Worldwide Generative AI Software Services Market Shares, 2023: Powering Diverse Applications with Foundation Models
This IDC study provides a breakdown of global generative AI software services revenue by vendor for the historical year 2023."The growth of the generative AI software services market demonstrates the limitless potential of human creativity and technological prowess. Organizations are making extensive use of generative AI services but must strike a delicate balance between encouraging innovation and minimizing risk, IDC believes that generative AI services will continue to grow at a significant rate as more organizations adopt generative AI," says Raghunandhan Kuppuswamy, research manager, AI and Automations Software Research, IDC.
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IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Context
Growth Accelerators
AI Everywhere — Generative AI Takes the Spotlight
The Drive to Automate — Maximizing Efficiency and New Opportunities
Growth Inhibitors
Geopolitical Turbulence — Sovereignty Under Emerging Fragmentation
Dynamic Work and Skills Requirements — New Work Mode Era