Selbyville, Delaware, Dec. 04, 2024 (GLOBE NEWSWIRE) --
The deepfake AI market valuation is predicted to reach USD 6.22 billion by 2032, reported in a research analysis by Global Market Insights Inc.
This growth is largely driven by the increasing demand for personalized digital experiences, which is pushing innovation in synthetic media. Businesses are leveraging deepfake technology to create tailored content that engages users more effectively, leading to improved customer interaction and brand loyalty. Industries such as entertainment and marketing are at the forefront of this trend, utilizing deepfake-powered storytelling and interactive campaigns to capture attention and drive engagement.
Ongoing developments in AI& ML are significantly enhancing the capabilities of synthetic media tools, resulting in more accurate and realistic deepfake content. These innovations are expanding adoption across multiple sectors and encouraging increased investment in research and development. Enhanced algorithms not only improve the quality of generated content but also strengthen detection capabilities, addressing concerns over misinformation and fostering trust in digital media platforms.
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The deepfake AI market is segmented by solutions into software and services. In 2023, the software segment dominated the market with a 76% share and is projected to surpass USD 4.9 billion by 2032. The software sector is undergoing rapid development, focusing on user-friendly interfaces and advanced algorithms for generating and detecting deepfakes. As concerns about misinformation grow, so does the demand for reliable detection software, further driving market growth.
When looking at deployment, the market is categorized into cloud and on-premises solutions. In 2023, cloud-based solutions accounted for 68% of the deepfake AI market, with organizations favoring them for their scalability, flexibility, and cost-effectiveness.
Cloud infrastructure allows businesses to generate and detect deepfakes more efficiently, with faster processing times and reduced maintenance costs. The rise in remote work and the need for improved collaboration have also contributed to the increasing demand for cloud-based deepfake AI solutions, along with a stronger focus on data security.
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North America led the deepfake AI market in 2023, accounting for 42% of total revenue. The U.S. is a global leader in AI technology, driving investment in deepfake creation and detection. With rising concerns about misinformation and data security, the demand for effective detection tools is growing. Additionally, regulatory frameworks are evolving to address ethical concerns and ensure the responsible use of deepfake technology, further influencing market dynamics.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360º synopsis, 2021 - 2032
Chapter 3 Deepfake AI Market Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Technology developers
3.2.2 Platform providers
3.2.3 Solution integrators
3.2.4 Distribution channels
3.2.5 End users
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Key news & initiatives
3.6 Regulatory landscape
3.7 Price analysis
3.7.1 Subscription models
3.7.2 One-time purchase
3.7.3 Differentiators
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Rising demand for personalized digital content
3.8.1.2 Advancements in AI and machine learning algorithms
3.8.1.3 Increasing need for deepfake detection solutions
3.8.1.4 Widespread adoption in social media platforms
3.8.2 Industry pitfalls & challenges
3.8.2.1 High risk of deepfake-enabled identity fraud
3.8.2.2 Difficulty in detecting advanced deepfake technology
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
