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AI Image Generator Market Trends

Report ID: GMI6355
Published Date: Jul 2024
Report Format: PDF

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AI Image Generator Market Trends

The rapid advancements in generative adversarial networks (GANs) and other deep learning techniques are expected to propel the market. GANs have revolutionized image generation by employing two neural networks including a generator that creates images and a discriminator that checks their authenticity. As research continues to improve GANs, their use in industries such as entertainment, healthcare, and marketing has expanded in recent years.

Additionally, the demand for efficient AI image-creation solutions is surging across sectors due to the increasing need for high-quality visuals. According to a report by the U.S. Bureau of Labor Statistics, the advertising and marketing sector is projected to grow by 6% from 2022 to 2031. These tools empower users to create captivating visuals, offering a faster and more cost-effective alternative to traditional methods.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of AI image generator reached USD 336.6 million in 2023 and will record over 17.5% CAGR from 2023 to 2032, backed by the increasing integration of AI in the e-commerce and retail industry/

AI image generator industry share from the solution segment was worth over USD 238 million in 2023, due to the increasing need for high-quality images for various purposes.

North America market held 35% revenue share in 2023, owing to the increasing adoption of AI in the advertising and marketing industries.

AISEO, Box 20 LLC, CodeSandbox, Craiyon LLC., DeepAI, Jasper.ai, Lightricks, neuroflash, NightCafe Studio, Panabee, LLC., Runway AI, Inc., Starryai., and Dreamstudio.