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Global AI Content Creation Tool Market – Industry Trends and Forecast to 2031

Semiconductors and Electronics

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Global AI Content Creation Tool Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global AI Content Creation Tool Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 45.50 USD Billion
Diagram Market Size (Forecast Year) USD 87.50 USD Billion
Diagram CAGR %

Major Markets Players

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Global AI Content Creation Tool Market, Technology (Machine Learning and Deep Learning), Function (Training and Inference), Deployment Type (On-Premises, Cloud, and Hybrid), End-User (Enterprises, Government Organizations, and Cloud Service Provider) Power Output (Less than 1 W, 1 W – 5 W, and More than 5 W) - Industry Trends and Forecast to 2031.

AI Content Creation Tool Market

AI Content Creation Tool Market Analysis and Size

The growing focus on automation and efficiency in content creation is one of the main drivers of the growth of the AI Content Generation market. Businesses can save time and money by automating written content creation with AI-driven tools and algorithms. This efficiency is especially beneficial for content-heavy businesses like digital marketing, where a steady stream of interesting and pertinent information is essential for audience engagement and brand awareness. Because of its unmatched scalability, AI content generation enables companies to produce vast amounts of material regularly. It would be difficult for human writers to keep up with the speed at which AI algorithms can produce content, whether it be for blog entries, product descriptions, or social media updates.

The global AI content creation tool market was valued at USD 45.5 billion in 2023 and is expected to reach USD 87.5 billion by 2031, registering a CAGR of 19.3% during the forecast period of 2024-2031. Cloud account for the largest deployment type segment in the respective market owing to the increase in the number of data center providers and cloud companies. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024-2031

Base Year

2022

Historic Years

2021

Quantitative Units

Revenue in USD billion, Volumes in Units, Pricing in USD

Segments Covered

Technology (Machine Learning and Deep Learning), Function (Training and Inference), Deployment Type (On-Premises, Cloud, and Hybrid), End-User (Enterprises, Government Organizations, and Cloud Service Provider) Power Output (Less than 1 W, 1 W – 5 W, and More than 5 W)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa

Market Players Covered

 Jasper (U.S.), Copysmith (U.S.), Writesonic(U.S.), Kafkai(U.S.), Articoolo(U.S.), Rytr(U.S.), CopyAI (U.S.), Peppertype (U.S.), Surfer(U.S.), AI Writer(U.S.), and OpenAI(U.S.)

Market Opportunities

  •  Increase in the adoption of Chatbots to decline the operational costs
  • Increase in awareness regarding the incorporation of artificial intelligence (AI)

Market Definition

An artificial intelligence (AI) infrastructure is the technology that assists with machine learning (ML). The technology signifies the combination of machine learning and artificial intelligence solutions for developing and deploying scalable, reliable, and specific data solutions. AI Infrastructure is known to key enable the whole machine learning process from start to finish. With these technologies, AI systems can now recognize context, tone, and style, producing content that is more and more similar to that authored by humans. 

AI Content Creation Tool Market Dynamics

Drivers

Rise in Awareness regarding Artificial Intelligence (AI)

The increase in awareness regarding incorporating artificial intelligence (AI) into business processes among enterprises acts as one of the major factors driving the artificial intelligence (AI) infrastructure market. This technology enhances operational efficiency in any organizations by using machine learning & AI tools while reducing cost through the automation of process flows, which is propelling the market

  • High Investments in Compute-Intensive Chip

GPU/CPU manufacturers, such as AMD, Qualcomm, NVIDIA, and Intel, among others, are increasing their investments in the development of chips that are compatible with AI solutions to accelerate the market growth. Also, the development of field-programmable gate arrays (FPGAs) and application-specific integrated circuits (ASICs) by various companies are driving  the market.

  • Surge in the Adoption of Chatbots

The increase in the adoption of Chatbots to decline the operational costs for businesses that is estimated to be up to 30% further influence the market. AI is beneficial for solving specific problems and working with a significant volume of high-quality Big Data. In addition, rapid urbanization, lifestyle changes, investments, and increased consumer spending positively impact the artificial intelligence (AI) content creation tool market.

Opportunities

  • Surge in Demand for FPGA-Based Accelerators

Increase in demand for FPGA-based accelerators and rise in need for co-processors due to slowdown of Moore’s Law extend profitable opportunities to the market players in the forecast period of 2022 to 2029. The rise in potential of AI-based tools for elderly care will further expand the market.

Restraints/Challenges

  • Issues Regarding Data Privacy and Security

Rising concerns regarding data privacy in AI platforms and lack of AI hardware experts and skilled workforce are expected to obstruct market growth. Also, availability of limited structured data to train and develop efficient AI systems and unreliability of AI algorithms are projected to challenge the artificial intelligence (AI) infrastructure market in the forecast period 2024-2031.

The market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the business intelligence market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

AI Content Creation Tool Market Scope

The market is segmented on the basis of technology, function, deployment, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

  • Machine Learning
  • Deep Learning

Function

  • Training
  • Inference

Deployment Type

  • On-Premises
  • Cloud
  • Hybrid

End-User

  • Enterprises
  • Government Organizations
  • Cloud Service Provider

AI Content Creation Tool Market Region Analysis/Insights

The market is segmented on the basis of technology, function, deployment and end-use.

The countries covered in the report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa.

North America is the fastest growing region in the market and is expected to dominate the market owing to the owing to the increasing adoption of AI-based content-generating solutions is pushed by the region's highly digitalized sectors and sophisticated technological infrastructure. AI technology is being used by North American organizations, especially in the media, e-commerce, and digital marketing sectors, to improve audience engagement and expedite content development processes.

Surge in the Adoption of Chatbots

The market also provides you with a detailed market analysis for every region’s growth for capital equipment, installed base of different kinds of products for the market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the variable frequency drive market. The data is available for the historic period 2016-2021.

Competitive Landscape and Global AI Content Creation Tool Market Share Analysis

The market is analyzed, and market size information is provided by country, power output & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market

Some of the major players operating in the market are:

  • Jasper (U.S.)
  • Copysmith (U.S.)
  • Writesonic (U.S.)
  • Kafkai (U.S.)
  • Articoolo (U.S.)
  • Rytr (U.S.)
  • CopyAI (U.S.)
  • Peppertype (U.S.)
  • Surfer (U.S.)
  • AI Writer (U.S.)
  • OpenAI (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The AI content creation tool market size will be worth USD 87.5 billion by 2031.
The growth rate of the AI content creation tool market is 19.3%.
Rising Demand for Plant-Based Products & Expanding Fitness Industry and Rising Interest in Sports and Physical Activities are the growth drivers of the AI content creation tool market.
Product, form, end-user, and distribution channel are the factors on which the AI content creation tool market research is based.
Major companies in the AI content creation tool market are Vega (Canada), Jarrow Formulas (U.S.), Vitamin Energy (U.S.), Solgar Inc. (U.S.), Deva Nutrition LLC (U.K.), Natrol, LLC. (U.S.), Kerry Group plc (Ireland), Vitacost (U.S.), Garden of Life (U.S.), Pure Encapsulations, LLC (U.K.), Orgenetics, Inc. (U.S.), MusclePharm. (U.S.), HTC Health (U.K.), Danone S.A. (France), Roquette Frères (France), BENEO (Germany), and Glanbia PLC (Ireland).
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