Global AI Software Forecast, 2023 To 2030
Forecast Report

Global AI Software Forecast, 2023 To 2030

Generative AI Will Have A 36% CAGR To 2030 To Capture 55% Of The AI Software Market

 and  eight contributors
Sep 05, 2023

Summary

Generative AI (genAI) software’s wide applicability across industries and occupations will drive huge software sales growth. From 2023 to 2030, the off-the-shelf AI software market will have a 22% CAGR, reaching $227 billion. By 2030, genAI will gain a 55% market share and have a 36% CAGR, and 64% of genAI software spend will come from specialized applications like security, healthcare and healthcare tools, and content marketing. Non-specialized genAI software spending will reach $45 billion by 2030, driven by chatbots and communication platforms. This report defines the market size, growth drivers and inhibitors, and impact of the off-the-shelf AI software market and generative AI.

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