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This report provides a comprehensive overview of the global Generative AI Market, including its segments, sub-segments, competitive landscape, and growth prospects. The market is expected to grow at a healthy rate of 34.73% over the forecast period 2022-2029, driven by the increasing demand for machine learning and deep learning, coupled with the increasing adoption of transformers applications. Additionally, the increasing government initiatives in artificial intelligence are acting as a catalyzing factor for the growth of the global market.