Generative AI Statistics By Industry, Sector, Revenue and Facts 2024

Generative AI Statistics By Industry, Sector, Revenue and Facts 2024

Generative AI Predictions
By Gartner

As per Gartner’s forecast, by 2025, generative AI will replace 20% of procedural code professionals’ work.
In addition, large organizations will synthetically create 30% of outbound marketing messages by 2025.
By 2025, 90% of material in quarterly reports and 20% of test data from consumer-facing use cases will be synthetically generated.
Legislation mandating watermarking of AI-generated artifacts will be passed by the European Union in 2024.
Half of the drug development will be conducted by generative AI by 2025.
To enhance product development efficiency, 30% of manufacturers will utilize generative AI by 2027.

The breakdown chart illustrates generative AI Use cases categorized by industry as of 2023.

Generative AI Statistics By The Adoption Rate
By Industries

In 2023, generative AI Statistics segmented by industry-wise adoption rates reveal marketing and advertising at 37%.
Technology and Consulting sectors are embracing generative AI at 35% and 30% respectively.
Education and accounting sectors exhibit adoption rates of 19% and 16% respectively, while healthcare lags at 15% in 2023.

By Generation

The highest generative AI adoption rate in the United States of America as of 2023 is in Gen Z, resulting in 29%.
Conversely, the adoption rate in Gen X is 28%, with a slight difference, while in millennials it stands at 27%.

Generative AI-based Startups By Sector As Of 2023


(Source: Dealroom.co)

Character.ai, Convai Technologies, Inworld AI, Ready Player Me, Charisma.ai, Pinscreen, Didimo, Rct Studio, DeepMotion


(Source: Dealroom.co)

Luma AI, DGG, Mirage, Kaedim, Hypothetic, Agentic, Magic 3d, Hexa, Promethean AI, Common Sense Machines, In3D

The list of Generative AI-based Startups includes SmartWriter, WRITESONIC, Writer, Wordtune, CopyMoney.ai, Sudowrite, Omneky, Anyword, Copysmith, Jasper AI, HyperWriter, Regies, Compose, Copy.ai, Rytr, Text Cortex AI, Letterdrop, Hypotenuse, Bertha AI, Mentum, Pepper, Contents, Deepset, Cohere, AI21, Write with LAIK, Novus Technology, Digital First AI, YouMakr, Deepset, Go Moonbeam, Subtxt, Frase, Adflow, and Symbl.

The Generative AI-based Startups related to customer relations and other assistants are Kaizan, Oliv AI, OnLoop, Creatext, Labelf AI, Lavender, Outplay, Contentda, Mutiny, Cohere, Twain, LabelfAI, Clickable, Jamie, Cogram, and Forethought.

A personal AI assistant is depicted in the image with the source being Dealroom.co.The startups related to generative AI based on legal aspects are Patentpal, Darrow, and Casetext.

For text research and knowledge in generative AI startups, the list includes Andi, Perplexity AI, Metaphor System, EdgeTier, qBurst, Viable, Mem, Ambersearch, Glean, and Fermat.

In the realm of B2B generative AI integration, the notable startups are Selas Studio, Illumix, and Humanloop.

Code generation startups comprise Enzyme, The Dotcom, Yurts AI, Debuild, MutableAI, Warp, Repl.it, Diffblue, TabNine, and Pygma.

Displaying a list of innovative startups in various categories:

1. Alphadoc 2. Codiga 3. Moderne 4. Smartly.ai 5. Mintlify 6. Drafter AI 7. QuickChat 8. Stenography and 9. Codiga.

Here are more creative startups leveraging generative AI:

1. Elai 2. Wombo.ai 3. Munch 4. Synthesia 5. Colossyan 6. Rephrase.ai 7. RunwayML 8. Phenaki 9. Fliki 10. Tavus 11. Youai and 12. Hour One AI

Exploring startups focusing on AI-based audio generation:

1. Krotos 2. Beatoven.ai 3. AiMi 4. Aiva Technologies 5. Endel 6. Loudly 7. Soundful 8. Musico 9. Mubert 10. Soundraw and 11. Boomy.

Discovering startups specializing in image generation technology:

1. Artbreeder 2. Astria AI 3. PlaygroundAI 4. DiffusionBee 5. Kive 6. Stability.ai 7. Rosebud AI 8. Midjourney 9. CraIyon and 10. KREA.

1. Adept AI 2.DeepMind 3. LightOn 4. Anthropic 5.OpenAI 6. Aleph Alpha 7. Inflection AI 8. GoodAI 9. NNAISENSE and 10. Aleph Alpha

1. Altered Ltd 2. Amai 3.Descript 4. Replica Studios 5. Play.ht 6. Resemble AI 7. WellSaid Labs 8. HeiTech Ltd 9. Coqui and 10. Voicemod.

1. TailorBird 2. Aitister 3. Botika 4. Diagram 5. Vizcom and 6. Ulzard.

1. Enzyme 2.

The following AI technologies are leading the future: Dotcom 3, Yurts AI, AI2SQL, Debuild, MutableAI, Warp, Diffblue, Machinet, Repl.it, GitHub, TabNine, and Pygma.

Generative AI Statistics By Interest

Increasing on a scale of 100 index points, the popularity of generative AI reflects the early stage of 2023.
Prior to September 2022, the popularity score only rose from 2 to 8, surpassing 20 in October 2022.
Since that time, generative AI’s popularity has not dropped below 20.
By February 12, 2023, the popularity score of generative AI hit 100 and has remained steady since.

Conclusion

The captivating Generative AI Statistics reveal the evolving world and advancing technology. Elon Musk’s call to harness and enhance technology, lest it outpaces us, rings true. Additionally, Gartner’s forecasts may materialize if technology supersedes human capabilities. Ultimately, despite differing opinions, humans are the architects of this digitalized world.

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Sources

What is the growth rate of the Global Generative AI Market?

By the year 2030, the projected growth rate of the Global Generative AI Market is 34.6% reaching $109,370 million.

Which are some top players in Global Generative AI Market?

Companies such as Amazon Web Services, IBM, Microsoft, Google LLC, Adobe, Genie AI Ltd, Synthesia, D-ID, and Mostly AI Ince are some of the top players in the global generative AI Market.

What are some concerns about generative AI?

Generative AI possess threats to data privacy concerns, ethical issues, control problems, security issues, and pseudo-image generation. These are only identified problems and every day researchers are coming to know about new issues of such technology.

Which is the best AI-generated game ever?

Minecraft is one of the best AI-based games ever.

 

 
Thank you for reading this article titled: Generative AI Statistics By Industry, Sector, Revenue and Facts

Data is from 2023 and 2024 and forecast data is for 2025 and 2026. We also expand the forecast data to 2027 and 2028.

 

* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.

Post Title: Generative AI Statistics By Industry, Sector, Revenue and Facts
Last Updated: September 9, 2024

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Publish date : 2024-09-14 23:05:00

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