European artificial Intelligence spending 2019-2023

Published by
Bergur Thormundsson,
Mar 3, 2023
European spending on artificial intelligence was over 7 billion U.S. dollars in 2019, and is forecast to almost triple in the next two years, increasing to over 21 billion in 2023.

Projected artificial intelligence spending in Europe in 2019, 2020, and 2023 (in billion U.S. dollars)

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Release date

March 2021

Region

Europe

Survey time period

2021

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