MarkNtel Advisors has just published a new research report titled "Generative AI Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.

What insights and analysis does the report provide on the Generative AI market from 2024 to 2030?

The Global Generative AI Market size was valued at around USD 12 million in 2022 and is estimated to grow at a CAGR of about 29.6% during the forecast period, i.e., 2024-30.

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Generative AI Market by Segments

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

A comprehensive report on the Generative AI Market is available now- https://www.marknteladvisors.com/research-library/generative-ai-market.html

Generative AI Market Report Segment by Regions

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

What are the opportunity in the global Generative AI Market?

Rapid Expansion of Large Language Models (LLMs) to Create Opportunistic Arena for the Progression – Innovation in large language models & other generative language modeling tools are streamlining content establishment. LLMs are deep-learning algorithms that can perform a wide range of tasks in natural language processing & tremendously huge data sets to summarize, generate, understand, and estimate new content. They strengthen many systems such as Google’s LaMDA, OpenAI’s GPT-3 & GPT-4 (text), Meta's LLaMA (chat & code) and help to inspire Open AI’S DALL-E and Mid journey (text-t-image). LLMs have increased over the years with an average of 10x in size and sophistication, which is a profitable opportunity for the LLMs & Generative AI Market.

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Who are the key players in the Generative AI Market?

• 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

Questions Addressed in this Study

1. What factors are driving the Generative AI Market growth?
2. How is the Generative AI Market expected to grow over the next five years?
3. What are the key insights into the current trends in the Generative AI Market?
4. What is the current size of the Generative AI Market, and how is it projected to change in the future?
5. What is the future outlook for the Generative AI Market in terms of technological advancements and market expansion?

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Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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