Generative AI Market Expected to Expand at a Remarkable CAGR of 31.2% Through 2025-2030

Generative AI

Overview of Generative AI Market Size & Future Outlook

According to the latest report by MarkNtel Advisors, the Global Generative AI Market size is estimated to grow at a CAGR of around 31.2% from 2025-2030. This report is designed to enhance user understanding and support informed decision-making by thoroughly analyzing key market shifts, identifying gaps, exploring emerging opportunities, and assessing industry trends and competitive challenges. By combining both qualitative and quantitative data, it offers a comprehensive overview, highlighting growth prospects and providing valuable insights into competitors, helping both established companies and new entrants navigate the current market landscape.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/generative-ai-market.html

What are the key drivers influencing the growth of the Generative AI market?

This section provides a detailed analysis of the market drivers and factors is explored thoroughly below.

Growing Demand for Personalized & Engaging Digital Content – The generative AI requirements are primarily driven by the increasing demand for personalized and engaging digital content because of some interconnected variables. Businesses must use AI-driven solutions that can analyze user data and produce content tailored to individual interests as customers want more and more personalized experiences.

Additionally, as social media and virtual advertising have grown in popularity, competition has reached a different level, forcing companies to create greater enticing content to capture the target market. According to a HubSpot survey, around 72% of clients said they favor engaging with tailor-made content, demonstrating the importance of this sort of content in increasing user engagement and conversion rates. The best generative AI tools also expedite the process of content creation and save time & money while increasing creativity.

These developments are especially helpful to the entertainment, advertising, and e-commerce sectors as they use AI to provide personalized shopping experiences, targeted advertisements, and immersive storylines. The Global Generative AI Market size & volume is expected to reach new heights as long as businesses prioritize customization to cultivate consumer loyalty. This is because a continuously changing digital world increases the demand for innovative & creative content.

How is the Generative AI market segmented and what are the key factors within each segment?

The Generative AI market has been further segmented into distinct categories. Analyzing growth within these segments allows you to identify niche opportunities, develop targeted strategies, and understand the variations in your core application areas and target markets.

By Component

  • Software- Market Size & Forecast 2019-2030F, USD Million
  • Service- Market Size & Forecast 2019-2030F, USD Million

By Technology

  • Generative Adversarial Networks (GANs)- Market Size & Forecast 2019-2030F, USD Million
  • Transformers- Market Size & Forecast 2019-2030F, USD Million
  • Variational Autoencoder (VAE)- Market Size & Forecast 2019-2030F, USD Million
  • Diffusion Networks- Market Size & Forecast 2019-2030F, USD Million
  • Retrieval Augmented Generation- Market Size & Forecast 2019-2030F, USD Million

By Application- Market Size & Forecast 2019-2030F, USD Million

  • Computer Vision- Market Size & Forecast 2019-2030F, USD Million
  • NLP- Market Size & Forecast 2019-2030F, USD Million
  • Robotics & Automation- Market Size & Forecast 2019-2030F, USD Million
  • Content Generation- Market Size & Forecast 2019-2030F, USD Million
  • Others (Chatbots & Intelligent Virtual Assistants, Predictive Analysis, etc.)- Market Size & Forecast 2019-2030F, USD Million

By Model

  • Large Language Models- Market Size & Forecast 2019-2030F, USD Million
  • Image & Video Generative Models- Market Size & Forecast 2019-2030F, USD Million
  • Multi-model Generative Models- Market Size & Forecast 2019-2030F, USD Million
  • Others (Text-to-Text Generative Models, Audio Generative Models, etc.)- Market Size & Forecast 2019-2030F, USD Million

By End User

  • Media & Entertainment- Market Size & Forecast 2019-2030F, USD Million
  • BFSI- Market Size & Forecast 2019-2030F, USD Million
  • Healthcare- Market Size & Forecast 2019-2030F, USD Million
  • IT & Telecom- Market Size & Forecast 2019-2030F, USD Million
  • Others (Automotive & Transportation, Gaming, etc.)- Market Size & Forecast 2019-2030F, USD Million

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/generative-ai-market.html

Who are the Key Market Players in the Generative AI industry?

The competitive landscape of the Generative AI market provides a detailed look at the key players in the industry. This includes an overview of each company, their financial performance, revenue generation, and market potential. It also covers their investments in R&D, new market initiatives, production facilities, and strengths and weaknesses. Additionally, the analysis looks at recent product launches, approvals, the range of products offered, their dominance in different applications, and the product life cycle. All of this information is specifically focused on how each company is positioning itself within the market.

Several key players are actively operating in the market, including

  • IBM Corporation
  • Google LLC
  • Amazon Web Services
  • Adobe
  • Microsoft Corporation
  • ai
  • Meta
  • Genie AI Ltd.
  • MOSTLY AI Inc.
  • NVIDIA
  • Insilico Medicine
  • Open AI
  • Synthesia
  • Giphy
  • Lumen 5
  •  

Market Advancement by Leading Companies:

  • October 2024: Infosys declared an expansion of its collaboration with Microsoft Corporation to drive the adoption of generative AI & Microsoft Azure globally. It is a strategic partnership that aims to help customers realize the value of their investment in technology and achieve transformative results across various industries.

Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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