Press release
2025 AI Text Generator Industry Trends Report: Long-Term Outlook Through 2034
AI Text Generator Market
How Large Will the AI Text Generator Market Size By 2025?
Significant growth has been observed in the AI text generator market in the past few years. The market, which was valued at $0.61 billion in 2024, is projected to rise to $0.74 billion in 2025, with a compound annual growth rate (CAGR) of 21.2%. The upsurge during the historic period is a result of wider acceptance by businesses that require specialization, a rise in demand for natural language generation, a growing necessity for high-quality and engaging content, and a heightened dependence on online communication channels.
How Big Is the AI Text Generator Market Size Expected to Grow by 2029?
Anticipations are high for the AI text generator market, with its size set to expand drastically in the upcoming years. By 2029, this market may reach a staggering $1.59 billion, boasting a compound annual growth rate (CAGR) of an impressive 20.9%. This predicted growth can be credited to several factors, notably the escalating utilization of AI technologies, the soaring demand for content creation, the budding interest in ethical AI and modeling, the increasing need for customized data, and the growing utilization of machine learning for content. The forecast period is likely to witness major trends such as technological progress, advancements in AI technology, superior technological solutions, comprehensive content ecosystems, and the incorporation of AI text generators.
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Which Key Market Drivers Powering AI Text Generator Market Expansion and Growth?
The upward trend in the use of cloud-based platforms is set to boost the AI text generator market's expansion. Cloud-based platforms denote the provision of services via the internet rather than being hosted on local servers or personal computing devices. This shift towards cloud-based platforms encompasses digital transformation, affordability, security and compliance, integration and interoperability, and disaster recovery. AI text generators significantly contribute to augmenting the functionality, efficiency, and user experience of cloud-based platforms by automating content production, enhancing support amenities, expediting data compilation, amplifying NLP capacities, simplifying documentation, and facilitating automated reporting and insights. For example, data from the European Union in December 2023 cites that a Netherlands-based international organization reported a 4.2% increase in the number of European Union businesses acquiring cloud computing services in 2023 compared to 2021. Hence, the mounting implementation of cloud-based platforms is spurring the growth of the AI text generator market.
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Which Fast-Growing Trends Are Poised to Disrupt the AI Text Generator Market?
Significant businesses within the AI text generator market concentrate on the advancement of innovative technologies such as text-to-video AI content generators. These efforts aim to provide enhanced tailored solutions for various sectors and applications. A text-to-video AI content generator, powered by AI algorithms, efficiently transforms text content into video format. This advancement facilitates users in transforming all kinds of written text into video material without requiring manual creation or editing. As an illustration, OpenAI Inc., a U.S. AI research and deployment firm, launched an AI Text-to-Video Generator named Sora in February 2024. The product features sophisticated algorithms for seamless scene transitions and visual synchronization with narratives. It further helps users by providing customization options for video styles, themes, and visual effects, catering to their particular demands. Sora's intuitive interface enables individuals and corporations to produce captivating video content effectively, fostering innovation and creativity in the digital realm.
What Are the Emerging Segments in the AI Text Generator Market?
The AI text generator market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Application: Text To Text, Speech And Voice To Text, Image And Video To Text
3) By End-Use: Media And Entertainment, Healthcare, Education, Information Technology (IT) and Telecommunication, E-commerce, Social Media and Networking
Subsegments:
1) By Solutions: Natural Language Processing (Nlp) Solutions, Text Analytics Solutions, Machine Learning-Based Solutions
2) By Services: Consulting Services, Integration And Implementation Services, Managed Services
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Who Are the Global Leaders in the AI Text Generator Market?
Major companies operating in the AI text generator market are Google LLC, Microsoft Corporation, Meta Platforms, Huawei Technologies Co. Ltd., International Business Machines Corporation, System Analysis Program, Salesforce.com Inc., Adobe Systems Incorporated, OpenAI Inc., Palantir Technologies Inc., AI Writer Technologies FZ-LLC, Frase Inc., LONGSHOT AI INC., Orpheus Technology Ltd., Course Hero Inc., Jasper AI INC., OthersideAI Inc., CopyAI Inc., AISense Inc., Writesonic Inc., Scalenut Technologies Pvt. Ltd., Pepper Content Pvt. Ltd., INK Content Inc., Hypotenuse Technologies Pte. Ltd., Sassbook AI Pte. Ltd
Which are the Top Profitable Regional Markets for the AI Text Generator Industry?
North America was the largest region in the AI text generator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI text generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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