Surging Demand For Artificial Intelligence Propels Growth In Generative AI Market: Pivotal Factor Influencing Generative AI Market Growth in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Generative AI Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of generative AI has seen substantial expansion in the past few years. The market, which is expected to be worth $23.18 billion in 2024, will witness a growth to $34.45 billion in 2025, with a compound annual growth rate (CAGR) of 48.6%. The remarkable growth during the past period is due to developments in computing power, data accessibility, R&D, industry use-cases, as well as advancements in deep learning.

Generative AI Market Size Forecast: What's the Projected Valuation by 2029?
We should anticipate a significant expansion of the generative AI market in the coming years. The market is projected to expand to $113.42 billion in 2029, marking a compound annual growth rate (CAGR) of 34.7%. This strong growth expected during the forecast period is driven by factors such as innovations in AI hardware, the integration of different industries, considerations for ethical AI, the emergence of autonomous systems, and the rise of edge computing. Key trends to watch during this predicted growth include the widespread use of AI-generated content, the focus on customization and personalization, applications across various domains, efforts to mitigate bias in ethical AI, and increased collaboration between humans and AI.

View the full report here:
https://www.thebusinessresearchcompany.com/report/generative-ai-global-market-report

What Are the Drivers Transforming the Generative AI Market?
The anticipated surge in the application of artificial intelligence is set to propel the generative AI market's expansion. Artificial intelligence (AI) denotes human intelligence's replication via machines, essentially computer systems and other sophisticated tools and software. Generative AI significantly reduces the time and effort necessary to produce incredibly realistic and interactive virtual environments, enhancing their authenticity and interactivity. For example, the European Commission, a European governing entity, projected that enterprises utilizing AI technologies would rise from 28.4 in 2021 to 30.4 in 2023. Hence, the escalating need to generate virtual worlds is fueling the advancement of the generative AI market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9615&type=smp

What Long-Term Trends Will Define the Future of the Generative AI Market?
The primary trend escalating in the generative AI market is the progressive advancements in technology. Many prominent corporations in this market are centered on innovating new technologies. For example, in January 2023, NVIDIA Corporation, a technologically-driven company based in the US, introduced new metaverse technologies for businesses that included an array of generative AI instruments. This technology differentiates itself with an emerging set of creative generative AI tools specifically designed for 3D artists, such as Audio2Face, Audio2Gesture, and Audio2Emotion that help users animate 3D characters. With the novel iterations of these tools, producers can utilise Audio2Face to create facial expression from audio inputs, alongside utilising Audio2Emotion and Audio2Gesture for generating emotions and gestures respectively.

Which Segments in the Generative AI Market Offer the Most Profit Potential?
The generative ai market covered in this report is segmented -

1) By Component: Software, Services
2) By Offering Type: Image, Video, Speech, Other Offering Types
3) By Technology: Generative Adversarial Networks (GANs), Transformer, Variational Autoencoder (VAE), Diffusion Networks
4) By End-User: Media And Entertainment, BFSI (Banking, Financial Services And Insurance), IT And Telecom, Healare, Automotive And Transportation, Other End-Users

Subsegments:
1) By Software: AI Model Frameworks, Text Generation Tools, Image And Video Generation Software, Code Generation Tools, Design And Creative Tools
2) By Services: Consulting Services For AI Implementation, Managed Services For AI Operations, Training And Support Services, Custom AI Model Development, API Integration Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9615&type=smp

Which Firms Dominate the Generative AI Market by Market Share and Revenue in 2025?
Major companies operating in the generative ai market include Alphabet Inc., Microsoft Corporation, Meta Platforms Inc., Dell Technologies Inc., Amazon Web Services Inc., Siemens AG, General Electric Company, Intel Corporation, Lenovo Group Ltd., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Tata Consultancy Services Limited, NVIDIA Corporation, Salesforce Inc., Adobe Inc., Wipro Limited, VEESUAL, OpenAI LP, Larsen & Toubro Technology Services Limited, iGenie, Paige AI Inc., Synthesia, Inworld AI, Ordaos Bio, Rephrase.ai, D-ID, Mostly AI

Which Regions Offer the Highest Growth Potential in the Generative AI Market?
North America was the largest region in the generative AI market in 2024. The regions covered in the generative ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9615

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.