Press release
Generative AI In Creative Industries Market Set to Reach $12.61 Billion by 2029 with 32.5% Yearly Growth
Generative AI In Creative Industries Market Size
The expansion of the generative AI sector in creative industries is anticipated to be fuelled by the growing uptake of AI technologies. This refers to a specific field within computer science and engineering which focuses on creating systems and algorithms that behave similarly to humans. The use of AI technology is becoming more widespread due to progress in AI research, access to a wealth of big data, cost-cutting measures, and enhancements in efficiency. AI technology is heavily incorporated into generative AI in the creative sectors, offering a boost to human creativity, helping to mechanize monotonous tasks, and unlocking innovative and artistic potential. For instance, the Department for Science, Innovation and Technology, a ministerial department of the British Government, reported in October 2024 that there are approximately 3,000 AI firms in the UK. These firms generate over £10 billion (roughly USD 10.81 billion) in revenue. There was a 17% increase in AI firms in 2024, adding 543 new firms, while revenues from AI saw a growth of 34%, amounting to £3.6 billion (USD 3.89 billion). AI-related jobs also saw a boost, with a 29% growth adding around 14,500 jobs. Consequently, the escalating adoption of AI technology is propelling the growth of the generative AI in the creative industries market.
Get Your Generative AI In Creative Industries Market Report Here:
https://www.thebusinessresearchcompany.com/report/generative-ai-in-creative-industries-global-market-report
How will the growth rate of the generative ai in creative industries market shape industry trends by 2034?
The market size of generative AI in creative industries has seen a significant increase over recent years. Its expansion is expected to continue from $3.08 billion in 2024 to $4.09 billion in 2025, showing a compound annual growth rate (CAGR) of 32.8%. The notable past growth is due to factors such as the emergence of creative coding communities, heightened public interest and awareness, and the rise in open-source frameworks.
The market size of generative AI in creative industries is forecasted to witness a rapid surge in the forthcoming years, reaching $12.61 billion by 2029 with a compound annual growth rate (CAGR) of 32.5%. This growth during the predicted period could be due to enhanced data efficiency, few-shot learning, ethical AI practices, inclusivity, and multi-domain creativity applications. Key trends to watch during this period encompass AI-supported content creation and automation, cross-domain creativity, interactive and immersive experiences, including AI-propelled design and innovation.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15181&type=smp
What new trends are reshaping the generative ai in creative industries market and its opportunities?
Leading firms in the generative AI realm for creative industries are emphasizing on the advancement of AI technologies like AI 3D workflows to bolster creative procedures and expedite production processes. Essentially, an AI 3D workflow denotes the incorporation of AI technologies in the formation, modification, and enhancement of 3D assets and settings. For example, Adobe Inc., a software company based in the US, initiated the primary integration of Firefly's generative AI functionalities with Substance 3D Sampler and Stager in March 2024, enabling a smoother and more efficient 3D workflow for professionals in industrial design, gaming, and VFX fields. The aim is to accelerate iterative and imaginative processes for these professionals, making the process of crafting high-grade, life-like textures and settings more efficient. By leveraging this novel 3D design arena, users can interact and design within a 3D space more effectively and rapidly, simplifying the creation of 3D content in Adobe's Creative Cloud. Furthermore, this feature generates several texture variations automatically, giving users the ability to iterate by modifying the prompt.
Which primary segments of the generative ai in creative industries market are driving growth and industry transformations?
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
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15181
Which geographical regions are pioneering growth in 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.
Who are the influential players reshaping the generative ai in creative industries market landscape?
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.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=15181&type=smp
What Is Covered In The Generative AI In Creative Industries Global Market Report?
• Market Size Forecast: Examine the generative ai in creative industries market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the generative ai in creative industries market for a structured understanding.
• Key Players Overview: Analyze major players in the generative ai in creative industries market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the generative ai in creative industries market.
• Segment Contributions: Evaluate how different segments drive overall growth in the generative ai in creative industries market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the generative ai in creative industries market.
• Industry Challenges: Identify potential risks and obstacles affecting the generative ai in creative industries market.
• Competitive Landscape: Review strategic developments in the generative ai in creative industries market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Generative AI In Creative Industries Market Set to Reach $12.61 Billion by 2029 with 32.5% Yearly Growth here
News-ID: 3908217 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Image
Image Consulting Market Outlook, Trend Analysis, Current Growth, Future Scope An …
The latest report published by Coherent Market Insights highlights the growth prospects of the Image Consulting Market from 2025 to 2032. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
Image Sensor Market: Image Sensor Growth to USD 39B by 2031
Image Sensor Market Scope:
Key Insights : Image Sensor Market size was valued at USD 16.01 billion in 2022 and is poised to grow from USD 16.36 billion in 2023 to USD 39 billion by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031).
Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/image-sensor-market
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/image-sensor-market
In-Depth Exploration of the…
Image Consulting Market: Opportunities in Executive Coaching, Wardrobe and Style …
Description
Coherent Market insights announces the release of the report "Image Consulting Market - Demand, Growth, Opportunities and Analysis of Top Key Player Forecast to 2030", The Image Consulting market research report provides a comprehensive analysis of the current state and future potential of the Image Consulting market. The report covers various aspects, including market size, growth trends, key players, market segmentation, competitive landscape, industry drivers, and challenges. The objective of…
CMOS and sCMOS Image Sensors CMOS and sCMOS Image Sensors
The latest CMOS and sCMOS Image Sensors market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data.
Request a sample on this latest research report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5096977
Top Key Players are covered in this report:…
Interventional Image-Guided Systems Market Report 2018: Segmentation by Product …
Global Interventional Image-Guided Systems market research report provides company profile for St. Jude Medical, Neusoft, Konica Minolta, Samsung Medison, Shimadzu, BenQ Medical Technology, Asahi Roentgen, GE Healthcare, Olympus, Philips Healthcare, Siemens Healthineers, Toshiba Medical Systems and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth…
Image Sensors Market By Types - CCD Image Sensors, Linear Image Sensors, CMOS Im …
The vendor landscape of the U.S. image sensors market includes companies such as Dalsa Corporation, Omnivision Technologies Inc., Micron Technology Inc., and Sharp Microelectronics of the Americas. The market players are witnessing an increased demand for linear image sensors owing to the extensive applications of CMOS (complementary metal-oxide semiconductor) image sensors across a wide range of applications. In fact, the majority of the revenue of these market players comes from…
