Generative AI Market Crosses USD 12 million in 2022 Valuation in in 2022, Envisions 29.6% CAGR Surge Up to 2030

The most recent report by MarkNtel Advisors, titled “Global Generative AI Market Size, Share, Analysis, Research, Report 2030” offers a comprehensive industry assessment and market outlook. This research presents an extensive overview of the present market conditions, encompassing market trends and the latest developments. The report delves deeply into aspects such as market size, market share, industry trends, forecasts, and the competitive landscape, providing a clear and well-supported depiction of the market through relevant statistical data.

This report seamlessly blends comprehensive quantitative and qualitative analyses, spanning from macro-level insights into the overall market size, industry supply chain, and market dynamics to intricate details of specific segment markets. Consequently, it offers a comprehensive industry overview while affording an in-depth comprehension of all the critical facets within the study’s scope.

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Global Generative AI Market Key Driver: Growing Awareness About Generative AI to Thrive Market Growth

The surging consciousness about Generative AI acts as a key driver of the Generative AI Market. Conventional AI-driven conversational interfaces are often limited by predefined instructions, resulting in inadequate responses due to their inability to fully comprehend user queries. Generative AI, on the other hand, addresses this issue by understanding, learning, and formulating chat responses based on context and intent.

These generative models rely on virtual assistants, incorporating technologies like chatbots, deep learning, NLP (Natural Language Processing), NGL (Natural Language Generation), and LLM (Large Language Models). As a result, this empowers intelligent virtual assistants and other conversational interfaces to engage with users in a more human-like manner. As consumers become more aware of the advantages of generative AI, its adoption is on the rise for various applications. The user-friendly nature & benefits provided by generative AI are expected to contribute to boosting the Generative AI Market growth in the foreseeable future.

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What do you get in this report?

  • Forecasts for the Generative AI Market, encompassing both well-established and emerging markets.
  • An exploration of various market perspectives using Porter’s Five Forces analysis.
  • Insights into the market sectors poised to dominate on a global scale.
  • Projections for regions expected to experience the most rapid growth during the forecast period.
  • Examination of the latest developments, global market shares, and marketing strategies employed by top competitors in the Generative AI industry.
  • Factors influencing the overall market’s growth trajectory.
  • Potential barriers to the market’s expansion in the coming years.
  • An in-depth look at the competitive landscape and intricate insights into the potential business opportunities for key market players.
  • Pricing strategies adopted by various participants within the Generative AI Market.

Stay ahead of the market competition:

The report integrates factual data, numerical figures, and market insights to generate revenue assessments and market projections. This is accomplished through a diverse array of statistical tools and the expertise of industry professionals. Each prominent player undergoes a comprehensive examination, which includes a SWOT analysis, a detailed profile, and a complementary Porter’s Five Forces analysis.

To seize emerging opportunities, key market participants have consistently been reevaluating and adjusting their strategies and operational methods. Our analysis extends beyond major global corporations to encompass regional small and medium-sized enterprises that hold significant roles and possess substantial growth potential. This approach allows us to accurately portray the level of competition within the industry.

This section provides detailed information about the key market participants: –

IBM Corporation, Google LLC, Amazon Web Services, Adobe, Microsoft Corporation,, Meta, Genie AI Ltd., MOSTLY AI Inc., NVIDIA, Insilico Medicine, Open AI, Synthesia, Giphy, Lumen 5, and Others

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In-depth analysis of Generative AI Market Segmentation:

Our thorough analysis of market segmentation provides accurate and insightful data to assist our readers in making informed and strategic investment decisions. The research encompasses market forecasts at the global, regional, and national levels. It examines market trends within each market category for the years 2024 through 2030.

The Generative AI Market is highly fragmented and categorized into the following segments:

By Component



By Technology

-Generative Adversarial Networks (GANs)


-Variational Autoencoder (VAE)

-Diffusion Networks

-Retrieval Augmented Generation

By Application

-Computer Vision


-Robotics & Automation

-Content Generation

-Others (Chatbots & Intelligent Virtual Assistants, Predictive Analysis, etc.)

By Model

-Large Language Models

-Image & Video Generative Models

-Multi-model Generative Models

-Others (Text-to-Text Generative Models, Audio Generative Models, etc.)

By End User

-Media & Entertainment



-IT & Telecom

-Others (Automotive & Transportation, Gaming, etc.)

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By Region

-North America

-South America


-The Middle East & Africa


This Report Addresses Several Key Questions:

  • What are the particular strategies and constraints impacting market demand?
  • How will patterns, challenges, and trends influence the expansion and extent of the global market?
  • Which market factors will contribute to the formulation of client and corporate strategies?
  • What factors, such as rising demand and ongoing market developments, are exerting an influence?
  • What level of growth potential or capacity does the market possess in the near future?
  • Which region is likely to command the largest market share in the upcoming period?
  • Among the market segments discussed, which ones might be exploring opportunities for further expansion?
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About US:

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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