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Redding, California - October 3, 2024

AI Image Generator Market to be Worth $1093.1 million by 2031

AI Image Generator Market Size, Share, Forecast, & Trends Analysis by Offering (Solutions, Services), Deployment Mode, Application (Personal, Professional), Platform (Web-based, Mobile), End User (Media & Entertainment, Marketing, and Advertising), and Geography - Global Forecast to 2031


Meticulous Research®—a leading global market research company, published a research report titled ‘AI Image Generator Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication, the AI image generator market is expected to reach $1093.1 million by 2031, at a CAGR of 16.4% from 2024 to 2031.

The rising adoption of AI image generator solutions for marketing and advertising activities, as well as the rise in do-it-yourself (DIY) content generation, are driving the growth of the AI image generator market. However, market growth is hindered by issues related to data privacy and the creation of malicious content.

In addition, the growing adoption of AI image generators in the healthcare sector, the increasing integration of generative AI and computer vision for advanced image manipulation, and the growing use of AI image generators by personal users present significant growth opportunities for market players. On the other hand, the market faces major challenges, including concerns with image dimensionality. Moreover, the growing adoption of augmented reality (AR) and virtual reality (VR) in AI image tools is a prominent technology trend in the AI image generator market.

Key Players:

The AI image generator market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the AI image generator market are Microsoft Corporation (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Amazon Web Services, Inc. (A Subsidiary of Amazon.com Inc.) (U.S.), Adobe Inc. (U.S.), OpenAI, L.L.C. (U.S.), Nvidia Corporation (U.S.), Meta Platforms, Inc (U.S.), Databricks, Inc.(U.S.), Vyro LLC (Australia), Jasper AI, Inc. (U.S.), NightCafe Studio Pty Ltd (Australia), Stability AI Ltd (U.K.), Lightricks Ltd. (Israel), Runway AI, Inc. (U.S.), Lumen5 Technologies Ltd (Canada), Craiyon LLC (U.S.), Resleeve B.V. (Netherlands), and starryai, Inc. (U.S.).

The AI image generator market is segmented based on offering, deployment mode, application, platform, and end user. The report also evaluates industry competitors and analyzes the market at the regional and country levels.

Among the offerings studied in this report, the solutions segment is anticipated to hold the dominant position, with a share of 73.0% of the market in 2024. The high adoption of AI image generator solutions among individuals and small businesses is largely due to limited access to professional design services. These solutions enable high-quality image creation while facilitating rapid integration that minimizes human error, ensuring the production of accurate and tailored images. These factors contribute to this segment's dominant position in the AI image generator market.

Among the deployment modes studied in this report, the cloud-based segment is anticipated to hold the dominant position, with a share of 66.0% of the market in 2024. The increasing adoption of cloud-based AI image generators is driven by their ability to deliver regular updates and improvements automatically, eliminating the need for user intervention. Furthermore, these solutions facilitate access for all team members working on the same project from centralized platforms, ensuring consistency and streamlining workflows. These factors support this segment's dominant position in the AI image generator market.

Among the applications studied in this report, the professional/enterprise segment is anticipated to hold the dominant position, with a share of 74.0% of the market in 2024. The rapid growth of AI image generators is driven by enhanced computational resources that enable enterprises to concentrate on strategic tasks instead of managing infrastructure. Additionally, the increasing availability of API access from AI image generator providers allows businesses to seamlessly integrate image generation capabilities into their existing applications and platforms. These factors contribute to the segment's dominant position in the AI image generator market.

Among the platforms studied in this report, the web-based segment is anticipated to hold the dominant position, with a share of 71.0% of the market in 2024. The rapid growth of web-based AI image generator tools is driven by their straightforward download and installation processes, which streamline user experience and save time. Additionally, the accessibility of these tools from any device—be it a computer, tablet, or smartphone—enhances their usability for creating and editing images on the go. These factors significantly contribute to this segment's dominant position in the AI image generator market.

Among the end users studied in this report, the marketing and advertising segment is anticipated to hold the dominant position, with a share of 36.0% of the market in 2024. The rapid growth of AI image generators in marketing and advertising is driven by their ability to produce high-quality images quickly, enabling businesses to respond effectively to current trends and campaigns. Additionally, these generators facilitate the creation of localized and culturally relevant visuals, enhancing engagement with diverse audiences. These factors contribute to this segment's dominant position in the AI image generator market.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, Poland, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Singapore, Australia & New Zealand, Indonesia, Thailand, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, Saudi Arabia, South Africa, Israel, and Rest of Middle East & Africa).

Among the geographies studied in this report, North America is anticipated to hold the dominant position, with a share of 42.0% of the market in 2024. The significant growth of AI image generators in businesses is driving enhanced brand visibility through tailored visual content aimed at specific audiences. Additionally, the rapid integration of these technologies in the healthcare sector and their increasing application in e-commerce for delivering advanced visual experiences and personalized product recommendations are key factors contributing to this segment's leading position in the AI image generator market.

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Key Questions Answered in the Report-

  • What is the value of revenue generated by the sale of AI image generators?
  • At what rate is the global demand for AI image generators projected to grow for the next five to seven years?
  • What is the historical market size and growth rate for the AI image generator market?
  • What are the major factors impacting the growth of this market at global and regional levels?
  • What are the major opportunities for existing players and new entrants in the market?
  • Which offering, deployment mode, application, platform, and end user segments create major traction in this market?
  • What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the AI image generator market?
  • Who are the major players in the AI image generator market? What are their specific product offerings in this market?
  • What recent developments have taken place in the AI image generator market? What impact have these strategic developments created on the market?

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