Generative AI market
The global generator AI market reached USD 11.1 billion in 2022 and is expected to reach 52.6 billion USD by 2031, increasing with a TCAC of 35.7% during the 2024-2031 forecast period.
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The generative AI refers to a type of artificial intelligence that can create new content, such as text, images, music or even video, learning models from existing data. Using advanced models such as neural networks, it has applications in various industries, including creative fields, health care and software development, allowing innovation and automation of complex tasks.
List of main players in the AI generator market:
Adobe Inc., Amazon Web Services, Inc., Genie AI LTD., Google LLC, IBM Corporation, Microsoft Corporation, mainly AI Inc., REPHRASE.AI, SYNTHESIA and SPEETIFY.
Industry development:
In April 2023, Microsoft joined Epic Systems to integrate AI and language model tools into EPIC electronic health folder software. Collaboration aims to take advantage of generative AI to improve the efficiency of health care providers and reduce administrative expenses.
Projected growth forecasts:
The global generating AI market should increase at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market increased at a regular rate, and with the growing adoption of strategies by key players, the market should increase compared to the planned horizon.
Research process:
Primary and secondary data sources have been used in the AI global market study report. During the research process, a wide range of factors affecting industry are examined, in particular government regulations, market conditions, competitive levels, historical data, market situation, technological progress, future developments, in related businesses, as well as market volatility, prospects, potential obstacles and challenges.
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Covered segment on the AI generator market:
By component: software, services
By technology: generative opponent networks (GAN), transformers, variational autocoders, diffusion networks
By model: large language models, generative image and video models, multimodal generative models, others
By application: computer vision, natural language processing (NLP), robotics and automation, content generation, chatbots and intelligent virtual assistants, predictive analysis, others
By the end user: Media & Entertainment, BFSI, IT & Telecommunications, automobile and transport, health care, games, others
Regional analysis for the generator AI market:
The regional analysis of the AI generator market covers key regions, including North America, Europe, Middle East Asia-Pacific and Africa and South America. North America by emphasizing the United States, Canada and Mexico; Europe, highlighting large countries such as the United Kingdom, Germany, France and Italy, as well as other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea and Australia, among others; South America, emphasizing Colombia, Brazil and Argentina; And the Middle East and Africa, which includes Saudi Arabia, the United Arab Emirates, South Africa and other countries. This complete regional breakdown makes it possible to identify unique market trends and growth opportunities specific to each field.
⇥ North America (United States, Canada, Mexico)
⇥ Europe (United Kingdom, Italy, Germany, Russia, France, Spain, Netherlands and the rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia remains from Asia-Pacific)
⇥ South America (Colombia, Brazil, Argentina, rest of South America)
⇥ Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, remains of the Middle East and Africa)
Advantages of the report:
➡ A descriptive analysis of the demand for demand for demand, estimation of market size, Swot analysis, analysis of pestels and forecasts on the world market.
➡ Descending and ascending approach for regional analysis
➡ The five -forces model to wear gives an in -depth analysis of buyers and suppliers, threats of new entrants and substitutes and competition between the main market players.
➡ By understanding the analysis of the value chain, stakeholders can obtain a clear and detailed image of this market
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People also ask:
➠ What is the global value of sales, production, consumption, import and export of the generative AI market?
➠ Who are the main manufacturers of the world generator AI industry? What is their operational status in terms of capacity, production, sales, price, costs, gross margin and income?
➠ What opportunities and challenges sellers in the world generator industry are confronted?
➠ What applications, end users or products should be seen? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the generative AI market?
➠ What are the different sales, marketing and distribution channels in the global industry?
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