In terms of revenue, global computational creativity market was valued at US$ 205.7 million in 2018 and is anticipated to reach US$ 1115.7million by 2027, growing at a CAGR of 26.6% over the forecast period.

Computational Creativity is a study to build software which can help humans in performing different tasks in the field of arts, science, sculpting and many more. The artificial integrated software come up with creative ideas and artifacts which reduces human effort and are highly effective. The software provides new ways to interact humans with computers to create and innovate something new. Designing of new algorithms for music generation, analyzing data, designing advertisements, creating scripts etc. are to drive the market in near future. The extensive use of AI to create animations and four dimensional scanning is considered to be the successor of computational creativity. The aim of computational creativity is to stimulate innovation, create ideas and design programs that enhance human creativity. Marketing and web designers are using computational creativity for designing advertisements, branding and building effective market campaigns. The blending of AI perspective and human creativity to create new space of possible solutions will drive the computational creativity market over the forecast period.

The detailed research study provides qualitative and quantitative analysis of Global Computational Creativity Market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Global Computational Creativity Market Share 2018, By Region

Key Findings of the Report: 

• In terms of revenue, global computational creativity market is expected to reach US$ 1,115.7 million by 2026 owing to favorable features such as music generation, generating scripts, sculpting amongst others.
• Cloud Based Solution held the largest market share in 2018 and is expected to grow at a CAGR of 29.0% over the forecast period due to cloud specific spending from organizations.
• North America is dominating the current computational creativity market due to high adoption of marketing and web designing. Asia Pacific region is expected to witness the highest CAGR over the forecast period owing to technological innovation along with improving infrastructure facilities for cloud based computing.
• Some of the players operating in the research are IBM Corporation, Microsoft, Prisma Labs, Inc., Runway AI, Inc, WaveAI Inc., Adobe, Amazon.com, Inc., Autodesk, Inc., Canva, Google LLC, amongst others.

By Deployment

• On-Premise
• Cloud Based

By Operating System

• Linux
• mac OS
• Microsoft Windows

By Application

• Marketing and Web Designing
• Product Designing
• Music Composition
• Photography and Videography
• Automated Story Generation

By Geography

• North America
  • U.S.
  • Canada
  • Mexico
  • Rest of North America
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Argentina
  • Brazil
  • Rest of Latin America