openPR Logo
Press release

Computational Creativity Market to Observe Strong Development by 2028

03-18-2019 06:26 AM CET | IT, New Media & Software

Press release from: TMR Research

Computational Creativity Market to Observe Strong Development

Computational creativity is generally applied to artificial intelligence or other computer technologies which helps emulate, experiment, facilitate, and enhance human creativity. It involves experimentation with an objective of developing thought processes and innovative ideas in various fields such as engineering, architecture, art, music, cuisine, and literature.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4875

Further, the computational creativity helps create things once considered impossible for computers including sculptures, paintings, and written works of fiction. The global computational creativity market is likely to benefit from a range of factors including both macroeconomic and microeconomic factors.

Computational creativity has gained rising momentum in the recent years, with increasing need for automation in creative tasks to improve the process and to design more personalized experiences for the consumers. Rising adoption of computational creativity in modern applications along with heavy investments in start-ups that provide computational creativity solutions will possibly create new growth opportunities for key players in the computational creativity market. The computation creativity market players are also focusing on expansion and merger & acquisitions to bolster their position.

Computational Creativity Market – Notable Developments

IBM, Microsoft, Amazon Web Services, Jukedeck, Autodesk, Adobe, Google, Cyanapse, Obvious, Object AI, Avia, Logojoy, Lumen5, IntegraPay, Canva, B12, Amper Music, Automated Creative, Firedrop, Prisma Labs, Runway, Skylum, Hello Games, The Grid, ScriptBook, HUMTAP, and WaveAI Inc. are among the key players in computational creativity market.

In October 2018, IBM Research team collaborated with Symirise, one of the world’s leading producers of fragrances and flavorings, to create an AI system called ‘Philyra’ that can create perfumes based on digital fragrance models. It uses advanced machine learning algorithms developed by IBM Research for product design technology to examine thousands of formulas and raw materials that help identify patterns and novel combinations.

Further, with IBM Research AI for Product Composition, a spice manufacturer McCormick is leveraging machine learning to develop different combinations of flavors.

In May 2018, Jukedeck, a UK-based AI music startup and a key player of computational creativity market, used its musical AI to create entire soundtrack for a new digital video series, ‘ART + TECHNOLOGY’, launched in partnership with Bloomberg Media Group and Hyundai Motor Company.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=4875

Computational Creativity Market Dynamics

Computational creativity market is deemed to be one of the most-acclaimed business spheres of the modern industrial space which is expected to witness a remarkable growth in the coming years.

Growing adoption of computational creativity solutions for a number applications in marketing and web designing, music composition, high-end video gaming development and others are likely to contribute to the expansion of computational creativity market. These solutions help users build new creative websites with just a few clicks, without requiring prior knowledge or experience in coding and also employ advanced algorithms to develop most relevant experiences for end users.

Such rapid pace of technological advancements, especially in AI field, is projected to augur well with the growth of computational creativity market. The computational creativity market is also likely to be positively influenced by a range of interconnected factors.

However, growing competition among key stakeholders and slow digitalization rate affecting the adoption of machine learning and AI technology may create a hindrance in the market growth of computational creativity.

Read Comprehensive Overview of Report @ https://www.tmrresearch.com/computational-creativity-market

North America to Generate Substantial Revenue Growth of the Computational Creativity Market

Advances in modern technology along with rising use of AI-based solutions for creative pursuits is anticipated to push the adoption of computational creativity solutions in North America. Key providers in the region are focusing on product innovations and deployment of AI-based solutions along with adoption of numerous growth strategies to improve their presence in the computational creativity market.

Consumer inclination toward smartphone culture coupled with adoption of new technologies, especially the ones that aid an individual’s creative pursuits is likely to boost the growth of computational creativity market in various regions across the globe.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Computational Creativity Market to Observe Strong Development by 2028 here

News-ID: 1658283 • Views: 166

More Releases from TMR Research

Project Portfolio Management (PPM) Market Survey on Developing Application 2025
The increasing use of cloud-based technologies and the rising need to optimize the cost of products and processes are estimated to contribute significantly towards the development of the project portfolio management market in the next few years. According to the research study, the market is likely to exhibit a strong growth rate over the next few years. Request Sample Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2597 The global market for project portfolio management is currently witnessing
Marketing Automation Software Market Revolutionary Opportunities 2025
The leading players in the global marketing automation software market, as of now, include HubSpot, Inc., Act-On Software, Inc., Marketo, Inc., Infusionsoft, Salesforce.com, Inc., Oracle Corporation, IBM Corporation, and Adobe Systems Inc. The degree of competition within the global marketing automation software market is expected to grow stronger over the coming years, as the demand for these solutions increases. Request Sample Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2573 Marketing automation is the use of software that
ICT Investment in Government Market Growth Framework 2025
Some of the leading players in the ICT domain that are putting forth greater investments into e-governments are coming from the fields of communication services, data center systems, IT services, software, and devices. Each field has a massive amount of potential when it comes to contributions and investments into e-governments, and players are realizing the full potential that this market can hold. Request Sample Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2570 The industry of information and
Interactive Projector Market Current Trends and Future Aspect Analysis 2017 – …
Interactive projector offers preferable solutions for presenters to help them actively participate in communications with their audiences as the images are projected. It typically mimics the function of interactive whiteboards or any surface where the projection of images is made. This facilitates presenters to involve in a dynamic interaction with the projected images with the help of a mechanical or an electrical stylus or more often just a finger. Advanced

All 5 Releases


More Releases for Computational

Global Computational Photography Market Insights, Forecast
The Computational Photography market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Computational Photography Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=49265 Table of Contents: Table of Contents 1 Study Coverage 1.1
Global Computational Photography Market Insights, Forecast
The Computational Photography market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Computational Photography. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=49265 Table of Contents: Table of Contents 1 Study Coverage 1.1
Global Computational Fluid Dynamics Market Size, Status and Forecast
Computational fluid dynamics (CFD) is a branch of fluid mechanics that uses numerical analysis and data structures to solve and analyze problems that involve fluid flows are used to perform the calculations required to simulate the interaction of liquids and gases with surfaces defined by boundary conditions. CFD facilitates the researchers to quantify and predict effects of simultaneous flow of heat, mass transfer, phase change, chemical reaction, mechanical movements, and
Computational Photography Market Registering a Strong Growth by 2025
Increasing disposable incomes combined with rapid advancements in technology, leading to incredible achievements is the foremost reason for rising market for computational photography. The way photography has evolved has ruled out any limitations that individuals used to face with traditional photography techniques. Traditional photography just meant, capturing what is visible to eyes. The scenario has totally changed after the evolution of computational photography. Computational photography is the use of
Computational Photography Market : Key Growth Factor, Industry Analysis 2017 - 2 …
Increasing disposable incomes combined with rapid advancements in technology, leading to incredible achievements is the foremost reason for rising market for computational photography. The way photography has evolved has ruled out any limitations that individuals used to face with traditional photography techniques. Traditional photography just meant, capturing what is visible to eyes. The scenario has totally changed after the evolution of computational photography. Request to Sample of Report- https://www.persistencemarketresearch.com/samples/20404 Computational
ANSYS acquires Computational Engineering International
India – July 12, 2017 – ANSYS (NASDAQ: ANSS), the global leader and innovator of engineering simulation software, announced today that it has acquired Computational Engineering International, Inc. (CEI), the developer of a suite of products that helps engineers and scientists analyze, visualize and communicate simulation data. Terms of the deal, which closed earlier this month, were not disclosed. The merger of the physical and digital worlds is resulting in products