Global AI Writing Assistant Software
Market Report
2024
The AI Writing Assistant Software market is valued at USD 1.56 Billion in 2022 and will be USD 10.38 billion by 2030 with a CAGR of 26.8% during the forecast period of 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The AI Writing Assistant Software market is valued at USD 1.56 Billion in 2022 and will be USD 10.38 billion by 2030 with a CAGR of 26.8% during the forecast period of 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global AI Writing Assistant Software Market Sales Revenue 2022 | $ 1.56 Billion |
Global AI Writing Assistant Software Market Sales Revenue 2030 | $ 10.38 Billion |
Global AI Writing Assistant Software Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 26.8% |
Market Split by Type |
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Market Split by End-User |
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Market Split by Pricing Option |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of AI Writing Assistant Software industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
AI Writing Assistant Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The way people use technology has been revolutionized by artificial intelligence. The most helpful use of AI in writing is as a writing assistant. A tool with artificial intelligence capabilities called the AI writing assistant software can automatically create text and post it on various social media platforms. To assist with writing tasks, there is a program called AI writing assistant. Email, chatbots, and other messaging apps are just a few of the applications they can be incorporated into. Grammar checkers that correct spelling mistakes or suggest better wording are among the AI-powered options available. Other programs follow a user writing process and generate ideas as they go. Software using artificial intelligence is used to assist with writing. Artificial intelligence writing aids come in a variety of characteristics and are frequently used for research, grammar, tone checking, and localization. Others are writing platforms where users can create the entire essay, while some are bots that offer suggestions or fix Grammar in the uploaded article. Using natural language processing, the program analyses the text and provides ideas in real-time.
The demand for AI writing assistant software is being driven by the rising demand for high-quality content across numerous industries, including marketing, publishing, and journalism. These tools aid in streamlining the content generation process, increasing productivity, and raising the standard of writing in general. Online content consumption, including articles, blog entries, social network posts, and more has increased as a result of the digital age. To meet the demand for new and appealing online content, writing assistants can help create interesting and pertinent content at scale. Writing assistants automate time-consuming and repetitive tasks like grammar checking, proofreading, and subject generation. These technologies let writers create material more quickly by minimizing human labor, which saves manufacturers a lot of time and money.
To aid and guide users through the various writing process processes, including research, tone check, and algorithms, artificial intelligence, these technologies aid with content analysis. AI can identify suspicious behavior and viruses like malware, ransomware, and trojans utilizing its structured program and algorithm. The ability of AI writing assistants to digest enormous amounts of material quickly aids security analysts in their efforts to defend their organizations from cyberattacks. Thus, it is anticipated that the increasing use of AI writing assistants in cyber security will drive the market throughout the forecast period.
In the writing sector, the use of AI writing assistants is growing. However, due to its high cost and maintenance requirement, not many organizations can use this technology. As a result, the market is expected to experience difficulties during the forecast period due to the demand for AI writing helpers. Which may be equal to the number of available customers. AI software requires frequent updates, it could meet the needs of the developing environment because the machine needs to become smarter every day, which is expensive and might slow market expansion.
The AI writing assistant software industry has experienced a surge in demand due to its use in various applications such as email, chatbots, and messaging platforms. This trend has been further accelerated by the covid-19 pandemic. Small and medium-sized businesses are adopting AI writing assistance software at an increasing rate. The market growth is fuelled by manufacturers' investment in AI development. Therefore, the covid-19 had a positive impact on the AI writing assistance software market.
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Major players are primarily focusing on launching and developing new products. In addition, companies are striving to come up with new strategies such as joint ventures, mergers & acquisitions to expand their footprints across the globe.
Grammarly, a pioneer in AI-powered communication support, unveiled the first technology in the sector that, with the press of a button, recognizes and rewrites phrases to create a desired tone.
Top Companies Market Share in AI Writing Assistant Software Industry: (In no particular order of Rank)
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Due to the increasingly strategic investment made in AI technology by businesses situated in Europe, it is predicted that the European market will account for a sizable portion of the worldwide AI writing assistant software industry. Due to rising consumer demand for AI writing assistant software and supportive government policies put in place to further AI technology, the market in Europe is growing. Most of these tools and technologies are used by the content writing industry to do their task quickly and accurately.
The current report Scope analyzes AI Writing Assistant Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global AI Writing Assistant Software Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing AI Writing Assistant Software Industry growth. AI Writing Assistant Software market has been segmented with the help of its Type, End-User Pricing Option, and others. AI Writing Assistant Software market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
To maintain communication professional and error-free across the team network, the artificial intelligence cloud-based assistant software ensures uniformity. Due to its usage-based pricing model, the cloud-based AI writing helper software helps users lower their capital expenses. The cloud-based category is predicted to be driven by these factors.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of AI Writing Assistant Software Industry. Request a Free Sample PDF!
Due to the rising use of AI writing assistant software by small, medium-sized, and big organizations for market research and company marketing, the commercial segment is anticipated to expand at a high rate over the projected period.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the AI Writing Assistant Software market report 2024 Edition by contacting our team.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
As a research analyst, Swasti brings a unique blend of analytical prowess and strategic thinking to the table. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations. Her passion lies in leveraging data-driven approaches to guide decision-making and drive organizational success.
I played a central role in market research endeavors and competitive analysis. I have a demonstrated ability to leverage diverse data sources, employing advanced analytics tools to discern patterns and trends. My collaborative approach facilitated effective communication of insights, fostering a culture of data-driven decision-making within the organization. I am committed to continuous professional development, actively seeking opportunities for skill enhancement through workshops, industry conferences, and staying abreast of emerging trends in research methodologies.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global AI Writing Assistant Software Market is witnessing significant growth in the near future.
In 2023, the On-Premise segment accounted for noticeable share of global AI Writing Assistant Software Market and is projected to experience significant growth in the near future.
The Individual segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Grammarly Inc. (United States) , Ginger Software Inc (United States) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | On-Premise, Cloud-Based |
End-User | Individual, Commercial, Others |
Pricing Option | Free Trial, Monthly Subscription, Annual Subscription, One Time License |
Application | Household Use, Commercial Use |
List of Competitors | Grammarly Inc. (United States), Skillroads (United States), Ginger Software Inc (United States), Textio Inc. (United States), Cognifyd (United States), Frase Inc. (United States), Resure Technology (United States), Cortx (United States), QORDOBA (United States), Saleswhale Inc. (United States) |
This chapter will help you gain GLOBAL Market Analysis of AI Writing Assistant Software. Further deep in this chapter, you will be able to review Global AI Writing Assistant Software Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America AI Writing Assistant Software Market Trends North America AI Writing Assistant Software Technological Road Map North America AI Writing Assistant Software Market Drivers North America AI Writing Assistant Software Market Restraints North America AI Writing Assistant Software Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by End-User Analysis 2019 -2031
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Chapter 12 Market Split by Pricing Option Analysis 2019 -2031
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Chapter 13 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global AI Writing Assistant Software market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why On-Premise have a significant impact on AI Writing Assistant Software market? |
What are the key factors affecting the On-Premise and Cloud-Based of AI Writing Assistant Software Market? |
What is the CAGR/Growth Rate of Individual during the forecast period? |
By type, which segment accounted for largest share of the global AI Writing Assistant Software Market? |
Which region is expected to dominate the global AI Writing Assistant Software Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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