The Australia generative AI market size reached USD 292.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,247.6 Million by 2033, exhibiting a growth rate (CAGR) of 17.5% during 2025-2033. The market is witnessing substantial growth, driven by enterprise integration, legal tech adoption, and rising demand for secure, scalable solutions. Investments by major firms and sector-specific applications are pushing AI from pilot use to business-critical implementation.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 292.0 Million |
Market Forecast in 2033 | USD 1,247.6 Million |
Market Growth Rate 2025-2033 | 17.5% |
Enterprise Demand for Scalable AI Solutions
Australia is witnessing a sharp rise in demand for generative AI technologies that can meet enterprise-scale requirements. Businesses are looking beyond experimentation, aiming for deep integration of AI into their operations from customer service and data analysis to strategic planning and decision support. This shift is creating a strong pull for consulting firms to offer not only technical tools but also advisory services that help ensure compliance, ethical use, and measurable outcomes. Large companies are prioritizing AI systems that can scale securely, integrate with existing infrastructure, and offer measurable efficiency gains. Responding to this need, PwC Australia introduced an AI Centre of Excellence in August 2024 as part of a USD 12 Million commitment to grow its generative AI capabilities. The firm added 30 new AI-specific roles to support this expansion, covering areas such as model training, governance, and client implementation. The center is designed to help businesses unlock real-world value from AI while managing associated risks. With this move, PwC is not only boosting enterprise adoption but also contributing to Australia’s emergence as a key player in the global AI delivery market. The trend signals long-term investment in making AI a central part of corporate strategy and operations across industries.
Legal Sector Push for Efficient AI Tools
The adoption of generative AI is moving from pilot use to core workflow integration within the legal sector. Law firms and in-house teams are looking for tools that can reduce the time spent on routine research, improve drafting accuracy, and help summarize lengthy legal texts without compromising on security or quality. AI solutions that are tailored to legal databases and offer verifiable sources are increasingly being prioritized. This demand is especially strong in Australia, where firms are under pressure to deliver faster and more cost-effective services while managing large volumes of information. In June 2024, LexisNexis formally launched Lexis+ AI in Australia, following a test run with 300 legal professionals. The tool is built to support research, drafting, and summarization while ensuring that outputs are encrypted and citation-verified. Its trial phase saw strong feedback on improved speed and precision, which led to its full release. Lexis+ AI has since been adopted by multiple legal practices, where it is helping lawyers handle complex cases more efficiently. This trend highlights the legal industry’s growing confidence in AI tools that offer both productivity gains and risk controls. It also points to a broader movement toward practical, secure AI use in professional service domains.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on offering type, technology type, and application.
Offering Type Insights:
The report has provided a detailed breakup and analysis of the market based on the offering type. This includes image, video, speech, and others.
Technology Type Insights:
A detailed breakup and analysis of the market based on the technology type have also been provided in the report. This includes autoencoders, generative adversarial networks, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes healthcare, generative intelligence, media and entertainment, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Offering Types Covered | Image, Video, Speech, Others |
Technology Types Covered | Autoencoders, Generative Adversarial Networks, Others |
Applications Covered | Healthcare, Generative Intelligence, Media and Entertainment, Others |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: