UK Enterprise Generative Ai Market Size & Outlook
The enterprise generative ai market in UK is expected to reach a projected revenue of US$ 861.5 million by 2030. A compound annual growth rate of 34.7% is expected of UK enterprise generative ai market from 2024 to 2030.
Revenue, 2023 (US$M)
$106.9
Forecast, 2030 (US$M)
$861.5
CAGR, 2024 - 2030
34.7%
Report Coverage
UK
UK enterprise generative ai market, 2018-2030 (US$M)
Related Markets
UK enterprise generative ai market highlights
- The UK enterprise generative ai market generated a revenue of USD 106.9 million in 2023 and is expected to reach USD 861.5 million by 2030.
- The UK market is expected to grow at a CAGR of 34.7% 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 106.9 million |
| Market revenue in 2030 | USD 861.5 million |
| Growth rate | 34.7% (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, UK accounted for 4.7% 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 Europe, Germany enterprise generative ai market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,142.8 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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UK enterprise generative ai market size, by components, 2018-2030 (US$M)
UK Enterprise Generative AI Market Outlook Share, 2023 & 2030 (US$M)
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