AI Powered Content Creation Industry Growth Expected to Reach $7.74 Billion by 2029 at a CAGR of 21.6% | Segmentation and Growth Opportunities
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What Is the Forecast for the AI Powered Content Creation Market Growth in 2025?
The market size of AI-powered content creation has seen a significant increase in the past few years. The predicted growth rate suggests it will rise from $2.9 billion in 2024 to $3.53 billion in 2025, with a compound annual growth rate (CAGR) of 21.9%. Factors contributing to this growth in the earlier phase can be associated with the emergence of big data, the need for customized content, saving costs and time, increasing content volumes, and the ability to adapt cross-lingual and cross-cultural aspects.
What Is the Forecast for the AI Powered Content Creation Market Size Through 2029?
In the coming years, a substantial surge is anticipated in the market size of AI-powered content creation, projected to reach $7.74 billion by 2029 at a CAGR of 21.6%. The period of growth forecast is caused by factors like its integration with marketing automation, the extension of multimodal content generation, refined content personalization, and AI-dependent content optimization. Some key trends during the forecast period encompass hyper-personalization via a contextual understanding, visuals created by AI, AI-directed content distribution alongside amplification, management of user-generated content powered by AI, as well as AI-based content attribution and return on investment measurement.
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What are the Key Market Players in AI Powered Content Creation Market and How They’re Evolving?
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
What Are the Primary Growth Drivers in the AI Powered Content Creation Market?
The AI-powered content creation market is expected to expand due to the rising number of social media users. Social media platforms, which allow users to create and share content, engage in social networking, and interact with others, are seeing increased adoption. This growth is attributed to factors such as technological progress, cultural impact, mobile access, information and news consumption, and brand advertising. AI-powered content creation enhances the social media experience for both users and creators by offering more personalized, compelling, and relevant content. This leads to elevated user engagement on these platforms and increases adoption rates. For example, We Are Social Ltd, a media company from the UK, reported a surge in social media usage to 1.5% in January 2024 from 0.9% in January 2023. Consequently, the rising adoption of social media is fueling the expansion of the AI-powered content market.
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What Are the Leading Segments in the Global AI Powered Content Creation Industry?
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)
Subsegments:
1) By Artificial Intelligence (AI) Writing: AI Writing Assistants, AI Content Generation Platforms, AI Copywriting Tools, AI-Based Script Writing
2) By Artificial Intelligence (AI) Soundtrack: AI Music Composition, AI Music Arrangement, AI Sound Design, AI-Generated Background Scores
3) By Artificial Intelligence (AI) Video Generation: AI Video Editing, AI Animation, AI Video Synthesis, AI-Driven Video Personalization
4) By Artificial Intelligence (AI) Speech Synthesis: Text-To-Speech (TTS), Neural Voice Synthesis, Speech Cloning, Voice Generation And Modulation
5) By Artificial Intelligence (AI) Painting: AI-Generated Digital Art, AI-Driven Visual Art Creation, AI-Assisted Painting Tools, AI Art Style Transfer
What Are the Key Market Trends in the AI Powered Content Creation Industry?
Leading firms in the AI-powered content creation market, such as Birdeye, are introducing advanced AI-powered social platforms like Birdeye Social to enhance content production and engagement. Birdeye Social improves content creation with its automated content generation, personalized suggestions, and in-depth analytics, thus boosting effectiveness and pertinence. In March 2024, Birdeye, a software and communication platform based in the US, launched a special AI-powered social platform for multi-location brands known as Birdeye Social. This revolutionary platform uses generative AI to manage social media for companies with several locations efficiently. It provides capabilities such as bulk and multi-location publishing, AI-created content, a content library, a visual calendar, workflows for approval, engagement monitoring and detailed reports. The BirdAI engine in the platform eases content creation by giving AI-created posts, help with content, post suggestions specific to different industries, AI-created visuals, and automated review sharing.
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What Is the Regional Outlook for the AI Powered Content Creation Market?
North America was the largest region in the AI powered content creation market in 2024. 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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This Report Delivers Insight On:
1. How big is the ai powered content creation market, and how is it changing globally?
2. Who are the major companies in the ai powered content creation market, and how are they performing?
3. What are the key opportunities and risks in the ai powered content creation market right now?
4. Which products or customer segments are growing the most in the ai powered content creation market?
5. What factors are helping or slowing down the growth of the ai powered content creation market?
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