TECH SUPPLIER Jul 2021 - Market Share - Doc # US47391721

Worldwide AI Life-Cycle Software Market Shares, 2020: Focus Moves Up the ML Development Stack, Away from the Infrastructure

By: Sriram SubramanianResearch Director, AI/ ML Lifecycle Management Software

Abstract

This IDC study presents a view of worldwide artificial intelligence (AI) life-cycle software revenue broken down by vendor for the historical year 2020.

"The artificial intelligence life-cycle software market achieved significant growth in 2020, growing 29.5% to $2.6 billion," says Sriram Subramanian, research director, AI and Automations Software research at IDC. "The AI life-cycle software platforms market in 2020 saw accelerated growth, providing enterprises with capabilities for model building, training, and inferencing. The combination of new tools for ML operations, workflow collaboration, and a better understanding of deployment practices and available choices is enabling end users to move models from experimentation to production quicker and with lesser risk."


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