New York, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Overview:
The Artificial Intelligence (AI) Image Generator Market size is expected to reach USD 419.2 million by 2024 and is further anticipated to reach USD 1,880.3 million by 2033 according to Dimension Market Research. The market is anticipated to register a CAGR of 18.1% from 2024 to 2033.
Artificial intelligence or AI image generators provide efficient & cost-effective solutions for creating high-quality visual content, like images, graphics, and illustrations, to meet the increase in demand. Further, they can generate realistic & visually stunning computer-generated imagery (CGI) elements, like virtual environments, creatures, and simulations.
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The US Overview
The Artificial Intelligence (AI) Image Generator Market in the US is projected to reach USD 131.2 million in 2024 at a compound annual growth rate of 17.0% over its forecast period.
In the US, the AI image generator market benefits from an increase in the utilization of personalized marketing, advanced generative models, and integration with AR/VR technologies. Expanding adoption of e-commerce and entertainment also drives market potential. However, challenges like high computational costs and concerns over ethical use and copyright issues could hinder broader adoption and development.
Important Insights
Global Artificial Intelligence (AI) Image Generator Market: Trends
Artificial Intelligence (AI) Image Generator Market: Competitive Landscape
The AI Image Generator Market is highly competitive, with companies competing to innovate by integrating advanced AI technologies, enhancing customization, and enhancing image quality. Fast developments in machine learning and deep learning drive the demand for unique features, ease of use, and scalability. As demand increases across industries, competition intensifies, resulting in frequent updates and new offerings.
Some of the major players in the market include NVIDIA, Adobe, Microsoft, Google, AWS, Simplified, Runway AI, and more.
Some of the prominent market players:
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Artificial Intelligence (AI) Image Generator Market Scope
Report Highlights | Details |
Market Size (2024) | USD 419.2 Mn |
Forecast Value (2033) | USD 1,880.3 Mn |
CAGR (2024-2033) | 18.1% |
The US Market Size (2024) | USD 131.2 Mn |
North America Revenue Share (2024) | 36.1% |
Historical Data | 2018 - 2023 |
Forecast Data | 2024 - 2033 |
Base Year | 2023 |
Estimate Year | 2024 |
Segments Covered | By Offering, By Application, By End Use |
Regional Coverage | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Segment Analysis:
Image generation is expected to be driving the growth of the AI Image Generator Market in 2024 by allowing the scalable creation of high-quality, personalized visuals, which allows businesses to produce distinctive content customized to specific audiences, improving engagement and brand visibility in industries like advertising, e-commerce, and entertainment.
AI image generators simplify creative workflows, reduce costs, and speed up time-to-market for visual content. In addition, the rise of high-resolution images is enhancing content quality, meeting the demand for lifelike visuals, and boosting effectiveness in advertising, media, and e-commerce by enhancing user experience and engagement.
Artificial Intelligence (AI) Image Generator Market Segmentation
By Offering
By Application
By End Use
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Global Artificial Intelligence (AI) Image Generator Market: Driver
Global Artificial Intelligence (AI) Image Generator Market: Restraints
Global Artificial Intelligence (AI) Image Generator Market: Opportunities
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Regional Analysis
North America is anticipated to lead the AI image generator market with a 36.1% revenue share in 2024, driven by its increase in the usage of advertising and marketing to develop engaging content and improve brand visibility. AI's ability to scale personalized content based on consumer data further fuels this growth. Also, in Europe, advanced technologies in creative industries are enhancing market expansion, as companies streamline content creation across media & design sectors. In addition, in Asia-Pacific, the growth in AI adoption in e-commerce, gaming, and entertainment is spurring demand for AI image generators, aiding in the production of tailored and culturally relevant content.
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Recent Developments in the Artificial Intelligence (AI) Image Generator Market
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