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TV Tech
George Winslow

IDC: AI Software market to Hit $279 Billion Worldwide in 2027

AI.

NEEDHAM, Mass.—All the hype around artificial intelligence should translate into massive growth over the next few years according to a new forecast from International Data Corporation (IDC) that is predicting the worldwide artificial intelligence (AI) software market will grow from $64 billion in 2022 to nearly $251 billion in 2027. 

That amounts to a compound annual growth rate (CAGR) of 31.4%. 

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