.