According to the IDC forecast, this year the cost of cognitive systems and artificial intelligence reach 12.5 billion dollars

Experts of the analytical company IDC has published the forecast concerning cognitive systems and artificial intelligence. According to them, this year the volume of that market in monetary terms will reach 12.5 billion dollars, an increase compared to last year at 59.3%.

According to experts IDC, the cost of cognitive systems and artificial intelligence in the next few years will grow rapidly. In the period up to 2020 is expected to average annual growth of 54.4%. If this forecast is correct, in 2020 the market will exceed $ 46 billion.

This year, the largest cost — almost 9.7 billion — will have on the United States. Second place is the region linking Europe, the middle East and Africa. A high rate of growth in the Asia-Pacific region, will lead to the fact that he will be on the second place.

Source: IDC

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