Market revenue in 2024 | USD 726.6 million |
Market revenue in 2030 | USD 4,892.3 million |
Growth rate | 31.2% (CAGR from 2024 to 2030) |
Largest segment | Software |
Fastest growing segment | Services |
Historical data | 2017 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Software, Services |
Key market players worldwide | Ai Holdings Corp, Amazon.com Inc, International Business Machines Corp, Alphabet Inc Class A, Microsoft Corp, Adobe Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to generative ai market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 64.57% in 2024. Horizon Databook has segmented the Germany generative ai market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.
Key firms' significant efforts in generative AI are boosting the market's expansion. For instance, German AI firm Aleph Alpha has just secured a Series A investment round co-led by Earlybird VC, Lakestar, and UVC Partners for €23 million/$27 million. Aleph Alpha has already received a total of €28.3 million after receiving a seed round of €5.3 million in November 2020 from LEA Partners, 468 Capital, and Cavalry Ventures.
Significant German efforts are fueling the progress of generative AI in Germany. Germany, for instance, set aside five billion euros in 2021 to implement its AI plan, including two billion euros for economic stimulation and a "future technologies" package to address the epidemic. The size of the resources allotted highlights the significance Germany places on AI.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany generative ai market , including forecasts for subscribers. This country databook contains high-level insights into Germany generative ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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