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Generative AI Market Share

Report ID: GMI6094
Published Date: Jul 2024
Report Format: PDF

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Generative AI Market Share

Some of the major companies operating in the generative AI industry are:

Adobe Inc.
Amazon Web Services (AWS)
Google LLC (Alphabet Inc.)
IBM Corporation
Microsoft Corporation
NVIDIA Corporation
Autodesk, Inc

These companies are focused on strategic partnerships, new service launches, and commercialization efforts for market expansion. They are heavily investing in research to introduce innovative services and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of generative AI reached USD 12.1 billion in 2023 and is poised to witness 30% CAGR through 2032, as the technology drive workflow modernization in various industries.

The solution segment held around USD 6.8 billion revenue in 2023, backed by the growing fraudulent activities, the overestimation of capabilities, unexpected outcomes, and rising concerns about data privacy.

North America market was over 30% of the revenue share in 2023, owing to the rise in fake medical care claims and pseudo-imagination as well as increasing banking frauds.

Adobe Inc., Amazon Web Services (AWS), Google LLC (Alphabet Inc.), IBM Corporation, Microsoft Corporation, NVIDIA Corporation, and Autodesk, Inc.