The global market for Generative Artificial Intelligence (AI) is estimated at US$12.0 Billion in 2023 and is projected to reach US$86.4 Billion by 2030, growing at a CAGR of 32.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Media, politics, and security sectors will face challenges from hyper-realistic deepfakes, potentially leading to misinformation campaigns. This will necessitate the development of counter-AI tools and verification systems. Online shopping could include AI-generated virtual try-ons, personalized product suggestions based on deep user profiling, or even products designed on-the-fly based on user preferences. Beyond drug discovery, GAI can tailor medical treatments to individuals, potentially revolutionizing personalized medicine. As AI models become more efficient and edge computing grows, we might see decentralized generative AI applications, which will transform industries reliant on on-the-go insights, like agriculture and local supply chains. As generative AI breaks barriers, entirely new business models may emerge, much like how the internet gave rise to e-commerce or streaming services. The development and accessibility of more powerful computation hardware and infrastructure mean that even more complex and resource-intensive generative models can be trained and deployed more widely.
Media, politics, and security sectors will face challenges from hyper-realistic deepfakes, potentially leading to misinformation campaigns. This will necessitate the development of counter-AI tools and verification systems. Online shopping could include AI-generated virtual try-ons, personalized product suggestions based on deep user profiling, or even products designed on-the-fly based on user preferences. Beyond drug discovery, GAI can tailor medical treatments to individuals, potentially revolutionizing personalized medicine. As AI models become more efficient and edge computing grows, we might see decentralized generative AI applications, which will transform industries reliant on on-the-go insights, like agriculture and local supply chains. As generative AI breaks barriers, entirely new business models may emerge, much like how the internet gave rise to e-commerce or streaming services. The development and accessibility of more powerful computation hardware and infrastructure mean that even more complex and resource-intensive generative models can be trained and deployed more widely.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Generative AI Software segment, which is expected to reach US$41.8 Billion by 2030 with a CAGR of a 28.4%. The Generative AI Services segment is also set to grow at 37.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $4.2 Billion in 2023, and China, forecasted to grow at an impressive 38.4% CAGR to reach $11.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Generative Artificial Intelligence (AI) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Generative Artificial Intelligence (AI) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Generative Artificial Intelligence (AI) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 1910 Genetics, 2UP Games, 521 Products Pty Ltd. (SmartWriter), and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 778 Featured):
- 1910 Genetics
- 2UP Games
- 521 Products Pty Ltd. (SmartWriter)
- 6 Sense Insights, Inc.
- A-Alpha Bio
- Ace IT Edu, Inc.
- Ada Support Inc.
- AdCreative
- Adept AI AdmitHub, Inc. (Mainstay)
- AdsGency AI, Inc.
- Affiniti AI
- Aflorithmic (AudioStack)
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISUNITED STATESCANADAJAPANCHINAEUROPEFRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPEASIA-PACIFICREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Companies Mentioned
- 1910 Genetics
- 2UP Games
- 521 Products Pty Ltd. (SmartWriter)
- 6 Sense Insights, Inc.
- A-Alpha Bio
- Ace IT Edu, Inc.
- Ada Support Inc.
- AdCreative
- Adept AI AdmitHub, Inc. (Mainstay)
- AdsGency AI, Inc.
- Affiniti AI
- Aflorithmic (AudioStack)
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 1195 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 12 Billion |
| Forecasted Market Value ( USD | $ 86.4 Billion |
| Compound Annual Growth Rate | 32.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
