Overview and Scope
Generative AI in movies refers to the application of artificial intelligence
technologies, particularly generative algorithms, in the creation and
enhancement of various aspects of filmmaking, such as scriptwriting, visual
effects, and even character design. These advancements harness machine learning
to automate and augment creative processes, shaping the future of cinema.
Sizing and Forecast
The generative AI in movies market size has grown exponentially in recent
years. It will grow from $0.26 billion in 2023 to $0.32 billion in 2024 at a
compound annual growth rate (CAGR) of 24%.
The growth in the historic period can be attributed to decreased labor
costs, increased efficiency, improved creativity, enhanced visual effects, and
creative exploration.
The generative AI in movies market size is expected to see exponential growth
in the next few years. It will grow to $0.77 billion in 2028 at a compound
annual growth rate (CAGR) of 24.1%. The
growth in the forecast period can be attributed to interdisciplinary influence,
audience acceptance, ethical considerations, algorithmic improvements,
computational power, data availability and quality. Major trends in the
forecast period include real-time script adaptation, virtual actor creation,
AI-enhanced visual effects, predictive analytics for box office success,
AI-driven film restoration and remastering, emotionally intelligent AI
characters.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/generative-ai-in-movies-global-market-report
Segmentation & Regional Insights
The generative ai in movies market covered in this report is segmented –
1) By Type: Content Generation, Visual Effects, Postproduction And Editing,
Budget Optimization, Audience Engagement, Creative Inspiration
2) By Deployment: Cloud-Based, Hybrid
3) By Application: Filmmaking And Production, Virtual Reality (VR) And
Augmented Reality (AR), Marketing And Promotion, Movie Recommendation
North America was the largest region in the generative AI in movies market in
2023. Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the generative AI in movies market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the
report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15061&type=smp
Major Driver Impacting Market Growth
An increase in consumer entertainment spending is expected to propel the growth
of the generative AI in movies market going forward. Consumer entertainment
spending refers to the amount of money individuals and households spend on
entertainment activities for personal use and enjoyment. Generative AI tools
can automate repetitive tasks in the movie production pipeline, such as scene
generation, scriptwriting, and visual effects rendering. This automation speeds
up the production process, allowing filmmakers to bring their visions to life
more quickly and efficiently.
Key Industry Players
Major companies operating in the generative AI in movies market report are Sony
Corporation; NVIDIA Corporation; Adobe Inc; Autodesk Inc; Midjourney Inc; WĒTĀ
FX LIMITED; Stability AI; Hugging Face Inc.; Synthesia Limited; Runway AI Inc;
AI21 Labs; Aleph Alpha; Deepdub Inc; DeepBrain AI Inc; SoluLab Inc; Fable
Studio; Inworld AI; Wonder Dynamics; Accubits Technologies Inc; Kaliber Labs
Inc; Luma AI Inc; OpenAI Inc; ScriptBook; ElevenLabs
The generative ai in movies market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment