How Has the AI Powered Content Creation Market Size Evolved in Recent Years?
The ai powered content creation market has seen considerable growth due to a variety of factors.
• The market for AI-driven content generation has experienced a rapid expansion in the past few years. The market value is expected to increase from $2.9 billion in 2024 to $3.53 billion in 2025, reflecting a compound annual growth rate (CAGR) of 21.9%.
This substantial growth during the historical timeframe can be ascribed to factors such as the emergence of big data, the growing need for tailor-made content, saving of costs and time, escalating content volumes, and the capacities for cross-language and cross-cultural translation.
What are the Market Size and Expected Growth Rates for the AI Powered Content Creation Market Size Evolve over the Forecast Period?
The ai powered content creation market is expected to maintain its strong growth trajectory in upcoming years.
• Expect a significant expansion in the AI-powered content creation market over the coming years, with projections for it to escalate to $7.74 billion by 2029, growing at a compound annual growth rate (CAGR) of 21.6%.
This predicted growth during the forecast period can be linked to the adoption of marketing automation, the proliferation of multimodal content production, improvements in content customization, and optimization through AI. Key trends during this forecast period are poised to be the hyper-personalization through contextual comprehension, AI-generated visual content, AI-enhanced content distribution and amplification, management of user-generated content (UGC) through AI, and AI-powered gauge of content attribution and ROI.
What Are the Critical Driver Fuelling The AI Powered Content Creation Market's Growth?
The surge in social media users is anticipated to fuel the expansion of the AI powered content creation market. Online services or websites known as social media platforms facilitate the production and sharing of content, enable social interactions, and foster communication among individuals. The growing use of social media platforms can be attributed to technological progress, cultural impact, mobile connectivity, information and news consumption, and brand advertising. AI-powered content creation offers personalized, engaging, and pertinent content experiences for both social media users and creators, which boosts adoption and spurs more user interaction on social media. Citing We Are Social Ltd, a media company in the UK, social media usage in January 2024 witnessed a jump to 1.5% from 0.9% in January 2023. Consequently, the rising acceptance of social media continues to steer the growth of the AI powered content industry.
What Are The Key Segments Within The Global AI Powered Content Creation Market?
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
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How Are New Trends Impacting The Size Of The AI Powered Content Creation Market?
Leading entities in the AI-enhanced content creation sector are stepping up their game through innovations like Birdeye Social, a social platform powered by AI, aimed to revolutionize content production and engagement. Birdeye Social combines automated content production, personalization, and robust analytics to boost efficiency and suitability. For instance, in March 2024, Birdeye, a prominent US software and messaging platform, unveiled Birdeye Social, crafted specifically for multi-location brands with an AI edge. This disruptive platform uses generative AI to handle social media management for enterprises with multiple sites. It boasts of features such as multi-location publishing, bulk publishing, AI-crafted content, a post library, a visual calendar, approval processes, engagement monitoring, and detailed reporting. The BirdAI engine of the platform simplifies content production by offering AI-created posts, content support, tailored suggestions per industry, AI-produced images, and automated review sharing.
Who Are the Key Players In The AI Powered Content Creation Market?
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 Regional Insights Into 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.
