Global General Purpose Artificial Intelligence (GPAI) Market Growth (Status and Outlook) 2024-2030

Global General Purpose Artificial Intelligence (GPAI) Market Growth (Status and Outlook) 2024-2030

General Purpose Artificial Intelligence (GPAI) refers to AI Systems that have a wide range of possible uses, both intended and unintended by the developers. They can be applied to many different tasks in various fields, often without substantial modification and fine-tuning.

The global General Purpose Artificial Intelligence (GPAI) market size is projected to grow from US$ 20270 million in 2024 to US$ 97370 million in 2030; it is expected to grow at a CAGR of 29.9% from 2024 to 2030.

LPI (LP Information)' newest research report, the “General Purpose Artificial Intelligence (GPAI) Industry Forecast” looks at past sales and reviews total world General Purpose Artificial Intelligence (GPAI) sales in 2022, providing a comprehensive analysis by region and market sector of projected General Purpose Artificial Intelligence (GPAI) sales for 2023 through 2029. With General Purpose Artificial Intelligence (GPAI) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world General Purpose Artificial Intelligence (GPAI) industry.

This Insight Report provides a comprehensive analysis of the global General Purpose Artificial Intelligence (GPAI) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on General Purpose Artificial Intelligence (GPAI) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global General Purpose Artificial Intelligence (GPAI) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for General Purpose Artificial Intelligence (GPAI) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global General Purpose Artificial Intelligence (GPAI).

Global core manufacturers of General Purpose Artificial Intelligence (GPAI) include Google, OpenAI, IBM, Oracle and Dell. US & Canada is the largest consumption region, accounting for approximately 42% of the global market. In terms of type, machine learning is the largest market segment, with a share of more than 53%. In terms of application, the largest application is smart manufacturing, with a share of approximately 25%.

This report presents a comprehensive overview, market shares, and growth opportunities of General Purpose Artificial Intelligence (GPAI) market by product type, application, key players and key regions and countries.

Segmentation by Type:
Machine Learning
Natural Language Processing
Computer Vision
Other

Segmentation by Application:
Smart Manufacturing
Financial Services
Medical and Health
Automotive and Transportation
Media and Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Machine Learning
Natural Language Processing
Computer Vision
Other

Segmentation by Application:
Smart Manufacturing
Financial Services
Medical and Health
Automotive and Transportation
Media and Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google
OpenAI
IBM
Oracle
Dell
Hewlett Packard Enterprise
Amazon Web Services
Intel
Microsoft
Nvidia
SAS Institute
SAP
Baidu
HUAWEI
Databricks
Qualcomm Technologies
Dataiku

Please note: The report will take approximately 2 business days to prepare and deliver.