Artificial intelligence (AI) is a rapidly growing field with the potential to revolutionize many aspects of our lives, from how we work to how we travel and communicate. According to the latest artificial intelligence statistics, the global AI market is also an economic powerhouse, worth almost $455bn.
To understand the varying ways AI affects our lives today and the potential economic impacts, the AIPRM team has compiled an AI statistics report with the latest facts and stats from 2023 and beyond. We will share statistics on market size and how businesses are using AI to improve the customer experience and save money, as well as provide a glimpse of what the future might hold for us in a world of AI.
Top 10 AI statistics
As of 2023, the global AI market size is worth an estimated $454.12bn.
The North American AI market is the largest in the world, with a 36.84% market share.
At a growth rate of 19% per year, the AI market value could be more than $2,500bn by 2032.
The U.S. government spent $3.28bn on AI investment in 2022.
The most common use of AI in business is for customer service (56%).
AI is predicted to contribute a 21% net increase to the U.S. GDP by 2030.
More than half (56%) of Americans regularly interact with AI.
In 2023, the most popular type of AI job in the U.S. was Data Engineer, accounting for almost a quarter (23.8%) of all AI-related jobs.
As of 2023, the median average salary for an entry-level AI job in the U.S. was $105,092, compared to $195,787 for an executive-level position.
More than three-quarters (79%) of SME owners surveyed by Microsoft wanted to learn more about the benefits of AI in the workplace and how it could apply to their company.