đź“ŠTop AI Statistics 2024 Roundup. Listen at AI Unraveled: Latest AI News & Trends, GPT, Gemini, Generative AI, LLMs, Prompt, AI Bedtime Stories on Apple Podcasts
The global AI market is valued at over $196 billion. AI industry value is projected to increase by over 13x over the next 7 years. The US AI market is forecast to reach $299.64 billion by 2026. The AI market is expanding at a CAGR of 38.1% between 2022 to 2030. By 2025, as many as 97 million people will work in the AI space. AI market size is expected to grow by at least 120% year-over-year. 83% of companies claim that AI is a top priority in their business plans. Netflix makes $1 billion annually from automated personalized recommendations. 48% of businesses use some form of AI to utilize big data effectively. 38% of medical…