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Deepfake AI Market Share

Report ID: GMI11947
Published Date: Oct 2024
Report Format: PDF

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Deepfake AI Market Share

Kairos, Reface, and Truepic collectively held a substantial market share of 4% in the deepfake AI industry in 2023. Kairos utilizes cutting-edge facial recognition and deepfake technologies to deliver identity verification and personalized solutions to businesses. Its commitment to the ethical use of AI sets it apart in the competitive landscape. By providing robust APIs, Kairos facilitates the smooth incorporation of face-swapping and recognition features into diverse applications, catering to sectors such as entertainment, security, and marketing.

Reface focuses on intuitive mobile applications, enabling users to craft engaging deepfake content via face-swapping in videos and GIFs. Its widespread appeal can be attributed to its captivating user interface and its tendency to go viral on social platforms. In contrast, Truepic emphasizes content authenticity, equipping users with tools to verify the integrity of images and videos, thereby tackling the rising concerns of misinformation in the digital realm.

Deepfake AI Market Companies

Major players operating in the deepfake AI industry are:

Kairos
Reface
Truepic
DeepBrain
Synthesia
Resemble AI
Wombo
Oz Forensics
iDenfy
BioID

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of deepfake AI reached USD 805.1 million in 2023 and is set to grow at a 26.3% CAGR from 2024 to 2032, driven by the increasing demand for personalized digital experiences.

The software segment, which accounted for 76% of the market share in 2023, is expected to exceed USD 4.9 billion by 2032 due to rapid innovation and increased investment in AI research.

The cloud segment held 68% of the market share in 2023, with organizations favoring cloud-based solutions for their scalability, flexibility, and cost-effectiveness.

The North America market accounted for 42% of the revenue share in 2023 and is expected to exceed USD 2.7 billion by 2032, driven by advancements in AI technology and rising concerns about misinformation and security.

The industry features key players such as Kairos, Reface, Truepic, DeepBrain, Synthesia, Resemble AI, Wombo, Oz Forensics, iDenfy, and BioID, driven by advancements in artificial intelligence and machine learning technologies.