Overview and Scope
AI-powered content creation refers to the process of generating written, visual, or audio content using artificial intelligence algorithms and tools. These technologies can automate tasks such as text generation, image synthesis, and voice synthesis to streamline content production processes and enhance creativity.
Sizing and Forecast
The AI powered content creation market size has grown exponentially in recent years. It will grow from $2.29 billion in 2023 to $2.90 billion in 2024 at a compound annual growth rate (CAGR) of 21.3%. The growth in the historic period can be attributed to the rise of big data, demand for personalized content, cost and time savings, growing content volumes, and cross-lingual and cross-cultural capabilities.
The AI powered content creation market size is expected to see exponential growth in the next few years. It will grow to $6.36 billion in 2028 at a compound annual growth rate (CAGR) of 21.7%. The growth in the forecast period can be attributed to integration with marketing automation, expansion of multimodal content generation, enhanced content personalization, and AI-powered content optimization. Major trends in the forecast period include Hyper-personalization through contextual understanding, AI-generated visual content, AI-powered content distribution and amplification, AI-enhanced user-generated content (UGC) management, and AI-driven content attribution and ROI measurement.
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Segmentation & Regional Insights
The AI powered content creation market covered in this report is segmented –
1) By Type: Artificial Intelligence (AI) Writing, Artificial Intelligence (AI) Soundtrack, Artificial Intelligence (AI) Video Generation, Artificial Intelligence (AI) Speech Synthesis, Artificial Intelligence (AI) Painting
2) By Deployment Type: Cloud-Based, On-Premise
3) By Application: Large Corporation, Small And Medium Enterprises (SMEs)
Top 5 Major Players:
- OpenAI Inc.,
- WordSmith Inc.,
- Pepper Content Inc.,
- CopyAl Inc.,
- Surfer Sp. z o.o
North America was the largest region in the AI powered content creation market in 2023. The regions covered in the AI powered content creation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing social media users is expected to propel the growth of the AI powered content creation market going forward. Social media platforms are online services or websites that allow users to produce and share content, participate in social networking activities, and communicate with others. The increase in adoption of social media platforms is due to technological advancements, cultural influence, mobile accessibility, information and news consumption, and brand promotion. AI-powered content creation empowers social media users and creators alike by delivering more personalized, engaging, and relevant content experiences, thereby increasing adoption and driving greater user engagement on social media platforms. For instance, in February 2022, according to reports published by Avacado Social, a UK-based social media firm, the projected total number of social media users increased by 424 million users in 2021, an increase of 10% compared to the previous year. Therefore, the increase in the adoption of social media is driving the growth of the AI powered content market.
Key Industry Players
Major companies operating in the AI powered content creation market are OpenAI Inc, WordSmith Inc., Pepper Content Inc., CopyAl Inc., Surfer Sp. z o.o., Synthetix AI Technologies LLC, Scalenut Innovations Inc., Copysmith Inc., Writesonic Solutions LLC, Article Forge Technologies Inc., Outranking AI Ltd., Al Writer Technologies Inc., Articoolo Innovations LLC, Jasper Technologies Inc., Narrator Solutions LLC, Rytr Systems Corporation, XO Cap Inc., Nico Engler IO, ContentGenius Inc., TextCortex, ContentBot Technologies Inc., LanguageAI Solutions LLC, CreativityAI Innovations Inc., TextMaster AI Corporation, ContentCrafters LLC, VerboseTech AI, ProseGenius Solutions Inc., Linguify AI Technologies, TextSynth Inc., ContextualAI Creations
The ai powered content creation market report table of contents includes:
1. Executive Summary
2. AI Powered Content Creation Market Characteristics
3. AI Powered Content Creation Market Trends And Strategies
4. AI Powered Content Creation Market – Macro Economic Scenario
5. Global AI Powered Content Creation Market Size and Growth
…..
32. Global AI Powered Content Creation Market Competitive Benchmarking
33. Global AI Powered Content Creation Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI Powered Content Creation Market
35. AI Powered Content Creation Market Future Outlook and Potential Analysis
36. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global AI Powered Content Creation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global AI Powered Content Creation Market, Segmentation By Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global AI Powered Content Creation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: OpenAI Inc Financial Performance
Table 75: WordSmith Inc. Financial Performance
Table 76: Pepper Content Inc. Financial Performance
Table 77: CopyAl Inc. Financial Performance
Table 78: Surfer Sp. z o.o. Financial Performance
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