Ai In The Cloud Industry Statistics

In this post, we will explore the significant role of artificial intelligence (AI) in the cloud industry, backed by an array of compelling statistics. From the exponential growth projections to the increasing adoption rates among businesses, these statistics underscore the transformative impact of AI on cloud services and pave the way for an era of innovation and strategic growth initiatives.

Statistic 1

"By 2023, AI in public cloud deployments is predicted to surpass $10 billion."

Statistic 2

"AngelList has approximately 11,000 companies listed as cloud-based artificial intelligence companies."

Statistic 3

"The global AI cloud services market is expected to grow at a CAGR of 32.9% from 2020 to 2026."

Statistic 4

"By 2023, most companies will be using AI and analytics services from the major cloud service providers."

Statistic 5

"By 2025, 50% of all business analytics software will incorporate AI functionality."

Statistic 6

"The AI in the cloud market is expected to grow at a CAGR of 40.9% over 2021–2028."

Statistic 7

"61% of business professionals think cloud AI has the potential to drive strategic growth initiatives."

Statistic 8

"In 2020, 70% of the businesses increased usage of cloud services due to the implementation of AI."

Statistic 9

"65% of organizations that implemented AI increased their cloud storage utilization by more than 50%."

Statistic 10

"78% of organizations plan to increase spending on cloud services due to AI over the next two years."

Statistic 11

"The cloud AI software market is expected to generate $9.7 billion in revenue by 2025."

Statistic 12

"Businesses expect that 60% of data will be processed by cloud-based AI by 2025."

Statistic 13

"In 2020, 54% of IT professionals reported using AI services in the cloud."

Statistic 14

"According to a 2020 survey, 45% of companies report AI as a consideration for their cloud services."

Statistic 15

"The cloud-based AI market size grew from $641 million in 2019 to $2 billion in 2020."

Statistic 16

"The AI platform software market is expected to grow to $22.6 billion by 2024."

Statistic 17

"In 2021, 65% of the 200 AI companies surveyed were using AI in the cloud."

The statistics presented clearly indicate a significant and rapid growth in the adoption and utilization of AI in the cloud industry. Forecasts predict substantial increases in market size, revenue generation, and the incorporation of AI functionality into business analytics software. Businesses are increasingly turning to major cloud service providers for AI and analytics services, with a majority reporting increased cloud storage utilization and plans to boost spending on cloud services in the future. The data underscores the potential for strategic growth initiatives driven by cloud AI, highlighting the transformative impact this technology is having on organizations across various sectors.