Software Spend Could Grow at a 42% Compound Annual Rate, Research Shows
June 27, 2022 at 13:17 PM EDT
Research from ARK Invest estimates that as companies generate productivity gains from artificial intelligence, software spending per year could grow at a 42% compound annual rate from just under $1 trillion today to $14 trillion in 2030. According to the firm’s estimates for 2030, propelled by AI...
