The global generative ai market size was estimated at USD 16,877.1 million in 2024 and is projected to reach USD 109,370.1 million by 2030, growing at a CAGR of 37.6% from 2025 to 2030.
In terms of segment, software accounted for a revenue of USD 10,842.8 million in 2024.
Services is the most lucrative component segment registering the fastest growth during the forecast period.