Nov 2018 - Market Analysis - Doc # US44430518
Worldwide Artificial Intelligence Systems Spending 2018–2022 Forecast: Market Opportunity by Industry and Use Case
This IDC study describes how IDC's Customer Insights and Analysis Group evaluates the worldwide artificial intelligence systems opportunity, identifying top-ranking use cases and providing market forecasts from IDC's Worldwide Semiannual Artificial Intelligence Systems Spending Guide. We provide worldwide use case figures for 2017–2022, analyzing the current size and future potential of implementing several key AI use cases and setting the forecast within the context of the broader ecosystem. This study may be used as a companion piece to IDC's Worldwide Semiannual Artificial Intelligence Systems Spending Guide and IDC's worldwide industry research. Technology suppliers may utilize this approach and structure to help them build an industry-focused organization.
"Worldwide artificial intelligence systems spend has moved beyond the early adopters to mainstream industrywide use case implementation," said Marianne Daquila, research manager, Customer Insights & Analysis at IDC. "Early adopters in banking, retail, and manufacturing have successfully leveraged AI systems as part of their digital transformation strategies. These strategies have helped companies personalize their relationship with customers, thwart fraudulent losses, and keep factories running. Increasingly, we are seeing more local governments keeping people safe with cognitive/AI systems. There is no doubt that the predicted double-digit year-over-year growth will be driven by even more decision makers, across all industries, who do not want to be left behind."