IDC: Global AI market size is expected to reach US$88.57 billion in 2021

Industry Applications

IDC predicts that the spending scale of the three major industries of government, banking and communications will continue to lead during the five-year forecast period, and the three industries together account for about one-third of the total. Influenced by the Chinese government's attention to security and the 14th Five-Year Plan, the government industry continues to exert its strength in the field of AI . Especially under the demand for digital government construction, it is imperative to make government affairs online, digital and intelligent, and AI also has broad penetration space in the field of pan-government affairs. The financial industry represented by banks has benefited from a good data foundation and early adoption of AI , and the market size has continued to grow in recent years. AI technology is also widely used in the field of communications. Operators have strengthened their strategic planning and system layout for AI development, and the market size will grow rapidly at a five-year CAGR of more than 28.9% .

Application Scenario

Based on the industry dimension, IDC's "Global Artificial Intelligence Spending Guide" covers 30 representative application scenarios at present, and continues to update the scenarios according to market dynamics. Augmented Customer Service Agents , Public Safety and Emergency Response , and Sales Process Recommendation and Augmentation will continue to maintain their dominant position, with the combined share of the three being close to 30% during the five-year forecast period .

Cheng Yin, senior analyst of artificial intelligence at IDC China, said: " Artificial intelligence is one of the seven key areas of digital industrialization in the 14th Five-Year Plan . Intelligent transformation is also the focus of state-owned enterprises in the next three years. More and more traditional enterprises are starting to upgrade to intelligentization or increase investment in internal AI research and development. This will bring opportunities for the further development of the AI ​​market. China's AI spending will continue to grow in the next five years . "