The Europe AI Image Generator Market would witness market growth of 16.9% CAGR during the forecast period (2023-2030).
Recent trends in these generators emphasize unsupervised learning and self-supervised learning approaches. Unsupervised learning allows models to learn from unlabeled data, fostering creativity without extensive human annotation. Self-supervised learning techniques enable models to create labels or representations, enhancing their ability to understand and generate diverse visual content.
Advancements in these generators have led to cross-domain and multi-modal image generation exploration. Cross-domain generation involves translating images from one domain to another, such as transforming satellite images into maps. Multi-modal generation extends this capability to create images that simultaneously satisfy multiple conditions or styles, adding a layer of complexity and richness to the generated content.
As per the International Trade Administration, consumer e-commerce now accounts for 36.3% of the total retail sector in the UK (as of Jan 2021), with e-commerce revenue projected to increase to 285.60 billion dollars by 2025. In 2022, UK online sales saw their highest annual growth since 2007, rising 36%. Additionally, as per Eurostat, in 2021, 59 % of EU enterprises used at least one of these types of social media, an increase of 22 percentage points compared to 2015. Percentages do vary widely from country to country, ranging from 80 % and more in Malta (84 %), Sweden (80 %), and the Netherlands (80 %) to less than 40 % in Bulgaria (39 %) and Romania (36 %). Moreover, in 2022, 84% of young people in the EU used the internet to participate in social media networks. Thus, rising social media usage and e-commerce growth in Europe will increase the region's demand for these generators.
The Germany market dominated the Europe AI Image Generator Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $66,941.9 Thousands by 2030. The UK market is exhibiting a CAGR of 15.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 17.8% during (2023 - 2030).
Free Valuable Insights: The Global AI Image Generator Market will Hit USD 996.8 Million by 2030, at a CAGR of 17.1%
Based on Component, the market is segmented into Software, and Services. Based on End-user, the market is segmented into Media & Entertainment, Social Media, E-commerce, Fashion, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Component
By End-user
By Country
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