Spending on artificial intelligence (AI) varied greatly across industries in 2023, with the banking and retail industries delivering the largest AI investments in 2023. Worldwide spending on AI-centric systems was estimated at 154 billion U.S. dollars in 2023 across all industries. The banking sector's investments amounted to 20.6 billion U.S. dollars, the highest across the observed industries. It was followed by retail, with an investment value of 19.7 billion U.S. dollars. The financial sector's investments into AI are forecast to grow significantly between 2024 and 2027.
Estimated worldwide spending on artificial intelligence (AI)-centric systems in 2023, by industry
(in billion U.S. dollars)
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IDC, & Statista. (January 19, 2024). Estimated worldwide spending on artificial intelligence (AI)-centric systems in 2023, by industry (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1446052/worldwide-spending-on-ai-by-industry/
IDC, und Statista. "Estimated worldwide spending on artificial intelligence (AI)-centric systems in 2023, by industry (in billion U.S. dollars)." Chart. January 19, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1446052/worldwide-spending-on-ai-by-industry/
IDC, Statista. (2024). Estimated worldwide spending on artificial intelligence (AI)-centric systems in 2023, by industry (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1446052/worldwide-spending-on-ai-by-industry/
IDC, and Statista. "Estimated Worldwide Spending on Artificial Intelligence (Ai)-centric Systems in 2023, by Industry (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1446052/worldwide-spending-on-ai-by-industry/
IDC & Statista, Estimated worldwide spending on artificial intelligence (AI)-centric systems in 2023, by industry (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1446052/worldwide-spending-on-ai-by-industry/ (last visited December 30, 2024)
Estimated worldwide spending on artificial intelligence (AI)-centric systems in 2023, by industry (in billion U.S. dollars) [Graph], IDC, & Statista, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1446052/worldwide-spending-on-ai-by-industry/
