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TECH SUPPLIER Sep 2019 - Market Forecast - Doc # EUR145474119

Western Europe Artificial Intelligence Software Platforms Forecast, 2019–2023

By: Philip CarnelleyAVP, European Software Group, Jack VernonSenior Research Analyst, European AI Systems

Abstract

This IDC Market Forecast presents a view of AI software platforms revenue from historical year 2018 through 2019 to 2023.

"The AI software platforms market showed strong growth once again in 2018, and our research shows that it will continue in the coming years," said Jack Vernon, senior research analyst, European AI Systems. "IDC forecasts that the Western European market for AI software platforms will grow with a CAGR of 44.6% through 2023 to reach $1.9 billion. Many European organizations intend to leverage 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."


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