The use of artificial intelligence in business is nothing new: companies have been leveraging AI technology to reduce costs and improve efficiency for years.
However, the recent boom in the generative AI market has made AI a mainstream business technology, specifically, large-scale language models (LLMs) such as ChatGPT and Midjourney are helping to drive AI adoption rates.
With this in mind, we'll cover the following:
Companies using AI statistics (Top Picks)
- 35% Companies around the world are using AI.
- about half of businesses plan to incorporate AI into their business processes this year.
- China has the highest AI adoption rate (approx. 58% Corporate
- The global AI market $1.85 It will reach a trillion dollars by 2030.
- Large companies 2 times They are more likely to use AI than small and medium-sized businesses.
What percentage of companies will be using AI in 2024?
According to the latest data, 35% Companies around the world report using AI in their business.
Notably, 42% of companies report that they are considering using AI internally. 50% of businesses plan to adopt AI technologies in 2024.
That means more than 77% of businesses are using or considering using AI.
There is 333.34 million Companies around the world, that is 250 million Companies are leveraging and exploring AI in their business operations.
In 2017, 20% of companies are incorporating AI into their products and operations. 72% Percentage of companies who believe AI will impact their business 5 years.
Let’s take a closer look at the percentage of companies using AI in at least one business function since 2017.
| Year | Percentage of companies |
| 2017 | 20% |
| 2018 | 47% |
| 2019 | 58% |
| 2020 | 50% |
| 2021 | 56% |
| 2022 | 50% |
Over the past five years, AI usage has plateaued and stabilized after a surge in 2017-2018, but is likely to increase rapidly once data for 2023 becomes available.
688 New AI startups launched in Q1 2022. In Q1 2023, 269 An AI startup has launched. 69% decrease Compared to last year.
but, 300% increase A small bootstrapped AI product launching in Q1 2023.
Another figure that is expected to grow is the total number of jobs in the AI industry. By 2023, 83% AI startup Number of employees: 10.
sauce: McKinsey, IBM, Forbes, ThoughtList
Activities and implementation data
As AI technology evolves, companies are looking for new ways to incorporate it into their operations. Currently, the most common use of AI is in customer service. 56% of business owners are using AI in their customer service operations.
The most common ways businesses are using AI include:
| # | Business Function | share |
| 1 | customer service | 56% |
| 2 | Cybersecurity and fraud prevention | 51% |
| 3 | Digital Assistant | 47% |
| Four | Customer Relationship Management | 46% |
| Five | Inventory control | 40% |
| 6 | Content Creation | 35% |
| 7 | Product Recommendations | 33% |
| =8 | accounting | 30% |
| =8 | Supply Chain Operations | 30% |
| Ten | Recruitment | 26% |
sauce: Forbes
Global AI Adoption by Region
As of 2024, China leads the world in the comprehensive adoption of AI in business. 58% Businesses are adopting AI.
India is the next largest; 57% Canada ranks second in the percentage of companies adopting AI, 48%.
Surprisingly, the United States has the lowest rate of AI adoption. twenty five% Companies using AI.
Below is a complete breakdown of global enterprise AI adoption rates:
| Country | AI adoption rate | AI Exploration Rate |
| China | 58% | 30% |
| India | 57% | 27% |
| Canada | 48% | 28% |
| Italy | 42% | 41% |
| Singapore | 39% | 46% |
| United Arab Emirates | 38% | 40% |
| global | 35% | 42% |
| Germany | 34% | 44% |
| France | 31% | 44% |
| Spain | 31% | 45% |
| Latin America (region) | 29% | 43% |
| England | 26% | 47% |
| America | twenty five% | 43% |
| Australia | twenty four% | 44% |
| South Korea | twenty two% | 46% |
sauce: IBM
AI Adoption Statistics and Market Growth Forecast
The AI market is $1.85 It will reach a trillion dollars by 2030.
Overall, the AI field 37.3% From CAGR From 2024 to 2030.
Large companies 2 times are more likely to adopt AI technologies in their businesses than small and medium-sized enterprises. By 2021, this figure will 69%.
actual, 50% Percentage of U.S. companies with 5,000 or more employees that currently use AI. This figure is 60% For businesses with 10,000 or more employees.
Overall, the majority of companies using AI are large organizations. 42% Companies with over 1,000 employees are using AI.
sauce: Forbes, Next Move Strategy Consulting, MIT Sloan, IBM
The future of AI in business
Artificial intelligence will dramatically improve business efficiency. According to data in 2024, AI will save employees hours of work. 2.5 hours per day On average.
Business owners are also using AI to cut costs. 28% One business leader is using AI to reduce costs for his company.
There is likely to be a booming job market in the future for employees with AI skills. 66% of business owners and executives are already hiring employees to implement new AI or leverage existing AI processes.
sauce: HubSpot
Conclusion
The AI market is growing rapidly, and the percentage of companies using AI continues to increase accordingly.
Enterprise spending on AI tools and overall AI adoption will continue to increase as companies look to reduce costs and increase productivity.
If you're interested in learning more about the future of AI, check out our related articles “AI market size” and “Top trends in AI.”
