PUBLISHER: DataM Intelligence | PRODUCT CODE: 1696232
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1696232
Global AI-powered content creation tools market reached US$2.14 billion in 2024 and is expected to reach US$7.81 billion by 2032, growing with a CAGR of 17.58% during the forecast period 2025-2032.
The market for AI-powered content creation is expected to expand rapidly as the number of social media users grows. Social media platforms are online services or websites that allow users to create and share information, connect socially and communicate with one another. AI-driven content production improves the social media experience for both creators and consumers by providing more personalized, interesting and relevant material, resulting in greater usage and user engagement on these platforms. For example, We Are Social Ltd, a UK-based media organization, stated that social media usage increased to 1.5% in January 2024, up from 0.9% in January 2023. As a result, the increasing usage of social media is driving the expansion of the AI-powered content industry.
Dynamic
Growing Demand for Personalized Content
Artificial intelligence is rapidly being used by brands and enterprises to develop tailored marketing campaigns and hyper-targeted content. AI-powered systems analyze user behavior, preferences and engagement metrics to create personalized content that increases conversion rates. Netflix, for example, employs AI-powered recommendation engines to tailor movie and TV show recommendations, thereby increasing viewer engagement. Similarly, Jasper AI and Copy.AI assist organizations in creating AI-generated marketing content tailored to certain audiences.
Ethical Concerns & Content Authenticity Issues
AI-generated content causes concerns about misrepresentation, deepfakes and copyright infringements. As AI automates content generation, there is a risk of producing biased, inaccurate or copied information, prompting regulatory attention. OpenAI's ChatGPT and Google Bard have been chastised for occasionally producing inaccurate or biased data. Similarly, AI-generated images and videos (deepfakes) pose threats to media and political communication, necessitating ethical considerations and tougher laws.
The global AI-powered content creation tools market is segmented based on offering, deployment type, content type, application and region.
Solutions in the global market are expected to drive the market.
In 2024, the solutions segment accounted for the largest percentage of global sales. The solution section includes software or platforms that key suppliers offer for AI video generation. For example, Synthesia is an AI video generation tool utilized in marketing and commercial initiatives by Reuters, Accenture, BBC and others. The pricing and implementation of the software is the largest expenses connected with the component category, resulting in a significant market share.
Rapid Technological Advancements in Asia-Pacific.
Asia-Pacific is expected to play a significant part in the global AI-powered content creation market. Tencent, Alibaba and Baidu in China, as well as Sony, Panasonic and SoftBank in Japan, make significant investments in AI research and development, resulting in advances in natural language processing, picture recognition and content-generating algorithms.
Asia-Pacific's large and diverse consumer market offers attractive potential for AI-powered content creation in a variety of industries, including entertainment, e-commerce, advertising and social media. Avtr Meta Labs' Naina, India's first AI-powered podcast broadcaster, began a podcast series in February 2024. The podcast includes in-depth interviews with celebrities. The interactive broadcast allows the global audience to participate by contributing questions and comments.
Sustainability and Green Content Type Analysis
As more firms and industries use AI-powered content creation, there is a greater emphasis on sustainability and ecologically responsible content generation. Green content initiatives seek to reduce digital carbon footprints, promote environmentally beneficial themes and ensure ethical AI content creation. AI content tools demand a substantial amount of computational power, which influences carbon emissions. Companies are investing in low-energy AI and carbon-neutral cloud computing. OpenAI, Google and Microsoft are working on energy-efficient AI training models that use renewable energy sources.
The major global players in the market include OpenAI, Google DeepMind, Adobe, Canva, Synthesia, Jasper AI, Murf AI, Copy.ai, Surfer SEO and Stability AI.
Target Audience 2024
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