Market Research Report
Japan Artificial Intelligence Systems Forecast, 2020-2024
|Published by||IDC||Product code||960304|
|Published||Content info||18 Pages
Delivery time: 1-2 business days
|Japan Artificial Intelligence Systems Forecast, 2020-2024|
|Published: September 10, 2020||Content info: 18 Pages||
The market forecasts used in this study take into consideration the impact and outlook of the novel coronavirus (COVID-19) pandemic as of the end of March 2020. The AI systems market grew more than 50% YoY in 2019 because of active DX efforts in companies, implementation of proof of concept (POC) in multiple departments, and increase in AI deployments to actual systems. IDC predicts the market will continue to grow beyond 2020. In the said year, the market growth rate will temporarily slow down because of the impact of the COVID-19 pandemic, but it will expand during the forecast period from 2020 to 2024 as companies' initiatives toward DX remain unchanged. On the other hand, the limited introduction of AI in companies and the chronic shortage of AI personnel will inhibit market growth. "IT suppliers are required to provide hybrid solutions, combining the latest AI technologies and human resources to enable users to continuously deploy AI systems. They should also identify profitable use cases and swiftly launch products and services in the market," says Nobuko Iizaka, research manager, Software and Security, IDC Japan.