GITNUX MARKETDATA REPORT 2024
Artificial Intelligence Industry Statistics
The artificial intelligence industry is projected to reach a market size of $190 billion by 2025, with a majority of businesses (over 80%) implementing AI in some form by that time.
In this post, we explore the latest statistics shaping the artificial intelligence industry. From projected market revenues to the impact on various sectors, these numbers shed light on the growing influence of AI in our economy and daily lives.
Statistic 1
"Global Artificial Intelligence (AI) software market revenues are projected to reach $22.6 billion by 2025."
Statistic 2
"North America is expected to dominate the AI market by reaching $45.2 billion by 2026."
Statistic 3
"Nearly 90% of businesses are currently using AI-powered voice assistant technology."
Statistic 4
"Computer vision is expected to reach $14.9 billion by 2025."
Statistic 5
"AI in Healthcare is projected to reach $45.2 billion by 2026."
Statistic 6
"85% of businesses will use AI technology by 2022."
Statistic 7
"AI could add $15.7 trillion to the global economy by 2030."
Statistic 8
"Retailers investing in AI have measured 80% improved inventory accuracy."
Statistic 9
"The customer experience management industry is expected to reach a value of $16.91 billion by 2022 with an AI compound annual growth rate (CAGR) of 23.1%."
Statistic 10
"48% of consumers believe that AI will deliver better customer service than humans."
Statistic 11
"More than 30% of businesses are predicted to incorporate AI in their sales processes by 2020."
Statistic 12
"It's projected that AI can increase business productivity by 40% or more by 2035."
Statistic 13
"47% of digitally mature organizations—those with advanced digital practices—have defined an AI strategy."
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