Generative AI Coding Assistants Market to reach USD139.55
From GlobeNewswire: 2025-06-16 10:00:00
The Generative AI Coding Assistants Market was valued at USD 18.34 Million in 2023, projected to reach USD 139.55 Million by 2032 with a CAGR of 25.4%. Major players include Amazon Web Services, IBM, Microsoft, and Google. The U.S. market was valued at USD 4.71 billion in 2023, expected to reach USD 30.97 billion by 2032, driven by AI tool adoption and tech company investments.
Code generation & autocompletion segment dominated the market in 2023 with 44% revenue share, expected to grow at a rapid pace due to software complexity. Individual developers & freelancers accounted for 36% revenue share in 2023, while SMEs are forecasted to have the fastest CAGR. Manufacturing led in 2023, with retail & e-commerce showing the fastest growth.
North America dominated the market in 2023, with Asia Pacific expected to have the fastest CAGR due to rising software development and cloud service demand. Recent developments in 2024 include OpenAI launching GPT-4 plugins, GitHub enhancing Copilot Chat, and AWS introducing CodeWhisperer Pro. SNS Insider provides market research and consulting services globally to help clients navigate changing market landscapes.
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