Worldwide AI Life-Cycle Software Forecast, 2021-2025: Scalable MLOps and ModelOps to Drive Growth

Worldwide AI Life-Cycle Software Forecast, 2021-2025: Scalable MLOps and ModelOps to Drive Growth

  • July 2021 •
  • 12 pages •
  • Report ID: 6126541 •
  • Format: PDF
This IDC study presents a view of the worldwide AI life-cycle software revenue from the historical year 2020 to the forecast years (2021-2025). The expected slowdown of the AI life-cycle software market due to the impact of the COVID-19 pandemic did not materialize in 2020, and thus the forecast of this market has been revised to reflect increased growth in 2021 and beyond. "The AI life-cycle software market showed strong growth in 2020 despite the economic challenges due to the COVID-19 pandemic," said Sriram Subramanian, research director, AI and Automation Software research at IDC. "IDC expects this growth trend to continue through 2021 and beyond, driven by more enterprises pursuing AI-enabled digital transformations, an increased adoption of AI/ML platforms driven by democratization of AI capabilities, and ever-expanding innovative use cases across industries."