IDC forecasts generative AI spending to hit $26 billion by 2027

The Asia/Pacific region is on the point of a transformative journey as the latest data from market intelligence firm International Data Corp. (IDC) unveils a surge in generative AI (GenAI) adoption.  IDC’s projections indicate that spending in this sector is set to soar to $26 billion by 2027, with a compound annual growth rate (CAGR) … Continue reading IDC forecasts generative AI spending to hit $26 billion by 2027