U.S. Generative Ai Market Size & Outlook, 2024-2030
U.S. generative ai market, 2017-2030 (US$M)
Related Markets
U.S. generative ai market highlights
- The U.S. generative ai market generated a revenue of USD 5,264.9 million in 2024 and is expected to reach USD 33,776.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 30.3% from 2025 to 2030.
- In terms of segment, software was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Generative ai market data book summary
| Market revenue in 2024 | USD 5,264.9 million |
| Market revenue in 2030 | USD 33,776.4 million |
| Growth rate | 30.3% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 31.2% of the global generative ai market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. generative ai market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 10,277.9 million by 2030.
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Generative AI Market Scope
Generative AI Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. generative ai market outlook
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 64.56% in 2024. Horizon Databook has segmented the U.S. generative ai market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.
Innovation and prominent initiatives towards generative AI in this region is augmenting the generative AI market growth. For instance, in 2019 the American Artificial Intelligence Initiatives, the United States’ national strategy for maintaining American leadership in AI was launched by U.S. President.
The American AI Initiative concentrates Federal Government resources in support of AI innovation that will boost national security, improve quality of life, and promote prosperity in this region. Similarly in May 2021, U.S. government launched AI.gov website to promote tech and inform stakeholders.
One major area where generative AI is making a difference is in the design process. Automakers are using generative AI algorithms to create and test new vehicle designs quickly and efficiently, allowing them to iterate and refine designs faster than traditional design processes.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. generative ai market , including forecasts for subscribers. This country databook contains high-level insights into U.S. generative ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. generative ai market size, by component, 2017-2030 (US$M)
U.S. Generative AI Market Outlook Share, 2024 & 2030 (US$M)
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