AI Investment Rankings and Statistics
India ranks eighth among 11 countries in historical AI investments as a percentage of GDP (2010-2024), with a range between 1.2% and 1.8% of its 2024 GDP. This positions India behind countries like the US and Singapore, which lead the rankings.
Benchmark Comparisons
- United States: 3.4% to 5.1% of GDP
- Singapore: 3.1% to 4.6% of GDP
- South Korea: 2.2% to 3.3% of GDP
- China: 1.7% to 2.6% of GDP
- India surpasses Europe (excluding the UK) and Brazil in AI investment percentages.
Global AI Investment Trends
- The US and China dominate with 65% of total AI investments since 2010, ranging from $2,150 billion to $3,250 billion.
- Projected additional investment annually till 2030 is estimated at $1.5 trillion.
Infrastructure and Hardware Investments
- AI infrastructure investments (data centers) have reached $600 billion since 2010.
- The global number of hyperscalers is expected to rise from over 1,136 to over 2,000 by 2030.
- India anticipates over $67 billion in investments in the next three years, announced by global tech firms.
Future Growth Projections
- Hardware investments have surpassed $200 billion since 2010, with expected growth of 15-25% annually, equating to $90 billion per annum until 2030.
- Investments in foundational models are projected to grow 25-35% per annum, reaching at least $300 billion per year by 2030, driven by advancements in language models and machine learning.