The Europe AI Text Generator Market should witness market growth of 17.0% CAGR during the forecast period (2022-2028).
The main companies offer service-based AI text generators. For example, Open AI's APIs have been utilized in tens of thousands of applications to do everything from solve difficult classification problems to help users learn new languages.
API enables programmers to test apps before they are released, continuously enhance security features, scale their applications over time, and comprehend the impacts of their technology. Text-to-text models are trained to identify similarities and differences between two texts, such as when translating between languages.
Text-to-text models are designed to be multitasking computers, so they can do a variety of tasks like summarising, translating, and classifying texts. For example, QuillBot (Course Hero), LLC offers the program QuillBot for producing text-to-text content quickly.
Currently, the European market is dominated by top technology companies. The use of smart speakers in European nations like the United Kingdom, Germany, and France is likely to continue to expand in the upcoming years. In addition, increasing investment in developing voice technology in the region would help the emergence of innovative solutions. As the competition is rising, companies are more focused on their advertising and marketing business.
The Germany market dominated the Europe AI Text Generator Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $64 Million by 2028. The UK market is anticipated to grow at a CAGR of 16.1% during (2022-2028). Additionally, The France market would exhibit a CAGR of 17.9% during (2022-2028).
Based on Application, the market is segmented into Text To Text, Speech/Voice To Text and Image/Video To Text. Based on Component, the market is segmented into Services and Solutions. Based on Industry, the market is segmented into E-commerce, Media & Entertainment, Social Media & Networking, Healthcare, IT & Telecommunication, Education and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AI Writer Technologies FZ-LLC, CopyAI, Inc., Frase, Inc. (Copysmith Artificial Intelligence, Inc.), HyperWrite (OthersideAI, Inc.), INK Content, Inc., Jasper, Inc., Humanity Plus Technologies Private Limited (LongShot.AI), OpenAI, L.L.C., Pepper Content Pvt. Ltd., and Writesonic, Inc.
The main companies offer service-based AI text generators. For example, Open AI's APIs have been utilized in tens of thousands of applications to do everything from solve difficult classification problems to help users learn new languages.
API enables programmers to test apps before they are released, continuously enhance security features, scale their applications over time, and comprehend the impacts of their technology. Text-to-text models are trained to identify similarities and differences between two texts, such as when translating between languages.
Text-to-text models are designed to be multitasking computers, so they can do a variety of tasks like summarising, translating, and classifying texts. For example, QuillBot (Course Hero), LLC offers the program QuillBot for producing text-to-text content quickly.
Currently, the European market is dominated by top technology companies. The use of smart speakers in European nations like the United Kingdom, Germany, and France is likely to continue to expand in the upcoming years. In addition, increasing investment in developing voice technology in the region would help the emergence of innovative solutions. As the competition is rising, companies are more focused on their advertising and marketing business.
The Germany market dominated the Europe AI Text Generator Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $64 Million by 2028. The UK market is anticipated to grow at a CAGR of 16.1% during (2022-2028). Additionally, The France market would exhibit a CAGR of 17.9% during (2022-2028).
Based on Application, the market is segmented into Text To Text, Speech/Voice To Text and Image/Video To Text. Based on Component, the market is segmented into Services and Solutions. Based on Industry, the market is segmented into E-commerce, Media & Entertainment, Social Media & Networking, Healthcare, IT & Telecommunication, Education and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AI Writer Technologies FZ-LLC, CopyAI, Inc., Frase, Inc. (Copysmith Artificial Intelligence, Inc.), HyperWrite (OthersideAI, Inc.), INK Content, Inc., Jasper, Inc., Humanity Plus Technologies Private Limited (LongShot.AI), OpenAI, L.L.C., Pepper Content Pvt. Ltd., and Writesonic, Inc.
Scope of the Study
By Application
- Text To Text
- Speech/Voice To Text
- Image/Video To Text
By Component
- Services
- Solutions
By Industry
- E-commerce
- Media & Entertainment
- Social Media & Networking
- Healthcare
- IT & Telecommunication
- Education
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- AI Writer Technologies FZ-LLC
- CopyAI, Inc.
- Frase, Inc. (Copysmith Artificial Intelligence, Inc.)
- HyperWrite (OthersideAI, Inc.)
- INK Content, Inc.
- Jasper, Inc.
- Humanity Plus Technologies Private Limited (LongShot.AI)
- OpenAI, L.L.C.
- Pepper Content Pvt. Ltd.
- Writesonic, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe AI Text Generator Market, by Application
1.4.2 Europe AI Text Generator Market, by Component
1.4.3 Europe AI Text Generator Market, by Industry
1.4.4 Europe AI Text Generator Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe AI Text Generator Market by Application
3.1 Europe Text To Text Market by Country
3.2 Europe Speech/Voice To Text Market by Country
3.3 Europe Image/Video To Text Market by Country
Chapter 4. Europe AI Text Generator Market by Component
4.1 Europe Services Market by Country
4.2 Europe Solutions Market by Country
Chapter 5. Europe AI Text Generator Market by Industry
5.1 Europe E-commerce Market by Country
5.2 Europe Media & Entertainment Market by Country
5.3 Europe Social Media & Networking Market by Country
5.4 Europe Healthcare Market by Country
5.5 Europe IT & Telecommunication Market by Country
5.6 Europe Education Market by Country
5.7 Europe Others Market by Country
Chapter 6. Europe AI Text Generator Market by Country
6.1 Germany AI Text Generator Market
6.1.1 Germany AI Text Generator Market by Application
6.1.2 Germany AI Text Generator Market by Component
6.1.3 Germany AI Text Generator Market by Industry
6.2 UK AI Text Generator Market
6.2.1 UK AI Text Generator Market by Application
6.2.2 UK AI Text Generator Market by Component
6.2.3 UK AI Text Generator Market by Industry
6.3 France AI Text Generator Market
6.3.1 France AI Text Generator Market by Application
6.3.2 France AI Text Generator Market by Component
6.3.3 France AI Text Generator Market by Industry
6.4 Russia AI Text Generator Market
6.4.1 Russia AI Text Generator Market by Application
6.4.2 Russia AI Text Generator Market by Component
6.4.3 Russia AI Text Generator Market by Industry
6.5 Spain AI Text Generator Market
6.5.1 Spain AI Text Generator Market by Application
6.5.2 Spain AI Text Generator Market by Component
6.5.3 Spain AI Text Generator Market by Industry
6.6 Italy AI Text Generator Market
6.6.1 Italy AI Text Generator Market by Application
6.6.2 Italy AI Text Generator Market by Component
6.6.3 Italy AI Text Generator Market by Industry
6.7 Rest of Europe AI Text Generator Market
6.7.1 Rest of Europe AI Text Generator Market by Application
6.7.2 Rest of Europe AI Text Generator Market by Component
6.7.3 Rest of Europe AI Text Generator Market by Industry
Chapter 7. Company Profiles
7.1 Jasper, Inc.
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Partnerships, Collaborations, and Agreements:
7.1.2.2 Acquisition and Mergers:
7.2 Pepper Content Pvt. Ltd.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 Writesonic, Inc.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.4 Frase, Inc. (Copysmith Artificial Intelligence, Inc.)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.5 AI Writer Technologies FZ-LLC
7.5.1 Company Overview
7.6 CopyAI, Inc.
7.6.1 Company Overview
7.7 HyperWrite (OthersideAI, Inc.)
7.7.1 Company Overview
7.8 INK Content, Inc.
7.8.1 Company Overview
7.9 Humanity Plus Technologies Private Limited (LongShot.AI)
7.9.1 Company Overview
7.10. OpenAI, L.L.C.
7.10.1 Company Overview
Companies Mentioned
- AI Writer Technologies FZ-LLC
- CopyAI, Inc.
- Frase, Inc. (Copysmith Artificial Intelligence, Inc.)
- HyperWrite (OthersideAI, Inc.)
- INK Content, Inc.
- Jasper, Inc.
- Humanity Plus Technologies Private Limited (LongShot.AI)
- OpenAI, L.L.C.
- Pepper Content Pvt. Ltd.
- Writesonic, Inc.
Methodology
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