The Artificial Intelligence (AI) Image Generator Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Artificial Intelligence (AI) Image Generator Global Market Report 2024, The AI image generator market size is expected to see rapid growth in the next few years. It will grow to $0.71 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to increasing demand for visual content, integration with AR and VR, the rise of e-commerce and online shopping, rising adoption of digital transformation initiatives, the increasing reliance on visual content in social media, and digital marketing. Major trends in the forecast period include high-resolution image generation, text-to-image synthesis, style transfer and image manipulation, interactive and real-time image generation, conditional image generation.
Increasing demand for visual and performing arts is expected to propel the growth of the artificial intelligence (AI) image generator market going forward. Visual and performing arts encompass a wide range of creative disciplines that involve the creation of works intended to be appreciated primarily for their visual or aesthetic qualities or performed live for an audience. AI image generators can provide artists with new sources of inspiration by generating novel and unexpected visual concepts that they can use as starting points for their work. For instance, according to the National Center for Science and Engineering Statistics, a US-based principal statistical agency, R&D expenditures in visual and performing arts increased to $225 million in FY 2022 from $178 million in 2021. Therefore, increasing demand for visual and performing arts is driving the growth of the artificial intelligence (AI) image generator market.
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The artificial intelligence (ai) image generator market covered in this report is segmented –
1) By Component: Software, Services
2) By Technology Type: Natural Language Processing (NLP), Computer Vision, Audio Generation, Mixed Media Generation
3) By Application: Personal, Enterprise
4) By End-user: Advertising, Healthcare, Gaming, Fashion, E-commerce, Other End Users
Major companies operating in the artificial intelligence (AI) image generator market are developing innovative products such as DALL-E 3 to have a transformative impact on various industries and creative endeavors. DALL-E 3 is an AI image generator that uses deep learning methodologies to generate digital images from natural language descriptions. For instance, in October 2023, OpenAI, a US-based artificial intelligence research organization, launched DALL-E 3, the latest iteration of the text-to-image model, which has shown significant advancements in understanding and translating textual descriptions into highly detailed and accurate visual outputs. DALL-E 3 represents a significant advancement in the field of AI-driven image generation, offering improved understanding, detailed visual outputs, and a user-friendly experience.
The artificial intelligence (ai) image generator market report table of contents includes:
1. Executive Summary
2.Artificial Intelligence (AI) Image Generator Market Characteristics
3.Artificial Intelligence (AI) Image Generator Market Trends And Strategies
4.Artificial Intelligence (AI) Image Generator Market analysis
5.Artificial Intelligence (AI) Image Generator Market Size And Growth
6.Artificial Intelligence (AI) Image Generator Segmentation
7.Artificial Intelligence (AI) Image Generator Regional And Country Analysis
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27.Artificial Intelligence (AI) Image Generator Competitive Landscape And Company Profiles
28.Artificial Intelligence (AI) Image Generator Key Mergers And Acquisitions
29.Artificial Intelligence (AI) Image Generator Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Google LLC
- Samsung Group
- Microsoft Corporation
- The International Business Machines Corporation
- Nvidia Corporation
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