European AI spending will reach nearly $470 billion in 2030.
IDC
European spending on artificial intelligence will reach nearly $470 billion in 2030
- Who
- IDC
- Made
- Sep 17, 2026 7 weeks ago
- Target
- Dec 31, 2030 in 4 years (stated as "in 2030")
- Status
- Openin 4 years
- Source
- IDC press release: European AI Spending on Track for $470 Billion by 2030 Primary: their own words
- Topics
- Markets
More from IDC
By 2028, 42% of the world's largest companies will have rationalized their entire agent and app portfolio.Asia/Pacific AI and GenAI spending will grow from $121.5 billion in 2025 to $555.2 billion by 2030.There will be no meaningful relief in memory supply for enterprise storage before 2028.The global AI infrastructure market will pass $1 trillion by 2029.AI infrastructure spending will reach $487 billion in 2026, up about 53%.Agentic AI will exceed 26% of worldwide IT spending, about $1.3 trillion, in 2029.Agentic automation will enhance more than 40% of enterprise applications by 2027.Agent use at the world's 2,000 largest companies will rise tenfold by 2027, with token and API loads up a thousandfold.More than one billion AI agents will be actively deployed worldwide by 2029.Companies without AI-ready data will suffer a 15% productivity loss by 2027.
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