AI Image Extender Market Trends and Forecast
The future of the global AI image extender market looks promising with opportunities in the art & design, healthcare, surveillance, satellite imaging, gaming, and photography markets. The global AI image extender market is expected to grow with a CAGR of 23.4% from 2024 to 2030. The major drivers for this market are increasing use of AI in medical imaging and diagnostics, growing adoption of e-commerce based shopping, and rising demand for AI-powered image enhancement in media & entertainment.
• Lucintel forecasts that android is expected to witness higher growth over the forecast period.
• Within this market, art & design 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 Extender Market
• United States: Google announced advancements in AI image enhancement algorithms, focusing on integrating these technologies into their cloud services to aid businesses. The US government also supports AI innovation through increased funding for research and development.
• China: Alibaba unveiled a new AI-powered image extender tool designed to improve e-commerce product images. The Chinese government aims to lead in AI technology by 2030, fostering extensive AI research and development.
• Japan: Sony introduced an AI-based image enhancement feature in its latest camera models, targeting professional photographers. JapanÄX%$%Xs government has set a target to be a global leader in AI applications by promoting industry-academia collaborations.
• Germany: Siemens launched an AI-driven image processing solution for industrial applications. The German government announced incentives for companies investing in AI technologies, aiming to boost the countryÄX%$%Xs position in the AI market.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Image Extender Market by Segment
The study includes a forecast for the global AI image extender market by type, application, and region.
AI Image Extender Market by Type [Value from 2018 to 2030]:
• Android
• iOS
AI Image Extender Market by Application [Value from 2018 to 2030]:
• Art & Design
• Healthcare
• Surveillance
• Satellite Imaging
• Gaming
• Photography
• Others
AI Image Extender Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Image Extender 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 extender companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI image extender companies profiled in this report include-
• Canva
• PicSo
• ExtendImageAI
• Picsart
• Photoleap
• Kapwing
• Fotor
• Phot.AI
• Runway
• 123RF
Recent Development in the AI Image Extender Market
• Google: Google has advanced its AI image enhancement algorithms, focusing on integrating these technologies into its cloud services. This initiative aims to help businesses enhance their visual content and improve user experiences. GoogleÄX%$%Xs continuous investment in AI research is driving innovation in image processing technologies.
• Adobe: Adobe has launched new features in its Photoshop and Lightroom software, powered by AI-based image enhancement tools. These updates include improved image upscaling, noise reduction, and automatic corrections, providing photographers and designers with advanced capabilities to enhance their creative work.
• Alibaba: Alibaba unveiled an AI-powered image extender tool designed to improve product images on its e-commerce platforms. This tool uses machine learning to enhance image quality, ensuring that products are visually appealing to potential buyers. AlibabaÄX%$%Xs focus on AI technology aims to boost sales and customer satisfaction.
• NVIDIA: NVIDIA introduced its AI-powered image scaling and enhancement technologies, integrated into its graphics cards and software solutions. These technologies offer real-time image enhancement for gaming and professional applications, setting new standards for visual fidelity and performance.
• Samsung: Samsung announced the development of AI-based image enhancement features for its latest smartphones and smart TVs. These features include real-time upscaling of video content and improved image clarity, providing users with a superior viewing experience. SamsungÄX%$%Xs commitment to AI innovation is evident in its continuous product enhancements.
Features of the Global AI Image Extender Market
Market Size Estimates: AI image extender market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI image extender market size by type, application, and region in terms of value ($B).
Regional Analysis: AI image extender 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 extender market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI image extender market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI image extender market?
Answer: The global AI image extender market is expected to grow with a CAGR of 23.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI image extender market?
Answer: The major drivers for this market are increasing use of AI in medical imaging and diagnostics, growing adoption of e-commerce based shopping, and rising demand for AI-powered image enhancement in media & entertainment.
Q3. What are the major segments for AI image extender market?
Answer: The future of the AI image extender market looks promising with opportunities in the art & design, healthcare, surveillance, satellite imaging, gaming, and photography markets.
Q4. Who are the key AI image extender market companies?
Answer: Some of the key AI image extender companies are as follows:
• Canva
• PicSo
• ExtendImageAI
• Picsart
• Photoleap
• Kapwing
• Fotor
• Phot.AI
• Runway
• 123RF
Q5. Which AI image extender market segment will be the largest in future?
Answer: Lucintel forecasts that android is expected to witness higher growth over the forecast period.
Q6. In AI image extender 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.
Q7. 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 extender market by type (android and iOS), application (art & design, healthcare, surveillance, satellite imaging, gaming, photography, and others), 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 Extender Market, AI Image Extender Market Size, AI Image Extender Market Growth, AI Image Extender Market Analysis, AI Image Extender Market Report, AI Image Extender Market Share, AI Image Extender Market Trends, AI Image Extender Market Forecast, AI Image Extender Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.