TECH SUPPLIER Aug 2020 - Market Share - Doc # US46753120

Worldwide Artificial Intelligence Applications Market Shares, 2019: Adoption Driven by Accelerated Innovation

By: Ritu JyotiProgram Vice President, Worldwide Artificial Intelligence and Automation Research Practice Global AI Research Lead

Abstract

This IDC study presents a view of worldwide artificial intelligence (AI) applications market revenue broken down by vendors, AI type (AI centric and AI noncentric), and technology group detail (AI customer relationship management [CRM] applications, AI enterprise resource management [ERM] applications, and rest of AI applications) for the historical year 2019.

"The artificial intelligence applications market experienced steady growth in 2019, with revenue of $107.4 billion and a growth rate of 17.2%," says Ritu Jyoti, program vice president, Artificial Intelligence Research at IDC. "In 2019, IDC saw that organizations' AI adoption is on the rise, and there is steady expansion in the use of AI applications within the spectrum of business processes across the enterprises. Advancements in machine learning, conversational AI, and computer vision AI are empowering AI-centric and AI noncentric applications that are architecting business transformation."


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