Global Generative AI Market Report and Forecast 2032

Lily Desouza07 Jul, 2025Business

Global Generative AI Market is anticipated to register a CAGR of around 33% during the forecast period, i.e., 2024-32. Also, the market size was valued at nearly USD 66.5 billion in 2024. The ongoing advancement of artificial intelligence (AI) technology, especially in fields such as NLP (natural language processing) GANs (generative adversarial networks), and computer vision is opening a new opportunistic arena for producing high-caliber, human-like material in a variety of industries. Moreover, as sectors become more digitally integrated, there is a rising need for AI-driven solutions that automate tasks & enhance their creativity & personalization for users. The industry is growing because of the increasing application of generative AI in numerous sectors, such as entertainment, design, marketing, and healthcare, organizations realize its potential to transform customer engagement product development, and content creation.