The Asia Pacific AI Text Generator Market should witness market growth of 18.8% CAGR during the forecast period (2022-2028).
The government is encouraging speech/voice-to-text technology in education. These technologies are used on a wide range of devices, including tablets, smartphones, and computers. For example, in May 2022, academics at Northern Illinois University released a programme to teach students the Nemeth code using speech-to-text API technology (a Braille code for mathematics).
Publishing companies may now cover a wider variety of activities and audiences, including amateur leagues, due to sports reporting automation. Publishing hyper-localized information puts media organizations ahead of the competition by keeping them current and relevant. Many different architectures have been used to create text-to-image models.
Although transformer models have recently gained popularity, text encoding can also be done using recurrent neural networks, such as long short-term memory (LSTM) networks. Conditional generative adversarial networks have been extensively employed during the image generation stage, while diffusion models have also gained popularity recently.
The demand for chatbots is rising as industrialization in the Asian-Pacific area picks up significantly. The growth of the retail and e-commerce industries in developing nations like China, India, Vietnam, Indonesia, the Philippines, Malaysia, Thailand, and Taiwan has increased chatbot adoption and demand. The COVID-19 pandemic witnessed steady growth in the Asia-Pacific chatbot market.
The China market dominated the Asia Pacific AI Text Generator Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $87.3 Million by 2028. The Japan market is estimated to grow a CAGR of 18% during (2022-2028). Additionally, The India market would experience a CAGR of 19.5% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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 government is encouraging speech/voice-to-text technology in education. These technologies are used on a wide range of devices, including tablets, smartphones, and computers. For example, in May 2022, academics at Northern Illinois University released a programme to teach students the Nemeth code using speech-to-text API technology (a Braille code for mathematics).
Publishing companies may now cover a wider variety of activities and audiences, including amateur leagues, due to sports reporting automation. Publishing hyper-localized information puts media organizations ahead of the competition by keeping them current and relevant. Many different architectures have been used to create text-to-image models.
Although transformer models have recently gained popularity, text encoding can also be done using recurrent neural networks, such as long short-term memory (LSTM) networks. Conditional generative adversarial networks have been extensively employed during the image generation stage, while diffusion models have also gained popularity recently.
The demand for chatbots is rising as industrialization in the Asian-Pacific area picks up significantly. The growth of the retail and e-commerce industries in developing nations like China, India, Vietnam, Indonesia, the Philippines, Malaysia, Thailand, and Taiwan has increased chatbot adoption and demand. The COVID-19 pandemic witnessed steady growth in the Asia-Pacific chatbot market.
The China market dominated the Asia Pacific AI Text Generator Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $87.3 Million by 2028. The Japan market is estimated to grow a CAGR of 18% during (2022-2028). Additionally, The India market would experience a CAGR of 19.5% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific AI Text Generator Market, by Application
1.4.2 Asia Pacific AI Text Generator Market, by Component
1.4.3 Asia Pacific AI Text Generator Market, by Industry
1.4.4 Asia Pacific 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. Asia Pacific AI Text Generator Market by Application
3.1 Asia Pacific Text To Text Market by Country
3.2 Asia Pacific Speech/Voice To Text Market by Country
3.3 Asia Pacific Image/Video To Text Market by Country
Chapter 4. Asia Pacific AI Text Generator Market by Component
4.1 Asia Pacific Services Market by Country
4.2 Asia Pacific Solutions Market by Country
Chapter 5. Asia Pacific AI Text Generator Market by Industry
5.1 Asia Pacific E-commerce Market by Country
5.2 Asia Pacific Media & Entertainment Market by Country
5.3 Asia Pacific Social Media & Networking Market by Country
5.4 Asia Pacific Healthcare Market by Country
5.5 Asia Pacific IT & Telecommunication Market by Country
5.6 Asia Pacific Education Market by Country
5.7 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific AI Text Generator Market by Country
6.1 China AI Text Generator Market
6.1.1 China AI Text Generator Market by Application
6.1.2 China AI Text Generator Market by Component
6.1.3 China AI Text Generator Market by Industry
6.2 Japan AI Text Generator Market
6.2.1 Japan AI Text Generator Market by Application
6.2.2 Japan AI Text Generator Market by Component
6.2.3 Japan AI Text Generator Market by Industry
6.3 India AI Text Generator Market
6.3.1 India AI Text Generator Market by Application
6.3.2 India AI Text Generator Market by Component
6.3.3 India AI Text Generator Market by Industry
6.4 South Korea AI Text Generator Market
6.4.1 South Korea AI Text Generator Market by Application
6.4.2 South Korea AI Text Generator Market by Component
6.4.3 South Korea AI Text Generator Market by Industry
6.5 Singapore AI Text Generator Market
6.5.1 Singapore AI Text Generator Market by Application
6.5.2 Singapore AI Text Generator Market by Component
6.5.3 Singapore AI Text Generator Market by Industry
6.6 Malaysia AI Text Generator Market
6.6.1 Malaysia AI Text Generator Market by Application
6.6.2 Malaysia AI Text Generator Market by Component
6.6.3 Malaysia AI Text Generator Market by Industry
6.7 Rest of Asia Pacific AI Text Generator Market
6.7.1 Rest of Asia Pacific AI Text Generator Market by Application
6.7.2 Rest of Asia Pacific AI Text Generator Market by Component
6.7.3 Rest of Asia Pacific 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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