North America Retrieval Augmented Generation Market Size & Outlook
North America retrieval augmented generation market, 2020-2030 (US$M)
North America retrieval augmented generation market highlights
- The North America retrieval augmented generation market generated a revenue of USD 437.9 million in 2024.
- The market is expected to grow at a CAGR of 42.3% from 2025 to 2030.
- In terms of segment, document retrieval was the largest revenue generating function in 2024.
- Document Retrieval is the most lucrative function segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2024 | USD 437.9 million |
| Market revenue in 2030 | USD 3,628.9 million |
| Growth rate | 42.3% (CAGR from 2024 to 2030) |
| Largest segment | Document retrieval |
| Fastest growing segment | Document Retrieval |
| Historical data covered | 2020 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Document Retrieval |
| Key market players worldwide | Anthropic, Amazon.com Inc, Clarifai, Cohere, Alphabet Inc Class C, Hugging Face, IBM Watson, Informatica Inc, Meta Platforms Inc Class A, Microsoft Corp, Neeva, OpenAI, Semantic Scholar |
Other key industry trends
- In terms of revenue, North America region accounted for 36.4% of the global retrieval augmented generation market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,856.8 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
Retrieval Augmented Generation Market Scope
Retrieval Augmented Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America retrieval augmented generation 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 retrieval augmented generation market will help companies and investors design strategic landscapes.
Document retrieval was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the North America retrieval augmented generation market based on document retrieval covering the revenue growth of each sub-segment from 2020 to 2030.
Reasons to subscribe to North America retrieval augmented generation market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America retrieval augmented generation market databook
-
Our clientele includes a mix of retrieval augmented generation market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America retrieval augmented generation market , including forecasts for subscribers. This continent databook contains high-level insights into North America retrieval augmented generation market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
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
