Generative Artificial Intelligence (AI) Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Germany, UK, France - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 155 SKU: IRTNTR75644

Generative Artificial Intelligence ( AI ) Market Size 2023-2027

The  Global Artificial Intelligence ( AI ) market size is forecast to increase by USD 34.70 billion at a CAGR of 32.65% between 2022 and 2027.

The growth of the market depends on several factors, including increasing demand for AI-generated content, increasing adoption in various industries, and the emergence of fully autonomous solutions. Generative AI refers to AI systems that can create or generate new content, such as images, videos, and text, without human intervention. This is achieved using deep learning techniques and their ability to learn and mimic patterns in large amounts of data. has numerous applications in creative industries, such as music and art, as well as in industries that require the creation of new content, such as marketing and advertising.

Generative AI Market Share and Forecast

Page Number 155
Forecast period 2023-2027
Historic period 2017 - 2021
List of Charts and Table 185
Growth momentum & CAGR 32.65%
Market Growth 2024-2028 USD 34.70 Billion

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Market Overview

The market is witnessing rapid growth and innovation driven by advancements in AI technology. Organizations are leveraging its capabilities to enhance their products and services across various sectors. Powered by sophisticated algorithms and machine learning, Generative AI enables automation of tasks, predictive modeling, and deep learning techniques. It has found applications in diverse domains such as healthcare, where it aids in diagnosis and treatment planning. With startups entering the fray and competition intensifying, the market shows immense potential for development. As more organizations integrate Generative AI into their workflows, its capabilities and offerings continue to expand, shaping the future of AI-driven innovation. The market refers to the industry focused on artificial intelligence systems that can generate original and creative content. This market is witnessing a significant shift due to advancements in deep learning and neural networks.

 Key Market Driver

One of the key factors driving the generative artificial intelligence (AI) market growth is the increasing demand for AI-generated content. There has been an escalating demand for AI-generated content over the years as organizations leverage AI technology and capabilities for various applications. From chatbots to music generation, AI-powered systems are producing text, audio, and responses with unprecedented accuracy and sophistication.

This innovation is reshaping industries, enabling enterprises to streamline activities, enhance automation, and develop predictive models for data analysis. With the rise of startups and competition in the AI market, the potential for further advancements and offerings in generative AI is vast.

Significant Market Trends

A key factor shaping the generative artificial intelligence market development is the acceleration in the deployment of large language models (LLM). There has been significant growth in the global generative artificial intelligence market due to the deployment of LLM. One of the key features of this tool is that it utilizes deep learning techniques to create natural language text that mimics human speech. 

Hence, by utilizing these models, companies can now automate and improve different processes, such as customer service, content creation, and data analysis. For example, GPT-3 (Generative Pre-trained Transformer 3) is a language model developed by Open AI that has gained immense popularity in recent times. It has the capability to generate human-like text that is indistinguishable from text written by humans. Hence, such applications are expected to drive global market growth during the forecast period.

Major Market Restrain

Lack of quality data is one of the key challenges hindering the market growth. There is a growing concern among companies regarding the quality of data generated by these AI tools such that the lack of quality data can lead to inaccurate or incomplete information being disseminated to the public.

 For instance, an AI-generated news article reports on a recent event, but the article comprises errors and false information, resulting in misleading the readers and damaging the credibility of the news outlet. Therefore, end-user companies implementing AI technology must also ensure that they have proper quality control mechanisms in place to check the accuracy of data. Thus, such factors are expected to hinder the global market growth during the forecast period.

Artificial Intelligence ( AI ) Market Segmentation

This market report extensively covers market segmentation by component (software and services), technology (transformers, generative adversarial networks (GANs), variational autoencoder (VAE), and diffusion networks), and geography (North America, APAC, Europe, South America, and Middle East and Africa). 

By Component

The software segment is estimated to witness significant change during the forecast period. There is an increasing requirement for software that can analyze data and generate unique outputs across different enterprises. For instance, one prime example of software is GPT-4, which utilizes deep learning techniques to generate text that is indistinguishable from that written by a human.

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The software segment was the largest segment and was valued at USD 1.88 billion in 2017. Some of the main applications of this software across enterprises include content creation and customer service automation. Another prime example of AI-based software is StyleGAN which utilizes machine learning to generate realistic human faces and has wide applications in the fashion and beauty industry to generate virtual models for clothing and makeup. Runway is also another AI-based tool that is used by designers and artists to create new designs and artwork. Hence, such applications are expected to drive the growth of this segment which in turn will drive the global market growth during the forecast period.

By Technology

The ability to generate high-quality datasets and content with ease is expected to drive the transformer segment during the forecast period. One of the main advantages of the transformer segment in the global AI market is that it offer a powerful and flexible solution for ML tasks that require the processing of complex and large volumes of data. The transformer segment can generate more accurate and realistic outputs as they are better able to handle the natural language input and output. Hence, due to other applications and the growing need to generate accurate data across enterprises, it is expected to drive the growth of this segment which, in turn, will drive the global market growth during the forecast period.

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Regional Overview

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North America is estimated to contribute 66% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors for the significant growth of the global market in North America is factors such as advancements in machine learning and natural language processing that led to the development of innovative solutions that have transformed several industries in the region. Some of the key industries that are transformed due to the development of the market include the health sector and financial sector. For instance, AI-powered tools are widely utilized across companies to give personalized investment expertise advice to clients. Hence, such wide applications of AI-based tools across enterprises are expected to drive global market growth during the forecast period.

Market Customer Landscape

The market forecasting industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Global Market Customer Landscape

Who are the Major Artificial Intelligence ( AI ) Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Accenture Plc: The company offers such as Accenture , which is a suite of tools that help businesses build and deploy applications.

Adobe Inc: The company offers such as Adobe Sensei, which is a suite of AI-powered tools that help users create, edit, and deliver content more efficiently.

Alphabet Inc: The company offers Google Cloud AutoML, which is a suite of tools that help developers build custom machine learning models without having to write any code.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Altair Engineering Inc.
  • Amazon.com Inc.
  • Autodesk Inc.
  • DataRobot Inc.
  • De Identification Ltd.
  • Diabatix NV
  • Genie AI Ltd.
  • Hexagon AB
  • International Business Machines Corp.
  • LeewayHertz
  • Microsoft Corp.
  • MOSTLY AI Solutions MP GmbH
  • nTopology Inc.
  • NVIDIA Corp.
  • OpenAI L.L.C.
  • Rephrase Technologies Pvt. Ltd.
  • Synthesia Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The revolutionizing the landscape of ai applications provides organizations with unprecedented capabilities to create dynamic and engaging content. Leveraging sophisticated algorithms and machine learning, Generative AI empowers chatbots, chatbot to deliver natural and contextually relevant responses. Its applications span across various sectors, from healthcare to entertainment, where it enables the integration of music, text, and even audio. As startups enter the market and competition heats up, the potential to continue to grow, offering innovative solutions and expanding its capabilities to meet the evolving demands of organizations worldwide.

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Segment Overview

The market report forecasts growth by revenue at global, regional & country levels and provides an analysis of the latest trends and development opportunities from 2017 to 2027. 

  • Component Outlook
    • Software
    • Services
  • Technology Outlook
    • Transformers
    • Generative adversarial networks (GANs)
    • Variational autoencoder (VAE)
    • Diffusion networks
  • Geography Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

Generative AI Market Scope

Report Coverage

Details

Page number

155

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 32.65%

Market growth 2023-2027

USD 34.70 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

31.65

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 66%

Key countries

US, China, Germany, UK, and France

Competitive landscape

Leading Comapanies, Market Positioning of Comapanies, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Adobe Inc., Alphabet Inc., Altair Engineering Inc., Amazon.com Inc., Autodesk Inc., DataRobot Inc., De-Identification Ltd., Diabatix NV, Genie AI Ltd., Hexagon AB, International Business Machines Corp., LeewayHertz, Microsoft Corp., MOSTLY AI Solutions MP GmbH, nTopology Inc., NVIDIA Corp., OpenAI L.L.C., Rephrase Technologies Pvt. Ltd., and Synthesia Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market growth analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and changes in consumer behavior.
  • Growth of the market across North America, APAC, Europe, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market Companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    •  Executive Summary – Chart on Market Overview
    •  Executive Summary – Data Table on Market Overview
    •  Executive Summary – Chart on Global Market Characteristics
    •  Executive Summary – Chart on Market by Geography
    •  Executive Summary – Chart on Market Segmentation by Type
    •  Executive Summary – Chart on Market Segmentation by Distribution Channel
    •  Executive Summary – Chart on Incremental Growth
    •  Executive Summary – Data Table on Incremental Growth
    •  Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    •  Parent market
    •  Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    •  Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    •  Market segments
  • 3.3 Market size 2023
  • 3.4 Market outlook Forecast for 2023-2028
    •  Chart on Global - Market size and forecast 2023-2028 ($ billion)
    •  Data Table on Global - Market size and forecast 2023-2028 ($ billion)
    •  Chart on Global Market Year-over-year growth 2023-2028 (%)
    •  Data Table on Global Market Year-over-year growth 2023-2028 (%)

4 Historic Market Size

  • 4.1 Global apple market 2018 - 2022
    •  Historic Market Size – Data Table on global apple market 2018 - 2022 ($ billion)
  • 4.2 Type Segment Analysis 2018 - 2022
    •  Historic Market Size – Type Segment 2018 - 2022 ($ billion)
  • 4.3 Distribution Channel Segment Analysis 2018 - 2022
    •  Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
  • 4.4 Geography Segment Analysis 2018 - 2022
    •  Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
  • 4.5 Country Segment Analysis 2018 - 2022
    •  Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary
    •  Five forces analysis - Comparison between 2023 and 2028
  • 5.2 Bargaining power of buyers
    •  Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
  • 5.3 Bargaining power of suppliers
    •  Bargaining power of suppliers – Impact of key factors in 2023 and 2028
  • 5.4 Threat of new entrants
    •  Threat of new entrants – Impact of key factors in 2023 and 2028
  • 5.5 Threat of substitutes
    •  Threat of substitutes – Impact of key factors in 2023 and 2028
  • 5.6 Threat of rivalry
    •  Threat of rivalry – Impact of key factors in 2023 and 2028
  • 5.7 Market condition
    •  Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Component

  • 6.1 Market segments
    • Chart on Component - Market share 2022-2027 (%)
    • Data Table on Component - Market share 2022-2027 (%)
  • 6.2 Comparison by Component
    • Chart on Comparison by Component
    • Data Table on Comparison by Component
  • 6.3 Software - Market size and forecast 2022-2027
    • Chart on Software - Market size and forecast 2022-2027 ($ million)
    • Data Table on Software - Market size and forecast 2022-2027 ($ million)
    • Chart on Software - Year-over-year growth 2022-2027 (%)
    • Data Table on Software - Year-over-year growth 2022-2027 (%)
  • 6.4 Services - Market size and forecast 2022-2027
    • Chart on Services - Market size and forecast 2022-2027 ($ million)
    • Data Table on Services - Market size and forecast 2022-2027 ($ million)
    • Chart on Services - Year-over-year growth 2022-2027 (%)
    • Data Table on Services - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Component
    • Market opportunity by Component ($ million)
    • Data Table on Market opportunity by Component ($ million)

7 Market Segmentation by Technology

  • 7.1 Market segments
    • Chart on Technology - Market share 2022-2027 (%)
    • Data Table on Technology - Market share 2022-2027 (%)
  • 7.2 Comparison by Technology
    • Chart on Comparison by Technology
    • Data Table on Comparison by Technology
  • 7.3 Transformers - Market size and forecast 2022-2027
    • Chart on Transformers - Market size and forecast 2022-2027 ($ million)
    • Data Table on Transformers - Market size and forecast 2022-2027 ($ million)
    • Chart on Transformers - Year-over-year growth 2022-2027 (%)
    • Data Table on Transformers - Year-over-year growth 2022-2027 (%)
  • 7.4 Generative adversarial networks (GANs) - Market size and forecast 2022-2027
    • Chart on Generative adversarial networks (GANs) - Market size and forecast 2022-2027 ($ million)
    • Data Table on Generative adversarial networks (GANs) - Market size and forecast 2022-2027 ($ million)
    • Chart on Generative adversarial networks (GANs) - Year-over-year growth 2022-2027 (%)
    • Data Table on Generative adversarial networks (GANs) - Year-over-year growth 2022-2027 (%)
  • 7.5 Variational autoencoder (VAE) - Market size and forecast 2022-2027
    • Chart on Variational autoencoder (VAE) - Market size and forecast 2022-2027 ($ million)
    • Data Table on Variational autoencoder (VAE) - Market size and forecast 2022-2027 ($ million)
    • Chart on Variational autoencoder (VAE) - Year-over-year growth 2022-2027 (%)
    • Data Table on Variational autoencoder (VAE) - Year-over-year growth 2022-2027 (%)
  • 7.6 Diffusion networks - Market size and forecast 2022-2027
    • Chart on Diffusion networks - Market size and forecast 2022-2027 ($ million)
    • Data Table on Diffusion networks - Market size and forecast 2022-2027 ($ million)
    • Chart on Diffusion networks - Year-over-year growth 2022-2027 (%)
    • Data Table on Diffusion networks - Year-over-year growth 2022-2027 (%)
  • 7.7 Market opportunity by Technology
    • Market opportunity by Technology ($ million)
    • Data Table on Market opportunity by Technology ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview
    •  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation
    •  Chart on Market share by geography 2023-2028 (%)
    •  Data Table on Market share by geography 2023-2028 (%)
  • 9.2 Geographic comparison
    •  Chart on Geographic comparison
    •  Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Chart on North America - Year-over-year growth 2022-2027 (%)
    • Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 APAC - Market size and forecast 2022-2027
    • Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027
    • Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Chart on South America - Year-over-year growth 2022-2027 (%)
    • Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027
    • Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Chart on US - Market size and forecast 2022-2027 ($ million)
    • Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Chart on US - Year-over-year growth 2022-2027 (%)
    • Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027
    • Chart on China - Market size and forecast 2022-2027 ($ million)
    • Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Chart on China - Year-over-year growth 2022-2027 (%)
    • Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 Germany - Market size and forecast 2022-2027
    • Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.11 UK - Market size and forecast 2022-2027
    • Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Chart on UK - Year-over-year growth 2022-2027 (%)
    • Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.12 France - Market size and forecast 2022-2027
    • Chart on France - Market size and forecast 2022-2027 ($ million)
    • Data Table on France - Market size and forecast 2022-2027 ($ million)
    • Chart on France - Year-over-year growth 2022-2027 (%)
    • Data Table on France - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography
    • Market opportunity by geography ($ million)
    • Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges
    •  Impact of drivers and challenges in 2023 and 2028
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    •  Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    •  Overview on factors of disruption
  • 11.4 Industry risks
    •  Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    •  Vendors covered
  • 12.2 Market positioning of vendors
    •  Matrix on vendor position and classification
  • 12.3 Accenture Plc
    • Accenture Plc - Overview
    • Accenture Plc - Business segments
    • Accenture Plc - Key news
    • Accenture Plc - Key offerings
    • Accenture Plc - Segment focus
  • 12.4 Adobe Inc.
    • Adobe Inc. - Overview
    • Adobe Inc. - Business segments
    • Adobe Inc. - Key offerings
    • Adobe Inc. - Segment focus
  • 12.5 Alphabet Inc.
    • Alphabet Inc. - Overview
    • Alphabet Inc. - Business segments
    • Alphabet Inc. - Key news
    • Alphabet Inc. - Key offerings
    • Alphabet Inc. - Segment focus
  • 12.6 Altair Engineering Inc.
    • Altair Engineering Inc. - Overview
    • Altair Engineering Inc. - Business segments
    • Altair Engineering Inc. - Key news
    • Altair Engineering Inc. - Key offerings
    • Altair Engineering Inc. - Segment focus
  • 12.7 Amazon.com Inc.
    • Amazon.com Inc. - Overview
    • Amazon.com Inc. - Business segments
    • Amazon.com Inc. - Key news
    • Amazon.com Inc. - Key offerings
    • Amazon.com Inc. - Segment focus
  • 12.8 Autodesk Inc.
    • Autodesk Inc. - Overview
    • Autodesk Inc. - Product / Service
    • Autodesk Inc. - Key offerings
  • 12.9 De Identification Ltd.
    • De Identification Ltd. - Overview
    • De Identification Ltd. - Product / Service
    • De Identification Ltd. - Key offerings
  • 12.10 Genie AI Ltd.
    • Genie AI Ltd. - Overview
    • Genie AI Ltd. - Product / Service
    • Genie AI Ltd. - Key offerings
  • 12.11 International Business Machines Corp.
    • International Business Machines Corp. - Overview
    • International Business Machines Corp. - Business segments
    • International Business Machines Corp. - Key news
    • International Business Machines Corp. - Key offerings
    • International Business Machines Corp. - Segment focus
  • 12.12 Microsoft Corp.
    • Microsoft Corp. - Overview
    • Microsoft Corp. - Business segments
    • Microsoft Corp. - Key news
    • Microsoft Corp. - Key offerings
    • Microsoft Corp. - Segment focus
  • 12.13 MOSTLY AI Solutions MP GmbH
    • MOSTLY AI Solutions MP GmbH - Overview
    • MOSTLY AI Solutions MP GmbH - Product / Service
    • MOSTLY AI Solutions MP GmbH - Key offerings
  • 12.14 NVIDIA Corp.
    • NVIDIA Corp. - Overview
    • NVIDIA Corp. - Business segments
    • NVIDIA Corp. - Key news
    • NVIDIA Corp. - Key offerings
    • NVIDIA Corp. - Segment focus
  • 12.15 OpenAI L.L.C.
    • OpenAI L.L.C. - Overview
    • OpenAI L.L.C. - Product / Service
    • OpenAI L.L.C. - Key offerings
  • 12.16 Rephrase Technologies Pvt. Ltd.
    • Rephrase Technologies Pvt. Ltd. - Overview
    • Rephrase Technologies Pvt. Ltd. - Product / Service
    • Rephrase Technologies Pvt. Ltd. - Key offerings
  • 12.17 Synthesia Ltd.
    • Synthesia Ltd. - Overview
    • Synthesia Ltd. - Product / Service
    • Synthesia Ltd. - Key offerings

13 Appendix

  • 13.1 Scope of the report
    • 13.2 Inclusions and exclusions checklist
      • Inclusions checklist
      • Exclusions checklist
    • 13.3 Currency conversion rates for US$
      • Currency conversion rates for US$
    • 13.4 Research methodology
      • Research methodology
      • Validation techniques employed for market sizing
      • Information sources
    • 13.5 List of abbreviations
      • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    generative ai market market

    Key Questions Answered

    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?

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