Artificial Intelligence Statistics 2024

Explore 69 Fascinating Points on
AI Statistics for 2024!

With the increase in automation in different industries worldwide and the race to stay ahead in competition, AI adoption has become a norm in 2024. Today, over a third of businesses worldwide use AI in different business operations.

China has the highest adoption of AI, while the United States has a slightly lower adoption. The United States’ AI market size is expected to reach $106.5 billion in 2024.

Let’s explore further facts and figures about the Artificial intelligence industry worldwide, the AI industry in the United States, the adoption of AI by businesses and in different industries, AI usage statistics and its impact on jobs worldwide, and more in this article.

Artificial Intelligence Statistics 2024: Editor’s Pick

Discover top AI statistics of 2024, curated insights and trends shaping the future of technology.

$305.9 Billion

AI market size worldwide is estimated to reach $305.9 billion in 2024.

$106.5 Billion

The AI Market in the United States is estimated to reach $106.5 billion in 2024.

34%

of the business-related
tasks today are automated.

$97 Million

people are expected to work
in the AI space by 2025.

83%

of the businesses stated
that AI is their top priority in creating business plans.

$20.64 Billion

The Banking Industry is
estimated to spend $20.64
billion on AI-centric systems.

55%

of the residents in the
United States stated that they
regularly use AI.

77%

of the currently used
devices include some form
of AI.

Global AI Industry Statistics

  1. AI market size is estimated to reach $305.9 billion in 2024. 

In 2023, the size of the AI Market was recorded to be $241.8 billion, and the market is estimated to grow by 26.51% in 2024. 

Further, the AI Market Size is expected to reach $738.7 billion by the end of 2030. 

AI Market Size Over The Years

Here is a table displaying the AI Market Size over the years. 

YearAI Market Size
2020$108.4 billion
2021$227.6 billion
2022$134.8 billion
2023$241.8 billion
2024*$305.9 billion
2025*$370.2 billion
2026*$445.9 billion
2027*$511.3 billion
2028*$584.8 billion
2029*$659.5 billion
2030*$738.7 billion

*-Projected values 

  1. Generative AI Market Size is estimated to reach $66.62 billion in 2024. 

That will be an estimated increase of 48.41% compared to the market size of $44.89 billion recorded in 2023. 

Further, the generative AI market is estimated to reach $206.95 billion by 2030, an overall increase of 361.01% between 2023 and 2030. 

Generative-AI-Market-Size-Over-The-Years

The following table displays the generative AI market size over the years: 

YearGenerative AI Market Size 
2020$5.67 billion
2021$11.25 billion
2022$23.17 billion
2023$44.89 billion
2024*$66.62 billion
2025*$88.35 billion
2026*$110.07 billion
2027*$131.8 billion
2028*$156.85 billion
2029*$181.9 billion
2030*$206.95 billion

*- Projected Values 

  1. In 2024, the machine-learning market size is expected to reach $204.33 billion. 

The Machine learning market was recorded to be valued at $158.78 billion in 2023. The market is estimated to increase by nearly $46 billion in 2024, reaching a market size of $204.33 billion in 2024.

Further, by the end of 2030, the machine-learning market is projected to reach a value of $528.1 billion. 

Machine-Learning-Market-Size-Over-The-Years

The following table displays the machine learning market size over the years.

YearMachine Learning Market Size
202059.27 billion
2021134.54 billion
202272.17 billion
2023158.78 billion
2024*204.33 billion
2025*249.87 billion
2026*307.22 billion
2027*354.59 billion
2028*409.99 billion
2029*466.6 billion
2030*528.1 billion

*- projected values

  1. The market size of computer vision is estimated to reach $50.97 billion by 2030.

Comparatively, in 2023, the market size of computer vision was recorded to be $22.27 billion in 2023 and is anticipated to reach $26.26 billion in 2024. 

Further, the market is expected to witness an overall growth of $15.23 billion between the years 2024 and 2030.

Market-Size-Of-Computer-Vision-Worldwide-Over-The-Years

Here are further details about the market size of computer vision worldwide over the years. 

YearMarket size of computer vision worldwide 
202013.83 billion
202128.94 billion
202218.28 billion
202322.27 billion
2024*26.26 billion
2025*30.26 billion
2026*34.25 billion
2027*38.24 billion
2028*42.58 billion
2029*46.82 billion
2030*50.97 billion

*-projected Values

  1. Artificial Intelligence robotics market was valued at $15.04 billion in 2023. 

The market is estimated to grow by 26.39% in 2024 and reach $19.01 billion in 2024. Additionally, the AI robotics market is projected to reach 36.78 billion by the end of 2030. 

Market-Value-Of-Artificial-Intelligence-AI-Robotics

The following table displays the market value of artificial intelligence (AI) robotics over the years. 

Year Artificial intelligence (AI) robot market
20204.83 billion
20216.43 billion
20229.39 billion
202315.04 billion
2024*19.01 billion
2025*23.07 billion
2026*26.88 billion
2027*30.22 billion
2028*32.98 billion
2029*35.19 billion
2030*36.78 billion

*projected Values

Source: StatistaStatista, Statista

AI Industry in the United States

  1. The AI Market in the United States is estimated to reach $106.5 billion in 2024.

In 2023, the market was valued at $87.18 billion in 2023 and is anticipated to grow by 22.16% in 2024. 

Further, the market is expected to grow by 71.96% and reach $237.09 billion in 2023. 

AI-Market-Size-In-The-United-States-Over-The-Years

Here is a table displaying the AI market size in the United States over the years. 

YearAI Market Size in the United States 
2020$45.22 billion 
2021$89.22 billion
2022$53.1 billion
2023$87.18 billion
2024*$106.5 billion
2025*$125.84 billion
2026*$149.07 billion
2027*$168.84 billion
2028*$190.82 billion
2029*$213.23 billion
2030*$237.09 billion

*- Projected Values

  1. The market size of generative AI in the United States was $16.14 billion in 2023.

Further, the market is predicted to grow by $7 billion in 2024 and reach $23.2 billion. 

The generative AI market size in the United States is projected to grow by 307.13% between 2023 and 2030 and reach $65.71 billion. 

Generative-Ai-Market-Size-In-The-United-States-Over-The-Years

The following table displays the market size of generative AI over the years. 

YearGenerative AI Market Size in the United States
2020$2.32 billion 
2021$4.41 billion
2022$9.08 billion
2023$16.14 billion
2024*$23.2 billion
2025*$30.25 billion
2026*$37.31 billion
2027*$44.37 billion
2028*$51.48 billion
2029*$58.6 billion
2030*$65.71 billion

*- Projected Values

  1. The machine-learning market in the United States is expected to reach $170.2 billion in 2030.

Besides, in 2023, the machine-learning market in the United States was valued at $56.75 billion and is estimated to reach $70.63 billion in 2024.

Machine-Learning-Market-In-The-United-States

The following table displays further details about the machine learning market in the United States. 

YearMachine Learning market in the United States 
2020$24.72 billion
2021$52.73 billion
2022$28.29 billion
2023$56.75 billion
2024*$70.63 billion
2025*$84.51 billion
2026*$102.33 billion
2027*$116.76 billion
2028*$133.82 billion
2029*$151.24 billion
2030*$170.2 billion

*- Projected Values 

Source: Statista, Statista, Statista. 

AI Adoption Statistics

  1. 55% of the residents in the United States stated that they regularly use AI, and 44% stated that they do not regularly use AI. 
  2. 87% of organizations worldwide stated that they use AI to gain an edge over competitors. That is an increase of 12% compared to the previous year. 
  3. 35% of companies use AI. 
  4. 9 in 20 people use AI to respond to people through text or emails. 

The most common uses of AI are answering texts or emails, answering financial questions, and making travel plans. 

Here are further details about the ways people use AI:

  • Respond to people via text/email: 45%
  • Plan travel itinerary: 38%
  • Answer financial questions: 43%
  • Craft an email: 31%
  • Write a social media post: 25%
  • Prepare for a job interview: 30%
  • Write a social media post: 25%
  • Summarize complex or long copy: 19%
  1. Machines perform 34% of the business-related tasks in an organization. 
  2. The labor productivity increases by 1.5% with the adoption of AI. 
  3. 99% of the Fortune 500 companies have adopted AI. 
  4. AI technologies have the capability to automate tasks that consume 60% to 70% of the worker’s day. 
  5. 9 in 10 leading businesses invest in AI.
  6. China has the highest AI adoption rate, with 58% of the country’s companies having deployed AI and 30% considering integration. 
  7. The United States has a lower adoption rate, with just 25% of companies using AI and 43% exploring its usage. 
  8. Approximately 8 in 10 US workers have noticed at least 10% of their work getting affected by generative AI. Meanwhile, 19% of the workforce stated that their work is affected by AI. 
  9. Due to AI adoption, 20% of the enterprise employees must be reskilled. 
  10. 88% of businesses stated that they feel the need to increase automation to meet consumer expectations and stay competitive. 

Source: MIT Sloan Management, Hostinger, World Economic Forum

AI Adoption by Industry

  1. The Banking Industry is estimated to spend $20.64 billion on AI-centric systems. 

Worldwide spending on AI-centric systems is estimated to be $154 billion across all industries, with the banking industry having the highest spending. 

At the same time, the Retail industry is estimated to have spent $19.71 billion worldwide on AI-centric systems in 2023. 

AI-centric-System-Spending-Worldwide

 Here is a table displaying the estimated spending of different industries on AI-centric systems worldwide. 

IndustryAI-centric system spending worldwide
Banking$20.64 billion
Retail$19.71 billion
Professional Services$16.02 billion
Discrete manufacturing$14.63 billion
Process manufacturing$10.93 billion
Other$71.92 billion
  1. The banking sector’s share of spending in AI-centric systems accounts for 13.4%. 

At the same time, professional services have invested 10.4%, while the process manufacturing sector has invested 7.1% in AI-centric systems. 

AI-Centric-System-Spending-Share-Worldwide

The following table displays the share of different sectors in AI-centric system expenditure worldwide. 

IndustryAI-centric system spending share worldwide
Banking13.4%
Retail12.8%
Professional Services10.4%
Discrete manufacturing9.5%
Process manufacturing7.1%
Other46.7%
  1. 52% of the telephone companies reported using using chatbots. 
  2. 72% of the telephone companies that use AI believe that AI simplifies their work. 
  3. 8 in 10 retail executives said they plan to adopt AI by 2025.
  4.  In 2023, over one-third of the people working in the advertising and marketing industry in the United States used AI at work.
  5. 44% of businesses use AI to generate content.
  6. 75.7% of digital marketers prefer using AI at work, and 69% actively use ChatGPT.
  7. 65.8% of the people stated that AI content is equal to or better than human-written content. 
  8. Education and workforce training and STEM professionals are expected to witness a 16% increase in automation between 2023 and 2030. 

These industries are expected to witness the highest increase in automation compared to others. The second-highest automation is expected to be witnessed in the creative and arts management industry. 

Expected-Increase-In-Automation-In-Different-Industries-Between-2023-2030

Here is a table displaying the expected increase in automation in different industries between 2023 and 2030. 

Industry Increase in automation between 2023 and 2030
Education and workforce training16%
STEM professionals16%
Creatives and arts management15%
Business and legal professionals14%
Managers9%
Community services9%
All sectors8%
Office support7%
Property maintenance6%
Builders6%
Customer service and sales6%
Health professionals6%
Transportation services5%
Mechanical installation and repair5%
Food services5%
Production work4%
Health aides, technicians, and wellness4%
Agriculture3%
  1. 9 in 10 marketers are confident in learning, understanding the working, and adapting the usage of new AI tools. 
  2. 26% of the B2B marketers that used chatbots witnessed a 10% to 20% increase in lead generation volumes. 
  3. 43% of marketers in the United States witnessed that Chatbots helped them educate consumers. 
  4. Nearly 3 in 2 marketers believe that AI is set to revolutionize the digital marketing industry. 
  5. 7 in 10 consumers expect chatbots to reply within 5 minutes of asking their query. 

Source: Statista, Statista, Authority hacker, Semrush. 

AI Usage Statistics 

  1. 55% of the organizations stated that they have some to little expertise in generative AI. 

At the same time, just 9% of global organizations stated that they have very high expertise in generative AI, and 35% of the organizations stated that they have no expertise in the usage of generative AI. 

Conversely, just 1% of global organizations stated that they have no expertise in using generative AI. 

  1. 77% of the currently used devices include some form of AI.
  2. 64% of business owners believe that AI will boost the productivity of their employees. 
  3. 40% of the organizations are planning to implement AI. 
  1. 64% of people in the United States said that they are comfortable using AI for entertainment recommendations, while 50% are comfortable with the facial recognition technology on their personal devices. 

The following table displays the percentage of people in the United States who are comfortable using artificial intelligence in different fields in the United States as of 2023 and 2022. 

Daily tasks 20232022
Entertainment recommendations on streaming services (e.g., movies and TV series I might like)64%72%
Target advertising on social media48%51%
Autonomous, unmanned ride-share vehicles such as Uber or Lyft36%35%
Online chat with an automated doctor for routine health questions43%49%
Federal government benefits processing (e.g., social security, Medicare, veterans’ benefits)42%49%
Facial recognition technology on my phone or other personal devices50%57%
  1. 1 in 10 cars are predicted to be self-driving by the end of 2030. 
  2. Around 50% of mobile users use voice search every day. 
  3. 25% of companies have adopted AI due to labor shortage. 
  4. In 2023, 53% of businesses used AI to improve the production process in the United States. At the same time, 52% of businesses used AI to perform search engine optimization tasks like keyword research. 
Usage-Of-Artificial-Intelligence-In-Internal-Business-Processes

Here is a table displaying the usage of artificial intelligence in internal business processes. 

Internal business process Percentage of businesses 
Improve production processes53%
Search engine optimization tasks (i.e. keyword research)52%
Process automation51%
Internal communications, plans, presentations, and reports46%
Aggregate business data40%
Idea generation38%
Minimize safety risks38%
Write code31%
Write website copy29%

Source: Statista, Authority Hacker, Forbes, Open AI, Statista, Mailchimp, Influencer marketing hub, Statista

Impact of AI Adoption on Jobs

  1. 52% of United States employees stated that they are worried that AI may replace their jobs. 
  2. Most legal occupations, accounting for 78% of the occupations in the United States, are influenced by generative AI.
  3. 47% of businesses have started to consider the usage of AI over hiring new employees. 
  4. By the end of 2024, 1 in 3 businesses could replace employees with AI.
  5. 32.9% of the businesses have already started replacing employees with businesses. 
  6. Over 8 in 10 digital marketers stated that AI may replace content writers. 
  7. AI is likely to eliminate 85 million jobs by 2025. However, it will also create 97 million new jobs, resulting in a net gain of 12 million jobs. 
  8. With the adoption of AI, 375 million employees may have to change their careers. 
  9. Nearly 9 in 20 businesses are planning to reduce their workforce due to the integration of AI technologies into their business. 
  10. By 2030, 1 in 10 nursing tasks are expected to be automated. 
  11. GenZ was most concerned that AI tools like Chatgpt may replace their jobs, whereas less than 4 in 10 Boomers were concerned that AI may replace their jobs. 
Percentage-Of-People-From-Different-Generations-In-The-US-Who-Are-Concerned-About-Losing-Their-Jobs

Here is a table displaying the percentage of people from different generations in the United States who are concerned about losing their jobs. 

Generation Percentage of people 
Gen Z62%
Millennials58%
Gen X51%
Boomers38%

Source: Authority hacker, EIT HealthMcKinsey&CompanyWorld Economic Forum, Mitre, Statista

Views of Consumers on AI Adoption

  1. 67% of the people use ChatGPT instead of Google. 
  2. 75% of customers are comfortable with chatbots handling routine customer service tasks, and 33% of consumers are okay with chatbots managing complex inquiries. 
  3. Nearly 2 in 5 consumers worldwide prefer to use chatbots. 
  4. 8 in 10 consumers prefer to use chatbots for tasks like checking account balances and booking appointments.
  5. More than 3 in 5 business owners stated that AI adoption is likely to boost customer relationships. 
  6. Only 39% of the consumers stated that they trust AI to be safe and secure. 
  7. 8 in 10 adults in the United States are worried that cyber attackers may use AI for cyber crimes, whereas 78% of the adults in the country are concerned that AI may be used for identity theft. 
  8. 78% of business leaders believe that the benefits of AI adoption are significantly higher than the risks of adoption. 
  9. 56% of the companies stated that one of the biggest risks of adopting generative AI is ‘inaccuracy.’ Still, only 32% of the companies have adopted the system to take care to such risks.
  1. 39% of the enterprises in the United States stated that achieving measurable value from adopting new technologies is a major challenge. On the other hand, 37% of the enterprises stated that the cost of adopting new technologies is a significant challenge for them. 

Here is a table displaying the challenges enterprises face in technology adoption. 

Challenge Significant challengeSomewhat of a challenge 
Achieving measurable value from adopting new technologies39%49%
Changing our operating model to support our new vision37%48%
Cost of adopting new technology37%47%
Training existing talent on new technology28%56%
Striking the right balance between short-term cost-cutting and investing to drive growth34%49%
Poor succession plan32%47%
Employees fear that new technology will make their jobs obsolete25%49%
Company culture is not conducive to innovation29%45%
Difficulty changing where we do business26%46%
  1. 22% of the executives stated that one of their primary concerns about generative AI Adoption is data privacy. 
  2. According to 82% of business leaders, it’s okay to use AI tools when responding to colleagues. 

Source: Authority hacker, Mitre, GartnerStatista, Delloite, Tech.co

Conclusion: Over Half OF US Residents Regularly Use AI

Today, the usage of AI has become a major part of the professional as well as personal lives of people worldwide.  

Over 19 in 20 Fortune 500 businesses have adopted AI, and AI adoption is also seen in nearly half of companies’ operations worldwide. 

On the other hand, nearly 4 in 5 devices worldwide use some type of artificial intelligence, which is mainly seen in smart speakers, voice assistants, etc. 

Hence, with the increased usage of AI, its market size is expected to be $305.9 billion by the end of 2024.