Year-over-year spending on artificial intelligence between 2025 and 2029 is set to grow by 31.9 per cent, according to data from the International Data Corporation (IDC).
This investment, driven by the growth of Agentic AI-enabled applications and systems to manage agentic fleets, is expected to reach $1.3 trillion in 2029.
The research highlights an unprecedented surge in Agentic AI spending and indicates a transformation within enterprise IT budgets, particularly in
