GITNUX MARKETDATA REPORT 2024
Ai In The Data Industry Statistics
AI is revolutionizing the data industry by enabling advanced analysis and prediction capabilities to unlock insights and drive informed decision-making.
In this post, we explore the significant impact of AI in the data industry through a series of compelling statistics. From the exponential growth projections in the global AI market to the transformative effects on business operations and decision-making processes, these statistics shed light on the profound influence of artificial intelligence in driving innovation and competitiveness in the data landscape.
Statistic 1
"By 2025, the global AI market is expected to be almost $60 billion; in 2016 it was $1.4 billion."
Statistic 2
"AI could contribute up to $15.7 trillion to the global economy in 2030 according to PWC."
Statistic 3
"The AI-driven data analytics market is expected to grow to about $68.09 billion by 2025."
Statistic 4
"AI spending in the data industry is expected to reach $110 billion by 2024."
Statistic 5
"Roughly 81% of data executives agree that AI improves data analysis."
Statistic 6
"74% of the data executives believe AI will help their organizations gain a competitive advantage."
Statistic 7
"About 33% of businesses reported to using machine learning and AI in their data processing."
Statistic 8
"Enterprises leveraging AI in their data analysis have seen an improvement of up to 45% in their predictive accuracy."
Statistic 9
"Only 31% of businesses use AI to make their information and data management more efficient."
Statistic 10
"45% of businesses are looking to improve accuracy in their decision-making process with AI."
Statistic 11
"According to Deloitte, 20% of the top executives have plans to implement AI across their business."
Statistic 12
"75% of commercial companies use AI-based technologies for cybersecurity."
Statistic 13
"96% of businesses say that they will use AI for improving customer engagements."
Statistic 14
"According to a survey by Figure Eight, data scientists spend about 80% of their time in preparing and managing data for AI applications."
Statistic 15
"43% of employees are willing to have AI make business decisions on their behalf."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.