AI Voice Generators Market Size, Share & Trends Analysis Report By Offering (Software, Services), By Application (Audio & Speech Generation, Voice Cloning & Conversion), By End-use, By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED: August 19, 2024

PAGES: 150 Pages

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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
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
Latin America
- Brazil
Middle East and Africa (MEA)
- KSA
- UAE
- South Africa

Product Code: GVR-4-68040-419-2

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

Product Code: GVR-4-68040-419-2

List of Tables

Table 1 Global AI Voice Generators Market by offering, 2018 - 2030 (USD Million)
Table 2 Global AI Voice Generators Market by application, 2018 - 2030 (USD Million)
Table 3 Global AI Voice Generators Market by end use, 2018 - 2030 (USD Million)
Table 4 Global AI Voice Generators Market by region, 2018 - 2030 (USD Million)
Table 5 North America AI Voice Generators Market by country, 2018 - 2030 (USD Million)
Table 6 Europe AI Voice Generators Market by country, 2018 - 2030 (USD Million)
Table 7 Asia Pacific AI Voice Generators Market by country, 2018 - 2030 (USD Million)
Table 8 Latin America AI Voice Generators Market by country, 2018 - 2030 (USD Million)
Table 9 MEA AI Voice Generators Market by country, 2018 - 2030 (USD Million)
Table 10 Key companies launching new products/services
Table 11 Key companies engaged in mergers & acquisition
Table 12 Key companies engaged in Research & development
Table 13 Key Companies engaged in expansion

List of Figures

Fig. 1 AI Voice Generators Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Market formulation & validation
Fig. 7 AI Voice Generators Market snapshot
Fig. 8 AI Voice Generators Market segment snapshot
Fig. 9 AI Voice Generators Market competitive landscape snapshot
Fig. 10 Market driver impact analysis
Fig. 11 Market restraint impact analysis
Fig. 12 AI Voice Generators Market, Offering outlook key takeaways (USD Million)
Fig. 13 AI Voice Generators Market: Offering movement analysis 2024 & 2030 (USD Million)
Fig. 14 Software market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 15 Services market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 16 AI Voice Generators Market: Application outlook key takeaways (USD Million)
Fig. 17 AI Voice Generators Market: Application movement analysis 2024 & 2030 (USD Million)
Fig. 18 Audio and Speech Generation market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 19 Voice Cloning and Conversion market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Music Composition and Generation market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Audio Dubbing and Translation market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 22 Voice Restoration and Enhancement market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 23 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 AI Voice Generators Market: end use outlook key takeaways (USD Million)
Fig. 25 AI Voice Generators Market: end use movement analysis 2024 & 2030 (USD Million)
Fig. 26 Media & Entertainment market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 27 Customer Service & Call Centers market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Education & E-Learning market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Healthcare market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Advertising & Marketing market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 Regional marketplace: Key takeaways
Fig. 33 AI Voice Generators Market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 34 North America AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 U.S. AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Canada AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Mexico AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 Europe AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 UK AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Germany AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 France AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Asia Pacific AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 China AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Japan AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 India AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 South Korea AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Australia AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 Latin America AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Brazil AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 MEA AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 KSA AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 UAE AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 South Africa AI Voice Generators Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Company Categorization
Fig. 55 Company Market Positioning
Fig. 56 Strategy framework