The Generative AI market in the United Kingdom is expected to stand at nearly one-point-four billion GBP by the end of 2024. From then it is expected to grow to nearly 14 billion GBP by the end of the decade in 2030.
Market size of generative artificial intelligence (AI) in the United Kingdom from 2020 to 2030
(in million British Pounds)
Data provided by Statista Market Insights are estimates.
Definition: Generative artificial intelligence (AI) is a field of artificial intelligence that focuses on creating models and systems capable of generating new content, such as images, videos, music, or text. By training on large datasets, generative AI models learn patterns and structures within the data to produce novel and realistic outputs that mimic the original data distribution. Using techniques like generative adversarial networks (GANs) or variational autoencoders (VAEs), generative AI has the potential to enhance creativity, enable data synthesis, and revolutionize various industries including art, entertainment, and content creation.
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Statista. (April 15, 2024). Market size of generative artificial intelligence (AI) in the United Kingdom from 2020 to 2030 (in million British Pounds) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1461499/generative-ai-market-uk
Statista. "Market size of generative artificial intelligence (AI) in the United Kingdom from 2020 to 2030 (in million British Pounds)." Chart. April 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1461499/generative-ai-market-uk
Statista. (2024). Market size of generative artificial intelligence (AI) in the United Kingdom from 2020 to 2030 (in million British Pounds). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1461499/generative-ai-market-uk
Statista. "Market Size of Generative Artificial Intelligence (Ai) in The United Kingdom from 2020 to 2030 (in Million British Pounds)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/forecasts/1461499/generative-ai-market-uk
Statista, Market size of generative artificial intelligence (AI) in the United Kingdom from 2020 to 2030 (in million British Pounds) Statista, https://www.statista.com/forecasts/1461499/generative-ai-market-uk (last visited November 21, 2024)
Market size of generative artificial intelligence (AI) in the United Kingdom from 2020 to 2030 (in million British Pounds) [Graph], Statista, April 15, 2024. [Online]. Available: https://www.statista.com/forecasts/1461499/generative-ai-market-uk