AI Video Generator Market Projected to Reach USD 4,018.11 Million by 2034, Growing at a CAGR of 19.7%

The global AI Video Generator market was valued at USD 663.46 million in 2024,and it is projected to grow to USD 4,018.11 million by 2034. During the forecast period from [2025-2034], the market is estimated to rise at a compound annual growth rate (CAGR) of 19.7%. This upward trajectory is largely fueled by The AI video generator market centers on the development and use of artificial intelligence technologies—such as deep learning, natural language processing, and generative models—to automate the process of video creation.

Market Definition

Involves AI-powered software that automatically creates videos from text, images, or data, used in content marketing, education, and media production.

Key Report Highlights

· The report highlights the key region that accounts for the highest revenue share in the global AI Video Generator market.

· It identifies the leading country within this region that makes a significant contribution to the market’s overall performance.

· The report outlines the dominant segment that holds a major share of the market.

· It also emphasizes the fastest-growing segment projected to gain strong traction during the forecast period.

· Qualitative and quantitative market analysis have been used to provide an in-depth understanding of the market.

Market Overview: Key Figures at a Glance

· Market Value in [2024]: USD 663.46 million

· Projected Market Size in [2034]: USD 4,018.11 million

· Anticipated CAGR ([2034]): [19.7]%

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Market Growth Drivers

Growing Demand for Automated Content Creation
The growing demand for automated content creation is significantly propelling the AI video generator market, as businesses across sectors adopt AI-powered tools for marketing, education, and entertainment. For example, in October 2024, Meta introduced Meta Movie Gen—a suite of advanced AI models that allow users to generate videos and sound from text prompts, modify existing clips, and transform personal images into unique video content. AI enables companies to rapidly produce personalized advertisements, social media posts, and promotional videos, improving audience engagement while cutting production costs. In the education sector, AI simplifies the creation of instructional videos and virtual learning environments. Meanwhile, in entertainment, AI tools are increasingly used for generating trailers, animations, and editing content automatically.

Market Key Players

The competitive landscape features a mix of long-standing companies and emerging contenders. Leading players are actively pursuing R&D initiatives and strategic moves to strengthen their market position. Notable participants include