The value of the generative AI market was around 0.98 billion euros in 2022. This was over double the value in 2021. The value of the market is predicted to continue to grow and reach almost eight billion euros by 2030.
Generative artificial intelligence value in Germany from 2020 to 2030
(in billion euros)
Data provided by Statista Market Insights are estimates.
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.
Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.
The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.
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Statista. (June 30, 2023). Generative artificial intelligence value in Germany from 2020 to 2030 (in billion euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1399406/generative-artificial-intelligence-value-germany/
Statista. "Generative artificial intelligence value in Germany from 2020 to 2030 (in billion euros)." Chart. June 30, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1399406/generative-artificial-intelligence-value-germany/
Statista. (2023). Generative artificial intelligence value in Germany from 2020 to 2030 (in billion euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1399406/generative-artificial-intelligence-value-germany/
Statista. "Generative Artificial Intelligence Value in Germany from 2020 to 2030 (in Billion Euros)." Statista, Statista Inc., 30 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1399406/generative-artificial-intelligence-value-germany/
Statista, Generative artificial intelligence value in Germany from 2020 to 2030 (in billion euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1399406/generative-artificial-intelligence-value-germany/ (last visited November 10, 2024)
Generative artificial intelligence value in Germany from 2020 to 2030 (in billion euros) [Graph], Statista, June 30, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1399406/generative-artificial-intelligence-value-germany/
