The 19 Most Amazing Statistics About Artificial Intelligence for 2022






The 19 Most Amazing Statistics About Artificial Intelligence for 2022 It is not unexpected that we have developed improvements that change our perspective on life as both humans and technology continue to develop and interact.

Get ready, then! You’re about to learn some astounding statistics regarding artificial intelligence that will probably alter the way you view the world.

Discover how much AI is already a part of our daily lives and what the future holds by continuing to scroll!

The 19 Most Amazing Statistics About Artificial Intelligence for 2022

Ten Most Impressive AI Numbers and Facts

Contents

  • The Artificial Intelligence market was estimated to be worth over $35 billion by 2020.
  • 75% of CEOs think their businesses will collapse if AI isn’t implemented.
  • Seven percent of jobs will be lost to AI automation.
  • A third of users are interested in utilising a chatbot for instantaneous service.
  • With its intelligent recommendation system, Netflix earns $1 billion annually.
  • Sixty percent of all instances of AI use in healthcare were motivated by the need to improve quality.
  • By 2025, the market for wearable AI is projected to be worth $180 billion.
  • Email spam is reduced by 99.9 percent using AI-based filtering.
  • Instagram uses artificial intelligence to combat spam among the 70 million photographs published every day.
  • One hundred million Instagram photographs were used in a research project that looked at the human condition.

Data on the International Market for AI

The 19 Most Amazing Statistics About Artificial Intelligence for 2022 This introduction will cover the types of countries investing in AI technology, the motivations behind those investments, and the total value of the AI market.

1.Revenue from the worldwide AI market in 2022 is projected to be $432.8 billion, according to market research.

(Source: Business Standard)

The sales of software, hardware, and other AI services will generate these numbers. In addition, by 2023, the market is expected to reach $500 billion, according to the International Data Corporation.

2.By 2030, the artificial intelligence market will account for 26.1% of global GDP.

(Source: PWC)

The 19 Most Amazing Statistics About Artificial Intelligence for 2022 Globally, no area will be immune to the changes brought about by artificial intelligence. However, the United States and China will benefit economically the most from it. In the United States, this figure will be 15.5%.

3.The size of the artificial intelligence market was over $35 billion in 2020.

(Source: Fortune Business Insights)

Some estimates predict a compound annual growth rate (CAGR) of 33.6% for the market from 2021 to 2028 as a result of the increasing number of businesses implementing various forms of artificial intelligence.

Thus, this developing market is anticipated to grow from its value of $47 billion in 2021 to $360 billion in 2028.

4.A third of users (37%), in fact, would turn to a chatbot for instant help.

(Source: Drift)

The 19 Most Amazing Statistics About Artificial Intelligence for 2022 Predictions about the future of AI suggest that the market will expand, and that chatbots will become a popular way for customers to obtain information and assistance. One survey found that 35% of respondents said they would contact a bot if they had a complaint or problem.

Computer-Originated Viral Infection Detection and Artificial Intelligence

Certain sectors have been encouraged by COVID-19 to embrace AI. Which industries are making this shift, and how they’ve made it, will be discussed further below.

5.COVID-19 contributed to the 31.9% expansion of the AI market in 2020.

(Source: Fortune Business Insights)

The medical industry could benefit from the precision that artificial intelligence could deliver. The US, for instance, monitored COVID symptoms using data collected from wearable AI devices.

According to AI data, the field of drug research is another area where AI has been helpful, as laboratories have used this technology to better identify the potential compounds to target against the virus.

The 19 Most Amazing Statistics About Artificial Intelligence for 2022

6.introducing AI in healthcare was mostly motivated by quality assurance concerns in 60% of situations.

(Source: Statista)

The use of AI in the healthcare and pharmaceutical industries is primarily for quality assurance, according to recent studies. The second most common justification was related to providing assistance to customers (44%), followed by monitoring and diagnostics (42%).

7.A website in April of the year 2020 used artificial intelligence to forecast cases of COVID-19, fatalities, and recovery times.

(Source: Covid19-projections)

Youyang Gu, an independent data scientist, has released a website called Covid19-projections.com to make predictions about future network throughput. After its release, it quickly gained notoriety as a leading source of AI forecasts.

American AI Stats

Here we’ll look at some of the ways that AI is changing American culture.

8. The United States will spend more than $1 billion on artificial intelligence in 2020.

(Source: Market and Markets)

Recent developments in AI have highlighted the importance of facilitating rapid deployment. China’s “Lead the world in AI by 2030” programme launched in 2017 and marked the beginning of this technological upheaval.

As of August of 2020, the United States had spent over $1 billion on artificial intelligence and quantum information science research labs. In 2021, Canada and the UK invested $518 million and $27.5 million, respectively.

9.By 2025, 9 out of every 100 American jobs will be automated.

(Source: Forrester)

While AI has the potential to simplify some tasks, it also has the potential to increase the unemployment rate. Some estimates predict that by 2025, AI will have replaced 16% of the American workforce, while others predict that it will have added 9% to the labour force.

10 Currently, four out of six areas of artificial intelligence are led by the United States.

(Source: Data Innovation)

The United States dominates in the areas of innovation (development, research, talent, and hardware) and market share (adoption, data), while China is close behind. However, data on the development of AI suggests that China may quickly close the gap.

11 .This year, the Pentagon will invest $874 million in artificial intelligence-related technologies.

(Source: Militaryaerospace.com)

The aforementioned sum is drawn from the United States Department of Defense’s (DOD) S&T research budget of $2.3 billion. Increased command and control, logistics, and computing efficiencies will result from these newly allocated funds for artificial intelligence.

Synopsis of Data on Wearable AI

Smartwatches and other wrist-worn AI devices can track vital signs and alert users to incoming calls and texts. However, how large is the market for wearable AI devices, and how quickly do you anticipate it expanding? Read on to discover the answer!

12.By 2025, the artificial intelligence market for wearables is projected to be worth $180 billion.

(Source: Global Market Insights)

It is anticipated that developments in AI, such as consumers’ increasing interest in health and fitness, will drive the expansion of this market over the next few years. In addition, the variety of affordable devices available is likely to increase demand.

13.This year, Singapore teamed up with Fitbit to give its citizens free activity trackers.

(Source: Global Market Insights)

The purpose of these free AI fitness trackers was to get people motivated to exercise more as part of a larger initiative. More than that, governments around the world are in favour of using wearable technology to encourage healthy habits and combat the worldwide increase in health problems.

14.For the period of 2016–20, analysts predicted a 20% CAGR for the Latin American wearable AI market share.

(Source: Global Market Insights)

As a matter of fact, in 2018 alone, Brazil sold around 240 million AI-powered wearable devices. Growth in consumer electronics sales in this region is forecast to increase the CAGR to over 20% between 2016 and 2025.

The Intersection of Social Media and Artificial Intelligence

How and why do specific social media platforms employ AI technology? Is there evidence that using this technology on these sites improves their usability? Read on for more data on AI from our extensive database.

15.To sum up, spam filters powered by AI are 99.9% effective.

(Source: Emerj)

No one enjoys getting those strange emails from people claiming a relative has passed away and you’ve inherited their money. Since emails were originally designed for business and social networking, it stands to reason that these are the types of messages most commonly sent and received. Fortunately, AI research suggests that these constantly improving filters can be used to effectively mitigate spam.

16.Over 20 languages are supported by Facebook’s translation and understanding tools.

(Source: Marketing AI institute)

In 2021, Facebook will have a deep learning engine that can understand the platform’s text with near human accuracy, according to statistics on artificial intelligence.

17.Instagram uses AI to weed out fake accounts among the 70 million photos uploaded every day.

(Source: Bernard Marr)

Instagram’s extensive use of AI is evidenced by the 2022 facts about AI. In most cases, the photographs that appear on your “Explore” page will be related to the tags you’ve used or the images you’ve liked.

Furthermore, Instagram uses AI to filter out spam in nine different languages.

18.An analysis of 100 million Instagram photographs was utilised to learn more about the human condition.

(Source: Bernard Marr)

Can you recall when Instagram changed the feed’s order from backwards-chronological to a more random presentation of posts? They did it with the help of AI by displaying to you the pictures they deemed most pertinent to your interests.

Conclusion

The advancement of technology has undoubtedly influenced many facets of society. Artificial intelligence technology has expanded to permeate nearly every facet of modern life. It’s in our living rooms, study halls, and offices; some of us even carry it around in our pockets.

What incredible technologies will we have developed by 2030 thanks to the use of AI?