Categories: Business

Global AI platforms and models market to grow 63 pc to USD 64 billion in 2026: Gartner

New Delhi [India], July 20 (ANI): Worldwide end-user spending on artificial intelligence (AI) platforms and models is projected to reach USD 64 billion in 2026, up 63.4 per…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Last updated: July 20, 2026 15:11:14 IST

New Delhi [India], July 20 (ANI): Worldwide end-user spending on artificial intelligence (AI) platforms and models is projected to reach USD 64 billion in 2026, up 63.4 per cent from USD 39 billion in 2025, according to a report by Gartner, a business and technology insights company.

It highlighted that spending on generative AI (GenAI) models is expected to grow 117 per cent in 2026, while spending on AI platforms is forecast to increase 36.9 per cent during the year.

According to Gartner, enterprise AI spending is entering a new phase, with companies paying greater attention to how efficiently AI is being used, how much it costs and whether it delivers measurable business outcomes.

“Enterprise AI budgets are coming under greater scrutiny, with increased focus on usage efficiency, cost control and measurable outcomes,” said Arunasree Cheparthi, Senior Principal Research Analyst at Gartner.

She said spending is increasingly shifting towards AI providers that can demonstrate value across cost, latency, performance and reliability.

“This is giving an edge to providers that embed evaluation, cost transparency and usage tracking into customer workflows, making it easier to manage and optimise AI use. However, as spending becomes more usage-driven, providers face increasing pressure to demonstrate real adoption, sustained use and durable margins,” Cheparthi added.

The report said this trend is driving rapid growth in domain-specific language models (DSLMs) and specialised AI models, which are expected to record the fastest growth among all segments.

According to the forecast, spending on Foundation Generative AI Models will increase from USD 11.4 billion in 2025 to USD 23.4 billion in 2026, registering a growth of 104.2 per cent.

Meanwhile, spending on DSLMs and Specialised GenAI Models is expected to rise from USD 1.6 billion to USD 4.9 billion, marking a 210 per cent increase in 2026.

The report also projected spending on AI Application Development Platforms to increase from USD 6.9 billion in 2025 to USD 9.5 billion in 2026, while spending on AI Platforms for Data Science and Machine Learning is expected to rise from USD 19.4 billion to USD 26.4 billion during the same period.

Looking ahead, Gartner said vendors that help enterprises manage AI usage across their businesses are likely to benefit the most as the market evolves. (ANI)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Last updated: July 20, 2026 15:11:14 IST

Recent Posts

'When both LeBron and Joel went out, that group played awesome', says 76ers' coach

VIDEO SHOWS: POST-GAME PRESS CONFERENCE COMMENTS FROM 76ERS' HEAD COACH NICK NURSE AND CAVALIERS' HEAD…

October 23, 2026

BRIEF-Treasure Factory: Unauthorised Access To Systems Leads To Leak Of More Than 700,000 Customer Email Addresses

Oct 23 (Reuters) - Treasure Factory Co Ltd: * TREASURE FACTORY: UNAUTHORISED ACCESS TO SYSTEMS…

October 23, 2026

Apple launches into foldable market as iPhone Duo sales begin

By Aditya Soni SYDNEY, Oct 23 (Reuters) - Sales of Apple's first folding phone, the…

October 23, 2026