Generative AI Market Size, Share & Growth to 2030 - MarkNtel

Jepadet77907 Jan, 2025Other

Global Generative AI Market size is valued at around USD 28.9 billion in 2024 and is estimated to reach around USD 142.7 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 31.2% during the forecast period, i.e., 2025-30. The advancements in machine learning algorithms, the availability of vast datasets, and rising processing power are the main factors propelling the revenue growth of the generative AI industry and allowing for more complex and imaginative results.

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