Analytics India Magazine, India’s no.1 platform on analytics, data science and big data, shared its latest report presenting a comprehensive overview of the State of AI in India. Along with the usual metrics like the overall size of the AI market and its projected growth rate, a key highlight in this report is the state of AI adoption across sectors in India.
The report also includes the extent to which different AI capabilities and use cases that have been adopted in India, and discusses the AI talent scenario in India, focusing on the skill set, experience and job opportunities available for AI professionals.
Key Findings
- AI-generated revenue in India in 2023 stands at USD 12.3 billion in 2022.
- AI market size in India is expected to grow to USD 71.0 billion by 2027.
- Big IT companies or KPO/BPO service providers make up 3/5th (60.0%) of the total AI market in India.
- In 2022 the share of AI professionals in mid to large Indian enterprises stands at an average of 4.1%
- At 65%, the BFSI sector shows the highest rate of AI adoption.
- More than 74% of Indian AI enterprises have adopted Deep Learning.
- 72% of AI professionals can interface with databases through basic query languages like SQL
- At 31%, Delhi holds the maximum share of jobs for AI professionals.
Read the full report on the source page.
