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 £42.32bn, meaning it is our 24th largest RTIC, and our 8th fastest growing sector.
The Artificial Intelligence sector is one of our top 10 sectors for overall venture capital funding.
On average the roles advertised in this sector are 24.58% higher than the UK’s average salary

3,052

COMPANIES CONSIDERED

£42,318,345,472

TOTAL TURNOVER

129,897

TOTAL EMPLOYEES

£41,954,620,000

TOTAL INVESTMENT FUNDING

£293,156,975

TOTAL INNOVATE UK GRANT FUNDING

8.8%

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 3052 companies
Companies working with artificial intellience (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
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- Artificial Intelligence: Blockchain
  Companies producing AI algorithms for blockchain products and services
  231 companies
- Artificial Intelligence: Data Analysis
  Companies providing AI technology for data processing and analysis
  871 companies
- Artificial Intelligence: Enabling Platforms
  Companies that build AI applications into intuitive platforms for non-expert users
  591 companies
- Artificial Intelligence: Green Tech
  Companies using AI to create products and/or services aimed towards net zero, environmental monitoring or energy management
  349 companies
- Artificial Intelligence: Image Processing
  Companies providing AI products that allow for the in-depth analysis of still images
  200 companies
- Artificial Intelligence: Industry 4.0 and Automation
  Companies creating AI products that supporting smart factories and automation for the manufacturing sector
  371 companies
- Artificial Intelligence: Life Sciences
  Companies creating AI applications supporting innovation and research in the field of life sciences
  342 companies
- Artificial Intelligence: Machine Learning
  Companies integrating machine learning algorithms into AI products
  1095 companies
- Artificial Intelligence: Natural Language Processing
  Companies developing AI technology capable to find patterns, meaning and tone in text data
  169 companies
- Artificial Intelligence: Signal Processing
  Companies producing AI technology that can identify, process and analyse inputs (voice, video, movement, temperature, etc.) in real-time
  502 companies
- Artificial Intelligence: Systems Optimisation
  Companies producing AI applications aimed to improve the functionality and precision of other technologies/applications
  186 companies

Artificial Intelligence industry growth

We estimate that the UK Artificial Intelligence sector could be worth approximately £64.5bn by 2027, based on the compound annual growth rate (CAGR) of 8.8%. 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

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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.

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