SINGAPORE, May 21st, 2019 – According to the latest Worldwide Semiannual Artificial Intelligence Systems Spending Guide , Asia/Pacific* spending on artificial intelligence (AI) systems is forecast to reach nearly USD 5.5 billion in 2019, an increase of almost 80% in spent versus 2018. As industries invest aggressively in projects that utilize AI software capabilities, IDC expects spending on AI systems will increase to USD 15.06 billion in 2022 with a compound annual growth rate (CAGR) of 50% over the 2018-2022 forecast period.
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