REDDING, Calif., Oct. 9, 2024 /PRNewswire/ — According to a new market research report titled, ‘AI Image Generator Market by Offering (Solutions, Services), Deployment Mode, Application (Personal, Professional), Platform (Web-based, Mobile), End User (Media & Entertainment, Marketing and Advertising), and Geography—Global Forecast to 2031.

The AI image generator market is projected to reach $1093.1 million by 2031, at a CAGR of 16.4% from 2024–2031.

The AI image generator market is growing primarily due to the high adoption of AI image generator solutions for marketing and advertising-related activities and the rise in do-it-yourself (DIY) content creation platforms. However, this market’s growth is restrained by concerns related to data privacy and the creation of malicious content.

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Additionally, the growing adoption of AI image generators in the healthcare sector, rising integration of generative AI and computer vision for advanced image manipulation, and increasing usage of AI image generators among personal users are anticipated to create substantial growth opportunities for players operating in this market. However, issues related to the high dimensionality of images pose a significant challenge to market growth. Moreover, the integration of AI image generators for educational purposes is a prominent market trend in the AI image generator market.

Key Players:

Some of the major players studied in this report are Microsoft Corporation (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Amazon Web Services, Inc. (A Subsidiary of Amazon.com Inc.) (U.S.), Adobe Inc.(U.S.), OpenAI, L.L.C. (U.S.), Nvidia Corporation (U.S.), Meta Platforms, Inc (U.S.), Databricks, Inc. (U.S.), Vyro LLC (Australia), Jasper AI, Inc. (U.S.), NightCafe Studio Pty Ltd (Australia), Stability AI Ltd (U.K.), Lightricks Ltd. (Israel), Runway AI, Inc. (U.S.), Lumen5 Technologies Ltd (Canada), Craiyon LLC (U.S.), Resleeve B.V. (Netherlands), and starryai, Inc. (U.S.).

The AI image generator market is segmented by offering (solutions {text-to-image generation, image-to-image generation, semantic image-to-image generation, and other solutions} and services {training & consulting services, system integration & implementation services, and support & maintenance services}); deployment mode (cloud-based and on-premise); application (personal and professional/enterprises); platform (web-based and mobile), and end user (IT & telecommunication, media & entertainment, marketing, and advertising, healthcare & life sciences, gaming, education & training, retail & E-commerce, construction & real estate, government & defense, BFSI, art and design, fashion & apparel, energy & utilities, and other end users). The report also provides a comprehensive analysis of the AI image generator market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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Key Findings in the AI Image Generator Market Study:

By offering, the solutions segment is slated to record the highest CAGR during the forecast period. The increasing utilization of AI image generator solutions to produce images that meet user specifications and preferences, combined with their capability to generate a substantial volume of visually appealing and customized product images for businesses, are factors expected to contribute to the rapid growth of this segment.

By deployment mode, the cloud-based segment is slated to register the highest CAGR during the forecast period. The rising adoption of cloud-based AI image generators, enabled by access across multiple devices such as desktops, tablets, and smartphones, facilitates user-friendly experiences in diverse environments. Moreover, cloud providers enhance infrastructure performance to ensure efficient execution of image generation tasks, driving the rapid growth of this segment.

By application, the personal segment is slated to register the highest CAGR during the forecast period. The increasing adoption of AI image generators by individuals for the instant creation of images for personal projects, along with the growing demand for do-it-yourself (DIY) content creation platforms, are key factors expected to contribute to the rapid growth of this segment.

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By platform, the mobile segment is slated to register the highest CAGR during the forecast period. The growing utilization of mobile-based applications, facilitated by free versions and in-app purchase options, along with the availability of offline functionality that enables users to generate images without an internet connection, are key factors expected to contribute to the rapid growth of this segment.

By end user, the media & entertainment segment is slated to register the highest CAGR during the forecast period. The increasing adoption of AI image generators in the media and entertainment industry for the cost-effective creation of visual content, including posters, promotional materials, and cover art, coupled with the rising integration of these tools to enhance production processes and engage audiences in novel ways, are key factors expected to contribute to the rapid growth of this segment.

By geography, Asia-Pacific is slated to register the highest CAGR of 17.5% during the forecast period. The growing adoption of AI image generator solutions for marketing and advertising activities in the region, the rising integration of these tools among individual users, and the increasing use of AI image generators for educational purposes in the Asia-Pacific are key factors expected to drive significant growth in the market.

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Scope of the Report:

AI Image Generator Market Assessment—by Offering

SolutionText-to-Image GenerationImage-to-Image Generation              Semantic Image-to-Image GenerationOther Solutions

ServicesTraining & Consulting ServicesSystem Integration & Implementation ServicesSupport & Maintenance Services

AI Image Generator Market Assessment—by Deployment Mode

Cloud-basedOn-premise

AI Image Generator Market Assessment—by Application

PersonalProfessional/Enterprises

AI Image Generator Market Assessment—by Platform

Web-basedMobile

AI Image Generator Market Assessment—by End User

IT & TelecommunicationMedia & EntertainmentMarketing and AdvertisingHealthcare & Life SciencesGamingEducation & TrainingRetail & E-commerceConstruction & Real EstateGovernment & DefenseBFSIArt and DesignFashion & ApparelEnergy & UtilitiesOther End Users

AI Image Generator Market Assessment—by Geography

North AmericaU.S.Canada

EuropeGermanyU.K.FranceItalyNetherlandsSpainSwedenPolandRest of Europe

Asia-PacificJapanChinaIndiaSouth KoreaSingaporeAustralia & New ZealandIndonesiaThailandMalaysiaRest of Asia-Pacific

Latin AmericaMexicoBrazilRest of Latin America

Middle East & AfricaUAESaudi ArabiaSouth AfricaIsraelRest of Middle East & Africa

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AI Image Generator Market Research Summary

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Jon NEVERDIE Jacobs unveils the Howling Mine Asteroid in Entropia Universe—a groundbreaking initiative combining teleportation, AI, and gamified employment—to redefine jobs in the age of AI by creating real-world income opportunities in the metaverse and addressing AI-driven job displacement.

LOS ANGELES, Oct. 9, 2024 /PRNewswire-PRWeb/ — As artificial intelligence continues to transform industries and threaten millions of jobs, Jon NEVERDIE Jacobs, a pioneering figure in the metaverse, presents a visionary solution for the future of work. His latest initiative, centered on the Howling Mine Asteroid in Entropia Universe, introduces gamified jobs as a scalable response to AI-driven job displacement—potentially setting the stage for a new global digital economy.

Set to launch in December, the Howling Mine will become a key destination for mining unique ores vital to the next evolution of the metaverse economy. The update will introduce new features to Entropia Universe, including mining directly from spaceships and intergalactic teleportation, offering players exciting new ways to monetize their time. To build excitement, Mindark launched a series of spaceship blueprints and a universe-wide resource-gathering event, where players can compete for the first-ever space mining ships.

Redefining Work in the Age of AI

As AI systems from OpenAI, Anthropic, Google, Apple, and Meta reshape industries, the risk of human labor becoming obsolete grows. NEVERDIE offers an alternative: a metaverse economy where virtual jobs generate real-world income for millions of users.

“We’re not passively watching AI make jobs obsolete—we’re using the metaverse and harnessing the power of AI to create new opportunities where people can thrive in a digital economy that values human creativity and interaction,” says NEVERDIE.

Howling Mine: Unlocking a New Economic Frontier

The Howling Mine Asteroid, located in a dangerous, remote sector, will be the focus of a new era for Entropia Universe. Upon its launch, players will face space pirates as they mine rare ores essential for teleportation technology. This exciting gameplay could make space piracy one of the most lucrative virtual professions in the game. The discovery of teleportation opens the door to a turbo-charged virtual economy, where players can “planet-hop” to seize fleeting opportunities, while gamified jobs provide a financial incentive for new players to thrive.

This isn’t just about new gameplay mechanics—it’s the beginning of a scalable model that could address global employment challenges. The Howling Mine is set to provide millions of jobs and generate a new economic ecosystem within the metaverse, bridging the gap between virtual and real-world economies.

Conscription Vs. Subscription

In a unique twist, the primary job opportunity at the Howling Mine involves the gamified hunting of AI bots, turning the war against AI into a real-world income source. Along with the new space mining and shipbuilding ecosystems, these jobs are expected to form the foundation of a space economy. This is not an experiment; it’s a proven model. NEVERDIE’s job system, successfully tested over six years on Rocktropia with 50,000+ completed jobs, has become the planet’s most popular mission, demonstrating its scalability and sustainability.

“The shift from subscription to Free2Play now culminates in the Conscription Model, where players get paid to play—revolutionizing how time and skill are valued in games with virtual economies,” explains NEVERDIE.

A Moonshot on the Future of the Metaverse

In a visionary move, actor and filmmaker Jon NEVERDIE Jacobs, who made headlines in 2005 by mortgaging his Miami home to purchase a virtual asteroid for $100,000—later selling it for $635,000—has secured exclusive rights to the Howling Mine Asteroid. This decision underscores his belief that the Howling Mine will redefine work in the metaverse and generate real-world economic impact.

“I’m confident that the discovery of intergalactic teleportation technology at the Howling Mine will pave the way for millions of people to find work and prosperity in the metaverse, and I’m all-in on making that vision a reality,” says NEVERDIE.

With the potential to create millions of jobs and generate billions in revenue, the Howling Mine is poised to reshape not just virtual economies but global markets as well.

AI-Powered Job Creation: A Scalable Solution to Global Job Displacement

“As AI takes over many of the world’s jobs, we need to look toward digital economies as the next frontier for employment,” explains NEVERDIE. Entropia Universe, with the help of Celeste AI, aims to absorb displaced workers into a thriving digital economy, turning AI from a threat into an opportunity.

Unlike other AI initiatives focused on automating tasks, Entropia Universe uses AI to enhance human involvement, encouraging players to actively contribute to the economy, driving both virtual and real-world impact.

Competing with the AI Giants

NEVERDIE positions the Howling Mine as the blueprint for a new economic model capable of creating millions of jobs worldwide.

“The world should be paying attention to what’s happening in Entropia Universe,” NEVERDIE emphasizes. “We’re not just talking about the future of work—we’re building it, using AI to empower people and drive economic growth in the metaverse.”

About Jon NEVERDIE Jacobs

Award-winning actor and filmmaker Jon NEVERDIE Jacobs is a pioneering figure in the metaverse, known for creating landmark events in the evolution of Entropia Universe. His projects, including Club NEVERDIE, Rocktropia, KING KONG, and The Thing—in partnership with Universal Studios licensing—have redefined how players interact with virtual worlds. With the launch of the Howling Mine and the expansion of his AI Hunting job system, NEVERDIE is positioning Entropia Universe as a global leader in solving the challenges posed by AI-driven job displacement.

For more information visit https://thehowlingmine.com/

Media Contact

Jon NEVERDIE Jacobs, NEVERDIE LLC, 1 3235040667, info@neverdie.com, https://thehowlingmine.com/

Twitter, LinkedIn

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SOURCE NEVERDIE LLC

Featuring Auracast™ Broadcast Streaming Capabilities

EDEN PRAIRIE, Minn., Oct. 9, 2024 /PRNewswire/ — Starkey, a leader in hearing technology, has once again set a new standard with the introduction of Edge AI, innovative hearing technology designed to take patient care to unparalleled heights. Building on the success of Genesis AI, which transformed the industry, Edge AI represents the next leap in intelligent hearing technology.

“Starkey remains the industry leader in innovation, continuing to introduce technology that has never been seen or heard before,” said Brandon Sawalich, President and CEO at Starkey. “We were the first to bring AI technology to the hearing industry and, last year, we redefined flagship technology with an all-new processor, new hearing experience, and new possibilities. Now, with the launch of Edge AI, the era of excellence continues at the speed of innovation. Our vision to be the best endures as we push the edge of what’s possible to bring better hearing for all.”

Unmatched Performance and Processing Power
Edge AI introduces the G2 Neuro Processor, the next generation of advanced technology from Starkey. Equipped with a groundbreaking Neural Processing Unit (NPU) with unmatched Deep Neural Network (DNN) processing capabilities, Starkey’s Edge AI ensures superior performance without compromising its industry-leading battery life. By far the most advanced integrated circuit in any hearing aid available, the G2 Neuro Processor features the industry’s only NPU fully integrated into the chip. This efficiency means that the waterproof* Edge AI RIC RT can continue to offer patients up to 51 hours of battery life. Additionally, building on the foundation of the sound management system in the Neuro Sound Technology, the 2.0 edition enhanced with DNN processing is 30% more accurate at identifying speech compared to previous generations, appropriately classifies the most challenging listening situations like multi-talker babble, and significantly enhances the signal to noise ratio.

“Building on the success of Genesis AI, Neuro Sound Technology 2.0 lets Starkey offer patients and providers the most innovative and best-sounding products in the industry,” said Achin Bhowmik, Ph.D., Chief Technology Officer and Executive Vice President of Engineering. “With the industry’s only neural processing unit fully integrated into the chip, Edge AI is our most powerful noise management system.”

Next-Level Connectivity with Bluetooth LE Audio
Edge AI introduces the next generation of Bluetooth connectivity through Low Energy (LE) Audio, supporting a broader range of devices with fewer dropouts and enhanced performance. LE Audio also features Auracast™ broadcast streaming, enabling users to connect to an expanded variety of audio sources seamlessly.

Starkey is also launching the new StarLink Edge TV Streamer, 60% smaller than previous versions. It uses LE Audio for high-fidelity streaming from televisions to LE Audio-enabled hearing aids like Edge AI.

Health and Wellness Innovations
Starkey has led the industry in incorporating overall health and wellness into the hearing aid, as we were the first to integrate 3D sensors; the first to enable counting steps; the first to track and encourage social engagement; and the first and only manufacturer with a fall detection and alert system in hearing aids. Edge AI features the world’s first and only use of sensors onboard the hearing aid to perform a self-guided balance assessment exercise. Further ensuring that patients already at an increased risk of falls are identified and managed before a fall becomes reality.

Enhanced Mobile Experience
The My Starkey Mobile Application continues to receive enhancements to make the patient’s experience easier and support the new streaming capabilities. Included with Edge AI is Apple Watch support as an extension of the My Starkey app. Patients can adjust volume, programs, or control the Edge Mode+ settings, all from their wrist.

For more information on Starkey, please visit Starkey.com.

*Up to one meter

About Starkey

Starkey is a privately held, global hearing technology company headquartered in Eden Prairie, Minnesota. Founded by Bill Austin in 1967, Starkey is known for its innovative design, development and distribution of comprehensive digital hearing systems. Led today by President and CEO Brandon Sawalich, Starkey is the only American-owned provider of hearing technologies. The company has more than 5,000 employees, operates 29 facilities and does business in more than 100 markets worldwide. Learn more at starkey.com. 

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SOURCE Starkey Laboratories, Inc.