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AI Video Generator Market Will Expand Around USD 2,172 Million by 2032 | Asia Pacific to Account for 32% Revenue Share

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New York, March 16, 2023 (GLOBE NEWSWIRE) — The global AI video generator market accounted for USD 415 million in 2022. It is predicted to reach a valuation of USD 2,172 million by 2032, growing at a CAGR of 18.5% between 2023 and 2032. AI video generator is a tool that allows users to create video from any written copy using artificial intelligence software. AI video generator saves time by editing videos, which is the main factor for the high demand for AI video generator tools in the market.

Global AI Video Generator Market

Get additional highlights on major revenue-generating segments, Request a Global AI Video Generator Market sample report at https://market.us/report/ai-video-generator-market/request-sample/

Key Takeaway:

  • By component, the solution segment generated the largest revenue share of 53% in 2022.
  • By enterprise size, the large enterprise segment generated the largest revenue share of 64% in 2022.
  • By source, the text/blog/article to video segment generated the largest revenue share of 36% in 2022.
  • By End-User, the marketing segment generated the largest revenue share of 28% in 2022.
  • In 2022, Asia Pacific dominated the market with the highest revenue share of 32%.
  • North America is expected to grow at a significant CAGR from 2023-2032.

For example, Synthesis AI is an AI video generator that allows users to create engaging video content with human-like avatars by simply typing any text. Also, it enables users to create videos from any written document, and due to this, this AI video generator is more prevalent among individuals.

Furthermore, AI video generator saves time by editing the video itself, which is the main factor for the high demand for AI video generator tools in the market.

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Factors affecting the growth of the AI video generator market

There are several factors that can affect the growth of the AI video generator market. Some of these factors include:

  • Technological advancements: With increasing digitalization, technological advancements such as the Internet of Things(IoT) and cloud services are driving the demand for AI video generator tools in the global market.
  • Increasing use in IT & Telecommunication Industries: AI video generator tools are useful for converting data from text form to video form, which is useful in employee training. Due to this, IT & Telecommunication industries are rapidly adopting these tools to save training costs and time, which is anticipated to impact market growth positively.
  • Growing demand in small & medium enterprises: Small & medium enterprises are adopting AI video generator tools to increase business and stay competitive in the market. Also, increasing globalization and technological advancements in AI video generator tools are driving the need for AI video generator tools in such enterprises.

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Top Trends in Global AI Video Generator Market

Companies in IT and telecom are adopting AI video generators for employee training. They can convert their text data into video forms. Organizations are also creating AI video generator tools focused on providing high-quality, cost-effective services that meet high consumer demand. AI video generators are being used by educational organizations for teaching effectiveness. These trends are boosting the growth in the AI video generator market.

Market Growth

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The increasing adoption of smartphones and technological advancements are the main driving factors for the growth of the global AI video generator market. The growth of the market is fueled by the increasing use of video content and the increasing demand for audio-video materials in various fields.

Over three billion people worldwide are spending more and more time watching video content, boosting the demand for AI video generators in the market. The increasing use of video content and demand for audio-video materials in various fields propels the market’s growth.

Regional Analysis

The AI video generator market was dominated by Asia Pacific, which acquired the most significant revenue share of 32% in 2022. The growth of the region is attributed to the high use of AI tools in China and Singapore.

China is the world’s leader in AI video generator tools. The internet is used by approximately 750 million people in China, creating a large amount of digital data. The market is also being driven by the rise of 5G services in emerging countries like India, Japan, and Singapore. Market growth is being fueled by the presence of key players like Cinnamon AI and Kellton Tech in the Asia Pacific region.

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North America will experience the fastest growth rate due to technological advances in the region. The market’s growth is also expected to be driven by the increasing adoption of AI tools in the US, UK, and other countries. Private investments were made by tech companies in the United Kingdom in AI technology.

Competitive Landscape

Companies are adopting marketing strategies such as merging and acquisition to stay competitive in the market. Several key companies in the AI video generator market are focusing on technological advancements in AI tools for providing better services.

Several major key players in the AI video generator market are Synthesia LLC., Lumen5 Technologies Ltd, Rephrase Corp, Synths.video, Muse.ai, Raw Shorts, Inc., Pronto, Designs Ai, Microsoft Corporation, Google LLC, IBM Corporation, Meta Platforms, Inc., etc.

Scope of the Report

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Report Attribute Details
Market Value (2022) USD 415 million
Market Size (2032) USD 2,172 million
CAGR (from 2023 to 2032) 18.5%
Asia Pacific Revenue Share 32%
Historic Period 2016 to 2022
Base Year 2022
Forecast Year 2023 to 2032

Market Drivers

Technological advances such as the internet of things (IoT), and cloud-based AI video generator tools are driving the adoption of these tools within educational institutions and e-commerce sectors. The market for AI video generation is also being driven by the increased use of comedy memes, comedy gifs, and messaging apps.

The increasing use of visuals in marketing companies to fulfill consumer demand is also driving the need for AI video generator tools. Also, written paper copies, articles, and blogs are not easy to handle. Therefore, various companies are translating their data from text forms to video forms to overcome issues regarding written content. Also, the growing number of viewers of educational videos, tutorials, and sports clips is propelling market development.

Market Restraints

The subscription charges for using AI video generator tools are very high, which is a primary restraining factor for the AI video generator market. Also, sometimes AI software cannot detect entered data in text form, which negatively impacts market growth.

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Market Opportunities

Consumers are increasingly shifting to video content due to digitization. They are easier to understand and more accessible. Market leaders are expected to focus on standard video content in order to provide accurate and detailed product information.

Due to growing demand from marketing and educational institutions, the market for AI video generators is booming. Profitable growth opportunities are expected to be created by the rapid adoption of smartphones as well as the introduction of the internet of things (IoT).

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Report Segmentation of the AI Video Generation Market

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Component Insight

The market’s largest market share was based on components. This market will continue to be dominated by the solution segment during the forecast period. The AI video generator market is focused on providing quick and accurate solutions for consumers as well as technical capabilities that solve more problems with AI video generator tools. This is the main growth driver of this market.

AI video generator solutions give companies unique opportunities in the market and help them gain a strategic advantage. Due to a greater focus on improving the services provided to AI video generator users, the Services segment will grow at the fastest rate of CAGR over the forecast period. The services market is the link between consumers and companies. This helps to increase the company’s business and provides better services for users.

Enterprise Size Insight

On the basis of enterprise size, the large enterprise segment was dominant in the market, with the largest market share in 2022. Due to increasing consumer demand and increasing globalization, large enterprises are adopting AI video generator tools to meet high consumer demand. AI video generator tools help simplify monotonous tasks and reduce the time required to complete tasks in large enterprises.

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Source Insight

On the basis of source, the text/blog/article to video segment was dominant in the market, with the largest market revenue share in 2022. The increasing need for video-based content in the media & entertainment industry propels the segment’s growth. In addition, consumers prefer video content because video contents are easy to adopt and understand as compared to texts, blogs, or articles.

End-User Insight

On the basis of end-user, the marketing segment was dominant in the market, with the largest market revenue share in 2022. Demand for AI video generators in the marketing industry is high due to the increasing focus of marketing companies on video-based content. In addition, companies such as Facebook and Apple are using Adobe AI video-generating tools to advertise their products effectively.

For more insights on the historical and Forecast market data from 2016 to 2032 – download a sample report at https://market.us/report/ai-video-generator-market/request-sample/

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Market Segmentation

By Component

  • Solutions
  • Services

By Enterprise Size

  • Small & Medium Enterprises
  • Large enterprises

By Source

  • Text/Blog/Article to Video
  • PowerPoint to Video
  • Spreadsheet to Video

By End-User

  • Marketing
  • E-Commerce
  • Educational Institutions
  • IT & Telecommunication
  • Healthcare
  • Other End-User

By Geography

  • North America
    • The US
    • Canada
    • Mexico
  • Western Europe
    • Germany
    • France
    • The UK
    • Spain
    • Italy
    • Portugal
    • Ireland
    • Austria
    • Switzerland
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • The Czech Republic
    • Greece
    • Rest of Eastern Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Australia & New Zealand
    • Indonesia
    • Malaysia
    • Philippines
    • Singapore
    • Thailand
    • Vietnam
    • Rest of APAC
  • Latin America
    • Brazil
    • Colombia
    • Chile
    • Argentina
    • Costa Rica
    • Rest of Latin America
  • Middle East & Africa
    • Algeria
    • Egypt
    • Israel
    • Kuwait
    • Nigeria
    • Saudi Arabia
    • South Africa
    • Turkey
    • United Arab Emirates
    • Rest of MEA

Key Market Players

  • Synthesia LLC.
  • Lumen5 Technologies Ltd
  • Rephrase Corp
  • Raw Shorts, Inc.
  • Pronto
  • Designs Ai
  • Microsoft Corporation
  • Google LLC
  • IBM Corporation
  • Meta Platforms, Inc.
  • Other Key Players

Recent Development of the AI Video Generator Market

  • On 29 September 2022, Meta announced Make-A-Video, an AI-powered video generator that can create novel video content from text.
  • In January 2022, Microsoft announced the acquisition of American video game developer and holding company Activision Blizzard.

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Artificial Intelligence

Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”

Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
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How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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About MarketsandMarkets™
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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