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.

Statistic 1

"By 2025, the global AI market is expected to be almost $60 billion; in 2016 it was $1.4 billion."

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Statistic 2

"AI could contribute up to $15.7 trillion to the global economy in 2030 according to PWC."

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Statistic 3

"The AI-driven data analytics market is expected to grow to about $68.09 billion by 2025."

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Statistic 4

"AI spending in the data industry is expected to reach $110 billion by 2024."

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Statistic 5

"Roughly 81% of data executives agree that AI improves data analysis."

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Statistic 6

"74% of the data executives believe AI will help their organizations gain a competitive advantage."

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Statistic 7

"About 33% of businesses reported to using machine learning and AI in their data processing."

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Statistic 8

"Enterprises leveraging AI in their data analysis have seen an improvement of up to 45% in their predictive accuracy."

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Statistic 9

"Only 31% of businesses use AI to make their information and data management more efficient."

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Statistic 10

"45% of businesses are looking to improve accuracy in their decision-making process with AI."

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Statistic 11

"According to Deloitte, 20% of the top executives have plans to implement AI across their business."

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Statistic 12

"75% of commercial companies use AI-based technologies for cybersecurity."

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Statistic 13

"96% of businesses say that they will use AI for improving customer engagements."

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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."

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Statistic 15

"43% of employees are willing to have AI make business decisions on their behalf."

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