GITNUX MARKETDATA REPORT 2024

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."

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Statistic 2

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

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Statistic 3

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

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Statistic 4

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

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Statistic 5

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

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Statistic 6

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

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Statistic 7

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

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Statistic 8

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

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Statistic 9

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

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Statistic 10

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

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Statistic 11

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

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Statistic 12

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

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Statistic 13

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

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Statistic 14

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

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Statistic 15

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

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Statistic 16

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

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