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How Many AI Companies Are There? (2023)

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AI in 2023: A Deep Dive into the World of Artificial Intelligence

In recent years, the integration of AI technology has become increasingly common across various industries. This article explores the current landscape of AI companies, their global presence, and the statistics that define this rapidly evolving field.

Number of AI Companies in 2023

According to the latest available data, there are 57,933 artificial intelligence companies.

A substantial portion of these AI companies and startups call the United States their home. In fact, there are approximately 14,700 AI companies in the US, representing over a quarter of the global total. The number of AI companies in the US has more than doubled since 2017.

AI Companies By Region

China has the highest rate of AI deployment (58%), closely followed by India (57%)

These figures significantly surpass the global average of 34%. As of 2022, the US lags behind with a comparatively low AI deployment rate of 25%.

Let's take a closer look at how different regions compare in terms of their AI adoption rates:

Proportion Exploring in AI

Source: IBM

Proportion Deploying in AI

Source: IBM

How Many Companies Use AI?

Recent data suggests that over one-third (35%) of companies use AI.

This means that approximately 116.67 million companies worldwide have adopted AI to some extent. Moreover, 42% of companies, which amounts to 140 million, are actively exploring the integration of AI into their operations.

Countries Ranked By AI Capacity

According to the fourth iteration of the Global AI Index (published June 2023), the US has the highest AI capacity.

The US scores top marks in AI talent, infrastructure, research, development, and commercial viability. Here's a breakdown of the top 10 countries by AI capacity scores:

Top 10 Countries by AI Capacity Scores

Source: Tortoise Media

AI Startup Acquisitions By Year

AI startup acquisitions reached a 13-year peak in 2019 with 242 acquisitions.

Between 2010 and 2019, AI acquisitions increased year-over-year. However, the numbers have decreased since then, falling below the 2015 total of 48 acquisitions to just 47 in 2022.

Let's take a closer look at the number of AI startup acquisitions since 2010:

Number of Acquisitions

Source: CB Insights, AIM Research

Global AI Funding

AI funding has grown by over 7x since 2015, reaching $93.5 billion in 2021.

The progression of AI funding over recent years highlights the industry's significant growth:

AI Funding Progression

Source: Stanford University

Global AI Revenue

Global AI revenue has more than doubled from $95.6 billion in 2021 to approximately $207.9 billion in 2023.

This remarkable growth is projected to continue, with global AI revenue estimated to exceed $1.8 trillion by 2030.

Here's a projection of global AI revenue:

Global AI Revenue Projection

Source: Next Move Strategy Consulting

AI Market Key Players

Baidu is the largest patent owner with 13,993 patent families registered.

This figure has more than doubled since 2020, when Baidu had 5,885 patent families. Other notable companies with significant patent holdings include Tencent (13,187) and State Grid Corp (11,555).

Here's a glimpse of the top companies by AI patents:

Top Companies by AI Patents

Source: LexisNexis PatentSight

Conclusion

The data presented here provides a comprehensive overview of the increasing prevalence of AI across various industries. As we look ahead, the number

of AI companies is poised to continue its upward trajectory. If you found this information intriguing, be sure to explore our other AI-related content, including "7 Top AI Trends," "40 Growing AI Companies & Startups," and "AI Market Size Statistics."

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