Generative AI Market – Global Statistics
In our previous article on the Generative AI Market – Global, we delved into the exciting world of generative artificial intelligence, exploring its market size, potential growth, top companies, applications, and tools, as well as market dynamics and segmentation.
Building upon that comprehensive foundation, we now shift our focus to the Generative AI Market – Global Statistics.
In this article, we will dive deeper into the numbers, unveiling key statistical insights and trends that shed light on the current state and future prospects of the generative AI market on a global scale.
Primary Focus of Generative AI Initiatives
In a recent survey conducted by Gartner, it was noticed that according to various executives, the primary use of Generative AI was mainly for Customer Experience/ Retention (38%), followed by Revenue Growth (26%), and Cost Optimization.
Synthetically Generation of Outbound Marketing Messages
According to Gartner, it is expected that by 2025 around 30% of outbound marketing messages from large companies will be synthetically generated through Generative AI.
In 2022, the synthetically generation of such messages was ~2%.
Generative AI Adoption in Industries
In a recent survey in 2022, conducted among professionals in the US, it was noticed that around 37% of the marketing and advertising industry adopted to use generative AI.
This was followed by industries – Technology (~35%), Consulting (~30%), and others.
Generative AI Adoption in the Workplace By Generation
During a survey conducted in 2022, among professionals, it was noticed that around 29% of the respondents belonged to Gen Z, those who have been using generative AI.
While Gen X (28%) and Millennials (27%) used generative AI in the workplace.
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Data Sources: Gartner, eweek, TechTarget, and other sources.
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