In 2023, the market size for generative artificial intelligence (GenAI) was around 1.1 billion U.S. dollars. It was estimated that between 2023 and 2030 the compound annual growth rate would reach 48 percent. As of July 2024, one in three GenAI startups in India were in code and data segment.
Market size of generative AI in India in 2023, with estimate for 2030
(in billion U.S. dollars)
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Inc42. (July 17, 2024). Market size of generative AI in India in 2023, with estimate for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1481535/india-market-size-of-genai/
Inc42. "Market size of generative AI in India in 2023, with estimate for 2030 (in billion U.S. dollars)." Chart. July 17, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1481535/india-market-size-of-genai/
Inc42. (2024). Market size of generative AI in India in 2023, with estimate for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1481535/india-market-size-of-genai/
Inc42. "Market Size of Generative Ai in India in 2023, with Estimate for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Jul 2024, https://www.statista.com/statistics/1481535/india-market-size-of-genai/
Inc42, Market size of generative AI in India in 2023, with estimate for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1481535/india-market-size-of-genai/ (last visited December 03, 2024)
Market size of generative AI in India in 2023, with estimate for 2030 (in billion U.S. dollars) [Graph], Inc42, July 17, 2024. [Online]. Available: https://www.statista.com/statistics/1481535/india-market-size-of-genai/