India Enterprise Generative Ai Market Size & Outlook
The enterprise generative ai market in India is expected to reach a projected revenue of US$ 1,382.5 million by 2030. A compound annual growth rate of 38.9% is expected of India enterprise generative ai market from 2024 to 2030.
Revenue, 2023 (US$M)
$138.7
Forecast, 2030 (US$M)
$1,382.5
CAGR, 2024 - 2030
38.9%
Report Coverage
India
India enterprise generative ai market, 2018-2030 (US$M)
Related Markets
India enterprise generative ai market highlights
- The India enterprise generative ai market generated a revenue of USD 138.7 million in 2023 and is expected to reach USD 1,382.5 million by 2030.
- The India market is expected to grow at a CAGR of 38.9% 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 138.7 million |
| Market revenue in 2030 | USD 1,382.5 million |
| Growth rate | 38.9% (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, India accounted for 6.2% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Enterprise Generative AI Market Scope
Enterprise generative ai market segmentation & scope
Others
Enterprise Generative AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India enterprise generative ai market size, by components, 2018-2030 (US$M)
India Enterprise Generative AI Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
