How is AI used in the entertainment industry?

The media and entertainment industry has rapidly embraced AI, leveraging its capabilities to revolutionize content creation, distribution, and user engagement. By integrating data-driven insights, AI enables companies to better understand and cater to modern consumer-centric marketplaces, significantly enhancing operational practices and user experiences. The AI market in media and entertainment is anticipated to experience significant growth, with a projected compound annual growth rate of 17.5%, reaching USD $51.37 billion by 2034.