In 2025, several sectors are making significant investments in Artificial Intelligence (AI). Here are some of the leading sectors in AI spending:
- Financial Services:
- Projected to lead in AI spending over the 2024-2028 forecast period.
- Expected to account for over 20% of all AI spending.
- Key use cases include augmented fraud analysis, investigation, and AI-enabled customer service.
- Information Technology (Software and Information Services):
- Shows high current adoption rates of AI.
- Considered one of the largest areas for AI spending.
- A significant portion of software spending is directed towards AI-enabled applications and AI platforms.
- Retail:
- Identified as one of the largest industries for AI spending.
- AI is used for personalized product recommendations, inventory management, and price optimization.
- Other Significant Sectors:
- Healthcare and Life Sciences: AI is transforming diagnostics, personalized treatment, drug development, and operational efficiency.
- Manufacturing: AI is used for production optimization, inventory management, customer service, and predictive maintenance.
- Professional, Scientific, and Technical Services: This sector also shows a high adoption rate of AI.
- Government (especially Defense): A significant portion of AI-related expenditures is within professional, scientific, and technical services for the Department of Defense.
Key Trends in AI Investment:
- AI Infrastructure: Significant investments are being made in AI infrastructure, including cloud computing, data centers, and hardware (servers, storage, AI chips).
- Generative AI: This subfield is attracting substantial investment, with companies betting on its ability to enhance productivity across various applications.
- AI-enabled Applications: A large portion of software spending is going towards applications that have AI capabilities integrated.
It’s important to note that while some sectors are currently spending the most, others like Business and Personal Services and Transportation and Leisure are expected to see some of the fastest growth rates in AI spending in the coming years.