PUBLISHER: TechNavio | PRODUCT CODE: 1915696
PUBLISHER: TechNavio | PRODUCT CODE: 1915696
Global Genai In Business Market 2025-2029
The global genai in business market is forecasted to grow by USD 36735.8 mn during 2024-2029, accelerating at a CAGR of 27.1% during the forecast period. The report on the global genai in business market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid advancements in foundational models and increased accessibility, imperative for enhanced operational efficiency and cost reduction, surging demand for hyper-personalization and enhanced customer experience.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 23.9% |
| CAGR | 27.1% |
| Incremental Value | $36735.8 mn |
Technavio's global genai in business market is segmented as below:
By Component
- Software
- Services
By Technology
- Transformer-based models
- GANs
- Diffusion models
- VAEs
- Others
By Application
- Marketing and advertising
- Customer support and chatbots
- E-commerce
- Design
- Others
Geography
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Middle East and Africa
- South Africa
- UAE
- Turkey
- South America
- Brazil
- Argentina
- Colombia
- Rest of World (ROW)
This study identifies the convergence toward multimodality in a single model as one of the prime reasons driving the global genai in business market growth during the next few years. Also, proliferation of smaller, specialized models and enterprise customization via rag and deep integration into core enterprise software and increasing verticalization will lead to sizable demand in the market.
The report on the global genai in business market covers the following areas:
- Global genai in business market sizing
- Global genai in business market forecast
- Global genai in business market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global genai in business market vendors that include Accenture PLC, Adobe Inc., Amazon Web Services Inc., Anthropic, Capgemini Service SAS, Cohere, Google LLC, Hugging Face, IBM Corp., Jasper AI Inc., Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., OpenAI, Oracle Corp., Runway AI Inc., Salesforce Inc., Stability AI, Writesonic Inc.. Also, the global genai in business market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 5.7 Market condition
6 Market Segmentation by Component
- 6.1 Market segments
- 6.2 Comparison by Component
- 6.3 Software - Market size and forecast 2024-2029
- 6.4 Services - Market size and forecast 2024-2029
- 6.5 Market opportunity by Component
- Market opportunity by Component ($ million)
7 Market Segmentation by Technology
- 7.1 Market segments
- 7.2 Comparison by Technology
- 7.3 Transformer-based models - Market size and forecast 2024-2029
- 7.4 GANs - Market size and forecast 2024-2029
- 7.5 Diffusion models - Market size and forecast 2024-2029
- 7.6 VAEs - Market size and forecast 2024-2029
- 7.7 Others - Market size and forecast 2024-2029
- 7.8 Market opportunity by Technology
- Market opportunity by Technology ($ million)
8 Market Segmentation by Application
- 8.1 Market segments
- 8.2 Comparison by Application
- 8.3 Marketing and advertising - Market size and forecast 2024-2029
- 8.4 Customer support and chatbots - Market size and forecast 2024-2029
- 8.5 E-commerce - Market size and forecast 2024-2029
- 8.6 Design - Market size and forecast 2024-2029
- 8.7 Others - Market size and forecast 2024-2029
- 8.8 Market opportunity by Application
- Market opportunity by Application ($ million)
9 Customer Landscape
- 9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
- 10.1 Geographic segmentation
- 10.2 Geographic comparison
- 10.3 North America - Market size and forecast 2024-2029
- 10.3.1 US - Market size and forecast 2024-2029
- 10.3.2 Canada - Market size and forecast 2024-2029
- 10.3.3 Mexico - Market size and forecast 2024-2029
- 10.4 Europe - Market size and forecast 2024-2029
- 10.4.1 UK - Market size and forecast 2024-2029
- 10.4.2 Germany - Market size and forecast 2024-2029
- 10.4.3 France - Market size and forecast 2024-2029
- 10.4.4 Italy - Market size and forecast 2024-2029
- 10.4.5 Spain - Market size and forecast 2024-2029
- 10.4.6 The Netherlands - Market size and forecast 2024-2029
- 10.5 APAC - Market size and forecast 2024-2029
- 10.5.1 China - Market size and forecast 2024-2029
- 10.5.2 Japan - Market size and forecast 2024-2029
- 10.5.3 India - Market size and forecast 2024-2029
- 10.5.4 South Korea - Market size and forecast 2024-2029
- 10.5.5 Australia - Market size and forecast 2024-2029
- 10.5.6 Indonesia - Market size and forecast 2024-2029
- 10.6 Middle East and Africa - Market size and forecast 2024-2029
- 10.6.1 South Africa - Market size and forecast 2024-2029
- 10.6.2 UAE - Market size and forecast 2024-2029
- 10.6.3 Saudi Arabia - Market size and forecast 2024-2029
- 10.6.4 Israel - Market size and forecast 2024-2029
- 10.6.5 Turkey - Market size and forecast 2024-2029
- 10.7 South America - Market size and forecast 2024-2029
- 10.7.1 Brazil - Market size and forecast 2024-2029
- 10.7.2 Argentina - Market size and forecast 2024-2029
- 10.7.3 Colombia - Market size and forecast 2024-2029
- 10.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
11 Drivers, Challenges, and Opportunity
- 11.1 Market drivers
- Rapid advancements in foundational models and increased accessibility
- Imperative for enhanced operational efficiency and cost reduction
- Surging demand for hyper-personalization and enhanced customer experience
- 11.2 Market challenges
- Data privacy, security, and evolving regulatory scrutiny
- High implementation costs and acute scarcity of specialized talent
- Pervasive issues of model reliability, accuracy, and integration complexity
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 11.4 Market opportunities
- Convergence toward multimodality in a single model
- Proliferation of smaller, specialized models and enterprise customization via RAG
- Deep integration into core enterprise software and increasing verticalization
12 Competitive Landscape
- 12.1 Overview
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.1 Companies profiled
- Companies covered
- 13.2 Company ranking index
- Company ranking index
- 13.3 Market positioning of companies
- Matrix on companies position and classification
- 13.4 Adobe Inc.
- Adobe Inc. - Overview
- Adobe Inc. - Business segments
- Adobe Inc. - Key news
- Adobe Inc. - Key offerings
- Adobe Inc. - Segment focus
- SWOT
- 13.5 Amazon Web Services Inc.
- Amazon Web Services Inc. - Overview
- Amazon Web Services Inc. - Product / Service
- Amazon Web Services Inc. - Key news
- Amazon Web Services Inc. - Key offerings
- SWOT
- 13.6 Anthropic
- Anthropic - Overview
- Anthropic - Product / Service
- Anthropic - Key offerings
- SWOT
- 13.7 Cohere
- Cohere - Overview
- Cohere - Product / Service
- Cohere - Key offerings
- SWOT
- 13.8 Google LLC
- Google LLC - Overview
- Google LLC - Product / Service
- Google LLC - Key offerings
- SWOT
- 13.9 Hugging Face
- Hugging Face - Overview
- Hugging Face - Product / Service
- Hugging Face - Key offerings
- SWOT
- 13.10 IBM Corp.
- IBM Corp. - Overview
- IBM Corp. - Business segments
- IBM Corp. - Key news
- IBM Corp. - Key offerings
- IBM Corp. - Segment focus
- SWOT
- 13.11 Jasper AI Inc.
- Jasper AI Inc. - Overview
- Jasper AI Inc. - Product / Service
- Jasper AI Inc. - Key offerings
- SWOT
- 13.12 Meta Platforms Inc.
- Meta Platforms Inc. - Overview
- Meta Platforms Inc. - Business segments
- Meta Platforms Inc. - Key offerings
- Meta Platforms Inc. - Segment focus
- SWOT
- 13.13 Microsoft Corp.
- Microsoft Corp. - Overview
- Microsoft Corp. - Business segments
- Microsoft Corp. - Key news
- Microsoft Corp. - Key offerings
- Microsoft Corp. - Segment focus
- SWOT
- 13.14 NVIDIA Corp.
- NVIDIA Corp. - Overview
- NVIDIA Corp. - Business segments
- NVIDIA Corp. - Key news
- NVIDIA Corp. - Key offerings
- NVIDIA Corp. - Segment focus
- SWOT
- 13.15 OpenAI
- OpenAI - Overview
- OpenAI - Product / Service
- OpenAI - Key offerings
- SWOT
- 13.16 Oracle Corp.
- Oracle Corp. - Overview
- Oracle Corp. - Business segments
- Oracle Corp. - Key news
- Oracle Corp. - Key offerings
- Oracle Corp. - Segment focus
- SWOT
- 13.17 Salesforce Inc.
- Salesforce Inc. - Overview
- Salesforce Inc. - Product / Service
- Salesforce Inc. - Key news
- Salesforce Inc. - Key offerings
- SWOT
- 13.18 Stability AI
- Stability AI - Overview
- Stability AI - Product / Service
- Stability AI - Key offerings
- SWOT
14 Appendix
- 14.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- Research methodology
- 14.5 Data procurement
- Information sources
- 14.6 Data validation
- Data validation
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.8 Data synthesis
- Data synthesis
- 14.9 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations
- List of abbreviations
