The generative artificial intelligence (AI) market is expected to rise significantly, from 14 billion U.S. dollars in 2020 to nearly 900 billion U.S. dollars in 2023 and more than 1.3 trillion U.S. dollars in 2032. This is due to an explosion of generative AI tools in recent years such as Bard by Google, ChatGPT by OpenAI, and Midjourney by Midjourney, Inc.
Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032
(in billion U.S. dollars)
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Billion U.S. dollars
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Bloomberg. (June 1, 2023). Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/
Bloomberg. "Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars)." Chart. June 1, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/
Bloomberg. (2023). Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/
Bloomberg. "Generative Artificial Intelligence (Ai) Revenue Worldwide from 2020 with Forecast until 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jun 2023, https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/
Bloomberg, Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/ (last visited July 22, 2024)
Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars) [Graph], Bloomberg, June 1, 2023. [Online]. Available: https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/