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StatisticsAI & Digital Economy·2026-07-03

Revenue Growth Trend of China's AIGC Overseas (2019-2024)

Over the past six years, China's AIGC overseas revenue surged from under $100 million to $3.5 billion, with a CAGR exceeding 130%.

012.52537.5502019202020212022202320242019 · Revenue ($100M): 0.5 $100 million2020 · Revenue ($100M): 1.2 $100 million2021 · Revenue ($100M): 3.5 $100 million2022 · Revenue ($100M): 8 $100 million2023 · Revenue ($100M): 18 $100 million2024 · Revenue ($100M): 35 $100 million$100 million
Source: 行业估算 · 2024

Growth Overview

From 2019 to 2024, China's AIGC overseas revenue experienced explosive growth. According to industry estimates, the market size was only $0.5 billion in 2019, mainly from a few AI translation and speech synthesis tools. In 2020-2021, as multimodal models matured, overseas revenue reached $1.2 billion and $3.5 billion respectively, with accelerating growth.

Key Drivers

  • Technological breakthroughs: ChatGPT sparked a global AI frenzy in late 2022, and domestic large model vendors quickly followed up, driving AIGC products overseas.
  • Expanding application scenarios: From text generation to image, video, and code, overseas users' willingness to pay increased.
  • Policy and capital support: The government encouraged AI companies to go global, and venture capital poured in, speeding up product iteration.

Annual Data (in $100 million)

YearRevenue
20190.5
20201.2
20213.5
20228.0
202318.0
202435.0

Future Outlook

Revenue is expected to exceed $6 billion in 2025, but it faces challenges such as geopolitical risks and stricter overseas regulations. Mainstream vendors need to strengthen localization and compliance capabilities.

Source: 行业估算. Data is compiled from public sources such as UN Comtrade and industry estimates, for research reference only and not investment advice.

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