Artificial Intelligence (AI) in Media & Entertainment Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global AI in media & entertainment market is anticipated to grow at a CAGR of 12.8% during the forecast period (2023-2030). The rise in the consumption of gaming and animated products encourages the utilization of AI-powered tools in gaming and animation sectors. These tools are used to generate more realistic features and actions of the animated character by enhancing the synchronization of lip movements with voice-overs, accurate facial expressions, and detailed body movements. Hence, the increase in content generated and the advancements of the sub-fields in the media and entertainment industry will propel the expansion of AI in the media and entertainment. Especially the news industry is rapidly evolving with the aid of artificial intelligence (AI). For instance, In April 2023, an Indian media group unveiled its first full-time artificial intelligence (AI) news anchor, a bot named Sana who presents news updates several times a day. The AI-powered reporter appears on the India Today Group’s Aaj Tak news channel.

In addition, the adoption of AI in the media and entertainment industry has been growing with an increase in customer demand for more flexibility, choice, personalization, and access to unlimited content. For instance, in June 2023, YouTube made the announcement at Vidcon, building on an initial prototype by Aloud, an AI-powered dubbing service. The streaming giant confirmed it will work with Aloud’s team to integrate the dubbing functionality into its offering. AI platform will transcribe the audio, allowing creators to review and edit the text before the final dubbing. Aloud’s services are limited to English, Spanish, and Portuguese, but Hanif clarified that the service will be extended to other languages in the coming months. Nevertheless, creators may leverage the tool to include multi-language dubs into their videos, a giant step from YouTube’s expansive subtitling options.

To Request a Sample of our Report on Artificial Intelligence (AI) in Media & Entertainment Market:  https://www.omrglobal.com/request-sample/ai-in-media-and-entertainment-market

Market Coverage

•                 The market number available for – 2022-2030

•                 Base year- 2022

•                 Forecast period- 2023-2030

Segment Covered- 

·                  By Solutions

·                  By Application

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

•                 Competitive Landscape- includes, AISportsWatch GmbH, AutomaticTV, EMG Group Plc, EVS Broadcast Equipment S.A., Gearhouse Group., Gravity Media, and others.

 AI in Media & Entertainment Market Report Segment

By Solution

•                 Hardware/ Equipment

•                 Services

By Application

•                 Gaming

•                 Sports Automatic Productions (Video Production, Broadcasting & Live Streaming and Analytics)

•                 Sales and Marketing

•                 Content Capture

•                 Personalization

•                 Other (Talent Identification, Fake Story Recognition and Plagiarized Detection)

A full Report of Artificial Intelligence (AI) in Media & Entertainment Market is Available @  https://www.omrglobal.com/industry-reports/ai-in-media-and-entertainment-market

AI in Media & Entertainment Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

·        AISportsWatch GmbH

·        AutomaticTV

·        EMG Group Plc

·        EVS Broadcast Equipment S.A.

·        Gearhouse Group

·        Gravity Media

·        GrayMeta Inc.

·        International Business Machines Corp.

·        LMG, LLC

·        Matchroom Sport Ltd.

·        PlaySight Interactive Ltd.

·        Production Resource Group, LLC

·        Sportway AB

·        Synthesia Ltd.

·        Valossa Labs Ltd.

·        Veritone, Inc.

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ai-in-media-and-entertainment-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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