Market Executive Summary

The global Text-to-Video AI market was valued at US$ 100 million in 2023 and is anticipated to reach US$ 1062.5 million by 2030, witnessing a CAGR of 37.1% during the forecast period 2024-2030.

As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate €9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security.

In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022.

According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.122%, including software, hardware and services.

This report aims to provide a comprehensive presentation of the global market for Text-to-Video AI, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Text-to-Video AI.

Text-to-Video AI is a technology that uses artificial intelligence technology to convert text descriptions into corresponding videos. It is capable of automatically generating video content without human intervention.

Report Scope

The Text-to-Video AI market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Text-to-Video AI market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. 

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Text-to-Video AI companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Global Text-to-Video AI Companies Covered

OpenAI (Sora) GiaClouldo (aiwan), Designs ail (Singapore), Pictory (US), Raw Shots (US), Wochit (US), Vimeo (US), Vedia (US), Lumen5 (Canada), Synthesia (UK), steve AI (US), InVdeo (US), Meta (US), Hour One (srae), Google (US), Elal.io (US), Peech (srae), Wave. video (US), DeepBrainAl (South Korea), D-ID (IsraeI), Yepic AI (UK), Movio (US), KLen (South Kore), Sytheys (UK), VEED (UK), Ezoic (US)

Global Text-to-Video AI Market, Segment by Type

Cloud

On-premises

Global Text-to-Video AI Market, Segment by Application

SMEs

Large Enterprises

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Text-to-Video AI companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.