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IDC: The Total Global Investment Scale in AI is Expected to Grow to US$1,261.9 Billion by 2029
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According to the "Global AI and Generative AI Spending Guide" released by the International Data Corporation (IDC), the total global investment in AI IT reached US$315.9 billion in 2024 and is projected to increase to US$1,261.9 billion by 2029, with a five-year compound annual growth rate (CAGR) of 31.9%. Among them, the generative AI market is expected to achieve a five-year CAGR of 56.3%, reaching a scale of US$607.1 billion by 2029, accounting for 48.1% of the total AI market investment.
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