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PUBLISHER: Grand View Research | PRODUCT CODE: 1575277
PUBLISHER: Grand View Research | PRODUCT CODE: 1575277
Enterprise Generative AI Market Size, Share & Trends Analysis Report By Component, By Model Type, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030
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Enterprise Generative AI Market Growth & Trends:
The global enterprise generative AI market size is expected to reach USD 19.80 billion by 2030, registering to grow at a CAGR of 37.4% from 2024 to 2030 according to a new report by Grand View Research, Inc. Owing to the rising adoption of generative AI, businesses are increasingly utilizing this technology to automate a wide array of tasks and improve operational efficiency. This ranges from handling administrative duties like data processing and scheduling to executing more intricate functions like predictive maintenance within the manufacturing sector. The application of AI-driven automation is enhancing efficiency across diverse domains.
With advancements in deep learning algorithms and neural networks, AI models can generate highly realistic and detailed images, blurring the natural and synthetic lines. This technology has transformative applications in various fields, including design, entertainment, and virtual reality, where AI-generated visuals can enhance user experiences and create new possibilities. However, challenges such as ethical considerations, bias mitigation, and ensuring data privacy must be carefully addressed to unlock the benefits of generative AI in image generation fully. NVIDIA has revealed a new tech, which uses powerful AI tech to turn primitive doodles. The tool leverages generative adversarial networks to convert segmentation maps into lifelike images.
The healthcare industry was leveraging generative AI for various applications, including medical imaging analysis, drug discovery, and personalized treatment plans. AI-powered diagnostic tools were aiding clinicians in interpreting complex medical images more accurately and efficiently, leading to earlier disease detection and improved patient outcomes. Additionally, AI algorithms were assisting in drug development by predicting molecular structures and analyzing vast datasets to identify potential candidates for new medications.
AI-driven voice assistants in customer service and smart devices are developing to imitate human interactions, powered by generative AI that enables more authentic dialogues, improved contextual understanding, and personalized replies. These evolving systems are gaining enhanced capabilities and versatility, serving multiple purposes across different applications. Additionally, in the realms of entertainment, gaming, and virtual reality, generative AI is transforming the creation of audio content. Sophisticated algorithms produce realistic voices, musical pieces, and immersive sound effects, revolutionizing the audio experience within these industries.
Enterprise Generative AI Market Report Highlights:
- Industry-specific tailored solutions are emerging, allowing businesses to harness generative AI's potential to address unique challenges in sectors like healthcare, finance, retail, and manufacturing
- Based on model type, the audio segment is expected to grow at the fastest growth rate from 2024 to 2030.Generative AI is revolutionizing audio content creation by automating tasks like music composition, sound design, and voice-over generation
- Based on components, the software segment held the largest market share of 72.8% in 2023.Generative AI software is being used to create personalized experiences for customers, such as customized product recommendations, tailored marketing messages, and adaptive learning content
- North America dominated the market with a revenue share of 40.2% in 2023. North American businesses are adopting generative AI (GAI) to craft personalized interactions for both customers and employees, resulting in elevated engagement, contentment, and loyalty. Instances of this adoption encompass customized marketing initiatives, personalized product suggestions, and adaptable educational content
Product Code: GVR-4-68040-164-4
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Enterprise Generative AI Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Enterprise Generative AI Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
- 3.3.1. Industry Analysis - Porter's
- 3.4. Pain Point Analysis
Chapter 4. Enterprise Generative AI Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Enterprise Generative AI Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Software
- 4.3.1. Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Enterprise Generative AI Market: Model Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Enterprise Generative AI Market: Model Type Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Text
- 5.3.1. Text Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. Image/Video
- 5.4.1. Image/Video Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5. Audio
- 5.5.1. Audio Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6. Code
- 5.6.1. Code Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Enterprise Generative AI Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Enterprise Generative AI Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Marketing and Sales
- 6.3.1. Marketing and Sales Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Customer Service
- 6.4.1. Customer Service Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5. Product Development
- 6.5.1. Product Development Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6. Supply Chain Management
- 6.6.1. Supply Chain Management Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.7. Others
- 6.7.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Enterprise Generative AI Market: End use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Enterprise Generative AI Market: End use Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. IT & Telecom
- 7.3.1. IT & Telecom Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. BFSI
- 7.4.1. BFSI Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5. Retail & E-commerce
- 7.5.1. Retail & E-commerce Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6. Healthcare
- 7.6.1. Healthcare Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.7. Manufacturing
- 7.7.1. Manufacturing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.8. Media and Entertainment
- 7.8.1. Media and Entertainment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.9. Others
- 7.9.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Enterprise Generative AI Market: Regional Estimates & Trend Analysis
- 8.1. Enterprise Generative AI Market Share, By Region, 2023 & 2030, USD Million
- 8.2. North America
- 8.2.1. North America Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.3. Mexico
- 8.5.3.1. Mexico Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. UAE Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.3. KSA
- 8.6.3.1. KSA Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Enterprise Generative AI Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Heat Map Analysis
- 9.7. Strategy Mapping
- 9.8. Company Profiles/Listing
- 9.8.1. AWS
- 9.8.2. Google LLC
- 9.8.3. H20.ai
- 9.8.4. IBM
- 9.8.5. Intel Corporation
- 9.8.6. Jasper.ai
- 9.8.7. Microsoft Corporation
- 9.8.8. Nvidia Corporation
- 9.8.9. OpenAI
- 9.8.10. Oracle
- 9.8.11. Synthesis AI
Product Code: GVR-4-68040-164-4
List of Tables
- Table 1 Global Enterprise Generative AI Market by Component, 2017 - 2030 (USD Million)
- Table 2 Global Enterprise Generative AI Market by Model Type, 2017 - 2030 (USD Million)
- Table 3 Global Enterprise Generative AI Market by Application, 2017 - 2030 (USD Million)
- Table 4 Global Enterprise Generative AI Market by End-use, 2017 - 2030 (USD Million)
- Table 5 Global Enterprise Generative AI Market by Region, 2017 - 2030 (USD Million)
- Table 6 North America Enterprise Generative AI Market by country, 2017 - 2030 (USD Million)
- Table 7 Europe Enterprise Generative AI Market by country, 2017 - 2030 (USD Million)
- Table 8 Asia Pacific Enterprise Generative AI Market by country, 2017 - 2030 (USD Million)
- Table 9 Latin America Enterprise Generative AI Market by country, 2017 - 2030 (USD Million)
- Table 10 MEA Enterprise Generative AI Market by country, 2017 - 2030 (USD Million)
- Table 11 Key companies launching new products/services
- Table 12 Key companies engaged in mergers & acquisition
- Table 13 Key companies engaged in Research & development
- Table 14 Key Companies engaged in expansion
List of Figures
- Fig. 1 Enterprise Generative AI Market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 Parent market analysis
- Fig. 8 Market formulation & validation
- Fig. 9 Enterprise Generative AI Market snapshot
- Fig. 10 Enterprise Generative AI Market segment snapshot
- Fig. 11 Enterprise Generative AI Market competitive landscape snapshot
- Fig. 12 Market research process
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 Enterprise Generative AI Market, Component outlook key takeaways (USD Million)
- Fig. 16 Enterprise Generative AI Market: Component movement analysis (USD Million), 2023 & 2030
- Fig. 17 Software market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 18 Services market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 19 Enterprise Generative AI Market: Model Type outlook key takeaways (USD Million)
- Fig. 20 Enterprise Generative AI Market: Model Type movement analysis (USD Million), 2023 & 2030
- Fig. 21 Text market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 22 Image/Video market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 23 Audio market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 24 Code market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 25 Enterprise Generative AI Market: Application outlook key takeaways (USD Million)
- Fig. 26 Enterprise Generative AI Market: Application movement analysis (USD Million), 2023 & 2030
- Fig. 27 Marketing and Sales market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 28 Customer Service market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 29 Product Development market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 30 Supply Chain Management market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 31 Others market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 32 Enterprise Generative AI Market: End use outlook key takeaways (USD Million)
- Fig. 33 Enterprise Generative AI Market: End use movement analysis (USD Million), 2022 & 20
- Fig. 34 IT & Telecom market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 35 BFSI market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 36 Retail & E-commerce market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 37 Healthcare market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 38 Manufacturing market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 39 Media and Entertainment market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 40 Others market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 41 Regional marketplace: Key takeaways
- Fig. 42 Enterprise Generative AI Market: Regional outlook, 2023 & 2030 (USD Million)
- Fig. 43 North America Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 44 U.S. Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 45 Canada Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 46 Europe Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 47 UK Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 48 Germany Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 49 France Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 50 Asia Pacific Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 51 Japan Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 52 China Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 53 India Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 54 Australia Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 55 South Korea Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 56 Latin America Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 57 Brazil Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 58 Mexico Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 59 MEA Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 60 KSA Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 61 UAE Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 62 South Affrica Enterprise Generative AI Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 63 Strategy framework
- Fig. 64 Company Categorization
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