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Artificial Intelligence (AI) Video Generator Market Size Projected To Reach $1.92 Billion By 2034 With A Cagr Of 22.6%
The Artificial Intelligence (AI) Video Generator Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Artificial Intelligence (AI) Video Generator Market?
The market for AI video generators has witnessed an enormous growth in the past few years. The market is predicted to surge from a value of $0.69 billion in 2024 to an increased value of $0.85 billion in 2025, boasting a CAGR of 22.9%. Multiple factors have contributed to the historic growth including the requirement for social media advertising, the demand for high-quality video content, the increase in the number of internet users, investment in digital marketing, and the popularity of short videos.
The market for AI video generators is projected to experience dramatic growth in the coming years, swelling to a $1.92 billion value in 2029, boasting a compound annual growth rate of 22.6%. This growth, projected over the forecast period, is largely due to the increasing number of social media consumers, the need for video creation tools, the demand for personalized and engaging content, the emergence of virtual and augmented reality technologies, the surge in virtual events, and expanding e-commerce applications. Noteworthy trends during this period encompass real-time video production, cross-modal video creation, interactive and immersive video experiences, advancements in natural language processing (NLP), computer vision, and speech recognition technologies, along with the rise of the Internet of Things (IoT), blockchain, and the evolution of AI-powered content creation platforms and tools.
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What Are the Different Artificial Intelligence (AI) Video Generator Market Segments?
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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What Are the Primary Drivers Shaping the Artificial Intelligence (AI) Video Generator Market?
The surge in the use of social media is projected to fuel the expansion of the AI video generator market in the future. Social media encompasses online platforms and websites where users can generate and share their content, interact with fellow users, and take part in virtual societies. The rise in social media usage is attributed to aspects like increased access to the internet, widespread use of smartphones, the longing for connectivity, the simplicity of creating content, and the emergence of influencer culture and online communities. AI video generators on social media platforms boost content creation, personalization, and user involvement, culminating in a more vibrant and captivating social media experience. They autonomously generate videos from content provided by users like images, text, and videos. For example, in February 2023, Meltwater, a software company based in the Netherlands, reported that there were 28.75 million users on Instagram and 35 million subscribers on LinkedIn. Moreover, as per a report released by Meta Platforms Inc., an American social networking firm, in December 2022, 2.93 billion individuals accessed one or more social media platforms in September 2022. This figure swelled to 2.96 billion by December 2022. Consequently, the amplified use of social media is propelling the expansion of the AI video generator market.
Which Companies Are Leading in the Artificial Intelligence (AI) Video Generator Market?
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
What Are the Major Trends Shaping the Artificial Intelligence (AI) Video Generator Market?
Key players in the AI video generator market are keen on advancing and bringing forth innovative solutions like text-to-video models, with the aim of establishing a competitive supremacy within the market. The text-to-video models pave the way for automatic video creation from textual instructions, letting users craft captivating visual content without the necessity for manually editing videos or having proficiency in video production. For instance, OpenAI, an American AI company, launched a novel AI model known as Sora in February 2024. This helps users in producing photorealistic videos from their written prompts. Sora provides the flexibility for users to generate meticulous videos, including complex scenes filled with multiple characters, specific motion types, and precise details of the subject and the background. This model works on a transformer architecture, akin to GPT models, and views videos and images as groups of smaller data fragments, referred to as patches.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) Video Generator Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) Video Generator Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) Video Generator Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) Video Generator Market?
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