Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Research Reports

By 2032, the market for AI in Media & Entertainment is likely to be valued at US$ 4.5 Billion | Future Market Insights, Inc.

Published On :

The global AI in Media & Entertainment market is expected to show a remarkable growth in the forecast period owing to the increasing popularity of OTT platforms and enhanced online gaming experience

NEWARK, Del: From 2022 to 2032, it is anticipated that the AI in media & entertainment market will increase at a compound annual growth rate (CAGR) of 26%, reaching US$ 132.16 billion. The market is anticipated to reach US$ 13.1 billion in 2022, an increase of 26% year over year from 2021. The global adoption of AI in the media and entertainment industry is being fueled by applications in gaming, fake story detection, plagiarism detection, production planning and management, personalization, sales and marketing, talent scouting, and other areas.

The primary driver of the market is the growing acceptance of virtual creation in the media and entertainment industries, as well as its capacity to produce real-time virtual worlds and high-definition images.

The AI in Media & Entertainment market refers to the use of artificial intelligence (AI) technologies such as machine learning, natural language processing, computer vision, and robotics to enhance and automate various processes within the media and entertainment industry. This industry encompasses a wide range of sectors, including film and television, music, gaming, advertising, and publishing.

 

The market for AI in Media & Entertainment is growing rapidly due to advancements in AI technologies and their increasing adoption by media and entertainment companies. Some of the major drivers of this market include the need for personalized content, the increasing demand for high-quality visual effects, the need for automated content production, and the growing popularity of streaming services. 

One of the main applications of AI in Media & Entertainment is in content creation and curation. AI algorithms can analyze large amounts of data to identify patterns and trends, which can help content creators make more informed decisions about what type of content to produce and what topics to cover. AI can also be used to automate certain aspects of content production, such as video editing and post-production.

Key Takeaways from the Market Study  

  • By solution, AI in media & entertainment services to capture 59.2% revenue in 2022  
  • By application, sales & marketing segment to accumulate a revenue share of 21.7% 

“The global AI in Media & Entertainment market is expected to show a remarkable growth in the forecast period owing to the increasing popularity of OTT platforms and enhanced online gaming experience,” says an FMI analyst. 

Competitive Landscape   

Key players in the global AI in Media & Entertainment market include Amazon Web Services, Inc., EMG, Gearhouse South Africa Pty. Ltd., Gravity Media, GrayMeta, International Business Machines Corp., LMG, LLC, Matchroom Sport Ltd., Production Resource Group, L.L.C., Synthesia Ltd., TAIT, Valossa Labs Ltd., Veritone, Inc., Pixellot, PlaySight Interactive Ltd., AISportsWatch GmbH, Spiideo, Sport way AB, EVS Broadcast Equipment S.A., Hudl, Move.ai, AutomaticTV, among others. Some of the recent developments among the players are:  

  • In May 2022, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced the general availability of Amazon Elastic Compute Cloud (Amazon EC2) C7g instances, the next generation of compute-optimized instances powered by AWS-designed Graviton3 processors.  
  • In May 2022, Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced it has entered into a definitive agreement to acquire Gravity R&D, a leading personalization technology company founded in data science. 

Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-14925 

Key Segments Covered in the AI in Media & Entertainment Industry Survey

AI in Media & Entertainment Market by Solution:

  • AI in Media & Entertainment Hardware/Equipment
  • AI in Media & Entertainment AI in Media & Entertainment Services

AI in Media & Entertainment Market by Application:

  • AI in Media & Entertainment in Fake Story Detection
  • AI in Media & Entertainment in Plagiarism Detection
  • AI in Media & Entertainment in Personalization
  • AI in Media & Entertainment in Production Planning & Management
  • AI in Media & Entertainment in Sales & Marketing
  • AI in Media & Entertainment in Talent Identification
  • AI in Media & Entertainment in Content Capture
  • AI in Media & Entertainment in Sports Automatic Productions
    • Video Production
    • Broadcasting & Live Streaming
    • Analytics

AI in Media & Entertainment Market by Region:

  • North America AI in Media & Entertainment Market
  • Latin America AI in Media & Entertainment Market
  • Europe AI in Media & Entertainment Market
  • Asia Pacific AI in Media & Entertainment Market
  • Middle East & Africa AI in Media & Entertainment Market

 

 

Table of Content

  1. Executive Summary

 

    1.1. Global Market Outlook

 

    1.2. Demand-side Trends

 

    1.3. Supply-side Trends

 

    1.4. Technology Roadmap Analysis

 

    1.5. Analysis and Recommendations

 

  1. Market Overview

 

    2.1. Market Coverage / Taxonomy

 

    2.2. Market Definition / Scope / Limitations

 

  1. Market Background

 

    3.1. Market Dynamics

 

        3.1.1. Drivers

 

        3.1.2. Restraints

 

        3.1.3. Opportunity

 

        3.1.4. Trends

View Full Report @ https://www.futuremarketinsights.com/reports/aI-in-media-and-entertainment-market

 

Have a Look at Related Research Reports of Technology

Conversational AI Market Size: The Conversational AI Market is anticipated to grow at a prodigious CAGR of 17.2% during the period of 2022-2032

Social Commerce Market Share: The global social commerce market is anticipated to reach US$ 945.92 billion in 2023. The adoption of social commerce is expected to surpass US$ 13,040.3 billion by 2033

Digital Commerce Platform Market Trends: Expanding at an impressive CAGR of 12.6%, the global digital commerce platform market is projected to surge from a valuation of US$ 3.41 Bn in 2022 to US$ 7.85 Bn by 2029

Digital Commerce Market Analysis: The size of the digital commerce market which was estimated to be worth US$5.58 trillion in 2022 is expected to increase to US$ 22.76 trillion by 2032

Online To Offline Commerce Market Outlook: Online to offline commerce is a business model that draws potential customers from online channels to physical store. Over the years, this idea has evolved with the evolution of e-commerce industry

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.    
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA    
T: +1-845-579-5705    
For Sales Enquiries: sales@futuremarketinsights.com

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts