The Latin America, Middle East and Africa Text-to-Video AI Market would witness market growth of 41.9% CAGR during the forecast period (2022-2028).
The majority of text-to-video AI is online video platforms that do not require a downloaded program. The user only needs to have access to web browser and internet connection. Text-based AI video platforms are often referred to as AI video-generating platforms. The user must enter a text screenplay, and the AI system will automatically generate the video. It can also add background music and music to a video. Nevertheless, custom visuals, audio, and voiceovers can be added to the slides. It is crucial to understand that AI algorithms are programmed to learn from every activity they perform; thus, if the user continues to employ the tool, a better output can be anticipated.
There are two primary sorts of videos, a regular video made from a text screenplay and a video created from a pre-recorded video. The AI creates a video by selecting photos and music. If desired, one may change it afterward. A video featuring an avatar of a human. Since technology has advanced, it is nearly impossible to distinguish between a real person and a computer-generated human avatar in these types of videos. The facial expressions and lip-syncing are refined and of superior quality.
The United Arab Emirates' e-commerce market is primarily driven by consumers' increasing preference for online shopping. This has encouraged suppliers for the global e-commerce business to invest in the nation. The e-commerce industry in the United Arab Emirates has grown significantly due to numerous causes. One of the main reasons for expanding its e-commerce is the increase in smartphone and internet usage. Numerous luxury brands have opened their websites in Arabic to draw in local consumers who have shied away from online purchasing due to language barriers. Compared to other markets with more robust e-commerce businesses, Saudi Arabia's digital infrastructure is expanding quickly. These aspects propelling the market growth.
The Brazil market dominated the LAMEA Text-to-Video AI Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19,513.6 Thousands by 2028. The Argentina market is experiencing a CAGR of 42.6% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 41.5% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on End User, the market is segmented into Marketers, Social Media Managers, Educators & Course Creators, Content Creators, Corporate Professionals, and Others. Based on Vertical, the market is segmented into Education, Travel & Hospitality, Fashion & Beauty, Media & Entertainment, Retail & Ecommerce, Food & Beverages, Real Estate, and Others. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Text-to-Video AI Market is Projected to reach USD 961.9 Million by 2028, at a CAGR of 36.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Vimeo.com, Inc., Meta Platforms, Inc., De-Identification Ltd., Google LLC (Alphabet, Inc.), Synthesia Limited, Veed Limited, Movio, Yepic AI Limited, Animatron, Inc. (Wave.video), and Ezoic, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By End User
- Marketers
- Social Media Managers
- Educators & Course Creators
- Content Creators
- Corporate Professionals
- Others
By Vertical
- Education
- Travel & Hospitality
- Fashion & Beauty
- Media & Entertainment
- Retail & Ecommerce
- Food & Beverages
- Real Estate
- Others
By Deployment Type
By Organization Size
- Large Enterprises
- Small & Medium-Sized Enterprises
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Vimeo.com, Inc.
- Meta Platforms, Inc.
- De-Identification Ltd.
- Google LLC (Alphabet, Inc.)
- Synthesia Limited
- Veed Limited
- Movio
- Yepic AI Limited
- Animatron, Inc. (Wave.video)
- Ezoic, Inc.
TABLE 1 LAMEA Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Software Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Software Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Services Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Services Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 11 LAMEA Marketers Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA Marketers Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Social Media Managers Market by Country, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Social Media Managers Market by Country, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Educators & Course Creators Market by Country, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Educators & Course Creators Market by Country, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Content Creators Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Content Creators Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Corporate Professionals Market by Country, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Corporate Professionals Market by Country, 2022 - 2028, USD Thousands
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Thousands
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Thousands
TABLE 23 LAMEA Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 24 LAMEA Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 25 LAMEA Education Market by Country, 2018 - 2021, USD Thousands
TABLE 26 LAMEA Education Market by Country, 2022 - 2028, USD Thousands
TABLE 27 LAMEA Travel & Hospitality Market by Country, 2018 - 2021, USD Thousands
TABLE 28 LAMEA Travel & Hospitality Market by Country, 2022 - 2028, USD Thousands
TABLE 29 LAMEA Fashion & Beauty Market by Country, 2018 - 2021, USD Thousands
TABLE 30 LAMEA Fashion & Beauty Market by Country, 2022 - 2028, USD Thousands
TABLE 31 LAMEA Media & Entertainment Market by Country, 2018 - 2021, USD Thousands
TABLE 32 LAMEA Media & Entertainment Market by Country, 2022 - 2028, USD Thousands
TABLE 33 LAMEA Retail & Ecommerce Market by Country, 2018 - 2021, USD Thousands
TABLE 34 LAMEA Retail & Ecommerce Market by Country, 2022 - 2028, USD Thousands
TABLE 35 LAMEA Food & Beverages Market by Country, 2018 - 2021, USD Thousands
TABLE 36 LAMEA Food & Beverages Market by Country, 2022 - 2028, USD Thousands
TABLE 37 LAMEA Real Estate Market by Country, 2018 - 2021, USD Thousands
TABLE 38 LAMEA Real Estate Market by Country, 2022 - 2028, USD Thousands
TABLE 39 LAMEA Other Vertical Market by Country, 2018 - 2021, USD Thousands
TABLE 40 LAMEA Other Vertical Market by Country, 2022 - 2028, USD Thousands
TABLE 41 LAMEA Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 42 LAMEA Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 43 LAMEA Cloud Market by Country, 2018 - 2021, USD Thousands
TABLE 44 LAMEA Cloud Market by Country, 2022 - 2028, USD Thousands
TABLE 45 LAMEA On-premise Market by Country, 2018 - 2021, USD Thousands
TABLE 46 LAMEA On-premise Market by Country, 2022 - 2028, USD Thousands
TABLE 47 LAMEA Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 48 LAMEA Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 49 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 50 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 51 LAMEA Small & Medium-Sized Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 52 LAMEA Small & Medium-Sized Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 53 LAMEA Text-to-Video AI Market by Country, 2018 - 2021, USD Thousands
TABLE 54 LAMEA Text-to-Video AI Market by Country, 2022 - 2028, USD Thousands
TABLE 55 Brazil Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 56 Brazil Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 57 Brazil Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 58 Brazil Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 59 Brazil Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 60 Brazil Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 61 Brazil Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 62 Brazil Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 63 Brazil Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 64 Brazil Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 65 Brazil Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 66 Brazil Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 67 Argentina Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 68 Argentina Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 69 Argentina Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 70 Argentina Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 71 Argentina Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 72 Argentina Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 73 Argentina Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 74 Argentina Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 75 Argentina Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 76 Argentina Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 77 Argentina Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 78 Argentina Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 79 UAE Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 80 UAE Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 81 UAE Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 82 UAE Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 83 UAE Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 84 UAE Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 85 UAE Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 86 UAE Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 87 UAE Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 88 UAE Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 89 UAE Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 90 UAE Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 91 Saudi Arabia Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 92 Saudi Arabia Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 93 Saudi Arabia Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 94 Saudi Arabia Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 95 Saudi Arabia Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 96 Saudi Arabia Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 97 Saudi Arabia Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 98 Saudi Arabia Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 99 Saudi Arabia Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 100 Saudi Arabia Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 101 Saudi Arabia Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 102 Saudi Arabia Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 103 South Africa Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 104 South Africa Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 105 South Africa Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 106 South Africa Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 107 South Africa Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 108 South Africa Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 109 South Africa Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 110 South Africa Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 111 South Africa Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 112 South Africa Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 113 South Africa Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 114 South Africa Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 115 Nigeria Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 116 Nigeria Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 117 Nigeria Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 118 Nigeria Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 119 Nigeria Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 120 Nigeria Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 121 Nigeria Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 122 Nigeria Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 123 Nigeria Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 124 Nigeria Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 125 Nigeria Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 126 Nigeria Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 127 Rest of LAMEA Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 128 Rest of LAMEA Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 129 Rest of LAMEA Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 130 Rest of LAMEA Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 131 Rest of LAMEA Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 132 Rest of LAMEA Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 133 Rest of LAMEA Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 134 Rest of LAMEA Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 135 Rest of LAMEA Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 136 Rest of LAMEA Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 137 Rest of LAMEA Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 138 Rest of LAMEA Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 139 Key Information – Google LLC
TABLE 140 Key Information – Meta Platforms, Inc.
TABLE 141 Key Information – Vimeo.com, iNC.
TABLE 142 Key Information – Ezoic, Inc.
TABLE 143 Key Information – Synthesia Limited
TABLE 144 Key Information – Movio
TABLE 145 Key Information – De-Identification Ltd.
TABLE 146 Key Information – Yepic AI Limited
TABLE 147 Key Information – Animatron, Inc.
TABLE 148 Key Information – Veed Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 3 SWOT Analysis: Facebook
FIG 4 Recent strategies and developments: Vimeo.com, Inc.