Generative AI to Become a $1.3 Trillion Market by 2032, Research …

New York, June 01, 2023 — With the influx of consumer generative AI programs like Google’s Bard and OpenAI’s ChatGPT, the generative AI market is poised to explode, growing to $1.3 …


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Generative AI To Become A $1.3 Trillion Market By 2032, Research …

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New York, June 01, 2023 — With the influx of consumer generative AI programs like Google’s Bard and OpenAI’s ChatGPT, the generative AI market is poised to explode, growing to $1.3 …

bloomberg.com

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Generative AI Races Toward $1.3 Trillion In Revenue By 2032

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Mar 8, 2024  · Generative AI is poised to be a $1.3 trillion market by 2032 as it boosts sales for the tech industry's hardware, software, services, ads and gaming segments at a compound annual …

bloomberg.com

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Generative AI To Explode To $1.3 Trillion Market By 2032: Report ...

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Jun 2, 2023  · The generative AI industry is set to grow from $40 billion in 2022 to a $1.3 trillion market in 2032. The industry will grow at a compounded rate of 42% per year, according to …

businessinsider.com

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Generative AI Statistics 2024 – Active Users & Market Size

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Aug 9, 2024  · Generative AI is estimated to reach the $1.3 trillion market by 2032. The generative AI industry is anticipated to grow at a CAGR of 42% in the next ten years. In 2023, the …

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Generative AI 2024 Report | Bloomberg Professional Services

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Generative AI 2024 Report Generative artificial intelligence is poised to produce $1.3 trillion in revenue — 10-12% of all technology spending — over the next eight years in hardware, …

bloomberg.com

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Generative AI Market Is Expected To Reach A Revenue Of USD …

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May 1, 2024  · Important Insights. The Generative AI market is expected to grow by USD 251.1 billion by 2032 from 2024 with a CAGR of 37.8%.. The software sector commands total …

yahoo.com

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55+ New Generative AI Stats (2024) - Exploding Topics

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Mar 27, 2024  · The global generative AI market is expected to reach $66.62 billion by the end of the year. Much of that growth will be driven by the United States, the largest individual market, …

explodingtopics.com

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The Generative AI Economy: Worth Up To $7.9T

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Jan 31, 2024  · Alternatively, Bloomberg Intelligence recently reported on the AI economy and found that the generative AI market is poised to grow at a 42% compound annual growth rate …

edge-ai-vision.com

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Report: Generative AI To Become Trillion Pound Market By 2032

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Jun 1, 2023  · With the influx of consumer generative AI programs like Google’s Bard and OpenAI’s ChatGPT, the generative AI market is poised to explode, growing to over £1 trillion …

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The Rise Of Generative AI: A $1.3 Trillion Opportunity By 2032

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Conclusion: The projected $1.3 trillion market value of generative AI by 2032 underscores the immense potential and transformative impact of this rapidly evolving field. As the training …

deepmindsystems.tech

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ChatGPT To Fuel $1.3 Trillion Generative AI Market By 2032

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Jun 1, 2023  · The release of consumer-focused artificial intelligence tools such as ChatGPT and Google’s Bard is set to fuel a decade-long boom that grows the market for generative AI to an …

bloomberg.com

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Generative AI Market Size To Worth US$ 208.8 Billion By 2032

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The Generative AI Market Size accounted for USD 13.9 Billion in 2023 and is projected to occupy a market size of USD 208.8 Billion by 2032 growing at a CAGR of 35.3% from 2024 to 2032. …

acumenresearchandconsulting.com

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Generative AI Market Will Hit 1.3 Trillion By 2032 - Stocklytics

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Jan 8, 2024  · The self-driving car market is expected to bloom exponentially to about 13.7 billion by 2030, with almost 10% of vehicles being driverless. The significant language models will …

stocklytics.com

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Opportunities And Challenges Of Applying Generative AI To

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Nov 20, 2024  · Generative AI’s global market was reported to be valued at $43.87 billion in 2023 and is projected to increase from $67.18 billion in 2024 to $967.65 billion by 2032. ... and tools …

forbes.com

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GenAI And The Future Enterprise | Deloitte Insights

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May 31, 2024  · Organizations are making big bets on generative AI. Nearly 80% of business and IT leaders expect gen AI to drive significant transformation in their industries in the next three …

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The Rise And Rise Of Generative AI - Newsroom

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1 day ago  · A June 2024 McKinsey report estimated that Gen AI could add the equivalent of US$2.6 trillion to US$4.4 trillion annually to the global economy. 1. Key legal challenges. The …

newsroom.co.nz

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Nvidia's Journey To The Top With $3.5 Trillion Market ... - Benzinga

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1 day ago  · Nvidia's journey to a $3.53 trillion market cap showcases its evolution from a GPU powerhouse to a leader in AI and data center innovation, overcoming challenges like supply …

benzinga.com

FAQs about Generative AI to Become a $1.3 Trillion Market by 2032, Research … Coupon?

What is the size of the generative AI market?

According to a new report by Bloomberg Intelligence (BI), the generative AI market is expected to grow to $1.3 trillion over the next 10 years. In 2022, the market size was just $40 billion. ...

Will generative AI grow in 2032?

“The world is poised to see an explosion of growth in the generative AI sector ... The release of consumer-focused artificial intelligence systems like OpenAI Inc.’s ChatGPT and Google’s Bard will fuel a decade-long boom, with the market for generative AI reaching $1.3 trillion in 2032 from $40 billion last year. ...

How big is the generative AI industry in 2022?

The generative AI industry is set to grow from $40 billion in 2022 to a $1.3 trillion market in 2032. The industry will grow at a compounded rate of 42% per year, according to Bloomberg Intelligence. The launch of OpenAI's chatbot ChatGPT in November fueled the hype around AI tools. ...

Will generative AI spend explode in 2032?

Generative AI spend is set to explode at an astonishing growth rate, Bloomberg predicts. Credit: Bloomberg The generative AI market, led by models like ChatGPT, is projected to surge from $67 billion to $1.3 trillion by 2032, says Bloomberg. ...

What is the generative AI market in 2023?

North America leads the generative AI market in 2023, contributing 41.0% of total revenue, assisted by increased pseudo-imagination techniques adoption & a rise in banking fraud incidents. Also, major market players like Meta, Google LLC, & Microsoft play a major role. ...

How much money will AI make in 2032?

Digital ads pertaining to AI will make revenues of $192 billion, while AI assistant software will be worth $89 billion, per the report. Generative AI is forecasted to make up about 10 to 12% of total IT hardware, software services, ad spending, and gaming markets by 2032, compared to less than 1% currently, Bloomberg Intelligence's report suggests. ...

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