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North America AI Voice Cloning Market Size, Share & Industry Trends Analysis Report By Component (Software and Services), By Application, By Deployment Mode (On-premise and Cloud), By Vertical, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 107 Pages
  • July 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5868892
The North America AI Voice Cloning Market should witness market growth of 24.6% CAGR during the forecast period (2023-2030).

The market is expanding due to the quick developments in AI technology, especially in natural language processing (NLP) and machine learning (ML). AI voice cloning systems now have substantially higher accuracy and quality owing to recent developments in NLP and deep learning algorithms. The intonations, nuances,and natural flow of human speech may now be captured and replicated by AI models, making voice cloning more lifelike and indistinguishable from the original voice. The creation of more complex AI models that imitate speech patterns, decision-making processes, and human-like behaviorsis made possible by these.

Additionally, AI cloning enables the development of virtual customer service representatives to offer round-the-clock assistance, handle customer inquiries, and help with everyday issues, improving customer service efficiency, lowering costs, and increasing customer satisfaction, which is what is driving the implementation of AI cloning innovations in the customer service industry. AI technology advancements drive the industry, the demand for individualized user experiences, and improved customer service. Market trends include integrating AR and VR, neural networks and deep learning, ethical issues, and regulation.

Nearly half of American people say they use programs like voice assistantsto interact with smartphones and other gadgets, according to a Pew Research Center survey. Voice-controlled digital assistants have been implemented into a wide range of consumer products. Manypeople alsoclaimto use voice assistants because they are enjoyable, speaking to the assistant sounds more natural than typing, or the programs are simpler for kids. Consequently, voice assistants and AI voice cloning are used extensively in many devices and appliances.

This is also possible becauseof more important market players in thisregion, including IBM Corporation, Microsoft Corporation, Google LLC,and Amazon Web Services, Inc. The adoption of smart gadgets like tablets, smartphones,and laptops, among others, is also anticipated to expand the regional market's revenue. For instance, according to the World Bank, the US, Canada, and Mexico had 92, 93, and 76 percent of the population, respectively, utilizing the Internet in 2021. Additionally, businesses have invested in creating new voice cloning software because of the growing presence of huge corporations and the established IT ecosystem.

The US market dominated the North America AI Voice Cloning Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,284.1 million by 2030. The Canada market is showcasing a CAGR of 27.4% during (2023-2030). Additionally, The Mexico market would register a CAGR of 26.3% during (2023-2030).

Based on Component, the market is segmented into Software and Services. Based on Application, the market is segmented into Podcasting & Audiobooks, Advertising, Gaming, Chatbots & Virtual Assistants, Assistive Technologies, and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Vertical, the market is segmented into Media & Entertainment, Healthcare & Life Sciences, Education & E-Learning and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Google LLC (Alphabet Inc.), Microsoft Corporation, Descript, Inc., LumenVox LLC, Amazon.com, Inc., Baidu, Inc., CandyVoice SAS, iSpeech, Inc., and CereProc Ltd.

Scope of the Study

By Component

  • Software
  • Services

By Application

  • Podcasting & Audiobooks
  • Advertising
  • Gaming
  • Chatbots & Virtual Assistants
  • Assistive Technologies
  • Others

By Deployment Mode

  • On-premise
  • Cloud

By Vertical

  • Media & Entertainment
  • Healthcare & Life Sciences
  • Education & E-Learning
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • IBM Corporation
  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • Descript, Inc.
  • LumenVox LLC
  • Amazon.com, Inc.
  • Baidu, Inc.
  • CandyVoice SAS
  • iSpeech, Inc.
  • CereProc Ltd.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI Voice Cloning Market, by Component
1.4.2 North America AI Voice Cloning Market, by Application
1.4.3 North America AI Voice Cloning Market, by Deployment Mode
1.4.4 North America AI Voice Cloning Market, by Vertical
1.4.5 North America AI Voice Cloning Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. North America AI Voice Cloning Market by Component
4.1 North America Software Market by Country
4.2 North America Services Market by Country
Chapter 5. North America AI Voice Cloning Market by Application
5.1 North America Podcasting & Audiobooks Market by Country
5.2 North America Advertising Market by Country
5.3 North America Gaming Market by Country
5.4 North America Chatbots & Virtual Assistants Market by Country
5.5 North America Assistive Technologies Market by Country
5.6 North America Others Market by Country
Chapter 6. North America AI Voice Cloning Market by Deployment Mode
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America AI Voice Cloning Market by Vertical
7.1 North America Media & Entertainment Market by Country
7.2 North America Healthcare & Life Sciences Market by Country
7.3 North America Education & E-Learning Market by Country
7.4 North America Others Market by Country
Chapter 8. North America AI Voice Cloning Market by Country
8.1 US AI Voice Cloning Market
8.1.1 US AI Voice Cloning Market by Component
8.1.2 US AI Voice Cloning Market by Application
8.1.3 US AI Voice Cloning Market by Deployment Mode
8.1.4 US AI Voice Cloning Market by Vertical
8.2 Canada AI Voice Cloning Market
8.2.1 Canada AI Voice Cloning Market by Component
8.2.2 Canada AI Voice Cloning Market by Application
8.2.3 Canada AI Voice Cloning Market by Deployment Mode
8.2.4 Canada AI Voice Cloning Market by Vertical
8.3 Mexico AI Voice Cloning Market
8.3.1 Mexico AI Voice Cloning Market by Component
8.3.2 Mexico AI Voice Cloning Market by Application
8.3.3 Mexico AI Voice Cloning Market by Deployment Mode
8.3.4 Mexico AI Voice Cloning Market by Vertical
8.4 Rest of North America AI Voice Cloning Market
8.4.1 Rest of North America AI Voice Cloning Market by Component
8.4.2 Rest of North America AI Voice Cloning Market by Application
8.4.3 Rest of North America AI Voice Cloning Market by Deployment Mode
8.4.4 Rest of North America AI Voice Cloning Market by Vertical
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Google LLC (Alphabet Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Descript, Inc.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 LumenVox LLC
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 Amazon.com, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 SWOT Analysis
9.7 Baidu, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 CandyVoice SAS
9.8.1 Company Overview
9.9 iSpeech, Inc.
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. CereProc Ltd.
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • IBM Corporation
  • Google LLC (Alphabet Inc.)
  • Microsoft Corporation
  • Descript, Inc.
  • LumenVox LLC
  • Amazon.com, Inc.
  • Baidu, Inc.
  • CandyVoice SAS
  • iSpeech, Inc.
  • CereProc Ltd.

Methodology

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