Artificial intelligence (AI) revenue to touch $450 bn: IDC

Worldwide revenues for the artificial intelligence (AI) market increased 20.7 percent to $383.3 billion in 2021, according to IDC.
AI spending forecast for 2022 - IDC
IDC expects the AI market value will reach nearly $450 billion in 2022 and maintain a growth rate in the high teens throughout the five-year forecast.