Europe Ai Video Generator Market Size & Outlook, 2023-2030
Europe ai video generator market, 2017-2030 (US$M)
Related Markets
Europe ai video generator market highlights
- The Europe ai video generator market generated a revenue of USD 132.2 million in 2023.
- The market is expected to grow at a CAGR of 19.9% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 132.2 million |
| Market revenue in 2030 | USD 470.6 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 23.8% of the global ai video generator market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 154.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
AI Video Generator Market Scope
AI Video Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 62.78% in 2023. Horizon Databook has segmented the Europe ai video generator market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The AI video generation market in Europe is expanding rapidly, as the need for cost-effective and customized video content increases across industries like marketing, entertainment, and education. AI video software is enabling companies to create high-quality videos more efficiently, reducing production time and resources.
The entertainment sector is leveraging AI for editing, visual effects, and animation, while the education sector is employing AI for creating engaging and interactive e-learning content. Additionally, the growing uptake of AI video-making tools among small and medium enterprises (SMEs) is also stimulating market growth since affordable and intuitive platforms are becoming readily available.
The UK, Germany, and France are leading regions in implementing AI due to strong digital infrastructure and a rising tech ecosystem. For instance, Synthesia raised $180 million in Series D funding. The firm intends to use this capital to invest in product development, talent development, and to grow its AI-driven video platform to address the changing needs of businesses.
Reasons to subscribe to Europe ai video generator market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe ai video generator market databook
-
Our clientele includes a mix of ai video generator market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ai video generator market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ai video generator market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe ai video generator market size, by country, 2017-2030 (US$M)
Europe AI Video Generator Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
