The global generative AI market size reflects this surge in adoption. In 2025, the market was estimated at USD 22.21 billion, and projections indicate it will reach USD 324.68 billion by 2033, representing a compound annual growth rate (CAGR) of 40.8% between 2026 and 2033.

In 2024, the global gallium nitride semiconductor devices market was estimated at USD 3.06 billion. Projections suggest the market will expand to USD 12.47 billion by 2030, reflecting a remarkable compound annual growth rate of 27.4% from 2025 to 2030.

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