


IDC predicts: The global artificial intelligence market will reach a value of US$450 billion in 2022
According to the latest Global Artificial Intelligence Semi-annual Tracking Report from the International Data Corporation (IDC), global revenue from the artificial intelligence (AI) market in 2021, including for artificial intelligence centers and non- The software, hardware and services used by the center totaled US$383.3 billion, a year-on-year increase of 20.7%. IDC predicts that the artificial intelligence market will be worth nearly $450 billion by 2022, and will maintain an annual growth rate of around 10% over the next five years.
Rasmus Andsbjerg, vice president of data analytics at IDC, said: “Across all industries and functions, end-user organizations are discovering the benefits of AI technology as increasingly powerful AI solutions are enabling better decision-making and Higher productivity.” “The reality is that AI provides solutions to everything we are currently facing. AI can be a source of rapid digital transformation processes, saving costs at a time of staggering inflation and supporting times of labor shortages Automate work."
AI Software once again ranked first in AI market share in 2021. In 2021, four categories of artificial intelligence software - artificial intelligence application delivery and deployment, artificial intelligence applications, artificial intelligence system infrastructure software and artificial intelligence platforms - brought a market value of more than 340 billion US dollars, of which artificial intelligence applications accounted for the total market value Nearly half. Artificial intelligence platforms had the strongest year-over-year growth at 36.6%, albeit from a smaller base.
In the AI application category, AI customer relationship management (CRM) applications and AI enterprise resource management (ERM) applications each account for about 16% of the total number in this category. The rest is provided by the countless other AI applications available on the market. With nearly 300 companies competing for market share, competition in the AI application market remains fierce.
IDC’s AI Tracker also shows that AI-centric applications (where AI technology is core and critical to the application’s functionality) continue to slowly grow their share of the AI software market. In 2021, artificial intelligence-centered applications accounted for 12.9% of the market share, a year-on-year increase of 29.3%. The remainder of the market is occupied by non-AI-centric applications, where AI technologies are integral to certain workflows of the app, but the app is still able to function if these technologies are removed.
Similarly, the deployment of AI software on the cloud continues to grow steadily. In 2021, 47.3% of artificial intelligence software purchases were deployed on public clouds, an increase of 4 percentage points from 2020 and an increase of 8.4 percentage points from 2019. IDC predicts that cloud deployments of newly purchased AI software will exceed existing deployments in 2022.
The total value of the artificial intelligence service market will reach US$24 billion in 2021, a year-on-year increase of 22.4%. Customer demand for expertise in developing production-grade AI solutions helped the AI IT services category grow 21.9% year over year to $18.8 billion. The AI business services category grew 24.2% year over year as enterprises sought help with AI governance, business processes and talent strategies.
AI hardware is the smallest ($18.8 billion) and fastest growing (38.9% year-over-year growth) segment of the AI market. Hardware growth is driven by efforts to build specialized AI systems that can meet the growing computing and storage demands of AI models and data sets. While AI servers and AI storage both saw strong growth in 2021 - 39.1% and 32.9% respectively - server purchases were significantly larger, reaching $15.6 billion.
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