Generative AI Market
Generative AI Market - Global Industry Assessment & Forecast
#
Pages:
198
Base Year:
2023
Mar - 2024
Format:
Report Code:
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
Generative AI Market Segment Analysis
- Generative AI Offering Outlook (Revenue, USD Million, 2018 - 2030)
- Software
- Services
- Generative AI Application Outlook (Revenue, USD Million, 2018 - 2030)
- Business Function
- Data Modality
- Generative AI Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Generative AI Market, by Offering
- Software
- Services
-
North America Generative AI Market, by Application
- Business Function
- Data Modality
-
North America Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- U.S.
- U.S. Generative AI Market, by Offering
- Software
- Services
- U.S. Generative AI Market, by Application
- Business Function
- Data Modality
- U.S. Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- U.S. Generative AI Market, by Offering
- Canada
- Canada Generative AI Market, by Offering
- Software
- Services
- Canada Generative AI Market, by Application
- Business Function
- Data Modality
- Canada Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Canada Generative AI Market, by Offering
-
Mexico
- Mexico Generative AI Market, by Offering
- Software
- Services
- Mexico Generative AI Market, by Application
- Business Function
- Data Modality
- Mexico Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Mexico Generative AI Market, by Offering
-
North America Generative AI Market, by Offering
- Europe
-
Europe Generative AI Market, by Offering
- Software
- Services
-
Europe Generative AI Market, by Application
- Business Function
- Data Modality
-
Europe Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- U. K.
- U.K. Generative AI Market, by Offering
- Software
- Services
- U.K. Generative AI Market, by Application
- Business Function
- Data Modality
- U.K. Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- U.K. Generative AI Market, by Offering
- France
- France Generative AI Market, by Offering
- Software
- Services
- France Generative AI Market, by Application
- Business Function
- Data Modality
- France Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- France Generative AI Market, by Offering
-
Germany
- Germany Generative AI Market, by Offering
- Software
- Services
- Germany Generative AI Market, by Application
- Business Function
- Data Modality
- Germany Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Germany Generative AI Market, by Offering
-
Italy
- Italy Generative AI Market, by Offering
- Software
- Services
- Italy Generative AI Market, by Application
- Business Function
- Data Modality
- Italy Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Italy Generative AI Market, by Offering
-
Spain
- Spain Generative AI Market, by Offering
- Software
- Services
- Spain Generative AI Market, by Application
- Business Function
- Data Modality
- Spain Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Spain Generative AI Market, by Offering
-
Rest of Europe
- Rest of Europe Generative AI Market, by Offering
- Software
- Services
- Rest of Europe Generative AI Market, by Application
- Business Function
- Data Modality
- Rest of Europe Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Rest of Europe Generative AI Market, by Offering
-
Europe Generative AI Market, by Offering
- Asia Pacific
-
Asia Pacific Generative AI Market, by Offering
- Software
- Services
-
Asia Pacific Generative AI Market, by Application
- Business Function
- Data Modality
-
Asia Pacific Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- China
- China Generative AI Market, by Offering
- Software
- Services
- China Generative AI Market, by Application
- Business Function
- Data Modality
- China Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- China Generative AI Market, by Offering
- Japan
- Japan Generative AI Market, by Offering
- Software
- Services
- Japan Generative AI Market, by Application
- Business Function
- Data Modality
- Japan Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Japan Generative AI Market, by Offering
-
Germany
- Germany Generative AI Market, by Offering
- Software
- Services
- Germany Generative AI Market, by Application
- Business Function
- Data Modality
- Germany Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Germany Generative AI Market, by Offering
-
India
- India Generative AI Market, by Offering
- Software
- Services
- India Generative AI Market, by Application
- Business Function
- Data Modality
- India Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- India Generative AI Market, by Offering
-
South Korea
- South Korea Generative AI Market, by Offering
- Software
- Services
- South Korea Generative AI Market, by Application
- Business Function
- Data Modality
- South Korea Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- South Korea Generative AI Market, by Offering
-
South East Asia
- South East Asia Generative AI Market, by Offering
- Software
- Services
- South East Asia Generative AI Market, by Application
- Business Function
- Data Modality
- South East Asia Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- South East Asia Generative AI Market, by Offering
-
Rest of Asia Pacific
- Rest of Asia Pacific Generative AI Market, by Offering
- Software
- Services
- Rest of Asia Pacific Generative AI Market, by Application
- Business Function
- Data Modality
- Rest of Asia Pacific Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Rest of Asia Pacific Generative AI Market, by Offering
-
Asia Pacific Generative AI Market, by Offering
- Latin America
-
Latin America Generative AI Market, by Offering
- Software
- Services
-
Latin America Generative AI Market, by Application
- Business Function
- Data Modality
-
Latin America Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Brazil
- Brazil Generative AI Market, by Offering
- Software
- Services
- Brazil Generative AI Market, by Application
- Business Function
- Data Modality
- Brazil Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Brazil Generative AI Market, by Offering
- Argentina
- Argentina Generative AI Market, by Offering
- Software
- Services
- Argentina Generative AI Market, by Application
- Business Function
- Data Modality
- Argentina Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Argentina Generative AI Market, by Offering
-
Rest of Latin America
- Rest of Latin America Generative AI Market, by Offering
- Software
- Services
- Rest of Latin America Generative AI Market, by Application
- Business Function
- Data Modality
- Rest of Latin America Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Rest of Latin America Generative AI Market, by Offering
-
Latin America Generative AI Market, by Offering
- Middle East & Africa
-
Middle East & Africa Generative AI Market, by Offering
- Software
- Services
-
Middle East & Africa Generative AI Market, by Application
- Business Function
- Data Modality
-
Middle East & Africa Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- GCC Countries
- GCC Countries Generative AI Market, by Offering
- Software
- Services
- GCC Countries Generative AI Market, by Application
- Business Function
- Data Modality
- GCC Countries Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- GCC Countries Generative AI Market, by Offering
- South Africa
- South Africa Generative AI Market, by Offering
- Software
- Services
- South Africa Generative AI Market, by Application
- Business Function
- Data Modality
- South Africa Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- South Africa Generative AI Market, by Offering
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Generative AI Market, by Offering
- Software
- Services
- Rest of Middle East & Africa Generative AI Market, by Application
- Business Function
- Data Modality
- Rest of Middle East & Africa Generative AI Market, by Vertical
- Media & Entertainment
- BFSI
- Healthcare & Life Sciences
- Manufacturing
- Retail & eCommerce
- Transporaton & Logistics
- Construction & Real Estate
- Energy & Utilities
- Government & Defense
- IT & ITeS
- Telecom
- Others
- Rest of Middle East & Africa Generative AI Market, by Offering
-
Middle East & Africa Generative AI Market, by Offering
- North America
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.
