Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI4220 
  Pages: 110+
 

Australia Generative AI Market Analysis, Size, and Forecast by Component, Deployment Model, Business Function, Technique, End User: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 June 2024   

Australia Generative AI Market Snapshot

Australia Generative AI Market


  • Revenue in the Australia generative AI market is estimated to stand at US$ 1.75 billion in 2024.
  • In the generative AI market in Australia, 36.28% of total revenue will be generated through IT and Telecom end user by 2032.
  • The hardware sector is expected to emerge as fastest growing segment in terms of revenue generation during the forecast period.
  • In 2024, the on-premise solutions segment is expected to maintain its dominance in Australia, holding a 58.10% market share among various segments.

Australia Generative AI Market Coverage

Analysis Period

2019 – 2032

Actual Data

2019 – 2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024 – 2032

Research Scope

Component

  • Hardware
  • Software
  • Service

Deployment Model

  • On-premise Solutions
  • Cloud-based Solutions
  • Hybrid Solutions

Business Function

  • Marketing and sales
  • Customer operations
  • Product R&D
  • Software engineering
  • Supply chain and operations
  • Risk and legal
  • Strategy and finance
  • Corporate IT
  • Talent and organization

Technique

  • Generative Modelling Techniques
  • Text-Based Techniques
  • Code-Based Techniques

End User

  • IT and Telecom
  • Media and Entertainment
  • Energy and Power
  • Transportation and Logistics
  • Healthcare
  • BFSI
  • Retail
  • Manufacturing
  • Public Sector
  • Other