Dedicated AI companies in the UK, those that specialize only in AI and no other product, aquired the greater part of their revenue through product sales and manufacture. Barely 21 percent of them engaged in services. This is in contrast to diversified AI companies, those companies that count AI among many other wares. In their case products still accounted for the majority of revenue and services were similar in distribution to dedicated companies. However, infrastructure generated more than four times the revenue of diversified AI companies compared to dedicated companies.
Distribution of artificial intelligence (AI) company revenues in the UK in 2022, by product or service
Characteristic
Dedicated
Diversified
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Source defines dedicated companies as: "business that whose operation is primarily focused on AI"
Source definse diversified companies as: "business who count AI among a broader and diverse range of products"
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Perspective Economics. (March 23, 2023). Distribution of artificial intelligence (AI) company revenues in the UK in 2022, by product or service [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1407036/ai-company-revenue-by-product-uk/
Perspective Economics. "Distribution of artificial intelligence (AI) company revenues in the UK in 2022, by product or service." Chart. March 23, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1407036/ai-company-revenue-by-product-uk/
Perspective Economics. (2023). Distribution of artificial intelligence (AI) company revenues in the UK in 2022, by product or service. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1407036/ai-company-revenue-by-product-uk/
Perspective Economics. "Distribution of Artificial Intelligence (Ai) Company Revenues in The Uk in 2022, by Product or Service." Statista, Statista Inc., 23 Mar 2023, https://www.statista.com/statistics/1407036/ai-company-revenue-by-product-uk/
Perspective Economics, Distribution of artificial intelligence (AI) company revenues in the UK in 2022, by product or service Statista, https://www.statista.com/statistics/1407036/ai-company-revenue-by-product-uk/ (last visited August 25, 2024)
Distribution of artificial intelligence (AI) company revenues in the UK in 2022, by product or service [Graph], Perspective Economics, March 23, 2023. [Online]. Available: https://www.statista.com/statistics/1407036/ai-company-revenue-by-product-uk/