GITNUX MARKETDATA REPORT 2024

Ai In The Big Data Industry Statistics

AI will continue to revolutionize the big data industry by providing advanced data analysis and predictive modeling capabilities.

In this post, we will explore a comprehensive collection of statistics highlighting the significant impact of artificial intelligence (AI) and big data in the industry. From the exponential growth projections to the transformative effects on businesses, these statistics underscore the crucial role that AI and big data play in shaping the future landscape of various sectors. Join us as we delve into the data-driven realm of AI in the big data industry.

Statistic 1

"The global AI in big data analytics and IoT market is expected to grow from USD 52.86 billion in 2021 to USD 137.15 billion by 2026, at a compound annual growth rate (CAGR) of 20.9%."

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Statistic 2

"The AI in the Big Data market is projected to grow at 21.1% CAGR during the forecast period 2018-2023."

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Statistic 3

"It is estimated that by 2025, AI and ML (Machine Learning) projects will generate nearly $50 billion in annual revenues."

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Statistic 4

"As much as 80% of the data produced every day is unstructured, AI and big data tools can process this data efficiently."

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Statistic 5

"Up to 40% of all data analysis reports will be generated by AI by 2022."

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Statistic 6

"In 2020, 31% of global businesses reported using AI in conjunction with Big Data."

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Statistic 7

"70% of organizations believe that AI and big data are the most significant factors for their digital transformation."

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Statistic 8

"By the end of 2024, the demand for data science skills will increase by 28%."

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Statistic 9

"By 2023, AI usage in data analysis for enterprises is projected to increase by 52%."

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Statistic 10

"The AI market in finance— one of the largest sectors employing big data analytics— is predicted to reach $9 billion by 2025."

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Statistic 11

"Spending on AI for CRM activities is predicted to reach $46 billion annually by 2021."

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Statistic 12

"By 2022, businesses may automate up to 67% of their tasks with AI."

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Statistic 13

"IDC predicts worldwide spending on AI systems will exceed $79.2 billion by 2022, highlighting the economic investment and emphasizing the role of big data."

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Statistic 14

"In 2018, 59% of companies surveyed reported using big data and AI in tandem for strategy implementation."

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Statistic 15

"According to Adobe, companies that are AI pioneers are 2.3 times more likely to handle data analysis than their peers."

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Statistic 16

"According to PwC’s report, 86% of CEOs believe AI will be mainstream technology in their businesses by 2025."

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Statistic 17

"By the close of 2019, an estimated 77% of devices that consumers use the world over were utilizing AI in some way, all relying on the big data to function efficiently."

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Statistic 18

"90% of businesses report faster issue detection and resolution since implementing AI and big data."

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The statistics presented clearly indicate a significant and sustained growth trajectory for AI in the big data industry, with market projections, revenue estimates, and adoption rates all pointing towards a future where AI and big data play a central role in business operations. The increasing integration of AI with big data analytics is leading to enhanced efficiency, improved decision-making, and transformative digital transformations across various sectors. Businesses that embrace AI technology early on are reaping the benefits of enhanced data analysis capabilities and faster issue resolution. As AI continues to gain prominence and become a mainstream technology, organizations that leverage its potential stand to gain a competitive advantage in the evolving landscape of the big data industry.

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