Are you an AI user looking to stay ahead of the curve with the latest statistics and trends in the industry?
Dive deep into the top 57 AI statistics for 2024 and gain valuable insights that will help you make informed decisions and strategies for your AI projects. All the AI stats enlisted in this blog are from renowned and reliable sources.
Stay informed, stay competitive, and take your AI knowledge to the next level with this comprehensive guide to the latest AI statistics.
Top 57 AI Statistics for 2024
We have organized the statistics in different categories and presented them in form of questions that you may ask. Let's jump in!
Category 1: Artificial Intelligence Usage Statistics
Artificial intelligence in business isn't new. Businesses have used AI technologies to reduce costs and raise productivity for years.
However, the recent growth of generative AI models like ChatGPT increases the use of AI in business. AI is everywhere in every aspect, regardless of whether it's a chatbot or a mobile phone personal assistant. It is widely used each day.
According to a report from PEGA, 77% of users use an application or device powered by AI, however, most don't know they use it just 33% of users believe they are using AI.
How many companies use AI?
AI is the fastest-growing resource for companies across industries. Here, we'll see the percentage of campanies using AI in their operations.
According to the IBM AI Global Adoption Index:
1. 35% of businesses use AI globally and 42% are reported to explore AI to use it in their company.
2. About 42% of enterprise-scale companies surveyed actively deploy AI in their business.
3. An additional 40% are exploring or experimenting with AI but have not deployed their models.
4. 59% of those companies surveyed already exploring or deploying AI say they have accelerated their rollout or investments in the technology.
5. The top barriers preventing deployment include limited AI skills and expertise (33%), too much data complexity (25%), and ethical concerns (23%).
Related Read: Best AI Use Cases in Everyday Life
Based on the Forbes Advisor survey
6. Over 60% of business owners believe AI will increase productivity, with 64% stating that AI would improve business productivity.
Related Read: Best AI Tools for Productivity
7. 97% of business owners believe ChatGPT will help their business.
According to Statista Forecast
8. By 2024, the global AI market will be over $184 billion.
Image source: Statista
9. By 2030, the market is expected to reach almost $2 trillion.
10. On average, businesses can expect a 6% to 10% revenue increase from adopting AI.
11. China had the highest rate of adopting artificial intelligence (AI) globally which is 30% exploration and 58% deployment.
How is artificial intelligence used in today's world?
Artificial Intelligence (AI) is widely used in different fields in today's world. Based on Forbes Advisor study the following businesses use AI.
12. 56% of companies are using AI to increase and boost business operations.
13. 51% of people rely on AI for benefits in the areas of cybersecurity and management.
14. 47% of people harness AI devices in the shape of personal digital assistants.
15. 46% of respondents are using AI to benefit from customer relations management.
16. 40% of people are switching towards AI to manage inventory.
17. 35% of them are using AI to aid in material production.
18. 33% of people use AI to make product recommendations.
19. 30% are turning to AI to assist with accounting and Supply Chain operations.
20. 26% of people harness the power of AI in recruitment and sourcing.
21. 24% of them are with AI to segment their audience.
AI is used in different sectors to leverage the business. If you want to know how AI works, find out more about how does AI work.
Category 2: AI Statistics on Job and Employment
Will AI replace human jobs?
22. Based on the research of MITRE, 52% of working U.S. adults are concerned AI could replace their jobs.
23. According to a report by investment bank Goldman Sachs, AI helps to automate some human tasks and roles. Its application will replace almost 300 million full-time jobs globally by 2030.
24. The World Economic Forum report estimated that 85 million jobs could be threatened by AI in 2025; at that same time, an additional 97 million employment opportunities may appear.
Image Source: McKinsey Global Institute
25. According to McKinsey Global Institute research, up to 375 million people which is about 14% of the world's working population may need to change jobs by 2030 due to automation or AI.
26. According to Forrester's research, AI and ML are predicted to take over 16% of US jobs within less than 50 years across all US sectors.
27. OpenAI says, About 80% or more U.S. workers could have at minimum 10 percent of their jobs affected by Generative AI. 19% of employees could have more than 50% of their work impacted.
28. According to Statista, Data management jobs are expected to be the most affected due to AI. Nearly 90 percent of positions that deal with data and 80% of positions for data collection will be automated as a result of generative AI. A minimum of 20% of the enterprise employees need to be reskilled.
29. A survey by Tech Co. found that 47% of businesses consider using AI over hiring new employees.
30. Stanford University's AI Index did a study that showed AI can do some jobs better than humans but not all of them.
It looks like Artificial Intelligence has so many advantages that can impact the job sector. You can learn more about the benefits of Artificial Intelligence.
Category 3: Artificial Intelligence Growth Statistics
What is the success rate of AI?
The success rate of AI is continually improving at a rapid pace. This rise in AI statistics is evidence of its remarkable growth. AI technology like chatbots, generative AI, or Image generators has led to transformative advances and unleashed a flood of creativity.
31. Based on Statista’s report, the generative AI market was worth $44.89 billion around the world and $16.19 billion in the United States in 2023.
32. According to Influencer Marketing Hub, about 100 million people were using ChatGPT in January 2023, about two months after it was released. Since then, ChatGPT has grown at a rate never seen by any application app.
33. According to a report by Nature, the success rate of artificial intelligence tools has seen a meteoric rise, surpassing humans in basic tasks. The progress in AI development is described as shocking by many experts.
34. CompTIA highlights that the global AI market is projected to reach $407 billion by 2027, with a compound annual growth rate of 36.2% from 2022. This growth indicates the success and adoption of AI technologies across industries.
35. Based on Statista's report, the global AI market is predicted to surpass $1 trillion in 2028. This is a growth rate of 40% every year between 2023 and 2028.
36. As per Forbes Advisor, AI is anticipated to have an annual rate of 37.3 percent from 2023 until 2030, transforming various industries.
37. Based on Statista’s report AI has the potential to boost labor productivity growth over the next decade by 1.5 percentage points.
Category 4: AI in Marketing Statistics
38. According to Statista’s report, when it comes to internet marketing, almost 80% of marketers use AI in some way. Because by 2028, AI in marketing is estimated to value more than 107.5 billion dollars.
39. Based on an IBM study, AI is used by 23% of marketing workers at their company and 29% of marketing companies use AI’s natural language processing application.
40. According to Influencer Marketing Hub, 44% of marketers use AI to make content.
41. According to Statista’s report, 32% of marketers around the world use AI and AI marketing automation tools to personalize email messages and deals and run paid ads.
Category 5: Statistics on AI Website Builders
42. Future Market Insights predicts that the global market for AI website builders will grow by an amazing 31.1% each year. By the end of 2023, the Global AI Website Builder Market is expected to have brought in $5.1 billion in sales.
43. More than half of company owners believed that websites created by AI website builders were created by humans, according to an intriguing opinion post published by Digital Information World (DIW).
44. In an interview with Digital Information World (DIW), Many company owners revealed that 67.39% would rather use an AI website builder to create a wbsite with AI than start from scratch.
45. As per Future Market Insights, the Codeless Testing Market will grow at a rate of 15.6% per year and reach $8.6 billion in value by 2033.
Category 6: AI Statistics in Education
What percent of students use AI?
46. According to GovTech, ChatGPT is used by one-third of high school kids in the US.
47. A survey by Best Colleges found that 43% of college students in the US say they use AI tools like Chat GPT for studying.
48. According to Science Daily, AI-generated content appears in over 11% of college and school papers worldwide.
Related Read: Best Free AI Content Generators
49. Based on an Intelligent.com survey 90% of students who used ChatGPT for study find it better than using a tutor.
50. According to Global Market Insights, The market for AI in education is expected to grow to $20 billion by 2027.
51. According to Forbes, By 2024, AI will be built into almost half of all learning management systems.
Related Read: Best Online Course Platforms
Category 7: AI Statistics in Healthcare
52. A survey by Tebra found that 10% of healthcare workers in the US use generative AI tools like Med-PaLM 2 or ChatGPT.
53. According to Staista’s report, the market for AI in healthcare will reach $187.95 billion by 2030.
54. According to Harvard Business Review, AI has the potential to save $16 billion by reducing medication dosing errors.
55. A study by the University of British Columbia found that AI models can accurately guess that 80% of cancer patients will survive.
56. According to NIHR and the British Heart Foundation, Compared to humans, AI can rule out the possibility of a heart attack twice as quickly.
57. A study by Sheffield University found that an AI tool called CognoSpeak can detect the early signs of dementia with 90% accuracy.
What is the Future of AI?
The future of AI is bright and will impact industries like education, healthcare, finance, and jobs, improving capabilities like personalized learning, medical diagnosis, financial planning, and accelerating productivity.
The impact of AI on our daily lives will only grow as technology advances. We must do our part to ensure that artificial intelligence is properly utilized for the benefit of society rather than ill. Consequently, artificial intelligence's (AI) future is full of mystery, but it also promises to revolutionize technology and make our lives better in countless ways.
Final Thoughts
What do all of these numbers about AI tell us?
As you look through these top 57 AI Statistics of 2024, it's clear that AI has a huge impact on our lives though AI has limitations. AI has changed everything from business environments and job markets to how people learn and behave as consumers.
There are worries that people will lose their jobs, but research shows that technology will create more businesses and jobs than it destroys.
