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The Growing Adoption Of Digital Marketing Is Fueling The Growth Of The Market Due To Its Role In Enhancing Engagement, Brand Visibility, And Data-Driven Content Creation: A Key Catalyst Accelerating Artificial Intelligence (AI)-Generated Short-Form Video
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Artificial Intelligence (AI)-Generated Short-Form Video Script Market Size By 2025?
In recent times, there has been an exponential surge in the market size of short-form video script generated through artificial intelligence (AI). The market is projected to expand even further, soaring from $1.62 billion in 2024 to hit $2.11 billion by 2025, experiencing a compound annual growth rate (CAGR) of 30.1%. Factors contributing to such a remarkable growth within the historic period include the escalating adoption of various social media platforms, booming demand for captivating video content, expansion in the influencer and creator economy, the proliferation of digital marketing initiatives, and increasing penetration of smartphones.
How Big Is the Artificial Intelligence (AI)-Generated Short-Form Video Script Market Size Expected to Grow by 2029?
The market for short-form video scripts created by artificial intelligence (AI) is projected to witness significant expansion in the forthcoming years, shooting up to $5.98 billion by 2029 with a compound annual growth rate (CAGR) of 29.8%. This projected surge during the estimated period is due to a multitude of factors, including increased demand for customized content, an escalating requirement for cost-efficient video production, the proliferating application of AI in marketing automation, the broadening of brand narrative methods, and an intensifying concentration on viewer engagement statistics. The estimated period is also likely to be characterized by several trends such as advancements in AI video production, innovative automated editing instruments, investments dedicated to the research and development of content platforms, the progression of text-to-video solutions, and developments in the field of visual effects and animation technology.
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Which Key Market Drivers Powering Artificial Intelligence (AI)-Generated Short-Form Video Script Market Expansion and Growth?
The market growth is being propelled by the increasing use of digital marketing, given its importance in boosting engagement, enhancing brand visibility, and facilitating the creation of content based on data.
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Which Fast-Growing Trends Are Poised to Disrupt the Artificial Intelligence (AI)-Generated Short-Form Video Script Market?
Leading firms in the AI-produced short form video script sector are concentrating on the creation of cutting-edge solutions including AI-powered avatars for a variety of audiences. These AI avatars imitate human characteristics, expressions, and speech and boost digital content by offering an interactive, customised, and engaging user experience in videos and virtual landscapes. For instance, in April 2024, UK-based AI company Synthesia Ltd. introduced Expressive AI Avatars capable of demonstrating human emotions. By utilising advanced models, these AI avatars can display emotions such as joy, sorrow, and anger using the text scripts they are provided. They transform script sentiment into realistic facial expressions and body language while doing away with the need for cameras, actors, or studios. This innovation enables avatars to deliver messages with human-like emotional implications, making them perfect for marketing, e-learning, and presentations. Short-form videos are created directly from text, showing AI's potential to generate compelling content with realistic expressions automatically.
What Are the Emerging Segments in the Artificial Intelligence (AI)-Generated Short-Form Video Script Market?
The artificial intelligence (AI)-generated short-form video script market covered in this report is segmented
1) By Component: Software, Services
2) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
3) By Deployment Mode: Cloud-Based, On-Premises
4) By End-User: Media And Entertainment, Retail And E-Commerce, Education, Corporate, Other End-Users
Subsegments:
1) By Software: Script Writing Tools, Video Editing Tools, Artificial Intelligence (AI) Animation Tools, Text-to-Video Platforms, Visual Effects Software
2) By Services: Content Creation Services, Social Media Optimization Services, Marketing Automation Services, Custom Artificial Intelligence (AI) Script Services, Video Analytics Services
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Who Are the Global Leaders in the Artificial Intelligence (AI)-Generated Short-Form Video Script Market?
Major companies operating in the artificial intelligence (AI)-generated short-form video script market are Adobe Inc., Jasper AI Inc., Synthesia Ltd., Lightricks, InVideo AI, Copy.ai Inc., Writesonic Inc., Animoto Inc., VEED Limited, Runway AI Inc., Kapwing Inc., Vizard Technologies Inc., Neuroflash GmbH, Elai.io, Wisecut Video Inc., FlexClip, Visla Inc., Pictory Inc., Lumen5 Technologies Inc., and Creatify Lab.
Which are the Top Profitable Regional Markets for the Artificial Intelligence (AI)-Generated Short-Form Video Script Industry?
North America was the largest region in the artificial intelligence (AI)-generated short-form video script market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in artificial intelligence (AI)-generated short-form video script report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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