x
  • Search Result for

Nigeria Generative AI Market | Analysis 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42119  | Publication: May 2024  |  US$925  |  

Nigeria Generative AI Market Snapshot

Nigeria Generative AI Market

  • By 2024, revenue in the Nigeria generative AI market is expected to reach US$ 360.0 million, with a forecasted Compound Annual Growth Rate (CAGR) of 36.27% from 2024 to 2032.
  • Nigeria IT and Telecom sector was valued at US$ 132.10 million in 2023.
  • By components, the preeminent segment is expected to be hardware, with a market valuation of US$ 2,305.5 million in 2032.
  • It's projected that 38.12% of the total revenue in the Nigeria generative AI market will be attributed to IT and Telecom end user by 2032.

Nigeria Generative AI Industry 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
For Enquiry