Industrial Goods » Electronics » Artificial Intelligence (AI) worldwide | Global spending on automation and AI business operations 2016-2021

Spending on automation and AI business operations worldwide 2016-2021, by segment

Robotic/intelligent process automation (RPA/IPA) and artificial intelligence (AI) automation spending worldwide from 2016 to 2021, by segment (Figures expressed in billions of U.S. dollars, unless otherwise specified)

The data displays the global spending on automation and artificial intelligence business operations in 2016 and a forecast from 2017 to 2021. It is estimated that, in 2018, 7.5 billion USD will be spent on intelligent process automation. In this context, artificial intelligence is autonomous decision-making by a system or systems designed to simulate human thought processes. The process involves self-learning systems improved through data mining, pattern recognition, and natural language processing.

2016 0.3 4.8 0.7
2017 0.4 6.2 1.1
2018 0.6 7.5 1.6
2019 0.8 8.9 2
2020 1 10.2 2.4
2021 1.2 11.5 2.7