The North America Text-to-Video AI Market would witness market growth of 34.9% CAGR during the forecast period (2022-2028).
Companies prefers videos that are original and updated. In the end, they can place the site higher or lower in the search results since more people will view the page in the results. This will result in a more favorable brand image and increased sales. Also, videos contribute to an increase in metrics such as the amount of time people spend on a page and the number of backlinks pointing to the site, videos increase these metrics.
According to studies, people spend more than twice as much time on a page with a video than one without one, and the better the content's quality, the greater the likelihood that a company will receive backlinks. Text-to-video AI will enable users to brand their goods or services with original content and help customers stand out in Google rankings, and enhance their reputation. As a result, Google may continue to be a bigger admirer of user-generated content.
Long-term digital transformation programs across North America have undergone rapid change due to the pandemic. As a result, businesses are embracing the use of modern technologies in business decision-making and adopting digital channels for client interactions quickly. With US$37.5 billion in imports and US$7.7 billion in exports worldwide in 2021, the Canadian ICT sector heavily depends on international trade. After China, the United States is Canada's second-largest provider of ICT products, and in 2020, it will be the country to which Canadian ICT exports will be exported, worth US$5.1 billion. As a result, there has been an increase in investment in platforms for managing and creating digital material.
The US market dominated the North America Text-to-Video AI Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $264,857.9 Thousands by 2028. The Canada market is poised to grow at a CAGR of 37.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 36.7% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Text-to-Video AI Market, by Component
1.4.2 North America Text-to-Video AI Market, by End User
1.4.3 North America Text-to-Video AI Market, by Vertical
1.4.4 North America Text-to-Video AI Market, by Deployment Type
1.4.5 North America Text-to-Video AI Market, by Organization Size
1.4.6 North America Text-to-Video AI 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 Text-to-Video AI Market by Component
3.1 North America Software Market by Country
3.2 North America Services Market by Country
Chapter 4. North America Text-to-Video AI Market by End User
4.1 North America Marketers Market by Country
4.2 North America Social Media Managers Market by Country
4.3 North America Educators & Course Creators Market by Country
4.4 North America Content Creators Market by Country
4.5 North America Corporate Professionals Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Text-to-Video AI Market by Vertical
5.1 North America Education Market by Country
5.2 North America Travel & Hospitality Market by Country
5.3 North America Fashion & Beauty Market by Country
5.4 North America Media & Entertainment Market by Country
5.5 North America Retail & Ecommerce Market by Country
5.6 North America Food & Beverages Market by Country
5.7 North America Real Estate Market by Country
5.8 North America Other Vertical Market by Country
Chapter 6. North America Text-to-Video AI Market by Deployment Type
6.1 North America Cloud Market by Country
6.2 North America On-premise Market by Country
Chapter 7. North America Text-to-Video AI Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium-Sized Enterprises Market by Country
Chapter 8. North America Text-to-Video AI Market by Country
8.1 US Text-to-Video AI Market
8.1.1 US Text-to-Video AI Market by Component
8.1.2 US Text-to-Video AI Market by End User
8.1.3 US Text-to-Video AI Market by Vertical
8.1.4 US Text-to-Video AI Market by Deployment Type
8.1.5 US Text-to-Video AI Market by Organization Size
8.2 Canada Text-to-Video AI Market
8.2.1 Canada Text-to-Video AI Market by Component
8.2.2 Canada Text-to-Video AI Market by End User
8.2.3 Canada Text-to-Video AI Market by Vertical
8.2.4 Canada Text-to-Video AI Market by Deployment Type
8.2.5 Canada Text-to-Video AI Market by Organization Size
8.3 Mexico Text-to-Video AI Market
8.3.1 Mexico Text-to-Video AI Market by Component
8.3.2 Mexico Text-to-Video AI Market by End User
8.3.3 Mexico Text-to-Video AI Market by Vertical
8.3.4 Mexico Text-to-Video AI Market by Deployment Type
8.3.5 Mexico Text-to-Video AI Market by Organization Size
8.4 Rest of North America Text-to-Video AI Market
8.4.1 Rest of North America Text-to-Video AI Market by Component
8.4.2 Rest of North America Text-to-Video AI Market by End User
8.4.3 Rest of North America Text-to-Video AI Market by Vertical
8.4.4 Rest of North America Text-to-Video AI Market by Deployment Type
8.4.5 Rest of North America Text-to-Video AI Market by Organization Size
Chapter 9. Company Profiles
9.1 Google LLC (Alphabet, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Meta Platforms, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segment and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Vimeo.com, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.4 Ezoic, Inc.
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Product Launches and Product Expansions:
9.5 Synthesia Limited
9.5.1 Company Overview
9.6 Movio
9.6.1 Company Overview
9.7 De-Identification Ltd.
9.7.1 Company Overview
9.8 Yepic AI Limited
9.8.1 Company Overview
9.9 Animatron, Inc. (Wave.video)
9.9.1 Company Overview
9.10. Veed Limited
9.10.1 Company Overview
TABLE 1 North America Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 2 North America Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 3 North America Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 4 North America Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 5 North America Software Market by Country, 2018 - 2021, USD Thousands
TABLE 6 North America Software Market by Country, 2022 - 2028, USD Thousands
TABLE 7 North America Services Market by Country, 2018 - 2021, USD Thousands
TABLE 8 North America Services Market by Country, 2022 - 2028, USD Thousands
TABLE 9 North America Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 10 North America Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 11 North America Marketers Market by Country, 2018 - 2021, USD Thousands
TABLE 12 North America Marketers Market by Country, 2022 - 2028, USD Thousands
TABLE 13 North America Social Media Managers Market by Country, 2018 - 2021, USD Thousands
TABLE 14 North America Social Media Managers Market by Country, 2022 - 2028, USD Thousands
TABLE 15 North America Educators & Course Creators Market by Country, 2018 - 2021, USD Thousands
TABLE 16 North America Educators & Course Creators Market by Country, 2022 - 2028, USD Thousands
TABLE 17 North America Content Creators Market by Country, 2018 - 2021, USD Thousands
TABLE 18 North America Content Creators Market by Country, 2022 - 2028, USD Thousands
TABLE 19 North America Corporate Professionals Market by Country, 2018 - 2021, USD Thousands
TABLE 20 North America Corporate Professionals Market by Country, 2022 - 2028, USD Thousands
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 23 North America Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 24 North America Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 25 North America Education Market by Country, 2018 - 2021, USD Thousands
TABLE 26 North America Education Market by Country, 2022 - 2028, USD Thousands
TABLE 27 North America Travel & Hospitality Market by Country, 2018 - 2021, USD Thousands
TABLE 28 North America Travel & Hospitality Market by Country, 2022 - 2028, USD Thousands
TABLE 29 North America Fashion & Beauty Market by Country, 2018 - 2021, USD Thousands
TABLE 30 North America Fashion & Beauty Market by Country, 2022 - 2028, USD Thousands
TABLE 31 North America Media & Entertainment Market by Country, 2018 - 2021, USD Thousands
TABLE 32 North America Media & Entertainment Market by Country, 2022 - 2028, USD Thousands
TABLE 33 North America Retail & Ecommerce Market by Country, 2018 - 2021, USD Thousands
TABLE 34 North America Retail & Ecommerce Market by Country, 2022 - 2028, USD Thousands
TABLE 35 North America Food & Beverages Market by Country, 2018 - 2021, USD Thousands
TABLE 36 North America Food & Beverages Market by Country, 2022 - 2028, USD Thousands
TABLE 37 North America Real Estate Market by Country, 2018 - 2021, USD Thousands
TABLE 38 North America Real Estate Market by Country, 2022 - 2028, USD Thousands
TABLE 39 North America Other Vertical Market by Country, 2018 - 2021, USD Thousands
TABLE 40 North America Other Vertical Market by Country, 2022 - 2028, USD Thousands
TABLE 41 North America Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 42 North America Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 43 North America Cloud Market by Country, 2018 - 2021, USD Thousands
TABLE 44 North America Cloud Market by Country, 2022 - 2028, USD Thousands
TABLE 45 North America On-premise Market by Country, 2018 - 2021, USD Thousands
TABLE 46 North America On-premise Market by Country, 2022 - 2028, USD Thousands
TABLE 47 North America Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 48 North America Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 49 North America Large Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 50 North America Large Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 51 North America Small & Medium-Sized Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 52 North America Small & Medium-Sized Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 53 North America Text-to-Video AI Market by Country, 2018 - 2021, USD Thousands
TABLE 54 North America Text-to-Video AI Market by Country, 2022 - 2028, USD Thousands
TABLE 55 US Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 56 US Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 57 US Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 58 US Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 59 US Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 60 US Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 61 US Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 62 US Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 63 US Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 64 US Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 65 US Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 66 US Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 67 Canada Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 68 Canada Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 69 Canada Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 70 Canada Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 71 Canada Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 72 Canada Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 73 Canada Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 74 Canada Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 75 Canada Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 76 Canada Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 77 Canada Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 78 Canada Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 79 Mexico Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 80 Mexico Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 81 Mexico Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 82 Mexico Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 83 Mexico Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 84 Mexico Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 85 Mexico Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 86 Mexico Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 87 Mexico Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 88 Mexico Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 89 Mexico Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 90 Mexico Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 91 Rest of North America Text-to-Video AI Market, 2018 - 2021, USD Thousands
TABLE 92 Rest of North America Text-to-Video AI Market, 2022 - 2028, USD Thousands
TABLE 93 Rest of North America Text-to-Video AI Market by Component, 2018 - 2021, USD Thousands
TABLE 94 Rest of North America Text-to-Video AI Market by Component, 2022 - 2028, USD Thousands
TABLE 95 Rest of North America Text-to-Video AI Market by End User, 2018 - 2021, USD Thousands
TABLE 96 Rest of North America Text-to-Video AI Market by End User, 2022 - 2028, USD Thousands
TABLE 97 Rest of North America Text-to-Video AI Market by Vertical, 2018 - 2021, USD Thousands
TABLE 98 Rest of North America Text-to-Video AI Market by Vertical, 2022 - 2028, USD Thousands
TABLE 99 Rest of North America Text-to-Video AI Market by Deployment Type, 2018 - 2021, USD Thousands
TABLE 100 Rest of North America Text-to-Video AI Market by Deployment Type, 2022 - 2028, USD Thousands
TABLE 101 Rest of North America Text-to-Video AI Market by Organization Size, 2018 - 2021, USD Thousands
TABLE 102 Rest of North America Text-to-Video AI Market by Organization Size, 2022 - 2028, USD Thousands
TABLE 103 Key Information – Google LLC
TABLE 104 Key Information – Meta Platforms, Inc.
TABLE 105 Key Information – Vimeo.com, iNC.
TABLE 106 Key Information – Ezoic, Inc.
TABLE 107 Key Information – Synthesia Limited
TABLE 108 Key Information – Movio
TABLE 109 Key Information – De-Identification Ltd.
TABLE 110 Key Information – Yepic AI Limited
TABLE 111 Key Information – Animatron, Inc.
TABLE 112 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.