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Global Generative AI In Creative Industries Market Projected to Surpass $12.61 Billion by 2029 with 32.5% Annual Growth
Generative AI In Creative Industries Market Report
The generative AI in creative industries market is expected to grow from $3.08 billion in 2024 to $4.09 billion in 2025, at a compound annual growth rate (CAGR) of 32.8%. The growth is driven by the rise of creative coding communities, increased public awareness and interest, and the growth of open-source frameworks.
The generative AI in creative industries market is projected to reach $12.61 billion by 2029, growing at a CAGR of 32.5%. Growth is driven by improved data efficiency, few-shot learning, ethical AI practices, and cross-domain creative applications. Trends include AI-powered content generation, cross-domain creativity, immersive experiences, and AI-driven design and innovation.
What Is Contributing to the Growth of the Generative AI In Creative Industries Market?
The increasing adoption of AI technology is expected to contribute to the growth of the generative AI in creative industries market in the coming years. AI technology refers to the field of computer science focused on developing systems and algorithms that mimic human-like intelligence or behavior. The rise of AI adoption is due to advancements in AI research, the availability of big data, and improvements in cost-efficiency. AI technology is widely used in generative AI within creative sectors to enhance human creativity, automate repetitive tasks, and unlock new possibilities for artistic innovation. For instance, in October 2024, the Department for Science, Innovation and Technology in the UK reported that around 3,000 AI companies in the UK collectively generated over £10 billion (about USD 10.81 billion) in revenue in 2024. The number of AI companies grew by 17%, and AI revenues rose by 34%, reaching £3.6 billion (USD 3.89 billion). AI-related jobs also increased by 29%, adding approximately 14,500 new positions. Therefore, the rising adoption of AI technology is propelling the growth of the generative AI in creative industries market.
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Which Key Market Leaders Are Driving Generative AI In Creative Industries Industry Growth?
Major companies operating in the generative AI in creative industries market report are Apple Inc.; Google LLC; Samsung Electronics Co. Ltd.; Microsoft Corporation; Sony Corporation; The Walt Disney Company; International Business Machines Corporation; Nvidia Corporation; Adobe Inc.; Autodesk Inc.; Unity Software Inc.; Epic Games Inc.; Wacom Co. Ltd.; Pixar Animation Studios Inc.; Moving Picture Company Inc.; Lucasfilm Ltd.; Framestore Limited; Double Negative LLC; Digital Domain Inc.; Chaos Group; Foundry Inc.; SideFX Inc.; Industrial Light And Magic; Maxon Computer Inc.
What Are the Emerging Trends in the Generative AI In Creative Industries Industry?
In the generative AI in creative industries market, companies are integrating AI into 3D workflows to enhance production efficiency. For instance, in March 2024, Adobe Inc., a US-based software company, launched the integration of Firefly's generative AI capabilities with its Substance 3D suite, speeding up creative processes for designers, game developers, and VFX artists by generating high-quality, realistic textures and environments.
What Are the Main Segments in the Generative AI In Creative Industries Market?
The generative AI in creative industries market covered in this report is segmented -
1) By Type: Text-To-Image Generation, Image-To-Image Generation, Music Generation, Video Generation, 3D Modeling and Animation
2) By Deployment Mode: On-Premise, Cloud
3) By Application: Gaming, Film And Television, Advertising And marketing, Music And Sound Production, Other Applications
Subsegments:
1) By Text-To-Image Generation: AI-Powered Image Generation From Text Prompts, Text-To-Image Synthesis For Art And Design, Photorealistic Image Creation
2) By Image-To-Image Generation: Image Style Transfer, Image Editing And Enhancement, Image-To-Image Translation
3) By Music Generation: AI Music Composition, AI-Powered Music Arrangement, Sound Design And Audio Effects
4) By Video Generation: AI Video Synthesis, Video Editing And Content Creation, AI-Powered Animation And Motion Graphics
5) By 3D Modeling And Animation: AI-Based 3D Design Tools, Automated 3D Object Generation, AI-Driven Animation And Simulation
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Which Geographic Area Leads the Generative AI In Creative Industries Market?
North America was the largest region in the generative AI in creative industries market in 2024. The regions covered in the generative AI in creative industries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Generative AI In Creative Industries Global Market Report?
- Market Size Analysis: Analyze the Generative AI In Creative Industries Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Generative AI In Creative Industries Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Generative AI In Creative Industries Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Generative AI In Creative Industries Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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