Artificial Intelligence (AI) Video Generator Market Set to Reach $1.92 Billion by 2029 with 22.6% Yearly Growth

What industry-specific factors are fueling the growth of the artificial intelligence (ai) video generator market?
The AI video generator market is forecasted to see substantial growth driven by the increasing use of social media. Social media encompasses online sites and platforms where people can interact, share and create content, and be part of digital communities. With the extensive access to the internet, widespread use of smartphones, along with the need for connectivity, easy content creation, and the rise of influencers and online communities, the use of social media has significantly increased. AI video generators in these social media platforms significantly improve user engagement, personalization, and content production, providing a more engaging and immersive social media environment. These tools automatically produce videos from materials provided by users, such as images, text, and videos. Meltwater, a software company based in the Netherlands, reported in February 2023 that there were 28.75 million Instagram users and 35 million LinkedIn subscribers. Furthermore, a report by Meta Platforms Inc., a US-based social networking firm in December 2022, revealed that 2.93 billion users visited at least one social media platform in September 2022, and this figure climbed to 2.96 billion by December 2022. As a result, the escalating usage of social media is propelling the growth of the AI video generator market.

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What Is the projected market size and growth rate for the artificial intelligence (ai) video generator market?
The market size of the artificial intelligence (AI) video generator has seen a significant rise in recent years. It is predicted to increase from $0.69 billion in 2024 to $0.85 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 22.9%. The surge in growth during the historic period is largely due to factors such as increased demand for social media advertising, desire for high-quality video content, the expanding number of internet users, expenditures on digital marketing, and the growing popularity of short videos.

In the coming years, the market size for the AI video generator is likely to experience a surge in growth, reaching an estimated $1.92 billion by 2029 with a 22.6% CAGR. This predicted growth during the forecast period can be credited to a number of factors, such as an increase in the number of social media users, a rise in demand for video creation tools, and users seeking personalized and interactive content. Other contributing factors include the emergence of virtual and augmented reality, the growing trend of virtual events, and the expansion of e-commerce applications. Some key future trends include the generation of real-time and cross-modal videos, immersive and interactive video experiences, advancements in natural language processing (NLP), computer vision, speech recognition technology, the Internet of Things (IoT), blockchain technology, and the evolution of AI-powered content creation platforms and tools.

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What are the most significant trends transforming the artificial intelligence (ai) video generator market today?
Leading businesses in the AI video generator market are concentrating their efforts on creating unique solutions such as text-to-video models to establish a competitive position in the market. These models make the automated video production process possible from text descriptions, thus eliminating the necessity for human intervention in video editing or production skills. As an example, OpenAI, an AI firm located in the United States, unveiled a new generative AI model named Sora in February 2024. This model helps users produce photorealistic videos from simple textual prompts, with capabilities to produce intricate scenes featuring multiple characters, distinctive movement patterns, and precise details of the subject and surroundings. This model uses a structure mirroring GPT models known as a transformer, representing videos and pictures as clusters of smaller individual data units, referred to as patches.

What major market segments define the scope and growth of the artificial intelligence (ai) video generator market?
The artificial intelligence (AI) video generator market covered in this report is segmented -

1) By Component: Solution, Services
2) By Source: Text To Video, PowerPoint To Video, Spreadsheet To Video
3) By Organization Size: Large Enterprises, Small And Midsize Enterprises (SMEs)
4) By End-User: marketing, E-Commerce, Educational Institutions, Information Technology And Telecommunication, Healthcare, Other End-Users

Subsegments:
1) By Solution: AI Video Editing Software, AI Video Creation Tools, AI-Based Animation Software
2) By Services: AI Video Generation As A Service, Consulting and Integration Services, Custom AI Video Solutions

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Which region dominates the artificial intelligence (ai) video generator market?
Asia-Pacific was the largest region in the AI video generator market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) video generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the artificial intelligence (ai) video generator industry growth?
Major companies operating in the artificial intelligence (AI) video generator market report are Amazon.com Inc.; Google LLC; Microsoft Corporation; Alibaba Group Holding Limited; Facebook Inc.; Huawei Technologies Co. Ltd; Sony Corporation; Tencent Holdings Limited; Intel Corporation; International Business Machines Corporation; NVIDIA Corporation; Baidu Inc.; Adobe Inc.; Activision Blizzard Inc.; Autodesk Inc.; OpenAI Inc.; Vimeo Inc.; Kaltura; Synthesia Ltd.; Animoto Inc.; HeyGen; InVideo Inc.; Lumen5 Technologies Ltd; Magisto; Pictory Corp.; Typito; Moovly; Prontopia; FlexClip; DeepBrain AI; Steve.AI

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What Is Covered In The Artificial Intelligence (AI) Video Generator Global Market Report?

• Market Size Forecast: Examine the artificial intelligence (ai) video generator market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) video generator market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial intelligence (ai) video generator market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) video generator market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) video generator market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) video generator market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) video generator market.
• Competitive Landscape: Review strategic developments in the artificial intelligence (ai) video generator market, including expansions, agreements, and new product launches.

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