How Retrieval-Augmented Generation Is Improving Enterprise AI Systems The global generative AI market was valued at USD 22.2 billion in 2025 and is projected to grow from USD 29.6 billion in 2026 to USD 324.7 billion by 2033, registering a compound annual growth rate (CAGR) of 40.8% from 2026 to 2033. North America dominated the market in 2025, accounting for 40.8% of global revenue.
Market growth is driven by the increasing adoption of generative AI applications...
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