According to Stocklytics.com, the number of AI tools users will topple over the 500 million mark by 2027, highlighting the heightened demand for these tools on account of expediting productivity and enhancing digitalization.
Financial analyst Edith Reads from the site remarks:
The anticipated surge in the AI market is hardly surprising, considering that AI-based tools are now integrated into nearly every major sector of the economy, spanning finance, healthcare, and communication services. The projected increase in users indicates that the AI industry is expanding at a rate exceeding expectations and will play a crucial role in enhancing productivity and reducing errors, thereby streamlining tasks.
In 2023, the AI market surged ahead, boasting over 250 million users, setting a dynamic pace for the years ahead. The number of users will be over 700 million in a decade, hinting at fast-paced AI adoption globally. The full story and statistics can be found here: Number of Artificial Intelligence Tools Users to Surpass the 500M Mark by 2027