Global AI Video Generator Market is valued at approximately USD 472.9 million in 2022 and is anticipated to grow with a healthy growth rate of more than 19.7% over the forecast period 2023-2030. An AI video generator is a software or system that uses artificial intelligence (AI) techniques such as machine learning, computer vision, and natural language processing to create videos automatically. These videos can be used for various purposes, such as marketing, education, entertainment, and more. AI video generators can save time and resources for content creators and businesses, as they can quickly produce high-quality videos without the need for extensive human input. The AI Video Generator market is expanding because of factors such as the growth of online video content consumption on video platforms and rising awareness about the cost-effective benefits of AI video generators.
The growth of AI video generators has been fueled by the increasing demand for social media advertising, as businesses seek to stand out in a highly competitive online marketplace. As businesses continue to invest in social media advertising activities, the demand for AI video generators is likely to continue to grow. According to Statista, in the year 2021, total spending on social media advertising activities stood at USD 180.96 billion which increased to USD 189.55 billion in the year 2022 and it is projected to reach USD 247.29 billion by the year 2027. Along with these, the growth of online video content consumption on video platforms is fostering market growth, According to Statista in the year 2021 the Users for video streaming stood at 1.13 billion which increased to 1.16 billion users in the year 2022 and it is projected to reach at 1.64 billion users by the year 2027. In addition, increasing application in social media and Increasing demand for quality video content across various applications is creating lucrative growth in the market. However, high subscription charges stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global AI Video Generator Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, rising investment in advertisement activities and rising online video consumption in the region. Whereas, Asia Pacific is expected to grow with the highest CAGR during the forecasted period owing to factors such as rising spending on digital marketing, rising number of internet users, and rising demand from various applications.
Major market players included in this report are:
- Synthesia Ltd
- Lumen5 Technologies Ltd
- Museai Inc
- Rephrase Technologies Private Ltd
- Synth AI Labs Inc.
- Raw shorts Inc
- Pictory Corporation
- PearlMountain Limited
- Designs.AI
- InVideo Inc.
Recent Developments in the Market:
- In September 2022, Meta announced the launch of a new AI system 'Make-A-Video' that allows users to input text prompts to generate high-quality video clips. This new AI standard is based on recent developments made by the company in the research of generative technology, which may present new job opportunities for creators and artists.
Global AI Video Generator Market Report Scope:
- Historical Data: - 2020 - 2021
- Base Year for Estimation: - 2022
- Forecast period: - 2023-2030
- Report Coverage: - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: - Component, Organization Size, Source, Application, Region
- Regional Scope: - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Componentofferings of key players. The detailed segments and sub-segment of the market are explained below.
By Component:
By Organization Size:
By Source:
- Text to Video
- PowerPoint to Video
- Spreadsheet to Video
By Application:
- Marketing
- Education
- E-commerce
- Social Media
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. AI Video Generator Market, by Region, 2020-2030 (USD Million)
- 1.2.2. AI Video Generator Market, by Component, 2020-2030 (USD Million)
- 1.2.3. AI Video Generator Market, by Organization Size, 2020-2030 (USD Million)
- 1.2.4. AI Video Generator Market, by Source, 2020-2030 (USD Million)
- 1.2.5. AI Video Generator Market, by Application, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global AI Video Generator Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global AI Video Generator Market Dynamics
- 3.1. AI Video Generator Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growth of online video content consumption on video platforms
- 3.1.1.2. Rising awareness about the cost-effective benefits of AI video generators
- 3.1.2. Market Challenges
- 3.1.2.1. High subscription charges
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing application in social media
- 3.1.3.2. Increasing demand for quality video content across various applications
Chapter 4. Global AI Video Generator Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global AI Video Generator Market, by Component
- 5.1. Market Snapshot
- 5.2. Global AI Video Generator Market by Component, Performance - Potential Analysis
- 5.3. Global AI Video Generator Market Estimates & Forecasts by Component 2020-2030 (USD Million)
- 5.4. AI Video Generator Market, Sub Segment Analysis
- 5.4.1. Solution
- 5.4.2. Services
Chapter 6. Global AI Video Generator Market, by Organization Size
- 6.1. Market Snapshot
- 6.2. Global AI Video Generator Market by Organization Size, Performance - Potential Analysis
- 6.3. Global AI Video Generator Market Estimates & Forecasts by Organization Size 2020-2030 (USD Million)
- 6.4. AI Video Generator Market, Sub Segment Analysis
- 6.4.1. Large Enterprises
- 6.4.2. SMEs
Chapter 7. Global AI Video Generator Market, by Source
- 7.1. Market Snapshot
- 7.2. Global AI Video Generator Market by Source, Performance - Potential Analysis
- 7.3. Global AI Video Generator Market Estimates & Forecasts by Source 2020-2030 (USD Million)
- 7.4. AI Video Generator Market, Sub Segment Analysis
- 7.4.1. Text to Video
- 7.4.2. PowerPoint to Video
- 7.4.3. Spreadsheet to Video
Chapter 8. Global AI Video Generator Market, by Application
- 8.1. Market Snapshot
- 8.2. Global AI Video Generator Market by Application, Performance - Potential Analysis
- 8.3. Global AI Video Generator Market Estimates & Forecasts by Application 2020-2030 (USD Million)
- 8.4. AI Video Generator Market, Sub Segment Analysis
- 8.4.1. Marketing
- 8.4.2. Education
- 8.4.3. E-commerce
- 8.4.4. Social Media
- 8.4.5. Others
Chapter 9. Global AI Video Generator Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. AI Video Generator Market, Regional Market Snapshot
- 9.4. North America AI Video Generator Market
- 9.4.1. U.S. AI Video Generator Market
- 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Organization Size breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Source breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada AI Video Generator Market
- 9.5. Europe AI Video Generator Market Snapshot
- 9.5.1. U.K. AI Video Generator Market
- 9.5.2. Germany AI Video Generator Market
- 9.5.3. France AI Video Generator Market
- 9.5.4. Spain AI Video Generator Market
- 9.5.5. Italy AI Video Generator Market
- 9.5.6. Rest of Europe AI Video Generator Market
- 9.6. Asia-Pacific AI Video Generator Market Snapshot
- 9.6.1. China AI Video Generator Market
- 9.6.2. India AI Video Generator Market
- 9.6.3. Japan AI Video Generator Market
- 9.6.4. Australia AI Video Generator Market
- 9.6.5. South Korea AI Video Generator Market
- 9.6.6. Rest of Asia Pacific AI Video Generator Market
- 9.7. Latin America AI Video Generator Market Snapshot
- 9.7.1. Brazil AI Video Generator Market
- 9.7.2. Mexico AI Video Generator Market
- 9.8. Middle East & Africa AI Video Generator Market
- 9.8.1. Saudi Arabia AI Video Generator Market
- 9.8.2. South Africa AI Video Generator Market
- 9.8.3. Rest of Middle East & Africa AI Video Generator Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Synthesia Ltd
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Lumen5 Technologies Ltd
- 10.3.3. Museai Inc
- 10.3.4. Rephrase Technologies Private Ltd
- 10.3.5. Synth AI Labs Inc.
- 10.3.6. Raw shorts Inc
- 10.3.7. Pictory Corporation
- 10.3.8. PearlMountain Limited
- 10.3.9. Designs.AI
- 10.3.10. InVideo Inc.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption