IDC: China's Industrial Enterprise IT Spending Exceeds 300 Billion Yuan by 2023

Publicado: May 6, 2023 15:50
Market research firm IDC predicts that IT spending by industrial enterprises in China will exceed 300 billion yuan in 2023.

Market research firm IDC predicts that IT spending by industrial enterprises in China will exceed 300 billion yuan in 2023. However, this includes a large number of stock segments such as IT infrastructure, general-purpose software as well as specialised software. In addition, IDC expects the market for industrial Internet platforms and application solutions in China to reach $5.61 billion by 2025, with a CAGR of 29.6% from 2021-2025. Meanwhile, IDC believes that China's industrial data intelligence market to reach a CAGR of 31.6% from 2021-2025, and the overall market for AI quality inspection of typical industrial AI vision scenarios is expected to reach $958 million by 2025, with a CAGR of 28.5% from 2021-2025.

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IDC: China's Industrial Enterprise IT Spending Exceeds 300 Billion Yuan by 2023 - Shanghai Metals Market (SMM)