The Generative AI Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Generative AI Software Market?
The global market for generative AI software has exhibited significant expansion over the years. The market size is set to increase from $15.99 billion in 2024 to $23.37 billion in 2025, showing a compound annual growth rate (CAGR) of 46.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Generative AI Software Industry?
The global generative AI software market is predicted to significantly expand to reach a market size of $71.94 billion by 2029. The projected compound annual growth rate (CAGR) for this period is 32.5%.
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What are the Key Growth Drivers Fueling the Generative AI Software Market?
The key drivers in the generative ai software market are:
• Rising adoption of AI in creative industries
• Emergence of new generative AI techniques
• Integration of generative AI with virtual and augmented reality
• Increased demand for personalized content and experiences.
Global Market Segmentation: Identifying Major Generative AI Software Industry Segments
The generative AI software market covered in this report is segmented –
1) By Component: Software, Services
2) By Model: Large Language Models, Image And Video Generative Models, Multi-modal Generative Models, Other Models
3) By Application: Computer Vision, Natural language processing (NLP), Robotics And Automation, Content Generation, Predictive Analytics, Other Applications
4) By End-User: Media And Entertainment, Banking, Financial Services And Insurance (BFSI), Information Technology (IT) And Telecommunication, Healthcare, Automotive And Transportation, Other End-Users
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What are the Emerging Trends Shaping the Future of the Generative AI Software Market?
The key trends in the generative ai software market are:
• The democratization of generative AI tools is a noteworthy emerging trend.
• There is an increased focus on ethical and responsible AI development.
• The convergence of generative AI with blockchain technology is shaping the future of the market.
• The rise of AI-powered generative design in manufacturing and content generation in social media and marketing is a growing trend.
Who Are the Top Competitors & Leading Players in the Generative AI Software Market?
Major companies in the generative ai software market are:
• Alphabet Inc.
• Microsoft Corporation
• Meta Platforms Inc.
• Amazon Web Services Inc.
• International Business Machines Corporation
• NVIDIA Corporation
• Adobe Inc.
• Databricks Inc.
• Anthropic Technology Ltd.
• OpenAI LP
• C3 AI Inc.
• Hugging Face Inc.
• Glean Labs Inc.
• Synthesia Technologies Ltd.
• Stability AI Inc.
• SoluLab Inc.
• Accubits Technologies Inc.
• Neoteric Technology Ltd.
• Tome Labs Inc.
• Inflection AI Inc.
• Cohere Technologies Inc.
• Mostly AI GmbH
• Jasper Solutions Inc.
• Addepto Sp. z o.o.
• Markovate Inc.
Regional Dominance: Which Area Leads the Global Generative AI Software Market?
North America was the largest region in the generative AI software market in 2024
