Software

Bitkom: German AI market grows by a third

November 29, 2023. The current boom in artificial intelligence is leading to a sharp rise in demand in the German market. Spending on AI software, services and corresponding hardware is expected to rise to 6.3 billion euros this year. This is an increase of 32% compared to 2022, when €4.8 billion was spent on artificial intelligence. This was announced by the digital association Bitkom on the basis of data from the market research company IDC.

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Symbolic image of artificial intelligence (AI) / pixabay geralt

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“The launch of ChatGPT a year ago was an initial spark for the use of AI. ChatGPT showed many people for the first time what AI can already do today,” says Bitkom President Dr. Ralf Wintergerst. “It has never been easier or more cost-effective for companies to use AI and gain initial experience. We need to seize this opportunity now.”

AI software accounts for the largest share of AI expenditure this year (4.1 billion euros), followed by AI-related services (1.3 billion euros) and hardware (0.9 billion euros). Similar strong growth is currently expected in the coming year. In 2024, expenditure is expected to increase by a further 30% to 8.2 billion euros, and could even exceed the 10 billion euro mark in 2025. According to Bitkom, market development depends very much on the regulatory framework. Wintergerst: “Providers and users of AI need a secure legal framework, which is why it is right that the EU is working on an AI Act. However, we must make sure that, unlike the General Data Protection Regulation, it does not backfire. The AI Act should focus on critical AI applications and not on foundation models as the underlying technology.”

Many people have had their first direct contact with artificial intelligence this year since ChatGPT became publicly accessible on November 30, 2022. According to a recent Bitkom survey of 1,004 people in Germany aged 16 and over, 34 percent  have already tried out the AI chatbot. Two thirds (66%) believe that ChatGPT and similar applications will fundamentally change our lives. All results of the survey on the occasion of “One year of ChatGPT”.

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Further links

👉 www.bitkom.org 

Photo: pixabay

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