The projection made by IDC shows that the CAGR of the Chinese intelligence market will exceed 2021 percent in the 2026-20 period.
A new report by global market research firm International Data Corporation (IDC) reports that China's AI industry spending is estimated to reach $2023 billion in 14,75, or about 10 percent of the global total.
The projection made by IDC shows that the CAGR of the Chinese intelligence market will exceed 2021 percent in the 2026-20 period. In this way, China's artificial intelligence market value will reach 2026 billion dollars in 26,44.
Being optimistic about the long-term development trend of the Chinese artificial intelligence market, IDC emphasized the importance of innovation in this field and underlined the development of artificial intelligence technology within the framework of the promotion of application scenarios. The report suggested that companies' desire for digital transformation will further stimulate different demands for the Chinese market.