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The AI image generator market from software segment dominated around USD 140 million revenue in 2022 and is set to cross USD 650 million by 2032, due to the increasing need for high-quality images for various purposes. Businesses, especially those in the e-commerce sector, require high-definition images to showcase their products and attract customers. AI-powered image generators are also used in the film and gaming industries to create realistic special effects and backgrounds. Additionally, an escalating requirement for visually appealing images across social media platforms and websites to increase user engagement will contribute to the growing demand for AI image generator software.
The media & entertainment held a AI image generator market share of 26.6% in 2022 and will reach USD 250 million by 2032, driven by their ability to efficiently produce high-quality visual content, streamline creative processes, and offer innovative solutions for visual storytelling. These AI-powered tools empower generators with time and cost-effective options to generate diverse and engaging visuals, enhance visual effects, and explore new creative possibilities, making them valuable assets in the competitive landscape of content creation and digital media.
The North America AI image generator market size accounted for USD 70 million in 2022 and will surpass USD 300 million by 2032, attributed to their potential to revolutionize various industries, including media, advertising, and e-commerce. With companies like Adobe, NVIDIA, and OpenAI actively developing and promoting AI-powered image creation tools, North American businesses are increasingly adopting these solutions to stay ahead in the competitive landscape. Moreover, the region's strong research institutions and tech-driven culture foster a conducive environment for the development and adoption of cutting-edge AI technologies, further boosting their popularity.