The deepfake ai global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Deepfake AI Market, 2024The deepfake ai global market report 2024
Market Size – The deepfake AI market size has grown exponentially in recent years. It will grow from $0.65 billion in 2023 to $0.82 billion in 2024 at a compound annual growth rate (CAGR) of 25.9%. The growth in the historic period can be attributed to the influence on consumer electronics, expansion of digital content creation, growth in virtual reality (VR) and augmented reality (AR), rising demand for entertainment and media content, and increasing accessibility of data and computing power.
The deepfake AI market size is expected to see exponential growth in the next few years. It will grow to $2.06 billion in 2028 at a compound annual growth rate (CAGR) of 26.0%. The growth in the forecast period can be attributed to the impact on advertising effectiveness, applications in sports analytics, demand for realistic virtual assistants, demand for synthetic data generation, and applications in cybersecurity and fraud detection. Major trends in the forecast period include advancements in computational photography, integration with smart city initiatives, personalized gaming experiences, technological convergence with other AI technologies, and advancements in voice cloning.
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Scope Of Deepfake AI MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Deepfake AI Market Overview
Market Drivers -The increase in manipulated media has significantly contributed to the growth of deepfake AI technologies. Manipulated content, including digitally altered images and videos, is on the rise due to advancements in AI and machine learning, alongside the widespread use of social media. As per a report by NATO’s Strategic Communications Centre of Excellence, inauthentic activity on Instagram remained at 96% in 2021 and 100% in 2022, while on TikTok, it surged from 85% to 97%. This rise in manipulated content is fueling the deepfake AI market’s expansion, as such technologies become more pervasive.
Market Trends – Major companies operating in the deepfake AI market are focusing on developing advanced solutions, such as real-time analysis, to gain a competitive edge in the market. Real-time analysis refers to the process of examining data and providing insights or responses almost instantaneously as the data is generated or received. For instance, in March 2024, BioID GmbH, a Germany-based face detection company that offers proprietary liveness detection and facial recognition, launched a new version of its deepfake detection software to secure biometric authentication and digital identity verification against manipulated images and videos. The software prevents identity spoofing by detecting deepfakes and content generated or manipulated by AI, with real-time analysis and feedback on both photos and videos.
The deepfake ai market covered in this report is segmented –
1) By Type: Voice Deepfake, Image Deepfake, Video Deepfake
2) By Offering: Software, Service
3) By Technology: Generative Adversarial Networks (GANs), Auto Encoders, Recurrent Neural Networks (RNNs), Transformative Models, Natural Language Processing (NLP), Other Technologies
4) By End User: Banking, Financial Services And Insurance (BFSI), Telecommunications, Government, Healthcare, Legal, Media And Entertainment, Retail And Ecommerce, Other End Users
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Regional Insights – North America was the largest region in the deepfake AI market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deepfake ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies in the market are Google LLC, Microsoft Corporation, Amazon Web Services Inc, Intel Corporation, Kairos Technologies, Veritone Inc, Cogito Tech, MyHeritage, Pindrop Security, iProov, D-ID, Gradiant, Paravision, Validsoft, Truepic, HyperVerge, BioID GmbH, DuckDuckGoose AI, Idenfy, Deepware Scanner, Sensity AI, Quantum Integrity
Table of Contents
1. Executive Summary
2. Deepfake AI Market Report Structure
3. Deepfake AI Market Trends And Strategies
4. Deepfake AI Market – Macro Economic Scenario
5. Deepfake AI Market Size And Growth
…..
27. Deepfake AI Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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