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Generative AI Market by Offering (Software (Transformer Models (GPT-1, GPT-2, GPT-3, GPT-4, LAMBDA)), Services), Application (Computer Vision, Synthetic Data Generation (Medical Imaging, Cybersecurity)), Vertical and Region - Global Forecast to 2028

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    Report

  • 386 Pages
  • April 2023
  • Region: Global
  • Markets and Markets
  • ID: 5775046

North America to Witness Fastest Growing Market Size During the Forecast Period

The generative AI market is projected to grow from USD 11.3 billion in 2023 to USD 51.8 billion by 2028, at a compound annual growth rate (CAGR) of 35.6% during the forecast period. Market is anticipated to grow due to innovation of cloud storage enabling easy access to data, evolution of AI and deep learning and rise in the era of content creation and creative applications.

By offering, managed services under services segment to register for fastest growing market rate during forecast period

Managed services mainly deal with client experience. Companies do not bargain on this variable and often try to take these services from the best players in the market. Sometimes, it becomes troublesome for companies to concentrate on their core business procedures and handle various functions related to them. This can be overcome with the adoption of managed services. These services offer specialized skills that are required to maintain and update software. All the pre- and post-deployment questions and needs of clients are covered under the managed services segment. Organizations mostly outsource such services to offer on-time conveyance to clients.

By vertical, media and entertainment segment to register fastest growing CAGR during forecast period

Generative AI is enabling media & entertainment companies to create compelling and unique content faster and more efficiently than traditional methods. For instance, generative AI is being used to create virtual sets and characters for films and TV shows, which can save time and money on production costs. In the music industry, generative AI is being used to create new and innovative sounds and styles. In gaming, it is being used to generate game worlds and characters in real-time, providing players with a more immersive experience. In advertising, generative AI is being used to create personalized and targeted content that resonates with specific audiences.

North America to witness fastest growing market size during the forecast period

North America is estimated to lead the generative AI market during the forecast period. The adoption of generative AI technology as a key marketing and customer engagement tool for verticals will further drive market revenue generation across the region.

The presence of a growing tech-savvy population, high internet penetration, and advances in AI have resulted in an enormous usage of generative AI solutions. Most of the customers in North America have been leveraging generative AI for application-based activities that include but are not limited to, text generation, code generation, image generation, and audio/video generation.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the social media management market.

  • By Company: Tier I: 38%, Tier II: 50%, and Tier III: 12%
  • By Designation: C-Level Executives: 35%, D-Level Executives: 40%, and Managers: 25%
  • By Region: Asia Pacific: 20%, Europe: 30%, North America: 40%, and Rest of the World: 10%

The report includes the study of key players offering generative AI solutions. It profiles major vendors in the generative AI market. The major players in the generative AI market include Microsoft (US), IBM (US), Google (US), AWS (US), META (US), Adobe (US), OpenAI (US), Simplified (US), Insilico Medicine (Hong Kong), Genie AI (UK), Lightricks (Israel), Lumen5 (Canada), GIPHY (US), Dialpad (US), Persado (US), Codacy (Portugal), Paige.AI (US), Riffusion (US), Play.ht (India), Speechify (US), Media.io (France), Midjourney (US), FireFlies (US), Brandmark.io (Netherlands), Morphis Technologies (Portugal), Synthesia (UK), Mostly AI (Austria), Veesual (France), Deep AI (US), Galileo (US), Excel Formula Bot (Florida), JetBrains (Czech Republic), Character.AI (US), GFP-GAN (US), Fontjoy (Italy), Eleuther AI (US), Starry AI (US), and Magic Studio (US).

Research Coverage

The research study for the generative AI market involved extensive secondary sources, directories, journals, and paid databases. Primary sources were mainly Interviews with Experts from the core and related industries, preferred generative AI providers, third-party service providers, consulting service providers, end users, and other commercial enterprises. In-depth interviews were conducted with various primary respondents, including key industry participants and subject matter experts, to obtain and verify critical qualitative and quantitative information and assess the market’s prospects.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall generative AI market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (The innovation of cloud storage enabling easy access to data, evolution of AI and deep learning and rise in the era of content creation and creative applications), restraints (High costs associated with training data preparation, issues related to bias and inaccurately generated output and risk associated with data breaches and sensitive information leaks), opportunities (Acceleration in deployment of Large Language models (LLMs), rising interest of enterprises in commercializing synthetic images and robust improvement in general ML achieving human baseline performance), and challenges (Security and data privacy as major concern, need for quality control and data accuracy and complexity and technical challenges with generative AI).

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the generative AI market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the generative AI market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the generative AI market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like include Microsoft (US), IBM (US), Google (US), AWS (US), META (US), Adobe (US), OpenAI (US), Simplified (US), Insilico Medicine (Hong Kong), among others in the generative AI market strategies. The report also helps stakeholders understand the pulse of the generative AI market and provides them information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
Table 1 United States Dollar Exchange Rate, 2019-2022
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 1 Generative AI Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
Table 2 Primary Interviews
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Data Triangulation
Figure 2 Data Triangulation
2.3 Market Size Estimation
Figure 3 Market: Top-Down and Bottom-Up Approaches
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology - Approach 1 (Supply-Side): Revenue from Solutions/Services of Generative AI Market
Figure 5 Market Size Estimation Methodology - Approach 2, Bottom-Up (Supply-Side): Collective Revenue from All Solutions/Services of Market
Figure 6 Market Size Estimation Methodology - Approach 3, Bottom-Up (Supply-Side): Collective Revenue from All Solutions/Services of Market
Figure 7 Market Size Estimation Methodology - Approach 4, Bottom-Up (Demand-Side): Share of Generative AI Through Overall Generative AI Spending
2.4 Market Forecast
Table 3 Factor Analysis
2.5 Research Assumptions
2.6 Study Limitations
2.7 Implications of Recession Impact on Market

3 Executive Summary
Table 4 Global Generative AI Market Size and Growth Rate, 2019-2022 (USD Million, Y-O-Y %)
Table 5 Global Market Size and Growth Rate, 2023-2028 (USD Million, Y-O-Y %)
Figure 8 Software Segment to Hold Larger Market Size in 2023
Figure 9 Professional Services to Account for Major Market Share in 2023
Figure 10 Training and Consulting Services to Dominate Market in 2023
Figure 11 Natural Language Generation Segment to Hold Largest Market Size in 2023
Figure 12 Media and Entertainment Vertical to Hold Largest Market Share in 2023
Figure 13 North America to Hold Largest Market Share in 2023

4 Premium Insights
4.1 Attractive Opportunities for Players in Generative AI Market
Figure 14 Increasing Popularity of Large-Language Models and Improving Performance of Deep Learning Models to Drive Market
4.2 Market: Top Three Applications
Figure 15 Synthetic Data Generation Segment to Witness Highest Growth Rate During Forecast Period
4.3 North America: Market, by Offering and Vertical
Figure 16 Software and Media and Entertainment to be Largest Shareholders in North American Market in 2023
4.4 Market, by Region
Figure 17 North America to Hold Largest Market Share in 2023

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 18 Generative AI Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Innovation of Cloud Storage Enabling Easy Access to Data
5.2.1.2 Evolution of AI and Deep Learning
5.2.1.3 Rise in Content Creation and Creative Applications
Figure 19 Synthetic Data to Account for Majority of Data Volume by 2030
5.2.2 Restraints
5.2.2.1 High Costs Associated with Training Data Preparation
5.2.2.2 Issues Related to Bias and Inaccurately Generated Output
Figure 20 Issues Related to Training Data Highlighted in Chatgpt's Responses
5.2.2.3 Risks Associated with Data Breaches and Sensitive Information Leakage
5.2.3 Opportunities
5.2.3.1 Increasing Deployment of Large Language Models
5.2.3.2 Growing Interest of Enterprises in Commercializing Synthetic Images
5.2.3.3 Robust Improvement in Generative ML Leading to Human Baseline Performance
5.2.4 Challenges
5.2.4.1 Concerns Regarding Misuse of Generative AI for Illegal Activities
5.2.4.2 Quality of Output Generated by Generative AI Models
5.2.4.3 Computational Complexity and Technical Challenges of Generative AI
5.3 Ethics and Implications of Generative AI
5.3.1 Bias and Fairness
5.3.2 Privacy and Security
5.3.3 Intellectual Property
5.3.4 Accountability and Responsibility
5.3.5 Societal and Economic Impact
5.4 Advent of Generative Technology
5.5 Brief History of Generative AI
Figure 21 Brief History of Generative AI
5.5.1 Generative AI Roadmap Until 2030
Figure 22 Generative AI Roadmap Until 2030
5.6 Ecosystem Analysis
Figure 23 Generative AI Market: Ecosystem Analysis
5.6.1 Generative AI Technology Providers
Figure 24 Market: Mapping, by Category
5.6.2 Generative AI Cloud Platform Providers
5.6.3 Generative AI API and As-A-Service Providers
5.6.4 Generative AI Hardware Providers
5.6.5 Generative AI End-users
5.6.6 Generative AI Regulators
5.7 Generative AI Tools and Framework
5.7.1 Tensorflow
5.7.2 Pytorch
5.7.3 Keras
5.7.4 Caffe
5.7.5 Theano
5.7.6 Mxnet
5.7.7 Torch
5.7.8 Hugging Face
5.8 Generative AI Techniques and Methods
5.8.1 Text Generation and Language Modeling
5.8.1.1 Recurrent Neural Networks for Text Generation
5.8.1.2 Language Modeling with Transformers
5.8.1.3 Seq2Seq Models for Translation
5.8.2 Image and Video Generation
5.8.2.1 Generative Adversarial Networks for Image Generation
5.8.2.2 Style Transfer and Image-To-Image Translation
5.8.2.3 Video Generation with Gans
5.8.3 Music and Audio Generation
5.8.3.1 Wavenet and Samplernn for Audio Generation
5.8.3.2 Music Generation with Lstm Networks
5.8.4 Reinforcement Learning
5.8.4.1 Policy Gradient Methods
5.8.4.2 Actor-Critic Methods
5.9 Generative AI Investment Landscape
Figure 25 Investor Deals and Funding in Generative AI Soared in 2022
Figure 26 Most Valued Generative AI Firms in 2022 (USD Billion)
Figure 27 Distribution of Generative AI Funding, 2021-2022
5.10 Case Study Analysis
5.10.1 Case Study 1: Spectrumlabs Deployed Galileo for Faster Development of Newer Language Models
5.10.2 Case Study 2: Bestseller Reduced 50% Classroom Time with AI Videos
5.10.3 Case Study 3: Galileo Helped Involve.AI Improve Customer Intelligence ML Model Accuracy by 10%
5.10.4 Case Study 4: Vodafone Italy Raised Lead Conversions by 42% by Developing Creative Campaigns Through Generative AI
5.10.5 Case Study 5: Wpp Trained 50,000 Employees with AI Videos
5.10.6 Case Study 6: Swiss Re Banked on Lumen5 for Social Engagement
5.10.7 Case Study 7: Teleperformance Trains Global Workforce
5.10.8 Case Study 8: Yabble Used Gpt-3 to Deliver Fast, Nuanced Insights from Customer Feedback
5.10.9 Case Study 9: Cisco Scaled Video Content Localization Using Lumen5
5.10.10 Case Study 10: Gpt-3 Helped Waymark Consistently Produce Stronger and More Relevant Scripts Compared to Human-Generated Content
5.10.11 Case Study 11: Siemens Digitalized Its Communications with Lumen5
5.11 Supply Chain Analysis
Figure 28 Generative AI Market: Supply Chain Analysis
Table 6 Market: Supply Chain Analysis
5.11.1 Use Cases, by Application
5.12 Regulatory Landscape
5.12.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Middle East & Africa: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Latin America: Regulatory Bodies, Government Agencies, and Other Organizations
5.12.2 Payment Card Industry Data Security Standard
5.12.3 Gramm-Leach-Bliley Act
5.12.4 Health Insurance Portability and Accountability Act
5.12.5 General Data Protection Regulation
5.12.6 Personal Information Protection and Electronic Documents Act
5.12.7 Information Security Technology - Personal Information Security Specification Gb/T 35273-2017
5.12.8 Secure India National Digital Communications Policy, 2018
5.12.9 General Data Protection Law
5.12.10 Law No 13 of 2016 on Protecting Personal Data
5.12.11 Nist Special Publication 800-144 - Guidelines on Security and Privacy in Public Cloud Computing
5.13 Patent Analysis
5.13.1 Methodology
5.13.2 Patents Filed, by Document Type, 2019-2022
Table 12 Patents Filed, 2019-2022
5.13.3 Innovation and Patent Applications
Figure 29 Annual Number of Patents Granted, 2019-2022
5.13.4 Top Applicants
Figure 30 Top 10 Patent Applicants, 2019-2022
5.14 Key Conferences and Events, 2023-2024
Table 13 Generative AI Market: Detailed List of Conferences and Events
5.15 Pricing Analysis
Table 14 Average Selling Price Analysis, by Offering
5.16 Porter's Five Forces Analysis
Table 15 Impact of Each Force on Market
Figure 31 Market: Porter's Five Forces Analysis
5.16.1 Threat of New Entrants
5.16.2 Threat of Substitutes
5.16.3 Bargaining Power of Suppliers
5.16.4 Bargaining Power of Buyers
5.16.5 Intensity of Competitive Rivalry
5.17 Key Stakeholders and Buying Criteria
5.17.1 Key Stakeholders in Buying Process
Figure 32 Influence of Stakeholders on Buying Process for Top Three Applications
Table 16 Influence of Stakeholders on Buying Process for Top Three Applications
5.17.2 Buying Criteria
Figure 33 Key Buying Criteria for Top Three Applications
Table 17 Key Buying Criteria for Top Three Applications
5.18 Trends/Disruptions Impacting Buyers/Clients of Generative AI Market
Figure 34 Market: Trends/Disruptions Impacting Buyers/Clients
5.19 Future of Generative AI
5.19.1 Advancements in Techniques and Methods
5.19.2 Emerging Applications and Industries
5.19.2.1 Business Models Across Use Cases
5.19.2.1.1 Generative AI Model-As-A-Service
5.19.2.1.2 Built-In-Apps Business Model
5.19.2.1.3 Vertical Integration Business Model
5.19.2.2 Generative Tech's Impact on Web 3.0 and Crypto
Figure 35 Impact of Generative Tech on Web 3.0

6 Generative AI Market, by Offering
6.1 Introduction
6.1.1 Offering: Market Drivers
Figure 36 Services Segment to Register Higher CAGR During Forecast Period
Table 18 Market, by Offering, 2019-2022 (USD Million)
Table 19 Market, by Offering, 2023-2028 (USD Million)
6.2 Software
Table 20 Software: Market, by Region, 2019-2022 (USD Million)
Table 21 Software: Market, by Region, 2023-2028 (USD Million)
6.2.1 Generative AI Software, by Generative Model
Figure 37 Deep Learning Sub-Segment to Hold Largest Share of Market for Software in 2023
Table 22 Software: Market, by Generative Model, 2019-2022 (USD Million)
Table 23 Software: Market, by Generative Model, 2023-2028 (USD Million)
6.2.1.1 Rule-based Models
6.2.1.1.1 Rule-based Models Offer Clear and Interpretable Approach to Generative AI with Explicit Rules for Data Generation
Table 24 Rule-based Models: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 25 Rule-based Models: Market, by Region, 2023-2028 (USD Million)
6.2.1.1.1.1 Knowledge-based Models
6.2.1.1.1.2 Script-based Models
6.2.1.1.1.3 Expert Systems
6.2.1.2 Statistical Models
6.2.1.2.1 Statistical Models Provide Powerful Way to Capture Complex Patterns in Data and Generate Precise Outputs
Table 26 Statistical Models: Market, by Region, 2019-2022 (USD Million)
Table 27 Statistical Models: Market, by Region, 2023-2028 (USD Million)
6.2.1.2.1.1 Markov Models
6.2.1.2.1.2 Hidden Markov Models
6.2.1.2.1.3 Gaussian Mixture Models
6.2.1.2.1.4 Conditional Random Fields
6.2.1.3 Deep Learning Models
6.2.1.3.1 Deep Learning Models Excel at Generative Tasks Requiring Fine-Grained Details
Table 28 Deep Learning Models: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 29 Deep Learning Models: Market, by Region, 2023-2028 (USD Million)
6.2.1.3.1.1 Feedforward Neural Networks
6.2.1.3.1.2 Recurrent Neural Networks
6.2.1.3.1.3 Long Short-Term Memory (Lstm) Networks
6.2.1.3.1.4 Gated Recurrent Units (Grus)
6.2.1.4 Generative Adversarial Networks (Gans)
6.2.1.4.1 Generative Adversarial Networks (Gans) Provide Unique Approach to Generative AI by Training Two Competing Neural Networks to Generate Diverse Data
Table 30 Generative Adversarial Networks: Market, by Region, 2019-2022 (USD Million)
Table 31 Generative Adversarial Networks: Market, by Region, 2023-2028 (USD Million)
6.2.1.4.1.1 Conditional Generative Adversarial Networks (Cgans)
6.2.1.4.1.2 Style Gans
6.2.1.4.1.3 Cycle Gans
6.2.1.5 Autoencoders
6.2.1.5.1 Autoencoders Used for Generative Tasks Requiring New Data Points Similar to Original Input
Table 32 Autoencoders: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 33 Autoencoders: Market, by Region, 2023-2028 (USD Million)
6.2.1.5.1.1 Denoising Autoencoders
6.2.1.5.1.2 Variational Autoencoders
6.2.1.6 Convolutional Neural Networks (CNNs)
6.2.1.6.1 Convolutional Neural Networks (CNNs) Learn Hierarchical Features of Image Data to Generate Realistic Images
Table 34 Convolutional Neural Networks: Market, by Region, 2019-2022 (USD Million)
Table 35 Convolutional Neural Networks: Market, by Region, 2023-2028 (USD Million)
6.2.1.6.1.1 Image-Generating Cnns
6.2.1.6.1.2 Video-Generating Cnns
6.2.1.7 Transformer Models
6.2.1.7.1 Transformer Models Offer State-Of-The-Art Performance and Can Generate Coherent and Contextually Relevant Text
Table 36 Transformer Models: Market, by Region, 2019-2022 (USD Million)
Table 37 Transformer Models: Market, by Region, 2023-2028 (USD Million)
6.2.1.7.1.1 Bidirectional Encoder Representations from Transformers (Berts)
6.2.1.7.1.2 Generative Pre-Trained Transformer-1 (Gpt-1)
6.2.1.7.1.3 Generative Pre-Trained Transformer-2 (Gpt-2)
6.2.1.7.1.4 Generative Pre-Trained Transformer-3 (Gpt-3)
6.2.1.7.1.5 Generative Pre-Trained Transformer-4 (Gpt-4)
6.2.1.7.1.6 Language Model for Dialogue Applications (Lambdas)
6.2.1.7.1.7 Other Transformer Models
6.3 Services
Figure 38 Managed Services Segment to Register Higher CAGR in Market for Services During Forecast Period
Table 38 Generative AI Market, by Services, 2019-2022 (USD Million)
Table 39 Market, by Services, 2023-2028 (USD Million)
Table 40 Services: Market, by Region, 2019-2022 (USD Million)
Table 41 Services: Market, by Region, 2023-2028 (USD Million)
6.3.1 Professional Services
6.3.1.1 Professional Services Offer Specialized Expertise in Generative AI to Meet Specific Needs
Figure 39 Training and Consulting Sub-Segment to Register Highest CAGR During Forecast Period
Table 42 Services: Generative AI Market, by Professional Service, 2019-2022 (USD Million)
Table 43 Services: Market, by Professional Service, 2023-2028 (USD Million)
Table 44 Professional Services: Market, by Region, 2019-2022 (USD Million)
Table 45 Professional Services: Market, by Region, 2023-2028 (USD Million)
6.3.1.1.1 Training and Consulting Services
Table 46 Training and Consulting Services: Market, by Region, 2019-2022 (USD Million)
Table 47 Training and Consulting Services: Market, by Region, 2023-2028 (USD Million)
6.3.1.1.2 System Integration and Implementation Services
Table 48 System Integration and Implementation Services: Market, by Region, 2019-2022 (USD Million)
Table 49 System Integration and Implementation Services: Market, by Region, 2023-2028 (USD Million)
6.3.1.1.3 Support and Maintenance Services
Table 50 Support and Maintenance Services: Market, by Region, 2019-2022 (USD Million)
Table 51 Support and Maintenance Services: Market, by Region, 2023-2028 (USD Million)
6.3.2 Managed Services
6.3.2.1 Managed Services Provide End-To-End Management for Generative AI Helping Businesses to Focus on Core Competencies
Table 52 Managed Services: Market, by Region, 2019-2022 (USD Million)
Table 53 Managed Services: Market, by Region, 2023-2028 (USD Million)

7 Generative AI Market, by Application
7.1 Introduction
7.1.1 Application: Market Drivers
Figure 40 Natural Language Generation Segment to Account for Largest Market Share in 2023
Table 54 Market, by Application, 2019-2022 (USD Million)
Table 55 Market, by Application, 2023-2028 (USD Million)
7.2 Natural Language Processing (Nlp)
7.2.1 Nlp-based Applications Ideal for Language Translation, Content Generation, and Text Summarization
Table 56 Natural Language Processing: Market, by Region, 2019-2022 (USD Million)
Table 57 Natural Language Processing: Market, by Region, 2023-2028 (USD Million)
7.2.1.1 Automated Content Creation
7.2.1.2 Product Description
7.2.1.3 Marketing Copy
7.2.1.4 Sentiment Analysis
7.2.1.5 Language Translation
7.3 ML-based Predictive Modeling
7.3.1 Generative AI Improves Predictive Modeling by Generating Synthetic Data Points to Augment Existing Datasets
Table 58 ML-based Predictive Modeling: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 59 ML-based Predictive Modeling: Market, by Region, 2023-2028 (USD Million)
7.3.1.1 Predictive Analytics
7.3.1.2 Personalized Recommendations
7.3.1.3 Others
7.4 Computer Vision
7.4.1 Deployed to Generate High-Quality, Realistic Images and Videos, Virtual Try-Ons, and Video Production
Table 60 Computer Vision: Market, by Region, 2019-2022 (USD Million)
Table 61 Computer Vision: Market, by Region, 2023-2028 (USD Million)
7.4.1.1 Object Recognition
7.4.1.2 Image and Video Analysis
7.4.1.3 Surveillance
7.5 Robotics and Automation
7.5.1 Generative AI Can Enable Robots to Perform Tasks in Complex Environments by Generating New, Contextually Relevant Responses
Table 62 Robotics and Automation: Market, by Region, 2019-2022 (USD Million)
Table 63 Robotics and Automation: Market, by Region, 2023-2028 (USD Million)
7.5.1.1 Assembly Line Production
7.5.1.2 Material Handling
7.5.1.3 Others
7.6 Speech Recognition
7.6.1 Generative AI Can Generate High-Quality, Realistic Speech That Can Improve Reliability of Speech Recognition Systems
Table 64 Speech Recognition: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 65 Speech Recognition: Market, by Region, 2023-2028 (USD Million)
7.6.1.1 Speech-To-Text Conversion
7.6.1.2 Call Center Automation
7.6.1.3 Others
7.7 Music and Art Generation
7.7.1 Creation of Original Pieces of Music and Art by Blending New Forms of Creativity and Expression
Table 66 Music and Art Generation: Market, by Region, 2019-2022 (USD Million)
Table 67 Music and Art Generation: Market, by Region, 2023-2028 (USD Million)
7.7.1.1 Automated Music Composition
7.7.1.2 Visual Art
7.7.1.3 Graphics Design
7.8 Education and Training
7.8.1 Realistic Simulations for Training and Education Enable Learners to Practice in Safe and Controlled Settings
Table 68 Education and Training: Market, by Region, 2019-2022 (USD Million)
Table 69 Education and Training: Market, by Region, 2023-2028 (USD Million)
7.9 Finance and Accounting
7.9.1 Financial Models and Simulations Allow Businesses to Explore Various Scenarios and Make Informed Decisions
Table 70 Finance and Accounting: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 71 Finance and Accounting: Market, by Region, 2023-2028 (USD Million)
7.9.1.1 Fraud Detection and Risk Assessment
7.9.1.2 Investment Analysis and Financial Forecasting
7.9.1.3 Compliance Monitoring
7.10 Legal
7.10.1 Generative AI Can Automate Document Generation and Review, Saving Time and Increasing Accuracy in Legal Processes
Table 72 Legal: Market, by Region, 2019-2022 (USD Million)
Table 73 Legal: Market, by Region, 2023-2028 (USD Million)
7.10.1.1 Contact Analysis and Review
7.10.1.2 Legal Research and Analysis
7.10.1.3 Automated Document Summarization
7.10.1.4 Others
7.11 Customer Service and Support
7.11.1 Contextually Relevant and Personalized Responses to Customer Inquiries Reduce Workload for Support Teams
Table 74 Customer Service and Support: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 75 Customer Service and Support: Market, by Region, 2023-2028 (USD Million)
7.11.1.1 Chatbots
7.11.1.2 Voice Assistants
7.11.1.3 Automated Ticket Resolution
7.12 Augmented Reality (Ar) and Virtual Reality (Vr)
7.12.1 Generative AI-Powered Ar/Vr Enabling New Forms of Entertainment, Training, and Communication
Table 76 Augmented Reality and Virtual Reality: Market, by Region, 2019-2022 (USD Million)
Table 77 Augmented Reality and Virtual Reality: Market, by Region, 2023-2028 (USD Million)
7.12.1.1 Virtual Object Creation
7.12.1.2 Virtual Environment Creation
7.12.1.3 Personalized Avatar Creation
7.12.1.4 Training and Simulation
7.13 Synthetic Data Generation
7.13.1 Synthetic Data Used Heavily for Various Tasks Like Training Machine Learning Models and Testing Algorithms
Table 78 Synthetic Data Generation: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 79 Synthetic Data Generation: Market, by Region, 2023-2028 (USD Million)
7.13.1.1 Autonomous System Training
7.13.1.2 Medical Imaging
7.13.1.3 Cybersecurity
7.13.1.4 Product Design
7.13.1.5 Precision Agriculture
7.13.1.6 Environmental Sustainability
7.14 Video Editing/Generation
7.14.1 High-Quality, Realistic Videos and Animations Allow for New Forms of Storytelling and Communication
Table 80 Video Editing/Generation: Market, by Region, 2019-2022 (USD Million)
Table 81 Video Editing/Generation: Market, by Region, 2023-2028 (USD Million)
7.14.1.1 Automated Video Editing
7.14.1.2 Virtual Set Design
7.14.1.3 Special Effects and Animation
7.15 3D Modeling and Reconstruction
7.15.1 Realistic 3D Models and Reconstruction of Missing Data Enabling Applications Like Virtual Try-Ons and Product Design
Table 82 3D Modeling and Reconstruction: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 83 3D Modeling and Reconstruction: Market, by Region, 2023-2028 (USD Million)
7.15.1.1 Image and Texture Synthesis
7.15.1.2 2D to 3D Model Generation
7.15.1.3 3D Model Simulations
7.16 Game Design and Character Production
7.16.1 Generative AI Can Create Novel and Original Characters and Game Elements, Enhancing Creativity and Diversity of Game Design
Table 84 Game Design and Character Production: Market, by Region, 2019-2022 (USD Million)
Table 85 Game Design and Character Production: Market, by Region, 2023-2028 (USD Million)
7.16.1.1 Procedural Content Generation
7.16.1.2 Non-Player Character Generation

8 Generative AI Market, by Vertical
8.1 Introduction
8.1.1 Vertical: Market Drivers
Figure 41 Media & Entertainment Segment to Grow at Highest CAGR During Forecast Period
Table 86 Market, by Vertical, 2019-2022 (USD Million)
Table 87 Market, by Vertical, 2023-2028 (USD Million)
8.2 Media & Entertainment
8.2.1 Early Adopter of Generative AI Disruption Wave
8.2.2 Media & Entertainment: Generative AI Use Cases
Figure 42 Media & Entertainment: Generative AI Use Cases
Table 88 Media & Entertainment: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 89 Media & Entertainment: Market, by Region, 2023-2028 (USD Million)
8.2.2.1 Gaming
8.2.2.2 Publishing Agencies
8.2.2.3 Print & Electronic Media
8.2.2.4 Other Media & Entertainment Applications
8.3 Transportation & Logistics
8.3.1 Route Optimization and Traffic Planning Through Generative Tech to Attain Efficiency
8.3.2 Transportation & Logistics: Generative AI Use Cases
Figure 43 Transportation & Logistics: Generative AI Use Cases
Table 90 Transportation & Logistics: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 91 Transportation & Logistics: Market, by Region, 2023-2028 (USD Million)
8.3.2.1 Air
8.3.2.2 Road
8.3.2.3 Rail
8.3.2.4 Maritime
8.3.2.5 Third-Party Logistics (3Pl)
8.4 Manufacturing
8.4.1 Generative AI to Improve Prototype Design and Capacity Planning in Smart Factories
8.4.2 Manufacturing: Generative AI Use Cases
Figure 44 Manufacturing: Generative AI Use Cases
Table 92 Manufacturing: Market, by Region, 2019-2022 (USD Million)
Table 93 Manufacturing: Market, by Region, 2023-2028 (USD Million)
8.4.2.1 Discrete Manufacturing
8.4.2.2 Process Manufacturing
8.5 Healthcare & Life Sciences
8.5.1 Enterprises Rapidly Shifting to Synthetically Created Data to Mitigate Risks Associated with Data Privacy
8.5.2 Healthcare & Life Sciences: Generative AI Use Cases
Figure 45 Healthcare & Life Sciences: Generative AI Use Cases
Table 94 Healthcare & Life Sciences: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 95 Healthcare & Life Sciences: Market, by Region, 2023-2028 (USD Million)
8.5.2.1 Healthcare Institutes
8.5.2.2 Healthcare Device Manufacturing
8.5.2.3 Pharmaceuticals & Life Sciences
8.5.2.4 Medical Research
8.6 IT & Ites
8.6.1 Increase in Cybersecurity and Minimized Costs in Business Functions by Implementing Generative AI Solutions
8.6.2 IT & Ites: Generative AI Use Cases
Figure 46 IT & Ites: Generative AI Use Cases
Table 96 IT & Ites: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 97 IT & Ites: Market, by Region, 2023-2028 (USD Million)
8.7 Construction & Real Estate
8.7.1 Integration of Generative AI Tools to Help Real Estate Firms Attract and Retain Tenants
8.7.2 Construction & Real Estate: Generative AI Use Cases
Figure 47 Construction & Real Estate: Generative AI Use Cases
Table 98 Construction & Real Estate: Market, by Region, 2019-2022 (USD Million)
Table 99 Construction & Real Estate: Market, by Region, 2023-2028 (USD Million)
8.8 Bfsi
8.8.1 Generative AI Solutions Help Bfsi Sector Reduce Fraud, Leverage Intelligent, Customer-Focused Marketing
8.8.2 Bfsi: Generative AI Use Cases
Figure 48 Bfsi: Generative AI Use Cases
Table 100 Bfsi: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 101 Bfsi: Market, by Region, 2023-2028 (USD Million)
8.8.2.1 Banking
8.8.2.2 Financial Services & Fintech
8.8.2.3 Insurance
8.9 Energy & Utilities
8.9.1 Generative AI Tools Identify Likelihood of Outages and Offer Quality Services to Retain Existing Customers
8.9.2 Energy & Utilities: Generative AI Use Cases
Figure 49 Energy & Utilities: Generative AI Use Cases
Table 102 Energy & Utilities: Market, by Region, 2019-2022 (USD Million)
Table 103 Energy & Utilities: Market, by Region, 2023-2028 (USD Million)
8.9.2.1 Oil & Gas
8.9.2.2 Utilities
8.9.2.3 Mining
8.10 Retail & E-Commerce
8.10.1 Generative AI Tools Help Retail Sector Optimize Inventory Planning while Reducing Shelf Shrinkage
8.10.2 Retail & E-Commerce: Generative AI Use Cases
Figure 50 Retail & E-Commerce: Generative AI Use Cases
Table 104 Retail & E-Commerce: Generative AI Market, by Region, 2019-2022 (USD Million)
Table 105 Retail & E-Commerce: Market, by Region, 2023-2028 (USD Million)
8.11 Government & Defense
8.11.1 Leveraging Generative AI Tools for Threat Detection and Enhancing Surveillance
8.11.2 Government & Defense: Generative AI Use Cases
Figure 51 Government & Defense: Generative AI Use Cases
Table 106 Government & Defense: Market, by Region, 2019-2022 (USD Million)
Table 107 Government & Defense: Market, by Region, 2023-2028 (USD Million)
8.11.2.1 Public Sector
8.11.2.2 Military & Defense
8.12 Other Verticals
8.12.1 Telecom Sector Leveraging Generative AI Tools to Optimize Network Operations and Customer Services
Table 108 Other Verticals: Market, by Region, 2019-2022 (USD Million)
Table 109 Other Verticals: Market, by Region, 2023-2028 (USD Million)

9 Market, by Region
9.1 Introduction
Figure 52 Asia-Pacific Market to Register Highest CAGR During Forecast Period
Figure 53 India to Register Highest CAGR in Market During Forecast Period
Table 110 Market, by Region, 2019-2022 (USD Million)
Table 111 Market, by Region, 2023-2028 (USD Million)
9.2 North America
9.2.1 North America: Market Drivers
9.2.2 North America: Recession Impact
Figure 54 North America: Generative AI Market Snapshot
Table 112 North America: Market, by Offering, 2019-2022 (USD Million)
Table 113 North America: Market, by Offering, 2023-2028 (USD Million)
Table 114 North America: Market, by Software, 2019-2022 (USD Million)
Table 115 North America: Market, by Software, 2023-2028 (USD Million)
Table 116 North America: Market, by Service, 2019-2022 (USD Million)
Table 117 North America: Market, by Service, 2023-2028 (USD Million)
Table 118 North America: Market, by Professional Service, 2019-2022 (USD Million)
Table 119 North America: Market, by Professional Service, 2023-2028 (USD Million)
Table 120 North America: Market, by Application, 2019-2022 (USD Million)
Table 121 North America: Market, by Application, 2023-2028 (USD Million)
Table 122 North America: Market, by Vertical, 2019-2022 (USD Million)
Table 123 North America: Market, by Vertical, 2023-2028 (USD Million)
Table 124 North America: Market, by Country, 2019-2022 (USD Million)
Table 125 North America: Market, by Country, 2023-2028 (USD Million)
9.2.3 US
9.2.3.1 Rising Demand for Generative AI Majorly Contributing to US Revenue
Table 126 US: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 127 US: Market, by Offering, 2023-2028 (USD Million)
9.2.4 Canada
9.2.4.1 Growing Adoption of Generative AI Solutions by Enterprises
Table 128 Canada: Market, by Offering, 2019-2022 (USD Million)
Table 129 Canada: Market, by Offering, 2023-2028 (USD Million)
9.3 Europe
9.3.1 Europe: Market Drivers
9.3.2 Europe: Recession Impact
Table 130 Europe: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 131 Europe: Market, by Offering, 2023-2028 (USD Million)
Table 132 Europe: Market, by Software, 2019-2022 (USD Million)
Table 133 Europe: Market, by Software, 2023-2028 (USD Million)
Table 134 Europe: Market, by Service, 2019-2022 (USD Million)
Table 135 Europe: Market, by Service, 2023-2028 (USD Million)
Table 136 Europe: Market, by Professional Service, 2019-2022 (USD Million)
Table 137 Europe: Market, by Professional Service, 2023-2028 (USD Million)
Table 138 Europe: Market, by Application, 2019-2022 (USD Million)
Table 139 Europe: Market, by Application, 2023-2028 (USD Million)
Table 140 Europe: Market, by Vertical, 2019-2022 (USD Million)
Table 141 Europe: Market, by Vertical, 2023-2028 (USD Million)
Table 142 Europe: Market, by Country, 2019-2022 (USD Million)
Table 143 Europe: Market, by Country, 2023-2028 (USD Million)
9.3.3 UK
9.3.3.1 UK Government Creating Code of Practice for Generative AI Companies
Table 144 UK: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 145 UK: Market, by Offering, 2023-2028 (USD Million)
9.3.4 Germany
9.3.4.1 German Government Ready to Become Technology's Global Leader by Galvanizing Artificial Intelligence Research, Development, and Application
Table 146 Germany: Market, by Offering, 2019-2022 (USD Million)
Table 147 Germany: Market, by Offering, 2023-2028 (USD Million)
9.3.5 France
9.3.5.1 Increasing Research and Educational Excellence to Drive Demand for AI-Enabled Technologies
Table 148 France: Market, by Offering, 2019-2022 (USD Million)
Table 149 France: Market, by Offering, 2023-2028 (USD Million)
9.3.6 Italy
9.3.6.1 Italian Researchers Built Deep Learning Model That Can Perform Source Separation and Music Generation
Table 150 Italy: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 151 Italy: Market, by Offering, 2023-2028 (USD Million)
9.3.7 Spain
9.3.7.1 Spain to Lead in Training Spanish-Large Language Models
Table 152 Spain: Market, by Offering, 2019-2022 (USD Million)
Table 153 Spain: Market, by Offering, 2023-2028 (USD Million)
9.3.8 Finland
9.3.8.1 Finland to Integrate Generative AI Applications into Teaching
Table 154 Finland: Market, by Offering, 2019-2022 (USD Million)
Table 155 Finland: Market, by Offering, 2023-2028 (USD Million)
9.3.9 Rest of Europe
Table 156 Rest of Europe: Market, by Offering, 2019-2022 (USD Million)
Table 157 Rest of Europe: Market, by Offering, 2023-2028 (USD Million)
9.4 Asia-Pacific
9.4.1 Asia-Pacific: Market Drivers
9.4.2 Asia-Pacific: Recession Impact
Figure 55 Asia-Pacific: Generative AI Market Snapshot
Table 158 Asia-Pacific: Market, by Offering, 2019-2022 (USD Million)
Table 159 Asia-Pacific: Market, by Offering, 2023-2028 (USD Million)
Table 160 Asia-Pacific: Market, by Software, 2019-2022 (USD Million)
Table 161 Asia-Pacific: Market, by Software, 2023-2028 (USD Million)
Table 162 Asia-Pacific: Market, by Service, 2019-2022 (USD Million)
Table 163 Asia-Pacific: Market, by Service, 2023-2028 (USD Million)
Table 164 Asia-Pacific: Market, by Professional Service, 2019-2022 (USD Million)
Table 165 Asia-Pacific: Market, by Professional Service, 2023-2028 (USD Million)
Table 166 Asia-Pacific: Market, by Application, 2019-2022 (USD Million)
Table 167 Asia-Pacific: Market, by Application, 2023-2028 (USD Million)
Table 168 Asia-Pacific: Market, by Vertical, 2019-2022 (USD Million)
Table 169 Asia-Pacific: Market, by Vertical, 2023-2028 (USD Million)
Table 170 Asia-Pacific: Market, by Country, 2019-2022 (USD Million)
Table 171 Asia-Pacific: Market, by Country, 2023-2028 (USD Million)
9.4.3 China
9.4.3.1 Generative AI Technology to be Transformative for China's Technology Sector
Table 172 China: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 173 China: Market, by Offering, 2023-2028 (USD Million)
9.4.4 India
9.4.4.1 Launch of Lexi Marks Major Landmark in Generative AI Development
Table 174 India: Market, by Offering, 2019-2022 (USD Million)
Table 175 India: Market, by Offering, 2023-2028 (USD Million)
9.4.5 Japan
9.4.5.1 Tokyo-1 to Accelerate Japan's Pharma Industry
Table 176 Japan: Market, by Offering, 2019-2022 (USD Million)
Table 177 Japan: Market, by Offering, 2023-2028 (USD Million)
9.4.6 South Korea
9.4.6.1 South Korea to Be a Key Player in Fulfilling New Global Demand for Next-Generation AI Chips
Table 178 South Korea: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 179 South Korea: Market, by Offering, 2023-2028 (USD Million)
9.4.7 Singapore
9.4.7.1 Singapore Making Progress in the Advancement of Generative AI
Table 180 Singapore: Market, by Offering, 2019-2022 (USD Million)
Table 181 Singapore: Market, by Offering, 2023-2028 (USD Million)
9.4.8 Australia & New Zealand
9.4.8.1 Australia & New Zealand to Explore AI's Potential More Broadly
Table 182 Australia & New Zealand: Market, by Offering, 2019-2022 (USD Million)
Table 183 Australia & New Zealand: Market, by Offering, 2023-2028 (USD Million)
9.4.9 Rest of Asia-Pacific
Table 184 Rest of Asia-Pacific: Market, by Offering, 2019-2022 (USD Million)
Table 185 Rest of Asia-Pacific: Market, by Offering, 2023-2028 (USD Million)
9.5 Middle East & Africa
9.5.1 Middle East & Africa: Market Drivers
9.5.2 Middle East & Africa: Recession Impact
Table 186 Middle East & Africa: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 187 Middle East & Africa: Market, by Offering, 2023-2028 (USD Million)
Table 188 Middle East & Africa: Market, by Software, 2019-2022 (USD Million)
Table 189 Middle East & Africa: Market, by Software, 2023-2028 (USD Million)
Table 190 Middle East & Africa: Market, by Service, 2019-2022 (USD Million)
Table 191 Middle East & Africa: Market, by Service, 2023-2028 (USD Million)
Table 192 Middle East & Africa: Market, by Professional Service, 2019-2022 (USD Million)
Table 193 Middle East & Africa: Market, by Professional Service, 2023-2028 (USD Million)
Table 194 Middle East & Africa: Market, by Application, 2019-2022 (USD Million)
Table 195 Middle East & Africa: Market, by Application, 2023-2028 (USD Million)
Table 196 Middle East & Africa: Market, by Vertical, 2019-2022 (USD Million)
Table 197 Middle East & Africa: Market, by Vertical, 2023-2028 (USD Million)
Table 198 Middle East & Africa: Market, by Country, 2019-2022 (USD Million)
Table 199 Middle East & Africa: Market, by Country, 2023-2028 (USD Million)
9.5.3 Saudi Arabia
9.5.3.1 Major Investments by Tech Giants to Bring AI Revolution
Table 200 Saudi Arabia: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 201 Saudi Arabia: Market, by Offering, 2023-2028 (USD Million)
9.5.4 UAE
9.5.4.1 Adoption of Trailblazing Technologies for Advanced Education System to Boost Market
Table 202 UAE: Market, by Offering, 2019-2022 (USD Million)
Table 203 UAE: Market, by Offering, 2023-2028 (USD Million)
9.5.5 South Africa
9.5.5.1 Healthcare Vertical to Initiate Developments in Generative AI Space
Table 204 South Africa: Market, by Offering, 2019-2022 (USD Million)
Table 205 South Africa: Market, by Offering, 2023-2028 (USD Million)
9.5.6 Israel
9.5.6.1 Strong Cluster of Generative AI Startups to Lead to Market Growth
Table 206 Israel: Market, by Offering, 2019-2022 (USD Million)
Table 207 Israel: Market, by Offering, 2023-2028 (USD Million)
9.5.7 Rest of Middle East & Africa
Table 208 Rest of Middle East & Africa: Market, by Offering, 2019-2022 (USD Million)
Table 209 Rest of Middle East & Africa: Market, by Offering, 2023-2028 (USD Million)
9.6 Latin America
9.6.1 Latin America: Market Drivers
9.6.2 Latin America: Recession Impact
Table 210 Latin America: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 211 Latin America: Market, by Offering, 2023-2028 (USD Million)
Table 212 Latin America: Market, by Software, 2019-2022 (USD Million)
Table 213 Latin America: Market, by Software, 2023-2028 (USD Million)
Table 214 Latin America: Market, by Service, 2019-2022 (USD Million)
Table 215 Latin America: Market, by Service, 2023-2028 (USD Million)
Table 216 Latin America: Market, by Professional Service, 2019-2022 (USD Million)
Table 217 Latin America: Market, by Professional Service, 2023-2028 (USD Million)
Table 218 Latin America: Market, by Application, 2019-2022 (USD Million)
Table 219 Latin America: Market, by Application, 2023-2028 (USD Million)
Table 220 Latin America: Market, by Vertical, 2019-2022 (USD Million)
Table 221 Latin America: Market, by Vertical, 2023-2028 (USD Million)
Table 222 Latin America: Market, by Country, 2019-2022 (USD Million)
Table 223 Latin America: Market, by Country, 2023-2028 (USD Million)
9.6.3 Brazil
9.6.3.1 Establishment of Cloud Region to Propel Market
Table 224 Brazil: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 225 Brazil: Market, by Offering, 2023-2028 (USD Million)
9.6.4 Mexico
9.6.4.1 Use of Chatgpt by Mexican Bank Banorte to Create Growth Opportunities
Table 226 Mexico: Market, by Offering, 2019-2022 (USD Million)
Table 227 Mexico: Market, by Offering, 2023-2028 (USD Million)
9.6.5 Argentina
9.6.5.1 Inflation to Affect Market
Table 228 Argentina: Market, by Offering, 2019-2022 (USD Million)
Table 229 Argentina: Market, by Offering, 2023-2028 (USD Million)
9.6.6 Rest of Latin America
Table 230 Rest of Latin America: Market, by Offering, 2019-2022 (USD Million)
Table 231 Rest of Latin America: Market, by Offering, 2023-2028 (USD Million)

10 Competitive Landscape
10.1 Overview
10.2 Key Strategies Adopted by Major Players
Table 232 Overview of Strategies Adopted by Key Generative AI Vendors
10.3 Revenue Analysis
10.3.1 Historic Revenue Analysis
Figure 56 Historic Revenue Analysis of Top Five Players, 2020-2022 (USD Million)
10.4 Market Share Analysis
Figure 57 Market Share Analysis for Key Companies in 2022
Table 233 Generative AI Market: Degree of Competition
10.5 Company Evaluation Quadrant
10.5.1 Stars
10.5.2 Emerging Leaders
10.5.3 Pervasive Players
10.5.4 Participants
Figure 58 Generative AI Market: Company Evaluation Quadrant, 2022
10.6 Competitive Benchmarking
Table 234 Market: Product Footprint Analysis of Key Players, 2022
Table 235 Market: Product Footprint Analysis of Other Key Players, 2022
10.7 Startup/SME Evaluation Quadrant
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 59 Startup/SME Generative AI Players: Company Evaluation Quadrant, 2022
10.8 Startup/SME Competitive Benchmarking
Table 236 Market: Detailed List of Key Startups/SMEs
Table 237 Generative AI Market: Product Footprint Analysis of Startup/SME Players, 2022
10.9 Generative AI Product Landscape
Figure 60 Generative AI: Top Trending Products
10.9.1 Trending Text-based Generative AI Products
Table 238 Comparative Analysis of Trending Text-based Generative AI Products
10.9.1.1 Chatgpt
10.9.1.2 Bing
10.9.1.3 Bard
10.9.1.4 Youchat
10.9.1.5 Character.AI
10.9.2 Trending Image-based Generative AI Products
Table 239 Comparative Analysis of Trending Image-based Generative AI Products
10.9.2.1 Dall-E
10.9.2.2 Craiyon
10.9.2.3 Midjourney
10.9.2.4 Stable Diffusion
10.9.2.5 Nightcafe
10.9.3 Trending Video-based Generative AI Products
Table 240 Comparative Analysis of Trending Video-based Generative AI Products
10.9.3.1 Synthesia
10.9.3.2 Lumen5
10.9.3.3 Elai
10.9.3.4 Flexclip
10.9.3.5 Veed.Io
10.9.4 Trending Code-based Generative AI Products
Table 241 Comparative Analysis of Trending Code-based Generative AI Products
10.9.4.1 Codex
10.9.4.2 Pycharm
10.9.4.3 Tabnine
10.9.4.4 Codota
10.9.4.5 Sourceai
10.9.5 Trending Audio-based Generative AI Products
Table 242 Comparative Analysis of Trending Audio-based Generative AI Products
10.9.5.1 Speechify
10.9.5.2 Play.Ht
10.9.5.3 Murf
10.9.5.4 Aiva
10.9.5.5 Openai Jukebox
10.9.6 Other Trending Generative AI Products
10.9.6.1 Vue.AI
10.9.6.2 Syte
10.9.6.3 Artomatix
10.9.6.4 Clara.Io
10.9.6.5 Matterport
10.9.7 Valuation and Financial Metrics of Key Generative AI Vendors
Table 243 Valuation and Financial Metrics of Key Generative AI Vendors
10.10 Competitive Scenario and Trends
10.10.1 Product Launches and Enhancements
Table 244 New Service/Solution Launches, 2021-2023
10.10.2 Deals
Table 245 Deals, 2021-2023

11 Company Profiles
11.1 Introduction
Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View
11.2 Key Players
11.2.1 Microsoft
Table 246 Microsoft: Business Overview
Figure 61 Microsoft: Company Snapshot
Table 247 Microsoft: Solutions/Services Offered
Table 248 Microsoft: Product Launches and Enhancements
Table 249 Microsoft: Deals
11.2.2 Aws
Table 250 Aws: Business Overview
Figure 62 Aws: Company Snapshot
Table 251 Aws: Solutions/Services Offered
Table 252 Aws: Product Launches and Enhancements
Table 253 Aws: Deals
11.2.3 Google
Table 254 Google: Business Overview
Figure 63 Google: Company Snapshot
Table 255 Google: Solutions/Services Offered
Table 256 Google: Product Launches and Enhancements
Table 257 Google: Deals
11.2.4 Adobe
Table 258 Adobe: Business Overview
Figure 64 Adobe: Company Snapshot
Table 259 Adobe: Solutions/Services Offered
Table 260 Adobe: Product Launches and Enhancements
Table 261 Adobe: Deals
11.2.5 IBM
Table 262 IBM: Business Overview
Figure 65 IBM: Company Snapshot
Table 263 IBM: Solutions/Services Offered
Table 264 IBM: Product Launches and Enhancements
Table 265 IBM: Deals
11.2.6 Openai
Table 266 Openai: Business Overview
Table 267 Openai: Solutions/Services Offered
Table 268 Openai: Product Launches and Enhancements
Table 269 Openai: Deals
11.2.7 Meta
Table 270 Meta: Business Overview
Figure 66 Meta: Company Snapshot
Table 271 Meta: Solutions/Services Offered
Table 272 Meta: Product Launches and Enhancements
Table 273 Meta: Deals
11.2.8 Insilico Medicine
Table 274 Insilico Medicine: Business Overview
Table 275 Insilico Medicine: Solutions/Services Offered
Table 276 Insilico Medicine: Product Launches and Enhancements
Table 277 Insilico Medicine: Deals
11.2.9 Simplified
11.2.10 Genie AI
11.2.11 Lightricks
11.2.12 Lumen5
11.2.13 Giphy
11.2.14 Dialpad
11.2.15 Persado
11.2.16 Codacy
11.3 Startup/SME Profiles
11.3.1 Paige.AI
11.3.2 Riffusion
11.3.3 Play.Ht
11.3.4 Speechify
11.3.5 Media.Io
11.3.6 Midjourney
11.3.7 Fireflies
11.3.8 Brandmark.Io
11.3.9 Morphis Technologies
11.3.10 Synthesia
11.3.11 Mostly AI
11.3.12 Veesual
11.3.13 Deep AI
11.3.14 Galileo
11.3.15 Excel Formula Bot
11.3.16 Jetbrains
11.3.17 Character.AI
11.4 Open-Source Companies
11.4.1 Gfp-Gan
11.4.2 Fontjoy
11.4.3 Eleutherai
11.4.4 Starryai
11.4.5 Magic Studio
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.

12 Adjacent and Related Markets
12.1 Conversational AI Market
12.1.1 Market Definition
12.1.2 Market Overview
12.1.2.1 Conversational AI Market, by Component
Table 278 Conversational AI Market, by Component, 2016-2020 (USD Million)
Table 279 Conversational AI Market, by Component, 2021-2026 (USD Million)
Table 280 Conversational AI Market, by Service, 2016-2020 (USD Million)
Table 281 Conversational AI Market, by Service, 2021-2026 (USD Million)
12.1.2.2 Conversational AI Market, by Type
Table 282 Conversational AI Market, by Type, 2016-2020 (USD Million)
Table 283 Conversational AI Market, by Type, 2021-2026 (USD Million)
12.1.2.3 Conversational AI Market, by Deployment Mode
Table 284 Conversational AI Market, by Deployment Mode, 2016-2020 (USD Million)
Table 285 Conversational AI Market, by Deployment Mode, 2021-2026 (USD Million)
12.1.2.4 Conversational AI Market, by Organization Size
Table 286 Conversational AI Market, by Organization Size, 2016-2020 (USD Million)
Table 287 Conversational AI Market, by Organization Size, 2021-2026 (USD Million)
12.1.2.5 Conversational AI Market, by Mode of Integration
Table 288 Conversational AI Market, by Mode of Integration, 2016-2020 (USD Million)
Table 289 Conversational AI Market, by Mode of Integration, 2021-2026 (USD Million)
12.1.2.6 Conversational AI Market, by Technology
Table 290 Conversational AI Market, by Technology, 2016-2020 (USD Million)
Table 291 Conversational AI Market, by Technology, 2021-2026 (USD Million)
12.1.2.7 Conversational AI Market, by Business Function
Table 292 Conversational AI Market, by Business Function, 2016-2020 (USD Million)
Table 293 Conversational AI Market, by Business Function, 2021-2026 (USD Million)
12.1.2.8 Conversational AI Market, by Vertical
Table 294 Conversational AI Market, by Vertical, 2016-2020 (USD Million)
Table 295 Conversational AI Market, by Vertical, 2021-2026 (USD Million)
12.1.2.9 Conversational AI Market, by Region
Table 296 Conversational AI Market, by Region, 2016-2020 (USD Million)
Table 297 Conversational AI Market, by Region, 2021-2026 (USD Million)
12.2 Chatbot Market
12.2.1 Market Definition
12.2.2 Market Overview
12.2.2.1 Chatbot Market, by Component
Table 298 Chatbot Market, by Component, 2015-2019 (USD Million)
Table 299 Chatbot Market, by Component, 2020-2026 (USD Million)
Table 300 Chatbot Market, by Solution, 2015-2019 (USD Million)
Table 301 Chatbot Market, by Solution, 2020-2026 (USD Million)
Table 302 Chatbot Market, by Service, 2015-2019 (USD Million)
Table 303 Chatbot Market, by Service, 2020-2026 (USD Million)
Table 304 Professional Services: Chatbot Market, by Type, 2015-2019 (USD Million)
Table 305 Professional Services: Chatbot Market, by Type, 2020-2026 (USD Million)
12.2.2.2 Chatbot Market, by Type
Table 306 Chatbot Market, by Type, 2015-2019 (USD Million)
Table 307 Chatbot Market, by Type, 2020-2026 (USD Million)
12.2.2.3 Chatbot Market, by Deployment Mode
Table 308 Chatbot Market, by Deployment Mode, 2015-2019 (USD Million)
Table 309 Chatbot Market, by Deployment Mode, 2020-2026 (USD Million)
12.2.2.4 Chatbot Market, by Channel Integration
Table 310 Chatbot Market, by Channel Integration, 2015-2019 (USD Million)
Table 311 Chatbot Market, by Channel Integration, 2020-2026 (USD Million)
12.2.2.5 Chatbot Market, by Organization Size
Table 312 Chatbot Market, by Organization Size, 2015-2019 (USD Million)
Table 313 Chatbot Market, by Organization Size, 2020-2026 (USD Million)
12.2.2.6 Chatbot Market, by Business Function
Table 314 Chatbot Market, by Business Function, 2015-2019 (USD Million)
Table 315 Chatbot Market, by Business Function, 2020-2026 (USD Million)
12.2.2.7 Chatbot Market, by Application
Table 316 Chatbot Market, by Application, 2015-2019 (USD Million)
Table 317 Chatbot Market, by Application, 2020-2026 (USD Million)
12.2.2.8 Chatbot Market, by Vertical
Table 318 Chatbot Market, by Vertical, 2015-2019 (USD Million)
Table 319 Chatbot Market, by Vertical, 2020-2026 (USD Million)
12.2.2.9 Chatbot Market, by Region
Table 320 Chatbot Market, by Region, 2015-2019 (USD Million)
Table 321 Chatbot Market, by Region, 2020-2026 (USD Million)

13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: The Subscription Portal
13.3 Customization Options

Executive Summary

Companies Mentioned

  • Adobe
  • Aws
  • Brandmark.Io
  • Character.AI
  • Codacy
  • Deep AI
  • Dialpad
  • Eleutherai
  • Excel Formula Bot
  • Fireflies
  • Fontjoy
  • Galileo
  • Genie AI
  • Gfp-Gan
  • Giphy
  • Google
  • IBM
  • Insilico Medicine
  • Jetbrains
  • Lightricks
  • Lumen5
  • Magic Studio
  • Media.Io
  • Meta
  • Microsoft
  • Midjourney
  • Morphis Technologies
  • Mostly AI
  • Openai
  • Paige.AI
  • Persado
  • Play.Ht
  • Riffusion
  • Simplified
  • Speechify
  • Starryai
  • Synthesia
  • Veesual

Methodology

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Table Information