The artificial intelligence (ai) content creation tool global market report 2024 from 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.
Artificial Intelligence (AI) Content Creation Tool Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The artificial intelligence (AI) content creation tool market size has grown rapidly in recent years. It will grow from $0.79 billion in 2023 to $0.91 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to shift to remote work, growth in popularity of video content, cost efficiency, high content output demands, and adoption in the publishing industry.
The artificial intelligence (AI) content creation tool market size is expected to see rapid growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to growing influencer economy, increasing adoption in advertising, rising use in healthcare content creation, real-time content generation, and environmental sustainability efforts. Major trends in the forecast period include integration of AI content tools with CMS platforms, innovation in AI-generated art and design, leverage generative AI models, integrate voice recognition technologies, and advance in generating music scores.
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Scope Of Artificial Intelligence (AI) Content Creation Tool Market
The 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.
Artificial Intelligence (AI) Content Creation Tool Market Overview
Market Drivers –
The surge in the adoption of chatbots is expected to propel the growth of the artificial intelligence (AI) content creation tool market. Chatbots are software applications designed to simulate human conversation, commonly used in customer service, sales, and information retrieval to interact with users via text or voice interfaces. The growing use of chatbots is due to their ability to enhance customer engagement and streamline communication by delivering instant, personalized responses. AI content creation tools support chatbots by generating high-quality, relevant content, which improves the chatbots’ capability to engage users and provide accurate responses. For instance, in December 2022, according to the Acceleration Economy, a US-based online audio and video media, 80% of marketers are incorporating chatbots into their customer experience and engagement strategies. Therefore, the surge in the adoption of chatbots is driving the growth of the artificial intelligence (AI) content creation tool market.
Market Trends –
Major companies operating in the artificial intelligence (AI) content creation tool market are advancing AI technologies, such as generative AI solutions, to enhance content creation processes and improve efficiency. Generative AI solutions use machine learning algorithms to create new and original content, such as text, images, or videos, by learning patterns from existing data. For instance, in May 2024, Deloitte Digital, a US-based media company, launched CreativEdge. It is a production-ready Generative AI (GenAI) solution that empowers marketing teams with customized, on-brand content creation capabilities. This innovative tool aims to revolutionize the marketing landscape by streamlining workflows, enabling rapid conception, and building creative assets for omnichannel campaigns. It has an end-to-end web-based tool that simplifies content creation workflows for marketing and sales and generates consistent, cross-media campaigns, including digital display, email, social media, and video storyboards, with the push of a button. The tool produces text, images, and translations in over 20 languages
The artificial intelligence (AI) content creation tool market covered in this report is segmented –
1) By Content Format: Textual, Graphical, Video, Audio, Other Content Formats
2) By Technology: Machine Learning, Deep Learning
3) By Deployment Type: On-Premises, Cloud
4) By Function: Training, Inference
5) By End-User: Enterprises, Government Organizations, Cloud Service Provider
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Regional Insights –
North America was the largest region in the artificial intelligence (AI) content creation tool market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) content creation tool market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the artificial intelligence (AI) content creation tool market are OpenAI Inc., Hubspot Inc., Canva Inc., Grammarly Inc., VEED.IO, Jasper AI Inc., Synthesia, Murf AI, Anyword, Lumen5, Wordtune, Copy.ai, Writesonic, Rytr, Surfer SEO, Copysmith, Frase, Scalenut, Narrativa, QuillBot, Article Forge, Perplexity, Text Blaze, Peppertype.ai, MarketMuse
Table of Contents
1. Executive Summary
2. Artificial Intelligence (AI) Content Creation Tool Market Report Structure
3. Artificial Intelligence (AI) Content Creation Tool Market Trends And Strategies
4. Artificial Intelligence (AI) Content Creation Tool Market – Macro Economic Scenario
5. Artificial Intelligence (AI) Content Creation Tool Market Size And Growth
…..
27. Artificial Intelligence (AI) Content Creation Tool Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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