PUNE, India, Aug. 2, 2022 /PRNewswire/ — According to a latest market research printed by Growth Market Reports, titled, “Global AI Writing Assistant Software Market by Types (On-premise and Cloud-based), End-users (Individual, Commercial, and Others), and Regions: Size, Share, Trends and Opportunity Analysis, 2019-2030”, the market was valued at USD 372 million in 2021 and is anticipated to develop at a wholesome development charge of round 15% by the 12 months 2030. The international AI writing assistant software program market is projected to increase at a fast tempo, due to excessive utilization in varied purposes comparable to academic & coaching establishments, authorities sectors, and publishers.
Key Market Players Profiled within the Report
Grammarly Inc.
Ginger Software
Textio
AI Writer
Frase, Inc.
Jasper.ai
Anyword (Keywee Inc.)
ProfessionalWritingSupport (Orpheus Technology)
SEMrush
Pepper Content Pvt. Ltd
Skillroads
Textly, Inc. (Linguix)
Scalenut
Datapeople
WRITER
The report covers complete knowledge on rising tendencies, market drivers, development alternatives, and restraints that may change the market dynamics of the business. It offers an in-depth evaluation of the market segments which embody sorts, end-users, and competitor evaluation.
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This report additionally contains a full evaluation of business gamers that covers their newest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it offers essential methods which can be serving to them to increase their market share.
Highlights on the segments of the AI Writing Assistant Software Market
In phrases of sorts, the worldwide AI writing assistant software program market is segmented into on-premise and cloud-based. The cloud-based sort section is anticipated to increase at a sustainable CAGR throughout the forecast interval. The cloud-based AI assistant software program maintains uniformity throughout the workforce community to maintain messages skilled and error-free. The cloud-based AI writing assistant software program aids in decreasing customers’ capital prices as a result of it fees customers primarily based on their utilization. These components are estimated to drive the cloud-based section.
Based on end-users, the worldwide AI writing assistant software program market is segmented into particular person, industrial, and others. The industrial section is anticipated to develop at a vital tempo throughout the forecast interval, owing to growing use of AI writing assistant software program by small, medium-sized, and enormous companies for market analysis and enterprise promotion.
On the premise of areas, the market is segmented into 5 main areas, specifically, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market in North America is projected to increase at a vital CAGR throughout the forecast interval, owing to the presence of key market gamers and growing analysis and growth actions within the area. The market in Europe is anticipated to maintain a substantial share of the worldwide AI writing assistant software program market, owing to the rising strategic funding in AI expertise by Europe-based firms.
The market in Europe is increasing as a results of rising shopper demand for AI writing assistant software program and favorable authorities rules applied to promote AI expertise. These instruments and applied sciences are largely adopted by content material writing industries to get their work carried out in a quick time and precisely.
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Key Takeaways from the Study:
The AI writing assistant software program market in North America is increasing and dominating as in contrast to different regional markets, owing to the growing R&D actions and rising novel manufacturing within the area.
The AI writing assistant software program market in Europe is anticipated to develop at a substantial tempo throughout the forecast interval. Rising promotional actions for the utilization of writing assistant software program in a number of purposes on this area is anticipated to promote the market within the coming years.
The cloud-based section is anticipated to develop at a vital tempo. The cloud-based AI assistant software program retains messages skilled and free from errors by making certain consistency throughout the workforce community The cloud-based AI writing assistant software program routinely maintains knowledge backup and repeatedly enhances providers.
The industrial end-user section is anticipated to increase at a sustainable CAGR throughout the forecast interval. Growth of the section is attributed to growing adoption of AI writing assistant software program by massive, medium, and small enterprises. Increasing use of the software program by these enterprises is for market analysis and enterprise promotion.
Read 210 Pages Research Report with Detailed ToC on “international AI writing assistant software program Market by Types (On-premise and Cloud-based), End-users (Individual, Commercial, and Others), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030”
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Key Segments Covered
By Types
By End-users
Individual
Commercial
Others
By Regions
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
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