Abstract

This IDC study presents a view of worldwide artificial intelligence market revenue broken down by vendors for the historical year 2018.

"The artificial intelligence market experienced steady growth in 2018, with revenue of $28.1 billion and a growth rate of 35.6%," says Ritu Jyoti, program vice president, Artificial Intelligence, at IDC. "In 2018, IDC saw that organizations have been slowly moving from POC to full-blown production with the use of AI applications within the spectrum of business processes across the enterprise. The AI market is seeing significant growth in all the technology categories from software to hardware to services. IDC expects to see this trend continue, even though there are quite a few practical challenges for widescale adoption."


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