Global artificial intelligence software market to soar to $62bn in 2022 - Gartner

However, data found that organisations experiment with AI but struggle to make the technology a part of their standard operations

Kelsey Rees
clock • 2 min read
Artificial intelligence
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Artificial intelligence

Global artificial intelligence (AI) software revenue is forecast to total $62.5bn (€55.3bn) in 2022, up 21.3 per cent year on year owing to organisations accelerating their AI maturity. That's according to Gartner whose forecast is based on use cases measuring potential business value, timing of business value and risks to projects. "The AI software market is picking up speed, but its long-term trajectory will depend on enterprises advancing their AI maturity," said Gartner senior research...

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