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Omdia: AI Software Revenue to Surpass $200 Billion in 2026 Amid Generative AI Surge

Summary by Business Wire
LONDON--(BUSINESS WIRE)-- #AI--Global AI software revenue will exceed $200 billion in 2026, double its 2024 levels, according to Omdia's latest Artificial Intelligence Software Market Forecasts. Omdia's new forecast identifies accelerating demand for both generative AI and agentic AI, prompting the largest upward revision to its semiannual market outlook since the COVID-19 pandemic. Generative AI revenue is now expected to grow by 139% in 2026, …
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The AI software market is expected to continue to grow strongly. Although market researcher Omdia expects growth rates to normalize in the coming years, the market currently exceeds previous forecasts.

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Business Wire broke the news in Crystal River, United States on Monday, November 9, 2026.
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