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[Latest] Global Generative AI Market Size/Share Worth USD 189,649.7 Million by 2033 at a 28.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, Aug. 01, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled Generative AI Market Size, Trends and Insights By Offering (Software, Services, Hardware), By Application (Design and Creativity, Graphic Design, Music Composition, Storytelling, Content Generation, Text Generation, Image Generation, Video Generation, Simulation and Modeling, Engineering, Weather Forecasting, Medical Research, Gaming and Entertainment, Game Content Generation, Virtual Environment Creation, Interactive Experience Design, Optimization and Planning, Resource Allocation, Strategic Planning, Operations Optimization, Personalization and Recommendation, E-commerce, Content Streaming, Social Media), By Vertical (Healthcare, Automotive, Retail and E-commerce, Finance, Manufacturing, Media and Entertainment, Architecture and Construction, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 in its research database.

“According to the latest research study, the demand of global Generative AI Market size & share was valued at approximately USD 15,815.1 Million in 2023 and is expected to reach USD 20,275.1 Million in 2024 and is expected to reach a value of around USD 189,649.7 Million by 2033, at a compound annual growth rate (CAGR) of about 28.2% during the forecast period 2024 to 2033.”

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Generative AI Market: Growth Factors and Dynamics

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Generative AI Market: Partnership and Acquisitions

Report Scope

Feature of the Report Details
Market Size in 2024 USD 20,275.1 Million
Projected Market Size in 2033 USD 189,649.7 Million
Market Size in 2023 USD 15,815.1 Million
CAGR Growth Rate 28.2% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Offering, Application, Vertical and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Generative AI report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

(Please note that the sample of the Generative AI report has been modified to include the COVID-19 impact study prior to delivery.)

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Generative AI Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the Generative AI Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

In conclusion, the COVID-19 pandemic has had a mixed impact on the Generative AI Market, with some challenges and opportunities arising from the pandemic.

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Key questions answered in this report:

Key Offerings:

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Generative AI Market – Regional Analysis

The Generative AI Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

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Browse the full Generative AI Market Size, Trends and Insights By Offering (Software, Services, Hardware), By Application (Design and Creativity, Graphic Design, Music Composition, Storytelling, Content Generation, Text Generation, Image Generation, Video Generation, Simulation and Modeling, Engineering, Weather Forecasting, Medical Research, Gaming and Entertainment, Game Content Generation, Virtual Environment Creation, Interactive Experience Design, Optimization and Planning, Resource Allocation, Strategic Planning, Operations Optimization, Personalization and Recommendation, E-commerce, Content Streaming, Social Media), By Vertical (Healthcare, Automotive, Retail and E-commerce, Finance, Manufacturing, Media and Entertainment, Architecture and Construction, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Report at https://www.custommarketinsights.com/report/generative-ai-market/

List of the prominent players in the Generative AI Market:

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The Generative AI Market is segmented as follows:

By Offering

By Application

By Vertical

Click Here to Get a Free Sample Report of the Global Generative AI Market @ https://www.custommarketinsights.com/report/generative-ai-market/

Regional Coverage:

North America

Europe

Asia Pacific

The Middle East & Africa

Latin America

This Generative AI Market Research/Analysis Report Contains Answers to the following Questions.

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Reasons to Purchase Generative AI Market Report

Reasons for the Research Report

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What does the report include?

Who should buy this report?

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About Custom Market Insights:

Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.

CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.

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