target audience: TECH SUPPLIER Publication date: Oct 2023 - Document type: Market Note - Doc Document number: # US51294223
GenAI Implementation Market Outlook: Worldwide Core IT Spending for GenAI Forecast, 2023–2027
This IDC Market Note examines worldwide GenAI implementation market outlook for 2023–2027. Technology providers of all types are asking IDC questions about GenAI's impact on their own businesses. This document provides IDC's initial consolidated worldwide GenAI implementation forecast, providing insights on how, where, and when organizations will allocate their spending on core IT technology products/services to implement GenAI capabilities within their businesses from 2023 to 2027. It also provides insights into the barriers and drivers of GenAI investments.