Growing Use of Generative AI Across Industries Enhances Productivity and Innovation Worldwide
The generative AI market was valued at approximately USD 24.61 billion in 2024 and is projected to reach about USD 400.46 billion by 2032, reflecting a compound annual growth rate (CAGR) of ~41.72% during the forecast period. This sharp expansion underscores how generative models are shifting from exploratory tools to foundational assets in business, media,...
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