Product Code: GVR-4-68040-419-2
AI Voice Generators Market Size & Trends:
The global AI voice generators market size was estimated at USD 3,564.0 million in 2023 and is projected to grow at a CAGR of 29.6% from 2024 to 2030. The market is experiencing significant growth due to the increasing demand for personalized and engaging user experiences across various industries. Businesses are seeking ways to provide customized interactions that enhance customer satisfaction and drive brand loyalty. AI voice generators enable companies to create customized voice interactions, from virtual assistants to personalized customer support, which can adapt to individual preferences and needs.
Rapid advancements in AI and machine learning technologies have significantly contributed to the growth of the market. Recent improvements in neural networks, deep learning, and natural language processing have enhanced the accuracy and quality of synthesized voices. AI models can now produce voices that closely resemble human speech in terms of intonation, emotion, and naturalness. These technological advancements make AI voice generators more viable for a wide range of applications, from entertainment to customer service. Enhanced algorithms and larger, more diverse datasets have also improved the ability of these systems to adapt to different languages, accents, and speech patterns. As technology continues to evolve, AI voice generators are becoming more sophisticated, driving further market growth. Companies are investing heavily in R&D to push the boundaries of what AI voice technology can achieve.
AI voice generators offer significant cost efficiency and operational benefits, which are key factors driving their market growth. Traditional voice-over work and customer service operations often require human voice actors and support staff, leading to higher costs and logistical challenges. AI voice generators provide a cost-effective alternative by automating these tasks, reducing the need for human resources and associated expenses. Businesses can scale their voice-based services more easily and at a lower cost, making advanced voice technology accessible to smaller enterprises as well. Furthermore, AI voice generators can operate 24/7 without the constraints of human fatigue or availability, improving operational efficiency and customer service responsiveness. The ability to generate high-quality, consistent voice outputs also ensures that businesses can maintain a uniform brand voice across various channels. As companies seek to optimize costs and improve operational efficiency, the adoption of AI voice generators continues to grow.
Global AI Voice Generators Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global AI Voice Generators market report based on offering, application, end-use, and region.
- Offering Outlook (Revenue, USD Million, 2018 - 2030)
- Software
- Services
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Audio and Speech Generation
- Voice Cloning and Conversion
- Music Composition and Generation
- Audio Dubbing and Translation
- Voice Restoration and Enhancement
- Others
- End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Media & Entertainment
- Customer Service & Call Centers
- Education & E-Learning
- Healthcare
- Advertising & Marketing
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table Of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. AI Voice Generators market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. AI Voice Generators market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. AI Voice Generators market: Offering Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. AI Voice Generators market: Offering Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Software
- 4.3.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. AI Voice Generators market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. AI Voice Generators market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Audio and Speech Generation
- 5.3.1. Audio and Speech Generation AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Voice Cloning and Conversion
- 5.4.1. Voice Cloning and Conversion AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Music Composition and Generation
- 5.5.1. Music Composition and Generation AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Voice Cloning and Conversion
- 5.6.1. Voice Cloning and Conversion AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Audio Dubbing and Translation
- 5.7.1. Audio Dubbing and Translation AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Voice Restoration and Enhancement
- 5.8.1. Voice Restoration and Enhancement AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. AI Voice Generators market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. AI Voice Generators market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Media & Entertainment
- 6.3.1. Media & Entertainment AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Customer Service & Call Centers
- 6.4.1. Customer Service & Call Centers AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Education & E-Learning
- 6.5.1. Education & E-Learning AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Healthcare
- 6.6.1. Healthcare AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Advertising & Marketing
- 6.7.1. Advertising & Marketing AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Others AI Voice Generators market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. AI Voice Generators market: Regional Estimates & Trend Analysis
- 7.1. AI Voice Generators market Share, By Region, 2023 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. KSA
- 7.6.2.1. KSA AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa AI Voice Generators market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Offering Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. Amazon Web Services, Inc.
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. Cisco Systems, Inc.
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. ElevenLabs
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Google LLC
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. International Business Machines Corporation
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. Inworld AI
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. Microsoft
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. OpenAI
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Resemble AI
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. SoundHound AI Inc.
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments