The generative AI market in the 10-year horizon will grow 30 times, Bloomberg analysts shared their forecast. The total market size will reach $1.3 trillion by 2032 with an average annual growth of 42%.
The profit of the generative artificial intelligence market by 2023 can grow 32 times, reaching 1.3 trillion dollars. Bloomberg analysts shared this forecast. In 2022, the generative AI market generated $40 billion in revenue.
Bloomberg has calculated that the average annual growth of the generative AI market will be 42%. Significant growth rates will be provided by the demand for infrastructure to train neural networks, AI devices, and advertising.
A Bloomberg report says that by 2023, digital ad revenue from ChatGPT-like systems will grow to $192 billion, from AI servers to $134 billion. Microchip makers and cloud giants: Nvidia, Microsoft , Google, Amazon.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
