April 7, 2012 - International Data Corporation (IDC) today released the 2025 V1 edition of IDC Worldwide Spending Guide for Artificial Intelligence and Generative AI (IDC Worldwide AI and Generative AI Spending Guide).
Data shows thatGlobal Artificial Intelligence (AI) IT Total 2024investat $315.8 billion and is expected to grow to $815.9 billion by 2028, with a five-year compound growth rate (CAGR) of 32.9%.
Focusing on Generative AI, IDC predicts that the global generative AI market will grow at a five-year CAGR of 63.8%, and that the global generative AI market will reach $284.2 billion by 2028, accounting for 35% of the total AI market investment.
Focusing on China's AI spending, the data shows that China will continue to lead the AI market in the Asia-Pacific region, accounting for more than 50% of total AI spending in the region.China's total AI investment is expected to exceed $100 billion by 2028, with a five-year CAGR of 35.2%.
1AI learned from the guide thatGenerative AI in China accounts for 18.9% of total AI market investment by 2024. With the rapid development of generative AI technology, the share of generative AI investment will reach 30.6% in 2028, with an investment scale of over $30 billion and a five-year CAGR of 51.5%.
Data shows thatSoftware and information services, communications, and banking are the three sectors with the highest AI investments, accounting for 49.81 TP3T, 7.41 TP3T, and 5.81 TP3T, respectively, in 2028.Artificial intelligence helps the software and information services industry to optimize business processes. Artificial Intelligence helps the software and information service industry optimize business processes, enhance industry competitiveness through automated development, personalized services, etc., and train models with rich data to generate new products and services; in the telecom industry, generative AI can optimize network planning and management and improve customer service quality; financial institutions can use generative AI to conduct risk assessment and provide personalized wealth management advice to customers. Financial institutions can use generative AI to conduct risk assessment and provide personalized wealth management advice to customers.
