Press release
Surging Demand For Artificial Intelligence Propels Growth In Generative AI Market: Pivotal Factor Influencing Generative AI Market Growth in 2025
Generative AI Market Size
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surging Demand For Artificial Intelligence Propels Growth In Generative AI Market: Pivotal Factor Influencing Generative AI Market Growth in 2025 here
News-ID: 4111501 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Generative
Generative AI Company vs Generative AI Services Company: What Businesses Need to …
As Generative AI becomes a core part of digital transformation strategies, organizations face an important
decision early in their AI journey: should they work with a
[https://www.indium.tech/generative-ai/]or a Generative AI services
company? While the two terms are often used interchangeably, they represent fundamentally different
approaches to AI adoption.
Understanding this distinction is critical for businesses that want scalable, secure, and long-term AI success.
Choosing the wrong model can lead to limited flexibility, poor integration, and…
OMNI Generative Film Festival 2025: "Visions of Tomorrow" - Sydney's Inaugural A …
Sydney, Australia - March 2025 - The OMNI Generative Film Festival is set to debut its preview edition, OMNI: 0.5, on April 29, 2025, at Knox Street Bar in Chippendale, NSW. This event marks Sydney's first AI/Generative film festival, offering viewers and participants a glimpse into the future of cinema through the lens of artificial intelligence and generative technologies.
About the Festival
OMNI is a biannual festival dedicated to showcasing the latest…
Shaping the Enterprise Generative AI Market in 2025: Advancements In Enterprise …
"How Big Is the Enterprise Generative AI Market Expected to Be, and What Will Its Growth Rate Be?
The market size of enterprise generative AI has seen exponential growth lately. It is projected to expand from $3.33 billion in 2024 to $4.67 billion in 2025, experiencing a compound annual growth rate (CAGR) of 40.3%. The significant growth during the historic period is due to factors such as enhanced deep learning, amplified…
Generative AI In Movies Market Report 2024 - Generative AI In Movies Market Tren …
"The Business Research Company recently released a comprehensive report on the Global Generative AI In Movies Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The generative AI…
Generative Design Market Size, Share, Trends
The new report published by The Business Research Company, titled ""Generative Design Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the generative design market size has grown rapidly in recent years. It will grow from $3.18 billion in…
Generative AI In Software Development Lifecycle
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Generative AI In Software Development Lifecycle Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.86…
