Breakthrough technology that automates video creation from text input

AI Video & Visuals


press release

Published May 3, 2023

According to a study launched by Evolve Business Intelligence, the global text-to-video AI market size will account for USD 4.01 billion in 2022, growing at a CAGR of 38.47% from 2023 to 2033. Artificial intelligence and natural language processing techniques for automatically generating videos from text input. The technology uses algorithms to analyze and understand the meaning and context of text to produce a video that reflects the content of the text. Text-to-Video AI can be used in a variety of contexts such as marketing, education, and entertainment to help automate the video creation process and save time and resources. It is a rapidly growing field with many companies developing text-to-video AI solutions.

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Key highlights:

  • The global text-to-video AI market size will be valued at USD 1 billion in 2022, growing at a CAGR of 38.47% from 2023 to 2033.
  • North America will dominate the market in 2022
  • Asia-Pacific is expected to grow fastest at the highest CAGR from 2023 to 2033

Evolve Business Intelligence is a global text-to-video marketplace focused on various aspects such as market size and forecast, market dynamics, competitor market share analysis, market size in terms of value and volume, and SWOT analysis. We have published a new market research report on the AI ​​market. , product benchmarks, recent developments of key players, opportunities and more. The market is analyzed on the basis of four indicators in the dynamic chapter of the market, which includes drivers, constraints, key trends, and challenges. The overall summation of these sections will help you understand the best strategies you should employ to thrive in this industry in the short and long term. It was included and provided additional insight into what readers can do to embrace new opportunities and plan against threats that may impede the market.

Regarding the impact of COVID-19, the Text-to-Video AI Market report also includes the following data points:

  • Impact of COVID-19 on text-to-video AI market size
  • End user/industry/application trends and preferences
  • Government policy/regulatory framework
  • Strategies of Key Players to Address Negative Impacts/Post-Corona Strategies
  • Text-to-Video AIMarket Opportunity

Buy the latest edition of the report now at a discounted price: https://report.evolvebi.com/index.php/sample/request?referer=digitaljournal.com&reportCode=019013

main player

Major Text-to-Video AI players holding high market shares include Vimeo.com Inc, Meta Platforms Inc, De-Identification Ltd, Google LLC (Alphabet, Inc.), and Synthesia Limited . These players use partnerships and collaborations to: A key strategy for gaining significant market share to compete with market leaders.

The key players profiled in the report are:

  • Com Co., Ltd.
  • Meta Platforms Inc.
  • Anonymization Co., Ltd.
  • Google LLC (Alphabet, Inc.)
  • Sinceresia Limited
  • veed limited
  • Mobio
  • Yepic AI Limited
  • Animatron Inc. (Wave.video)
  • Ezoic Inc.

segment analysis

Market Segment by Component Focusing on Market Share, Consumption Trends and Growth Rate of Text to Video AI Market:

Market Segment by Deployment Type, Focusing on Market Share, Consumption Trends, and Growth Rate of Text to Video AI Market:

Market segment by organization size focused on market share, consumption trends, and growth rate of the Text to Video AI market:

  • Large companies
  • Small and medium-sized enterprises

Market segment by end-users focused on the market share, consumption trends and growth rate of the Text to Video AI market:

  • marketing person
  • social media manager
  • Educators and course creators
  • content creator
  • corporate expert
  • others
parameter detail
Market size (2022) US$4.01 billion
CAGR (2023-2033) 38.47%
market segmentation Components, deployment type, organization size, end users
Target country United States, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East and Africa, and South America

Global geographic coverage of text-to-video AI:

  • North America
  • Europe
    • England
    • Germany
    • France
    • Italy
    • Spain
    • nordic countries
    • Benelux
    • rest of europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Egypt
    • South Africa
    • Rest of the MEA
  • latin america
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Reasons to buy this report:

  • In-depth analysis of the impact of market drivers, constraints and opportunities
  • Competitive intelligence provides ecosystem understanding
  • Detailed Analysis of the Total Addressable Market (TAM) of Products
  • Investment Pockets and New Business Opportunities
  • Supply and demand gap analysis
  • Strategy planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and advisory firm that provides innovative solutions to tough business problems. Our market research reports contain useful data for micro, small, and large enterprises. We offer a range of solutions from simple data collection to business advisory.

Evolve Business Intelligence builds on technology advancements to deliver highly accurate data through EvolveBI, our in-house AI-modeled data analysis and forecasting tool. This tool tracks real-time data such as quarterly performance, annual performance, and the latest developments of Fortune Global 2000 companies.

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This press release is written with the purpose of providing accurate market information to enable readers to make well-informed strategic investment decisions. If you have any problems with this content, feel free to contact us. [email protected]

Gerald

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