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Estimated share of spending on artificial intelligence (AI) and generative AI in Europe in 2024, by industry

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Source

Release date

October 2024

Region

Europe

Survey time period

2024

Citation formats

Distribution of spending on AI in Europe 2024, by industry

Published by
Petroc Taylor,
Feb 10, 2025

The banking industry was the most active sector in terms of investments into AI and gen AI in 2024. The banking industry's spending on AI-centric systems accounted for **** percent of all investments, with total AI funding amount to approximately **** billion U.S. dollars. The retail sector followed, with *** percent of all spending.

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Statistics on " Artificial intelligence (AI) in Europe "

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Other statistics that may interest you Artificial intelligence (AI) in Europe

Overview

6

Segments

8

Europe in global rankings

5

Investment and funding

3

Major European economies

6

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Topics

Artificial intelligence (AI) in financeInvestment bankingLargest banks in the UKEuropean Central BankMobile banking in the U.S.
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