The Latin America, Middle East and Africa Generative AI Market would witness market growth of 35.2% CAGR during the forecast period (2022-2028).
One business that stands to gain a lot from generative AI is picture identification. We can produce visuals that are more realistic and more similar to what the human eye views with the aid of generative AI. As a result, image recognition algorithms will become more accurate, opening the door to innovative uses like automated photo editing and lifelike 3D rendering.
The text-generating sector is another one that generative AI can help. We can produce text documents that are more accurate and realistic by applying generative AI. This will raise the standard of text-based solutions like search engines, chatbots, and automatic translations.
Not least, generative AI can be advantageous to the gaming sector. With more artificial creativity, larger, more detailed settings, and more in-depth narratives, one can utilize generative AI to make games that are more polished and realistic.
The rise is a result of increased investment by UAE governments in cutting-edge technologies, including machine learning (ML), artificial intelligence (AI), and 5G. The "UAE Strategy for Artificial Intelligence" has been unveiled by the UAE government. For better outcomes, it is anticipated that the adoption of such tactics shall rely on artificial technologies. It will decrease accidents and operational costs in the transportation sector while minimizing chronic and deadly diseases by identifying them in the health sector.
The Brazil market dominated the LAMEA Generative AI Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $966.3 million by 2028. The Argentina market is experiencing a CAGR of 35.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 34.9% during (2022 - 2028).
Based on Component, the market is segmented into Software and Service. Based on Technology, the market is segmented into Transformers, Generative Adversarial Networks (GANs), Variational Auto-encoders, and Diffusion Networks. Based on End Use, the market is segmented into Media & Entertainment, BFSI, IT & Telecommunication, Healthcare, Automotive & Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Generative AI Market is Predict to reach $54 Billion by 2028, at a CAGR of 32.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), IBM Corporation, Microsoft Corporation, Adobe, Inc, MOSTLY AI Solutions MP GmbH, Synthesia Limited, Genie AI, Inc, Rephrase.ai, and De-Identification Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Technology
- Transformers
- Generative Adversarial Networks (GANs)
- Variational Auto-encoders
- Diffusion Networks
By End-Use
- Media & Entertainment
- BFSI
- IT & Telecommunication
- Healthcare
- Automotive & Transportation
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- IBM Corporation
- Microsoft Corporation
- Adobe, Inc
- MOSTLY AI Solutions MP GmbH
- Synthesia Limited
- Genie AI, Inc
- Rephrase.ai
- De-Identification Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Generative AI Market, by Component
1.4.2 LAMEA Generative AI Market, by Technology
1.4.3 LAMEA Generative AI Market, by End-Use
1.4.4 LAMEA Generative AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA Generative AI Market by Component
4.1 LAMEA Software Market by Country
4.2 LAMEA Service Market by Country
Chapter 5. LAMEA Generative AI Market by Technology
5.1 LAMEA Transformers Market by Country
5.2 LAMEA Generative Adversarial Networks (GANs) Market by Country
5.3 LAMEA Variational Auto-encoders Market by Country
5.4 LAMEA Diffusion Networks Market by Country
Chapter 6. LAMEA Generative AI Market by End-use
6.1 LAMEA Media & Entertainment Market by Country
6.2 LAMEA BFSI Market by Country
6.3 LAMEA IT & Telecommunication Market by Country
6.4 LAMEA Healthcare Market by Country
6.5 LAMEA Automotive & Transportation Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Generative AI Market by Country
7.1 Brazil Generative AI Market
7.1.1 Brazil Generative AI Market by Component
7.1.2 Brazil Generative AI Market by Technology
7.1.3 Brazil Generative AI Market by End-use
7.2 Argentina Generative AI Market
7.2.1 Argentina Generative AI Market by Component
7.2.2 Argentina Generative AI Market by Technology
7.2.3 Argentina Generative AI Market by End-use
7.3 UAE Generative AI Market
7.3.1 UAE Generative AI Market by Component
7.3.2 UAE Generative AI Market by Technology
7.3.3 UAE Generative AI Market by End-use
7.4 Saudi Arabia Generative AI Market
7.4.1 Saudi Arabia Generative AI Market by Component
7.4.2 Saudi Arabia Generative AI Market by Technology
7.4.3 Saudi Arabia Generative AI Market by End-use
7.5 South Africa Generative AI Market
7.5.1 South Africa Generative AI Market by Component
7.5.2 South Africa Generative AI Market by Technology
7.5.3 South Africa Generative AI Market by End-use
7.6 Nigeria Generative AI Market
7.6.1 Nigeria Generative AI Market by Component
7.6.2 Nigeria Generative AI Market by Technology
7.6.3 Nigeria Generative AI Market by End-use
7.7 Rest of LAMEA Generative AI Market
7.7.1 Rest of LAMEA Generative AI Market by Component
7.7.2 Rest of LAMEA Generative AI Market by Technology
7.7.3 Rest of LAMEA Generative AI Market by End-use
Chapter 8. Company Profiles
8.1 Google LLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.2.4.2 Partnerships, Collaborations & Agreements
8.2.5 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Microsoft Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Adobe, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 MOSTLY AI Solutions MP GmbH
8.6.1 Company Overview
8.7 Synthesia Limited
8.7.1 Company Overview
8.8 Genie AI, Inc.
8.8.1 Company Overview
8.9 Rephrase.ai
8.9.1 Company Overview
8.10. De-Identification Ltd.
8.10.1 Company Overview
TABLE 1 LAMEA Generative AI Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Generative AI Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Generative AI Market
TABLE 4 Product Launches And Product Expansions– Generative AI Market
TABLE 5 Acquisition and Mergers– Generative AI Market
TABLE 6 LAMEA Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 7 LAMEA Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 8 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Service Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Service Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 13 LAMEA Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 14 LAMEA Transformers Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Transformers Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Generative Adversarial Networks (GANs) Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Generative Adversarial Networks (GANs) Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Variational Auto-encoders Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Variational Auto-encoders Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Diffusion Networks Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Diffusion Networks Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 23 LAMEA Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 24 LAMEA Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA IT & Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA IT & Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Automotive & Transportation Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Automotive & Transportation Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Generative AI Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Generative AI Market by Country, 2022 - 2028, USD Million
TABLE 38 Brazil Generative AI Market, 2018 - 2021, USD Million
TABLE 39 Brazil Generative AI Market, 2022 - 2028, USD Million
TABLE 40 Brazil Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 41 Brazil Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 42 Brazil Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 43 Brazil Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 44 Brazil Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 45 Brazil Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 46 Argentina Generative AI Market, 2018 - 2021, USD Million
TABLE 47 Argentina Generative AI Market, 2022 - 2028, USD Million
TABLE 48 Argentina Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 49 Argentina Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 50 Argentina Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 51 Argentina Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 52 Argentina Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 53 Argentina Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 54 UAE Generative AI Market, 2018 - 2021, USD Million
TABLE 55 UAE Generative AI Market, 2022 - 2028, USD Million
TABLE 56 UAE Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 57 UAE Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 58 UAE Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 59 UAE Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 60 UAE Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 61 UAE Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 62 Saudi Arabia Generative AI Market, 2018 - 2021, USD Million
TABLE 63 Saudi Arabia Generative AI Market, 2022 - 2028, USD Million
TABLE 64 Saudi Arabia Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 65 Saudi Arabia Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 66 Saudi Arabia Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 67 Saudi Arabia Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 68 Saudi Arabia Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 69 Saudi Arabia Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 70 South Africa Generative AI Market, 2018 - 2021, USD Million
TABLE 71 South Africa Generative AI Market, 2022 - 2028, USD Million
TABLE 72 South Africa Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 73 South Africa Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 74 South Africa Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 75 South Africa Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 76 South Africa Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 77 South Africa Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 78 Nigeria Generative AI Market, 2018 - 2021, USD Million
TABLE 79 Nigeria Generative AI Market, 2022 - 2028, USD Million
TABLE 80 Nigeria Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 81 Nigeria Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 82 Nigeria Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 83 Nigeria Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 84 Nigeria Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 85 Nigeria Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 86 Rest of LAMEA Generative AI Market, 2018 - 2021, USD Million
TABLE 87 Rest of LAMEA Generative AI Market, 2022 - 2028, USD Million
TABLE 88 Rest of LAMEA Generative AI Market by Component, 2018 - 2021, USD Million
TABLE 89 Rest of LAMEA Generative AI Market by Component, 2022 - 2028, USD Million
TABLE 90 Rest of LAMEA Generative AI Market by Technology, 2018 - 2021, USD Million
TABLE 91 Rest of LAMEA Generative AI Market by Technology, 2022 - 2028, USD Million
TABLE 92 Rest of LAMEA Generative AI Market by End-use, 2018 - 2021, USD Million
TABLE 93 Rest of LAMEA Generative AI Market by End-use, 2022 - 2028, USD Million
TABLE 94 Key Information – Google LLC
TABLE 95 Key Information – Amazon Web Services, Inc.
TABLE 96 Key information – IBM Corporation
TABLE 97 key information – Microsoft Corporation
TABLE 98 Key Information – Adobe, Inc.
TABLE 99 Key Information – MOSTLY AI Solutions MP GmbH
TABLE 100 Key Information – Synthesia Limited
TABLE 101 Key Information – Genie AI, Inc.
TABLE 102 Key Information – Rephrase.ai
TABLE 103 Key Information – De-Identification Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 5 SWOT analysis: Amazon.com, Inc.
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation