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AI Video Generator/Editor Market to Reach $9.3 Billion, Globally, by 2033 at 30.7% CAGR: Allied Market Research

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Surge in demand for video content and rise in adoption of AI technology in video editing software is expected to drive the global artificial intelligence (AI) video generator/editor market growth.
NEW CASTLE, Del., Sept. 2, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “AI Video Generator/Editor Market by Component (Software and Services), Deployment (On-Premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Platform (Desktop and Mobile), Source (Text to Video, PowerPoint to Video, and Spreed sheet to Video), and Application (Marketing, Education, E-commerce Marketing, Social Media, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033”. According to the report, the “Ai Video Generator/Editor Market” was valued at $0.6 billion in 2023, and is estimated to reach $9.3 billion by 2033, growing at a CAGR of 30.70% from 2024 to 2033. 

Prime Determinants of Growth
Surge in demand for video content and rise in adoption of AI technology in video editing software are the factors expected to propel the growth of the global artificial intelligence (AI) video generator/editor market. However, the high implementation cost of AI in video generator/editor is anticipated to hamper the growth of global market. On the contrary, advancements in AI technology are further likely to create lucrative opportunities for the growth of the global market.
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Report Coverage & Details:
 
Report Coverage
Details
Forecast Period
2024–2033
Base Year
2023
Market Size in 2023
$0.6 Billion
Market Size in 2033
$9.3 Billion
CAGR
30.70 %
Segments covered
Component, Deployment, Enterprise Size, Platform, Source, Application, and Region
Drivers
Surge in demand for video content
Rise in adoption of AI technology in video editing software
Opportunity
Advancements in AI technology
Restraint
High implementation cost of AI in video generator/editor
 
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Segment Highlights –
The software segment held the highest market share in 2023
By component, the software segment held the highest market share in 2023, accounting for more than three-fourths of the artificial intelligence (AI) video generator/editor market revenue and is estimated to maintain its leadership status during the forecast period. This is attributed to continuous innovation in AI-driven editing tools, user-friendly interfaces, and increased adoption of automated video generation software across diverse industries for efficient content creation, which propel the overall market growth. However, the in-services segment is expected to attain the largest CAGR of 33.4% from 2023 to 2033 and is projected to maintain its lead position during the forecast period, owing to increasing demand for AI-powered video editing solutions, personalized customer support, managed services, and the growing need for specialized expertise in implementing advanced AI technologies, which is drives the segment growth in the artificial intelligence (AI) video generator/editor market.
The on-premise segment held the highest market share in 2023
By deployment, the on-premise segment accounted for the largest share in 2023, contributing for more than half of the artificial intelligence (AI) video generator/editor market revenue. This is attributed to its enhanced data security, customization capabilities, and preference among enterprises for full control over video production infrastructure, which is further expected to propel the overall market growth. However, the cloud segment is expected to attain the largest CAGR of 32.8% from 2023 to 2033 and is projected to maintain its lead position during the forecast period, owing to its scalability, lower operational costs, seamless remote access, and growing adoption of cloud-based AI video editing solutions by businesses for flexible workflows. Thereby, driving the growth of this segment in the global artificial intelligence (AI) video generator/editor market.
The large enterprises segment held the highest market share in 2023
By enterprise size, the large enterprises segment accounted for the largest share in 2023, owing to their substantial investment capacity, need for advanced AI-driven video solutions, and demand for scalable, high-performance tools to handle complex video production and large-scale content creation, which propels overall market growth. However, the small medium size enterprises segment is expected to attain the largest CAGR of 33.1% from 2023 to 2033 and is projected to maintain its lead position during the forecast period, owing to increasing affordability of AI video tools, ease of use, and growing demand for efficient content creation solutions among smaller businesses. Thereby, driving the growth of this segment in the global artificial intelligence (AI) video generator/editor market.
The desktop segment held the highest market share in 2023
By platform, the desktop segment accounted for the largest share in 2023, contributing for more than two-thirds of the artificial intelligence (AI) video generator/editor market revenue. This is attributed to its superior processing power, advanced video generating/editing features, and preference among professionals for high-quality and complex video production tasks, which is further expected to propel the overall market growth. However, the mobile segment is expected to attain the largest CAGR of 34.3% from 2023 to 2033 and is projected to maintain its lead position during the forecast period, owing to the increasing adoption of smartphones, enhanced mobile processing capabilities, and the growing demand for on-the-go video editing solutions among users and content creators. Thereby, driving the growth of this segment in the global artificial intelligence (AI) video generator/editor market.
The text to video segment held the highest market share in 2023
By source, the text to video segment accounted for the largest share in 2023, contributing for more than three-fourths of the artificial intelligence (AI) video generator/editor market revenue. This is attributed to its ability to rapidly convert text content into engaging video formats, enhancing content creation efficiency and accessibility for various applications, which is further expected to propel the overall market growth. However, the PowerPoint to video segment is expected to attain the largest CAGR of 33.9% from 2023 to 2033 and is projected to maintain its lead position during the forecast period, owing to the increasing need for converting static presentations into dynamic videos, enhancing audience engagement, and streamlining content creation for business and educational purposes. Thereby, driving the growth of this segment in the global artificial intelligence (AI) video generator/editor market.
The marketing segment held the highest market share in 2023
By application, the marketing segment accounted for the largest share in 2023, contributing for more than one-third of the artificial intelligence (AI) video generator/editor market revenue. This is attributed to the high demand for engaging video content in digital marketing, advertising campaigns, and social media strategies to boost brand visibility and customer engagement, which is further expected to propel the overall market growth. However, the social media segment is expected to attain the largest CAGR of 33.3% from 2023 to 2033 and is projected to maintain its lead position during the forecast period, owing to the growing emphasis on video content for social media engagement, the need for frequent and dynamic content updates, and the rise of video-centric platforms such as YouTube and Instagram. Thereby, driving the growth of this segment in the global artificial intelligence (AI) video generator/editor market.
North America region held the highest market share in 2023
By region, the North America segment held the highest market share in terms of revenue in 2023, owing to o its advanced technological infrastructure, high adoption rate of AI-driven video solutions, substantial investments in digital marketing, and a strong presence of major tech companies driving innovation in the video generator/editor market. However, the Asia-Pacific segment is projected to attain the highest CAGR of 34.4% from 2023 to 2033, owing the increasing adoption of AI-powered video creation tools, the rise of content creation platforms, and the growing demand for personalized video content in the region.
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Leading Market Players: –
Synthesia Limited.Lumen5GliaStudioMuse.aiRAWSHORTS, INC.Pictory.aiDESIGNS.AIADOBE INC.Wondershare Technology Group Co., Ltd.InVideoVeed LimitedKineMaster CorporationDescriptVimeo.com, Inc.PearlMountainTechSmith CorporationHeyGen Technology Inc.CapCutThe report provides a detailed analysis of these key players in the artificial intelligence (AI) video generator/editor market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different countries. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 
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Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa 1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.Int’l: +1-503-894-6022Toll Free: +1-800-792-5285UK: +44-845-528-1300India (Pune): +91-20-66346060Fax: [email protected] 
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NordVPN: Website categories employers don’t want you to visit

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September 18, 2024

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Cybersecurity experts say that blocking certain websites lowers the risk of cyberattacks and removes distractions
LONDON, Sept. 18, 2024 /PRNewswire/ — According to data collected by a network security NordLayer, developed by the leading cybersecurity company NordVPN, a significant portion of employers (72%) block malicious and adult websites. Malicious websites can pose severe security threats by spreading malware, while adult websites are often restricted due to concerns over inappropriate content and productivity loss. Gambling sites are blocked by 43% of employers, likely due to concerns over addiction and productivity loss.

“In today’s threat landscape, where cyberattacks are becoming increasingly sophisticated, DNS filtering plays a pivotal role in safeguarding sensitive data, maintaining regulatory compliance, and preserving the integrity of organizational networks,” says Ugne Mikalajunaite, Country Manager Taiwan at NordVPN.
Employers seek to maintain a professional work environment
Besides just blocking adult websites, many managers take a step further to maintain a professional work environment. For example, 30% block dating sites, 28% do not allow access to sex education websites, and about 12% of employers even block lingerie sites.
Information or sales related to drugs websites are blocked by 37% of IT managers. Interestingly, 21% of employers block VPN websites, likely to prevent employees from circumventing network restrictions and accessing blocked content, which could pose security risks or productivity concerns.
Employer restriction priorities in different regions 
In Europe, businesses exhibit the greatest inclination to block adult content websites, with 67% of employers imposing such restrictions.
North America prioritizes mitigating security risks by having the highest percentage (70%) of employers blocking access to malware websites. Asia stands out with a distinct emphasis on curbing access to illegal or unethical content, as evidenced by 73% of employers restricting websites within this category.
Intriguingly, Asian businesses demonstrate a stricter approach towards gambling and gaming websites compared to their European and North American counterparts. While 64% of Asian employers block gambling sites, the figures stand at 37% and 38% for Europe and North America, respectively. Similarly, 36% of Asian organizations restrict access to gaming websites, contrasting with considerably lower rates of 9% in Europe and 20% in North America.
Another noteworthy regional disparity lies in the treatment of dating websites. European and North American employers exhibit relatively comparable stances, with 25% and 28% blocking this category, respectively. However, Asian businesses adopt a more restrictive policy, with 45% of employers denying access to dating sites.

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Apt.Residential Selects Yardi’s Technology to Support BTR Projects

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September 18, 2024

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Australian property developer and operator to utilise innovative cloud platform for construction and investment accounting
SYDNEY, Sept. 18, 2024 /PRNewswire/ — Apt.Residential, an owner, developer and operator of residential properties in Australia, has chosen Yardi’s single connected platform to support growth, connect teams and manage capex projects and build.

With Yardi®, Apt.Residential can manage its funds and simplify complex financial processes, mitigate risk and deliver real-time insights into projects. The platform provides more visibility from investor to asset and delivers enhanced and accurate reporting. The company can access live data for costing, expenses, and revenue on all projects, from ground-up development to single-unit improvements and will allow Apt.Residential to grow the volume of units within BTR once they have operational units.
“We wanted to find the best platform for BTR that would support growth, streamline management of capex projects and handle our complex accounting,” said Michael Hogg, co-founder & head of operations for Apt.Residential. “Yardi’s single integrated platform was the best solution as it ensures our team can connect on one system and not worry about integrations or using multiple platforms.”
“We’re excited to work with Apt.Residential and support its growth as the company expands its BTR projects,” said Neal Gemassmer, vice president and general manager for Yardi. “Our connected platform will help Apt.Residential enhance communication and set them up so they’re ready to operate once development has completed.”
See how Yardi’s end-to-end technology can help drive your digitalisation strategies.
About Apt.ResidentialApt.Residential is a leading vertically integrated owner, developer, and operator of residential properties in Australia backed by global institutional capital. The company develops residential communities where wellbeing and connectedness come first. Its human-centric approach allows Apt.Residential to shape places for people who crave comfort, community, and elevated living. For more information, please visit aptresidential.au.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.com.au.
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EQT to sell Open Systems, a Swiss leader in network and cyber security solutions, to Swiss Post

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September 18, 2024

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EQT Private Equity, together with its co-shareholders, to sell Open Systems to Swiss PostUnder EQT’s ownership, Open Systems transformed from a founder-led managed security services provider to a leading integrated network and cyber security companySince EQT’s acquisition in 2017, Open Systems has almost doubled its revenues and more than tripled its EBITDA, while significantly expanding its product offering to support customers on their network transformation and cybersecurity journeySTOCKHOLM, Sept. 18, 2024 /PRNewswire/ — EQT is pleased to announce that the EQT Mid Market Europe fund (“EQT”), together with its co-shareholders, have agreed to sell Open Systems (“Company”) to Swiss Post.

Headquartered in Zurich, Switzerland, Open Systems delivers network and cyber security capabilities in a single cloud-based platform known as Secure Access Service Edge (SASE). Open Systems’ innovative SASE Experience eliminates the complexity of secure global connectivity and network management, while providing seamless global 24×7 support. The Company plays a pivotal role in supporting customers globally in their network and cyber security transformation by offering a fully integrated, single-pane-of-glass cloud and software platform and supporting services.
EQT acquired a majority stake in Open Systems in 2017. During EQT’s ownership, the Company almost doubled its sales and more than tripled its EBITDA, while making substantial investments into its technology platform and transforming from a network-focused managed security services provider to a leading SASE player with extensive cyber security capabilities. Open Systems also built a Managed Extended Detection and Response (MXDR) division, which was carved out in 2023 and now operates as a standalone company under the brand Ontinue, which will be retained by EQT. Organic growth was complemented by three strategic add-on acquisitions, including Sqooba, a Swiss provider of data science, AI, cloud, and cyber services founded by the current Open Systems CEO Daniel Neuhaus.
As part of Swiss Post, Open Systems will continue its growth journey under the leadership of Daniel Neuhaus. With the acquisition, Swiss Post strengthens its role as provider of digital communication services by increasing its competences and know-how to support digitally connected businesses in Switzerland.
Daniel Neuhaus, CEO of Open Systems: “I would like to thank EQT for their support over the years and their hands-on involvement in our development. Swiss Post’s investment is a validation of our long-term strategy to become a leading SASE software provider with the best customer experience. With Swiss Post, we have found a sustainable partner in Switzerland who shares our values and will support us in continuously delivering best-in-class technology and services to our customers while continuing to drive innovation.”
Philipp Woerner, Director within EQT Private Equity’s Advisory Team: “We have been continuously impressed by Open Systems’ track record of technological innovation in the network and cyber security space. Thanks to the dedication and commitment of the management team led by Daniel, Open Systems delivers attractive technology and services from Switzerland to its customers globally. We could not have imagined a better future home for Open Systems than Swiss Post to support continuing the strong development.”
Nicole Burth, CEO of Swiss Post Communication Services, said: “Open Systems strongly complements our existing offerings in the area of cybersecurity. The Company is an excellent cultural fit and supports our strategy to bring cybersecurity to our Swiss customers. This makes the network and communication of businesses more efficient and secures it with the unique cloud security solutions Open Systems provides.”
The completion of this transaction is pending customary regulatory approvals and is anticipated to take place in Q4 2024.
ContactEQT Press Office, [email protected]
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