UK AI Industry RTIC
Real-Time Industrial Classifications

UK Artificial Intelligence Industry

Find out more about the UK’s thriving Artificial Intelligence (AI) industry and the companies pioneering in Machine Learning (ML), Blockchain, Natural Language Processing and beyond.

View our AI Real-Time Industrial Classification (RTIC) today and access company, financial, investment and employee data for one of the UK’s fastest growing sectors.

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What is Artificial Intelligence (AI)?

Artificial Intelligence or AI is a broad term used to define the use of computer systems and machines that emulate human intelligence or processes to solve problems.

When we refer to AI as a field, in most cases we mean the practical application of perceived intelligence or the ability to perform certain tasks that might normally be undertaken by intelligent beings. AI subfields such Machine Learning and Deep Learning (including neural networks) are being used commercially across the sector by companies working in areas such as data analysis, image processing, blockchain, automation and natural language processing, and have lead to a thriving UK emerging economy.

Artificial Intelligence sector summary

Key information you should know about the Artificial Intelligence sector from our AI-driven platform of over 5 million companies:

  • Artificial Intelligence has turnover of £61.58bn, meaning it is our 22nd largest RTIC, and our 4th fastest growing sector.
  • The Artificial Intelligence sector is getting a lot of attention from investors and is one of the top 10 fastest growing sectors for venture capital funding.
  • On average the roles advertised in this sector are 29.5% higher than the UK’s average salary.
3,588
COMPANIES CONSIDERED
£61.6bn
TOTAL TURNOVER
369,031
TOTAL EMPLOYEES
£19.3bn
TOTAL INVESTMENT FUNDING
£386.5m
TOTAL INNOVATE UK GRANT FUNDING
36.8%
AVERAGE COMPANY GROWTH PER YEAR

Artificial Intelligence verticals

Our Artificial Intelligence RTIC is made up of 11 individual industry verticals, including verticals such as Blockchain, Data Analysis, Enabling Platforms. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

  • Sector Code Description Records
  • RTIC0004 Artificial Intelligence 3493 companies

    Companies working with artificial intelligence (often machine learning) in areas such as; Data Analysis, Enabling Platforms, Image Processing, Machine Learning, Natural Language Processing, Blockchain, GreenTech, Life Sciences, Industry 4.0 and Automation, Systems Optimisation, Signal Processing

    • Artificial Intelligence: Blockchain

      Companies producing AI algorithms for blockchain products and services

      218 companies
    • Artificial Intelligence: Data Analysis

      Companies providing AI technology for data processing and analysis

      1534 companies
    • Artificial Intelligence: Enabling Platforms

      Companies that build AI applications into intuitive platforms for non-expert users

      592 companies
    • Artificial Intelligence: Green Tech

      Companies using AI to create products and/or services aimed towards net zero, environmental monitoring or energy management

      376 companies
    • Artificial Intelligence: Image Processing

      Companies providing AI products that allow for the in-depth analysis of still images

      374 companies
    • Artificial Intelligence: Industry 4.0 and Automation

      Companies creating AI products that supporting smart factories and automation for the manufacturing sector

      359 companies
    • Artificial Intelligence: Life Sciences

      Companies creating AI applications supporting innovation and research in the field of life sciences

      241 companies
    • Artificial Intelligence: Machine Learning

      Companies integrating machine learning algorithms into AI products

      1153 companies
    • Artificial Intelligence: Natural Language Processing

      Companies developing AI technology capable to find patterns, meaning and tone in text data

      177 companies
    • Artificial Intelligence: Signal Processing

      Companies producing AI technology that can identify, process and analyse inputs (voice, video, movement, temperature, etc.) in real-time

      320 companies
    • Artificial Intelligence: Systems Optimisation

      Companies producing AI applications aimed to improve the functionality and precision of other technologies/applications

      163 companies

Artificial Intelligence industry growth

We estimate that the UK Artificial Intelligence sector could be worth approximately £295bn by 2027, based on the compound annual growth rate (CAGR) of 36.8%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

Download our free AI report

Dig deeper into the UK’s Artificial Intelligence (AI) industry with our free 2022 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

Our innovative data

Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including AI.

Discover more RTICs and access our other free reports today.

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