Text-to-Video AI Market

The text-to-video AI market size is projected to grow from USD 0.1 billion in 2022 to USD 0.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 37.1% during the forecast period. The inclusion of data-driven videos on websites to boost conversion rates is driving the growth of the text-to-video AI market.

Top Text-to-video AI Companies include

• Vimeo (US)
• InVideo (US)
• Hour One (Israel)
• Raw Shorts (US)
• DeepBrain AI (South Korea) and many more....

These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches, to expand their presence in the text-to-video AI market.

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Vimeo is a leading all-in-one video software solution that provides the full breadth of video tools through a software-as-a-service (“SaaS”) model. The company provides a single turnkey solution to create, collaborate and communicate with video to solve the challenges of businesses as they face significant barriers to using video, consisting of time, cost, lack of technical expertise and the need to pay for and manage multiple software vendors. Vimeo’s cloud-based software eliminates these barriers and solves essential video needs such as creation, collaboration, distribution, hosting, marketing, monetization, and analytics. The company serves a growing community of over 260 million registered users in over 190 countries. Vimeo users include creative professionals, small businesses, marketers, agencies, schools, non-profits and large organizations.

InVideo aims to re-invent video creation and make it available globally. The company believes that the future of video creation is in the browser, collaborative and easy across devices. InVideo offers more than five thousand unique designer templates and more than nine million premium media also, including iStock, a large audio library for every mood or genre and various customizable features. InVideo has a flexible timeline, and its drag-and-drop editor further improves the user experience of making professional videos instantly on the browser. The company has specialties such as text-to-video, video editing, content creation, media stitching, natural language processing, customized workflows, editorial videos, video making, video production, AI, entertainment, video content, SaaS, and video editing..

Hour One based in Israel, operates in the Text-to-Video AI market, offering innovative solutions for automated video creation from text inputs. Leveraging advanced artificial intelligence and natural language processing technologies, Hour One enables users to generate high-quality, customizable videos swiftly and efficiently. Their platform empowers businesses and content creators to transform written content, such as articles, blog posts, or social media captions, into engaging video content with minimal effort. Hour One's focus on delivering personalized, visually appealing videos aligns with the growing demand for dynamic multimedia content across various digital platforms, including social media, marketing campaigns, and educational resources.

Raw Shorts based in the US, specializes in the Text-to-Video AI market, offering a user-friendly platform for creating professional-quality videos from text content. Their innovative AI-powered software allows users to transform written scripts, blog posts, or presentations into engaging videos quickly and easily. Raw Shorts provides a range of customizable templates, animations, and graphics, enabling businesses, marketers, and educators to produce compelling video content without the need for extensive video editing skills or resources. With a focus on simplicity and efficiency, Raw Shorts caters to the growing demand for visually captivating multimedia content across various digital platforms, including social media, websites, and presentations.

DeepBrain AI headquartered in South Korea, is a key player in the Text-to-Video AI market, offering advanced solutions for converting text into dynamic video content. Leveraging cutting-edge artificial intelligence technologies, DeepBrain AI's platform automates the process of transforming written content into visually compelling videos, catering to the growing demand for engaging multimedia content creation. With a focus on innovation and user experience, DeepBrain AI provides customizable templates, voiceovers, and animations to streamline the video production process, empowering businesses, marketers, and content creators to efficiently produce high-quality videos. Their platform enables users to enhance storytelling and audience engagement across various digital channels, driving the adoption of Text-to-Video AI solutions in the global market.

Related Reports:

Text-to-Video AI Market by Component (Software, Services), Deployment Mode, Organization Size, End User (Corporate Professionals, Content Creators), Vertical (Education, Media & Entertainment, Retail & eCommerce) and Region - Global Forecast to 2027