AI Video Generator Market Size Worth $ 1,101.16 Million By 2032 | CAGR: 10.39%

AI Video Generator Market Size Worth $ 1,101.16 Million By 2032 | CAGR: 10.39%


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.

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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

AI Video Generator Market Report Scope

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.

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