The AI Video Generator market is expected to grow from USD 550.20 million in 2023 to USD 3,375.60 million by 2033, at a CAGR of 19.89% during the forecast period 2024-2033.
The AI video generator market is swiftly growing in the AI and machine learning sector. It uses machine learning and other AI technologies to automatically generate video content. Also, a constant demand for technological advancement and smartphones eventually drives the market. This market is growing due to a surge in video content and growing demand for audio-video materials in several sectors. Based on one of the studies, around 3 billion to 5 Billion internet users consume online video content and download the data globally. All these factors are driving the AI Video Generator Market.
There is a growing requirement for video content in several industries, including entertainment, media, advertising and e-commerce, fueling the market's growth. AI video generators are broadly used for automating video production and need less human contribution, driving the AI Video Generator Market. Also, technological advancements in AI video generators are making video generators more capable and innovative for creating high-quality videos, which can be useful in several applications. This significantly impacts the media and entertainment sector, as video content is largely produced in this sector. Also, it provides consumers with fast and precise solutions and technical skills, which helps address more problems. The surge in demand for video content is largely driving the AI video Generator market. Also, there is broad adoption of fast internet along with the growing prevalence of social media platforms. Moreover, consumers prefer video-based information, which requires user-friendly video creation tools. AI video generators are helping businesses and people create engaging video content with difficulties, complexities, and high costs, which are barriers to the conventional video production process. However, the high cost of the implementation of AI technologies can be expensive for smaller organizations, which can act as a restraint for the market.
This study comprehensively analyses the component, organization size, source, application, and region. The component segment includes solution and services. Solution is a dominant component in the AI Video Generator market in 2023 with around 64.54% market share in revenue. Solutions consist of platforms or software that the leading organizations in the market offer for AI video generation. Services have the highest CAGR as they offer fast and accurate solutions that offer technical capabilities to consumers that resolve complex problems. The organization size segment includes Large Enterprises and SMEs. Large Enterprises, are a dominant organization Size in AI Video Generator market in 2023 with around 58.44% market share. Small and medium sectors are also swiftly gaining market share as technology is becoming more affordable and user-friendly with time. The source segment includes text to video, powerpoint to video and spreadsheet to video. The text to video sector is the dominant source in 2023 with around 40.21% of market share in revenue. This dominant market share is largely attributed to the growing use of this technology in several industry verticals. Also, it is a used tool for making videos of the content. The application segment includes marketing, education, e-commerce, social media and others. The marketing sector industry is the dominant application in 2023 with around 28.35% market share. The lion's share is attributed to the growing demand for video content in the marketing sector. AI video generators help simplify the marketing process on a smaller budget without compromising the quality of the content.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is the largest AI Video Generator market in 2023. It is largely attributed to the presence of developed countries like the US and Canada in the region, which have better infrastructure and copyright laws for safeguarding the author's original content. Also, people and businesses are broadly relying on the AI-powered tools in the region for the making of high-quality visual media, which is more effective and cost-friendly.
Some notable players in the AI Video Generator market are Lumen5, Synthesia, Rephrase.ai, FlexClip, Synths video, InVideo, Designs.Ai, Muse.ai, Pictory and Raw shorts.
AI Video Generator Market Analysis and Forecast, Component
AI Video Generator Market Analysis and Forecast, Organization Size
AI Video Generator Market Analysis and Forecast, Source
AI Video Generator Market Analysis and Forecast, Application
AI Video Generator Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Component
4.3.2. Market Attractiveness Analysis by Organization Size
4.3.3. Market Attractiveness Analysis by Source
4.3.4. Market Attractiveness Analysis by Application
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing requirement for video content in several industries
5.3. Restraints
5.3.1. The high implementation costs
5.4. Opportunities
5.4.1. The technological advancements and innovations
5.5. Challenges
5.5.1. Economic Slowdown
6. Global AI Video Generator Market Analysis and Forecast, By Component
6.1. Segment Overview
6.2. Solution
6.3. Services
7. Global AI Video Generator Market Analysis and Forecast, By Organization Size
7.1. Segment Overview
7.2. Large Enterprises
7.3. SMEs
8. Global AI Video Generator Market Analysis and Forecast, By Source
8.1. Segment Overview
8.2. Text to Video
8.3. Powerpoint to Video
8.4. Spreadsheet to Video
9. Global AI Video Generator Market Analysis and Forecast, By Application
9.1. Segment Overview
9.2. Marketing
9.3. Education
9.4. E-Commerce
9.5. Social Media
9.6. Others
10. Global AI Video Generator Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global AI Video Generator Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the AI Video Generator Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Lumen5
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Synthesia
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Rephrase.ai
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. FlexClip
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Synths video
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. InVideo
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Designs.Ai
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Muse.ai
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Pictory
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Raw shorts
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global AI Video Generator Market, By Component, 2020-2033 (USD Million)
2. Global Solution AI Video Generator Market, By Region, 2020-2033 (USD Million)
3. Global Services AI Video Generator Market, By Region, 2020-2033 (USD Million)
4. Global AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
5. Global Large Enterprises AI Video Generator Market, By Region, 2020-2033 (USD Million)
6. Global SMEs AI Video Generator Market, By Region, 2020-2033 (USD Million)
7. Global AI Video Generator Market, By Source, 2020-2033 (USD Million)
8. Global Text to Video AI Video Generator Market, By Region, 2020-2033 (USD Million)
9. Global Powerpoint to Video AI Video Generator Market, By Region, 2020-2033 (USD Million)
10. Global Spreadsheet to Video AI Video Generator Market, By Region, 2020-2033 (USD Million)
11. Global AI Video Generator Market, By Application, 2020-2033 (USD Million)
12. Global Marketing AI Video Generator Market, By Region, 2020-2033 (USD Million)
13. Global Education AI Video Generator Market, By Region, 2020-2033 (USD Million)
14. Global E-Commerce AI Video Generator Market, By Region, 2020-2033 (USD Million)
15. Global Social Media AI Video Generator Market, By Region, 2020-2033 (USD Million)
16. Global Others AI Video Generator Market, By Region, 2020-2033 (USD Million)
17. Global AI Video Generator Market, By Region, 2020-2033 (USD Million)
18. North America AI Video Generator Market, By Component, 2020-2033 (USD Million)
19. North America AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
20. North America AI Video Generator Market, By Source, 2020-2033 (USD Million)
21. North America AI Video Generator Market, By Application, 2020-2033 (USD Million)
22. U.S. AI Video Generator Market, By Component, 2020-2033 (USD Million)
23. U.S. AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
24. U.S. AI Video Generator Market, By Source, 2020-2033 (USD Million)
25. U.S. AI Video Generator Market, By Application, 2020-2033 (USD Million)
26. Canada AI Video Generator Market, By Component, 2020-2033 (USD Million)
27. Canada AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
28. Canada AI Video Generator Market, By Source, 2020-2033 (USD Million)
29. Canada AI Video Generator Market, By Application, 2020-2033 (USD Million)
30. Mexico AI Video Generator Market, By Component, 2020-2033 (USD Million)
31. Mexico AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
32. Mexico AI Video Generator Market, By Source, 2020-2033 (USD Million)
33. Mexico AI Video Generator Market, By Application, 2020-2033 (USD Million)
34. Europe AI Video Generator Market, By Component, 2020-2033 (USD Million)
35. Europe AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
36. Europe AI Video Generator Market, By Source, 2020-2033 (USD Million)
37. Europe AI Video Generator Market, By Application, 2020-2033 (USD Million)
38. Germany AI Video Generator Market, By Component, 2020-2033 (USD Million)
39. Germany AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
40. Germany AI Video Generator Market, By Source, 2020-2033 (USD Million)
41. Germany AI Video Generator Market, By Application, 2020-2033 (USD Million)
42. France AI Video Generator Market, By Component, 2020-2033 (USD Million)
43. France AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
44. France AI Video Generator Market, By Source, 2020-2033 (USD Million)
45. France AI Video Generator Market, By Application, 2020-2033 (USD Million)
46. U.K. AI Video Generator Market, By Component, 2020-2033 (USD Million)
47. U.K. AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
48. U.K. AI Video Generator Market, By Source, 2020-2033 (USD Million)
49. U.K. AI Video Generator Market, By Application, 2020-2033 (USD Million)
50. Italy AI Video Generator Market, By Component, 2020-2033 (USD Million)
51. Italy AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
52. Italy AI Video Generator Market, By Source, 2020-2033 (USD Million)
53. Italy AI Video Generator Market, By Application, 2020-2033 (USD Million)
54. Spain AI Video Generator Market, By Component, 2020-2033 (USD Million)
55. Spain AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
56. Spain AI Video Generator Market, By Source, 2020-2033 (USD Million)
57. Spain AI Video Generator Market, By Application, 2020-2033 (USD Million)
58. Asia Pacific AI Video Generator Market, By Component, 2020-2033 (USD Million)
59. Asia Pacific AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
60. Asia Pacific AI Video Generator Market, By Source, 2020-2033 (USD Million)
61. Asia Pacific AI Video Generator Market, By Application, 2020-2033 (USD Million)
62. Japan AI Video Generator Market, By Component, 2020-2033 (USD Million)
63. Japan AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
64. Japan AI Video Generator Market, By Source, 2020-2033 (USD Million)
65. Japan AI Video Generator Market, By Application, 2020-2033 (USD Million)
66. China AI Video Generator Market, By Component, 2020-2033 (USD Million)
67. China AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
68. China AI Video Generator Market, By Source, 2020-2033 (USD Million)
69. China AI Video Generator Market, By Application, 2020-2033 (USD Million)
70. India AI Video Generator Market, By Component, 2020-2033 (USD Million)
71. India AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
72. India AI Video Generator Market, By Source, 2020-2033 (USD Million)
73. India AI Video Generator Market, By Application, 2020-2033 (USD Million)
74. South America AI Video Generator Market, By Component, 2020-2033 (USD Million)
75. South America AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
76. South America AI Video Generator Market, By Source, 2020-2033 (USD Million)
77. South America AI Video Generator Market, By Application, 2020-2033 (USD Million)
78. Brazil AI Video Generator Market, By Component, 2020-2033 (USD Million)
79. Brazil AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
80. Brazil AI Video Generator Market, By Source, 2020-2033 (USD Million)
81. Brazil AI Video Generator Market, By Application, 2020-2033 (USD Million)
82. Middle East and Africa AI Video Generator Market, By Component, 2020-2033 (USD Million)
83. Middle East and Africa AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
84. Middle East and Africa AI Video Generator Market, By Source, 2020-2033 (USD Million)
85. Middle East and Africa AI Video Generator Market, By Application, 2020-2033 (USD Million)
86. UAE AI Video Generator Market, By Component, 2020-2033 (USD Million)
87. UAE AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
88. UAE AI Video Generator Market, By Source, 2020-2033 (USD Million)
89. UAE AI Video Generator Market, By Application, 2020-2033 (USD Million)
90. South Africa AI Video Generator Market, By Component, 2020-2033 (USD Million)
91. South Africa AI Video Generator Market, By Organization Size, 2020-2033 (USD Million)
92. South Africa AI Video Generator Market, By Source, 2020-2033 (USD Million)
93. South Africa AI Video Generator Market, By Application, 2020-2033 (USD Million)
List of Figures
1. Global AI Video Generator Market Segmentation
2. AI Video Generator Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global AI Video Generator Market Attractiveness Analysis by Component
9. Global AI Video Generator Market Attractiveness Analysis by Organization Size
10. Global AI Video Generator Market Attractiveness Analysis by Source
11. Global AI Video Generator Market Attractiveness Analysis by Application
12. Global AI Video Generator Market Attractiveness Analysis by Region
13. Global AI Video Generator Market: Dynamics
14. Global AI Video Generator Market Share by Component (2023 & 2033)
15. Global AI Video Generator Market Share by Organization Size (2023 & 2033)
16. Global AI Video Generator Market Share by Source (2023 & 2033)
17. Global AI Video Generator Market Share by Application (2023 & 2033)
18. Global AI Video Generator Market Share by Regions (2023 & 2033)
19. Global AI Video Generator Market Share by Company (2023)
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