TECH SUPPLIER Dec 2020 - Market Forecast - Doc # CA45063020

Canadian Artificial Intelligence Software and Platforms Forecast, 2020–2024

By: Warren ShiauResearch Vice President, AI & Analytics, Vijay KumarResearch Manager, Market Insights & Analytics Team

Abstract

This IDC study presents a view of Canadian AI software and platforms market revenue from the historical year 2019 through the 2020–2024 forecast period.

"Strong growth of approximately 16% per year is forecast for the Canadian AI software market over the 2020–2024 period, with the total market size reaching C$8.2 billion in 2024 at a CAGR of 15.8%," says Warren Shiau, research vice president, AI and Analytics at IDC Canada. "From automating finding the best route through traffic to getting the closest free parking spot for consumers to hidden AI adoption for business like automated human resources capabilities within an organizationwide human capital management (HCM) system, AI-driven automation is increasingly anywhere you look deep enough."


Coverage

Subscriptions Covered

Canada: Future of Intelligence


Regions Covered

Canada


Topics Covered

Cognitive/artificial intelligence


Content


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