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In 2023, the worldwide AI platforms market grew by 44.4% year-on-year in comparison with 2022. Microsoft led the market, rising by 77.9% final 12 months to seize 13.8% of the market. Palantir, a serious AI participant, had 7.5% of the market, representing an 18.2% year-over-year improve, in response to IDC.
“OpenAI’s meteoric rise in 2023 marked nothing wanting an unlimited transformation within the AI panorama,” IDC stated in its report: “Worldwide Synthetic Intelligence Platforms Software program Market Shares.” OpenAI had a staggering 690% year-over-year improve in income final 12 months; the corporate’s market share soared to five.8%, “a exceptional achievement for a relative newcomer on this extremely aggressive subject,” IDC stated.
Ritu Jyoti, IDC’s group vp of IDC’s AI, Automation and Analytics analysis, stated the present market exhibits “no indicators of slowing down. Fast improvements in generative AI is altering how firms take into consideration their merchandise, how they develop and deploy AI functions, and the way they leverage know-how themselves for reinventing their enterprise fashions and aggressive positioning.”
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