Market Overview:
The global AI writing assistant software market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for AI-based solutions for enhancing the efficiency and productivity of businesses. Additionally, the growing trend of BYOD (Bring Your Own Device) is also contributing to the growth of this market. On-premise AI writing assistant software held a major share of the global market in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its advantages such as better security and control over data compared with cloud-based solutions. However, cloud-based AI writing assistant software is expected to grow at a higher CAGR than on-premise solutions during the forecast period, owing to its advantages such as lower TCO (Total Cost Of Ownership), scalability, and easy deployment/integration. Individuals are currently accounting for a majority share of spending on AI writing assistant software worldwide; however, enterprise spending is expected grow at a higher rate during the forecast period.
Product Definition:
An AI Writing Assistant Software is a computer program that helps a person write documents by providing feedback on grammar, syntax, and style. The importance of AI Writing Assistant Software is that it can help improve the quality of writing by providing feedback on mistakes and offering suggestions for improvement.
On-premise:
On-premise is a term used for software that is installed and run from the customer's own server or computer. The software can be installed on a laptop, desktop, or server and can be operated directly by the user without any need for an internet connection.
Cloud-based:
Cloud-based is a term used for software solutions that are hosted on the cloud. The data and applications are stored remotely on digital servers. It helps in saving time and cost when it comes to developing, testing, deploying, and managing applications. Cloud-based services offer various advantages such as scalability & flexibility of business operations along with rapid deployment of new products in the market which is expected to drive the growth of this industry over the forecast period.
Application Insights:
The enterprise application segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the growing adoption of chatbots and other automated solutions by enterprises as they offer cost-effective alternatives to recruit candidates, fill vacancies and conduct meetings. Moreover, companies are investing in developing their own natural language processing (NLP) engines that can understand text input from various sources and convert it into structured data required by business applications. This is further used within enterprise applications for a variety of purposes such as customer support, knowledge base enhancement or internal communication among employees.
The individual application segment is expected to witness significant growth over the forecast period owing to increasing usage across different platforms such as LinkedIn Corporation, Facebook Inc., Microsoft Corporation's Office 365 or Google+. These AI writing assistant software solutions help individuals write resumes & cover letters with less effort while editing & proofreading through machine learning algorithms that detect spelling errors or grammatical errors and suggest improvements automatically.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to increasing investments by companies for developing customized AI writing assistants software and growing adoption of cloud-based technologies. Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to increasing awareness about advanced technologies, improving internet connectivity, and rising number of small & medium enterprises in this region. Moreover, countries such as China and Japan are considered as early adopters of emerging technologies which will drive demand further.
Europe also held a significant share in terms of revenue generation owing to presence or major technology companies such as Google LLC; Microsoft Corporation; IBM Corporation; Facebook Inc.; Apple Inc.
Growth Factors:
- Increasing demand for AI-enabled Writing Assistant Software from small and medium businesses (SMBs) due to the advantages of cost savings, time efficiency, and improved productivity.
- Growing demand for AI-enabled Writing Assistant Software from large enterprises due to the advantages of increased efficiency and accuracy in content creation.
- Proliferation of big data and the increasing need for data-driven decision making is driving the adoption of AI-enabled Writing Assistant Software solutions across various industries.
- The increasing popularity of natural language processing (NLP) is aiding in the development of more sophisticated AI-enabled Writing Assistant Software solutions that can understand human language better. This is resulting in higher user acceptance rates for such software products. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
AI Writing Assistant Software Market Research Report
By Type
On-premise, Cloud-based
By Application
Individual, Enterprise, Others
By Companies
Grammarly, Skillroads, Orpheus Technology, Ginger Software, Textio, Cognifyd, AI-Writer, Articoolo, WritingAssistant, Frase, Cortx, Resure Technology, Qordoba
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global AI Writing Assistant Software Market Report Segments:
The global AI Writing Assistant Software market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grammarly
- Skillroads
- Orpheus Technology
- Ginger Software
- Textio
- Cognifyd
- AI-Writer
- Articoolo
- WritingAssistant
- Frase
- Cortx
- Resure Technology
- Qordoba
Highlights of The AI Writing Assistant Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Individual
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AI Writing Assistant Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AI Writing Assistant Software is a software that helps you to write better and faster. It provides you with the tools to improve your writing skills and make it easier for you to produce high-quality content.
Some of the major players in the ai writing assistant software market are Grammarly, Skillroads, Orpheus Technology, Ginger Software, Textio, Cognifyd, AI-Writer, Articoolo, WritingAssistant, Frase, Cortx, Resure Technology, Qordoba.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AI Writing Assistant Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AI Writing Assistant Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AI Writing Assistant Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AI Writing Assistant Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AI Writing Assistant Software Market Size & Forecast, 2018-2028
4.5.1 AI Writing Assistant Software Market Size and Y-o-Y Growth
4.5.2 AI Writing Assistant Software Market Absolute $ Opportunity
Chapter 5 Global AI Writing Assistant Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AI Writing Assistant Software Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AI Writing Assistant Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AI Writing Assistant Software Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AI Writing Assistant Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AI Writing Assistant Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AI Writing Assistant Software Analysis and Forecast
9.1 Introduction
9.2 North America AI Writing Assistant Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AI Writing Assistant Software Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AI Writing Assistant Software Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AI Writing Assistant Software Analysis and Forecast
10.1 Introduction
10.2 Europe AI Writing Assistant Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AI Writing Assistant Software Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AI Writing Assistant Software Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AI Writing Assistant Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AI Writing Assistant Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AI Writing Assistant Software Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AI Writing Assistant Software Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AI Writing Assistant Software Analysis and Forecast
12.1 Introduction
12.2 Latin America AI Writing Assistant Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AI Writing Assistant Software Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AI Writing Assistant Software Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AI Writing Assistant Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AI Writing Assistant Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AI Writing Assistant Software Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AI Writing Assistant Software Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AI Writing Assistant Software Market: Competitive Dashboard
14.2 Global AI Writing Assistant Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grammarly
14.3.2 Skillroads
14.3.3 Orpheus Technology
14.3.4 Ginger Software
14.3.5 Textio
14.3.6 Cognifyd
14.3.7 AI-Writer
14.3.8 Articoolo
14.3.9 WritingAssistant
14.3.10 Frase
14.3.11 Cortx
14.3.12 Resure Technology
14.3.13 Qordoba
