AI Image Editor Market Trends and Forecast
The future of the global AI image editor market looks promising with opportunities in the artist/individual, enterprise user, and educational user markets. The global AI image editor market is expected to reach an estimated $0.4 billion by 2030 with a CAGR of 10.3% from 2024 to 2030. The major drivers for this market are rising demand for automated image enhancement and manipulation tools, increased use of AI in marketing and social media content creation, and growing need for efficient and cost-effective graphic design solutions.
• Lucintel forecasts that android is expected to witness the highest growth over the forecast period.
• Within this market, artist/individual is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Image Editor Market
• United States: Adobe announced AI-powered updates to its Creative Cloud suite, including enhanced image editing tools. Google introduced new AI capabilities in Google Photos, enhancing editing and organization. The government invested in AI research grants to support innovation in digital media technologies.
• China: Tencent launched a new AI image editing feature within its social media platform WeChat, aiming to increase user engagement. Alibaba Cloud introduced advanced AI image editing services for its e-commerce clients. The Chinese government set targets for AI integration in tech industries, boosting funding and development.
• Germany: SAP collaborated with local startups to integrate AI image editing tools into its enterprise software. The German government announced a strategic plan to support AI research, focusing on applications in digital media. Siemens expanded its AI capabilities for image editing in industrial design applications.
• Japan: Sony unveiled AI-driven image editing features in its latest camera software, targeting professional photographers. Fujitsu launched an AI image enhancement service for healthcare imaging. The Japanese government allocated funds for AI innovation, emphasizing advancements in media and entertainment technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Image Editor Market by Segment
The study includes a forecast for the global AI image editor market by type, application, and region.
AI Image Editor Market by Type [Value from 2018 to 2030]:
• Android
• IOS
• Windows
• Others
AI Image Editor Market by Application [Value from 2018 to 2030]:
• Artists/Individuals
• Enterprise Users
• Educational Users
AI Image Editor Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Image Editor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI image editor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI image editor companies profiled in this report include-
• Corel Corporation
• ACD Systems International
• GIMP
• Canva
• Pixelmator
• Fotor
• Befunky
Recent Development in the AI Image Editor Market
• Adobe Inc.: AI-Powered Features Expansion Adobe has significantly enhanced its suite of AI-powered features in Adobe Photoshop and Lightroom. Their "Neural Filters" use AI to edit images with a high degree of precision, allowing for advanced manipulations like changing facial expressions, transferring styles, and performing complex retouching with ease.
• Canva: AI-Driven Design Tools Canva introduced "Magic Resize" and "Background Remover" tools powered by AI to simplify design processes. These tools automatically adapt designs to different sizes and remove backgrounds from images with a single click, streamlining the workflow for users and expanding CanvaÄX%$%Xs market reach.
• Skylum: Luminar AI Enhancements Skylum launched several updates for Luminar AI, its flagship product. These enhancements include improved AI capabilities for sky replacement, portrait retouching, and landscape enhancement. The AI updates aim to provide professional-grade editing features accessible to users of all skill levels.
• Pixlr: Introduction of Photomash Studio Pixlr announced the launch of Photomash Studio, an AI-based image editor focused on quick and easy creation of professional-looking photos. The tool offers automated background removal, one-click enhancements, and various design templates, catering to social media influencers and small businesses.
• Fotor: AI-Powered Photo Effects Fotor has introduced a range of AI-powered photo effects and editing tools, including the AI Art Generator and enhanced portrait editing features. These tools leverage deep learning algorithms to offer creative effects and professional-quality edits, aiming to attract a broader user base from casual users to professional photographers.
Features of the Global AI Image Editor Market
Market Size Estimates: AI image editor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI image editor market size by type, application, and region in terms of value ($B).
Regional Analysis: AI image editor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI image editor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI image editor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the AI image editor market size?
Answer: The global AI image editor market is expected to reach an estimated $0.4 billion by 2030.
Q2. What is the growth forecast for AI image editor market?
Answer: The global AI image editor market is expected to grow with a CAGR of 10.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the AI image editor market?
Answer: The major drivers for this market are rising demand for automated image enhancement and manipulation tools, increased use of AI in marketing and social media content creation, and growing need for efficient and cost-effective graphic design solutions.
Q4. What are the major segments for AI image editor market?
Answer: The future of the global AI image editor market looks promising with opportunities in the artist/individual, enterprise user, and educational user markets.
Q5. Who are the key AI image editor market companies?
Answer: Some of the key AI image editor companies are as follows:
• Corel Corporation
• ACD Systems International
• GIMP
• Canva
• Pixelmator
• Fotor
• Befunky
Q6. Which AI image editor market segment will be the largest in future?
Answer: Lucintel forecasts that android is expected to witness the highest growth over the forecast period.
Q7. In AI image editor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI image editor market by type (android, iOS, windows, and others), application (artists/individuals, enterprise users, and educational users), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to AI Image Editor Market, AI Image Editor Market Size, AI Image Editor Market Growth, AI Image Editor Market Analysis, AI Image Editor Market Report, AI Image Editor Market Share, AI Image Editor Market Trends, AI Image Editor Market Forecast, AI Image Editor Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.