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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42100 
  Pages: 110+  

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

Report Format: PDF DataSheet |   Pages: 110+  

 May 2024  | 

Nordics Generative AI Market Snapshot

Nordics Generative AI Market

  • Predictions indicate that revenue in the Nordics generative AI market will attain US$ 5.58 billion by the end of 2024.
  • The revenue growth within the generative AI market in Nordics is projected to demonstrate a Compound Annual Growth Rate (CAGR) of 21.81% during the forecast period (2024-2032), reaching US$ 27.06 billion.
  • Within the components segment, the hardware is expected to maintain dominance in 2024, capturing 65.35% market share in the country.
  • By 2032, in Nordics, 38.95% of the total revenue is predicted to be generated by IT and Telecom end user.

Nordics 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


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]