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150+ Artificial Intelligence Statistics You Need to Know in 2024 – Who is Using It & How?

150+ Artificial Intelligence Statistics You Need to Know in 2024 – Who is Using It & How?

Artificial intelligence is fast encroaching upon every area of our lives, and it seems like there’s no stopping it. This technology is proving particularly game-changing in the world of business, where it’s enabling data-driven decision-making, automation, and improved customer experiences.

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 2023. Keep reading for fascinating insights on who is using AI, how they are using it, and how it’s impacting the workplace.

Artificial Intelligence Statistics Highlights
The global AI market is expected to reach a value of $1.35 trillion by 2030.
By 2030, the growth in AI technology has the potential to contribute $15.7 trillion to the global economy.
It’s estimated that ChatGPT costs at least $700,000 per day to run.
Over 4 million AI-generated images are produced per day using Dall-E.
57% of Americans are looking forward to AI technology replacing household chores.
AI Growth Statistics
The field of artificial intelligence has witnessed remarkable growth in recent years, and this growth in AI stats underlines its unprecedented expansion.

From chatbots to generative AI and image generators, the proliferation of AI technologies across various industries has propelled transformative advancements and unleashed a wave of innovation.

The AI market is already worth $136.55 billion, according to Grand View Research.

Their report predicts a CAGR of 37.3% from 2023 to 2030.

A global AI forecast from Marketsandmarkets predicts a slightly lower CAGR of 36.8%. According to this report, the AI market will be worth $1.35 trillion by 2030. Meanwhile, another report from Presedence Research predicts a more modest value of $962 billion by 2030, increasing rapidly to $1.87 trillion by 2032.

The AI wearable market is expected to be worth $180 billion worldwide by 2025, Global Market Insights has found.

The AI in the social media market is expected to reach $12 billion by 2031, representing a CAGR of 28.7% from 2022 to 2031, according to Allied Market Research.

91% of leading organizations are investing in AI activities.

Around the same number say that their investment in data and AI activities is increasing year-on-year. This is according to the NewVantage Partners Annual Survey of 2022. 92% of companies are already achieving returns on these investments.

The global AI adoption rate was 35% in 2022, up 4 percentage points from the previous year, IBM reports.

ChatGPT launched in November 2022, and within five days, over one million users had signed up for the service.

The only service that has beaten this user signup rate is the new social network Threads, which took just 1 hour to reach 1 million users, Statista reports.

97% of business owners believe that ChatGPT will positively affect their business operations, a Forbes study revealed.

The latest statistics from OpenAI, the creators of AI image generator Dall-E as well as ChatGPT, show that it has over 3 million active users generating more than 4 million images per day.

 

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