How enterprises use AI

  • 40%AI technologies can boost productivity through data collection, automation, decision-making, and cybersecurity
  • 38%the potential increase in enterprise profitability
AI Market Report: How Enterprises Use AI
This AI market research report by S-PRO analyzes key trends in enterprise adoption of AI technologies, industry developments, market opportunities and challenges, and future outlook for AI adoption.

Key findings and insights from the report

  • The global enterprise AI market was valued at $7.02 billion in 2022 and is anticipated to increase to $270.06 billion by 2032, with a CAGR of 44.1% from 2023 to 2032.
  • Demand for AI professionals significantly surpasses supply, making enterprises find a balance between hiring and reskilling the workforce.
  • AI will disrupt over 300 million jobs worldwide during the next five years, automating routine and non-routine prediction and decision-making tasks, augmenting some fields, and creating new occupational titles.
  • Ethical considerations for responsible AI implementation become paramount as the number of newly reported AI incidents and controversies was 26 times higher in 2021 than in 2012.
AI Market Report: How Enterprises Use AI

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