China Enterprise Generative Ai Market Size & Outlook
The enterprise generative ai market in China is expected to reach a projected revenue of US$ 2,168.6 million by 2030. A compound annual growth rate of 36.8% is expected of China enterprise generative ai market from 2024 to 2030.
Revenue, 2023 (US$M)
$241.5
Forecast, 2030 (US$M)
$2,168.6
CAGR, 2024 - 2030
36.8%
Report Coverage
China
China enterprise generative ai market, 2018-2030 (US$M)
Related Markets
China enterprise generative ai market highlights
- The China enterprise generative ai market generated a revenue of USD 241.5 million in 2023 and is expected to reach USD 2,168.6 million by 2030.
- The China market is expected to grow at a CAGR of 36.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating components in 2023.
- Services is the most lucrative components segment registering the fastest growth during the forecast period.
Enterprise generative ai market data book summary
| Market revenue in 2023 | USD 241.5 million |
| Market revenue in 2030 | USD 2,168.6 million |
| Growth rate | 36.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Amazon Web Services, Alphabet Inc Class A, H2O.ai, International Business Machines Corp, Intel Corp, Jasper, NVIDIA Corp, OpenAI, Oracle Corp, Synthesis AI |
Other key industry trends
- In terms of revenue, China accounted for 10.7% of the global enterprise generative ai market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China enterprise generative ai market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,382.5 million by 2030.
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Enterprise Generative AI Market Scope
Enterprise generative ai market segmentation & scope
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Enterprise Generative AI Market Companies
| Name | Profile | # Employees | HQ | Website |
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China enterprise generative ai market size, by components, 2018-2030 (US$M)
China Enterprise Generative AI Market Outlook Share, 2023 & 2030 (US$M)
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