The generative artificial intelligence (AI) market is expected to rise significantly, from 11 billion U.S. dollars in 2020 to nearly 128 billion U.S. dollars in 2024 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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Bloomberg. (March 8, 2024). Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 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. March 8, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/
Bloomberg. (2024). Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 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., 8 Mar 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, https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/ (last visited November 22, 2024)
Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars) [Graph], Bloomberg, March 8, 2024. [Online]. Available: https://www.statista.com/statistics/1417151/generative-ai-revenue-worldwide/
