This IDC study presents a view of cognitive/AI software platforms revenue in Western Europe from the historical year 2016 through to the 2017–2021 forecast period.
"The cognitive/AI software platforms market grew strongly in 2016, and our research shows that it will continue in the coming years," said Philip Carnelley, research director, IDC European Software Group. "IDC forecasts that the Western European market for cognitive/AI software platforms will grow with a CAGR of 33.1% to 2021 to reach $625.5 million. Many European organizations wish to leverage the power of cognitive/AI technologies in their businesses in the coming years. To take full advantage of these technologies, many of them will deploy these platforms to create solutions that meet their exact needs."