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 AI Solutions and Services to Generate Global Impact of $22.3 Trillion by 2030: IDC

AI Solutions and Services to Generate Global Impact of $22.3 Trillion by 2030: IDC

According to IDC, investments in artificial intelligence (AI) solutions and services are projected to yield a global cumulative impact of $22.3 trillion by 2030, representing around 3.7 percent of the global Gross Domestic Product (GDP).

"Continuous business innovation through the use of AI, accelerated by growing use of AI Agents, are driving greater direct investments in infrastructure and software as well as generating substantial indirect spending across the technology delivery supply chain," said Rick Villars, group vice president, Worldwide Research, IDC. "Large cloud service providers are investing heavily in infrastructure, reflecting the growing importance of complex AI ecosystems that support regional competitiveness and business expansion."

"Organizations around the world are signaling a growing commitment to AI investment - particularly in building structured, regional AI hubs and factories designed to boost competitiveness and accelerate technology adoption," said Carla La Croce, research manager, Data and Analytics, IDC.

Key Highlights:

Economic Impact: Every new dollar spent on AI solutions and services by adopters is expected to generate an additional $4.9 in the global economy, underscoring the significant multiplier productivity and business acceleration effect of AI investments in the coming years.

Global Initiatives: Large-scale investments in AI infrastructure are underway, including the Stargate project in the U.S., the EU InvestAI initiative and France's AI compute projects. These and other, similar initiatives to establish AI hubs and factories will foster innovation and competitiveness.

Industry Benefits: AI is enhancing operational efficiency, increasing productivity and opening new revenue streams across various sectors. Its ability to automate routine tasks allows for the reallocation of resources to more strategic and creative endeavors.

 

           

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