Artificial intelligence (AI) solutions and services are expected to contribute a total of $22.3 trillion to the global economy by 2030, according to a new forecast by market intelligence firm International Data Corp. (IDC). This figure represents about 3.7% of the world’s Gross Domestic Product (GDP).

“We’re seeing continuous business innovation through the use of AI,” said Rick Villars, group vice president, Worldwide Research, IDC. “The rise of AI agents is pushing companies to invest more in infrastructure and software. These investments are also causing a ripple effect throughout the broader tech supply chain.”

IDC’s research suggests that for every dollar spent on AI solutions and services, an additional $4.90 will be generated across the global economy. This shows how AI investments are not only helping businesses become more productive but are also contributing to wider economic growth.

Country initiatives to advance the use of AI

Several large-scale AI infrastructure projects are already in progress. These include the Stargate project in the United States, the European Union’s InvestAI initiative, and France’s AI compute programs. Such projects aim to build AI hubs and factories to support innovation and strengthen regional competitiveness.

AI is being used to improve operations, boost productivity, and create new ways to earn revenue in many industries. It is helping automate routine tasks, giving teams more time to focus on strategy and creative work.

The forecast is part of IDC’s Digital Economy Strategies research. It combines the firm’s industry data with economic models to understand how AI is shaping global economic trends. The model measures direct, indirect, and follow-on effects of AI to offer a full picture of how this technology is impacting business and innovation.

Thumbnail image from Unsplash.

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