Artificial Intelligence (AI) for Insurance Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The artificial intelligence (AI) image generator market size has grown rapidly in recent years. It will grow from $0.37 billion in 2024 to $0.44 billion in 2025 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to rising development in AI technology, increasing supportive initiatives by the government, growing acceptance of AI-powered virtual assistants, rising versatility of AI-generated images, integration of AI image generators into Android and iOS.

The artificial intelligence (AI) image generator market size is expected to see rapid growth in the next few years. It will grow to $0.84 billion in 2029 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to increasing demand for visual content, integration with AR and VR, the rise of e-commerce and online shopping, rising adoption of digital transformation initiatives, the increasing reliance on visual content in social media, and digital marketing. Major trends in the forecast period include high-resolution image generation, text-to-image synthesis, style transfer and image manipulation, interactive and real-time image generation, conditional image generation.

The increasing demand for visual and performing arts is expected to drive the growth of the artificial intelligence (AI) image generator market in the coming years. Visual and performing arts encompass various creative fields that focus on the creation of works meant to be appreciated for their aesthetic qualities or performed live for an audience. AI image generators offer artists new sources of inspiration by generating unique and innovative visual concepts, which can serve as starting points for their creative projects. For example, in November 2023, the National Center for Science and Engineering Statistics, a US-based statistical agency, reported that research and development (R&D) expenditures in visual and performing arts grew to $225 million in FY 2022, up from $178 million in 2021. Therefore, the rising demand for visual and performing arts is contributing to the growth of the AI image generator market.

Innovative strides within the artificial intelligence (AI) image generator market are being led by major industry players, exemplified by the development of groundbreaking products such as DALL-E 3. DALL-E 3 represents a transformative advancement leveraging deep learning techniques to generate digital images based on natural language descriptions. For instance, in October 2023, OpenAI introduced DALL-E 3, the latest iteration of its text-to-image model. This iteration showcases notable improvements in comprehending and translating textual prompts into intricate visual outputs with enhanced detail and accuracy. DALL-E 3 marks a significant milestone in AI-driven image generation, offering enhanced capabilities and a seamless user experience to drive innovation across various industries and creative endeavors.

In July 2023, Databricks, a prominent US-based software company offering a unified platform for data, analytics, and AI solutions, completed the acquisition of MosaicML for an undisclosed sum. This strategic move is geared towards equipping enterprise clients with enhanced capabilities to develop Large Language Models (LLMs) in a more secure and cost-effective manner, along with generative AI models, including LLMs leveraging proprietary data. MosaicML, a leading generative AI platform based in the United States, specializes in providing AI image generation solutions, thereby complementing Databricks' offerings and bolstering its position in the AI landscape.

Major companies operating in the artificial intelligence (AI) image generator market report are Google LLC, Samsung Group, Microsoft Corporation, The International Business Machines Corporation, Nvidia Corporation, Adobe Inc., Craiyon LLC, Midjourney, OpenAI, Stability AI, Jasper.ai, Anthropic PBC, Alphr Technology Limited, Runway AI Inc., CodeSandbox B.V., DeepAI, Panabee LLC., WOMBO Dream, Hotpot, Pixray, Neuroflash, Hypotenuse AI, AISEO AI, StarryAI.

North America was the largest region in the AI image generator market in 2024. The regions covered in the artificial intelligence (ai) image generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the artificial intelligence (ai) image generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The AI image generator market includes revenues earned by entities by providing services such as generative adversarial networks, image-to-image translation, super-resolution services and image editing automation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The AI image generator market also includes sales of graphics processing units (GPUs), tensor processing units (TPUs), and central processing units (CPUs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

AI image generators utilize advanced machine learning algorithms, particularly artificial neural networks, to produce images from textual input provided in natural language. These tools provide significant advantages to content creators, marketers, and creatives, including increased productivity, the creation of unique images, enhanced design control, and the delivery of high-quality outputs.

The primary components of AI image generators include software and services. AI image generator software encompasses computer programs or applications that leverage artificial intelligence algorithms, specifically deep learning techniques, to generate images. These technologies utilize various methods such as natural language processing (NLP), computer vision, audio generation, and mixed media generation to cater to both personal and enterprise applications across sectors such as advertising, healthcare, gaming, fashion, e-commerce, and beyond.

The artificial intelligence (AI) image generator market research report is one of a series of new reports that provides artificial intelligence (AI) image generator market statistics, including artificial intelligence (AI) image generator industry global market size, regional shares, competitors with a artificial intelligence (AI) image generator market share, detailed artificial intelligence (AI) image generator market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) image generator industry. This artificial intelligence (AI) image generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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