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.

Statistic 1

"Global Artificial Intelligence (AI) software market revenues are projected to reach $22.6 billion by 2025."

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Statistic 2

"North America is expected to dominate the AI market by reaching $45.2 billion by 2026."

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Statistic 3

"Nearly 90% of businesses are currently using AI-powered voice assistant technology."

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Statistic 4

"Computer vision is expected to reach $14.9 billion by 2025."

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Statistic 5

"AI in Healthcare is projected to reach $45.2 billion by 2026."

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Statistic 6

"85% of businesses will use AI technology by 2022."

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Statistic 7

"AI could add $15.7 trillion to the global economy by 2030."

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Statistic 8

"Retailers investing in AI have measured 80% improved inventory accuracy."

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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%."

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Statistic 10

"48% of consumers believe that AI will deliver better customer service than humans."

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Statistic 11

"More than 30% of businesses are predicted to incorporate AI in their sales processes by 2020."

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Statistic 12

"It's projected that AI can increase business productivity by 40% or more by 2035."

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Statistic 13

"47% of digitally mature organizations—those with advanced digital practices—have defined an AI strategy."

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