Press release
Artificial Intelligence Media Entertainment Generator Global Market 2024 - Top Companies, Industry Analysis, Growth Statistics And Outlook By 2033
Artificial Intelligence Media Entertainment Generator Global Market
The Business Research Company presents an extensive market research report on the Artificial Intelligence Media Entertainment Generator Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The artificial intelligence media entertainment generator market size has grown rapidly in recent years. It will grow from $12.87 billion in 2023 to $14.8 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to escalating demand for personalized content, cost and time efficiency, accessibility and ease of use, surge in the adoption of smart devices, growing demand for interactive advertising..
The artificial intelligence media entertainment generator market size is expected to see rapid growth in the next few years. It will grow to $25.24 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing demand for video content, rising demand for video content on social media, innovative applications of ai in the media industry, growing need for high-quality images, versatility and customization. Major trends in the forecast period include strategic partnerships and collaborations, advancements in ai technology, business diversification towards ai, favourable government initiatives, help companies leverage building blocks .
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Key Market Players:
Major companies operating in the artificial intelligence media entertainment generator market report are Google LLC, Samsung Group, Microsoft Corporation, Alibaba Group Holding Limited, Meta Platforms Inc., Sony Corporation, Walt Disney Company, Tencent Holdings Limited, Amazon Web Services, Intel Corporation, International Business Machines Corporation (IBM), Nvidia Corporation, Baidu Inc., Adobe Inc., HCL Technologies Limited, Autodesk Inc., Unity Software Inc., Quantum Corporation, Nuance Communications Inc., OpenAI, Veritone Inc., Vidrovr, DeepMind Technologies Limited, Stability AI Ltd., Zype Inc., GrayMeta Inc.
Market Drivers:
The growing acceptance of visual media is expected to propel the growth of the artificial intelligence media entertainment generator market going forward. Visual media refers to any form of communication that utilizes visual elements to convey information or tell a story. Artificial intelligence media entertainment generators are used in visual media to leverage the power of machine learning to create various visual media elements, from stunning visuals and special effects to captivating characters and even entire narratives. For instance, in September 2023, according to HubSpot, a US-based software company, over 50% of marketers used visuals in over 91% of their content, with original graphics being the most used type of visual content by marketers at 36%, followed by stock photos at nearly 34%. Therefore, the growing acceptance of visual media is driving the growth of the artificial intelligence media entertainment generator market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-media-entertainment-generator-global-market-report
The artificial intelligence media entertainment generator market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Technology Type: Deep Learning Technology, Gesture-based
3) By End-User Industry: Art and Creative, Entertainment and Gaming, Healthcare, E-Commerce, Other End-User Industries
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