Global Generative AI in Creative Industries Market is valued approximately at USD 2.20 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 29.67% over the forecast period 2024-2032. Generative AI represents a transformative advancement in artificial intelligence, leveraging machine learning algorithms to generate new content by recognizing and emulating patterns found in existing data. This technology has profound applications across various creative domains, including music, art, design, and literature, offering innovative and unique outputs that push the boundaries of traditional creativity. Generative AI models are capable of automatically producing extensive text and image posts for social media, blogs, and articles, presenting a significant time-saving tool for both businesses and individual content creators.
The Global Generative AI market is driven by incorporation of state-of-the-art technologies such as AI, ML, and cloud computing brings substantial benefits to organizations and consumers alike. These benefits encompass more efficient problem-solving capabilities, enhanced productivity, and cost reduction. Generative AI also offers advanced data filtering and improved user experiences, alongside the flexibility and scalability needed to adapt to dynamic threat landscapes and evolving business demands. These attributes are poised to drive substantial growth in the generative AI in creative industries market during the forecast period. Moreover, the rapid advancements in AI technology and the increasing demand for personalized content and growing integration of AR and VR in creative industries presents lucrative opportunities for further market expansion. However, potential risks associated with data breaches is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global Generative AI market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America held the largest market share driven by the presence of numerous tech companies at the forefront of market development. Conversely, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period, attributed to the proliferation of advanced technologies such as communication systems and cloud computing, which collectively bolster the global market.
Major market players included in this report are:
- Synthesis AI, Inc
- Autodesk, Inc.
- IBM Corporation
- Unity Software Inc.
- Epic Games
- Alphabet
- OpenAI
- Microsoft Corporation
- NVIDIA Corporation
- Adobe Inc.
The detailed segments and sub-segment of the market are explained below:
By Deployment Mode:
By Type:
- Text-to-Image Generation
- Image-to-Image Generation
- Music Generation
- Video Generation
- 3D Modeling and Animation
By Application:
- Gaming
- Film and Television
- Advertising and Marketing
- Music and Sound Production
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. Global Generative AI in Creative Industries Market Executive Summary
- 1.1. Global Generative AI in Creative Industries Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Deployment Mode
- 1.3.2. By Type
- 1.3.3. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Generative AI in Creative Industries Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Generative AI in Creative Industries Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Advancements in AI Technology
- 3.1.2. Rising Demand for Personalized Content
- 3.2. Market Challenges
- 3.2.1. Risks Related to Data Breaches
- 3.3. Market Opportunities
- 3.3.1. Integration of AR and VR in Creative Industries
Chapter 4. Global Generative AI in Creative Industries Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Generative AI in Creative Industries Market Size & Forecasts by Deployment Mode 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Generative AI in Creative Industries Market: Deployment Mode Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. On-premise
- 5.2.2. Cloud
Chapter 6. Global Generative AI in Creative Industries Market Size & Forecasts by Type 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Generative AI in Creative Industries Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Text-to-Image Generation
- 6.2.2. Image-to-Image Generation
- 6.2.3. Music Generation
- 6.2.4. Video Generation
- 6.2.5. 3D Modeling and Animation
Chapter 7. Global Generative AI in Creative Industries Market Size & Forecasts by Application 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Generative AI in Creative Industries Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Gaming
- 7.2.2. Film and Television
- 7.2.3. Advertising and Marketing
- 7.2.4. Music and Sound Production
- 7.2.5. Others
Chapter 8. Global Generative AI in Creative Industries Market Size & Forecasts by Region 2022-2032
- 8.1. North America Generative AI in Creative Industries Market
- 8.1.1. U.S. Generative AI in Creative Industries Market
- 8.1.1.1. Deployment Mode breakdown size & forecasts, 2022-2032
- 8.1.1.2. Type breakdown size & forecasts, 2022-2032
- 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Generative AI in Creative Industries Market
- 8.2. Europe Generative AI in Creative Industries Market
- 8.2.1. UK Generative AI in Creative Industries Market
- 8.2.2. Germany Generative AI in Creative Industries Market
- 8.2.3. France Generative AI in Creative Industries Market
- 8.2.4. Spain Generative AI in Creative Industries Market
- 8.2.5. Italy Generative AI in Creative Industries Market
- 8.2.6. Rest of Europe Generative AI in Creative Industries Market
- 8.3. Asia-Pacific Generative AI in Creative Industries Market
- 8.3.1. China Generative AI in Creative Industries Market
- 8.3.2. India Generative AI in Creative Industries Market
- 8.3.3. Japan Generative AI in Creative Industries Market
- 8.3.4. Australia Generative AI in Creative Industries Market
- 8.3.5. South Korea Generative AI in Creative Industries Market
- 8.3.6. Rest of Asia Pacific Generative AI in Creative Industries Market
- 8.4. Latin America Generative AI in Creative Industries Market
- 8.4.1. Brazil Generative AI in Creative Industries Market
- 8.4.2. Mexico Generative AI in Creative Industries Market
- 8.4.3. Rest of Latin America Generative AI in Creative Industries Market
- 8.5. Middle East & Africa Generative AI in Creative Industries Market
- 8.5.1. Saudi Arabia Generative AI in Creative Industries Market
- 8.5.2. South Africa Generative AI in Creative Industries Market
- 8.5.3. Rest of Middle East & Africa Generative AI in Creative Industries Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Synthesis AI, Inc
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Autodesk, Inc.
- 9.3.3. IBM Corporation
- 9.3.4. Unity Software Inc.
- 9.3.5. Epic Games
- 9.3.6. Alphabet
- 9.3.7. OpenAI
- 9.3.8. Microsoft Corporation
- 9.3.9. NVIDIA Corporation
- 9.3.10. Adobe Inc
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes