Connect with us

Technology

Global Text-To-Video AI Market Report 2024: With Over 90% of Businesses Embracing Video Marketing, Demand for Tools to Convert Text to Engaging Visual Narratives is on the Rise

Published

on

DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Text-To-Video AI Global Market Report 2024” has been added to  ResearchAndMarkets.com’s offering.

Global Expansion of Text-to-Video AI Market Propelled by Technological Innovations and Increased Social Media Integration

The latest comprehensive research on the burgeoning text-to-video AI market highlights an unprecedented growth trajectory, with the industry experiencing a significant increase in market size from $0.24 billion in 2023 to an estimated $0.31 billion in 2024. Advanced AI technologies, elevated social media consumption, and an increased focus on user engagement have catalyzed this robust market expansion.

The text-to-video AI market is forecast to continue its exponential growth, with projections placing its value at approximately $0.89 billion by 2028. The integration of multilingual capabilities, proliferation of online learning, real-time video generation, and improved visual fidelity are pivotal factors contributing to this sustained growth. Emerging trends such as the merge with voice and speech synthesis and the synergy between VR and text-to-video AI platforms herald a new era of immersive multimedia experiences.

Driving Factors Behind the Market Expansion

An increase in video content utilization across a myriad of domains is significantly driving market growth. With 91% of businesses embracing video marketing, the demand for tools that can convert text to engaging visual narratives is on the rise.The continued growth in social media usage provides a fertile ground for the text-to-video AI market. A staggering 4.8 billion social media users worldwide create an enormous potential audience for AI-generated video content.

Potential challenges, such as the ethical use of AI in content creation, are also being scrutinized. Concerns about the generation of misinformation and deepfakes have sparked a conversation on responsible AI practices and the implementation of ethical standards within the industry.

Innovation remains a cornerstone of market leaders in the text-to-video AI sector. State-of-the-art AI systems such as Make-A-Video are transforming the way creators conceive video content, making the process more streamlined and accessible.

Recent Market Developments

Recent business moves like the acquisition of Crello Ltd. by Vistaprint illustrate the dynamic nature of the market, fostering the creation of comprehensive platforms that significantly enhance the availability and sophistication of visual content creation tools.

The text-to-video AI market report extensively covers various regions, with North America leading the charge in market share dominance in 2023. The report analyses Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, providing invaluable insights into each geographic market pace.

Major industry players shaping the landscape include Google LLC, Alibaba Group Holding Limited, Meta Platforms Inc., IBM, Baidu Inc., and several other prominent entities that are transforming how text-to-video AI services are delivered across diverse sectors.

The comprehensive report takes an in-depth look at the current state of the text-to-video AI industry and forecasts its future, examining key segments, opportunities, and the intricate dynamics governing this fast-paced market.

For businesses, content creators, and technologists, the report sheds light on the transformative potential of text-to-video AI, providing a clear view of the trends and strategies defining the growth of this exciting market. The advanced research offers an unparalleled scope of analysis, ensuring an informed outlook on the industry’s evolution.

Companies Profiled:

GoogleAlibaba Group Holding LimitedMeta Platforms Inc.International Business Machines Corporation (IBM)Baidu Inc.VistaCreateVimeo Inc.Animaker Inc.Vedia AIVyond Inc.Animoto Inc.Powtoon Ltd.Movio Ltd.Ezoic Inc.CreatopySynthesiaRenderforestDe-identification Ltd.Wideo Inc.WavveVideolicious Inc.BiteableWochit Inc.Raw ShortsClipchampDeepBrain AIMoovlyDesigns-ai

For more information about this report visit https://www.researchandmarkets.com/r/tffzu0

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo – https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-text-to-video-ai-market-report-2024-with-over-90-of-businesses-embracing-video-marketing-demand-for-tools-to-convert-text-to-engaging-visual-narratives-is-on-the-rise-302065255.html

SOURCE Research and Markets

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Meiyume (Group) LTD Achieves EcoVadis Gold Rating for 2026, Reinforcing Commitment to Sustainable Beauty

Published

on

By

HONG KONG, May 4, 2026 /PRNewswire/ — Meiyume (Group) LTD has achieved the EcoVadis Gold rating for 2026, with the company being in the 96th percentile globally and among the top-performing companies for sustainability.

EcoVadis evaluates companies across environment, labour and human rights, ethics, and sustainable procurement. The Gold rating reflects Meiyume’s strong performance and continued commitment to embedding sustainability across its supply chain.

A supplier’s commitment to sustainability is increasingly important to brands, as they work to meet rising regulatory requirements and evolving consumer expectations for transparency and responsible practices. In this landscape, choosing the right partners is essential. Partners like Meiyume play a key role in enabling more responsible, future-ready solutions while helping to strengthen sustainability standards across the supply chain.

A Holistic Sustainability Strategy: Meiyume’s 5Ps Framework

Meiyume’s sustainability approach is guided by its 5Ps framework: Product, Process, Places, People, and Principle, ensuring a comprehensive integration across the business:

Product – Advancing sustainable innovation in formulations and packaging

Process – Strengthening responsible sourcing and supply chain practices

Places – Enhancing operational efficiency and environmental performance

People – Fostering an inclusive and supportive workplace

Principle – Upholding strong governance and compliance standards

Sustainability as an Ongoing Journey

While the EcoVadis Gold rating marks an important milestone, Meiyume views sustainability as an ongoing journey. The company remains committed to strengthening its sustainability performance and supporting beauty and personal care brands in achieving their sustainability goals.

About Meiyume:

Formerly LF Beauty, Meiyume offers end-to-end beauty solutions—packaging, ODM, OEM —grounded in sustainability and insights. Powered by it’s Beauty Intelligence Platform and a global sourcing network, Meiyume brings visions to life with agility, intelligence, and responsibility.

https://meiyume.com/
2/F HK Spinners Industrial Building, Phases I & II, 800 Cheung Sha Wan Road, Kowloon, Hong Kong

SOURCE Meiyume

Continue Reading

Technology

Marketna: Launching Smart Arabic Platform for Digital Classified Ads

Published

on

By

DUBAI, UAE, May 4, 2026 /PRNewswire/ — “Marketna” has announced the launch of its new digital classified advertising platform for the Arab world, available through its mobile app and website.

With the slogan “Easy Buy and Sell,” Marketna is a platform connecting buyers and sellers across various sectors, including cars, property, electronics, home furniture and appliances, jobs, and services, enabling users to advertise and sell almost anything.

 

 

The platform, enhanced with artificial intelligence technologies, aims to simplify the online advertising process through a secure and user-friendly environment.

Marketna offers its services in both Arabic and English, currently covering nine Arab countries: the UAE, Saudi Arabia, Egypt, Jordan, Kuwait, Qatar, Oman, Bahrain, and Lebanon. Expansion is underway to include Syria, Iraq, Morocco, Algeria, Tunisia, and Libya, along with the addition of French as a supported language.

This initiative comes as part of Marketna’s vision to become a leading digital e-commerce platform across the Arab world, with a focus on the quality of user experience.

Marketna aims to build an inclusive online community that connects the region’s markets, thereby boosting the prosperity of the Arab digital economy.

Smooth and Easy Classified Ad Creation and Publishing

Marketna is built on four core pillars that make the buying and selling experience unique:

Speed and Simplicity: One-step registration and three-step ad postingSafety and Trust: Focus on protecting user data and privacyPremium Service: Fast ad approval and exceptional customer supportGreater Outreach: Maximum exposure to the target audience

Supporting Individuals and Business Owners

The platform offers individual sellers additional features through a “Premium” membership, granting ongoing benefits such as the ability to publish unlimited ads, extended ad validity, priority in search results, and a special seller badge.

Through a “Business” account, which can be created in just a few minutes, Marketna provides dedicated accounts for small, medium, and large business owners, enabling them to advertise cars and real estate in a professional way.

New users, both individuals and merchants, can post their basic ads for free, and receive exclusive discounts to boost their ads upon upgrading to a “Premium” or “Business Plus” membership, allowing them to reach a larger pool of potential buyers.

An Optimal User Experience via the Marketna Smart App

The Marketna Classified Ads Smart App is available for Android devices on the Google Play Store, allowing users to browse ads and post listings from anywhere, at any time, with the ability to communicate directly through in-app chat.

The app features a simplified, modern, and responsive interface. An iOS version for Apple devices is coming soon, with the goal of supporting all users.

For more information about Marketna and its services, visit the official website at https://marketna.com.

Photo: https://mma.prnewswire.com/media/2963238/Marketna_Classified_Ads.jpg
Logo: https://mma.prnewswire.com/media/2963239/Marketna_Logo.jpg

 

 

View original content:https://www.prnewswire.com/news-releases/marketna-launching-smart-arabic-platform-for-digital-classified-ads-302758903.html

SOURCE Marketna

Continue Reading

Technology

2026 Hong Kong Corporate Gift Purchasing Trends Report: BeGiftHK Reveals “Specialization and Wellness” as the New Standard for Corporate Gifting

Published

on

By

HONG KONG, May 4, 2026 /PRNewswire/ — BeGiftHK, a leading professional corporate gift company in Hong Kong, today officially released the “2026 Corporate Gift Purchasing Trends Report.” The report highlights that following profound changes in corporate culture in the post-pandemic era, the Hong Kong B2B gift market has officially moved away from the “low-price, high-volume” model. It has been replaced by a new purchasing logic centered on “Employee Wellness” and “Brand Specialization.”

Pickleball Customization: The New Corporate Sports Social Favorite of 2026

The most prominent trend highlighted in the report is the strong rise of “sports social gifts.” Data shows that in the first quarter of 2026, inquiries for Pickleball customization equipment surged by 210% compared to the same period last year.

A spokesperson for BeGiftHK analyzed: “In 2026, a corporate gift is no longer just an object; it is a brand touchpoint. Due to its low entry barrier and high participation across all age groups, Pickleball has become the top choice for large enterprises for hosting Team Building and ESG promotion activities. The professional-grade T700 carbon fiber paddles we provide, combined with high-quality customized designs, successfully transform the act of gifting into a highly social brand experience.”

Technology Defines Authority: Full-Color UV Digital Printing Enhances Corporate Image

Regarding the craftsmanship requirements for gift customization, purchasers in 2026 have demonstrated unprecedented attention to detail. The report indicates that over 85% of multinational organizations and financial enterprises prioritize the precision of printing technology when selecting a Hong Kong corporate gift company.

BeGiftHK has addressed the limitations of traditional screen printing, such as the inability to render gradients and high-precision logos, by introducing cutting-edge “Full-Color UV Digital Printing” technology. This commitment to professionalism has led BeGiftHK to frequently receive high praise as a “Souvenir Recommendation of the Year” in various commercial evaluations.

ESG Transformation: From “Green Products” to “Social Responsibility”

The report concludes by emphasizing that ESG factors have permeated every stage of the purchasing decision. In 2026, the demand for “Recycled PET (RPET)” materials and “Sustainable Sports Solutions” among Hong Kong enterprises consistently accounted for over 40% of the market share. Through its robust supply chain accumulated over years of deep cultivation in the Hong Kong market, BeGiftHK not only provides eco-friendly materials but also assists organizations in planning gift solutions with social impact, integrating “ESG narratives” into every exquisite gift box.

Rooted in Hong Kong, Defining the Future

As an established authoritative brand in the market, BeGiftHK, with its keen market insights and excellent execution, has successfully provided one-stop corporate gift customization services for numerous NGOs, educational institutions, and Fortune 500 companies. Looking ahead, the company will continue to drive industry innovation, creating the most valuable brand souvenirs for Hong Kong organizations with a more professional and forward-looking vision.

About BeGiftHK

BeGiftHK is a professional gift solution provider headquartered in Hong Kong. The company is committed to providing customers with closed-loop gift customization services, including design, production, quality inspection, and logistics, through innovative technology and a unique industry perspective. With the core concepts of “Professionalism, Design, and Value,” BeGiftHK is a designated gift partner for many large-scale events and corporate anniversary celebrations in Hong Kong.

Media Inquiries, please contact:

Contact Person: BeGiftHK Customer Service DepartmentCompany Name: Ideas Promotion Ltd (BeGiftHK)Phone: +852 3490 6532Email: info@ideaspromotion.com.hkWebsite: https://begifthk.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/2026-hong-kong-corporate-gift-purchasing-trends-report-begifthk-reveals-specialization-and-wellness-as-the-new-standard-for-corporate-gifting-302758672.html

SOURCE BeGiftHK

Continue Reading

Trending