Impact of AI and Analytics to Industry Revenue and Estimated Value

Proof Point

Travel and High Tech industries received largest value from AI and analytics in 2018, making up 9.4% and 7.9% of total revenue, respectively, according to McKinsey estimates

Impact of AI and Analytics to Industry Revenue and Estimated Value

2018E (percentage and US$ billions)

Note: Highest potential impact value displayed

Proof Point Findings

  • Industries that Received Highest Impact – Travel identified in McKinsey study as sector that benefited most from AI and analytics deployment, gaining equivalent to more than 9% of total revenue or estimated value of $480 billion, followed by High Tech (7.9% at $267 billion)
  • Other Top Industries – Transport and logistics, insurance, and pharmaceutical and medical products industries also received relatively higher impact from AI and analytics deployment at more than 5% in 2018
  • High Retail revenue – Retail industry realized largest impact from AI and analytics in terms of actual value at almost $800 billion, making up 4.5% of industry's revenues in 2018
  • Key Growth Drivers – Include accelerating sophistication of AI-based applications, increasing industrial adoption of AI technologies to improve processes and generate more value, and growing demand to leverage customer and business data to remain competitive



Accommodation and Travel, Healthcare/Health Sciences, Media and Entertainment, Real Estate and Construction, Telecommunications, Transportation and Logistics, Wholesale and Retail Trade




Date Last Updated

February 26, 2019

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