North America Generative Ai Market Size & Outlook
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North America generative ai market highlights
- The North America generative ai market generated a revenue of USD 6,883.0 million in 2024.
- The market is expected to grow at a CAGR of 30.4% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 6,883.0 million |
| Market revenue in 2030 | USD 44,601.2 million |
| Growth rate | 30.4% (CAGR from 2024 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, North America region accounted for 40.8% of the global generative ai 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 37,546.8 million by 2030.
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Generative AI Market Scope
Generative AI Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 64.06% in 2024. Horizon Databook has segmented the North America generative ai market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.
North America dominated the market in 2022 and was valued at USD 4,074 million. It is estimated to reach USD 44,054.3 million by 2030. The presence and concentration of market players like Microsoft, Amazon Web Services, Inc., IBM, Google LLE, TechSmith Corporation, Mostly Al Inc., and The Brain Technologies LP.
Additionally, the increasing demand for security due to inevitable reasons such as defrauding individuals, making counterfeit nasty news, and fake exercises is also boosting the demand for generative Al among organizations.
The growing need for generative Al is driving the demand for the advancement of technology to provide their product and services. According to the International Monetary Fund (IWF), the U.S. GDP (current prices) is USD 25.3 trillion, and the real GDP growth rate Is 37% as of 2022.
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Our clientele includes a mix of generative ai market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America generative ai market , including forecasts for subscribers. This continent databook contains high-level insights into North America generative ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America generative ai market size, by country, 2017-2030 (US$M)
North America Generative AI Market Outlook Share, 2024 & 2030 (US$M)
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