Ai Software Industry Statistics

The AI software industry is expected to continue experiencing rapid growth driven by advancements in technology and increasing demand for automation and data analytics solutions across various sectors.

Statistic 1

"The global AI software market is expected to experience an exponential growth from 10.1 billion U.S. dollars in 2018 to 126 billion by 2025."

Sources Icon

Statistic 2

"In 2020, The AI market in the United States expected to reach a market size of 22.6 billion U.S dollars."

Sources Icon

Statistic 3

"The healthcare sector was the largest application market for AI in 2020, at 28% of the total AI software market."

Sources Icon

Statistic 4

"As of 2018, Google was the biggest corporate investor in AI technology."

Sources Icon

Statistic 5

"It is projected that by 2021, 80% of emerging technologies will have AI foundations."

Sources Icon

Statistic 6

"It's expected that by 2024, the AI software market will touch a valuation of $100 billion."

Sources Icon

Statistic 7

"The autonomous cars segment of the AI industry is expected to reach $60 billion by 2030."

Sources Icon

Statistic 8

"84% of global businesses believe that AI will give them a competitive advantage."

Sources Icon

Statistic 9

"North America had the highest AI market share in 2019, 40.8% to be exact."

Sources Icon

Statistic 10

"By 2030, AI is predicted to contribute $15.7 trillion to the global economy."

Sources Icon

Statistic 11

"AI chatbots helped businesses save $20 million in 2017."

Sources Icon

Statistic 12

"It's expected that by 2028, AI could take over 16% of the current global job positions."

Sources Icon

Statistic 13

"It's projected that by 2024, AI in the U.S. education sector will grow by 47.5%."

Sources Icon

Statistic 14

"By 2021, 75% of commercial enterprise apps are predicted to use AI."

Sources Icon

Statistic 15

"IBM Watson’s AI was able to predict 95% of breast cancer cases."

Sources Icon

Statistic 16

"It’s forecasted that by 2025, the overall AI market in China will be worth over 11.9 billion U.S. dollars."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!