The AI market in the UK is expected to grow at 34 percent in 2024. From then it will be slowing to just over 23 percent by the end of the decade in 2030. The UK's focus and support for AI projects is expected to be a considerable factor on the market growth of AI.
Growth of the artificial intelligence (AI) market in the United Kingdom from 2021 to 2030
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Definition: Artificial intelligence (AI) is a branch of computer science that focuses on creating machines able to perform tasks traditionally requiring human intelligence, such as perception, reasoning, and learning. The Artificial Intelligence (AI) market includes a wide range of applications, such as speech recognition, image processing, and autonomous vehicles and has seen rapid growth in recent years due to advancements in technology and increased investment. The Artificial Intelligence (AI) market includes software, hardware, and services that enable organizations to develop and deploy AI applications.
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Statista. (April 15, 2024). Growth of the artificial intelligence (AI) market in the United Kingdom from 2021 to 2030 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/forecasts/1461496/ai-market-growth-uk
Statista. "Growth of the artificial intelligence (AI) market in the United Kingdom from 2021 to 2030." Chart. April 15, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/forecasts/1461496/ai-market-growth-uk
Statista. (2024). Growth of the artificial intelligence (AI) market in the United Kingdom from 2021 to 2030. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/forecasts/1461496/ai-market-growth-uk
Statista. "Growth of The Artificial Intelligence (Ai) Market in The United Kingdom from 2021 to 2030." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/forecasts/1461496/ai-market-growth-uk
Statista, Growth of the artificial intelligence (AI) market in the United Kingdom from 2021 to 2030 Statista, https://www.statista.com/forecasts/1461496/ai-market-growth-uk (last visited July 23, 2024)
Growth of the artificial intelligence (AI) market in the United Kingdom from 2021 to 2030 [Graph], Statista, April 15, 2024. [Online]. Available: https://www.statista.com/forecasts/1461496/ai-market-growth-uk