The Asia Pacific AI Video Generator Market would witness market growth of 20.5% CAGR during the forecast period (2023-2029).
AI-powered video generation tools provide a degree of adaptability and personalization that conventional video production techniques may struggle to emulate. These software solutions frequently offer a variety of editable templates and customization features, enabling enterprises to personalize their video content to align with their unique branding and promotional objectives. Moreover, these tools have the capability to produce videos in diverse formats and resolutions, simplifying the process for businesses to enhance their content for various platforms and devices.
AI-powered video generation tools provide an efficient solution for enterprises seeking to create top-notch video content without requiring significant resources or specialized skills. By utilizing automated processes in video production, businesses can improve efficiency, customize the content, and expand their marketing reach. These tools are valuable assets for enhancing marketing strategies and reaching a broader audience.
The education industry presents a rapidly growing and emerging opportunity for Australian edtech companies to provide support and solutions. In addition, the edtech sector in Australia presents growing prospects for international partners to engage in collaborations and investments. According to the 2019 Australian EdTech Market Census, there has been a significant increase in investment in edtech from $500m in 2010 to $7bn in 2019. The expenditure on edtech is predicted to reach $341bn by 2025. The growing expansion of the edtech industry and their high utilization of AI video generators to efficiently and easily teach students will surge the market growth in the APAC region.
The China market dominated the Asia Pacific AI Video Generator Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $144.8 million by 2029. The Japan market is experiencing a CAGR of 19.8% during (2023 - 2029). Additionally, The India market would display a CAGR of 21.2% during (2023 - 2029).
Based on Application, the market is segmented into Marketing, Education, E-commerce, Social Media and Others. Based on Source, the market is segmented into Text to Video, PowerPoint to Video, and Spreadsheet to Video. Based on Component, the market is segmented into Solution and Services. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide AI Video Generator Market is Projected to reach USD 1.5 Billion by 2029, at a CAGR of 20%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Meta Platforms, Inc. (Facebook), Lumen5 Technologies Ltd, Musai Inc., synths.video Limited, Raw Shorts, Inc., Pictory Corp., PearlMountain Limited (FlexClip), Inmagine Lab Pte. Ltd. (Designs.Ai), Synthesia Limited and Rephrase.ai
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Companies Profiled
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