Global Generative AI In Gaming Market Growth Analysis Forecast 2024 - 2033
12 Jul, 2024
The generative AI in gaming market has experienced exponential growth, climbing from $1.19 billion in 2023 to $1.47 billion in 2024, boasting a CAGR of 23.9%. This growth is driven by factors like increased competition, player-centric content, scalable game design, cost-efficient development, and procedural content generation. Projections suggest further exponential growth, with the market poised to reach $3.39 billion by 2028, fueled by integration into VR and AR games, adaptive game worlds, AI-driven game assistants, and player engagement strategies, alongside trends like AI-generated virtual actors, dynamic storytelling, collaborative AI design, real-time content generation, and integration with game design tools.
Major Driver In The Generative AI In Gaming Market
The generative AI in the gaming market is anticipated to witness remarkable growth driven by the flourishing gaming industry, characterized by its dynamic nature and diverse sectors such as video games and esports. Generative AI technology has emerged as a game-changer within this industry, revolutionizing game development and enhancing player experiences. Reports indicating substantial market valuations and growth in digital game sales underscore the industry's vibrancy and the increasing adoption of generative AI technology. As the gaming industry continues to evolve, the demand for generative AI solutions is expected to soar, driving market expansion and innovation.
Request A Free Sample Of The Global Generative AI In Gaming Market ReportGenerative AI In Gaming Market Competitive Landscape
Google LLC, International Business Machines Corporation, NVIDIA Corporation, Baidu Inc., Microsoft Game Studios, Activision Blizzard Inc., Electronic Arts Inc., Titan AI Inc., Square Enix Holdings Co. Ltd., Ubisoft Entertainment SA, Unity Technologies Inc., Sony Interactive Entertainment LLC, Rockstar Games Inc., SideFX Software Inc., Kata.ai, Pyka Inc., Promethean AI Inc., Sixfold AI Limited, Illumix Inc., Charisma.ai Limited, Bounti Labs Inc., OpenAI LP, Latitude Technologies Inc., Apex Game Tools, AidaMask, Procedural Arts LLC, Martian Lawyers Club Inc., Rival Theory Inc., Latitude Technologies Inc., Selas Studio
Key Generative AI In Gaming Market Trend
Major companies in the generative AI in gaming market are developing advanced products like AI-driven game design tools for competitive advantage. AI-driven game design tools leverage artificial intelligence (AI) to assist in various aspects of game development. For instance, in November 2023, Bitmagic, a UK-based provider of blockchain technology and virtual gaming platforms, launched a generative AI-powered game development platform. This platform allows users to transform game ideas into fully playable 3D games with minimal development experience. By converting text prompts into complete game assets using advanced AI, Bitmagic enables rapid game creation, showcasing its capability to efficiently organize game scenes and assets.
Purchase The Global Generative AI In Gaming Market Report Directly And Get A Swift DeliveryGenerative AI In Gaming Market Segmentation
The generative ai in gaming market covered in this report is segmented –
1) By Technique: Deterministic, Nondeterministic
2) By Function: Image Enhancement, Level Generation, Scenarios And Stories, Balancing In-Game Complexity, Non-Player Characters
3) By End-Users: Game Studios, Developers, Designers, Artists, Other End-Users
By Geography:The regions covered in the generative ai in gaming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the generative AI in gaming market in 2023.
The Generative AI In Gaming Global Market Report 2024 furnishes information about the global generative ai in gaming market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.