The International Data Corporation (IDC) forecasts a global surge in artificial intelligence (AI) investments, expecting a total of $423.6 billion by 2027, with a compound annual growth rate (CAGR) of 26.9% from 2022 to 2027.
China’s Data and Analytics Market Forecast 2024
IDC’s latest forecast reveals a significant upturn in the data and analytics software market, projecting a compound annual growth rate (CAGR) of 16% to reach $340 billion by 2027. This surge underscores the accelerating enterprise drive to harness analytical insights and operational efficiency from their data. The advent of Generative AI (Gen AI) alongside the […]