
According to Statista, the generative AI market is expected to be valued at $66.2 billion in 2024. That's an impressive growth, considering generative AI tools only became mainstream in the past few years.
Today, AI tools can do anything from grading exams to generating videos and images for content creation. Both brands and individual creators can use AI for video production.
Let's look at some popular tools to help you find the best AI video generator for your use cases.
The working mechanism of each AI video generator is different. However, most of them use a text-to-video approach.
You simply provide a prompt, such as ''Create a video about the benefits of using AI in marketing." The video generator will then create a video using stock footage, animations, images, and soundtrack
You can then tweak the video to your liking. For example, you may add your branding elements or change the background music.
You can also add a voice-over to your video. Here are some videos you can create with AI video generators:
.gif)
What is the best AI video generator, you may ask? The answer depends on your specific needs. So, you get to decide that. However, before you can make a decision, you should be familiar with some of the best tools available.
Here are a few of our top picks for AI video production tools.

Cost: Starter plan comes at $22 per month and Creator plan at $67 per month. Enterprise pricing is available upon request.
Synthesia is one of the leading AI tools for video generation, with features like business templates, avatars, multiple languages, accents, and more.
Some key features of Synthesia include:

Cost: The Basic plan is $25 per month, while the Max plan is $60 per month. A free plan is also available.
Just like Synthesia, InVideo AI also makes video production with AI a breeze. The tool is ideal for marketers, content creators, entrepreneurs, and agencies. Some of its key features are:

Cost: The Creator plan costs $15 per person per month; the Pro plan is $30 per person. Enterprise pricing is available upon request.
Designed particularly for podcasts, Descript is an AI video production tool for professionals. It's suitable for use cases where you need to collaborate with a team or other stakeholders. The tool supports multi-user collaboration and lets you share your projects with anyone for easy listening or viewing.
Here are its notable features:

Cost: Starter plan comes at $27 per month, and the Pro plan is $87 per month. Custom pricing is available for the Enterprise plan.
Colossyan AI is primarily designed for workplace learning video generation, such as onboarding and training videos. However, you can also use it for other purposes, such as creating explainer videos, product demos, and marketing videos.
It offers the following features:

Cost: Freemium model. Pricing is available upon request.
The Pika AI video generator is a next-level tool that converts your image or text prompts into videos. Its features include:

Cost: The Lite plan costs $30 per month, and the Business plan comes at $112 per month. Custom pricing is available for the Enterprise plan. The free plan offers 3 minutes of free video per month.
Hour One is another tool for video production with AI that assists you from start to finish in the whole process. Its offerings range from AI avatars and languages to designed templates and team collaboration. Here's a look at its features:

Cost: The Standard plan costs $12 per month; the Pro plan costs $28 per month, and the Unlimited plan comes at $76 per month. A free plan with 125 credits and 3 video projects every month is available.
Runway is an AI research company that offers a multitude of tools, including one for video production. Whether you're a content creator, filmmaker, artist, business owner, or casual video editor, Runway has something for everyone. Here's a look at its features:

Cost: The Basic plan is $23 per month, while the Advanced plan offers 50 minutes of video per month for $100. Custom pricing and a 1-minute free demo are also available.
Elai is a text-to-video generator that lets you create AI videos for marketing, social media, and other use cases.
While Elai has a lot of other features, its avatars take the spotlight. Elai has a library of premade avatars that you can use in your videos. You can also create custom avatars using your selfies or simply upload a photo to create an avatar.
The cool thing about Elai is that it also lets you create an avatar of your company's mascot. Some other features include:

Cost: The Starter plan costs $29 per month, the Professional $59 per month, and the Teams $149 per month. A free trial is available with 3 video projects, each 10 minutes long.
Pictory is a script-to-video creator that can turn your scripts or blog posts into videos in minutes. It could also be used as an NSFW AI video generator for adult blogs that might want video snippets to accompany their content. You don't have to type the script in Pictory; a link to your blog would suffice.
Its features include:
Whether you're looking for a free AI video generator or need one specifically for your marketing use cases, there's a plethora of options suited to different users and budgets.
Note that an AI video generator free version will be limited in features and video length, so it's always worth investing in a paid plan if you're planning on using these tools for professional purposes.
However, we recommend checking the free trials and demos for at least three to five tools before you take your pick. Also, see what other features they offer, such as social media integrations or analytics tracking, to make the most of your AI video generator.
No matter which AI tools you use, polished editing is what separates good videos from great ones. Read INDIRAP's breakdown of the most effective video editing techniques to get the most out of your footage.

Julian Tillotson is the Founder & CEO of INDIRAP, a full-service video production and creative strategy agency based in Chicago, IL. With 10+ years of experience, INDIRAP has delivered 20,000+ videos to 900+ clients across 40+ industries, making it one of North America's leading digital creative agencies.