The Latin America, Middle East and Africa Generative AI Market should witness market growth of 35.2% CAGR during the forecast period (2022-2028).
One business that stands to gain a lot from generative AI is picture identification. We can produce visuals that are more realistic and more similar to what the human eye views with the aid of generative AI. As a result, image recognition algorithms will become more accurate, opening the door to innovative uses like automated photo editing and lifelike 3D rendering.
The text-generating sector is another one that generative AI can help. We can produce text documents that are more accurate and realistic by applying generative AI. This will raise the standard of text-based solutions like search engines, chatbots, and automatic translations.
Not least, generative AI can be advantageous to the gaming sector. With more artificial creativity, larger, more detailed settings, and more in-depth narratives, one can utilize generative AI to make games that are more polished and realistic.
The rise is a result of increased investment by UAE governments in cutting-edge technologies, including machine learning (ML), artificial intelligence (AI), and 5G. The 'UAE Strategy for Artificial Intelligence' has been unveiled by the UAE government. For better outcomes, it is anticipated that the adoption of such tactics shall rely on artificial technologies. It will decrease accidents and operational costs in the transportation sector while minimizing chronic and deadly diseases by identifying them in the health sector.
The Brazil market dominated the LAMEA Generative AI Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $966.3 million by 2028. The Argentina market is experiencing a CAGR of 35.9% during (2022-2028). Additionally, The UAE market would display a CAGR of 34.9% during (2022-2028).
Based on Component, the market is segmented into Software and Service. Based on Technology, the market is segmented into Transformers, Generative Adversarial Networks (GANs), Variational Auto-encoders, and Diffusion Networks. Based on End-use, the market is segmented into Media & Entertainment, BFSI, IT & Telecommunication, Healthcare, Automotive & Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), IBM Corporation, Microsoft Corporation, Adobe, Inc, MOSTLY AI Solutions MP GmbH, Synthesia Limited, Genie AI, Inc, Rephrase.ai, and De-Identification Ltd.
One business that stands to gain a lot from generative AI is picture identification. We can produce visuals that are more realistic and more similar to what the human eye views with the aid of generative AI. As a result, image recognition algorithms will become more accurate, opening the door to innovative uses like automated photo editing and lifelike 3D rendering.
The text-generating sector is another one that generative AI can help. We can produce text documents that are more accurate and realistic by applying generative AI. This will raise the standard of text-based solutions like search engines, chatbots, and automatic translations.
Not least, generative AI can be advantageous to the gaming sector. With more artificial creativity, larger, more detailed settings, and more in-depth narratives, one can utilize generative AI to make games that are more polished and realistic.
The rise is a result of increased investment by UAE governments in cutting-edge technologies, including machine learning (ML), artificial intelligence (AI), and 5G. The 'UAE Strategy for Artificial Intelligence' has been unveiled by the UAE government. For better outcomes, it is anticipated that the adoption of such tactics shall rely on artificial technologies. It will decrease accidents and operational costs in the transportation sector while minimizing chronic and deadly diseases by identifying them in the health sector.
The Brazil market dominated the LAMEA Generative AI Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $966.3 million by 2028. The Argentina market is experiencing a CAGR of 35.9% during (2022-2028). Additionally, The UAE market would display a CAGR of 34.9% during (2022-2028).
Based on Component, the market is segmented into Software and Service. Based on Technology, the market is segmented into Transformers, Generative Adversarial Networks (GANs), Variational Auto-encoders, and Diffusion Networks. Based on End-use, the market is segmented into Media & Entertainment, BFSI, IT & Telecommunication, Healthcare, Automotive & Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), IBM Corporation, Microsoft Corporation, Adobe, Inc, MOSTLY AI Solutions MP GmbH, Synthesia Limited, Genie AI, Inc, Rephrase.ai, and De-Identification Ltd.
Scope of the Study
By Component
- Software
- Service
By Technology
- Transformers
- Generative Adversarial Networks (GANs)
- Variational Auto-encoders
- Diffusion Networks
By End-Use
- Media & Entertainment
- BFSI
- IT & Telecommunication
- Healthcare
- Automotive & Transportation
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- IBM Corporation
- Microsoft Corporation
- Adobe, Inc
- MOSTLY AI Solutions MP GmbH
- Synthesia Limited
- Genie AI, Inc
- Rephrase.ai
- De-Identification Ltd
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Generative AI Market, by Component
1.4.2 LAMEA Generative AI Market, by Technology
1.4.3 LAMEA Generative AI Market, by End-Use
1.4.4 LAMEA Generative AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA Generative AI Market by Component
4.1 LAMEA Software Market by Country
4.2 LAMEA Service Market by Country
Chapter 5. LAMEA Generative AI Market by Technology
5.1 LAMEA Transformers Market by Country
5.2 LAMEA Generative Adversarial Networks (GANs) Market by Country
5.3 LAMEA Variational Auto-encoders Market by Country
5.4 LAMEA Diffusion Networks Market by Country
Chapter 6. LAMEA Generative AI Market by End-use
6.1 LAMEA Media & Entertainment Market by Country
6.2 LAMEA BFSI Market by Country
6.3 LAMEA IT & Telecommunication Market by Country
6.4 LAMEA Healthcare Market by Country
6.5 LAMEA Automotive & Transportation Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Generative AI Market by Country
7.1 Brazil Generative AI Market
7.1.1 Brazil Generative AI Market by Component
7.1.2 Brazil Generative AI Market by Technology
7.1.3 Brazil Generative AI Market by End-use
7.2 Argentina Generative AI Market
7.2.1 Argentina Generative AI Market by Component
7.2.2 Argentina Generative AI Market by Technology
7.2.3 Argentina Generative AI Market by End-use
7.3 UAE Generative AI Market
7.3.1 UAE Generative AI Market by Component
7.3.2 UAE Generative AI Market by Technology
7.3.3 UAE Generative AI Market by End-use
7.4 Saudi Arabia Generative AI Market
7.4.1 Saudi Arabia Generative AI Market by Component
7.4.2 Saudi Arabia Generative AI Market by Technology
7.4.3 Saudi Arabia Generative AI Market by End-use
7.5 South Africa Generative AI Market
7.5.1 South Africa Generative AI Market by Component
7.5.2 South Africa Generative AI Market by Technology
7.5.3 South Africa Generative AI Market by End-use
7.6 Nigeria Generative AI Market
7.6.1 Nigeria Generative AI Market by Component
7.6.2 Nigeria Generative AI Market by Technology
7.6.3 Nigeria Generative AI Market by End-use
7.7 Rest of LAMEA Generative AI Market
7.7.1 Rest of LAMEA Generative AI Market by Component
7.7.2 Rest of LAMEA Generative AI Market by Technology
7.7.3 Rest of LAMEA Generative AI Market by End-use
Chapter 8. Company Profiles
8.1 Google LLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.2.4.2 Partnerships, Collaborations & Agreements
8.2.5 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Microsoft Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Adobe, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 MOSTLY AI Solutions MP GmbH
8.6.1 Company Overview
8.7 Synthesia Limited
8.7.1 Company Overview
8.8 Genie AI, Inc.
8.8.1 Company Overview
8.9 Rephrase.ai
8.9.1 Company Overview
8.10. De-Identification Ltd.
8.10.1 Company Overview
Companies Mentioned
- Google LLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- IBM Corporation
- Microsoft Corporation
- Adobe, Inc
- MOSTLY AI Solutions MP GmbH
- Synthesia Limited
- Genie AI, Inc
- Rephrase.ai
- De-Identification Ltd
Methodology
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