Posts tagged AI software
Forrester Forecasts AI Software Will Grow 50% Faster Than The Overall Software Market

Forrester forecasts that AI software will grow 50% faster than the overall software market over the next two years, with an annual growth rate of 18%. The spend on AI software will double from $33 billion in 2021 to $64 billion in 2025 due to an accelerated adoption of AI during the pandemic and an increase in the number of companies that offer AI software.

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Artificial Intelligence Software Growth Will Fall Below Current Investor Projections, Finds Forrester

The overall artificial intelligence software market will grow to $37 billion by 2025, but will fall below current investor projections of $150 to $200 billion for the same time period. Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products more frequently.

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