The banking industry was the most active sector in terms of investments into AI and gen AI in 2024. The banking industry's spending on AI-centric systems accounted for 15.7 percent of all investments, with total AI funding amount to approximately 7.24 billion U.S. dollars. The retail sector followed, with 9.5 percent of all spending.
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IDC. (October 22, 2024). Estimated share of spending on artificial intelligence (AI) and generative AI in Europe in 2024, by industry [Graph]. In Statista. Retrieved June 05, 2025, from https://www.statista.com/statistics/1446075/europe-spending-distribution-on-ai-by-industry/
IDC. "Estimated share of spending on artificial intelligence (AI) and generative AI in Europe in 2024, by industry." Chart. October 22, 2024. Statista. Accessed June 05, 2025. https://www.statista.com/statistics/1446075/europe-spending-distribution-on-ai-by-industry/
IDC. (2024). Estimated share of spending on artificial intelligence (AI) and generative AI in Europe in 2024, by industry. Statista. Statista Inc.. Accessed: June 05, 2025. https://www.statista.com/statistics/1446075/europe-spending-distribution-on-ai-by-industry/
IDC. "Estimated Share of Spending on Artificial Intelligence (Ai) and Generative Ai in Europe in 2024, by Industry." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1446075/europe-spending-distribution-on-ai-by-industry/
IDC, Estimated share of spending on artificial intelligence (AI) and generative AI in Europe in 2024, by industry Statista, https://www.statista.com/statistics/1446075/europe-spending-distribution-on-ai-by-industry/ (last visited June 05, 2025)
Estimated share of spending on artificial intelligence (AI) and generative AI in Europe in 2024, by industry [Graph], IDC, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1446075/europe-spending-distribution-on-ai-by-industry/
