AI Growth Statistics: The Transformative Impact of Artificial Intelligence

AI Growth Statistics: The Transformative Impact of Artificial Intelligence

Artificial Intelligence — Fri., May. 3, 2024

As businesses demand innovative technology, AI integration is growing at a fast pace. It streamlines operations, improves productivity, and provides insights.

A promising technology, AI has significantly grown in the past few years with an undeniable impact on businesses worldwide. The global AI market is projected to reach $407 billion by 2027.

AI adoption is rapidly expanding across sectors, with 56% of businesses using it for operations and 51% for cybersecurity. It also revolutionizes business functions, with 40% using it for inventory management.

... continue reading below
Sign up for free to read the full article.
Enter your email address to continue reading

AI Growth Statistics: The Transformative Impact of Artificial Intelligence

Don't worry ... it's FREE!

Already a member? Sign in now.

Related Articles

AI in Marketing: Three Strategic Steps CMOs Should Take Now

AI in Marketing: Three Strategic Steps CMOs Should Take Now

CMOs are exploring AI's potential with both excitement and uncertainty; they need clear steps to move forward strategically. These three initial key steps will help integrate AI into marketing. Read more.

AI Update, February 14, 2025: AI News and Views From the Past Week

AI Update, February 14, 2025: AI News and Views From the Past Week

Catch up on select AI news and developments from the past week or so. Stay in the know.

How Generative AI Is Actually Benefiting Enterprise Companies

How Generative AI Is Actually Benefiting Enterprise Companies

Are the benefits being delivered by generative AI to enterprise companies in line with the benefits they really want from the technology? Deloitte surveyed 2,773 business leaders to find out.

AI Update, February 7, 2025: AI News and Views From the Past Week

AI Update, February 7, 2025: AI News and Views From the Past Week

Catch up on select AI news and developments from the past week or so. Stay in the know.

How Concerned Are Americans About AI?

How Concerned Are Americans About AI?

More than one-third of Americans are concerned that artificial intelligence may cause the end of the human race on Earth, according to YouGov research.

AI Update, January 31, 2025: AI News and Views From the Past Week

AI Update, January 31, 2025: AI News and Views From the Past Week

Catch up on select AI news and developments from the past week or so. Stay in the know.

Subscribe to the MarketingProfs Today newsletter