PUBLISHER: KBV Research | PRODUCT CODE: 1661685
PUBLISHER: KBV Research | PRODUCT CODE: 1661685
The North America AI Voice Generators Market would witness market growth of 28.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI Voice Generators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,855.7 million by 2031. The Canada market is experiencing a CAGR of 31.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 30.6% during (2024 - 2031).
The AI voice generators market has been experiencing rapid growth, driven by advancements in artificial intelligence (AI), deep learning, and natural language processing (NLP). AI voice generators use sophisticated machine learning algorithms to synthesize human-like speech, transforming how individuals and businesses interact with voice-based applications. These solutions are widely adopted across industries, including media and entertainment, education, healthcare, banking, and customer service.
Additionally, with increasing reliance on digital transformation and automation, AI-generated voices are becoming integral to user experiences, enhancing accessibility, efficiency, and cost-effectiveness. The growing demand for personalized and lifelike synthetic voices accelerates innovations in text-to-speech (TTS) and speech-to-speech (STS) technologies.
The market is experiencing significant growth, driven by advancements in artificial intelligence and increasing demand across various industries. Two key factors contributing to this expansion are Canada's rising film, television, and video production sector and increasing healthcare spending in the United States. These trends highlight the growing need for AI-powered voice technology in entertainment and healthcare applications.
Based on End Use, the market is segmented into Media & Entertainment, Customer Service & Call Centers, Education & E-Learning, Advertising & Marketing, Healthcare, and Other End Use. Based on Application, the market is segmented into Audio and Speech Generation, Voice Cloning & Conversion, Music Composition & Generation, Audio Dubbing & Translation, Voice Restoration & Enhancement, and Other Application. Based on Offering, the market is segmented into Software and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America AI Voice Generators Market Report Segmentation
By End Use
By Application
By Offering
By Country