Generative artificial intelligence (AI) could generate significant value when deployed across industries, according to 63 use cases analyzed in 2023. Based on these use cases, the high tech sector could have the highest profits through the use of generative AI. On an annual basis, generative AI could add between 4.8 percent and 9.3 percent of the total industry revenue in the high tech sector. The banking sector could also see significant contributions through generative AI, with 2.8 percent to 4.7 percent of the total industry revenue generated through various use cases.
Potential impact of generative artificial intelligence (AI) as a percentage of industry revenues worldwide in 2023, by industry
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McKinsey & Company. (July 6, 2023). Potential impact of generative artificial intelligence (AI) as a percentage of industry revenues worldwide in 2023, by industry [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1012325/worldwide-artificial-intelligence-impact-as-percentage-industry-revenue/
McKinsey & Company. "Potential impact of generative artificial intelligence (AI) as a percentage of industry revenues worldwide in 2023, by industry." Chart. July 6, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1012325/worldwide-artificial-intelligence-impact-as-percentage-industry-revenue/
McKinsey & Company. (2023). Potential impact of generative artificial intelligence (AI) as a percentage of industry revenues worldwide in 2023, by industry. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1012325/worldwide-artificial-intelligence-impact-as-percentage-industry-revenue/
McKinsey & Company. "Potential Impact of Generative Artificial Intelligence (Ai) as a Percentage of Industry Revenues Worldwide in 2023, by Industry." Statista, Statista Inc., 6 Jul 2023, https://www.statista.com/statistics/1012325/worldwide-artificial-intelligence-impact-as-percentage-industry-revenue/
McKinsey & Company, Potential impact of generative artificial intelligence (AI) as a percentage of industry revenues worldwide in 2023, by industry Statista, https://www.statista.com/statistics/1012325/worldwide-artificial-intelligence-impact-as-percentage-industry-revenue/ (last visited December 03, 2024)
Potential impact of generative artificial intelligence (AI) as a percentage of industry revenues worldwide in 2023, by industry [Graph], McKinsey & Company, July 6, 2023. [Online]. Available: https://www.statista.com/statistics/1012325/worldwide-artificial-intelligence-impact-as-percentage-industry-revenue/