Tapping into China's US$ 9.6B GenAI Market
China paints a very different picture regarding its technology ecosystem - regulations, industry development, and even the way GenAI is called.
IDC sees GenAI becoming the main driving force for China's AI market's growth, with GenAI-related IT spending reaching $9.6 billion by 2027.
By 2026, the top 500 companies in China will allocate over 30% of their core IT spending to AI initiatives, leading to a double-digit increase in the rate of product and process innovation. It's the apt time to discover how China is different and why Chinese vendors are all developing their foundational model capabilities.
Dive into this eBook from the IDC FutureScape presentation by Zhenshan Zhong, IDC's China Research Lead, to learn:
You can also view the recording from the IDC FutureScape Asia/Pacific event for a full presentation by the analyst here (play from time code: 2:21:02).
For more resources, visit and bookmark IDC FutureScape Asia/Pacific.
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