{"id":397517,"date":"2020-12-10T10:03:40","date_gmt":"2020-12-10T15:03:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397517"},"modified":"2020-12-10T10:03:40","modified_gmt":"2020-12-10T15:03:40","slug":"forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/","title":{"rendered":"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">With vendors infusing AI into existing software products, overall market size will grow to $37 billion by 2025<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CAMBRIDGE, Mass.<\/span>, <span class=\"xn-chron\">Dec. 10, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0According to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008267-1&amp;h=2724284955&amp;u=https%3A%2F%2Fgo.forrester.com%2F&amp;a=Forrester\" rel=\"nofollow noopener noreferrer\">Forrester<\/a>\u00a0(Nasdaq: FORR), the overall artificial intelligence software market \u2014 despite ballooning to <span class=\"xn-money\">$37 billion<\/span> by 2025 \u2014 will fall below current investor projections of <span class=\"xn-money\">$150<\/span> to <span class=\"xn-money\">$200 billion<\/span> for the same time period. Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products with greater frequency. <\/p>\n<p>A new Forrester report, &#8220;<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008267-1&amp;h=1556406296&amp;u=https%3A%2F%2Fwww.forrester.com%2Fgo%3Fobjectid%3DRES159524&amp;a=The+AI+Software+Market+Will+Grow+To+%2437+Billion+Globally+By+2025\" rel=\"nofollow noopener noreferrer\">The AI Software Market Will Grow To <span class=\"xn-money\">$37 Billion<\/span> Globally By 2025<\/a>,&#8221; outlines key reasons for this updated AI software market outlook \u2014 which leaves out hardware and consulting services \u2014 including:<\/p>\n<ul type=\"disc\">\n<li>\n          <b>Post-2023, AI software revenues will be less than 3% of the overall application market. <\/b>AI in business apps will be the norm, prompting AI-centric and AI-infused applications to dip further within the overall application market. <\/p>\n<\/li>\n<li>\n          <b>Sixty percent of software buyers will expect AI functionality from existing vendors. <\/b>Sixty percent of software buyers, and likely more over time, expect to receive AI functionality from existing vendors, rather than custom-creating their own applications. <\/p>\n<\/li>\n<li>\n          <b>AI-infused applications will be unable to sustain premium-product status. <\/b>Currently, 10% of vendors are offering AI-infused apps at differentiated prices. As vendors add more AI functions, the ability to charge a premium for AI will be lost in competition.<\/li>\n<\/ul>\n<p>The report further states that AI maker platforms used for creating highly customized solutions and AI facilitator platforms used for applications including computer vision and natural language virtual assistants have the strongest growth potential. Other AI market segments likely to grow include AI-centric applications for specialized medical tasks and AI-infused applications that create differentiated products through added AI functionality.<\/p>\n<p>&#8220;While we&#8217;re seeing high demand for AI technology, platforms, and applications, AI&#8217;s ubiquity will ultimately make the technology commonplace in software development,&#8221; said <span class=\"xn-person\">Andrew Bartels<\/span>, VP and principal analyst at Forrester. &#8220;We believe investors are defining the AI market too hyperbolically. They are mistakenly including categories that are loosely influenced by or distantly adjacent to AI software. As business leaders rely more and more on AI as a tenet of their digital transformation strategy, they will likely expect their vendors to add AI functionality at no additional cost to them.&#8221;<\/p>\n<p>\n        <b>Resources:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Access the Forrester report, &#8220;<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008267-1&amp;h=1556406296&amp;u=https%3A%2F%2Fwww.forrester.com%2Fgo%3Fobjectid%3DRES159524&amp;a=The+AI+Software+Market+Will+Grow+To+%2437+Billion+Globally+By+2025\" rel=\"nofollow noopener noreferrer\">The AI Software Market Will Grow To <span class=\"xn-money\">$37 Billion<\/span> Globally By 2025<\/a>&#8221; (client login required). <\/li>\n<li>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008267-1&amp;h=3371886191&amp;u=https%3A%2F%2Fgo.forrester.com%2Fblogs%2Fsizing-the-ai-software-market-not-as-big-as-investors-expect-but-still-37-billion-by-2025%3Futm_source%3Dprnewswire%26utm_medium%3Dpr%26utm_campaign%3Dcio20&amp;a=Read+more\" rel=\"nofollow noopener noreferrer\">Read more<\/a> about Forrester&#8217;s AI market outlook in this blog post. <\/li>\n<li>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008267-1&amp;h=1319780852&amp;u=https%3A%2F%2Fwww.forrester.com%2Fwebinar%2FAI%2BSoftware%2BMarket%2BSizing%2BUnderstand%2BForresters%2BFour%2BSegments%2BTo%2BInvest%2BWisely%2F-%2FE-WEB32605%3Futm_source%3Dprnewswire%26utm_medium%3Dpr%26utm_campaign%3Dcio20&amp;a=Register\" rel=\"nofollow noopener noreferrer\">Register<\/a> to attend Forrester&#8217;s upcoming webinar: &#8220;AI Software Market Sizing: Understand Forrester&#8217;s Four Segments To Invest Wisely.&#8221; <\/li>\n<li>Visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3008267-1&amp;h=613856260&amp;u=https%3A%2F%2Fgo.forrester.com%2Fpredictions%2F%3Futm_source%3Dprnewswire%26utm_medium%3Dpr%26utm_campaign%3Dpredictions_2021&amp;a=Forrester%27s+Predictions+2021+hub\" rel=\"nofollow noopener noreferrer\">Forrester&#8217;s Predictions 2021 hub<\/a> to learn more\u00a0about\u00a0AI trends critical to 2021.<\/li>\n<\/ul>\n<p>\n        <b>About Forrester<\/b>\n      <\/p>\n<p>Forrester (NASDAQ: FORR) is one of the most influential research and advisory firms in the world. We help organizations grow through customer obsession: putting their customers at the center of leadership, strategy, and operations. Through Forrester&#8217;s proprietary research, consulting, and events, business and technology leaders from around the globe are empowered to be bold at work \u2014 to navigate change and build customer-obsessed growth strategies. Our unique insights are grounded in annual surveys of more than 675,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective methodologies, including Forrester Wave\u2122 evaluations; and the shared wisdom of our most innovative clients. To learn more, visit Forrester.com.<\/p>\n<p>Media Contact: <br \/><span><span class=\"xn-person\">Ira Kantor<\/span><\/span><br \/>Public Relations <br \/>Forrester Research, Inc. <br \/><a target=\"_blank\" href=\"mailto:ikantor@forrester.com\" rel=\"nofollow noopener noreferrer\">ikantor@forrester.com<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE19183&amp;sd=2020-12-10\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections-301189876.html\">http:\/\/www.prnewswire.com\/news-releases\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections-301189876.html<\/a><\/p>\n<p>SOURCE  Forrester<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE19183&amp;Transmission_Id=202012101000PR_NEWS_USPR_____NE19183&amp;DateId=20201210\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With vendors infusing AI into existing software products, overall market size will grow to $37 billion by 2025 PR Newswire CAMBRIDGE, Mass., Dec. 10, 2020 \/PRNewswire\/ &#8212;\u00a0According to Forrester\u00a0(Nasdaq: FORR), the overall artificial intelligence software market \u2014 despite ballooning to $37 billion by 2025 \u2014 will fall below current investor projections of $150 to $200 billion for the same time period. Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products with greater frequency. A new Forrester report, &#8220;The AI Software Market Will Grow To $37 Billion Globally By 2025,&#8221; outlines key reasons for this updated AI software market outlook \u2014 which leaves out hardware and consulting services \u2014 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397517","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"With vendors infusing AI into existing software products, overall market size will grow to $37 billion by 2025 PR Newswire CAMBRIDGE, Mass., Dec. 10, 2020 \/PRNewswire\/ &#8212;\u00a0According to Forrester\u00a0(Nasdaq: FORR), the overall artificial intelligence software market \u2014 despite ballooning to $37 billion by 2025 \u2014 will fall below current investor projections of $150 to $200 billion for the same time period. Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products with greater frequency. A new Forrester report, &#8220;The AI Software Market Will Grow To $37 Billion Globally By 2025,&#8221; outlines key reasons for this updated AI software market outlook \u2014 which leaves out hardware and consulting services \u2014 &hellip; Continue reading &quot;Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T15:03:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE19183&amp;sd=2020-12-10\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections\",\"datePublished\":\"2020-12-10T15:03:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\\\/\"},\"wordCount\":566,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE19183&amp;sd=2020-12-10\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\\\/\",\"name\":\"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections - 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Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products with greater frequency. A new Forrester report, &#8220;The AI Software Market Will Grow To $37 Billion Globally By 2025,&#8221; outlines key reasons for this updated AI software market outlook \u2014 which leaves out hardware and consulting services \u2014 &hellip; Continue reading \"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-10T15:03:40+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE19183&amp;sd=2020-12-10","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections","datePublished":"2020-12-10T15:03:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/"},"wordCount":566,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE19183&amp;sd=2020-12-10","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/forrester-artificial-intelligence-software-growth-will-fall-below-current-investor-projections\/","name":"Forrester: Artificial Intelligence Software Growth Will Fall Below Current Investor Projections - 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