Press release
Comprehensive Generative AI in Content Creation Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Which drivers are expected to have the greatest impact on the over the generative ai in content creation market's growth?The growth of generative AI in the content creation market is being fuelled by a growing demand for internet usage. This increase in internet demand is driven by improved infrastructure, broadened broadband networks, and the widespread use of mobile devices like smartphones and tablets. Generative AI, with its capacity to generate a range of content in diverse formats, styles, and subjects, maintains the freshness, appeal, and relevance of internet content in line with users' diverse tastes. For example, according to data released by the Switzerland-based International Telecommunication Union in November 2022, around 5.3 billion people, or 66% of the global population, used the Internet in 2022, indicating a 6.1% increase from the previous year. Consequently, the rising demand for internet usage is propelling the growth of generative AI in the content creation market.
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What is the future CAGR of the generative ai in content creation market, and how will it impact industry expansion?
The market size of generative AI in content creation has been expanding massively in the previous years. Its growth is expected to rise from $16.17 billion in 2024 to $21.68 billion in 2025, reflecting a compound annual growth rate (CAGR) of 34.0%. This growth during the historical period is due to the evolution of machine learning, enhanced computational capacity, extension of natural language processing, development of generative adversarial networks, and the surfacing of innovative applications.
The market size of generative AI in content creation is forecasted to experience rapid expansion in the forthcoming years. It is predicted to reach $69.16 billion by 2029, growing at a compound annual growth rate (CAGR) of 33.6%. The expected growth over the forecast period can be associated with the development of generative AI algorithms, its uptake by small and medium enterprises, advancements in creative sectors, the incorporation of multimodal capabilities, and the widespread accessibility of content creation tools. Key market trends during this forecast period include the automation of common tasks, seamless integration into current workflows, ethical considerations, wider accessibility of content creation, and growth across new sectors.
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How are the latest trends influencing the growth of the generative ai in content creation market?
Leading enterprises in the generative AI content creation marketplace are forging ahead with the development of cutting-edge products like generative AI instruments to amass revenue. A generative AI apparatus is essentially software that utilizes learned patterns to fabricate new content like text, graphics, or videos, thus, fueling creativity by inspiring new concepts automatically. As an illustration, Amazon.com, Inc., a US-based e-commerce corporation, unveiled its generative AI machine in September 2023 for composing listing content, with an aim to alleviate the complications of sellers and mechanize the product listing procedure. This innovative tool utilizes extensive language models to produce comprehensive product content from succinct descriptions or keywords given by the sellers. It proves to be a time-saver and heightens listing quality and uniformity, thereby enhancing the overall shopping experience.
Which key market segments comprise the generative ai in content creation market and drive its revenue growth?
The generative AI in content creation market covered in this report is segmented -
1) By Component: Software, Services
2) By Application: Text Generation, Image Generation, Video Generation, Audio Generation, Other Applications
3) By Industry Vertical: Entertainment And Media, E-Commerce, Healthcare, marketing And Advertising, Other Industry Verticals
Subsegments:
1) By Software: Content Generation Software, Text-To-Image Generation Software, Video And Animation Creation Software, Music And Audio Generation Software
2) By Services: Consulting Services, Implementation And Integration Services, Training And Support Services, Content Optimization And Customization Services
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What regions are at the forefront of generative ai in content creation market expansion?
North America was the largest region in the generative AI in content creation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative AI in content creation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the generative ai in content creation market?
Major companies operating in the generative AI in content creation market report are Amazon Inc.; Google LLC; Microsoft Corporation; International Business Machines Corporation; Oracle Corporation; NVIDIA Corporation; Adobe Inc.; Pepper Content Pvt. Ltd.; Midjourney Technologies Inc.; Rent the Runway Inc.; Contentful GmbH; Jasper AI Inc.; Braintrust Inc.; Anyword Inc.; OpenAI; AI21 Labs Ltd.; Ryte GmbH; Synthesia Technologies Ltd.; Magical Tome Inc.; Brain Technologies AI Ltd.; AX Semantics GmbH; Amper Music Inc.; Writesonic Inc.; Hypotenuse AI Inc.; Pictory.AI Inc.
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What Is Covered In The Generative AI in Content Creation Global Market Report?
• Market Size Forecast: Examine the generative ai in content creation market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the generative ai in content creation market for a structured understanding.
• Key Players Overview: Analyze major players in the generative ai in content creation market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the generative ai in content creation market.
• Segment Contributions: Evaluate how different segments drive overall growth in the generative ai in content creation market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the generative ai in content creation market.
• Industry Challenges: Identify potential risks and obstacles affecting the generative ai in content creation market.
• Competitive Landscape: Review strategic developments in the generative ai in content creation market, including expansions, agreements, and new product launches.
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