The size of the AI market in the UK is expected to stand at just over four-point-five billion GBP in 2024. The market, following the UK's strong funding and innovation towards AI, is expected to grow beyond 20 billion GBP by the end of the decade in 2030.
Size of the artificial intelligence (AI) market in the United Kingdom from 2020 to 2030
(in billion British pound)
Data provided by Statista Market Insights are estimates.
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). Size of the artificial intelligence (AI) market in the United Kingdom from 2020 to 2030 (in billion British pound) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/forecasts/1461495/ai-market-size-uk
Statista. "Size of the artificial intelligence (AI) market in the United Kingdom from 2020 to 2030 (in billion British pound)." Chart. April 15, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/forecasts/1461495/ai-market-size-uk
Statista. (2024). Size of the artificial intelligence (AI) market in the United Kingdom from 2020 to 2030 (in billion British pound). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/forecasts/1461495/ai-market-size-uk
Statista. "Size of The Artificial Intelligence (Ai) Market in The United Kingdom from 2020 to 2030 (in Billion British Pound)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/forecasts/1461495/ai-market-size-uk
Statista, Size of the artificial intelligence (AI) market in the United Kingdom from 2020 to 2030 (in billion British pound) Statista, https://www.statista.com/forecasts/1461495/ai-market-size-uk (last visited October 06, 2024)
Size of the artificial intelligence (AI) market in the United Kingdom from 2020 to 2030 (in billion British pound) [Graph], Statista, April 15, 2024. [Online]. Available: https://www.statista.com/forecasts/1461495/ai-market-size-uk