Generative AI Market
Generative AI Market - Global Industry Assessment & Forecast
#
Pages:
198
2023
Mar - 2024
VMR-2447
Segments Covered
By
Offering Software, Services
-
By
Application Business Function, Data Modality
-
By
Vertical Media & Entertainment, BFSI, Healthcare & Life Sciences, Manufacturing, Retail & eCommerce, Transporaton & Logistics, Construction & Real Estate, Energy & Utilities, Government & Defense, IT & ITeS, Telecom, Others
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 11.5 Billion |
 Revenue 2032:
|
USD 140.02 Billion |
 Revenue CAGR
(2024 - 2032): |
32.01% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2018 to 2022 |
| 3. | Forecast Data | 2024 to 2032 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Generative AI in terms of revenue?
-
The global Generative AI valued at USD 11.5 Billion in 2023 and is expected to reach USD 140.02 Billion in 2032 growing at a CAGR of 32.01%.
Which are the prominent players in the market?
-
The prominent players in the market are Microsoft, IBM, Google, AWS, META, Adobe, OpenAI, Insilico Medicine, Simplified, Genie AI, Lightricks, Lumen5, Giphy, Dialpad, Persado, Codacy, Paige AI, Riffusion, PlayHT, Speechify, Media io, Midjourney, FireFlies, Brandmark.io, Morphis Technologies, Synthesia, Mostly AI, Veesual, Deep AI, Galileo AI, Formula Bot, JetBrains, Character AI, Hypotenuse AI, Viable, Defog.ai, Zeta Alpha, DeepSearch Labs, Writesonic, AmberSearch, Floworks, Inventive AI, Sonnet, Flair Labs, Gloo, Olli.AI, Hightime AI, GFP-GAN, Fontjoy, Eleuther AI, StarryAI, and Magic Studio..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 32.01% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Generative AI include
- A primary driver for the growth of the {{Keyword}} market is the evolution of AI and deep learning
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Generative AI in 2023.
