Generative AI Market

Generative AI Market - Global Industry Assessment & Forecast

Technology & Media

# 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

Standard License

$ 4299 USD

Multi User License

$ 6599 USD

Enterprise License

$ 6999 USD

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

Executive Dashboard
1. Strategic Imperatives
Premium Insights
1. Top 3 Trends to Watch
2. Demand and Supply Trends
3. Top 3 Strategies Followed by Major Players
4. Top 3 Predictions by Vantage Market Research
5. Top Investment Pockets
6. Insights from Primary Respondents
Global Generative AI Market - Segment Analysis
1. Overview
2. Global Generative AI Market, 2016 - 2028 (USD Million)
3. Global Generative AI Market - by Offering
  1. By Software
  2. By Services
4. Global Generative AI Market - by Application
  1. By Business Function
  2. By Data Modality
5. Global Generative AI Market - by Vertical
  1. By Media & Entertainment
  2. By BFSI
  3. By Healthcare & Life Sciences
  4. By Manufacturing
  5. By Retail & eCommerce
  6. By Transporaton & Logistics
  7. By Construction & Real Estate
  8. By Energy & Utilities
  9. By Government & Defense
  10. By IT & ITeS
  11. By Telecom
  12. By Others
6. Global Generative AI Market - by region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
7. Market comparative analysis
North America Generative AI Market - Segment Analysis
1. Overview
2. North America Generative AI Market, 2016 - 2028 (USD Million)
3. North America Generative AI Market, by Offering
  1. By Software
  2. By Services
4. North America Generative AI Market, by Application
  1. By Business Function
  2. By Data Modality
5. North America Generative AI Market, by Vertical
  1. By Media & Entertainment
  2. By BFSI
  3. By Healthcare & Life Sciences
  4. By Manufacturing
  5. By Retail & eCommerce
  6. By Transporaton & Logistics
  7. By Construction & Real Estate
  8. By Energy & Utilities
  9. By Government & Defense
  10. By IT & ITeS
  11. By Telecom
  12. By Others
6. North America Generative AI Market, by Country
  1. U.S.
    1. U.S. Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. U.S. Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. U.S. Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  2. Canada
    1. Canada Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Canada Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Canada Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  3. Mexico
    1. Mexico Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Mexico Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Mexico Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
Europe Generative AI Market - Segment Analysis
1. Overview
2. Europe Generative AI Market, 2016 - 2028 (USD Million)
3. Europe Generative AI Market, by Offering
  1. By Software
  2. By Services
4. Europe Generative AI Market, by Application
  1. By Business Function
  2. By Data Modality
5. Europe Generative AI Market, by Vertical
  1. By Media & Entertainment
  2. By BFSI
  3. By Healthcare & Life Sciences
  4. By Manufacturing
  5. By Retail & eCommerce
  6. By Transporaton & Logistics
  7. By Construction & Real Estate
  8. By Energy & Utilities
  9. By Government & Defense
  10. By IT & ITeS
  11. By Telecom
  12. By Others
6. Europe Generative AI Market, by Country
  1. Germany
    1. Germany Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Germany Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Germany Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  2. UK
    1. UK Market, By Offering
      1. By Software
      2. By Services
    2. UK Market, By Application
      1. By Business Function
      2. By Data Modality
    3. UK Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  3. France
    1. France Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. France Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. France Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  4. Spain
    1. Spain Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Spain Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Spain Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  5. Italy
    1. Italy Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Italy Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Italy Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  6. BENELUX
    1. BENELUX Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. BENELUX Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. BENELUX Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  7. Rest of Europe
    1. Rest Of Europe Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Rest Of Europe Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Rest Of Europe Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
Asia Pacific Generative AI Market - Segment Analysis
1. Overview
2. Asia Pacific Generative AI Market, 2016 - 2028 (USD Million)
3. Asia Pacific Generative AI Market, by Offering
  1. By Software
  2. By Services
4. Asia Pacific Generative AI Market, by Application
  1. By Business Function
  2. By Data Modality
5. Asia Pacific Generative AI Market, by Vertical
  1. By Media & Entertainment
  2. By BFSI
  3. By Healthcare & Life Sciences
  4. By Manufacturing
  5. By Retail & eCommerce
  6. By Transporaton & Logistics
  7. By Construction & Real Estate
  8. By Energy & Utilities
  9. By Government & Defense
  10. By IT & ITeS
  11. By Telecom
  12. By Others
6. Asia Pacific Generative AI Market, by Country
  1. China
    1. China Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. China Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. China Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  2. Japan
    1. Japan Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Japan Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Japan Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  3. India
    1. India Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. India Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. India Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  4. South Korea
    1. South Korea Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. South Korea Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. South Korea Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  5. South East Asia
    1. South East Asia Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. South East Asia Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. South East Asia Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  6. Rest of Asia Pacific
    1. Rest of Asia Pacific Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Rest of Asia Pacific Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Rest of Asia Pacific Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
Latin America Generative AI Market - Segment Analysis
1. Overview
2. Latin America Generative AI Market, 2016 - 2028 (USD Million)
3. Latin America Generative AI Market, by Offering
  1. By Software
  2. By Services
4. Latin America Generative AI Market, by Application
  1. By Business Function
  2. By Data Modality
5. Latin America Generative AI Market, by Vertical
  1. By Media & Entertainment
  2. By BFSI
  3. By Healthcare & Life Sciences
  4. By Manufacturing
  5. By Retail & eCommerce
  6. By Transporaton & Logistics
  7. By Construction & Real Estate
  8. By Energy & Utilities
  9. By Government & Defense
  10. By IT & ITeS
  11. By Telecom
  12. By Others
6. Latin America Generative AI Market, by Country
  1. Brazil
    1. Brazil Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Brazil Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Brazil Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  2. Argentina
    1. Argentina Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Argentina Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Argentina Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  3. Rest of Latin America
    1. Rest of Latin America Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Rest of Latin America Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Rest of Latin America Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
Middle East & Africa Generative AI Market - Segment Analysis
1. Overview
2. Middle East & Africa Generative AI Market, 2016 - 2028 (USD Million)
3. Middle East & Africa Generative AI Market, by Offering
  1. By Software
  2. By Services
4. Middle East & Africa Generative AI Market, by Application
  1. By Business Function
  2. By Data Modality
5. Middle East & Africa Generative AI Market, by Vertical
  1. By Media & Entertainment
  2. By BFSI
  3. By Healthcare & Life Sciences
  4. By Manufacturing
  5. By Retail & eCommerce
  6. By Transporaton & Logistics
  7. By Construction & Real Estate
  8. By Energy & Utilities
  9. By Government & Defense
  10. By IT & ITeS
  11. By Telecom
  12. By Others
6. Middle East & Africa Generative AI Market, by Country
  1. GCC Countries
    1. GCC Countries Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. GCC Countries Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. GCC Countries Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  2. South Africa
    1. South Africa Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. South Africa Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. South Africa Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
  3. Rest of Middle East & Africa
    1. Rest of Middle East & Africa Generative AI Market, By Offering
      1. By Software
      2. By Services
    2. Rest of Middle East & Africa Generative AI Market, By Application
      1. By Business Function
      2. By Data Modality
    3. Rest of Middle East & Africa Generative AI Market, By Vertical
      1. By Media & Entertainment
      2. By BFSI
      3. By Healthcare & Life Sciences
      4. By Manufacturing
      5. By Retail & eCommerce
      6. By Transporaton & Logistics
      7. By Construction & Real Estate
      8. By Energy & Utilities
      9. By Government & Defense
      10. By IT & ITeS
      11. By Telecom
      12. By Others
Key Market Dynamics
1. Introduction
2. Market Drivers
3. Market Restraints
4. Market Opportunities
5. Porter's Five Forces Analysis
6. PEST Analysis
7. Regulatory Landscape
8. Technology Landscape
9. Regional Market Trends
COVID 19 Impact Analysis
1. Key strategies undertaken by companies to tackle COVID-19
2. Short term dynamics
3. Long term dynamics
Marketing Stratagy Analysis
1. Marketing Channel
2. Direct Marketing
3. Indirect Marketing
4. Marketing Channel Development Trends
Competative Landscape
1. Competition Matrix - 2021
2. Company Market Share Analysis - 2021
3. Key Company Activities, 2018 - 2021
4. Strategic Developments - Heat Map Analysis
5. Company Offering Evaluation
6. Company Regional Presence Evaluation
Company Profiles
1. Microsoft
2. IBM
3. Google
4. AWS
5. META
6. Adobe
7. OpenAI
8. Insilico Medicine
9. Simplified
10. Genie AI
11. Lightricks
12. Lumen5
13. Giphy
14. Dialpad
15. Persado
16. Codacy
17. Paige AI
18. Riffusion
19. PlayHT
20. Speechify
21. Media io
22. Midjourney
23. FireFlies
24. Brandmark.io
25. Morphis Technologies
26. Synthesia
27. Mostly AI
28. Veesual
29. Deep AI
30. Galileo AI
31. Formula Bot
32. JetBrains
33. Character AI
34. Hypotenuse AI
35. Viable
36. Defog.ai
37. Zeta Alpha
38. DeepSearch Labs
39. Writesonic
40. AmberSearch
41. Floworks
42. Inventive AI
43. Sonnet
44. Flair Labs
45. Gloo
46. Olli.AI
47. Hightime AI
48. GFP-GAN
49. Fontjoy
50. Eleuther AI
51. StarryAI
52. and Magic Studio.
Key Primary Respondents - VERBATIM
Discussion Guide
Customization Offered
Annexure
List of Figures
List of Tables
List of Abbreviations

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.

Generative AI Market

Generative AI Market - Global Industry Assessment & Forecast

Technology & Media

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Generative AI in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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Generative AI Market

Generative AI Market - Global Industry Assessment & Forecast

Technology & Media

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Generative AI in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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