North America Ai Video Generator Market Size & Outlook
North America ai video generator market, 2017-2030 (US$M)
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North America ai video generator market highlights
- The North America ai video generator market generated a revenue of USD 149.0 million in 2023.
- The market is expected to grow at a CAGR of 20.1% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 149.0 million |
| Market revenue in 2030 | USD 537.1 million |
| Growth rate | 20.1% (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, North America region accounted for 26.8% 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.
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AI Video Generator Market Scope
AI Video Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 62.68% in 2023. Horizon Databook has segmented the North America ai video generator market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The expansion is driven by growing demand for AI-based video-making solutions across industries such as content creation, marketing, education, and entertainment. Content creators and influencers are increasingly turning to AI video generators to streamline their content creation process, especially with the rise in popularity of short-form videos.
Advertisers and advertising firms are also using AI solutions to produce more scalable, targeted video campaigns at a lower cost. In the education industry, e-learning platforms are incorporating AI-based video solutions to develop engaging and dynamic learning content.
In addition, heavy investments are being made to fuel this growth. For instance, in 2023, Pika raised $55 million to improve its AI-enabled video editing app, highlighting the growing demand for effective, high-quality video editing software. In the same vein, Gan.ai raised $5.25 million in May 2024 to expand its personalized video offerings to both business and consumer markets.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ai video generator market , including forecasts for subscribers. This continent databook contains high-level insights into North America ai video generator market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America ai video generator market size, by country, 2017-2030 (US$M)
North America AI Video Generator Market Outlook Share, 2023 & 2030 (US$M)
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