Global AI software revenue is expected to surpass $200 billion in 2026, doubling from 2024, according to Omdia. Generative AI revenue is forecast to grow by 139%, driven by increasing enterprise adoption of AI assistants, coding tools and automated business solutions.
Agentic AI is also expanding rapidly and is projected to be the fastest-growing AI segment through 2031, with an annual growth rate of 104%. By 2028, generative AI is expected to overtake predictive AI as the largest AI software market segment.
Source: Omdia
