The Generative AI market is witnessing exponential growth, with predictions suggesting it will soar from USD 10.71 billion in 2023 to a staggering USD 40.28 billion by 2030. This transformation is happening at a compound annual growth rate (CAGR) of 20.8%, making it one of the most exciting and dynamic industries to watch. But what exactly is driving this...

Market Overview: Global Generative AI Market size and share is currently valued at USD 14.59 billion in 2024 and is anticipated to generate an estimated revenue of USD 283.37 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 34.6% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025...

Supply Chain Analytics Industry The global supply chain analytics market size is projected to reach USD 22.46 billion by 2030, according to a new study by Grand View Research, Inc.The market is anticipated to register a CAGR of 17.8% from 2023 to 2030. Supply chain analytics (SCA) is becoming popular as the demand for managing vast volumes of company data and its insights for strategic...

The U.S. generative AI market size is anticipated to reach USD 33.78 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 36.3% from 2024 to 2030. Increasing data across diverse sectors such as finance, healthcare, and entertainment provides excellent resources for generative AI models, empowering them to generate more...

Large Language Models (LLMs) have become a transformative force in artificial intelligence, showcasing remarkable abilities in natural language processing and generation. Their capacity to understand, interpret, and produce human-like text has unlocked new possibilities across various sectors, including healthcare, finance, customer service, and entertainment. According to McKinsey, generative...