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European AI spending is on track to reach nearly $470 billion by 2030

Help Net Securityby Mirko Zorz ()2 min read9 · 3 reads
AI summary · grok-4.7Summaries by Vani AI

IDC forecasts European AI spending near $470 billion by 2030, led by generative and agentic AI.

IDC forecasts European organizations will spend nearly $470 billion on AI in 2030, growing 35% a year from 2025 and more than quadrupling the market. Generative AI is projected to be 55.4% of spending by 2030, driven by agentic AI, while software takes 54.9% of 2026 spending and grows 43.9% annually. Banking is the largest 2026 spender at 12.6%, and healthcare providers grow fastest at 41% a year, including NHS ambient scribing for 20,000 clinicians. IDC also cites EU AI Act transparency and most high-risk rules from 2 August 2026, with remaining obligations from 2 August 2027.

Key facts
  • IDC forecasts nearly $470 billion in European AI spend by 2030.
  • Growth is 35% a year; generative AI reaches 55.4% of spending.
  • Software is 54.9% of 2026 spend and grows 43.9% annually.
  • Banking leads 2026 share; healthcare grows fastest at 41% a year.
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From the original article

2 min read at helpnetsecurity.com

European organizations will spend nearly $470 billion on AI in 2030, IDC forecasts, with spending growing at a compound annual rate of 35% from 2025. At that rate, the market more than quadruples in five years. Generative AI will account for 55.

Help Net Security

By Mirko Zorz · helpnetsecurity.com

Read the full article at Help Net Security

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.