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The Generative AI Market is anticipated to experience substantial expansion, ascending from a value of USD 20.9 billion in 2024 to a substantial worth of USD 136.7 billion by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 36.7% over the forecast period, according to a new report by MarketsandMarkets™. The surge in the Generative AI Market is poised to be driven by a confluence of influential factors within the business landscape. Notably, evolution of cloud storage technology simplifying data accessibility, coupled with the emergence of AI and deep learning technologies changing the landscape, stands out as significant contributors to this trend. Additionally, the upswing in content generation and the growing demand for innovative creative applications are playing a pivotal role in propelling the upward trajectory of this market.Browse in-depth TOC on "Generative AI Market"450 – Tables80 – Figures550 – PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142870584Scope of the ReportReport Metrics Details Market size available for years 2019–2030 Base year considered 2023 Forecast period 2024–2030 Forecast units USD (Billion) Segments Covered Offering, Data Modality, Application, Vertical, and Region Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies covered IBM (US), NVIDIA (US), Open AI (US), Anthropic (US), Meta (US), Microsoft (US), Google (US), AWS (US), Adobe (US), Accenture (Ireland), Capgemini (France), Insilico Medicine (Hong Kong), Simplified (US), Lumen5 (Canada), AI21 Labs (Israel), Hugging Face (US), Dialpad (US), Persado (US), Copy.ai (US), Synthesis AI (US), Hypernetuse AI (US), Viable (US), Together AI (US), Defog.ai (Singapore), Mistral AI (France), Adept (US), DeepSearch Labs (UK), Stability AI (UK), Lightricks (Israel), Cohere (Canada), Writesonic (US), Colossyan (UK), amberSearch (Germany), Mosaic ML (US), Inflection AI (US), Glean (US), Jasper (US), Runway (US), Inworld AI (US), Typeface (US), Paige.AI (US), Upstage (South Korea), PlayHT (US), Speechify (US), Midjourney (US), Fireflies (US), InstaDeep (UK), Synthesis (UK), Mostly AI (Austria), Forethought (US), Character.ai (US), GFP-GAN (China), Fontjoy (Italy), EtherAI (US), Starry AI (US), Magic Studio (US), Balchuan AI (China), Salesforce (US), Technology Innovation Institute (Abu Dhabi), Abacus.AI (US), and OpenLM (US).By software type, deep learning to register the largest market share during the forecast period.Deep learning software type is projected to hold the largest market share in the Generative AI Market during the forecast period due to its unparalleled ability to manage complex and unstructured data. Deep learning algorithms, such as Generative Adversarial Networks (GANs) and Variational Autoencoders (VAEs), are at the forefront of generating realistic and diverse content, from images to text and audio

AI has the power to redefine the content marketing landscape remarkably as it signals the arrival of a new era. It is no longer just a matter of streamlining the strategies; it is all about the paradigm shift covering the whole palette of the narrative of the brand. Today, AI and content marketing go hand in hand and machine learning algorithms with human intelligence can do much more in the content marketing field which was not possible in the last few years.Imagine AI that creates, customizes, and distributes powerful stories, blending innovation with human creativity. AI adoption is not about the elimination of human talent, it is all about the amplification of human skills. It is not the dance of solo, but rather a joint venture where marketers and machines work to create inspiring experiences. The key lies in mastering the art of synergy: train your skills, set up the right standards, and put creative adaptations in place so the power of AI can easily become your asset.In a fast-changing environment, agility is the core of success