Global Multimodal AI Models Market Growth (Status and Outlook) 2024-2030

Multimodal models are designed to process and generate content using multiple modalities, such as text, images, audio, or video. These models combine information from different modalities to gain a better understanding of the input data and generate more comprehensive outputs.

The global Multimodal AI Models market size is projected to grow from US$ 844 million in 2024 to US$ 11240 million in 2030; it is expected to grow at a CAGR of 53.9% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Multimodal AI Models Industry Forecast” looks at past sales and reviews total world Multimodal AI Models sales in 2022, providing a comprehensive analysis by region and market sector of projected Multimodal AI Models sales for 2023 through 2029. With Multimodal AI Models sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Multimodal AI Models industry.

This Insight Report provides a comprehensive analysis of the global Multimodal AI Models landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Multimodal AI Models portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Multimodal AI Models market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Multimodal AI Models and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Multimodal AI Models.

United States market for Multimodal AI Models is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Multimodal AI Models is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Multimodal AI Models is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Multimodal AI Models players cover OpenAI, Gemini (Google), Meta, Twelve Labs, Pika, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Multimodal AI Models market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Multimodal Representation
    Translation
    Alignment
    Multimodal Fusion
    Co-learning

Segmentation by Application:
    Medical
    Finance
    Retail and E-commerce
    Entertainment
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Multimodal Representation
    Translation
    Alignment
    Multimodal Fusion
    Co-learning

Segmentation by Application:
    Medical
    Finance
    Retail and E-commerce
    Entertainment
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    OpenAI
    Gemini (Google)
    Meta
    Twelve Labs
    Pika
    Runway
    Adept
    Inworld AI
    Hundsun Technologies
    Zhejiang Jinke Tom Culture Industry
    Dahua Technology
    ThunderSoft
    Taichu
    Nanjing Tuodao Medical Technology
    HiDream.ai
    Suzhou Keda Technology

List of Tables
 Table 1. Multimodal AI Models Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ millions)
 Table 2. Multimodal AI Models Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions)
 Table 3. Major Players of Multimodal Representation
 Table 4. Major Players of Translation
 Table 5. Major Players of Alignment
 Table 6. Major Players of Multimodal Fusion
 Table 7. Major Players of Co-learning
 Table 8. Multimodal AI Models Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ millions)
 Table 9. Global Multimodal AI Models Market Size by Type (2019-2024) & ($ millions)
 Table 10. Global Multimodal AI Models Market Size Market Share by Type (2019-2024)
 Table 11. Multimodal AI Models Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ millions)
 Table 12. Global Multimodal AI Models Market Size by Application (2019-2024) & ($ millions)
 Table 13. Global Multimodal AI Models Market Size Market Share by Application (2019-2024)
 Table 14. Global Multimodal AI Models Revenue by Player (2019-2024) & ($ millions)
 Table 15. Global Multimodal AI Models Revenue Market Share by Player (2019-2024)
 Table 16. Multimodal AI Models Key Players Head office and Products Offered
 Table 17. Multimodal AI Models Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
 Table 18. New Products and Potential Entrants
 Table 19. Mergers & Acquisitions, Expansion
 Table 20. Global Multimodal AI Models Market Size by Region (2019-2024) & ($ millions)
 Table 21. Global Multimodal AI Models Market Size Market Share by Region (2019-2024)
 Table 22. Global Multimodal AI Models Revenue by Country/Region (2019-2024) & ($ millions)
 Table 23. Global Multimodal AI Models Revenue Market Share by Country/Region (2019-2024)
 Table 24. Americas Multimodal AI Models Market Size by Country (2019-2024) & ($ millions)
 Table 25. Americas Multimodal AI Models Market Size Market Share by Country (2019-2024)
 Table 26. Americas Multimodal AI Models Market Size by Type (2019-2024) & ($ millions)
 Table 27. Americas Multimodal AI Models Market Size Market Share by Type (2019-2024)
 Table 28. Americas Multimodal AI Models Market Size by Application (2019-2024) & ($ millions)
 Table 29. Americas Multimodal AI Models Market Size Market Share by Application (2019-2024)
 Table 30. APAC Multimodal AI Models Market Size by Region (2019-2024) & ($ millions)
 Table 31. APAC Multimodal AI Models Market Size Market Share by Region (2019-2024)
 Table 32. APAC Multimodal AI Models Market Size by Type (2019-2024) & ($ millions)
 Table 33. APAC Multimodal AI Models Market Size by Application (2019-2024) & ($ millions)
 Table 34. Europe Multimodal AI Models Market Size by Country (2019-2024) & ($ millions)
 Table 35. Europe Multimodal AI Models Market Size Market Share by Country (2019-2024)
 Table 36. Europe Multimodal AI Models Market Size by Type (2019-2024) & ($ millions)
 Table 37. Europe Multimodal AI Models Market Size by Application (2019-2024) & ($ millions)
 Table 38. Middle East & Africa Multimodal AI Models Market Size by Region (2019-2024) & ($ millions)
 Table 39. Middle East & Africa Multimodal AI Models Market Size by Type (2019-2024) & ($ millions)
 Table 40. Middle East & Africa Multimodal AI Models Market Size by Application (2019-2024) & ($ millions)
 Table 41. Key Market Drivers & Growth Opportunities of Multimodal AI Models
 Table 42. Key Market Challenges & Risks of Multimodal AI Models
 Table 43. Key Industry Trends of Multimodal AI Models
 Table 44. Global Multimodal AI Models Market Size Forecast by Region (2025-2030) & ($ millions)
 Table 45. Global Multimodal AI Models Market Size Market Share Forecast by Region (2025-2030)
 Table 46. Global Multimodal AI Models Market Size Forecast by Type (2025-2030) & ($ millions)
 Table 47. Global Multimodal AI Models Market Size Forecast by Application (2025-2030) & ($ millions)
 Table 48. OpenAI Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 49. OpenAI Multimodal AI Models Product Offered
 Table 50. OpenAI Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 51. OpenAI Main Business
 Table 52. OpenAI Latest Developments
 Table 53. Gemini (Google) Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 54. Gemini (Google) Multimodal AI Models Product Offered
 Table 55. Gemini (Google) Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 56. Gemini (Google) Main Business
 Table 57. Gemini (Google) Latest Developments
 Table 58. Meta Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 59. Meta Multimodal AI Models Product Offered
 Table 60. Meta Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 61. Meta Main Business
 Table 62. Meta Latest Developments
 Table 63. Twelve Labs Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 64. Twelve Labs Multimodal AI Models Product Offered
 Table 65. Twelve Labs Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 66. Twelve Labs Main Business
 Table 67. Twelve Labs Latest Developments
 Table 68. Pika Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 69. Pika Multimodal AI Models Product Offered
 Table 70. Pika Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 71. Pika Main Business
 Table 72. Pika Latest Developments
 Table 73. Runway Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 74. Runway Multimodal AI Models Product Offered
 Table 75. Runway Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 76. Runway Main Business
 Table 77. Runway Latest Developments
 Table 78. Adept Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 79. Adept Multimodal AI Models Product Offered
 Table 80. Adept Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 81. Adept Main Business
 Table 82. Adept Latest Developments
 Table 83. Inworld AI Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 84. Inworld AI Multimodal AI Models Product Offered
 Table 85. Inworld AI Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 86. Inworld AI Main Business
 Table 87. Inworld AI Latest Developments
 Table 88. Hundsun Technologies Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 89. Hundsun Technologies Multimodal AI Models Product Offered
 Table 90. Hundsun Technologies Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 91. Hundsun Technologies Main Business
 Table 92. Hundsun Technologies Latest Developments
 Table 93. Zhejiang Jinke Tom Culture Industry Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 94. Zhejiang Jinke Tom Culture Industry Multimodal AI Models Product Offered
 Table 95. Zhejiang Jinke Tom Culture Industry Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 96. Zhejiang Jinke Tom Culture Industry Main Business
 Table 97. Zhejiang Jinke Tom Culture Industry Latest Developments
 Table 98. Dahua Technology Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 99. Dahua Technology Multimodal AI Models Product Offered
 Table 100. Dahua Technology Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 101. Dahua Technology Main Business
 Table 102. Dahua Technology Latest Developments
 Table 103. ThunderSoft Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 104. ThunderSoft Multimodal AI Models Product Offered
 Table 105. ThunderSoft Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 106. ThunderSoft Main Business
 Table 107. ThunderSoft Latest Developments
 Table 108. Taichu Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 109. Taichu Multimodal AI Models Product Offered
 Table 110. Taichu Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 111. Taichu Main Business
 Table 112. Taichu Latest Developments
 Table 113. Nanjing Tuodao Medical Technology Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 114. Nanjing Tuodao Medical Technology Multimodal AI Models Product Offered
 Table 115. Nanjing Tuodao Medical Technology Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 116. Nanjing Tuodao Medical Technology Main Business
 Table 117. Nanjing Tuodao Medical Technology Latest Developments
 Table 118. HiDream.ai Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 119. HiDream.ai Multimodal AI Models Product Offered
 Table 120. HiDream.ai Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 121. HiDream.ai Main Business
 Table 122. HiDream.ai Latest Developments
 Table 123. Suzhou Keda Technology Details, Company Type, Multimodal AI Models Area Served and Its Competitors
 Table 124. Suzhou Keda Technology Multimodal AI Models Product Offered
 Table 125. Suzhou Keda Technology Multimodal AI Models Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 126. Suzhou Keda Technology Main Business
 Table 127. Suzhou Keda Technology Latest Developments


List of Figures
 Figure 1. Multimodal AI Models Report Years Considered
 Figure 2. Research Objectives
 Figure 3. Research Methodology
 Figure 4. Research Process and Data Source
 Figure 5. Global Multimodal AI Models Market Size Growth Rate 2019-2030 ($ millions)
 Figure 6. Multimodal AI Models Sales by Geographic Region (2019, 2023 & 2030) & ($ millions)
 Figure 7. Multimodal AI Models Sales Market Share by Country/Region (2023)
 Figure 8. Multimodal AI Models Sales Market Share by Country/Region (2019, 2023 & 2030)
 Figure 9. Global Multimodal AI Models Market Size Market Share by Type in 2023
 Figure 10. Multimodal AI Models in Medical
 Figure 11. Global Multimodal AI Models Market: Medical (2019-2024) & ($ millions)
 Figure 12. Multimodal AI Models in Finance
 Figure 13. Global Multimodal AI Models Market: Finance (2019-2024) & ($ millions)
 Figure 14. Multimodal AI Models in Retail and E-commerce
 Figure 15. Global Multimodal AI Models Market: Retail and E-commerce (2019-2024) & ($ millions)
 Figure 16. Multimodal AI Models in Entertainment
 Figure 17. Global Multimodal AI Models Market: Entertainment (2019-2024) & ($ millions)
 Figure 18. Multimodal AI Models in Others
 Figure 19. Global Multimodal AI Models Market: Others (2019-2024) & ($ millions)
 Figure 20. Global Multimodal AI Models Market Size Market Share by Application in 2023
 Figure 21. Global Multimodal AI Models Revenue Market Share by Player in 2023
 Figure 22. Global Multimodal AI Models Market Size Market Share by Region (2019-2024)
 Figure 23. Americas Multimodal AI Models Market Size 2019-2024 ($ millions)
 Figure 24. APAC Multimodal AI Models Market Size 2019-2024 ($ millions)
 Figure 25. Europe Multimodal AI Models Market Size 2019-2024 ($ millions)
 Figure 26. Middle East & Africa Multimodal AI Models Market Size 2019-2024 ($ millions)
 Figure 27. Americas Multimodal AI Models Value Market Share by Country in 2023
 Figure 28. United States Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 29. Canada Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 30. Mexico Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 31. Brazil Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 32. APAC Multimodal AI Models Market Size Market Share by Region in 2023
 Figure 33. APAC Multimodal AI Models Market Size Market Share by Type (2019-2024)
 Figure 34. APAC Multimodal AI Models Market Size Market Share by Application (2019-2024)
 Figure 35. China Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 36. Japan Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 37. South Korea Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 38. Southeast Asia Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 39. India Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 40. Australia Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 41. Europe Multimodal AI Models Market Size Market Share by Country in 2023
 Figure 42. Europe Multimodal AI Models Market Size Market Share by Type (2019-2024)
 Figure 43. Europe Multimodal AI Models Market Size Market Share by Application (2019-2024)
 Figure 44. Germany Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 45. France Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 46. UK Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 47. Italy Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 48. Russia Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 49. Middle East & Africa Multimodal AI Models Market Size Market Share by Region (2019-2024)
 Figure 50. Middle East & Africa Multimodal AI Models Market Size Market Share by Type (2019-2024)
 Figure 51. Middle East & Africa Multimodal AI Models Market Size Market Share by Application (2019-2024)
 Figure 52. Egypt Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 53. South Africa Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 54. Israel Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 55. Turkey Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 56. GCC Countries Multimodal AI Models Market Size Growth 2019-2024 ($ millions)
 Figure 57. Americas Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 58. APAC Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 59. Europe Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 60. Middle East & Africa Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 61. United States Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 62. Canada Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 63. Mexico Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 64. Brazil Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 65. China Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 66. Japan Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 67. Korea Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 68. Southeast Asia Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 69. India Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 70. Australia Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 71. Germany Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 72. France Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 73. UK Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 74. Italy Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 75. Russia Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 76. Egypt Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 77. South Africa Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 78. Israel Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 79. Turkey Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 80. GCC Countries Multimodal AI Models Market Size 2025-2030 ($ millions)
 Figure 81. Global Multimodal AI Models Market Size Market Share Forecast by Type (2025-2030)
 Figure 82. Global Multimodal AI Models Market Size Market Share Forecast by Application (2025-2030)

OpenAI
Gemini (Google)
Meta
Twelve Labs
Pika
Runway
Adept
Inworld AI
Hundsun Technologies
Zhejiang Jinke Tom Culture Industry
Dahua Technology
ThunderSoft
Taichu
Nanjing Tuodao Medical Technology
HiDream.ai
Suzhou Keda Technology

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape