92% use AI, regional content grows 139% in 2024; Report

The creator economy contributes 2.5% to India’s GDP and employs 8% of the workforce, according to Classplus Creator Trends Report 2024. Currently valued at $4.58 billion, the sector is projected to grow tenfold by 2030. Furthermore, it also revealed that over 92% of content creators are now leveraging AI-powered tools to enhance efficiency, with productivity doubling as a result. Tools like AI Convert have recorded a revenue increase of 235% from the previous year, the report added.