What is an AI influencer?

Did you know that you can use AI Influencers to promote various products or brands on different social media platforms?  

If you are a marketer, then you must have heard the term “AI Influencer,” which has been creating a lot of buzz in the market. AI Influencers are digital or virtual characters created using advanced AI technology. Today, a wide range of businesses and startups are employing these virtual influencers to promote their products or services and enhance their overall online visibility.

In this article, we are going to provide a detailed guide on AI influencers highlighting what they are used for, the most popular virtual influencers, and more. 

What is an AI influencer?

An AI Influencer is a digital character developed using advanced Artificial Intelligence (AI) technology and computer-generated imagery (CGI). AI Influencers are also referred to as “virtual influencers” and “digital avatars.” Virtual influencers are created by various tech companies and startups that specialize in AI and CGI. AI Influencers are designed to act and function like real humans interacting and communicating with the world in a first-person viewpoint. AI Influencers are available in all shapes, sizes, and appearances ranging from 3D characters to photorealistic images.

What are AI influencers used for?

AI Influencers are used for promoting and endorsing different brands, products, and services across social media platforms. This includes executing a range of activities such as sharing images, videos, and stories to promote brands on platforms like Instagram, Facebook, Twitter, TikTok, and more.

In addition, brands also utilize virtual influencers for real-time interactions with the audience through comments, likes, etc ensuring a perfect distribution with their marketing goals. One of the major advantages of utilizing AI influencers is the absence of language or cultural barriers, enabling brands and companies to reach a global appeal.

Who is the most popular virtual influencer?

Lu do Magalu (@magazineluiza) is the most popular virtual influencer in the world. She has 6.9 million followers on Instagram and 14 million followers on Facebook, making her one of the most followed virtual influencers worldwide.

Lu do Magalu currently has over 29 million across YouTube, Twitter, Instagram, TikTok, and Facebook. She made her first appearance almost a decade ago on behalf of Magazine Luiza, a popular retail company in Brazil. 

Miquela Sousa (@lilmiquela) is a Brazilian-American AI influencer formed by Brud, a startup based in Los Angeles. Miquela Sousa currently has 2.6 million followers on Instagram and 1.1 million followers on Facebook, making her one of the most popular AI influencers in the world. This virtual influencer has worked for various leading fashion labels such as Calvin Klein, Prada, and Dior as a model and also released a single in 2017 called “Not Mine.”

You can read out two guides on AI influencers:

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How do AI Influencers make money?

AI Influencers are gaining immense recognition globally, resulting in more and more tech companies and startups getting involved in creating their personalized virtual influencers. Looking at the excellent audience reach of AI influencers among the audience, one common question that occurs in everyone’s mind is how AI Influencers make money. 

Well, surprisingly AI Influencers can make money the same way as human influencers. This includes Brand Promotions, Content licensing, Merchandise Sales, Attending Virtual Events, and more. Read our guide about creating an AI influencer before you think about making money with them.

Meet Aitana Lopez, a highly photogenic AI-generated influencer.

In this article, we are going to discuss different ways through which AI influencers make money. 

1. Brand Collaborations

One of the most common ways through which AI Influencers make money is via brand collaborations. Virtual influencers with good followers are often approached by brands for “Paid partnership” deals to promote their products and services online through images or video posts.

AI influencers can generate various high-volume content tailored to promote a product or service of a brand. The kind of content that can be generated by digital influencers can include tutorial videos, AR shopping experiences, product videos, and more. 

For example, an AI Influencer can showcase different makeup products of a brand by creating different looks and guiding viewers regarding its benefits. AI Influencers receive payment in the form of sponsorship, where they promote or endorse a particular product or service by featuring the brand offering and highlighting unique features and advantages of the product in their content. Below we have mentioned some of the AI Influencers who perform brand collaborations: 

  • Lil Miquela: This 20-year-old AI Influencer has been enlisted by Ugg, a California-based footwear label for its month-long 40th anniversary campaign. 
  • Noonoouri: Noonoouri is another virtual influencer who collaborated with numerous high-fashion brands such as Thierry Mugler, Dior, Iris van Herpen, and Viktor & Rolf. 

2. Virtual Event appearances and conference participation 

Most brands and organizations hire popular AI Influencers to their virtual events, gatherings, conferences, etc to spread the word about the brand by leveraging influencers’ reach. Brands and businesses often invite AI Influencers from certain demographics or niche interests that align with their target audience to create hype about their product or services. 

The idea of Virtual events went viral during the global pandemic encouraging more and more brands around the world to attract an audience digitally. 

One of the prime examples of Digital Influencers’ impact on Virtual Events was seen in 2021, when Balenciaga, one of the most popular fashion houses in the world partnered with Fortnite, a prominent gaming platform for a high-fashion event.

Various AI Influencers were hired. This was the first major event where audiences witnessed the impact of AI Influencers. Apart from this, In 2018, Lil Miquela also generated good buzz about her attendance in Prada’s fashion.

Lil Miquela is a well-known virtual influencer who currently has 2.6 million followers on Instagram. She posted multiple behind-the-scenes videos and images of herself along with numerous sneak peeks of the latest collection to create a buzz regarding the fashion event. 

3. NFT Artwork

A beneficial way of earning money as an AI Influencer is through NFT Artwork. If the AI Influencer is focused on any creative activity such as visual arts, photography, fashion, or any other art. Then, NFTs (non-fungible tokens) can be a beneficial method to sell your creations and earn good verifiable digital assets. Multiple AI Influencers with artistic appeal have obtained good profits through this method. Here are some examples: 

  • The debut NFT of virtual influencer Lil Miquela, an inspiration through mythology, was released by transmedia studio Brud in November and sold for 159.5 ETH equivalent to $82,361.
  • Inspired by space travel, Aya Stellar released an NFT collection of 11 digital artworks. The NFT named “Inhale Love Exhale Gratitude” was sold for 2.81 ETH—$10,999—on OpenSea.
  • Another Top AI influencer, Rae from Singapore, introduced her first NFT series named “Take A Byte,” and the artwork was released in July 2021. It was sold for a total of 0.630125 ETH—or $2,463—on Mintable. 

4. Merchandise Sales 

Many AI influencers earn a good fortune by selling various merchandise such as Clothing, Accessories, Digital products, and more. Qai Qai, created by Invisible Universe, is inspired by Serena Williams’s daughter’s favorite doll. Fans of the same can purchase a physical doll version of Qai Qai on Amazon users can also read her book. Another virtual influencer, Noodle and Bun, also sells their stuffed animals online. This way, AI Influencers can earn a good amount through the sales of their own merchandise. 

5. Monetizing Social Media Audiences

Virtual Influencers with a good number of followers on various social media platforms such as TikTok, Instagram, Facebook, and YouTube gain access to various built-in monetization features. So, the larger their followers list the higher the potential to earn good money. 

For example, AI Influencers with 1 million followers on TikTok have the potential to earn $1,500 for every sponsored post. Popular AI Influencer Lil Miquela from LA earns about $8000 per sponsored post online. Here is a breakdown of various ways through which AI Influencers can earn on social media platforms: 

  • Ad Revenue Sharing: Virtual influencers can earn through ad earnings shared by YouTube with channels based on the views obtained by the creator. Influencers with Popular channels who gain a good number of views earn a steady revenue. 
  • Virtual Gifting: AI Influencers can receive virtual gifting forms from fans during their live streams on TikTok while interacting with the users. 
  • Content Subscriptions: Social Media platforms such as YouTube, Twitch, Instagram, and more offer a channel subscription through which users or fans can pay a significant amount to access exclusive content generated by the virtual creator.

6. Content licensing

Another effective method through which AI Influencers can earn money is through “Content Licensing.” Virtual Influencers that generate unique and attractive content online can license their content, such as videos, images, music, artwork, etc, to multiple platforms, brands, businesses, and media outlets.

This way, AI Influencers can provide permission to users and brands to use their copyrighted material, and in return, AI Influencers can earn revenue for their content from users by providing high-quality content for their projects or brands. 

Conclusion 

For now, there is a vast range of commercial opportunities available to AI Influencers through which they earn a good fortune by simply posting content, attending virtual events, collaborating with brands, and more.

Based on the current scenario, the opportunity for AI Influencers to generate money is expected to continue in the coming years with the potential for more opportunities in the future. We hope this article was helpful for you in understanding how virtual influencers make money along with opportunities available for them in the market. 

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How Much Time Does the Average Person Spend on Their Phone in 2024

Smartphones play a crucial part in day-to-day life whether it be for work purposes, entertainment, shopping, website browsing, etc. Today, the majority of the population across the world owns a phone and with each passing year, the demand for these Smartphones keeps on increasing as the majority of users are addicted to their phones. The average Smartphone usage time today in the US is 5 hours and 24 minutes, in fact in the extreme spectrum some users even tend to use their Smartphones for more than 7 hours.

In this article, we are going to take an in-depth look at Phone usage statistics addressing the time spent on phones, ownership by Age, distribution by region, and much more. So, let’s get started. 

Top Smartphone Usage Statistics

  • An Average American spends about 5 hours and 24 minutes on their phone every day.
  • 57% of Americans consider themselves as “phone addicts.”
  • Half of the internet traffic 50.55% comes from mobile phones. 
  • An Average American checks their phone around 96 times a day. 
  • 92% of Americans own a smartphone. 
  • Almost two-thirds of the children spend four or more hours on their phones. 
  • 75% of Americans find it uneasy to leave their home without their phones. 
  • Filipinos spend the highest amount of time on their phones every day. 
  • 60% of people sleep with their phones at night. 
  • Around 55% of people claim they have never gone longer than 24 hours without their cell phones. 
  • About 27% of individuals look at their cell phone while driving.

Distribution of Mobile phone ownership by Age

Almost 97% of the American public owns a phone. Users between the age group of 30 to 49 contain the highest phone ownership with 98%.

Age Group Phone ownership 
13-17 years95.0%
18-29 years96.0%
30-49 years98.0%
50-64 years94.0%
65 and over92.0%

Distribution of Smartphone Usage and Habits

  • On average, an individual utilizes their phone at least 144 times a day. 
  • There was a rise in average time spent by users on their phones by 4 hours and 25 minutes per day by 52% from 2022 when the average time spent was 2 hours and 54 minutes per day. 
  • Some of the most common phone habits include email, photography, social media, internet surfing, etc. 
Activity Usage 
Email 83%
Photography 83%
Internet surfing 76%
Navigation 73%
Online shopping 71%
Social Media 67%
Music or podcast66%
Short videos, watching clips, and messages 65%
Banking 60%
Video calls59%

Time Spent on Smartphones Yearly 

Based on recent data, an average individual spends around 3 hours and 15 minutes on their smartphone per day. 1 out of 5 smartphone users spend around 4.5 hours using their smartphone on average. Surprisingly, users are more likely to utilize their smartphones during the weekdays in comparison to weekends. People check their phones about 58 times a day, and almost 52% of phone checks take place during working hours. Below we have mentioned a detailed table on time spent on smartphones by pick-up: 

Time spent on smartphone The Average amount of time every dayPercentage of daily pick-ups 
Less than 2 minutes 40 69%
2 to 10 minutes 1529%
10+ Minutes 35%

Distribution of time spent on Smartphones by Region

Based on the Q3 2021 data, the Philippines is the top country with the highest time spent on the phone per day. There are a total of 7 countries with more than 5 hours duration spent on phones on a daily basis. Below we have mentioned a table breaking down the top nations with the highest time spent on smartphones:

Rank Country Time Spent on Phone per day 
1Philippines 5 hours 47 mins
2Thailand 5 hours 28 mins
3Brazil 5 hours 25 mins
4Colombia 5 hours 9 mins
5South Africa 5 hours 9 mins
6Argentina 5 hours 4 mins
7Nigeria 5 hours 4 mins
8Indonesia 4 hours 56 mins
9Malaysia 4 hours 49 mins
10Mexico 4 hours 37 mins

Time Spent Using Smartphones By Generation 

The Total time spent by a user on their smartphones also depends on the generation the user belongs to. There is no surprise that Gen Z is most likely to top the charts when it comes to phone usage. 3 out of 4 Gen Z have admitted to spending more time on their cell phones than what they would initially like on a daily basis. Here is a table showcasing the total time spent by a user on smartphones based on their generation: 

Generation On Phone more than preferable Taking Steps to Reduce Screen Time
Baby Boomers 51.6%31.3%
Gen X 66.7%40.7%
Millennials67.3%30.5%
Gen Z 76.3%41%

There was another study that claimed that females are more likely to use their phones for a longer duration compared to males. In a sample of 30,000+ people, the average smartphone usage time for a female is around 2 hours and 47 minutes, while for males the average time is 2 hours and 34 minutes.

Teens and Parents’ phone addiction and phone usage statistics

  • According to a survey, 47% of parents believe that their children have a phone addiction. 
  • A teacher survey stated that 67% of students are being negatively distracted by their mobile devices. 
  • 89% of parents take responsibility for their children’s phone usage addiction. 
  • Individuals under the age group 18 to 29, 22% of smartphone users, have admitted to checking their phone every few minutes. 
  • Teens who spend an hour on their smartphones are less likely to exhibit suicide risk factors compared to those teens who spend five or more hours on their phones. 
  • Adults spend around 45 minutes a day alone scrolling through their social media accounts. 
  • Of parents surveyed in the United Kingdom, 46% of users state they “feel addicted” to their phones. 
  • Instead of socializing with their friends in person, around 33% of teens prefer socializing with their friends through online mediums. 
  • 52% of teens spend most of their time on smartphones while hanging out with their friends and family members. 

Impact of the COVID-19 Pandemic on Phone Usage

The global COVID-19 pandemic has had a significant impact on the increase of phone usage among users as this pandemic forced users to stay indoors in quarantine resulting in people spending more and more time online on their phones trying to entertain themselves and generally pass time such difficult scenario like covid-19. This pandemic also resulted in the introduction of virtual meetings, conferencing, e-commerce sites, etc. Overall, COVID-19 played a quite important role in the rise of phone usage among users across the world.

  • During the beginning of the COVID-19 lockdown, it was registered that Gen Z users had the largest increase in phone usage by 82%. Followed by the second highest registered by Millennials at 72%, then Gen X at 66%, and Baby Boomers at 43%. 
  • Global phone usage witnessed a growth of 70% during the beginning of the COVID-19 pandemic. 
  • The countries with the highest growth in smartphone usage during the pandemic were China and the Philippines. 
  • During the lockdown, the Average call time also witnessed a jump from 3 minutes and 40 seconds to 5 minutes and 26 seconds. 
  • Lockdown resulted in growth in texting among the users by 37%, video calling by 32%, exploring social media accounts by 36%, and online shopping using apps by 23%. 
  • It was also reported that Facebook witnessed a growth of 70% in the total number of people accessing Facebook Messenger for group calls. 
Generation Increase in Phone Usage 
Gen Z 82% 
Millennials 72%
Gen X 66%
Baby Boomers 43%

Smartphone usage in the United States 

46% of United States users believe they spend 4 to 5 hours on their smartphones on an average per day. Meanwhile, around 22% of users have claimed to spend 3 to 4 hours accessing their phone and 16% have stated they spend around 1 to 2 hours on their phone on a daily basis. 

On an extreme spectrum, 11% of users have stated they spend more than 7 hours on their smartphones every day. While only 5%, which is 1 in 20 Americans, use their phone less than an hour on a daily basis.  

According to a survey conducted in 2021 with 3000+ Americans it was found that Mississippi has the highest average time spent per capita at 5 hours and 40 minutes. Meanwhile, Ohio had the lowest average screen time per person with 3 hours and 36 minutes per day. 

Phone Usage Statistics: Trends and Projections

There is no surprise that with growing technology and new apps being introduced every day the average phone usage will keep on increasing in the future. Let’s take a look at some of the usage trends and predictions regarding phone usage to provide a better closure for the future.

Phone usage is expected to witness growth in the future with a stable 2-3% by 2025. 

Regardless 2-3% might not seem like a massive growth, but in reality, it equates to under a billion new users. As of 2023, there are 6.92 billion phone users available worldwide and by 2025 this number is expected to reach 7.34 billion users. 

The average amount of time an American spends on their phone apps has witnessed a growth of 25% since 2019. 

The average phone usage has witnessed a growth of 30% worldwide with countries like India, Russia, Turkey, and Indonesia playing a crucial role in the growth of phone usage with the highest increase. 

There are about 10.37 billion mobile connections globally. 

This might come as a major surprise to some users because globally mobile connections have reached 10.37 billion which is 2.46 billion more mobile connections than the actual people available globally. 

The total number of smartphone users has witnessed a massive growth of 50% since 2016. 

Back in 2016, the total number of smartphone users across the world was only 3.67 billion which was equal to 45% of the population in 2016. However, since 2016 there has been a massive growth in the number of smartphone users, and by 2022, the total number of phone users around the globe will reach 86%. 

It is projected that by 2026 the total number of smartphone users will reach 7.52 billion. 

Number of smartphone users is expected to witness a 12% growth in coming years, which is quite good considering that the majority of the adult population already has a phone for themselves.

Conclusion

Today, almost everyone seems to own a phone, especially considering the average phone usage of an individual in the US is 5 hours and 24 minutes. It’s clear that most of the users have already become phone addicts in this generation, especially Gen Z. In the coming years, the average number of phone users is expected to witness significant growth and reach 7.52 billion by 2026.

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Top Esports Statistics 2024 – Market, Growth, Viewership

The Esports industry is flourishing in 2024, with the market size expected to reach $2.39 billion by the end of the year. With an audience size of 544 million, the demand for gaming has reached a completely new level with more and more players opting in to create a career in gaming and some even considering full-time streaming on popular platforms such as YouTube or Twitch. 

In this article, we are going to list down the top esports statistics for 2024 including its market revenue, Region, Viewership, Most valuable esports organization, Highest-paid players, and more. 

Top Esports Statistics 2024

  • In 2023, the Esports market was valued at $1.6 billion. 
  • The sponsorship segment in Esports generated $837.3 million in market revenue in 2022. 
  • DOTA 2 had a collective prize pool of $29.56 million in 2023. 
  • 70% of the Esports viewers in the US are males. 
  • Team Liquid is the highest-earning professional Esports team earning $44.08 million. 
  • League of Legends World Championship 2023 is the most-watched tournament with a peak viewership of 6.4 million. 

Esports Market Overview


The Esports market is valued at over $1.6 billion in 2023 

In recent years, the esports industry has gained massive popularity all across the world. In 2019, the global market value of Esports reached $957.5 million, the figures witnessed a massive growth of 70% in the last four years as the Esports market value reached over $1.6 billion in 2023. 

Esports Market Revenue Worldwide 

In 2022, the global Esports market was valued at 1,64 billion. In addition, the market revenue of the Esports industry is expected to grow at high numbers and reach $2.39 billion by the end of 2024 by growing at a CAGR of 20.9%. According to reports the market value of the Esports market is expected to reach a milestone of $10.9 billion by 2032. 

Here is a breakdown of the Esports Market value over the years: 

YearMarket value
2022$1.64 billion
2023$1.98 billion
2024*$2.39 billion
2025*$2.89 billion
2026*$3.50 billion
2027*$4.23 billion
2028*$5.11 billion
2029*$6.17 billion
2030*$7.46 billion
2031*$9.02 billion
2032*$10.9 billion

Source: GlobeNewswire

Esports audience size worldwide from 2020 to 2025

There has been a constant rise in the number of viewers tuning in to stream a variety of different games and events worldwide in recent years. In 2020, the Esports audience size was 435.7 million, and in 2022 their numbers reached 532 million. According to Statista, these numbers are expected to reach 640.8 million by the end of 2025.

Year Audience size (in millions) 
2020435.7 million 
2021489.5 million 
2022532 million 
2024 544 million
2025*640.8 million 

Source: Statista

Esports Sponsorship generated over $837.3 million in Revenue in 2022 

Sponsorship plays a massive role in the overall market revenue of Esports. In 2022, about $837.3 million of market revenue was generated through sponsorship alone followed by Media rights which generated $207.8 million. While, $237 million was generated through Publisher fees, merchandise, and tickets. Below we have mentioned a table showing the different segments through which the global Esports market revenue is generated: 

Segment Market Revenue 
Sponsorship $837.3 million
Media rights $207.8 million
Publisher fee $130.7 million
Merchandise & tickets $107.9 million
Digital $53.9 million
Streaming $46.3 million

Source: Statista 

Esports Statistics by Region 

In 2024, the United States Esports Market is expected to be valued at over $1.07 Billion.

The United States dominates the Esports field and was valued at around $871 million in 2023. According to reports, the value of the US Esports sector is expected to reach the milestone of $1.07 billion by the end of 2024 with an expected CAGR of 18.7%. China ranks second in the position of the highest market value at $497.6 million, followed by Germany in the third position with $299.5 million.

Below we have mentioned a table showcasing the market value of Esports based on Region: 

RegionMarket value
United States$1.07 billion
China$497.6 million
Germany$299.5 million
France$169.3 million

In 2025, the number of Esports Fanatics is expected to reach over 318.1 Million 

The number of Esports is growing at a large scale. In 2020, the number of fanatics or regular viewers reached 215.2 million and has been growing ever since. The numbers grew by 25 million in 2021 and reached 240 million. According to expected numbers, fanatics are expected to reach a milestone of 318.1 million by the end of 2025.

To provide a clear picture of Esports viewers, below we have mentioned a table showcasing the number of occasional viewers and fanatics: 

YearOccasional viewers Fanatics/regular viewers 
2025*322.7 million318.1 million
2022270.9 million261.2 million
2021249.5 million240 million
2020220.5 million215.2 million

Esports Game Stats

Dota 2 had the largest collective prize pool in 2023 (Esports Earnings)

The game with the highest cumulative prize pool in 2023 was Dota 2 $29.56 million. Dota 2 is an exciting multiplayer Real-time strategy (RTS) that is played on a 5v5 setting on a large scale. Dota 2 was also the leading game in 2022 and it contained a collective prize pool of $32.85 million. Followed by Fortnite in the second position with a collective prize pool of $19.11 million in 2023. Fortnite was ranked fourth in 2022 and had a collective prize pool of $16.25 million.

Below we have listed down the top 10 games with the highest collective prize pool in 2023:

Game2023 RankCollective prize pool (2023)2022 RankCollective prize pool (2022)
DOTA 21$29.56 million1$32.85 million
Fortnite2$19.11 million4$16.35 million
PlayerUnknown’s Battleground Mobile3$15.94 million3$23.43 million
Counter-Strike: Global Offensive4$14.99 million5$16.17 million
Rainbow Six Siege5$8.9 million9$8.04 million
VALORANT6$8.5 million11$7.06 million
Arena of Valor7$8.42 million2$32.73 million
Rocket League8$8.4 million7$9.42 million
League of Legends9$7.64 million6$7.71 million
PlayerUnknown’s Battleground10$7 million8$8.42 million

Fortnite was the highest-streamed game on Twitch 

Fortnite was ranked second ($19.11 million) in the list of the highest Collective prize pool in 2023. In addition, Fortnite became the most streamed game on Twitch between November and December with around 1.6 million streams. It created a record by becoming the only game to tally over 1 million views on Twitch during this time period. 

The Collective prize pool of Dota 2 totals more than $340 million 

As of December 2023, the total collective prize pool of Dota 2 was $340 million. These numbers were spread across 1,855 tournaments and 4,810 players. Further, Fortnite had a total collective prize pool of $176 million, while Counter-strike: Global Offensive had a total of $158 million. League of Legends and Arena of Valor had a total collective prize pool of $107 million and $78 million respectively. 

Counter-Strike: Global Offensive was streamed by more than 1 million individuals in 2020 

Counter-Strike: Global Offensive is the fourth game launched in the most popular shooter game Counter-Strike series and it was streamed by more than 1 million users in 2020 during its peak. It had approximately 273,000 viewers in 2020. The figures of Counter-strike: Global Offensive were partly inflated by the global pandemic that occurred in 2020 although the figures remained quite stable the following year. The game witnessed a dip in its viewers in 2021 when it declined to 224,000. 

Over 4.5 million users streamed Fortnite last year on Twitch 

The popular online video game Fortnite received excellent viewership as the number of people streaming the online game was streamed by 4.5 million individuals between December 2022 and December 2023 on the live-streaming service “Twitch.” The figures were doubled in numbers compared to the next-most streamed game “Just Chatting” which was streamed by 2.32 million people. 

In a single year, the cumulative PlayerUnknown’s Battlegrounds (PUBG) tournament prize pool was able to surpass $25 million 

The PlayerUnknown’s Battlegrounds (PUBG) tournament witnessed a massive rise between the years 2017 to 2023. The cumulative prize pool of PUBG Esports in 2017 had a total of $1.01 million. In addition, the cumulative prize pool for Esports witnessed a rise of 8x within one year and reached $8.19 million. By 2023, the numbers for Esports tournaments were estimated to be $27.53 million rising by more than 300% in 5 years.

Top 10 Most Valuable Esports Organizations

According to a study by Forbes in 2020, TSM was named the most valuable esports organization valued at $410 million. Followed by Cloud9 in the second position with a value of $350 million and Team Liquid as third with a $310 million value. Below we have mentioned a table showcasing the top 10 most valuable esports organizations along with their value: 

Esports OrganizationValue
TSM$410 million
Cloud9$350 million
Team Liquid$310 million
FaZe Clan$305 million
100 Thieves$190 million
Gen.G$185 million
Enthusiast Gaming$180 million
G2 Esports$175 million
NRG Esports$155 million
T1$150 million

Source: Forbes

Peak viewers of leading Esports tournaments worldwide

There is no doubt that the Esports market has increased at a massive scale in the last few years with millions of viewers tuning in on a regular basis to watch some of the best gamers in the world perform battel. The League of Legends 2023 World Championship has a record of highest peak viewers of 6.4 million to date. The second most watched tournament is Free Fire World Series 2021 with a peak viewers of 5.41 million. 

Here is a breakdown of some of the leading Esports tournaments worldwide: 

TournamentPeak viewers
League of Legends World Championship 20236.4 million
Free Fire World Series 20215.41 million
League of Legends World Championship 20225.15 million 
Mobile Legends M5 World Championship 5.07 million
Mobile Legends M4 World Championship 4.27 million
League of Legends World Championship 20214.02 million
League of Legends World Championship 20193.99 million
League of Legends World Championship 2020 3.88 million 
PUBG Mobile Global Championship Season 0 3.8 million 
Mobile Legends MLBB Southeast Asia Cup 20233.65 million 

Esports Players And Teams Statistics

A wide range of Esports tournaments, social media popularity, online streaming, and various other mediums have played a significant role in helping Esports players receive the recognition they deserve. This has encouraged various companies to invest in numerous Esports teams and create a professional network especially for the players that perform in Esports tournaments, advertise brands and bring gaming to another level. Which has encouraged more and more gamers to build a career in Esports.  

Highest Paid Male Esports Players in 2023

N0tail (Johan Sundstein) is the highest-earning Esports player (Male) in 2023 who has earned about $7.12 million through his career in Esports. N0tail is from Denmark and is well-known for his extraordinary performances in Dota Major championships where he was declared winner four times. The second highest-earning male Esports player is JerAx (Jesse Vainikka), who has earned about $6.49 million and is a Dota 2 two-time International Champion with OG. 

Below we have mentioned a table showcasing some of the highest-earning male Esports players in 2023: 

PlayerEsports Earnings
N0tail (Johan Sundstein)$7.18 million
JerAx (Jesse Vainikka)$6.49 million
ana (Anathan Pham)$6.02 million
Ceb (Sebastien Debs)$5.87 million
Topson (Topias Taavitsainen)$5.7 million
KuroKy (Kuro Takhasomi)$5.29 million
Miposhka (Yarostav Naidenov)$5.26 million
Yatoro (Ilya Mulyarchuki)$5.03 million
Collapse (Magomed Khalilov)$5.03 million
Mira (Miroslaw Kolpakov)$5.02 million

Source: Statista

Highest Paid Female Esports Players in 2023

As of February 2024, Sasha Hostyn, also known by her username “Scarlett”, is the highest-earning female Esports player who has an Esport earning of $443,810. This Canadian professional video gamer is highly known for playing StarCraft II and becoming the first woman to win a major StarCraft II tournament. 

Li Xiaomeng, also known as “Liooon” is the second highest paid female Esports player who has earned $241,510. She is a professional Hearthstone player and was the first-ever female to bang a victory in the Hearthstone Grandmasters Global Finals. 

Below we have mentioned a table showcasing highest paid female Esports players in 2023:

Player Esport earnings
Scarlett (Sasha Hostyn)$443,810
Liooon (Li Xiaomeng)$241,510
Mystik(Katherine Gunn)$122,550
vilga(Ksenia Klyuenkova)$98,490
juliano (Julia Kiran)$96,050
Nina (Nina Qual)$90,970

Source: Statista

Leading professional Esports teams globally 

Team Liquid is currently one of the strongest and highest-earning professional Esports teams that has won about $44.08 million of prize money. This Esports organization was founded in the Netherlands in 2000. The “OG” is another Esports team from Europe that is ranked second in this list and has earned about $37.7 million.  

Below we have mentioned a list showcasing the leading professional Esports teams worldwide based on the prize money won by the teams:

Team CountryPrize money won
Team LiquidEurope$44.08 million
OGEurope$37.7 million
Evil GeniusesUnited States$26.74 million
Team SpiritRussia$21.79 million
Natus VincereUkraine$20.41 million
Team SecretEurope$19.71 million
FnaticUnited Kingdom$19.32 million 
Paris Saint Germain EsportsFrance$18.56 million
Virtus.proRussia$18.53 million
FaZe ClanUnited States$16.15 million

Source: Statista

Wrapping Up 

The above statistics clearly state that the Esports industry is blooming with an excellent audience size. The United States Esports Market is expected to be valued over $1.07 Billion in 2024 along with the audience size expected to reach 544 million by the end of the year. With such extraordinary stats, the Esports industry is expected to reach new heights in upcoming years.

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How Many People Play Roblox – User and Growth Stats in 2024

Roblox is a popular gaming platform developed by Roblox Corporation. This gaming platform allows users to program and play games that are created by themselves or by other users. Over the last few years, Roblox has created quite a buzz of itself in the gaming industry. Currently, the platform has more than 70 million daily active users across the world.

In this article, we are going to take a look at all the latest facts and figures related to Roblox in 2024 including its revenue, monthly active users, engagement hours, most popular games, and more.

Top Roblox Statistics 

  • Roblox has over 70 million daily active users worldwide. 
  • As of March 2024, Roblox’s monthly active users were 196 million. 
  • The European region has the largest number of Roblox daily active users at 26.9%. 
  • Brookhaven RP is named the most popular game on Roblox with 34.44 billion visitors.
  • The second region with the largest number of daily active users in Roblox is Asia-Pacific at 23.1%. 
  • 53% of users accessing Roblox are Males, with only 39% of females. 
  • Roblox has over 500 million downloads globally on both Android and iOS platforms combined.
  • 60% of the Roblox users are below 16. 
  • There are currently 300 million monthly active users. 

Roblox Overview

Roblox was created by David Baszucki and Erik Cassel in 2004 but was released officially on 1 September 2006 on Windows.

Launch Date 1 September 2006
Headquarters San Mateo, California, United States
Founders David Baszucki and Erik Cassel 
Industry Video Gaming

Revenue of Roblox (from 2020 to 2023) 

The Revenue of Roblox was $713.2 million in the third quarter of 2023 witnessing a growth of 38% from the second quarter of 2023 $680.8 million. 

Below we have mentioned a table showcasing Roblox’s revenue over the years: 

Year, Quarter Revenue (in millions)
Quarter 1, 2021$387.0
Quarter 2, 2021$454.1
Quarter 3, 2021$509.3
Quarter 4, 2021$568.8
Quarter 1, 2022$537.1
Quarter 2, 2022$591.2
Quarter 3, 2022$517.7
Quarter 4, 2022$579.0
Quarter 1, 2023$655.3
Quarter 2, 2023$680.8
Quarter 3, 2023$713.2

Source: Docs 

Roblox Daily Active Users (from 2019 to 2023) 

During the first quarter of 2023, Roblox’s daily active users reached 66.1 Million. In the second quarter, the DAU of Roblox witnessed a decline as the user numbers reached 65.5 Million. During the third quarter of 2023, the daily active users again witnessed a rise and reached 70 million DAU. There has been a growth of 48.41% in Roblox daily active users in Q3 2023 compared with Q3 2021.

Here is a breakdown of the Roblox daily active users from 2019 to 2023:

YearDaily Active Users
Quarter 1 201915.8 Million
Quarter 2 201917.1 Million
Quarter 3 201918.4 Million
Quarter 4 201919.1 Million
Quarter 1 202023.6 Million
Quarter 2 202033.4 Million
Quarter 3 202036.2 Million
Quarter 4 202037.1 Million
Quarter 1 202142.1 Million
Quarter 2 202143.2 Million
Quarter 3 202147.3 Million
Quarter 4 202149.5 Million
Quarter 1 202254.1 Million
Quarter 2 202252.2 Million
Quarter 3 202258.8 Million
Quarter 4 202258.8 Million
Quarter 1 202366.1 Million
Quarter 2 202365.5 Million
Quarter 3 202370.2 Million

Source: Roblox 

Roblox Monthly Active Users 

According to reports, the monthly number of active users of Roblox in January 2024 was 223 million. There was a decline in the number of monthly active users as the numbers reached 212 million in February and 196 million in March. 

Below we have mentioned a detailed breakdown of Roblox monthly active users from 2020 to 2024:

MonthMonthly Active Users
January 2020165 Million
June 2020159 Million
December 2020175 Million
January 2021180 Million
May 2021205 Million
December 2021225 Million
January 2022224.5 Million
May 2022211 Million
December 2022203.11 Million
January 2023203.90 Million
April 2023210 Million
August 2023202 Million
November 2023214 Million
December 2023207 million
January 2024223 million
February 2024212 million 
March 2024196 million 

Source: Activeplayer

Roblox Users By Gender

As of December 2023, 53% of users who were accessing Roblox were found to be Males. The percentage of females accessing Roblox was 39% and 8% of the users were unknown. 

Here is a breakdown of the Roblox users by gender:

Gender Percentage of Users 
Male 53%
Female 39%
Unknown 8%

Source: Statista 

Roblox Daily Active Users by Region 

Europe is the leading region with the highest number of Daily Active Users at 26.9%, followed by Asia-Pacific in the second place at 23.1% and the US & Canada in the third place with 22.4% of DAU.

Region Daily Active Users 
US & Canada 22.4%
Europe 26.9%
Asia-Pacific 23.1%
Rest of the world 27.6%

Below we have mentioned a detailed table showcasing the daily active users of Roblox from different regions of the world:

Quarters & YearUSA & CanadaEuropeAPACRest Of The World
Quarter 1 20207.8 million7 million3.7 million5.2 million
Quarter 2 202011.4 million9.9 million4.6 million7.4 million
Quarter 3 202011.5 million10.4 million5.4 million9 million
Quarter 4 202011.3 million10.9 million5.6 million9.4 million
Quarter 1 202112.6 million12.5 million6.5 million10.6 million
Quarter 2 202112.1 million11.8 million7.2 million12.1 million
Quarter 3 202112.2 million11.9 million9.4 million13.8 million
Quarter 4 202111.2 million13.4 million11.2 million13.7 million
Quarter 1 202212.4 million15 million12.6 million14.2 million
Quarter 2 202212.4 million14.1 million12.3 million13.4 million
Quarter 3 202214.2 million15.5 million13.2 million15.9 million
Quarter 4 202213.3 million16.6 million13.6 million15.3 million
Quarter 1 202314.3 million19 million14.9 million17.9 million
Quarter 2 202314.2 million18.2 million15.5 million17.7 million
Quarter 3 202315.7 million18.9 million16.2 million19.4 million

Roblox Users Engagement Rate (from 2020 to 2023) 

The Global Engagement rate of Roblox during the fourth quarter of 2023 was accumulated to be 15.5 million. Below we have mentioned a table showcasing the Roblox engagement rate worldwide from 2020 to 2023:

Year Engagement Rate (in million hours)
Quarter 1 2020 4,875 
Quarter 2 20208,586
Quarter 3 20208,711
Quarter 4 20208,430
Quarter 1 20219,674
Quarter 2 20219,738
Quarter 3 202111,184
Quarter 4 202110,818
Quarter 1 202211,822
Quarter 2 202211,294
Quarter 3 202213,399
Quarter 4 202212,807
Quarter 1 202314,493
Quarter 2 202313,986
Quarter 3 202316,040
Quarter 4 202315,501

Source: Statista 

Roblox Engagement Hours by Region

The largest number of Roblox Engagement hours comes from Europe with 12.048 billion hours, followed by the United States in the second position with 11.011 billion hours. 

Below we have mentioned a table showcasing the engagement hours of Roblox by Region: 

RegionEngagement Hours
USA and Canada11.011 billion
Europe12.048 billion
Asia Pacific9.998 billion
Others 11.461 billion

Roblox Statistics based on Platform 

There is no surprise that the majority of the users prefer to access the Roblox using their mobile phones by 72%. Followed by Desktop, as the second most-preferred choice by 25% and Console in the third position with only 3%.

PlatformsPercent of DAUs
Mobile72%
Desktop25%
Console3%
  • The PC version of Roblox was released on 1st September 2006.
  • Roblox was made available for users to download on iOS on 12th December 2012. 
  • It was made available for Android users on 16th July 2014. 
  • It was published on Xbox One on November 20th, 2015.

Players spending on Roblox Mobile App worldwide 

As of April 2024, the United States accounted for the highest number of players spending on the Roblox Mobile app at 57%. Followed by the United Kingdom in the second position with 6% in the preceding 30 days and Canada in the third position with 4%. 

Below we have mentioned a table showcasing the global players’ spending on the Roblox Mobile app:

Region Percentage of Players 
United States 57%
United Kingdom 6%
Canada 4%
South Korea 4%
Australia 3%
Brazil 2%
Germany 2%
Saudi Arabia 1%
Mexico 1%
Sweden 1%
France 1%
Philippines 1%
Thailand 1%
Singapore 1%
Hong Kong 1%
Others 14%

Roblox Annual developer and creator cash payout (from 2018 to 2023) 

In 2023, the developers and creators that were registered in Roblox’s Developer Exchange program earned a whopping amount of 740 million in annual cash payout. The previous year, the creators and developers made 623 million U.S. dollars. The creations can further be in turn, converted into real-world currency. Creators of Roblox are capable of earning the virtual currency Robux through its virtual gaming creations. 

Below we have mentioned a table showcasing the annual developer and creator cash payout by Roblox from 2018 to 2023:

Year Cash Payout 
201871.89 million 
2019111.98 million 
2020328.74 million 
2021538.32 million 
2022623.86 million 
2023740.75 million 

Source: Statista

Roblox Download Statistics 

Since 2016, Roblox has been downloaded more than 905 million times, in which 56.41 million downloads were generated from Quarter 2 of 2023 alone. The breakthrough for Roblox came in 2019 when the download numbers reached 108.8 million. 

Below we have mentioned a table showcasing Roblox download numbers over the years:

YearRoblox Downloads
2023 (Up to Q2)112.06
2022178.34
2021171.34
2020159.34
2019108.8
201882.84
201759.47
201633.15

Most Popular Games on Roblox worldwide 

According to reports, Brookhaven RP is the most popular game worldwide with 34.44 billion as of July 2023. Adopt Me was ranked second in the list, with 33.71 billion visitors globally. The third rank was secured by the Tower of Hell with 21.26 billion visitors.

Below we have mentioned a list of the most popular games on Roblox worldwide:

GameNumber of visits
Brookhaven RP34.44 billion
Adopt Me!33.71 billion
Tower of Hell21.26 billion
Blox Fruits19.92 billion
MeepCity15.48 billion
Piggy11.85 billion
Murder Mystery 211.47 billion
Royale High8.95 billion
Pet Simulator X!8.24 billion
Welcome to Bloxburg7.67 billion

Source: Statista 

Wrapping Up 

With the above-mentioned statistics, it’s pretty clear Roblox has created a massive impact in the video-gaming industry. As of March 2024, the platform has 196 million monthly active users. Roblox has created excellent impact and reach globally attracting players and creators from various regions. Roblox’s impressive number of users and reach globally has generated a revenue of $713.2 million in the third quarter of 2023.

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How Many Subscribers Does Netflix Have Worldwide 2024

Netflix is one of the most popular video streaming platforms worldwide with over 260 million paid subscribers in the fourth quarter of 2023 a rise of 13.3 million subscribers from its previous quarter. Today, 47% of Americans prefer streaming Netflix over any other streaming platform along with owning a 7.7% share of the United States screen time. 

In this guide, we are going to take a look at the top statistics related to Netflix including number of subscribers, users worldwide in 2024, revenue, and more.

How Many Subscribers Does Netflix Have?

According to company-reported data, Netflix has 260.28 million subscribers worldwide.

Top Netflix Subscribers Statistics 

  • Netflix had 260.28 million paid subscribers in the fourth quarter of 2023. 
  • Netflix is available in over 190 countries worldwide. 
  • Europe, the Middle East, and Africa have the leading number of Netflix-paying consumers. 
  • Australia has the highest penetration rate at 65%.
  • Netflix is expected to spend a whopping amount of $17 billion on content production in 2024. 
  • 51% of Netflix users are female, and 49% are males. 
  • The Average time spent by users on Netflix in 2020 was 3 hours 12 minutes. 
  • The Suburbans is the leading community in the U.S. with the highest share of users. 
  • On Average, a Netflix subscriber views 60 films every year. 
  • Stranger Things 4 is the Most-watched Netflix series of all time.
  • Slovakia Has the largest Netflix Library with over 8,427 titles. 

Netflix Subscribers Count Worldwide Quarterly (from 2013 to 2023)

During the fourth quarter of 2023, Netflix had 260.28 million paid subscribers. It showcased a growth of 13.13 million from the previous quarter which recorded 247.15 million subscribers in the third quarter of 2023. Majority of the Netflix subscribers are based in the EMEA region Europe, the Middle East, and Africa) accounting for over 88 million subscribers globally. 

Below we have mentioned a table showcasing the quarterly Netflix subscriber count from 2013 to 2023: 

Year Netflix Subscribers 
Q1 201334.24 million 
Q2 201335.64 million 
Q3 201338.01 million 
Q4 201341.43 million 
Q1 201446.13 million 
Q2 201447.99 million
Q3 201450.65 million
Q4 201454.48 million
Q1 201559.62 million
Q2 201562.08 million
Q3 201566.02 million
Q4 201570.84 million
Q1 201677.71 million
Q2 201679.9 million
Q3 201683.28 million
Q4 201689.09 million
Q1 201794.36 million
Q2 201799.04 million
Q3 2017104.02 million
Q4 2017110.64 million
Q1 2018118.9 million
Q2 2018124.35 million
Q3 2018130.42 million
Q4 2018139.26 million
Q1 2019148.68 million
Q2 2019151.56 million
Q3 2019158.33 million
Q4 2019167.09 million
Q1 2020182.86 million
Q2 2020192.95 million
Q3 2020195.15 million
Q4 2020203.66 million
Q1 2021207.64 million
Q2 2021209.18 million
Q3 2021213.56 million
Q4 2021221.84 million
Q1 2022221.64 million
Q2 2022220.67 million
Q3 2022223.09 million
Q4 2022230.75 million
Q1 2023232.5 million
Q2 2023238.39 million
Q3 2023247.15 million
Q4 2023260.28 million

Source: Statista

Netflix Subscribers worldwide as of 4th quarter 2023, by Region

Most of the global Netflix subscribers are from the EMEA region (Europe, Middle East, and Africa), as of the 4th quarter of 2023 it accounted for 88.81 million subscribers. Followed by U.S. and Canada in the second position which recorded 80.13 million subscribers and Latin America in the third rank with 46 million subscribers. 

Below we have mentioned a table showcasing the global Netflix subscribers in the 4th quarter of 2023 by region: 

Region Netflix Subscribers 
Europe, Middle East, and Africa 88.81 million 
U.S and Canada 80.13 million 
Latin America 46 million 
Asia Pacific 45.34 million 

Source: Statista

Netflix Annual Revenue from 2010 to 2023

In 2023, the total annual revenue of popular video streaming platform Netflix was 33.7 billion U.S. dollars with a growth of 3.4 billion a decade ago. Over the last few years, Netflix has been extremely successful with excellent reach and demand from people all across the world. 

Below we have mentioned a table showcasing Netflix’s Annual revenue from 2010 to 2023: 

Year Annual Revenue (in millions)
20102,162.6
20113,204.6
20123,609.3
20134,374.56
20145,504.66
20156,779.51
20168,830.67
201711,692.71
201815,794.34
201920,156.45
202024,996.06
202129,697.84
202231,615.55
202333,723.3

Source: Statista 

Netflix’s Ad Tier has over 23 Million monthly active users

Netflix introduced its Ad-supported plan in the United States and 11 other countries in November 2022. This ad-supported plan is available at a price of $6.99/month which is half the price of Netflix’s standard plan which is available at $15.49/month. 

Surprisingly the ad-supported plan of Netflix is witnessing excellent growth among the users and recently it even surpassed 23 million monthly active users worldwide. The ad-tier subscriptions of Netflix account for around 30% of the new sign-ups in the 12 countries where the plan was launched.

Netflix’s Revenue Per User worldwide

YearNetflix’s Global ARPU
2017$9.43
2018$10.31
2019$10.82
2020$10.91
2021$11.67
2022$11.76
2023$10.82

Netflix Revenue Per User by Region 

Netflix’s ARPU in the USA & Canada was $16.64 in 2023, while in 2022 the revenue per user was $15.86. Below we have mentioned a table showcasing Netflix’s ARPU in the USA & Canada from 2018 to 2023: 

YearARPU
2018$11.15
2019$12.58
2020$13.32
2021$14.78
2022$15.86
2023$16.64

Netflix Revenue Per User in EMEA 

Below we have mentioned a table showing Netflix’s ARPU in Europe, Middle East, and Africa (EMEA) countries over the years:

YearARPU
2018$10.47
2019$10.33
2020$10.72
2021$11.64
2022$10.99
2023$10.75

Netflix Revenue Per User in Latin America 

Below we have mentioned a table showcasing Netflix’s ARPU in Latin America from 2018 to 2023: 

YearARPU
2018$8.23
2019$8.21
2020$7.45
2021$8.14
2022$8.48
2023$8.60

Netflix Revenue Per User in Asia Pacific 

Lastly, talking about Asia Pacific the average revenue generated per user was $7.31 in 2023. Below we have mentioned a table showcasing the Average revenue per user in Asia Pacific from 2018 to 2023:

YearARPU
2018$9.35
2019$9.24
2020$9.12
2021$9.26
2022$8.50
2023$7.31

Penetration rate of Netflix worldwide 2022, by country

Regardless of the United States accounting for Netflix’s leading market in terms of subscribers, when it comes to penetration rates Australia and the United Kingdom are at the higher ranks. Australia is the leading country with the highest percentage of Netflix penetration rate at 65%, followed by the United Kingdom with 57%. Meanwhile, the United States ranks third in this list with a 53% penetration rate.

Below we have mentioned a table showcasing Netflix Penetration rate by country: 

CountryNetflix Penetration Rate
Australia65%
United Kingdom57%
United States53%
Canada48%
France29%
Spain26%
Germany24%
Mexico23%
South Korea23%
Brazil22%

Netflix User Demographics 

Netflix has been successful in gaining excellent appeal from people of different genders, age groups, and regions. In terms of gender distribution, Netflix users are fairly balanced, with females slightly edging ahead at 51%, while males account for 49% of the user base.

Gender Percentage of Users 
Male 49%
Female 51%

Netflix users by Generation 

According to reports, Millennials are the leading generation with the highest number of user shares at 33%. Followed by Generation X in the second position with 26% and Baby Boomers in the third position with 22%. 

Below we have mentioned a table showcasing Netflix users by Generation: 

GenerationShare of users
Millennials33%
Generation X26%
Baby Boomers22%
Generation Z18%

70% Of Hispanic Americans Owned An Active Netflix Subscription plan 

A study conducted in the United States in August 2021, it was revealed that 70% of Hispanic Americans were likely to own an active Netflix subscription. It also revealed that only 61% of white respondents were owing an active subscription plan. 

Netflix Users By Community 

In the United States, the largest community of Netflix users belongs to the Suburbans at 43%, followed by the Urban community in the second rank with 34%. The percentage of users belonging to the Rural community in the US is 23%.

CommunityShare of users
Urban34%
Suburban43%
Rural23%

In 2024, Netflix is expected to spend $17 Billion On Content Production

In 2023, Netflix spent around $13 billion on its content production for the generation of Netflix’s original shows and movies which are loved by the customers and play a significant role in the company’s net profits. In 2022, Netflix spent $16.84 billion on its original shows, and in 2024, the company is expected to spend $17 billion on content production prioritizing a diverse range of alternatives for its customers. 

Below we have mentioned a table showcasing the total amount spent by Netflix for its content production from 2016 to 2024:

YearNetflix Content Spend
2016$6.88 billion
2017$8.91 billion
2018$12.04 billion
2019$13.9 billion
2020$11.8 billion
2021$17.9 billion
2022$16.84 billion
2023$13 billion
2024*$17 billion*

Countries with the largest Netflix libraries worldwide

As of March 2023, Slovakia is the leading country with the most content available on Netflix worldwide with 8,400 titles available on the platform. Bulgaria comes in the second position with 8,272 titles available and Latvia is in the third position with 8,092 titles in the Netflix library. Surprisingly the top 10 rank in this list are from European countries. 

Below we have mentioned a table showcasing countries with the most available content on Netflix as of March 2023: 

CountryTitles in Netflix’s Library
Slovakia8,427
Bulgaria8,272
Latvia8,092
Estonia8,071
Iceland8,012
Lithuania7,994
Romania7,748
UK7,482
Portugal7,411
Ireland7,394
Spain7,341
Germany7,315
Hungary7,314
Italy7,205
Austria7,165
Switzerland7,154
Philippines7,125
Greece7,014
Netherlands6,934
France6,842

Source: Statista

Time Spent on Netflix

Netflix accounts for 25.7% of the total daily streaming amount of American adults. There has been a significant rise in the amount of time spent by users on the platform consuming video content. Back in 2015, people spent an average of 1 hour 48 minutes on Netflix. The demand for Netflix content took a huge jump in 2020 during the global pandemic when people started spending more and more time in their houses and began consuming streaming content at a large level. The Average time spent by users on Netflix in 2020 was 3 hours 12 minutes. 

Below we have mentioned a table showcasing the average time spent by Netflix users on the platform daily from 2009 to 2020. 

Year Average Time Spent Daily 
20096 minutes 
201024 minutes 
201148 minutes 
20121 hour 12 minutes 
20131 hour 24 minutes 
20141 hour 36 minutes 
20151 hour 48 minutes 
20192 hours 
20203 hours 12 minutes 

Most Popular Netflix Series of All Time 

Stranger Things season 4 is the most popular Netflix series with over 1.8 billion hours viewed followed by Wednesday: Season 1 in the second position with over 1.7 billion hours viewed by the subscribers. 

Below we have mentioned an overview of the most popular Netflix series of all time:

TitleHours Viewed
Stranger Things 41,838,000,000
Wednesday: Season 11,718,800,000
DAHMER: Monster: The Jeffrey Dahmer Story1,031,100,000
Bridgerton: Season 1929,300,000
The Queen’s Gambit: Limited Series746,400,000
The Night Agent: Season 1803,200,000
Stranger Things 3716,100,000
Bridgerton: Season 2797,200,000
Fool Me Once: Limited Series545,000,000
The Witcher: Season 1663,600,000

Wrapping Up 

Based on the above statistics, we can say Netflix is currently in a good position, especially with over 260 million paid subscribers, Netflix has clearly made an excellent place for itself in the video streaming market. With the release of ad-supported plans, Netflix has introduced a more affordable option through which users can enjoy visual content at a 40% lower price than its standard plan which has boosted its subscriber numbers.

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Gender Pay Gap Statistics in. 2024 – Debunked

The Gender pay gap measures the average difference between men’s and women’s earnings but it’s not as simple as just “paying women less”. It is a good indicator of inequalities in access to work, progression, and rewards and how we, as a society, value the contribution of men and women in the workforce. 

Despite heightened awareness, the gender pay gap persists, revealing a 16% difference in earnings between men and women in 2024. The article provides the latest stats from Gender pay gap statistics in 2024 and sheds light on inequality across various industries, age groups, job titles, and demographics.

Controlled gender pay gap refers to the difference in pay between men and women when factors such as job titles, education, and years of experience are considered. On the other hand, the uncontrolled gender pay gap compares the median earnings of all women to all men, without considering differences in all these factors that may influence income.

Key Statistics on Gender Pay Gap 2024

  • Women earn 16% less than men on average
  • Currently, the uncontrolled gender pay gap is $0.83. Women earn 83 ¢ for every $1 earned by men. 
  • The controlled gender pay gap is $0.99. Women earn 99 ¢ for every $1 earned by men. 
  • Hispanic women earn 56 cents for every dollar earned by white, non-Hispanic men.
  • Black women earn 64 cents for every dollar earned by white men, despite their high labor force participation rates.
  • The gender wage gap average dips to 63 cents when multiracial Black women are included.
  • The gender wage gap for Black and Hispanic women is wider than the gap between white, non-Hispanic women and their counterparts, at 79 cents per dollar.
  • Women working full-time in the United States earn 84 cents for every dollar earned by men in similar positions. As a result, the collective income loss for working women surpasses $500 billion each year

Global gender pay gap from 2015 to 2023

Year Controlled Uncontrolled 
20150.970.75
20160.970.76
20170.980.78
20180.980.79
20190.980.81
20200.980.82
20210.980.82
20220.990.82
20230.990.83

Source: Statista

How the gender pay gap increases with age

The gender pay gap is generally much lower for new labor market entrants and widens with age.

  • In 2022, women aged 25 to 34 earned 92% as much as men of the same age.
  • Women aged 35-44 and 45-54 earned 83% as much as men in the same age groups
  • The ratio dropped to 79% for every woman aged 55-64. 

A woman’s age shouldn’t define their paycheck yet it still does. Men usually see their pay increase steadily over time, while women’s pay tends to grow more slowly, especially after having children. This imbalance creates a gap that’s hard for women to overcome. Additionally, becoming a mother often means lower pay for women, while fathers often see their pay rise, making the inequality in the job market worse.

Gender Pay Gap Based on Job Title

Men, on average, earn nearly 10% more per hour than women in the private sector.

The top 20 positions with the widest controlled gender pay gap span across sales, finance, installation, maintenance, repair, and surgery. These industries often adhere to strict gender norms, making it challenging for women to secure employment and compete for equal pay. In 2024, the jobs with the widest controlled pay gap are Drivers/Sales Workers. 

Women now make up more than 10% of CEOs in Fortune 500 Companies but the pay gap for entry-level positions is still 18.4%.

C-suite pay at S&P companies increased by 24% from 2012 to 2020. Men experienced a 27% increase in pay during this period, while women saw only a 10% jump.

Women earn more than men only in 10 sectors. 

  • Community and civil enforcement occupations (28.9%)
  • Welfare professionals (20.9%)
  • Biological scientists (20.6%)
  • Hire services managers and proprietors (20.3%)
  • Personal assistants and other secretaries (17.1%)
  • Special needs education teaching professionals (16.8%)
  • Veterinarians (14.3%)
  • Occupational therapists (13.2%)
  • Social humanities scientists (12.4%)
  • Publicans and managers of licensed premises (11.4%)

Race and the Pay Gap

Women of color have historically faced and continue to face significant barriers to accessing the same educational and employment opportunities as their white counterparts. Between 1982 and 2022, the gender pay gap saw a reduction across all demographics of women. However, this narrowing was more pronounced for White women compared to Black and Hispanic women.

Since 1988

  • Asian women’s earnings ratio increased from 69% to 87%, closing the gap by 18%. 
  • White women’s earnings ratio increased from 64% to 79%, closing the gap by 15%. 
  • Black women’s earnings ratio increased from 59% to 63%, closing the gap by only 4%. 
  • Latina’s earnings ratio increased from 53% to 55%, closing the gap by only 2%.

The Gender Pay Gap by Countries

Cross-country data regarding the gender pay gap is often incomplete, but the United Nations’ International Labour Organization (ILO) provides the most comprehensive coverage. Over the past few decades, the gender pay gap has generally decreased in many countries worldwide.

In 58 countries, rural workers earn 24% less per hour than urban workers on average, with only half of this gap explained by differences in education, job experience, and occupation.

Gender Pay Gap USA

The gender pay gap in the United States has remained largely stagnant over the past two decades.

In 2022, women earned approximately 82% of what men earned, mirroring the 80% reported in 2002. Despite advancements in higher-paying jobs, women still fill more lower-paying roles. This contributes to the gender pay gap. More women (61%) than men (37%) believe employers treat women differently, while 45% of women and 40% of men see women’s choices in work-life balance as a factor. 

Widest and narrowest gender wage gap in the USA

Vermont has the smallest gender pay gap in the U.S., with women earning $3,872 less than men on average. Alaska and Nevada follow closely with gaps of $6,849 and $7,492 respectively. On the other hand, Wyoming has the largest gap, where women earn $18,877 less than men. New Hampshire and Utah also have significant gaps, with disparities of $16,686 and $16,562 respectively.

In the US, women of color face the brunt of the gender wage gap. 

Hispanic women earned 56 cents and Black women earned 64 cents for every dollar earned by white, non-Hispanic men. When including multiracial Black women, the gap averages to 64 cents.

Gender Pay Gap UK

In April 2023, the Office for National Statistics (ONS) reported that full-time female employees earned 7.7% less per hour than their male counterparts. Meanwhile, part-time female employees earned 3.3% more per hour compared to men. These figures exclude overtime pay. The widest pay gaps within England are in London and the South East.

The UK has one of the lowest rates of pay for statutory maternity pay in Europe

9% of women take no maternity leave at all, with 11% citing affordability as the reason.

Statutory Maternity Pay (SMP) lasts for 39 weeks, starting at 90% of average earnings for six weeks and then dropping to £172.48 per week for the remaining 33 weeks. Maternity Allowance, an option for some women who don’t qualify for SMP, also pays £172.48 for the full 39 weeks. 

Many women, especially Black and Asian women in low-paid jobs with insecure contracts, miss out on statutory benefits like maternity leave and pay

Gender Pay Gap Canada

When considering both full-time and part-time employees, women in Canada make 89 cents for every dollar earned by men.

59.3% – the percentage of white men’s earnings that racialized women make, on average. The gender wage gap is larger for racialized women, newcomers, women with disabilities, Indigenous women, and trans women.

The gender pay gap between 1998 to 2018 was largely influenced by three high-paying and male-dominated sectors: construction, manufacturing, mining, quarrying, and oil and gas extraction. 

Despite the high wages, only 14% of jobs in these sectors are held by women. This is due to unwelcoming environments in trades, with barriers like lack of mentorship and a culture that doesn’t accommodate childcare responsibilities. 

Gender Pay Gap Australia

Women earn 78 cents for every dollar a man makes on average. 

The WGEA reported that the average gender pay gap in Australia is 21.7%, indicating women earn $26,393 less per year than men, on average.

The gender wage gap is wider in the private sector

WGEA reports a 31.8 percent gender pay gap in the male-dominated construction industry. White-collar sectors like professional services, finance, IT, and media show men earning 24 to 26 percent more than women. On the other hand, public administration, education, and healthcare, which receive substantial government funding, display narrower gender pay gaps. Australia’s power giant, AGL admits it has a base salary pay gap of 30.3 percent, more than double the national average.

Migrant women in Australia are 7% less likely to be employed than women born in the country 

Factors such as race and migrant status are equally significant in understanding the gender pay gap, yet they often receive less attention and data collection in Australia.

Gender Pay Gap India

World Inequality Report 2022 estimates show that men earn 82% of labor income in India, while women earn 18%

Salaried women and the gender wage gap in India

The average monthly salary for an Indian male was ?20,666, while it was ?15,722.25 for a female from July 2022 to June 2023. Odisha had the highest wage gap at 68%. The state is followed by Jharkhand at 67%, and Gujarat at 62%, where the average monthly salary for women was the lowest at ?10,419. Gender discrimination in hiring, promotions, and salary discussions fuels the gender pay gap. Biases from traditional gender roles lead to unequal treatment at work.

India’s steps to reduce Gender pay gap

The Maternity Benefit (Amendment) Act 2017 increased paid maternity leave for women employees to 26 weeks from 12 weeks in establishments with 10 or more workers.

The Equal Remuneration Act, of 1976 ensures equal pay for men and women and prevents sex-based discrimination in employment matters.

MGNREGA, established in 2005, boosted rural and agricultural wages, benefiting women workers and reducing the gender pay gap. 

Conclusion

The gender pay gap means women consistently earn less than men, impacting their ability to save for retirement. Various factors widen this gap for women. To address it, we must ensure fair pay, improve financial education, and raise awareness about the gender pay gap.

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11 Best Movies about AI [Artificial Intelligence] That One Should Not Miss

In today’s age where artificial intelligence is seeping into every facet of our lives, movies have been gazing ahead to “ How our world will look with AI and robots” for decades. 

Movies about artificial intelligence with cinematic glimpses about the future from alien battles where AI merges with extraterrestrial forces to thrillers about advanced tech, cinema spotlights futures both utopian and alarming.

Some AI films imagine amazing benefits while others depict scary scenarios of losing control. 

These top picks of AI movies force the audience to think about a world of machines becoming more intelligent than human beings one day.

11: Her (2013)

  • Directed by: Spike Jonze 
  • Written by: Spike Jonze
  • IMDb: 8.0
  • Budget: $23 million 
  • Stars: Joaquin Phoenix, Amy Adams, Scarlett Johansson

A movie about a sensitive, lonely man (Joaquin Phoenix)  who find love and companionship in an AI assistant named Samantha (voiced by Scarlett Johansson)designed with intuitive adaptability.

Over time, he gets so attached that he struggles to accept his companion operating system upgrading itself to serve an expanding user base across devices. Considered to be one of the best films of 2013 and one of the greatest love stories in recent years.

10: Eva (2011) 

  • Directed by: Kike Maillo
  • Written by: Sergi Belbel, Marti Roca, Aintza Serra, Cristina Clemente
  • IMDb: 6.6
  • Budget: $7.9 million 
  • Stars: Daniel Bruhl, Marta Etura, Alberto Ammann

Next pick – Eva is a sci-fi drama set in the 2040s about a renowned robot programmer Alex Garel returns to his hometown after a ten-year absence. Tasked with developing a new line of child robots, Alex seeks inspiration from his ten-year-old niece, Eva. As the Story progresses Alex’s feelings for his former lover, Lana, resurface and series of suspicions. 

Amidst the complexities of love, family, and technological advancements, the story revolves around these characters and the limits of experimental technologies.

9: Transcendence (2014) 

  • Directed by: Wally Pfister 
  • Written by: Jack Paglen
  • IMDb: 6.2
  • Budget: $100- 150 million 
  • Stars: Johnny Deep, Rebecca Hall, Morgan Freeman

In a world where the lines between humans and machines blur, this film explores the implications of artificial intelligence. If you are planning to watch it prepare to have your perception of reality challenged as you dive into a captivating tale of consciousness, emotion, and the very essence of humanity.

With its cinematic journey, it might leave you questioning everything about the future of technology and the very nature of existence itself. Brace yourself for an unforgettable journey that will stay with you for some time.

8: Blade Runner 2049 (2017)

  • Directed by: Denis Villeneuve
  • Written by: Hampton Fancher, Michael Green, Phillip K.Dick
  • IMDb: 8.0
  • Budget: $150- 185 million
  • Stars: Harrison Ford, Ryan Gosling, Ana de Armas 

Blade Runner 2049 is a neo-noir sci-fi thriller set thirty years after the original Blade Runner. The film follows a new blade runner who is tasked with hunting down replicants, bioengineered humans who are indistinguishable from real people. Sound Interesting? This sequel will take things to new places and give a deeper view of the world everyone exists in.

7: Chappie (2015)  

  • Directed by: Neill BlomKamp 
  • Written by: Neill BlomKamp, Terri Tatchell
  • IMDb: 6.8
  • Budget: $49 million 
  • Stars: Charlton Copley, Dev Patel, Hugh Jackman

In a crime-ridden city in South Africa, the government deploys robot cops to restore order. Twist comes when despite being programmed for security, Chappie’s unique ability to learn and feel emotions sets him apart from other machines.

As he navigates the complexities of the human world, Chappie grapples with questions of identity, consciousness, and the very nature of existence. With a funny, entertaining, and surprisingly sentimental movie about a sentient robot is a must-time watch.

6: Automata (2014)

  • Directed by: Gabe Ibanez 
  • Written by: Gabe Ibanez, Igor Legarreta, Javier Sanchez Donate 
  • IMDb: 6.0
  • Budget: $15 million 
  • Stars: Antonio Banderas, Birgette Hjort, Dylan McDermott

What could be more interesting than a word set in an apocalyptic world? A group of self-preserving robots maintain a desolate city, haunted by the ghosts of their creators.

As they tend to the remnants of human civilization, the robots grapple with their own evolving consciousness and emotions, questioning their purpose and the meaning of their existence, surrounding AI’s existence and its role in a world without humans.

5: I, Robot (2004)

  • Directed by: Alex Proyas 
  • Written by: Jeff Vintar, Akiva Goldsman, Issac Asimov 
  • IMDb: 7.1
  • Budget: $120 million 
  • Stars: Will Smith, Bridget Moynahan, Bruce Greenwood 

An American movie set in 2035, this Will Smith starrer depicts robots as everyday helpers managed by a mega-corporation. When one robot gets accused of murder, a technophobic detective investigates if the security protocols have failed or if something more sinister is at play.

The movie is packed with action, thought-provoking themes about artificial intelligence, and a plot that keeps you guessing. It’s a must-watch for fans of the genre and anyone who enjoys a good mystery with a futuristic twist.

4: A.I. Artificial Intelligence (2001)  

  • Written by: Brian Aldiss, Ian Watson, Steven Spielberg 
  • IMDb: 7.2
  • Budget: $120 million 
  • Stars: Haley Joel, Jude Law, Frances O’Connor

In a Steven Spielberg future where global warming has flooded cities, a couple adopts an android named David programmed to feel love. After they abandon him, David embarks on a quest to become a real boy worthy of his mother’s affection through acts that test the morals of AI. It’s a thought-provoking watch that challenges the boundaries of human control over technology.

3: Bicentennial Man (1999)

  • Directed by: Chris Columbus 
  • Written by: Issac Asimov, Robert Silverberg, Nicholas Kazan 
  • IMDb: 6.9
  • Budget: $90-100 million 
  • Stars: Robin Williams, Embeth Davidtz, Sam Neill

Starring legend Robin Williams, this movie showcases a beautiful emotional journey of a robot named Andrew designed as a household assistant.

Over two centuries, we witness Andrew’s quest for meaning, challenging the very definition of what it means to be human. This heartwarming story beautifully captures the essence of the human spirit through the eyes of a machine, a great watch.

2: Ex Machina (2014) 

  • Directed by: Alex Garland 
  • Written by: Alex Garland 
  • IMDb: 7.7 
  • Budget: $15 million 
  • Stars: Alicia Vikander, Domhnall Gleeson, Oscar Issac

The film is a sophisticated and breathtaking exploration of the potential consequences of creating machines in our own image.

This intense psychological game between a programmer and Ava, a humanoid AI whose emotional depth is startlingly human-like. The programmer’s task is to assess Ava, but as the lines between machine and human blur, the story explores the complexities of AI that can think and feel like us. 

1: Morgan (2016)

  • Directed by: Luke Scott 
  • Written by: Seth W.Owen 
  • IMDb: 5.8  
  • Budget: $8 million 
  • Stars: Kate Mara, Anya Taylor-Joy, Rose Leslie

In this thrilling sci-fi, scientists have created an artificial human named Morgan. The film introduces us to Morgan, an artificial being with the appearance of a young girl, but with abilities far beyond human limits.

The tension escalates when Morgan’s behavior becomes unpredictable and dangerous, posing a serious question about the safety of AI with emotional capacities. It’s a thought-provoking watch that challenges the boundaries of human control over technology.

The audience shares mixed reviews over forums like Reddit, but  2001: A Space Odyssey, Ex Machina, and The Matrix are at the very top in this category. Audiences feel they were more real, relevant, and thought-provoking points about the near and far future dangers of AI.

AI has influenced the creative process, from scriptwriting to character development, offering new tools and insights for filmmakers. As AI continues to evolve, its impact on the cinema industry is expected to grow, shaping the future of storytelling and cinematic experiences.

You tell us which AI movie is on your watchlist?

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Top Machine Learning Statistics to know [2024]

Machine learning is completely transforming the business world globally. With Machine learning services businesses in numerous industries can deploy ML-based solutions to enhance productivity, improve customer support, help in decision-making, and much more.

The advancement of AI and ML algorithms helps businesses process massive data easily and enables organizations to process massive amounts of information quickly and efficiently. In this article, we are going to mention top Machine Learning Statistics, along with ML Market size, Adoption statistics, impact on business, marketing, and much more. So, let’s begin.  

Machine Learning Key Statistics 

  • Companies can increase the customer satisfaction rate by 10% using Machine Learning according to Forbes. 
  • The Global Machine learning platform market size is expected to reach $31,36 billion by 2028. (Proficient Market Insights)
  • The United States machine learning market was worth only $100 million in 2018. 
  • The AI market is expected to reach a whopping $500 mark by 2023 and a mark of $1,597 by 2030. (IDC, Precedence research)
  • 76% of surveyed companies were prioritizing Artificial Intelligence and Machine learning over IT initiatives in 2021. 
  • 49% of respondents consider Artificial intelligence and Machine learning projects as high priority, and 28% of respondents consider AI and ML as top priority among the IT projects in 2021. (Statista)
  • By 2030, the forecasted global explainable AI market size is expected to reach $21 billion. (NMSC)

Machine Learning Market Size 

The Machine learning market size has been witnessing growth in the last few years. One of the most prominent segments of this market is its deep learning software which is predicted to reach $1 billion by 2025.

Let’s look at the statistics of Machine learning market size to understand the impact of ML today and in the future: 

  • In the first quarter of 2019, the total funding allocated to ML globally was $28.5 billion. 
  • The estimated size of the United States deep learning software market is expected to reach $80 million by 2025. 
  • The machine learning market size is projected to reach $158.80bn in 2023.
  • An annual growth rate of (CAGR 2023-2030) of 18.73% is expected with the market volume resolution of $528.10bn by 2030. 
  • The United States is expected to have the largest market size in global comparison with $56.75bn in 2023. 
  • $117.19 billion is the global machine learning market expected in 2027 at a CAGR of 39.2% during the forecast period.

Machine Learning Adoption Statistics

The adoption of Machine learning has reached completely new heights with more and more businesses globally implementing ML algorithms to enhance their capabilities. Here are the statistics on how ML adoption is changing the functionality of businesses and companies around the world. 

Experts forecast the Global Machine learning adoption rate between 2018 and 2024 to be around 42% CAGR 

According to Statista, various businesses are adopting machine learning on a massive scale, with 65% believing that ML technology will be beneficial for analyzing and operating data and making useful decisions. 

91.5% of companies have an ongoing investment in Machine learning and Artificial Intelligence

Machine learning is one of the most critical aspects that allows various AI applications and technologies to function and resolve problems. This includes standard deviation observations, speech and pattern recognition, robotics, predicting the stock market’s highs and lows, and much more.

Accessing Machine learning rarely decreases business expenses, but it does help increase the revenue reported by 80% of individuals in a report by McKinsey

Often people expect a decrease in fundamental cost when leveraging machine learning techniques and statistical models. However, accessing machine learning can help increase revenue.

25% of IT leaders state that machine learning programs are capable of helping to curb security risks 

One of the top concerns faced by businesses globally is security. Regardless of machines and technology getting more advanced day by day, hackers often find a new way to outmaneuver them and access their private data. However, thanks to machine learning today IT leaders are able to curb security risks in their companies. 

33% of IT leaders implement Machine learning to enhance their business analytics processes

Machine learning is crucial for business analytics as companies generate terabytes of real-world data points every second. Applications that leverage machine and statistical learning algorithms are so high in the market today since they assist business owners in better understanding big data. 

Machine Learning in Voice Assistants

Machine Learning contains a subset called “deep learning.” It is developed around ML practice and is responsible for generating platforms behind voice assistants including Siri, Google Assistant, and Echo.

Here are some of the statistics related to Machine Learning in Voice Assistants.

  • The value of the Global Natural language processing market is expected to reach $42.04 billion by 2026.
  • 50% of individuals globally utilize voice assistants which is roughly 3.25 billion. 
  • The Global COVID-19 pandemic impacted the usage of voice assistants as AI usage increased by 7%. 
  • According to voicebot, there was a rise in the usage of voice assistance multiple times a day by 5% in 2022. 
  • Around 80.5% of users under the age of 30 are likely to utilize voice assistants in smartphones compared to 60.5% of users in the oldest age group.

Machine Learning in Business

Machine learning has been embraced globally by numerous businesses and organizations. This technology has been involved in driving innovations in various enterprises allowing them to generate smart processes using AI with learning capabilities.

Here are the statistics of machine learning in businesses.

  • The productivity of businesses can increase by 54% by leveraging Machine Learning algorithms. 
  • 15% of organizations and businesses are already utilizing Machine learning to improve their businesses. 
  • C-level executives are responsible for looking after 75% of AI projects in various firms. 
  • 15% of manufacturing businesses claim they are willing to utilize AI in production.
  • 75% of businesses utilize AI and Machine learning to improve customer satisfaction by 10%. 
  • In 2021, there were a total of 4400 funding rounds for Machine learning businesses raising a total of $73.7 Billion from across all rounds.

Machine Learning in Marketing

Machine learning has also impacted the marketing and sales industry by improving the accuracy of lead scoring, improving customer churn prediction, generating pricing models, and much more.

Here are the top statistics about machine learning in marketing to help understand how ML is reshaping the marketing industry. 

61% of marketers state that AI and ML is one of the most crucial parts of their data strategy 

The demands and expectations of customers have changed. Today users need to interact personally with the customers to gain their attention which requires effective marketing of products and services.

Due to this marketers are investing in Artificial Intelligence and Machine learning to personalize their content and run various campaigns that can help provide excellent user experience to their customers.

87% of Artificial Intelligence adopters states they consider using AI and ML for sales forecasting and improving email marketing 

The usage of Machine learning for sales forecasting and email marketing can help fasten customer churn prediction, generate dynamic pricing models, enhance lead scoring accuracy, and much more.

According to a survey conducted by Refinitiv 16% of respondents believed Machine learning is capable of improving the sales and marketing campaigns

Numerous businesses and companies believe that the usage of machine learning algorithms for targeted marketing can be more efficient compared to old-school advertising tactics. 

Marketing and sales are considered the most profitable sections to incorporate machine learning systems

Machine learning allows businesses to personalize algorithms to create suitable product recommendations tailored to users who visit the site or platform. These algorithms are derived using numerous data sets on customer behavior which can be helpful to increase customer retention and sales.

Machine Learning for Retail

  • The three largest areas of Machine learning and Artificial Intelligence in the Retail industry are Personalized design and production, inventory and delivery management, and anticipating customer demand. (PwC)
  • The Global Artificial Intelligence and Machine learning in the retail market was $8.41 billion in 2022. The market is expected to grow and reach $45.74 billion by 2032 at a CAGR of 18.45% during the forecast duration of 2023-2032. (Precedence Research)
  • In the United States retail industry is expected to remain the largest AI and ML spending industry from 2021-2025 according to IDC

Machine learning for healthcare

  • The Global AI in the healthcare market is expected to reach $187.95 billion by 2030 with a CAGR of 37% from $11.06 billion in 2021. (PwC)
  • The three leading areas with the highest AI and ML potential in the healthcare industry are ML-based medical diagnosis tracking incidences of diseases, and imagining diagnostics. (Precedence Research, Statista)
  • North America is the leading AI and ML in the healthcare market accounting for more than 58% of the market share in 2020 and it is forecasted to continue up until 2030. (Precedence Research)
  • 98% of healthcare businesses or organizations already contain an AI strategy or are in the process of implementing one. (Optum

Wrapping Up

There is no doubt that machine learning is transforming the business world globally and enhancing the productivity of businesses in numerous industries whether it be marketing, healthcare, retail, or more.

Due to this more and more companies are investing in Machine learning. Above we have listed down Machine learning statistics including its market size, Adoption, Impact on business, retail, and much more. 

For a deep dive into the data that fuels algorithms and drives the machine learning revolution, check out our detailed article on Big Data Statistics.

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Chatbot Statistics For 2024: Usage, Demographics, Trends

We all have interacted with an AI Chatbot at some point in our lives, whether it be raising a query, booking tickets, performing return or exchange requests, and much more.

Chatbot Statistics

Today, most companies globally are investing in chatbots to provide personalized customer support to ensure consumers’ queries are solved rapidly with detailed answers, guidance, and information.

In this article, we are going to take an in-depth look at Chatbot statistics including market revenue, Usage Statistics, Marketing and sales chatbot stats, and more. So, let’s get started. 

Chatbot Key Statistics

  • In 2022, around 88% of individuals have had at least one conversation with a chatbot. 
  • Chatbots are expected to save businesses 2.5 billion hours of work by 2023. 
  • In 2019, Chatbots witnessed a 92% use increase, making it the brand communication channel with the largest growth. 
  • 40% of millennials have claimed to be engaging with a Chatbot on a daily basis. 
  • 35% of users prefer to use chatbots to resolve their complaints or issues by seeking detailed answers from the bot.

Chatbot Global Statistics

  • According to ClickZ, the chatbot industry is likely to reach $1.34 billion by 2024.  
  • Chatbot Life states the healthcare sector provided by 10% instantly after incorporating chatbots.
  • In 2021, various brands are focusing on developing their chatbots instead of their mobile application according to Gartner. 
  • Facebook conducted a survey through which it was revealed around 79% of users feel confident if they talk directly to a customer agent of a brand instead of a chatbot.
  • The utilization of Chatbots is increasing across the world. More than 67% of consumers globally have utilized chatbots for customer support. 
  • Chatbots are capable of saving up to 30% in customer support costs and assist businesses by speeding up the response duration and responding to 80% of routine questions. 
  • According to Opus Research, an investment of $4.5 billion was being made in the corporation of chatbots in numerous sectors and industries for improved customer support.
  • PwC reported that 27% of customers who are accessing customer support apparently didn’t have a clue whether they were interacting with a chatbot or a human agent. 

Chatbot Market Revenue 

Below we have mentioned a table showcasing the Global Chatbot Market Revenue from 2018 to 2027. It is estimated that the market revenue generated in 2023 is roughly around $137.6 million. By 2027, the market revenue is expected to witness a huge rise and reach $454.8 million. 

Year Market Revenue 
2027$454.8 million
2026$325.3 million
2025$239.2 million
2024$179.9 million
2023$137.6 million
2022$106.6 million
2021$83.4 million
2020$65.5 million
2019$51.7 million
2018$40.9 million

By Statista

  • North America contains a market size of $40.4% and is considered the center of the chatbot startups in the market with the largest share. 
  • The chatbot market is classified into three main categories: Large, Medium, and small businesses
  • According to AllTheResearch, larger companies are likely to adopt chatbots in a much faster way than small businesses. Their segment tends to account for more than 46% share in the chatbot market and is expected to keep growing in the near future. 
  • 25% of travel and hospitality businesses globally utilize chatbots to answer any queries or complete bookings.
  • The Global chatbot market is divided into different categories such as Marketing, Human Intelligence, and Artificial intelligence. Out of the three categories, Marketing is predicted as the most noteworthy market share, growing at a CAGR of 23.7% by 2030

Chatbot Usage Statistics 

60% of millennials have utilized chatbots and a total of 70% of those users have had a positive experience

According to Forbes, customers have been engaging with self-service options more than a human and using chatbots to solve their queries. 60% of millennials have actively utilized chatbots with 70% of users claiming to have positive responses. Meanwhile, of the rest of the millennials who have not yet used chatbots, more than half claim to be interested in utilizing the chatbot.

The Global chatbot market revenue reached $137.6 million in 2023

According to Statista, the global market revenue generated by the chatbot industry is $137.6 million this year. Over the next few years, the chatbot industry is expected to witness more growth and is predicted to reach a market revenue of $454.8 million by 2027. 

By implementing a chatbot, virtual customer assistants help enterprises reduce queries by 70%

Adding chatbots into organizations has created a huge impact in the reporting reduction of up to 70% in call, chat, and email inquiries according to Gartner research. It has also been reported that it has increased customer satisfaction and around 33% savings per voice engagement. 

62% of consumers prefer to connect with a bot that waits in line to connect with an agent

The biggest advantage of chatbots is their “Speed.” Apart from this, chatbots are available 24/7 so users don’t need to spend any time waiting to gain a response or solve their query. Therefore, most users tend to prefer interacting with a customer service bot over a human agent.

Marketing and sales chatbot statistics

  • 57% of executives believe that chatbots are beneficial for bringing a significant ROI with minimal effort.
  • Around 90% of businesses and companies stated large improvements have been witnessed in the complaint resolution due to chatbots.
  • 58% of companies have invested in conversational marketing tools to answer COVID-19 customer support challenges. 
  • 36% of organizations are turning towards the chatbot market to enhance lead generation and it is said by business leaders that on average chatbot is capable of increasing sales by 67%. 
  • According to Drift, 55% of organizations that utilize chatbots are likely to get high-quality leads.

Chatbot usage for customer service

Chatbots are predicted to become a primary channel for customer service by 2027 in a quarter of all businesses 

According to Gartner, chatbots and virtual assistants are evolving and changing the way organizations respond to consumer queries. These virtual assistants are in high demand by companies and in the coming years these virtual assistants will become a primary channel for customer service by 2027 enhancing the customer experience and driving positive customer emotion at lower cost.

80% of customers have stated they are comfortable using a chatbot if there is a possibility to switch to an agent at a quick speed 

According to Simplr, a large number of customers have claimed that accessing chatbots can be pretty annoying since it becomes impossible to reach a customer support agent. They seek an effective system of customer service that contains the efforts of both human agents and virtual assistants. 

74% of consumers state that would choose to utilize a chatbot instead of a human age for general queries 

Chatbots are capable of answering basic questions and issues raised by customers. Human agents don’t need to engage with routine tasks and even the customers prefer an automated tool as well. 40% of customers don’t care whether it’s a bot or agent answering the query as long as the issue is cleared.

The Future of Chatbots 

  • In 2023, the sum of chatbot transactions expected is $112B. 
  • Chatbots are expected to become a prime customer support channel for numerous companies by 2027. 
  • In the next five years, chatbots are expected to become the most popular customer tech according to one-third of AI startups. 
  • More and More companies are implementing chatbots into their customer support process and marketing routine. The Global chatbot market is expected to reach $994 million by 2024.

Final Thoughts

Based on the above statistics, it’s clear that chatbots play a huge role in various businesses and are extremely useful. Chatbots are capable of providing excellent customer service to users and the best part is that it provides quick response and is available 24/7.

However, chatbots are a good customer service option when it comes to general queries, but in the case of complex questions, a human agent is essential. Therefore, chatbots cannot essentially replace humans but can be used to complement their human workforce instead of replacing human agents.

To delve into the foundational technology driving chatbots, don’t miss our article on Machine Learning Statistics.

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