AI Video Generator Market Size, Share & Trends Analysis Report, By Organization Size, By Component (Solution, Services), By End-use, By Application, By Source, By Region, And Segment Forecasts, 2023 - 2032
The global AI video generator market size is expected to reach USD 1,101.16 million by 2032, according to a new study by Polaris Market Research. The report “AI Video Generator Market Size, Share & Trends Analysis Report, By Organization Size, By Component (Solution, Services), By End-use, By Application, By Source, By Region, And Segment Forecasts, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growth of the industry is also being driven by the increasing demand for video content and audio-video materials in various industries. With the growth of the internet and social media platforms, there has been an explosion in the consumption of video content, from streaming services to social media platforms like YouTube and TikTok. As a result, there has been an increased demand for high-quality video content, which has driven the growth of the industry. In addition to video content, the demand for audio-video materials has also been on the rise in various industries, such as education, healthcare, and advertising. With the increasing need for remote communication and collaboration, there has been a surge in the use of video conferencing and virtual meeting platforms, which has further fueled the growth of the industry.
AI video generators can be programmed to create different types of videos, including explainer videos, product demos, and social media videos, among others. They can also be customized to suit specific branding requirements and produce videos that are consistent with a brand's overall style and messaging. The use of AI video generators can significantly reduce the time and cost associated with video production, making it accessible to businesses of all sizes. Moreover, these generators can help overcome some of the creative limitations that may arise due to the lack of specialized skills or resources.
Trend of producing video content quickly is likely to continue in the media and entertainment sectors as the demand for video content grows. Companies that adopt new technologies and techniques to produce high-quality videos quickly and efficiently will be better positioned to succeed in this fast-paced and competitive industry. In the United States, the copyright law protects original works of authorship, including literary, dramatic, musical, and artistic works, as well as other forms of creative expression such as sound recordings and software. The law provides copyright owners with exclusive rights to reproduce, distribute, display, and perform their works, among others.
AI Video Generator Market Report Highlights
Marketing segment held the largest share, owing to the surge in the influencer marketing & social media users
Education sector registered highest growth rate over the study period, due to emergence of online education providers coupled with rising investments
Service sector will show tremendous growth, due to rise in writing-based services across the globe and advancements in technology
The global players include Synthesia, Lumen5, Muse.ai, Rephrase.ai, Synths video, Raw shorts, Pictory, FlexClip, Designs.Ai, and InVideo.
Polaris Market Research has segmented the AI Video Generator market report based on organization size, component, application, source, and region:
AI Video Generator, Component Outlook (Revenue - USD Million, 2019-2032)
Solution
Services
AI Video Generator, Organization Size Outlook (Revenue - USD Million, 2019-2032)
Large Enterprises
SMEs
AI Video Generator, Source Outlook (Revenue - USD Million, 2019-2032)
Text to Video
Powerpoint to Video
Spreadsheet to video
AI Video Generator, Organization Size Outlook (Revenue - USD Million, 2019-2032)
Marketing
Education
E-commerce
Social Media
Others
AI Video Generator, Regional Outlook (Revenue - USD Million, 2019-2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa