AI to Generate Global Impact of $22.3 Trillion by 2030
According to IDC, investments in AI solutions and services are projected to yield a global cumulative impact of $22.3 trillion by 2030.
According to IDC, investments in AI solutions and services are projected to yield a global cumulative impact of $22.3 trillion by 2030. This would represent approximately 3.7% of the global Gross Domestic Product (GDP).
"Continuous business innovation through the use of AI, accelerated by growing use of AI Agents, is driving greater direct investments in infrastructure and software as well as generating substantial indirect spending across the technology delivery supply chain,” says Rick Villars, group vice president in Worldwide Research at IDC. “Large cloud service providers are investing heavily in infrastructure, reflecting the growing importance of complex AI ecosystems that support regional competitiveness and business expansion."
“Organizations around the world are signaling a growing commitment to AI investment — particularly in building structured, regional AI hubs and factories designed to boost competitiveness and accelerate technology adoption," added Carla La Croce, research manager in Data and Analytics at IDC.
The study shows that every new dollar spent on AI solutions and services by adopters is expected to generate an additional $4.9 in the global economy, underscoring the significant multiplier productivity and business acceleration effect of AI investments in the coming years. Large-scale investments in AI infrastructure are underway across the Globe. AI is enhancing operational efficiency, increasing productivity, and opening new revenue streams across various sectors. Its ability to automate routine tasks allows for the reallocation of resources to more strategic and creative endeavors.