U.S. Ai Video Generator Market Size & Outlook, 2023-2030
U.S. ai video generator market, 2017-2030 (US$M)
Related Markets
U.S. ai video generator market highlights
- The U.S. ai video generator market generated a revenue of USD 105.4 million in 2023 and is expected to reach USD 376.0 million by 2030.
- The U.S. 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.
Ai video generator market data book summary
| Market revenue in 2023 | USD 105.4 million |
| Market revenue in 2030 | USD 376.0 million |
| Growth rate | 19.9% (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, U.S. accounted for 19.0% 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 North America, U.S. ai video generator market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 161.0 million by 2030.
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AI Video Generator Market Scope
AI Video Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 63% in 2023. Horizon Databook has segmented the U.S. ai video generator market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The U.S. AI video generator market is expected to witness high growth on the back of growing use of AI tools among content creators, increasing demand for high-quality, affordable video creation, and developing AI technology.
A Harvard Business School Publishing study in 2023, which found that about 13 million individuals creating content on social media and discovered more than a fifth of American content creators employing AI to create and edit videos and photos, emphasizing increased use of AI in creative processes.
U.S. based firms are increasingly creating and introducing new AI video creation tools to service this demand. For Instance, OpenAI (United States) rolled out new features that allow users to produce videos based on text inputs, making production faster and more content rich.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ai video generator market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ai video generator market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. ai video generator market size, by component, 2017-2030 (US$M)
U.S. AI Video Generator Market Outlook Share, 2023 & 2030 (US$M)
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