Generative AI Market Share, Size, Trends, Industry Analysis Report, By Component (Software and Services); By Technology; By End-Use; By Region; Segment Forecast, 2023 - 2032

Generative AI Market Share, Size, Trends, Industry Analysis Report, By Component (Software and Services); By Technology; By End-Use; By Region; Segment Forecast, 2023 - 2032

The global generative AI market size is expected to reach USD 200.73 billion by 2032, according to a new study by Polaris Market Research. The report “Generative AI Market Share, Size, Trends, Industry Analysis Report, By Component (Software and Services); By Technology; By End-Use; By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

An increasing number of technologies like super-resolution, text-to-video conversion, and text-to-image conversion and growing proliferation for the modernization of workflow across several industries and mainly in BFSI and healthcare are key factors influencing the growth of the global market over the anticipated period.

In the last few decades, the IT sector has seen tremendous growth with the rapid adoption of AI-based systems across different verticals to enhance their productivity and agility. Also, the rising popularity of generative AI for assisting chat-bots to hold effective conversations & boosting the satisfaction of consumers is further likely to contribute positively to the growth of the market.

Generative AI has capabilities to make use of unsupervised learning algorithms for effective spam detection and preprocessing of various data stages such as removing noise from visual data to improve the quality of pictures. Hence, various large market players are progressively focusing and investing in the development and introduction of new generative AI platforms and services, which is creating high growth opportunities for the market. For instance, in December 2022, Picsart launched its powerful new generative AI tools that create new objects & scenes in the images. It will serve as very crucial and helpful tools for marketers to place their products in different scenes.

Generative AI Market Report Highlights

Services segment is projected to witness the fastest growth rate during the anticipated period owing to an increase in several concerns related to data losses and security breaches.

Transformers segment held a significant market revenue share in 2022 on account of rapid growth in the adoption of a large number of transformer applications and growing need for natural language processing.

Media & entertainment led the industry in terms of revenue in 2022, which is mainly accelerated by the increasing prevalence of high-quality graphics and real-time virtual creation and use of Ai to create advertisement designs.

North America dominated the market and accounted for a significant share in 2022 due to the continuously growing number of digital fraud activities, especially in financial services companies in countries like U.S. and Canada.

The global key market players include Microsoft Corporation, Hewlett Packed Enterprise Development, Oracle Corporation, NVIDIA, and Salesforce

Polaris Market Research has segmented the generative AI market report based on component, technology, end-use, and region:

Generative AI, Component Outlook (Revenue – USD Billion, 2018 – 2030)

Software

Services

Generative AI, Technology Outlook (Revenue – USD Billion, 2018 – 2030)

Generative Adversarial Networks

Transformers

Variational Auto-encoders

Diffusion Networks

Generative AI, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)

Media & Entertainment

BFSI

IT & Telecommunication

Healthcare

Automotive & Transportation

Others

Generative AI, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

North America

U.S

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Generative AI Market Insights
4.1. Generative AI – Industry Snapshot
4.2. Generative AI Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing demand to modernize workflow across industries
4.2.1.2. Rising applications of novel technologies
4.2.2. Restraints and Challenges
4.2.2.1. Lack of skilled workforce and high implementation cost
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Generative AI Market Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Generative AI Market, by Component
5.1. Key Findings
5.2. Introduction
5.2.1. Global Generative AI Market, by Component, 2019-2032 (USD Billion)
5.3. Software
5.3.1. Global Generative AI Market, by Software, by Region, 2019-2032 (USD Billion)
5.4. Service
5.4.1. Global Generative AI Market, by Service, by Region, 2019-2032 (USD Billion)
6. Global Generative AI Market, by Technology
6.1. Key Findings
6.2. Introduction
6.2.1. Global Generative AI Market, by Technology, 2019-2032 (USD Billion)
6.3. Generative Adversarial Networks
6.3.1. Global Generative AI Market, by Generative Adversarial Networks, by Region, 2019-2032 (USD Billion)
6.4. Transformers
6.4.1. Global Generative AI Market, by Transformers, by Region, 2019-2032 (USD Billion)
6.5. Variational Auto-encoders
6.5.1. Global Generative AI Market, by Variational Auto-encoders, and Aerospace, by Region, 2019-2032 (USD Billion)
6.6. Diffusion Networks
6.6.1. Global Generative AI Market, by Diffusion Networks, by Region, 2019-2032 (USD Billion)
7. Global Generative AI Market, by End-Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Generative AI Market, by End-Use, 2019-2032 (USD Billion)
7.3. Media & Entertainment
7.3.1. Global Generative AI Market, by Media & Entertainment, by Region, 2019-2032 (USD Billion)
7.4. BFSI
7.4.1. Global Generative AI Market, by BFSI, by Region, 2019-2032 (USD Billion)
7.5. IT & Telecommunication
7.5.1. Global Generative AI Market, by IT & Telecommunication, by Region, 2019-2032 (USD Billion)
7.6. Healthcare
7.6.1. Global Generative AI Market, by Healthcare, by Region, 2019-2032 (USD Billion)
7.7. Automotive & Transportation
7.7.1. Global Generative AI Market, by Automotive & Transportation, by Region, 2019-2032 (USD Billion)
7.8. Others
7.8.1. Global Generative AI Market, by Others, by Region, 2019-2032 (USD Billion)
8. Global Generative AI Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Generative AI Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Generative AI Market – North America
8.3.1. North America: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.3.2. North America: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.3.3. North America: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.3.4. Generative AI Market – U.S.
8.3.4.1. U.S.: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.3.5. Generative AI Market – Canada
8.3.5.1. Canada: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.3.5.3. Canada: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4. Generative AI Market – Europe
8.4.1. Europe: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.2. Europe.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.3. Europe: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.4. Generative AI Market – UK
8.4.4.1. UK: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.4.2. UK.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.4.3. UK: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.5. Generative AI Market – France
8.4.5.1. France: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.5.2. France.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.5.3. France: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.6. Generative AI Market – Germany
8.4.6.1. Germany: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.6.3. Germany: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.7. Generative AI Market – Italy
8.4.7.1. Italy: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.7.3. Italy: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.8. Generative AI Market – Spain
8.4.8.1. Spain: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.8.3. Spain: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.9. Generative AI Market – Netherlands
8.4.9.1. Netherlands: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.4.10. Generative AI Market – Russia
8.4.10.1. Russia: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.4.10.3. Russia: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5. Generative AI Market – Asia Pacific
8.5.1. Asia Pacific: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5.4. Generative AI Market – China
8.5.4.1. China: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.4.2. China.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.4.3. China: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5.5. Generative AI Market – India
8.5.5.1. India: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.5.2. India.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.5.3. India: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5.6. Generative AI Market – Malaysia
8.5.6.1. Malaysia: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5.7. Generative AI Market – Japan
8.5.7.1. Japan: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.7.3. Japan: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5.8. Generative AI Market – Indonesia
8.5.8.1. Indonesia: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.5.9. Generative AI Market – South Korea
8.5.9.1. South Korea: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.6. Generative AI Market – Middle East & Africa
8.6.1. Middle East & Africa: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.6.4. Generative AI Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.6.5. Generative AI Market – UAE
8.6.5.1. UAE: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.6.5.3. UAE: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.6.6. Generative AI Market – Israel
8.6.6.1. Israel: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.6.6.3. Israel: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.6.7. Generative AI Market – South Africa
8.6.7.1. South Africa: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.7. Generative AI Market – Latin America
8.7.1. Latin America: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.7.2. Latin America.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.7.3. Latin America: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.7.4. Generative AI Market – Mexico
8.7.4.1. Mexico: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.7.5. Generative AI Market – Brazil
8.7.5.1. Brazil: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Generative AI Market, by Technology, 2019-2032 (USD Billion)
8.7.6. Generative AI Market – Argentina
8.7.6.1. Argentina: Generative AI Market, by Component, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Generative AI Market, by End-Use, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Generative AI Market, by Technology, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Amazon Web Services
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Component Benchmarking
10.1.4. Recent Development
10.2. Microsoft Corporation
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Component Benchmarking
10.2.4. Recent Development
10.3. Genie AI Ltd.
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Component Benchmarking
10.3.4. Recent Development
10.4. Synthesia
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Component Benchmarking
10.4.4. Recent Development
10.5. MOSTLY AI
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Component Benchmarking
10.5.4. Recent Development
10.6. Google LLC
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Component Benchmarking
10.6.4. Recent Development
10.7. Rephrase.ai
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Component Benchmarking
10.7.4. Recent Development
10.8. Adobe
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Component Benchmarking
10.8.4. Recent Development
10.9. Meta
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Component Benchmarking
10.9.4. Recent Development
10.10. Oracle Corporation
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Component Benchmarking
10.10.4. Recent Development
10.11. Alibaba Cloud
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Component Benchmarking
10.11.4. Recent Development
10.12. Baidu
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Component Benchmarking
10.12.4. Recent Development
10.13. Hewlett Packard Enterprise Development
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Component Benchmarking
10.13.4. Recent Development
10.14. Samsung Electronics
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Component Benchmarking
10.14.4. Recent Development
10.15. Intel Corporation
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Component Benchmarking
10.15.4. Recent Development
10.16. Siemens
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Component Benchmarking
10.16.4. Recent Development
10.17. Salesforce
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Component Benchmarking
10.17.4. Recent Development
10.18. NVIDIA
10.18.1. Company Overview
10.18.2. Financial Performance
10.18.3. Component Benchmarking
10.18.4. Recent Development
10.19. SAP SE
10.19.1. Company Overview
10.19.2. Financial Performance
10.19.3. Component Benchmarking
10.19.4. Recent Development
10.20. SAS Institute
10.20.1. Company Overview
10.20.2. Financial Performance
10.20.3. Component Benchmarking
10.20.4. Recent Development

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