The global artificial intelligence (AI) video market size was USD 5.62 billion in 2023, calculated at USD 7.60 billion in 2024 and is expected to be worth around USD 156.57 billion by 2034. The market is slated to expand at 35.32% CAGR from 2024 to 2034.
The global artificial intelligence (AI) video market size is projected to be worth around USD 156.57 billion by 2034 from USD 7.60 billion in 2024, at a CAGR of 35.32% from 2024 to 2034. The North America artificial intelligence (AI) video market size reached USD 2.02 billion in 2023. The Artificial Intelligence (AI) video market is rapidly expanding, driven by advancements in machine learning and computer vision technologies. Evolution in AI technologies can boost market growth further. Rising Consumer demand for high-quality video content is expected to drive market growth shortly.
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The U.S. artificial intelligence (AI) video market size was exhibited at USD 1.62 billion in 2023 and is projected to be worth around USD 46 billion by 2034, poised to grow at a CAGR of 35.55% from 2024 to 2034.
North America dominated the global artificial intelligence (AI) video market in 2023. Regional growth can be attributed to the increasing implementation of influencer marketing, the rise in the number of social media users, and changes in consumers' perceptions. Furthermore, Startups in the region are implementing data-driven marketing strategies to generate maximum revenue leads, which can drive market expansion in the region soon.
Asia Pacific is expected to witness the fastest growth in the artificial intelligence (AI) video market over the projected period, owing to the increasing adoption of Artificial Intelligence (AI) video and rapid technological advancements across all industries. Moreover, the region's booming digital economy and rising investments in infrastructure, along with ongoing innovation, can stimulate this market growth during the projected period.
Artificial Intelligence (AI) video is a video that can be created by using artificial intelligence from scratch or utilizing an existing video clip as a first point for advanced computer manipulation technologies that use Real-time Artificial Intelligence (AI) video analytics to automatically examine and find patterns in video content in real-time. It also allows computers to identify events and objects within video streams by enabling quick decision-making and giving valuable insights. Artificial Intelligence (AI) video generators can revolutionize the video creation process entirely.
The Artificial Intelligence (AI) video market plays a key role in the videography market by enhancing personalization, streamlining content creation, and offering predictive analytics. Furthermore, AI can automate many nuances of video production like editing, and script writing which can cut the overall production time and costs to a great extent. AI can create final videos and generate new ideas giving more room for other tasks. AI-driven analytics tools can suggest changes to titles, and keywords, and predict the desired outcomes of video marketing strategies.
Report Coverage | Details |
Market Size by 2034 | USD 156.57 Billion |
Market Size in 2023 | USD 5.62 Billion |
Market Size in 2024 | USD 7.60 Billion |
Market Growth Rate from 2024 to 2034 | CAGR of 35.32% |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2034 |
Segments Covered | Device, Users, Offering Type, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
The rise of video and social media platforms
The increasing use of social media platforms by businesses to engage with their consumers and establish their brands can drive the growth of the Artificial Intelligence (AI) video market. Additionally, AI-powered tools can process large amounts of data to draw key insights into customer preferences, which helps companies create content that is specific to their needs and interests.
High subscription charges
The subscription charges for utilizing the Artificial Intelligence (AI) video market applications and tools are quite high, which can be a significant constraining factor in market growth. Moreover, sometimes, this software is unable to analyze and detect entered data in text form. These technical anomalies can affect market growth negatively.
Educational organizations and IT companies adopting AI
The Artificial Intelligence (AI) video market tools emphasize more on offering high-quality and cost-effective services to fulfill consumer demand. Furthermore, Educational institutes are using Artificial Intelligence (AI) video generator tools for efficient teaching.IT & telecommunication market players are utilizing Artificial Intelligence (AI) video generator tools for converting textual data into video forms.
The cloud-based platforms segment dominated the Artificial Intelligence (AI) video market in 2023. The growth of the segment can be attributed to the rapid adoption of Cloud-based platforms in the market because of their cost efficiency, scalability, and advanced AI services. Additionally, this platform enables organizations to handle large volumes of video processing data without investing heavily. They provide integrated AI tools for tasks like content analysis, automated editing, and simplified collaboration teams.
The mobile devices segment is expected to grow at a significant rate in the Artificial Intelligence (AI) video market over the forecast period. This is due to growing advancements in processing power technology. Also, AI-driven applications can improve image recognition and enable real-time video editing on these devices. As technology continues to evolve, the segment is projected to contribute to market growth.
The B2B (enterprise) segment led the global Artificial Intelligence (AI) video market in 2023. The growth of the segment can be linked to the rising need for automation solutions and advanced video analytics to improve operational efficiency. Enterprises use Artificial Intelligence (AI) video technologies for functions like quality control, surveillance, and customer engagement, for which high precision and scalability are important.
The B2C (individual) segment is expected to grow at a rapid rate in the Artificial Intelligence (AI) video market during the projected period. This is due to the growing affordability and availability of AI-powered video apps and tools by end users. Furthermore, end users are using AI-driven video applications on a larger scale for activities to improve photo and video editing. This democratization of AI tools to expand their popularity and reach among users can propel segment growth soon.
The video analysis AI segment led the global Artificial Intelligence (AI) video market in 2023. The growing utilization of computer vision and machine learning algorithms is expected to drive segment growth shortly. This technology is important for applications such as security, surveillance, and customer behavior analysis, where real-time analysis and processing are required.
The creative Artificial Intelligence (AI) video generators segment will show significant growth in the Artificial Intelligence (AI) video market over the studied period. This is because Creative Artificial Intelligence (AI) videos are witnessing strong growth in the market due to their capability to streamline content creation and impel innovation. Also, as AI algorithms improve, they can contribute to market expansion in the upcoming future.
Most popular social media platforms 2023 statistics
Social network | Monthly active users worldwide (in millions) |
3,030 | |
YouTube | 2,491 |
2,000 | |
2,000 | |
1,327 | |
TikTok | 1,218 |
FB Messenger | 1,036 |
Segments Covered in the Report
By Device
By Users
By Offering Type
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Artificial Intelligence (AI) Video Market
5.1. COVID-19 Landscape: Artificial Intelligence (AI) Video Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Artificial Intelligence (AI) Video Market, By Device
8.1. Artificial Intelligence (AI) Video Market, by Device, 2024-2034
8.1.1 Desktop Computers
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Mobile Devices
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Cloud-Based Platforms
8.1.3.1. Market Revenue and Forecast (2021-2034)
Chapter 9. Global Artificial Intelligence (AI) Video Market, By Users
9.1. Artificial Intelligence (AI) Video Market, by Users, 2024-2034
9.1.1. B2B (Enterprise)
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. B2C (Individuals)
9.1.2.1. Market Revenue and Forecast (2021-2034)
Chapter 10. Global Artificial Intelligence (AI) Video Market, By Offering Type
10.1. Artificial Intelligence (AI) Video Market, by Offering Type, 2024-2034
10.1.1. Creative Artificial Intelligence (AI) Video Generators
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Video Enhancement AI
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Video Editing AI
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Video Analysis AI
10.1.4.1. Market Revenue and Forecast (2021-2034)
Chapter 11. Global Artificial Intelligence (AI) Video Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Device (2021-2034)
11.1.2. Market Revenue and Forecast, by Users (2021-2034)
11.1.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Device (2021-2034)
11.1.4.2. Market Revenue and Forecast, by Users (2021-2034)
11.1.4.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Device (2021-2034)
11.1.5.2. Market Revenue and Forecast, by Users (2021-2034)
11.1.5.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Device (2021-2034)
11.2.2. Market Revenue and Forecast, by Users (2021-2034)
11.2.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Device (2021-2034)
11.2.4.2. Market Revenue and Forecast, by Users (2021-2034)
11.2.4.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Device (2021-2034)
11.2.5.2. Market Revenue and Forecast, by Users (2021-2034)
11.2.5.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Device (2021-2034)
11.2.6.2. Market Revenue and Forecast, by Users (2021-2034)
11.2.6.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Device (2021-2034)
11.2.7.2. Market Revenue and Forecast, by Users (2021-2034)
11.2.7.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Device (2021-2034)
11.3.2. Market Revenue and Forecast, by Users (2021-2034)
11.3.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Device (2021-2034)
11.3.4.2. Market Revenue and Forecast, by Users (2021-2034)
11.3.4.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Device (2021-2034)
11.3.5.2. Market Revenue and Forecast, by Users (2021-2034)
11.3.5.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Device (2021-2034)
11.3.6.2. Market Revenue and Forecast, by Users (2021-2034)
11.3.6.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Device (2021-2034)
11.3.7.2. Market Revenue and Forecast, by Users (2021-2034)
11.3.7.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Device (2021-2034)
11.4.2. Market Revenue and Forecast, by Users (2021-2034)
11.4.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Device (2021-2034)
11.4.4.2. Market Revenue and Forecast, by Users (2021-2034)
11.4.4.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Device (2021-2034)
11.4.5.2. Market Revenue and Forecast, by Users (2021-2034)
11.4.5.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Device (2021-2034)
11.4.6.2. Market Revenue and Forecast, by Users (2021-2034)
11.4.6.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Device (2021-2034)
11.4.7.2. Market Revenue and Forecast, by Users (2021-2034)
11.4.7.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Device (2021-2034)
11.5.2. Market Revenue and Forecast, by Users (2021-2034)
11.5.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Device (2021-2034)
11.5.4.2. Market Revenue and Forecast, by Users (2021-2034)
11.5.4.3. Market Revenue and Forecast, by Offering Type (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Device (2021-2034)
11.5.5.2. Market Revenue and Forecast, by Users (2021-2034)
11.5.5.3. Market Revenue and Forecast, by Offering Type (2021-2034)
Chapter 12. Company Profiles
12.1. Adobe
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Designs.ai
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Google LLC
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. International Business Machines Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Lumen5
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Microsoft
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Midjourney
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Muse.ai
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. NVIDIA Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. OpenAI
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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