60+ AI Industry Statistics and Trends in 2024

Looking to make sense of all the AI drama? Here are 60+ industry statistics from the AI world to help you understand where things are headed.

The AI or artificial intelligence industry continues to grow by leaps and bounds, with new developments and announcements being made each week.

For many, the AI world is all new and perplexing, but in reality, it is a real industry just like the rest of the tech space.

To show its expanding impact on everyday lives and how it is equally affecting businesses, this post lists 60+ AI industry statistics to highlight these trends.

Business Impact Statistics

  • 35% of companies have already adopted some form of artificial intelligence in their workflow, while another 42% are exploring aspects of AI for future implementation.
  • 72% of companies that use AI believe it simplifies their work.
  • Artificial intelligence might eliminate 85 million jobs by 2025 but will create about 97 million new ones.
  • Machine learning applications help Netflix save $1 billion in costs each year by powering their recommendation engine algorithms that keep users engaged. – Carlos Gomez Uribe
  • 80% of retail executives plan to implement AI-powered automation by 2025.

Usage Statistics

  • There were over 10 million active AI voice assistants in the United States alone in 2020.
  • It is estimated that the number of IoT devices worldwide that will generate data for analysis by AI devices will reach 75 billion units by 2025.
  • Google processes 6.9 billion searches using AI each day.
  • WhatsApp handles over 100 billion AI-processed messages every day.
  • 77% of devices in use already feature some sort of AI technology.

Robots & Automation Statistics

  • Robotic process automation is with 39%, the AI capability most likely to be embedded in a business. Other capabilities are computer vision with 34%, natural language text understanding with 33%, and virtual agents with 34%. – AI Index Report
  • The market size of AI industrial robotics is projected to grow at a 13.53% compounded annual growth rate (CAGR) from $8.49 in 2023 up to $20.64 in 2030. – Statista
  • About 15% of the global workforce of 400 million people could be displaced by automation from 2016 to 2030. – McKinsey
  • About 50% of all activities (not jobs) carried out by workers could be automated. Nearly all occupations are affected by automation in one way or the other, but only about 5% of occupations can get fully automated. – McKinsey

Market Size Statistics

  • The artificial intelligence market is projected to expand by a 37.7% compounded annual growth rate (CAGR) between 2023 and 2030 to a $1.811 trillion market size.
  • AI technology is projected to contribute $15.7 trillion to the global economy by 2030, with $6.6 trillion projected to come from increased productivity, while $9.1 trillion will come from consumption-side effects. – PwC
  • The greatest economic gains resulting from AI will come from China with a 26% GDP boost by 2030 and North America with a 14.5% GDP boost.
  • 72% of American business leads believe artificial intelligence to be the business advantage of the future. – PwC
  • Over 30% of new drug launches by 2025 could be AI-discovered. – Gartner

AI Investment Statistics

  • The global corporate investments in artificial intelligence reached almost $92 billion in 2022. Private investments account for a large part of total AI corporate investments. – Statista
  • Global investments in startups from 2020 to 2022 increased by $5 billion, which is nearly double the previous rates.
  • The AI focus area with the most investment in 2022 was medical and healthcare with $6.1 billion invested. It was followed by data management and cloud applications with $5.9 billion and fintech with $5.5 billion. – AI Index Report
  • The United States led the world in AI investments in 2022, with $47 billion in total investments in the industry. The next highest investor in 2022 was China with $13.4 billion invested. – AI Index Report

Generative AI Statistics

  • The global generative AI market is currently worth $13 billion but is projected to surpass $22 billion by 2025 and $73 billion by 2030, growing at a 27% compounded annual growth rate (CAGR).
  • About 42% of all generative AI revenues in 2022 were generated by transformer models.
  • Respondents to a 2022 survey among professionals in the United States indicate that 29% of Gen Z, 28% of Gen X, and 27% of millennials already use generative AI tools in the office. – Statista
  • A 2023 survey of US professionals to gauge AI adoption by industry showed that the marketing and advertising industry has the highest rate of generative AI adoption in the workplace with 37%, while technology came second at 35%, consulting at 30%, teaching at 19%, accounting at 16%, and healthcare at 15%. – Statista
  • 73% of Indians surveyed use generative AI, while 49% of Australians, 45% of the US, and 29% of the UK population use it. – Salesforce
  • 38% of generative AI users report using the technology for fun, while 34% report using it to learn about new, interesting topics. – Salesforce
  • 65% of generative AI users are millennials or Gen Z. – Salesforce
  • 69% of non-users of generative AI are Gen X or Baby Boomers. 88% are unclear about how it might impact their lives, and 40% say they would use the technology if they knew more about it. – Salesforce
  • About 30% of all outgoing messages from large organizations will be AI-generated by 2025. – Gartner
  • Generative AI is projected to produce 10% of all data produced by 2025. – Gartner
  • 57% of senior IT leaders believe generative AI to be a game changer, with the potential to help them better serve customers.
  • OpenAI is the world’s biggest generative AI company by market value and users.
  • 12% of US adults have used ChatGPT to generate text.

AI Job Market Statistics

  • An executive survey reveals that 73.7% of the surveyed companies have appointed a Chief Data and Analytics Officer. – NewVantage Partners
  • Only 19.3% of surveyed companies have achieved an established data culture, while 26.5% have become data-driven.
  • As many as 97 million people will work in the AI space by 2025.
  • Employers in the United States are increasingly looking for workers with AI-related skills in all sectors of the economy with data. This includes nearly every sector except agriculture, fishery, forestry, and hunting. – AI Index Report

AI Assistants Statistics

  • 54% of polled users agreed that AI assistants make their lives easier.
  • 31% of users stated that AI assistants have become part of their everyday lives.
  • 55% of users said they adopted AI assistant use because it lets them use their devices hands-free, while 23% said it was fun, 22% claimed spoken language felt more natural than typing, and 14% said it was easier for children to use.
  • AI writing assistant users spend 80% less time drafting first drafts. – Jasper AI
  • Developers using a coding assistant can perform tasks up to 55.8% faster than when working alone. – Microsoft Research
  • 92% of respondents use AI voice assistants for online searches, while 75% use them to set reminders, and 73 use them for sending text messages.
  • Google Assistant has a 98% navigation accuracy and 86% command accuracy, while Siri has an 86% navigation accuracy and 93% command accuracy, with Alexa at 72% for navigation and 69% for commands.

ChatGPT Statistics

  • ChatGPT gained its first 1 million users in just 5 days.
  • OpenAI spends around $700,000 every day to keep ChatGPT running.
  • The chatbot currently has 100+ million weekly active users with about 1.5 billion visits per month. – Similarweb
  • 55.99% of ChatGPT users are male, while 44.01% are female.
  • About 25% of companies surveyed admit to saving money by using ChatGPT. The amounts saved range from $50,000 to $70,000. – Statista
  • 11% of American businesses have saved over $100,000 since they started using ChatGPT as part of their workflow.
  • Over 2 million developers use ChatGPT.
  • Over 92% of Fortune 500 companies use ChatGPT.
  • 88%+ traffic to ChatGPT is direct traffic.
  • ChatGPT is banned in 7 countries – including China, Russia, Ukraine, Belarus, Iran, Venezuela, and Afghanistan.

AI & Productivity Statistics

  • Using an AI scheduling tool can save up to 40% of your time. – Reclaim AI
  • Using an AI scheduling assistant can help you perform up to 25% more tasks. – Motion AI
  • AI is expected to contribute a 21% boost to US GDP by 2030. Forbes
  • More than 80% of employees say AI increases their productivity.
  • Marketing automation can boost sales by up to 451%. – Annuitas Group

Conclusion

We have reached the end of this AI industry statistics list and you have seen all the different stuff happening in the world of artificial intelligence.

You should also understand that these statistics are just a glimpse of the entire picture and only highlight some of all that’s going on. Because the AI world out there is big – and it’s getting bigger.

Nnamdi Okeke

Nnamdi Okeke

Nnamdi Okeke is a computer enthusiast who loves to read a wide range of books. He has a preference for Linux over Windows/Mac and has been using
Ubuntu since its early days. You can catch him on twitter via bongotrax

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