Are you looking for statistics on'artificial intelligence for 2024? You are in the right place.
Almost everyone is talking aboutartificial intelligence (AI) and uses it.
The trend of AI research is growing rapidly. Take a look at Google trends on the topic;
Over the past five years, the term “ artificial intelligence » has been the subject of a global trend and a growing body of research.
And… AI tools like Chat GPT are trending all over social media. So what is really happening with AI? Where is she heading? Let's find out.
Table of contents ☰
Artificial Intelligence Statistics [Top Picks]
Is AI a booming industry? How big is the AI market?
The artificial intelligence market size is expected to reach $305,90 billion in 2024 and is expected to reach $738,80 billion by 2030, according to Statista.
According to Harvard Business Publishing, the AI market is expected to contribute $15 trillion to the global economy by 700.
Is AI useful for businesses?
54% of executives say that AI solutions have already increased their company's productivity. (Source: PWC)
What percentage of people use AI?
97% of mobile phone users are already using AI voice assistants (IDAPs). If you're curious, Siri, Cortana, and Google Assistant are some of the best examples of AI voice assistants.
How does AI help sales teams?
G2 reports that companies using AI for sales have increased leads by more than 50%, reduced call time by 60-70%, and realized cost reductions of 40-60%.
Which companies are the leading patent holders in machine learning and AI?
Tencent is the largest holder of active machine learning and artificial intelligence (AI) patent families in the world, with 9 families, and Baidu comes second with just over 614. patent families. (Statista)
In case you're curious, Tencent Holdings Ltd. is a Chinese multinational technology company that owns popular video games, such as PubG, Call of Duty and many more.
General statistics on artificial intelligence
Here are some of the statistics general information on artificial intelligence that will be important in 2024.
Which countries will get the most out of AI?
The largest economic gains from AI will be in China (26% increase in GDP in 2030) and North America (14,5% increase), equating to a total of $10 trillion dollars (Source: PWC).
What are the top countries adopting AI?
Chinese and Indian companies are the most likely to adopt AI (nearly 60%). They are followed by the United States (25%), the United Kingdom (26%), Canada (28%), Australia (24%), etc.
Is India a leader in AI?
IDC projects the Indian AI software market to reach $6 million in 358,8, growing at a compound annual growth rate of 2025%. According to NASSCOM, AI is expected to add $18,1-450 billion to India's GDP by 500.
How is AI helping the healthcare industry?
According to a Deloitte report, the adoption of AI in healthcare is expected to reduce healthcare costs by 26%, improve existing products and services by 27%, and make processes 34% more efficient.
Will AI ever be smarter than humans?
Probably yes. Billionaire and Twitter CEO Elon Musk has warned that AI services could overtake humans by 2025. He also said that artificial intelligence will be 10 times smarter than humans. (Source: Independent)
How many companies are using AI?
35% of companies are already using AI and 42% of companies are exploring AI for implementation in the future, according to a TechJury report.
The report also states that the global adoption rate of AI has increased steadily and now stands at 35%, an increase of four points from 2021.
Facts about AI in 2024
Need the facts about AI? This section is made for you.
How is AI useful in the retail industry?
80% of retail executives expect their business to adopt AI-powered intelligent automation by 2027.
How can OTT platforms benefit from artificial intelligence?
Netflix's recommendations engine (which is powered by artificial intelligence) is worth $1 billion a year. Netflix literally saves $1 billion every year thanks to AI. If you are curious, know that Netflix is a very popular OTT streaming platform with over 230 million subscribers worldwide.
Are companies using artificial intelligence?
According to a study by MIT CCI, 90% of the most successful companies in the world are already investing in artificial intelligence.
How useful is AI for businesses?
63% of executives whose companies have adopted AI say it has led to increased revenue across lines of business (according to Forbes).
What are the main benefits of AI chatbots in marketing?
The main benefits of AI chatbots are round-the-clock service (24%), instant responses to requests (24%) and answers to simple questions (64%).
Are startups using AI?
Yes, the number of startups specializing in AI has increased fourteen times since 14, while investments in startups specializing in AI have increased sixfold (Source: Forbes).
Does Google use AI to process search queries?
Yes, Google uses global AI technologies to process more than 6,9 billion search queries daily, or a staggering 2,5 trillion searches per year worldwide.
Trends in artificial intelligence
Here is a hand-picked list of trends and facts about artificial intelligence.
Is artificial intelligence a demand for the future?
Yes, without a doubt. By 2024, 75% of organizations will move from piloting to operationalizing artificial intelligence, according to Gartner.
How big will the machine learning market be in the future?
Fortune Business Insights forecasts the machine learning market size to reach $209 billion by 2029, growing at a CAGR of 38,8%.
Does NLP have a future?
Yes, indeed, there are. The global natural language processing (NLP) market was valued at $18,9 billion last year and is expected to reach $98,1 billion by 2028. (Markets & Markets)
What is the future size of the wearable AI market?
The wearable AI market is expected to reach $180 billion by 2025.
What is the future size of the AI chip market?
The global AI chip market revenue will reach $83,25 billion by 2027.
How will digital assistants be used in the future?
The use of digital assistants worldwide is expected to double to 8,4 billion by 2024, according to Semrush.
What is the size of the AI-based cybersecurity market?
The global market for AI-based cybersecurity products is expected to reach $133,8 billion by 2030, up from $14,9 billion last year (Source: CNBC).
How important is AI in healthcare?
The healthcare AI market is expected to grow from $14,6 billion in 2024 to $102,7 billion in 2028. (Markets and Markets)
What is the first AI unicorn that will transform the tech industry in 2024?
Horizon Robotics has become the world's most valuable AI chip unicorn, which has raised a total funding of $3,4 billion across 11 rounds.
Is AI beneficial for nursing activities?
AI automation could liberate 10% of nursing activities by 2030.Organization World Health Organization (WHO) predicts a shortage of more than 18 million health care workers over the same period. (Source: EIT Health)
How AI will impact work and jobs
Are you wondering about the impact of AI on employment and the future of work? Here are some of the statistics fascinating things you need to know.
How does AI impact manufacturing jobs?
As many as 20 million manufacturing jobs worldwide could be lost to robots by 2030 (Source: Oxford Economics).
Can AI create jobs in the future?
Yes, AI is expected to create 97 million new jobs by 2025.
Will AI skills be needed in the future?
Jobs requiring AI or machine learning skills are expected to increase by 71% over the next five years.
How many jobs will be threatened by AI?
According to a PwC study, by the mid-2030s, a third of all jobs are at risk of being automated.
Here's a great illustration from Statista predicting the share of jobs at high risk of automation by 2030.
Does automation reduce jobs?
According to McKinsey, automation could lead to the loss of 73 million employees in the United States by 2030 and more than 120 million in India.
How can AI affect low-educated people?
According to a PWC report, 44% of low-educated workers will be affected by automation by the mid-2030s.
How is AI changing the logistics industry?
At Amazon, the average click to ship time has been reduced by 225%, from 60-75 minutes to 15 minutes (Forbes).
How does AI reduce costs in companies?
According to McKinsey, 44% of companies have reduced costs using artificial intelligence. According to Gartner, AI deployments in contact centers will save more than $80 billion in labor costs by 2026.
How is AI changing customer service?
According to PWC, 43% of millennials and 28% of business leaders would pay extra for an AI-driven hybrid service offering direct human access.
What types of jobs is AI likely to replace in the future?
Here are some jobs that AI is likely to replace in the future.
- Customer service executives
- Data entry
- Bookkeeping
- Proofreading
- Receptionists
- Messaging services
- Meal delivery
Artificial Intelligence FAQ
Here are some frequently asked questions about AI statistics and artificial intelligence in general.
What is Artificial Intelligence?
Artificial intelligence (commonly referred to as AI) is about using machine learning and NLP to do things FASTER than humans.
Who is the father of AI?
John McCarthy coined the term "artificial intelligence" in the 1950s, and he is considered the father of AI.
What is the purpose of artificial intelligence?
The most important purpose of AI is to save time. Also, the AI works 24/24 and makes unbiased decisions. AI can perform repetitive tasks without any human intervention.
What are the best AI tools for marketers?
Here are some of the useful AI tools for marketers.
- ChatGPT (can be used as an interactive chatbot)
- Jasper AI (useful for creating content)
- InVideo (to create videos with the help of AI)
What is the future of AI?
Artificial intelligence is developing rapidly and will impact millions of jobs around the world. According to studies, the AI industry is expected to contribute more than $15 trillion to the global economy by 000.
What are the benefits of AI in the medical field?
According to a Frost report, AI-powered medical imaging is expected to save the healthcare sector more than $28 billion by 2025.
Related Resources:
- 9 Best AI Blogs for Beginners to Get Acquainted with Artificial Intelligence
- 10 Best AI Chatbots for 2024
- How to Create a Website with ChatGPT in 4 Easy Steps
- 5 AI Video Generators (Text to Video) That Are Mostly Free
- 3 Surfer SEO Alternatives You Need
- Top 5 ChatGPT Alternatives to Use
Final Thoughts on Artificial Intelligence Statistics (2024)
AI is changing the way we work. It will impact millions of people. Knowing the importance of AI and acquiring the required AI skills sets you apart from the competition.
Was our exclusive list of artificial intelligence stats in 2024 helpful to you? You have questions ? Please let us know in the comments.
