SynopsisWhile potential for multiple service options remains huge, new AI-led services such as physical AI, silicon engineering and SaaS replacement are seeing lower capture rates than services built around existing enterprise systems, according to the study by consulting firm Zinnov.Artificial intelligence (AI) is estimated to create an addressable market of $700 billion to $1.2 trillion by 2030 for AI-related services, but IT services firms are likely to capture only $260-440 billion of this, according to a study.While potential for multiple service options remains huge, new AI-led services such as physical AI, silicon engineering and SaaS replacement are seeing lower capture rates than services built around existingNow Playing
IT firms slow-footed to capture opportunity in new AI services: Study - The Economic Times
While potential for multiple service options remains huge, new AI-led services such as physical AI, silicon engineering and SaaS replacement are seeing lower capture rates than services built around existing enterprise systems, according to the study by consulting firm Zinnov.
TL;DRAI
AI market $700B-$1.2T by 2030; IT firms capture $260-440B, with new AI services (physical, silicon engineering) lagging significantly. IT leaders: adjacency playbook breaks on new AI domains—M&A or capability build now critical to compete in emerging segments.
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