Omdia: AI software revenue to pass $200 billion in 2026 as generative AI grows 139%

Nov 10, 2026
Omdia's latest forecast doubles its 2024 AI software revenue figure for 2026 and expects agentic AI to grow at a 104% CAGR through 2031.

Omdia forecasts global AI software revenue will exceed $200 billion in 2026, twice its 2024 level, according to its latest AI software market forecast. The research firm expects generative AI revenue to grow 139% during the year as businesses expand their use of AI assistants, coding tools and AI features in business software.

Omdia expects the overall AI software market to record a 30% compound annual growth rate from 2025 to 2031. Agentic AI is projected to be the fastest-growing segment, with a 104% compound annual growth rate over that period.

Generative AI is forecast to surpass predictive AI as the largest AI software revenue segment by 2028. The estimates count only the AI technology component of software products, rather than their total revenue. Omdia, part of Informa Tech, is a technology research and advisory group that sells its market forecasts to companies.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Enterprise AI Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Brief AI Brief (X)
Free newsletter

Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

Guide
AI meeting notetakers for workplace conversations

AI meeting notetakers for workplace conversations

A guide to capture methods, meeting notes and team workflows

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.