Press release
Booming Construction Activity Drives Growth of the Voice Gender Conversion Artificial Intelligence (AI) Market by 2025
What Will the Voice Gender Conversion Artificial Intelligence (AI) Market Size Reach by 2025?The sphere of artificial intelligence dedicated to voice gender conversion has witnessed remarkable, rapid expansion lately, projected to ascend from a valuation of $1.06 billion in 2024 to $1.33 billion the following year, exhibiting a compound annual growth rate of 25.5%. This historical upward trajectory is fueled significantly by the wider integration of AI within the media and entertainment sectors, escalating consumer desire for highly customized auditory interactions, the increasing prevalence of virtual reality and gaming applications, ongoing improvements in natural language processing capabilities, and the expanding deployment of virtual assistants across various platforms.
What Is the Forecasted Global Size of the Voice Gender Conversion Artificial Intelligence (AI) Market by 2029?
Anticipated to experience rapid, substantial expansion soon, the artificial intelligence market focused on voice gender conversion is projected to reach a valuation of $3.28 billion by the year 2029, driven by a compound annual growth rate (CAGR) of 25.2%. This substantial upward trajectory during the projection timeframe is underpinned by several factors, notably augmented spending on AI voice solutions, the escalating requirement for adapting content to various locales, the broader deployment of conversational agents, an intensified emphasis on tailoring user experiences and individual interactions, and the widespread adoption of mobile telephony. Key shifts expected to shape this period involve progress in deep learning methodologies and neural network architectures, improvements in modulating voices instantly, enhancements to the precision of converting voices across different genders, forward movement in synthesizing voices that convey specific emotions, and maturation in techniques for processing data quickly coupled with decentralized computing at the network's edge.
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What Are the Main Growth Drivers Accelerating the Voice Gender Conversion Artificial Intelligence (AI) Market Worldwide?
The widespread adoption of smartphones is anticipated to be a significant catalyst for the expansion of the voice gender conversion artificial intelligence (AI) sector in the near future. A smartphone represents a portable computing device that merges telephony capabilities with comprehensive processing power, enabling functions such as voice calls, web browsing, application execution, and numerous other digital operations for its users. These handheld devices are gaining favor because ongoing innovations provide enhanced speed, better network access, and versatile features, solidifying their role as indispensable instruments for everyday interaction and professional efficiency. The massive utilization of smartphones has subsequently spurred the need for gender conversion AI, given that their heavy reliance in voice and video exchanges necessitates readily available, real-time voice modification utilities empowering users to alter their vocal characteristics for reasons of anonymity or self-expression. Illustratively, data from a February 2023 publication by Uswitch Limited, a comparison service based in the UK operating both online and via telephone, indicated 71.8 million active mobile subscriptions existed in 2022, further projecting that by 2025, an estimated 95 percent of the United Kingdom's 68.3 million residents will possess a smartphone; consequently, this escalating smartphone saturation is directly influencing the upward trajectory of the market for voice gender conversion artificial intelligence.
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What Are the Dominant Trends Defining the Future of the Voice Gender Conversion Artificial Intelligence (AI) Market?
Leading firms within the voice gender conversion artificial intelligence (AI) sector are heavily invested in creating sophisticated applications, notably AI voice cloning, which aims to capture and reproduce an individual's vocal characteristics for various uses including entertainment, learning, and interpersonal interaction.This method of vocal duplication employs artificial intelligence to mimic a person's sound profile, enabling the synthesized voice to articulate any written material while retaining the original's distinct inflection and mannerisms.A concrete example occurred in July 2023 when FineShare, a software firm situated in Hong Kong, introduced its Online Voice Changer Technology, a sophisticated AI voice cloning utility that transforms the landscape of digital voice alteration by offering content creators, like those in podcasting and video production, an accessible, adaptable, and protected means to alter vocal outputs, boasting an expanding collection of more than 82 distinct voice effects that are regularly refreshed for user access, facilitating the rapid production of authentic voices spanning celebrities, fictional beings, and diverse identities, further improving its voice gender conversion capabilities through effortless modulation between male and female vocal ranges across different life stages.
How Is the Voice Gender Conversion Artificial Intelligence (AI) Market Classified Into Major Segments?
The voice gender conversion artificial intelligence (AI) market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Application: Entertainment, Healthcare, Telecommunications, Education, Customer Service, Other Applications
4) By End-User: Individuals, Enterprises, Content Creators, Call Centers, Other End-Users
Subsegments:
1) By Software: Voice Modulation Software, Voice Cloning Software, Speech Synthesis Software, AI Voice Editing Tools
2) By Hardware: Microphones, Audio Interfaces, Headsets, Voice Processing Devices
3) By Services: Consulting And Integration Services, Support And Maintenance Services, Cloud-Based Voice Conversion Services, Custom AI Voice Development Services
Which Companies Are Leading Technological Advancements in the Voice Gender Conversion Artificial Intelligence (AI) Market?
Major companies operating in the voice gender conversion artificial intelligence (AI) market are Amazon Web Services Inc.; Microsoft Corp.; NTT Corporation; iMyFone; Voicemod SL; Eleven Labs Inc.; Descript Inc.; Speechify; Murf.ai; wavel AI; Respeecher; Voice.ai; LALAL.AI; Kits AI; ACE Studio; MyEdit; FakeYou; Voice Swap; FineVoice; Voicechanger.im; Revocalize.ai; TopMediai.
Which Regions Are Driving the Global Revenue Growth of the Voice Gender Conversion Artificial Intelligence (AI) Market?
North America was the largest region in the voice gender conversion artificial intelligence (AI) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the voice gender conversion artificial intelligence (AI) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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