Press release
AI Image Generator market is projected to reach US$ $534 million by 2028 from an estimated US$ 215 million in 2021, at a CAGR of 16.4% - Valuates Reports
The global AI Image Generator market is projected to reach US$ $534 million by 2028 from an estimated US$ 215 million in 2021, at a CAGR of 16.4% during 2023 and 2028. AI Image generator produces unique, high-quality photographs using artificial intelligence algorithms and technologies. Large datasets of photos and movies were used to train the AI image generator, giving it a thorough understanding of various artistic styles and methods.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-21W12402/Global_AI_Image_Generator_Market_Research_Report_2022
North American market for AI Image Generator is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
Asia-Pacific market for AI Image Generator is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
The global market for AI Image Generator in Personal is estimated to increase from $ million in 2022 to $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
The major global companies of AI Image Generator include NightCafe, Jasper Art, Hotpot, Craiyon, AISEO AI, Midjourney, Deep Dream Generator, Hypotenuse AI and Alphr, etc. In 2021, the world's top three vendors accounted for approximately % of the revenue.
Considering the economic change due to COVID-19, Android, which accounted for % of the global market of AI Image Generator in 2021, is expected to reach US$ million by 2028, growing at a revised CAGR of % from 2022 to 2028.
AI Image Generator Market Trends
AI image generators can create realistic photos and works of art far more quickly than humans. They can assist artists in creating fresh work concepts. A concept artist, for instance, may come up with a lot of concepts for a video game in less than an hour. Even those without technical drawing ability can produce images and artwork. These factors are expected to drive the AI Image Generator market
AI image generators are perfect for marketing applications since they can quickly and simply produce big quantities of images. A designer or artist will pay greater attention to the idea and creativity of an image than to its technical details. This feature will further amplify the growth of the AI Image Generator market.
AI-generated images can also be advantageous for businesses and organizations because they make it easier to develop lifelike simulations for training, advertising campaigns, and other uses. Personalized avatars, 3D models, and other forms of digital media can also be made using AI-generated photos. As a result, AI-generated photos are gradually becoming more common and accessible. In the end, AI-generated photos offer a wide range of possible applications that can be advantageous for both enterprises and individuals.
While using AI-generated photos has a lot of advantages, there are also some drawbacks. The possibility of using AI-generated photos to provide false news or propaganda is one of the main risks. AI technology, for instance, can be used to create lifelike pictures of individuals or events that never actually occurred. Images of this nature can be used to sway public opinion or disseminate misleading information. This factor might hinder the growth of the AI image generator market.
AI Image Generator Market segment by Type
-Android
-iOS
AI Image Generator Market segment by Application
-Personal
-Enterprise
Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-21W12402/global-ai-image-generator
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