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Home | Search Global IT News: IT News & Press Release Distribution: Generative AI Market Poised for Growth in Healthcare and Media Sectors with Increased Focus on Personalized Treatment and Automated Content Creation   Segmentation of Generative AI Market (IT-NEWSWIRE.COM, March 14, 2025 ) The Global Generative AI Market Size is valued at USD 15.0 billion in 2023 and is predicted to reach USD 163.0 billion by the year 2031 at a 35.0% CAGR during the forecast period for 2024-2031. Global Generative AI Market Market 2025-2034 full Research Repot latest version is now available. Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1864 Latest Drivers Restraint and Opportunities Market Snapshot: Key factors influencing the global Generative AI market are: • Rising demand for AI-driven automation and content creation across industries. • Advancements in deep learning models and increased computational power. • Growing investment in AI research and development by tech giants and startups. The following are the primary obstacles to the Generative AI market's expansion: • High computational costs and energy consumption limit widespread adoption. • Ethical concerns and potential biases in AI-generated content create regulatory challenges. • Data privacy and security risks hinder trust and implementation in sensitive industries. Future expansion opportunities for the global Generative AI market include: • Increasing adoption in healthcare for drug discovery, personalized treatment, and medical imaging enhancement. • Expansion in content creation industries, including marketing, gaming, and entertainment, for automated and high-quality media generation. • Rising demand in enterprise applications for AI-driven automation, customer support, and business intelligence solutions. Key Industry Insights & Findings from the Report: • Rapid advancements in deep learning and neural networks are accelerating generative AI adoption across industries. • Ethical concerns, bias mitigation, and regulatory frameworks are shaping the future development of generative AI. • North America dominated the market and accounted for a revenue share of global revenue in 2023. • One of the significant concerns restraining industry growth is the ethical concerns and regulatory challenges surrounding data privacy, bias, and misinformation. Market Analysis: The generative AI market is experiencing rapid growth, driven by advancements in deep learning, natural language processing, and computing power. Industries such as healthcare, media, finance, and automation are leveraging AI for content creation, predictive modelling, and customer interactions. Increased investment in AI research, cloud computing integration, and demand for personalized solutions further fuels the market expansion. Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-03 List of Prominent Players in the Generative AI Market: • Adobe • Amazon Web Services, Inc. • D-ID • Genie AI Ltd. • Google LLC • IBM • Microsoft • MOSTLY AI Inc. • Rephrase.ai • Synthesia Recent Developments: • In June 2023, Accenture and Microsoft are teaming up to help companies primarily transform their businesses by harnessing the power of generative AI accelerated by the cloud. It helps customers find the right way to build and extend technology in their business responsibly. • In May 2023, SAP SE partnered with Microsoft to help customers solve their fundamental business challenges with the latest enterprise-ready innovations. This integration will enable new experiences to improve how businesses attract, retain and qualify their employees. • In April 2023, Amazon Web Services, Inc. launched a global generative AI accelerator for startups. The company’s Generative AI Accelerator offers access to impactful AI tools and models, machine learning stack optimization, customized go-to-market strategies, and more. Generative AI Market Dynamics: Market Drivers: Rising Demand for AI-driven Automation and Content Creation across Industries The rising demand for AI-driven automation and content creation across industries is a major driver of the generative AI market. Businesses are leveraging generative AI to streamline workflows, reduce manual effort, and enhance productivity. In content creation, AI-powered tools are revolutionizing industries such as marketing, entertainment, and gaming by generating high-quality text, images, and videos. Additionally, enterprises are integrating generative AI for customer support, code generation, and personalized recommendations, improving efficiency and user engagement. As industries increasingly adopt AI to enhance creativity and operational processes, the generative AI market continue to expand, fostering innovation and reshaping traditional business models. Challenges: High Computational Costs and Energy Consumption High computational costs and energy consumption significantly limit the generative AI market by creating barriers to entry and scalability. Training advanced AI models requires immense computing power, often relying on expensive GPUs and cloud infrastructure, making it inaccessible for smaller companies and startups. Additionally, the energy-intensive nature of AI operations raises concerns about sustainability and operational expenses. As energy prices fluctuate and environmental regulations tighten, businesses face increased pressure to adopt energy-efficient AI solutions. These challenges slow widespread adoption, especially in regions with limited technological infrastructure, ultimately restricting the market’s growth and making cost-effective AI development a key priority. Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1864 North America Is Expected to Grow with The Highest CAGR During the Forecast Period North America is expected to grow with the highest CAGR in the generative AI market due to strong technological infrastructure, significant investments in AI research, and the presence of key industry players such as OpenAI, Google, and Microsoft. The region's robust adoption of AI across industries like healthcare, finance, and entertainment drives the demand for advanced generative models. Additionally, increasing funding for AI startups, supportive government initiatives, and rising enterprise adoption of AI-driven automation contribute to rapid growth. The growing need for AI-powered solutions in content generation, customer engagement, and software development further accelerates market expansion in North America. Segmentation of Generative AI Market- By Component- • Software • Service By Technology- • Generative Adversarial Networks (GANs) • Transformers • Variational Auto-encoders • Diffusion Networks By End-User- • Media and Entertainment • BFSI • IT and Telecommunication • Healthcare • Automotive and Transportation • Gaming • Others By Application- • Computer Vision • NLP • Robotics 7 Automation • Content Generation • Chatbots and Intelligent Virtual Assistants • Predictive Analytics • Others By Model- • Large Language Models • Image and Video Generative Models • Multi-modal Generative Models • Others By Region- North America- • The US • Canada • Mexico Europe- • Germany • The UK • France • Italy • Spain • Rest of Europe Asia-Pacific- • China • Japan • India • South Korea • South East Asia • Rest of Asia Pacific Latin America- • Brazil • Argentina • Rest of Latin America Middle East & Africa- • GCC Countries • South Africa • Rest of Middle East and Africa About Us: InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner. Contact us: InsightAce Analytic Pvt. Ltd. Visit: www.insightaceanalytic.com Tel : +1 551 226 6109 Asia: +91 79 72967118 info@insightaceanalytic.com Insight Ace Analytics Diana D’souza +1 551 226 6109 diana.dsouza@insightaceanalytics.com Source: EmailWire.Com Source: EmailWire.com

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