Market revenue in 2023 | USD 11.4 million |
Market revenue in 2030 | USD 39.2 million |
Growth rate | 19.3% (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 |
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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 65.79% in 2023. Horizon Databook has segmented the Australia ai video generator market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Australian AI video generator market is growing strongly, driven by strong demand for video content in a wide range of sectors. The accelerated growth of digital channels and the growing popularity of short-form video have created fertile ground for AI-powered video creation.
Increasingly, Australian companies are turning to AI video making tools to automate workflows, lower production budgets, and make content more relevant for targeted marketing efforts. The growing creator economy, which emphasizes content creation for the web, also drives demand for easy-to-use and efficient video editing tools.
Improvements in AI technology, along with the provision of easy-to-use cloud-based platforms, are bringing AI video creation within reach of small enterprises and solo creators.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia ai video generator market , including forecasts for subscribers. This country databook contains high-level insights into Australia ai video generator market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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