By 2024, the global AI video creation market was valued at approximately $614.8 million. It’s expected to grow at a CAGR of 25.8% from 2023 to 2032, reaching over $2.5 billion by the decade’s end.

Historically, creating professional-grade videos required significant time, effort, and technical expertise. Today, AI tools automate complex tasks like editing, voiceovers, and animations, reducing video production time by up to 40%. Here are some other benefits of utilizing AI video generation tools:

Time Efficiency: AI tools automate repetitive tasks, cutting production time significantly. Companies can create videos 1.5 times faster than traditional methods.

Cost-Effectiveness: AI video generation reduces the need for expensive equipment and professional editing teams, saving up to 50% in production costs.

Customization and Scalability: AI platforms allow for easy personalization with features like AI avatars and voice cloning, enabling businesses to create personalized content at scale.

Below are the 10 top AI video editor generation software platforms of 2024 that you should consider for your video marketing needs.

1. VEED

VEED has become one of the most versatile AI video generation software tools. Known for its user-friendly interface, VEED allows users to create professional-grade videos without technical expertise. You can add subtitles automatically, remove backgrounds, and even incorporate AI features like eye contact correction.

One standout feature is its AI voice cloning, allowing you to replicate human speech with natural-sounding results. VEED is perfect for startups or content creators looking to produce high-quality videos quickly. The software’s AI capabilities, like the eye contact AI, are particularly useful for enhancing talking head videos, making it one of the top contenders in the market.

Key Features:

• AI voice cloning for voiceovers.
• Eye contact AI for realistic presentations.
• Automatic background removal for smooth video editing.

2. Pictory

Pictory’s AI technology makes it easy to create bite-sized content for social media or product videos with minimal effort. It is an excellent AI tool for marketers who want to generate videos from long-form text content.

This platform automatically turns blog posts, articles, and scripts into captivating short videos. It’s highly effective for repurposing content and maintaining viewer interaction across different platforms. It even adds captions and suggests appropriate background music, streamlining the video production process.

Key Features:

• Text-to-video conversion for fast content creation.
• AI-generated captions for accessibility.
• Smart music suggestions to enhance interaction.

3. Synthesia

Synthesia allows users to generate videos using AI avatars. It’s useful for businesses that need to produce explainer videos, training content, or presentations at scale. Synthesia allows you to select from various avatars and languages, allowing for localized and personalized video content.

The AI avatars replicate speech and mimic facial expressions, making them look highly realistic. This can save companies time and money on video production while delivering high-quality results.

Key Features:

• AI avatars for scalable video content.
• Multi-language support for global reach.
• Facial expression replication for lifelike interactions.

4. InVideo

InVideo offers a great mix of traditional video editing features with AI-powered enhancements. It’s ideal for marketers and content creators looking to produce social media videos, ads, and even training materials. InVideo’s AI technology helps with tasks like voiceovers, automatic transitions, and intelligent scene generation.

The platform also offers thousands of templates to kickstart your projects, allowing you to customize videos in minutes. InVideo’s AI features save time and ensure high-quality video output, making it a top choice for marketers.

Key Features:

• AI voiceovers for professional sound.
• Automatic scene generation for streamlined workflows.
• Template library for quick customization.

5. Lumen5

Another fantastic tool for converting text into video content is Lumen 5. It’s designed for businesses that want to repurpose their existing blog posts or articles into captivating videos. The platform’s AI technology automatically selects the right visuals and background music to fit the tone of your content.

With Lumen5, you can create exceptional videos in a fraction of the time it would take with traditional editing software. It’s ideal for content marketers who want to maximize their blog’s reach through visual storytelling.

Key Features:

• AI-powered text-to-video for effortless content repurposing.
• Visual and music recommendations for a polished finish.
• Simple drag-and-drop interface for fast edits.

6. Runway ML

While Runway ML is more technical than other tools, its AI-driven features offer incredible visual effects and video production flexibility. It is a tool for creators experimenting with AI-generated visuals and videos. It’s a platform aimed at professionals in the media and entertainment industries.

With AI-generated green screens, motion tracking, and image synthesis tools, Runway ML offers advanced features for video creators looking to push creative boundaries. Runway ML is ideal for users who need precise control over every aspect of their video creation.

Key Features:

• AI-powered green screen for smooth background changes.
• Motion tracking for dynamic visual effects.
• Image synthesis for creating unique visuals.

8. Rephrase

Rephrase.ai specializes in AI-generated videos featuring synthetic humans. This is ideal for companies that need to create personalized videos for marketing, customer service, or sales at scale. With Rephrase.ai, you can input text, and the AI will convert it into a realistic video with a human avatar delivering the message.

This platform is especially valuable for e-commerce businesses that want to offer personalized product recommendations via video.

Key Features:

• Human avatars for personalized video content.
• Text-to-speech AI for scalable video production.
• Multi-language support for global campaigns.

8. DeepBrain AI

Another platform that focuses on AI avatars and virtual humans is DeepBrain AI. What makes DeepBrain AI stand out is its high-quality avatar rendering. These avatars can mimic human speech, gestures, and expressions in an incredibly natural way.

It’s particularly useful for customer service videos, product demos, and training content. The platform’s advanced AI algorithms ensure avatars’ fluid, lifelike appearance, making the videos captivating.

Key Features:

• Advanced AI avatars for realistic video presentations.
• Lifelike speech and expressions for enhanced interaction.
• Customization options for a personalized experience.

10. Elai

With Elai, you can easily generate video presentations, product demos, and explainer videos. It is an AI video generation tool that focuses on simplifying video production for businesses.

The platform offers AI-generated avatars that can narrate your script, saving time and resources in the video production process. One unique feature of Elai.io is its ability to create multi-language videos, making it a great option for global businesses.

Key Features:

• AI avatars for video narration.
• Multi-language support for global reach.
• Easy-to-use interface for fast video creation.

10. Descript

Descript provides a unique method of video editing by combining AI transcription with video generation. It’s a fantastic tool for podcasters and YouTubers who need to edit video and audio simultaneously. Descript’s AI automatically transcribes spoken content, allowing you to edit and sync the transcript with your video.

With its overdub feature, you can even clone your voice, making it an excellent tool for those who want to scale their content production effortlessly.

Key Features:

• AI transcription for easy editing.
• Overdub feature for AI voice cloning.
• Integrated video and audio editing for optimized workflows.

Your AI Video Generation Checklist

Suppose you’re looking to streamline video production and enhance your content. In that case, AI video generation tools can make a difference. Here’s a checklist to help you pick the right platform for your needs:

• Do you need text-to-video conversion? Try Pictory or Lumen5.
• Want AI avatars for scalable content? Check out Synthesia or Rephrase.ai.
• Looking for optimized editing and transcription? VEED and Descript is an excellent choice.

With these AI video tools, you can produce high-quality content faster and with less effort.