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AI In Media And Entertainment Market 2023- Growth, Share, Size, Demand, Market Analysis, Business Development And Forecast To 2032
AI In Media And Entertainment Market Analysis
AI In Media And Entertainment Market Size, Growth Rate, And Forecast
The global AI in media & entertainment market size is expected to grow from $10.74 billion in 2022 to $13.72 billion in 2023 at a compound annual growth rate (CAGR) of 27.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The AI in media & entertainment market is expected to grow to $34.86 billion in 2027 at a CAGR of 26.3%.
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AI In Media And Entertainment Market Drivers
The spike in popularity of OTT platforms and growth in online game streaming are expected to propel AI in media and entertainment market. The presence of subscribers on over-the-top (OTT) platforms is growing due to improved networks, more robust internet connectivity, and multimedia service-capable mobiles. Recently, the market has also shown growth in the online gaming industry due to an array of factors such as increased penetration of affordable internet, access to online games, and large-scale development in the gaming industry.
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AI In Media And Entertainment Market Segments
1) By Solution: Hardware/Equipment, Services
2) By Product: Simulation FX, Animation, Modelling, Matte Painting, Compositing
3) By Application: Gaming, Fake Story Detection, Plagiarism Detection, Personalization, Production Planning & Management, Sales and Marketing, Talent Identification, Content Capture, Sports Automatic Productions
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the AI in media and entertainment market.
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AI In Media And Entertainment Market Key Players
Major competitors in the AI in media and entertainment market include Amazon Web Services Inc., Veritone Inc., Gravity Media, GrayMeta Inc., International Business Machines Corp., LMG LLC, Pixellot Ltd., Synthesia Ltd.
The Business Research Company's "Global AI In Media And Entertainment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The AI In Media And Entertainment Market Include:
1. Executive Summary
2. AI In Media & Entertainment Market Characteristics
3. AI In Media & Entertainment Market Trends And Strategies
4. AI In Media & Entertainment Market - Macro Economic Scenario
5. AI In Media & Entertainment Market Size And Growth
.....
26. Africa AI In Media & Entertainment Market
27. AI In Media & Entertainment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The AI In Media & Entertainment Market
29. AI In Media & Entertainment Market Future Outlook and Potential Analysis
30. Appendix
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