The
global AI
Text Generator Market size is expected to reach USD 1.40 billion by 2030,
according to a new report by Grand View Research, Inc. The market is
anticipated to grow at a CAGR of 17.3% from 2022 to 2030. Artificial
Intelligence (AI) text generator is a versatile tool used in a wide range of
industries by large media houses for various purposes like creating blog
content, web page content, writing articles on specific topics, and more. The
time- and money-saving feature of this tool is expected to augment the
industry’s growth as AI text generators create texts within seconds. For
instance, TextCortex generator is one of the software used for creating blog
posts within seconds just by entering a few keywords.
The
extraordinary advancement of artificial intelligence and machines based on AI
text generators has energized people and businesses to achieve the absurd. It
is no longer a far-off vision; artificial intelligence is now a vital part of
daily lives, assisting humans in countless situations, sometimes without even
realizing it. AI text generators generate texts from structured big data, they
can recognize both patterns and trends based on what has been written so far by
humans and suggest new ideas to create more and sometimes even better texts. To
do so, the AI collects countless information from existing content, such as
websites, search engines, or even videos on the internet.
AI
text generators are a fairly new advancement in technology that offers
bloggers, content managers, and even journalists an entirely new way to create
content. AI content tools are even being described as a revolutionary
advancement for content creation and SEO. AI text generator is a genuinely
viable option for content creators which is augmenting the market growth. For
instance, Article Forge can automatically generate an entire article with just
keywords. This tool can even be used to automate a large part of the content
production process for websites.
Related Press
Release@ AI
Text Generator Market Report
List of Key Players in the AI Text Generator Market
- AI Writer
- AX Semantics
- CopyAI, Inc.
- Copysmith
- Frase, Inc
- Hyperwrite
- INK
- Jasper, INC
- OpenAI
- Pepper
Content Pvt. Ltd.
- Rytr LLC
- Writesonic,
Inc.
AI Text Generator Market Report Highlights
- The global
market accounted for USD 335.1 million in 2021 and is expected to grow at
a CAGR of 17.3% from 2022 to 2030
- The
speech-to-text segment emerged as the fastest-growing segment over the
forecast period
- Service
emerged as the largest segment in 2021 and is estimated to generate
revenue of over USD 1.07 billion by 2030
- The North America
market held the largest share in 2021. The adoption of AI across various
industries is expected to augment the market growth
Related Reports@
AI Text Generator Market Report Scope
|
Report Attribute |
Details |
|
Market size value in 2022 |
USD 392.0 million |
|
Revenue forecast in 2030 |
USD 1.40 billion |
|
Growth Rate |
CAGR of 17.3% from 2022 to 2030 |
|
Base year for estimation |
2021 |
|
Historical data |
2017 - 2020 |
|
Forecast period |
2022 - 2030 |
AI Text Generator Market Segmentation
Grand
View Research has segmented the global AI text generator market based on
component, application, end-use, and region:
AI Text Generator Component Outlook (Revenue, USD
Billion, 2017 - 2030)
- Solutions
- Services
AI Text Generator Application Outlook (Revenue, USD
Billion, 2017 - 2030)
- Text To Text
- Speech/Voice
To Text
- Image/Video
To Text
AI Text Generator End-use Outlook (Revenue, USD Billion,
2017 - 2030)
- Media &
Entertainment
- Healthcare
- Education
- IT &
Telecommunication
- Social Media
& Networking
- E-commerce
- Others
AI Text Generator Regional Outlook (Revenue, USD Billion,
2017 - 2030)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- South
America
- Brazil
- Middle East
& Africa
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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