we cover AI statistics according to the maximum industry coverage. Now it’s giving us the best idea of how ai growing and the future impact of industrial growth.

The 2024 year is a revolutionary period of artificial intelligence and ChatGPT is the most crucial part of the recent AI revolution. 

But we don’t know the exact stats about the Ai Space. Like How big it is and how quickly it’s going up?

AI has rapidly become the fastest-growing industry of the 21st century and its revolution makes awesome changes in our lives, technology, education, and learning tools that broaden our tasks. 

For AI milestones, we’re offering AI statistics on the impact of our lives. 

Read: AI Trends (Sep 2024)

Read: Best Ai software

Read: lifetimebies

Artificial Intelligence Statistics That You Should Know in 2024!

Global AI market Value is now at over $196 Billion

48% of businesses use some form of AI to utilize big data effectively. 

Currently, 38% of medical providers use computers for their diagnosis. 

AI industry value is projected to increase by over 13x since the last 6 years

The US AI market is forecasted to reach $299.64 billion by 2026

The AI market globally is expanding at a CAGR of 38.1% between 2022-2030

Close to 2025, More than 98 Million people will work on AI Spance. 

The AI market is expanding 120% year by year.  

83% of companies have the top priority of their business plans. 

Netflix makes $1 Billion annually from AI personalized recommendations. 

Again 2024 to 2030, The AI market projected at a compound annual growth rate (CAGR) of 28.46%

The AI market size is estimated to reach $305.9 billion by 2024

Ai is estimated to create 133 million new jobs by 2030

AI is projected to contribute up to $15.7 trillion to the global economy by 2030

Close to 75% of professionals are concerned about losing their jobs due to AI

Approximately 25% of companies implement AI technology to tackle labor shortages. 

The highest AI adaptation in the are now India and China

Global AI Startup funding reached $20 billion in February 2024

The generative AI market will be hit with $1.3 trillion by 2032

85.1% of AI users use the technology for article writing and content creation. 

50% of consumers are now optimistic about AI 

Sc: Explodingtopics

Demographics of AI

If you understand the demographics between different societies, groups, and societies. You should know the valuable insights across the different segments. The demographic use of AI is very important and it statistics that have, you can see around. 

In the demographics service in the world according to AI demographics. 

Asians are 40%, Men 38%, Individuals aged 38%, High-income jobs 52%, and Democrats are 34% that are used for the real-time. 

Weekly AI Demographics by Age 

68% of nonusers are Gen X Baby Boomers

18-25 years old use virtual assistants up to 29.9%

26-40 years olds use virtual assistants up to 25.3%

41-60 years olds use virtual assistants up to 14%

61+ years olds use virtual assistants up to 30.8%

AI Demographics(New AI statistics) By Sex

Men are relatively more aware of AI than women

Women use a more virtual assistant 

85.6% of men drive autonomous vehicles, while woman 84.7%

Large Language Models Man 79.4%, Women use 78.9%

Smart Cleaning Machines men 67.9% and Women 67.5%

AI software marketing is growing fast and is worth now over 100 billion globally

The AI software market’s annual revenue globally growth (2018 to 2025):

Year	Revenue
2018	$10.1 billion
2019*	$14.69 billion
2020*	$22.59 billion
2021*	$34.87 billion
2022*	$51.27 billion
2023*	$70.94 billion
2024*	$94.41 billion
2025*	$126 billion

AI Adoption and Implementation Across Industries

35% of businesses now using AI

99% of leading businesses investing in AI technology

52% of telephone companies now use AI chatbots

59% of executives are convinced to use AI applications that making easier to manage the big data of their companies

Oxford University’s AI system has 93% accuracy using machine learning.

Google processes approximately 6.9 billion searches daily using global AI technologies.

WhatsApp generates over 100 billion AI-processed messages each day.

20% of C-suite executives use machine learning for their service.

About 75% of vehicles will be equipped with AI technology by 2025

80% of Retail executives prepare to adopt AI automation system  by 2025

Global Market Statistics and Economic Impact(ai statistics)

The global market of ai expecting to reach #$500 billion by 2024

AI contribution to our global economy is projected to be $15.7 trillion by 2023

The AI market globally is expanding at a CAGR of 38.1% between 2022-2030

It’s confirmed that the global AI hardware market will exceed $50 billion in demand for AI chips by 2025

80% of emerging technologies will have strong asi foundations by 2025

Ai driven semiconductors market is expected to grow 60% by 2024

Recently, we learned that AI can reduce the operation of business by 35% on average eBay 2025

AI is a good option for data analysis and it might reach $274 billion by 2027

55% of global enterprises accelerated their AI strategy due to COVID-19

67% of global companies have invested over $1 million in AI technology to improve their AI strategy

The AI market grow 25% by 2025(Tractica)

This data helps us to understand the potential growth of the global ai market. 

Between 2021 and 2022, the global AI market is projected to grow by 47%.

Year	Growth Of Years
2019	54%
2020	54%
2021	54%
2022	47%
2023	38%
2024	33%
2025	26%

F

Enterprise AI adoption and statistics(AI statistics)

91% of top-notch businesses have ongoing investments in AI 

83% of companies consider AI a top technical priority for their businesses

Between 2015-2024, The number of companies that deployed AI increased by 270%

50% of enterprise companies will have AI orchestrating their customer experience processes. 

56% of CEOs say AI will be critical to their business upcoming the next five years

65% of companies believe that AI will significantly impact their products and business.

47% of companies are using ai powered customer analytics

Global 89% of firms believe AI will help them stay competitive

In the large stage, 66% of companies report faster decision-making through AI-driven insights.

AI in Healthcare growth and statistics

Healthcare industry AI is projected to grow in CAGR at %41.5 and reach at least $45.2 Billion by 2026

86% of healthcare providers are investing in AI technologies

By 2026, AI-driven diagnostics could be able to save $150 billion annually from the us health care economy report. 

The AI healthcare market is projected to reach at least $61.59 billion close of 2027

To enhance their outcomes, 93% of healthcare executives are investing ai technology now

45% of healthcare providers have integrated AI into their workflow for the best respot in a short time. 

According to the us report globally can able to handle ai 40% of diagnostic tasks in 2026

AI drives medical imaging will reduce the misdiagnosis rates by 25%

AI will cut 50% of drug discovery time. 

70% of health executives believe Ai will ease the clinical trial within the last few years

Finally, by 2025, 80% of healthcare organizations will use ai powered remote patient monitoring

 

AI statistics in finance

The global AI in the fintech market is expected to reach a big shock and it might go over $26.67 billion by 2026

Financial service leaders expect AI to increase the efficiency of fraud detection.

By 2025, AI is anticipated to manage $1 trillion as assets.

AI in finance is expected to touch $43 billion by 2025

Reduce 70% responsiveness time by ai powered customer service tools

By 2026, AI will manage $1.5 trillion in assets

Globally for risk management 78% of Finance service firms use AI

By 2025, 10% of global assets will managed by AI-driven Robo Advisor

Globally, Now 78% of banks are using AI for finance advisor personalized

AI provides a competitive edge for 64% of financial    leads

In Anti-money laundering processes will grow 35% by 2026

AI In the job market and stats(ai statistics)

Ai is estimated to create 133 million new jobs by 2030

Also, a report AI will create 97 Million new jobs by 2025

67% of global employees believe AI will automate their work shortly. 

This data shares to the job that are in high risk for automation by the early 2030 of UK Industry sector. 

Industry Lists	Employment Shares	Job Automation Risk
Wholesale and retail trade	14.80%	44%
Manufacturing	7.60%	46.4%
Administrative and support services	8.40%	37.4%
Transportation and storage	4.90%	56.4%
Professional, scientific, and technical	8.80%	25.6%
Human health and social work	12.40%	17%
Accommodation and food services	6.70%	25.5%
Construction	6.40%	23.7%
Public administration and defense	4.30%	32.1%
Information and communication	4.10%	27.3%
Financial and insurance	3.20%	32.2%
Education	8.70%	8.5%
Arts and Entertainment	2.90%	22.3%
Other services	2.70%	18.6%
Real estate	1.70%	28.2%
Water, sewage, and waste management	0.60%	62.6%
Agriculture, forestry, and fishing	1.10%	18.7%
Electricity and gas supply	0.40%	31.8%
Mining and quarrying	0.20%	23.1%
Domestic personnel and self-subsistence	0.30%	8.1%
Total/Average for all sectors	100%	30%

AI in the sales and marketing stats(ai statistics)

80% of companies are expected to use some form of AI by 2024 for marketing automation

AI-powered CRM systems can increase their sales by 20% rapidly.

.AI reduces 50% of new customer cost

Ai drive content creation tools by 50% by 2026

55% of companies using AI for their marketing

Ai improved sales forecasting by 40%

72% of sales teams use AI to improve their lead-scoring

Ai In manufacturing and business stats

In manufacturing, AI is expedited to grow at a CAGR of 41.2% and reach $16.7 billion  by 2027

50% of all manufacturers will have invested in AI by the end of 2024.

AI-driven automation increases productivity in manufacturing  by 30$

AI in Retail Stats

By 2025,86% of retailers plan to adopt AI for their supply chain.

AI-driven personalized recommendations could increase the profile of 15% of retailers  globally

By 2025, 50% of manufacturing tasks could be automated by Ai

AI reduces Machine Downtime by 20%

Ai will improve supply chain efficiency by 45%

35% of manufacturing has a drive system. 

42% of manufacturers believe it is perfect to reduce energy consumption. 

75% of manufacturers will increase their competitive advantage by 2025

AI in Autonomous Vehicles Stats 2024

By 2030, the Autonomous vehicles market is expected to reach $60 billion by the powering of AI technology

Expecting AI will be the core technology of 10% of vehicles by 2025

By 2040, AI is projected to reduce traffic accidents

AI in Education Stats

The AI benefits in education are significantly growing in 2020 the worth was $3.6 billion and then expected to reach $20 billion by 2027

By 2025, 47% of learning management tools will be incorporated. 

30% of the time will reduce the master subject time of need

For personalized learning, 60% of education institutions are using AI

By 25%, AI can increase student engagement. 

By 2025, 45% of content will be ai generated

55% of schools plan to implement AI tutorials for their learning by 2025

70% of teachers believe AI will enhance their systems and improve their teaching profession.

Ai can reduce teaching education costs by 20% since 2025

AI in Customer Service

By 2024, It’s expedited so happened that 80% of customer interactions operated by AI

AI drives chatbots that reduce the cost of customer responsiveness and save businesses by over $8 billion annually by 2024

85% of customer executives expect AI can improve customer satisfaction by 85%

Energy and Utilities states of AI usage

AI in the energy sector is expected to reach by 2026 probably $11 billion

Ai could optimize energy consumption and save $5 billion annually in the utility industry in recent times. 

AI in Agriculture statistics

AI is projected to grow in Agriculture at a CAGR of 23.3%, reaching $4.5 billion by 2026

Globally 25% of farming will involved in AI-driven technologies by 2025

30% reduces water usage in agriculture

Data Privacy in Ai driven technology

Data Privacy violations will involve 50% by ai generated content by 2025

78% of enterprises will be concerned about AI-generated content by 2025

By 2024, 60% of enterprises will adopt AI for data protection

Entertainment Ai stats

In the entertainment market, AQI-driven technology is expected to reach $ 18.5 billion by 2026

By 2025, 70% of content creation processes will involve

IN 2024, AI-driven personalization streaming services could increase user engagement by 35%

Ethics of AI statistics

By 2025, 68% of organizations plan to invest in AI ethics training

62% of consumers are wary of investing in a bias

50% of AI professionals will work on ethical AI by 2025

AI in the supply chain

The AI-driven supply chain expectedly growing and it will reach $12.6 billion by 2027

Ai can reduce supply chain efforts by 30%

By 2025, 75% of AI supply chain leads will use it in their supply chain

Ai in HR and Recruitment

By 2024, 100% of job applications of large organizations screening AI

65% of recruiter believe that AI can make their job efficient.

AI in Cybersecurity

AI will prevent 85% of cybersecurity threats by 2025

For Endpoint security-driven AI by 62%

20% of global cybercrime will losses by2025

By 2025 50% of data breaches will involve AI content

73% of cybersecurity professionals believe that AI will impact the industry

AI is projected to increase in cybersecurity from $10 billion in 2021 and then $38 billion by 2026.

69% of organizations believe AI is necessary to respond to cybersecurity threats

57% of businesses used AI/ML technology to improve customer experience by 2021

ML enables computers to predict the patterns and optimize the process. Computer speech recognizes the capability of a smartphone and enables geotag video content.

Use case stats	2020	2021	Changes
Generating customer insights	37%	50%	13%
Improving customer experience	34%	57%	23%
Retaining customers	29%	31%	2%
Interacting with customers	28%	48%	20%
Recommender systems	27%	27%	0%
Detecting fraud	27%	46%	19%
Reducing customer churn	26%	22%	4%
Acquiring new customers	26%	34%	8%
Increasing customer loyalty	20%	40%	20%
Increasing long-term customer engagement	19%	44%	25%
Building brand awareness	14%	31%	17%
Other	15%	1%	14%

Business Owners and AI

Business owners with AI 

Business owners in the front desk of AI adoption, making decisions that will make a bright company’s future. 

• Over 50% of companies interested in incorporating AI technologies
• 35% of all companies worldwide report using AI
• 77% of companies are either using the use of AI.
• 43% of businesses are concerned about technology

Source of information: Authority Hacker, IBM, NewVantage Partners, Gartner, PwC, MIT Sloan Management, Statista, Forbes, Accenture, McKinsey, Tractica, Harvard Business Review, Flexis, Google