The survey shows that artificial intelligence (AI) and machine learning (ML) company budgets are growing across all industries with 83 percent of companies increasing their budgets in 2020 compared to 2019.
Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets from FY 2018 to 2020
individuals with a level of insight into the machine learning efforts of their companies across a random sampling of industries and machine learning maturity levels
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Algorithmia. (December 10, 2020). Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets from FY 2018 to 2020 [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1111275/change-in-ai-ml-budgets/
Algorithmia. "Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets from FY 2018 to 2020." Chart. December 10, 2020. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1111275/change-in-ai-ml-budgets/
Algorithmia. (2020). Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets from FY 2018 to 2020. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1111275/change-in-ai-ml-budgets/
Algorithmia. "Change in Ai/Ml (Artificial Intelligence/Machine Learning) Company Budgets from Fy 2018 to 2020." Statista, Statista Inc., 10 Dec 2020, https://www.statista.com/statistics/1111275/change-in-ai-ml-budgets/
Algorithmia, Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets from FY 2018 to 2020 Statista, https://www.statista.com/statistics/1111275/change-in-ai-ml-budgets/ (last visited September 19, 2024)
Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets from FY 2018 to 2020 [Graph], Algorithmia, December 10, 2020. [Online]. Available: https://www.statista.com/statistics/1111275/change-in-ai-ml-budgets/