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Artificial intelligence and process automation spending worldwide 2016-2021

Total automation and artificial intelligence (AI) operations expenditure worldwide from 2016 to 2021 (Figures expressed in billions of U.S. dollars, unless otherwise specified)

The data displays a forecast of spending on robotic process, intelligent process, and artificial intelligence automation worldwide, from 2016 to 2021. In 2017, expenditure on AI and process automation is expected to reach 5.8 billion USD globally. In this sense, 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 5.8
2017 7.7
2018 9.7
2019 11.7
2020 13.6
2021 15.4