UK Retrieval Augmented Generation Market Size & Outlook
Related Markets
UK retrieval augmented generation market highlights
- The UK retrieval augmented generation market generated a revenue of USD 75.0 million in 2024 and is expected to reach USD 687.3 million by 2030.
- The UK market is expected to grow at a CAGR of 49% from 2025 to 2030.
- In terms of segment, document retrieval was the largest revenue generating function in 2024.
- Recommendation Engines is the most lucrative function segment registering the fastest growth during the forecast period.
Retrieval augmented generation market data book summary
| Market revenue in 2024 | USD 75.0 million |
| Market revenue in 2030 | USD 687.3 million |
| Growth rate | 49% (CAGR from 2025 to 2030) |
| Largest segment | Document retrieval |
| Fastest growing segment | Recommendation Engines |
| Historical data | 2020 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Document Retrieval, Response Generation, Summarization & Reporting, Recommendation Engines |
| 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, UK accounted for 6.2% of the global retrieval augmented generation market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany retrieval augmented generation market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 552.8 million by 2030.
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Retrieval Augmented Generation Market Scope
Retrieval Augmented Generation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Semantic Scholar | View profile | 11-50 | Seattle, Washington, United States, North America | https://www.semanticscholar.org |
| Cohere | View profile | 1-10 | Amsterdam, Noord-Holland, The Netherlands, Europe | http://www.cohere.eu/ |
| Neeva | View profile | 11-50 | Mountain View, California, United States, North America | https://neeva.com/ |
| IBM Watson | View profile | 10001+ | Armonk, New York, United States, North America | http://www.ibm.com/watson/ |
| Anthropic | View profile | 101-250 | San Francisco, California, United States, North America | https://www.anthropic.com |
| Clarifai | View profile | 101-250 | Fort Lee, New Jersey, United States, North America | https://clarifai.com/ |
| Hugging Face | View profile | 101-250 | Brooklyn, New York, United States, North America | https://huggingface.co |
| OpenAI | View profile | 501-1000 | San Francisco, California, United States, North America | https://www.openai.com |
| Informatica Inc | View profile | 5000 | 2100 Seaport Boulevard, Redwood, CA, United States, 94063 | https://www.informatica.com |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Alphabet Inc Class C | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
UK 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 39.33% in 2024. Horizon Databook has segmented the UK retrieval augmented generation market based on document retrieval, response generation, summarization & reporting, recommendation engines covering the revenue growth of each sub-segment from 2020 to 2030.
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Our clientele includes a mix of retrieval augmented generation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK retrieval augmented generation market , including forecasts for subscribers. This country databook contains high-level insights into UK retrieval augmented generation market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK retrieval augmented generation market size, by function, 2020-2030 (US$M)
UK Retrieval Augmented Generation Market Outlook Share, 2024 & 2030 (US$M)
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