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Artificial Intelligence (AI) Voice Generator Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Artificial Intelligence (AI) Voice Generator
What Is the Expected Artificial Intelligence (AI) Voice Generator Market Size During the Forecast Period?
The artificial intelligence (AI) voice generator market has grown rapidly and is set to rise from $2.07 billion in 2024 to $2.49 billion in 2025 at a CAGR of 20.1%. Key growth factors include increased reliance on virtual assistants, demand for automated customer service, wider gaming applications, and improved accessibility for visually impaired users.
The artificial intelligence (AI) voice generator market will expand rapidly to $5.15 billion in 2029 at a CAGR of 19.9%, fueled by device integration, virtual assistants, customer personalization, gaming trends, accessibility, and audio content growth; major trends include NLP improvements, emotional intelligence in voices, IoT integration, and advanced cloning.
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What Are the High-Growth Segments in the Artificial Intelligence (AI) Voice Generator Market?
The artificial intelligence (AI) voice generator market covered in this report is segmented -
1) By Type: Text To Speech, Voice Changer
2) By Deployment: On-premise , Cloud Based
3) By End-User: Healthcare, Banking, Financial Services And Insurance (BFSI), Manufacturing, Advertising And Media, Retail, Automotive, Transportation, Other End-Use Industries
Subsegments:
1) By Text To Speech: Neural Tts (Text-To-Speech), Standard Tts, Speech Synthesis Markup Language (Ssml) Tts
2) By Voice Changer: Real-Time Voice Changer, Post-Processing Voice Changer, Customizable Voice Changer
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What Key Drivers Are Expected to Influence Future Artificial Intelligence (AI) Voice Generator Market Growth?
Higher demand for AI in media and advertising is expected to support the growth of the artificial intelligence (AI) voice generator market. AI improves advertising by targeting specific audiences, personalizing content, and analyzing data to boost ROI. AI voice generators enhance this space by creating high-quality voice content quickly and engaging audiences. For instance, in November 2023, MediaRadar reported an 87% increase in active AI advertisers from summer 2022 to summer 2023, rising from 70 to 120. Thus, this growing demand is fueling the AI voice generator market.
Which Companies Hold the Largest Share Across Different Artificial Intelligence (AI) Voice Generator Market Segments?
Major companies operating in the artificial intelligence (AI) voice generator market are Google LLC, Amazon Web Services Inc., Microsoft Azure, International Business Machines Corporation, Oracle Corporation, Baidu Inc., Iflytek Co. Ltd., Lingraphica Inc., Veritone Voice Inc., Descript Inc., Speechify Inc., Clipchamp Pty Ltd., ElevenLabs SAS, Murf Ai Inc., WellSaid Labs Inc., Resemble AI Pty Ltd., iSpeech Inc., CereProc Ltd., Speechelo Inc., VocaliD Inc., Voicery Inc., Replica Studios Inc., Voxygen Productions, Voicebooking.com BV, Lovo Inc., NaturalReader
What Are the Major Trends Shaping the Artificial Intelligence (AI) Voice Generator Market?
In the AI voice generator market, companies are focusing on voice cloning tools to provide more natural and personalized experiences. In March 2024, OpenAI launched the Voice Engine, a tool designed to replicate speech patterns with high accuracy. This technology aims to improve reading assistance, therapeutic support, and personalized content creation across various industries.
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What Are the Emerging Geographies for The Artificial Intelligence (AI) Voice Generator Market Growth?
North America was the largest region in the artificial intelligence (AI) voice generator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) voice generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) Voice Generator Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) Voice Generator Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) Voice Generator Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) Voice Generator Market?
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