DSIT commissions a study of the UK's AI companies every year. The 2024 edition, published in September 2025, is quoted below; it counts companies, jobs, revenue, investment and where the firms are.
This page quotes 6 findings from one official record, all published in September 2025, by DSIT. The most recent comes from DSIT in September 2025 and covers small firms. Every one of them carries the source's own note on how the figures were gathered, shown under the quote.
Size of the sector
86,139
AI-related jobs in the UK AI sector, 2024 (DSIT) · see the record
Investment
£2.9bn
invested in dedicated UK AI companies, 2024 (DSIT) · see the record
Investment
51
AI-related inward investment projects into the UK, 2024 (DSIT) · see the record
Size of the sector
DSIT reports that in 2024 the UK AI sector had 5,862 AI companies, about £23.9 billion in revenue, 86,139 AI-related jobs and £11.8 billion in gross value added.
“Employment 50,040 64,539 86,139 (+33% since 2023) Revenue (£m) 10,600 14,200 23,900 (+68% since 2023) GVA (£m) 3,700 5,800 11,800 (+103% since 2023) Firm Count 3,170 3,713 5,862”
The source notes: The study says its findings draw on modelled data based on reported company data and survey responses.
DSIT reports that estimated gross value added among dedicated AI firms almost doubled in a year, from £1.2 billion in 2023 to £2.2 billion in 2024.
“Estimated GVA among dedicated AI firms has almost doubled within the past year, from £1.2 billion in 2023 to £2.2 billion in 2024 (+83%, £1.0 billion).”
The source notes: The study says its findings draw on modelled data based on reported company data and survey responses.
DSIT reports that, compared with 2022, there are now at least double the number of AI companies in the West Midlands, North West, East Midlands, Wales and Yorkshire and Humber.
“Compared to 2022, there are now at least double the number of AI companies in the West Midlands, North West, East Midlands, Wales and Yorkshire and Humber.”
The source notes: The study says its findings draw on modelled data based on reported company data and survey responses.
DSIT reports that in 2024 the UK AI sector had 5,862 AI companies, about £23.9 billion in revenue, 86,139 AI-related jobs and £11.8 billion in gross value added. The study says its findings draw on modelled data based on reported company data and survey responses. See the record.
How much is invested in UK AI companies?
DSIT reports that investment in dedicated AI companies rebounded to £2.9 billion in 2024, above the record high seen in 2022. The study says its findings draw on modelled data based on reported company data and survey responses. See the record.
What we left out
We only publish results that an official source reports as having happened. We leave out forecasts, targets, estimates of what AI could or may do, announced investment that has not yet happened, and findings from bodies that are not on our official sources list. How we choose what to include.