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AI Image Generator Market Trends

Report ID: GMI6355
Published Date: Jul 2023
Report Format: PDF

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AI Image Generator Market Trends

AI image generators can be integrated with other emerging technologies like virtual assistants, chatbots, and natural language processing systems, expanding their potential use cases. For instance, Microsoft Bing Image Generator, powered by OpenAI's DALL-E 2 model, allows users to create images by simply describing what they want to see to the Bing chatbot. The images are generated in real-time, and users can then share or download them. Similarly, ChatGPT, powered by OpenAI's GPT-3 model, can now generate images based on user prompts. As companies compete to stay ahead in the digital age, adopting AI image generators can provide a competitive edge, enabling them to produce cutting-edge visual content faster and more efficiently.

Authors: Preeti Wadhwani, Anish Pathak

Frequently Asked Questions (FAQ) :

The market size of AI image generator reached USD 213.8 million in 2022 and is set to record over 16.5% CAGR from 2023 to 2032.

AI image generator market share from the software segment recorded USD 140 million in 2022 and is poised to cross USD 650 million by 2032, due to the increasing need for high-quality images for various purposes.

North America market was valued at over USD 70 million in 2022 and is projected to surpass USD 300 million by 2032, owing to the product’s potential to revolutionize various industries, including media, advertising, and e-commerce.

AISEO, Box 20 LLC, CodeSandbox, Craiyon LLC., DeepAI, Jasper.ai, Lightricks, neuroflash, NightCafe Studio, Panabee, LLC., Runway AI, Inc., Starryai., and Dreamstudio.