S&p global market intelligence foresees rapid expansion of generative ai software market by 2028 to $52.2 billion

New york , june 6, 2024 /prnewswire/ -- as generative artificial intelligence (ai) technology pivots from research to the monetization and product launch stages, the software part of the generative ai market is now forecast to see significant expansion, reaching $52.2 billion by 2028 with a compound annual growth rate of 58% from 2023, according to s&p global market intelligence.  published by 451 research, part of s&p global market intelligence, the generative ai market monitor report highlights an accelerated adoption rate of generative ai technologies across various sectors.
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