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Jun 19, 2024 · Overview. Regional overview. Segments. Impact of AI. Special focus: Generative AI. Find the most relevant and recent statistics and facts about artificial intelligence (AI).
Sep 8, 2023 · A new study by Electronics Hub examines search data for 90 generative AI tools in these categories to identify the most popular ones as of July 2023. Text Generation Is Most Common, for Better or...
Nov 11, 2024 · With things moving so fast and so many sources of information available, we’ve gathered these up-to-date AI statistics to give you a snapshot of AI in 2024. Keep reading for fascinating insights on who is using AI, how they are using it, and how it’s impacting the workplace.
- Artificial intelligence (AI) and machine learning (ML) are related concepts but have distinct meanings. Artificial intelligence refers to the broad...
- There is no one person responsible for developing AI. It has a complex history that began in the 1950s, and numerous scientists, engineers, and res...
- The answer is that almost everyone with a mobile phone uses AI, although they may not realize it. For instance, IDAP states that 97% of mobile user...
- It is difficult to estimate the number of lives saved by AI, partly because there are so many ways in which this can be achieved and partly because...
- It is almost certain that AI will never fully replace humans. Although many human jobs may be lost to AI systems, others will be augmented and crea...
- Beshay
- A majority of adults in all countries surveyed use the internet. Internet users are defined as people who say they use the internet at least occasionally or have access to the internet via a smartphone.
- In every country surveyed, adults ages 18 to 39 are significantly more likely than those 40 and older to use the internet. These gaps are especially large in several of the middle-income countries surveyed in 2023.
- In all countries surveyed, adults with more education are more likely than those with less to use the internet. As with age, the education gap on internet use is most pronounced among people in emerging economies, such as India and Nigeria.
- Majorities of adults in nearly every country surveyed say they own a smartphone. Rates of smartphone ownership are highest in South Korea, where 98% report owning a smartphone, and lowest in India and Nigeria, where fewer than 50% do.
- Top Ai Statistics
- Artificial Intelligence Market Size
- Ai Adoption: Artificial Intelligence Growth
- How Businesses Adopt Artificial Intelligence
- Ai in Marketing, Customer Service, and Sales Statistics
- Ai Replacing Jobs and Employment Statistics
- Where Is Ai Used Today?
- Popular Ai Function Statistics
- Ai Challenges & Predictions
- Conclusion
The global AI market is valued at over $196 billion.AI industry value is projected to increase by over 13xover the next 7 years.The US AI market is forecast to reach$299.64 billionby 2026.The AI market is expanding at a CAGR of 38.1%between 2022 to 2030.The AI market is worth around $196.63 billion
As of the latest available data from 2023, the global AI market is worth $196.63 billion. That's an increase of around $60 billion since 2022. This is primarily thanks to increasing practical use cases of AI technology, from content creation to self-driving cars.
The global AI market is expected to reach $1.81 trillion by 2030
While the current AI market is sizeable, it's set togrow by over 13xover the next decade or so. During this forecast period, the AI market is predicted to increase by a CAGR of 38.1%.
The AI software market's global annual revenue is currently over $50 billion
The AI software market's global annual revenue (2018 to 2025): *Projected figures
Between 2015 and 2019, the number of businesses utilizing AI services grew by 270%
In 2015 just 10% of organizations used or planned to implement AI in the near future. By 2019, this figure had surged to 37%.
Approximately 7 in 20 organizations use AI
According to Hostinger Tutorials, 35% of companies use AI services.
Global AI is growing at a CAGR of almost 40%
AI's recent rapid growth is unlikely to slow down in the near future. In fact, global AI adoption by organizations is set to expand at a CAGR of 37.3%between 2023 and 2030.
Around 4 in 5 companies deem AI to be a top priority in their business strategy
A whopping 83%of companies claim that using AI in their business strategies is a top priority. Automated emails and chatbots are two of the most common uses of AI in everyday business communications. Here's a look at current company usage of AI:
80% of retail executives expect their businesses to adopt AI automation by 2025
The vast majority of surveyed retail executives believe their company will utilize AI automation within the next three years.
Around 17 in 20 CEOs claimed AI would be "mainstream technology" in their company in 2021
86% of CEOs agree thatAI and business go hand-in-hand since AI is mainstream technology in their offices.
Marketing and sales departments prioritize AI and ML for market revenue success 40% more than other industry departments
AI marketing companies, customer service roles, and sales departments rely on process automation to increase their market revenue share. Artificial intelligence is a solution for overworked customer-facing roles.
AI algorithms increase leads by as much as 50%
AI algorithms reveal data on which products generate the highest profit margins and offer valuable insight into a client's purchasing habits. Recent data shows that using AI for sales: 1. Increases leads by 50% 2. Reduces call times by 60% 3. Results in overall cost reductions of up to 60%
Around 4 in 10 marketers believe that AI email marketing improves market revenue
In total 41.29%of marketers agree that using AI for email marketing generates higher market revenue.
Transportation and storage workers face the greatest risk of job automation
Many people worry that AI will continue to take jobs from human workers resulting in a job crisis. And some are even asking whether they should start looking for a new career solution before automation makes their current role obsolete. Below is data on employment shares and the proportion of jobs at high risk of automation by the early 2030s for all UK industry sectors: Fears of being made redundant might be justified for workers in the transportation and storage (56.4%), manufacturing (46.4...
Across all US industries, AI and ML are expected to replace 16% of all US jobs in less than half a decade
Despite this, new jobs are likely to arise. The AI market will create 9% of new jobs in the US for a net loss of 7%.
Theuses for AIstretch far beyond cataloging the content of your online shopping cart. Artificial intelligence systems can function as digital personal assistants, turn the lights on in a smart home, and even protect against infectious diseases like COVID-19.
There are over 4 billion voice assistants currently in use
Chatbots may still need improvements in natural language processing before consumers are on board. But voice assistants are a prime example of AI merging seamlessly with everyday life. Here is the number of digital voice assistants in use worldwide from 2019 to 2024: *Projected figures. This year, voice assistants equipped with natural language processing technology may outnumber the human race at 8.4 billiondevices.
More than half of Americans use voice assistants for information purposes
Over 110 millionvirtual assistant users reside in the US. And as of early 2020, voice assistants were a source of information for 51% of all US residents.
By the end of this year, the NLP market share is forecast to increase to over $37 billion
Natural language processing (NLP)helps computers translate human language into information they understand by manipulating data. Companies are striving to bridge the gap between human language and machine intelligence. Here's a look at global revenue from the NLP market from 2017 to 2025: *Projected figures During the forecast period of 2017-2025, the NLP market is set to grow by around 14x.
Job loss is a primary concern for AI skeptics
AI progress comes with its fair share of ethical, business, and practical concerns. These include job loss and the ethical implications of computer integration with conscious thought.
Elon Musk warns that AI services could overtake humans by 2025
Elon Musk is best known for electric cars and rocket ships. But he's also an investor in one of the world's fastest-growing AI startups: OpenAI. This makes it noteworthy that Musk wonders er whether AI will be sentient in the next 2-5 years.
Around 3 in 4 CEOs worry about limited transparency in the AI market
A 2017 survey found that 76% of CEOs worry about the lack of transparency and the potential of skewed biases in the global AI market.
The AI market clearly has a promising and profitable future. While concerns over job loss exist, there is data to indicate that the technology will create more startups and jobs than it destroys. One way or another, AI is most definitely part of the present. And the future. For more related content, check out Top AI and Machine Learning Trends and ...
Nov 12, 2024 · Chatbot tools have proved to be the most popular AI software so far, generating the largest share of traffic with 19.1 billion visits over the year to August 2023. AI writing tools were well behind, with 1.7 billion visits over the period.
People also ask
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Feb 29, 2024 · Taking part in machine learning, AI and big data is at the top of the priority list for many organizations. According to IBM: 34% of companies currently use AI, and an additional 42% are exploring AI. 35% of organizations are training and reskilling their teams to use new AI and automation tools.
