Press release
Rising Industry Demand Identified as a Major Catalyst Accelerating Artificial Intelligence (AI) Audio Editing Market Growth in 2025
What Will the Artificial Intelligence (AI) Audio Editing Market Size Reach by 2025?Exponential expansion characterizes the recent trajectory of the artificial intelligence audio editing market; its valuation is projected to climb from $1.55 billion in 2024 to $2.02 billion the following year, signifying a robust compound annual growth rate of 29.9%. This historical period of expansion is fueled by several key factors: a heightened need for automated processes in music and podcast refinement, greater reliance on artificial intelligence for tasks such as cleaning up audio and eliminating unwanted noise, the increasing implementation of speech-to-text and transcription utilities, the proliferation of content generation across various social media channels, and the deepening incorporation of AI technologies within digital audio workstation software.
What Will the Artificial Intelligence (AI) Audio Editing Market Valuation Amount To by 2029?
Anticipation surrounds the artificial intelligence (AI) audio editing sector, projecting substantial acceleration in its market valuation over the forthcoming years, with estimates indicating it will reach $5.68 billion by 2029, propelled by a compound annual growth rate (CAGR) of 29.5%; this upward trajectory is fundamentally driven by several factors, notably the increasing need for instantaneous AI-powered audio improvements, the broader acceptance of artificial intelligence across virtual assistants and voice-activated interfaces, the escalating deployment of AI technologies within multimedia production like film and broadcasting, a mounting emphasis on tailoring and adjusting sound editing experiences, and heightened capital allocations toward software solutions leveraging AI for creative processes; concurrently, key developments shaping this market's evolution involve sophisticated enhancements in processing audio effects instantaneously, the maturation of generative AI capabilities for generating new musical compositions and soundscapes, breakthroughs in employing artificial intelligence for the elimination of unwanted noise, the seamless blending of AI with established digital audio software, and progress in voice cloning and speech recognition technologies.
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What Key Drivers Are Expected to Influence the Artificial Intelligence (AI) Audio Editing Market's Growth Trajectory?
The increasing adoption of on-demand digital content delivery platforms, commonly known as streaming services, which instantly provide users with auditory, visual, and mixed media content over the web without prior downloading, thereby offering anytime, anywhere access to a vast library of entertainment on diverse hardware, is anticipated to fuel the expansion of the market for artificial intelligence audio manipulation tools. This surge in streaming service preference stems from the continuous consumer desire for immediate access to films, broadcasts, and musical selections, positioning these networks favorably against older forms of media distribution. AI-powered audio editing technologies significantly contribute by automatically identifying and rectifying sonic imperfections, minimizing unwelcome background disturbances, boosting overall auditory sharpness, and expediting intricate audio production workflows with enhanced accuracy and quickness. Illustratively, data surfaced in a January 2024 publication from Nielsen, an American firm specializing in media metrics and insights, revealed that in 2023, US viewers consumed an equivalent of 21 million years of video stream time, a substantial jump of 21 percent from the 17 million years recorded in 2022. Consequently, the escalating traction of these streaming platforms is directly stimulating the proliferation of the artificial intelligence audio editing sector.
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What Long-Term Industry Trends Will Impact the Artificial Intelligence (AI) Audio Editing Market Trajectory?
Key players within the artificial intelligence sound manipulation sector are concentrating efforts on pushing the boundaries of technology, specifically through innovations like the Enhanced EnCodec decoder, with the goals of elevating sonic fidelity, minimizing delays, and facilitating more streamlined, on-the-fly composition and sound creation. This Enhanced EnCodec decoder represents a sophisticated audio data compression methodology pioneered by Meta, which achieves superior sound quality through the use of reduced bitrates during both compression and decompression, consequently boosting real-time responsiveness and making AI-powered sound editing and generation processes quicker and more proficient. As an illustration of this commitment, in August of 2023, the United States technology firm Meta Platforms, Inc. introduced AudioCraft, an accessible, open-source generative artificial intelligence utility engineered to fabricate musical pieces and auditory effects based on textual instructions, comprising the MusicGen, AudioGen, and EnCodec models which empower users to craft premium audio output simply from basic textual prompts; this significant development signifies Meta's pursuit of broadening access to sophisticated AI tools for audio generation for both artistic endeavors and scholarly investigations.
How Is the Artificial Intelligence (AI) Audio Editing Market Classified Into Major Segments?
The artificial intelligence (AI) audio editing market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Deployment Mode: Cloud-Based, On-Premises
3) By Enterprise Size: Small and Medium Enterprises, Large Enterprises
4) By Application: Music Production, Podcasting, Call Centers, Automotive, Others Applications
5) By By End-User: Media And Entertainment, Education, Advertising, Corporate, Other End Users
Sub Segments:
1) By Software: Audio Editing Tools, Music Composition Software, Sound Design Applications, Voice Enhancement Programs, Speech Recognition Systems
2) By Hardware: Audio Interfaces, Digital Signal Processors, Microphones, Headphones, Studio Monitors
3) By Services: Professional Audio Editing Services, Consulting Services, Integration And Deployment Services, Training And Support Services
Which Major Firms Are Driving Strategic Developments in the Artificial Intelligence (AI) Audio Editing Market?
Major companies operating in the artificial intelligence (AI) audio editing market are Adobe Inc. ; Veritone Inc.; Krisp Technologies Inc.; ElevenLabs Inc.; Descript Inc.; Trint Limited; Murf Inc.; Neosapience Inc.; Resemble AI Inc.; Sonix Inc.; LANDR Audio Inc.; LOVO Inc.; insoundz Ltd.; DEEP ZEN LIMITED; AudioShake Inc.; Auphonic GmbH; Wondercraft Inc.; Sigmoid Creativity SRL; Jellypod Inc.; Voiseed SRL
Which Regions Are Driving the Global Revenue Growth of the Artificial Intelligence (AI) Audio Editing Market?
North America was the largest region in the artificial intelligence (AI) audio editing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) audio editing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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