The North America AI Video Generator Market would witness market growth of 19.7% CAGR during the forecast period (2023-2029).
The trend among businesses is to rely more on data, allowing AI companies to expand their range of products and services. In addition, businesses are utilizing modern tools and services to enhance their brand promotion and effectively target their desired audience. While traditional content creation methods remain popular among certain businesses, the utilization of AI video generators is gaining considerable traction. It is anticipated that these tools will become the leading force in the content creation industry globally in the years to come.
The current market is in its early stages and is projected to experience substantial expansion in the upcoming years. The shift in organizational strategy towards utilizing video and social media platforms to connect with customers has significantly contributed to the growth of AI video generator software. In addition, the rise in internet usage has resulted in a surge of individuals utilizing social media platforms.
The Internet is a crucial platform for Canadian consumers to make purchases. Over the past few years, online consumer sales have surpassed traditional retail sales. Canadian retail companies have implemented internet-based systems and wireless technologies to enhance business-to-business and business-to-consumer interactions. Manufacturing companies and government agencies increasingly use the Internet for procurement, particularly small and regular orders. The growing e-commerce will increase the wider utilization of AI video generators to create video advertisements of the products in the most cost-effective way, thus propelling the market growth in the region.
The US market dominated the North America AI Video Generator Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $317.5 million by 2029. The Canada market is poised to grow at a CAGR of 22.5% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 21.4% 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 U.S., Mexico, Canada, and Rest of North America.
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
Scope of the Study
Market Segments Covered in the Report:
By Application
- Marketing
- Education
- E-commerce
- Social Media
- Others
By Source
- Text to Video
- PowerPoint to Video
- Spreadsheet to Video
By Component
By Organization Size
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
Companies Profiled
- Meta Platforms, Inc. (Facebook)
- Lumen5 Technologies Ltd
- Musai Inc.
- video Limited
- Raw Shorts, Inc.
- Pictory Corp.
- PearlMountain Limited (FlexClip)
- Inmagine Lab Pte. Ltd. (Designs.Ai)
- Synthesia Limited
- Rephrase.ai
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI Video Generator Market, by Application
1.4.2 North America AI Video Generator Market, by Source
1.4.3 North America AI Video Generator Market, by Component
1.4.4 North America AI Video Generator Market, by Organization Size
1.4.5 North America AI Video Generator Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America AI Video Generator Market by Application
3.1 North America Marketing Market by Country
3.2 North America Education Market by Country
3.3 North America E-commerce Market by Country
3.4 North America Social Media Market by Country
3.5 North America Others Market by Country
Chapter 4. North America AI Video Generator Market by Source
4.1 North America Text to Video Market by Country
4.2 North America PowerPoint to Video Market by Country
4.3 North America Others Market by Country
Chapter 5. North America AI Video Generator Market by Component
5.1 North America Solution Market by Country
5.2 North America Services Market by Country
Chapter 6. North America AI Video Generator Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America AI Video Generator Market by Country
7.1 US AI Video Generator Market
7.1.1 US AI Video Generator Market by Application
7.1.2 US AI Video Generator Market by Source
7.1.3 US AI Video Generator Market by Component
7.1.4 US AI Video Generator Market by Organization Size
7.2 Canada AI Video Generator Market
7.2.1 Canada AI Video Generator Market by Application
7.2.2 Canada AI Video Generator Market by Source
7.2.3 Canada AI Video Generator Market by Component
7.2.4 Canada AI Video Generator Market by Organization Size
7.3 Mexico AI Video Generator Market
7.3.1 Mexico AI Video Generator Market by Application
7.3.2 Mexico AI Video Generator Market by Source
7.3.3 Mexico AI Video Generator Market by Component
7.3.4 Mexico AI Video Generator Market by Organization Size
7.4 Rest of North America AI Video Generator Market
7.4.1 Rest of North America AI Video Generator Market by Application
7.4.2 Rest of North America AI Video Generator Market by Source
7.4.3 Rest of North America AI Video Generator Market by Component
7.4.4 Rest of North America AI Video Generator Market by Organization Size
Chapter 8. Company Profiles
8.1 Meta Platforms, Inc. (Facebook)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segment and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Lumen5 Technologies Ltd
8.2.1 Company Overview
8.3 Musai Inc.
8.3.1 Company Overview
8.4 synths.video Limited
8.4.1 Company Overview
8.5 Raw Shorts, Inc.
8.5.1 Company Overview
8.6 Pictory Corp.
8.6.1 Company Overview
8.7 PearlMountain Limited (FlexClip)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Inmagine Lab Pte. Ltd. (Designs.Ai)
8.8.1 Company Overview
8.9 Synthesia Limited
8.9.1 Company Overview
8.10. Rephrase.ai
8.10.1 Company Overview
TABLE 1 North America AI Video Generator Market, 2019 - 2022, USD Million
TABLE 2 North America AI Video Generator Market, 2023 - 2029, USD Million
TABLE 3 North America AI Video Generator Market by Application, 2019 - 2022, USD Million
TABLE 4 North America AI Video Generator Market by Application, 2023 - 2029, USD Million
TABLE 5 North America Marketing Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Marketing Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Education Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Education Market by Country, 2023 - 2029, USD Million
TABLE 9 North America E-commerce Market by Country, 2019 - 2022, USD Million
TABLE 10 North America E-commerce Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Social Media Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Social Media Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 15 North America AI Video Generator Market by Source, 2019 - 2022, USD Million
TABLE 16 North America AI Video Generator Market by Source, 2023 - 2029, USD Million
TABLE 17 North America Text to Video Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Text to Video Market by Country, 2023 - 2029, USD Million
TABLE 19 North America PowerPoint to Video Market by Country, 2019 - 2022, USD Million
TABLE 20 North America PowerPoint to Video Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 23 North America AI Video Generator Market by Component, 2019 - 2022, USD Million
TABLE 24 North America AI Video Generator Market by Component, 2023 - 2029, USD Million
TABLE 25 North America Solution Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Solution Market by Country, 2023 - 2029, USD Million
TABLE 27 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 29 North America AI Video Generator Market by Organization Size, 2019 - 2022, USD Million
TABLE 30 North America AI Video Generator Market by Organization Size, 2023 - 2029, USD Million
TABLE 31 North America Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Large Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 33 North America SMEs Market by Country, 2019 - 2022, USD Million
TABLE 34 North America SMEs Market by Country, 2023 - 2029, USD Million
TABLE 35 North America AI Video Generator Market by Country, 2019 - 2022, USD Million
TABLE 36 North America AI Video Generator Market by Country, 2023 - 2029, USD Million
TABLE 37 US AI Video Generator Market, 2019 - 2022, USD Million
TABLE 38 US AI Video Generator Market, 2023 - 2029, USD Million
TABLE 39 US AI Video Generator Market by Application, 2019 - 2022, USD Million
TABLE 40 US AI Video Generator Market by Application, 2023 - 2029, USD Million
TABLE 41 US AI Video Generator Market by Source, 2019 - 2022, USD Million
TABLE 42 US AI Video Generator Market by Source, 2023 - 2029, USD Million
TABLE 43 US AI Video Generator Market by Component, 2019 - 2022, USD Million
TABLE 44 US AI Video Generator Market by Component, 2023 - 2029, USD Million
TABLE 45 US AI Video Generator Market by Organization Size, 2019 - 2022, USD Million
TABLE 46 US AI Video Generator Market by Organization Size, 2023 - 2029, USD Million
TABLE 47 Canada AI Video Generator Market, 2019 - 2022, USD Million
TABLE 48 Canada AI Video Generator Market, 2023 - 2029, USD Million
TABLE 49 Canada AI Video Generator Market by Application, 2019 - 2022, USD Million
TABLE 50 Canada AI Video Generator Market by Application, 2023 - 2029, USD Million
TABLE 51 Canada AI Video Generator Market by Source, 2019 - 2022, USD Million
TABLE 52 Canada AI Video Generator Market by Source, 2023 - 2029, USD Million
TABLE 53 Canada AI Video Generator Market by Component, 2019 - 2022, USD Million
TABLE 54 Canada AI Video Generator Market by Component, 2023 - 2029, USD Million
TABLE 55 Canada AI Video Generator Market by Organization Size, 2019 - 2022, USD Million
TABLE 56 Canada AI Video Generator Market by Organization Size, 2023 - 2029, USD Million
TABLE 57 Mexico AI Video Generator Market, 2019 - 2022, USD Million
TABLE 58 Mexico AI Video Generator Market, 2023 - 2029, USD Million
TABLE 59 Mexico AI Video Generator Market by Application, 2019 - 2022, USD Million
TABLE 60 Mexico AI Video Generator Market by Application, 2023 - 2029, USD Million
TABLE 61 Mexico AI Video Generator Market by Source, 2019 - 2022, USD Million
TABLE 62 Mexico AI Video Generator Market by Source, 2023 - 2029, USD Million
TABLE 63 Mexico AI Video Generator Market by Component, 2019 - 2022, USD Million
TABLE 64 Mexico AI Video Generator Market by Component, 2023 - 2029, USD Million
TABLE 65 Mexico AI Video Generator Market by Organization Size, 2019 - 2022, USD Million
TABLE 66 Mexico AI Video Generator Market by Organization Size, 2023 - 2029, USD Million
TABLE 67 Rest of North America AI Video Generator Market, 2019 - 2022, USD Million
TABLE 68 Rest of North America AI Video Generator Market, 2023 - 2029, USD Million
TABLE 69 Rest of North America AI Video Generator Market by Application, 2019 - 2022, USD Million
TABLE 70 Rest of North America AI Video Generator Market by Application, 2023 - 2029, USD Million
TABLE 71 Rest of North America AI Video Generator Market by Source, 2019 - 2022, USD Million
TABLE 72 Rest of North America AI Video Generator Market by Source, 2023 - 2029, USD Million
TABLE 73 Rest of North America AI Video Generator Market by Component, 2019 - 2022, USD Million
TABLE 74 Rest of North America AI Video Generator Market by Component, 2023 - 2029, USD Million
TABLE 75 Rest of North America AI Video Generator Market by Organization Size, 2019 - 2022, USD Million
TABLE 76 Rest of North America AI Video Generator Market by Organization Size, 2023 - 2029, USD Million
TABLE 77 Key Information - Meta Platforms, Inc.
TABLE 78 Key Information - Lumen5 Technologies Ltd
TABLE 79 Key Information - Musai Inc.
TABLE 80 Key Information - synths.video Limited
TABLE 81 Key Information - Raw Shorts, Inc.
TABLE 82 Key Information - Pictory Corp.
TABLE 83 Key Information - PearlMountain Limited
TABLE 84 Key Information - Inmagine Lab Pte. Ltd.
TABLE 85 Key Information - Synthesia Limited
TABLE 86 Key Information - Rephrase.ai
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Facebook