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China's Artificial Intelligence Market Will Exceed US$26.7 Billion by 2026, according to IDC
IDC recently released the IDC Worldwide Artificial Intelligence Spending Guide. Data shows that total global IT investment in artificial intelligence (AI) in 2021 was US$92.95 billion, expected to increase to US$301.43 billion in 2026, and the compound annual growth rate (CAGR) was about 26.5%. As for the China market, IDC predicts that China's AI investment is expected to reach US$26.69 billion in 2026, accounting for about 8.9% of global investment, ranking second in the world among other countries. In recent years, more and more enterprises have become involved in the Digintelligence Era and started the deployment of digital transformation (DX) and intelligent upgrading, which has thus spawned more demand for AI. Driven by policies, technologies, and markets, AI empowering industries is becoming a mainstream development trend.
- Asia > China (0.87)
- North America > United States (0.05)
- Asia > Singapore (0.05)
How can India influence adoption of AI/Machine Globally - Agile Intelligence
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. It is bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast. It shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the northeast; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives. According to the International Monetary Fund (IMF), the Indian economy in 2017 was nominally worth US$2.611
- Indian Ocean > Bay of Bengal (0.25)
- Indian Ocean > Arabian Sea (0.25)
- Asia > Sri Lanka (0.25)
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- Banking & Finance > Economy (1.00)
- Government > Regional Government > Asia Government > India Government (0.50)