South Korea Ai Video Generator Market Size & Outlook
South Korea ai video generator market, 2017-2030 (US$M)
Related Markets
South Korea ai video generator market highlights
- The South Korea ai video generator market generated a revenue of USD 17.9 million in 2023 and is expected to reach USD 62.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 19.6% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Ai video generator market data book summary
| Market revenue in 2023 | USD 17.9 million |
| Market revenue in 2030 | USD 62.5 million |
| Growth rate | 19.6% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Synthesia, Lumen5, muse.ai, Adobe Inc, Synth, Raw Shorts, Pictory, FlexClip.com, Designs.ai, InVideo, Rephrase.ai |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.2% of the global ai video generator market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ai video generator market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 80.2 million by 2030.
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AI Video Generator Market Scope
AI Video Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea ai video generator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai video generator market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 62.57% in 2023. Horizon Databook has segmented the South Korea ai video generator market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The South Korean AI video generators market is witnessing strong growth due to growing demand for high-quality, efficient video content production within diverse industries such as marketing, entertainment, and education.
South Korean companies are increasingly embracing AI-based video generation solutions to make content production more efficient, enhance engagement, and lower costs.
The growth of online marketing has contributed largely to this trend, and businesses are making use of AI to produce personalized and dynamic social media videos, advertisements, and online promotions. In the entertainment industry, AI is applied to video editing, animation, and special effects so that content creation is accelerated, and creativity is maximized.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea ai video generator market , including forecasts for subscribers. This country databook contains high-level insights into South Korea ai video generator market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea ai video generator market size, by source, 2017-2030 (US$M)
South Korea AI Video Generator Market Outlook Share, 2023 & 2030 (US$M)
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