Global Artificial Intelligence (AI) Video Generator Market Projected to Grow at 20.6% CAGR, Reaching $1.79 Billion by 2029

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How Large Will the Artificial Intelligence (AI) Video Generator Market Size By 2025?
Recent years have seen a staggering expansion in the size of the market for AI video generator. Projected to surge from $0.69 billion in 2024 to $0.85 billion in 2025, the market is set to enjoy a compound annual growth rate (CAGR) of 22.0%. This impressive growth in the historic period is due to factors such as the surge in social media advertising, the need for premium video content, an increase in the number of internet users, expenditure on digital marketing, and the popularity of short video format.

How Big Is the Artificial Intelligence (AI) Video Generator Market Size Expected to Grow by 2029?
The sector of the artificial intelligence (AI) video generator market is projected to enjoy a robust expansion over the upcoming years, and it's anticipated to surge to $1.79 billion by 2029, at a compound annual growth rate (CAGR) of 20.6%. The acceleration in the forthcoming period hinges on twofactor, including the increasing count of social media enthusiasts, the demand for video-creating gadgets, a craving for personalized and interactive content, the advent of virtual and augmented reality, escalating popularity of virtual events, and proliferation in e-commerce utilities. During this forecasted period, major trends will encompass real-time video creation, trans-modal video generation, intuitive and immersive video instances, adoption of Natural Language Processing (NLP), computer vision and speech acknowledgement, Internet of Things (IoT), blockchain, as well as the emergence of AI-centric content creation platforms and instruments.

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Which Key Market Drivers Powering Artificial Intelligence (AI) Video Generator Market Expansion and Growth?
The rise in social media usage is set to boost the expansion of the AI video generator market. Technically, social media pertains to online sites and apps that give users the liberty to generate and distribute contents, engage with others, and belong to digital communities. The escalation in social media usage can be traced back to factors like growing internet reach, widespread use of smartphones, increased desire for connection, effortless content-making, and the emergence of influencer culture and online communities. AI video generators on these social media platforms improve the ways of content creation, personalisation, and user interaction, creating a more lively and immersive social media experience. These AI video generators can automatically create videos using inputs like pictures, text, and videos from users. For example, Meltwater, a Netherlands-based software firm, reported that in February 2023, there were approximately 28.75 million Instagram users and 35 million LinkedIn subscribers. In addition, a report by Meta Platforms Inc., a US social networking company, revealed that about 2.93 billion users logged into at least one social media platform in September 2022. By December 2022, the number has risen to 2.96 billion. Thus, it is the increasing use of social media that continues to fuel the development of the AI video generator market.

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Which Fast-Growing Trends Are Poised to Disrupt the Artificial Intelligence (AI) Video Generator Market?
Key players in the AI video generator market are concentrating on the invention of pioneering solutions like text-to-video models, in order to secure an advantageous position in this industry. With text-to-video models, users can craft appealing visual content without needing to manually edit videos or possess expertise in video production. For instance, OpenAI, an American Artificial Intelligence firm, launched Sora, an advanced generative AI model in February 2024. Sora enables users to create hyper-realistic videos from straightforward written instructions, boasting capabilities such as creating intricate scenes with multiple characters, specific movements, and precise details of the subject and the backdrop. Its infrastructure resembles GPT models, treating videos and images as assemblies of smaller data portions known as patches.

What Are the Emerging Segments in the Artificial Intelligence (AI) Video Generator Market?
The artificial intelligence (ai) video generatormarket 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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Who Are the Global Leaders 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

Which are the Top Profitable Regional Markets for the Artificial Intelligence (AI) Video Generator Industry?
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.

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