RESEARCH
Services
Software
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
0.0
200.0
400.0
600.0
800.0
1000.0
1200.0
Gen AI
Global Market Size Overview
Total Market Size by Key Components
(2023-2033)
USD BILLION
The global Gen AI market is projected to
grow from USD 39.2 billion in 2023 to USD
1082.4 billion by 2033. The market is
anticipated to expand at a CAGR of
40.22% from 2024 to 2033.
By 2033, Gen AI services will grow to USD
564.5 billion, while software grows to USD
517.9 billion. This indicates that services
will eventually surpass software in terms
of market size, despite starting from a
smaller base.
G E N A I S T A R T U P L A N D S C A P E - I N D I A | 7