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.
Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/ai-video-generator-market/request-for-sample
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
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)
AI Video Generator, Organization Size Outlook (Revenue - USD Million, 2019-2032)
AI Video Generator, Source Outlook (Revenue - USD Million, 2019-2032)
AI Video Generator, Organization Size Outlook (Revenue - USD Million, 2019-2032)
AI Video Generator, Regional Outlook (Revenue - USD Million, 2019-2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 452.46 million |
Revenue forecast in 2032 |
USD 1,101.16 million |
CAGR |
10.39% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2019– 2021 |
Forecast period |
2023– 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2023 to 2030 |
Segments covered |
By Component, Organization Size, Source, Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Synthesia, Lumen5, Muse.ai, Rephrase.ai, Synths video, Raw shorts, Pictory, FlexClip, Designs.Ai, and InVideo. |
For Specific Research Requirements |