GITNUX MARKETDATA REPORT 2024

Gen AI Industry Statistics

Gen Ai industry statistics provide valuable insights into the market trends and performance of companies using artificial intelligence technologies.

Statistic 1

"Gen AI is forecasted to generate a significant portion of the global annual economic value by 2030, about $13 trillion."

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Statistic 2

"84% of enterprises believe investing in AI will lead to greater competitive advantages."

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Statistic 3

"By 2025, the AI market is projected to grow to a $190 billion industry."

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Statistic 4

"As of 2019, over 2,830 AI-related startups have received $66B in funding across 80 countries."

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Statistic 5

"75% of commercial enterprise applications will use AI by 2021."

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Statistic 6

"There is an estimation of more than 300,000 AI professionals worldwide, but millions more roles that could potentially benefit from AI talent."

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Statistic 7

"Only 23% of enterprises have incorporated AI into processes and product/services extensively."

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Statistic 8

"In 2019, it was predicted that during the next 12 months, 31% of enterprises are likely to join the AI race."

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Statistic 9

"As of now, 59% of companies gathered data to build AI algorithms."

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Statistic 10

"27% of global consumers believe that AI leads to loss of jobs."

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Statistic 11

"The AI in the finance market was worth nearly $4.27 billion in 2019."

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Statistic 12

"In a survey of 1,000+ global organizations, 80% of respondents indicated they are investing in AI today."

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Statistic 13

"Globally, 50% firms that invested in AI have introduced AI-driven chatbots and virtual assistants."

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Statistic 14

"About 77% of the devices we use daily are based on AI."

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Statistic 15

"The manufacturing sector has seen the greatest number of AI implementations to date, with 29% of use cases, followed closely by the healthcare sector at 20%."

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Statistic 16

"Investment in AI startups globally went from $3.2 billion in 2014 to $12 billion in the first few months of 2017."

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Statistic 17

"81% of IT leaders are currently investing in or plan to within the next 18 months in AI."

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Statistic 18

"The AI optimisation software market size is predicted to grow from USD 23.4 billion in 2021 to USD 41.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period."

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