GITNUX MARKETDATA REPORT 2024

Technology Industry Statistics [Fresh Research]

Statistic 1

"The global Artificial Intelligence market is projected to grow from $136.6 billion in 2022 to $1,811.8 billion by 2030, with 8 billion AI-powered voice assistants by 2023 and an increase of $15.7 trillion in global GDP. Already 77% of devices feature AI."

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Statistic 2

"The global smartphone market is projected to grow from $484.81 billion in 2022 to $792.51 billion by 2029, with a CAGR of 7.3%."

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Statistic 3

"The global Artificial Intelligence market is projected to grow from $136.6 billion in 2022 to $1,811.8 billion by 2030, with 8 billion AI-powered voice assistants by 2023 and an increase of $15.7 trillion in global GDP. Already 77% of devices feature AI."

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Statistic 4

"AI services are rapidly growing in popularity and profitability, with the number of businesses utilizing AI services growing by 270% between 2015 and 2019 and revenue generated in 2020 reaching $19.4 billion."

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Statistic 5

"5G global subscriptions have grown to 236 million, with the 5G chipset market projected to reach $22.86 billion by 2027."

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Statistic 6

"The 5G services market is expected to grow at a CAGR of 25.3% over the next five years, reaching USD 331.12 billion, with 90% penetration among consumers in the US and Canada."

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Statistic 7

"The Augmented Reality market is flourishing, growing at a CAGR of 41.5% up to 2030, with revenues of $942 million in 2022 and 1.4 billion AR device users by 2023, and a value of $137.14 billion by 2028."

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Statistic 8

"By 2022, consumer spending on AR/VR is forecast to account for 37.4% of the global AR/VR customer market, with 8.9 million units shipped in 2018 and total sales of $9.7 billion by 2020."

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Statistic 9

"Smartphone shipments are projected to reach 1.43 billion units in 2022, with 6.23 billion subscriptions in 2021 and 7.7 billion by 2027. Samsung holds 23.4% of the global market share, while Apple typically peaks in the last quarter of the year."

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Statistic 10

"The global smartphone market is projected to grow from $484.81 billion in 2022 to $792.51 billion by 2029, with a CAGR of 7.3%."

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Statistic 11

"The technology industry is made up of 56% hardware, software, and services, 26% telecom services, and 19% emerging technologies, with most of the tech spending occurring outside of the US."

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Statistic 12

"The U.S. tech industry is estimated to reach a market value of $1.6 trillion by the end of 2021, employing 12.2 million workers and accounting for 7.9% of the total U.S. workforce and 10.5% of the total U.S. GDP."

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