Here are the main AI statistics we’ll cover in this article. You can use the quick links below to jump to the topic of your choice.
AI Market Size: Statistics on Its Explosive Growth
First, we will look at the impressive growth of the global artificial intelligence market Top Artificial Intelligence. These statistics will show you how important this market is today.
1. The global AI market is expected to grow to a staggering $184 billion by the end of the year.
This is a 35% increase over the previous year, which was about $135 billion Top Artificial Intelligence.
To understand the magnitude of this, imagine buy phone number list dividing $184 billion by the number of days in a year. That’s about $500 million spent on AI every day.
What does this mean for you? For small business owners , this means that more and more AI tools will be available to help you automate tasks and save costs. You want to start mastering these platforms to gain a competitive advantage and deliver more value to your customers.
Tip: Need some AI plugin recommendations? Check out our list of the best WordPress plugins that use artificial intelligence .
2. In the United States, AI-related investments are expected to contribute 4% to GDP.
Let’s put this growth statistic into perspective Top Artificial Intelligence. With a U.S. GDP of about $25 trillion, 4% is a significant $1 trillion per year.
For context, the United States spends how to hide a story from everyone in ınstagram about $1.2 trillion on Social Security, which is roughly 5% of GDP . This means that investments in AI could reach levels similar to those of a major government program.
3. The release of ChatGPT led to a 58% increase in funding for AI startups.
In total, they were able to secure $754 in funding.
This surge could lead to a wave of new AI-powered services hitting the market soon. That means you’ll want to be ready for new AI-driven solutions america email list that could disrupt your industry. Stay informed about emerging AI trends so you can adapt and leverage them for your business.
For example, digital marketers are using AI to boost their lead generation efforts . It’s also becoming much more common to reduce graphic design costs by using AI to generate images .