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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 Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 274 Pages
  • July 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5869066
The Global AI Voice Cloning Market size is expected to reach $7.9 billion by 2030, rising at a market growth of 25.2% CAGR during the forecast period.

AI dubbing is a new trend that enables production businesses and content creators to translate their work for worldwide markets without hiring voice actors from other countries, therefore, the Media & Entertainment sector is expected to capture approximately 2/5thshare of the market by 2030. For example, the International Trade Administration (ITA) predicted the worldwide music industry wasworth $80.2 billion in 2020. The top 5 nations worldwide in terms of income werethe US, Germany, Japan, the UK, and China. In 2020, streaming services remained a significant factor in the growth of the music and entertainment industries. The International Federation of the Phonographic Industry (IFPI) also estimatedthat recorded music sales income increased internationally by 9.0% in 2022. Over the past few years, digital revenues have been rising gradually, and by 2022, streaming represented 67.0% of all recorded music sales globally, up from 66.0% in 2021. There were 589 million paid subscription accounts globally by the conclusion of that year. Some of the factors impacting the market are growing demand among individuals to recover their innate speech ability, rising implementation and usageof assistive technologies, and risk of cyberattacks and identity theft.



Artificial intelligence (AI) enables impaired persons to fully exploit voice cloning technology. People with disabilities like Amyotrophic Lateral Sclerosis (ALS), Huntington's illness, autism, traumatic brain injuries, apraxia,and those who can no longer use their voice can benefit from the capacity to clone a disabled person's voice. Before their voice is lost, people can use voice cloning to save it. A donor's filter is combined with a few seconds of the recipient's vowel sound captured by the technology to create a voice similar to the recipients. These services are especially helpful for folks with trouble pronouncing words or poor communication skills. Today, a huge range of assistive technology makes it possible for almost everyone to utilize information technology (IT). In the future assistive technologiesmay significantly depend on AI and ML due to the rapidly aging population. These innovations help those who have vision problems, elderly people, or people who have mobility issues. These gadgets' usability and efficiency are improved by AI voice cloning, which enables them to deliver tailored and natural voice responses. Hence, the increasing use of assistive technologies utilizing AI voice cloning will propel the expansion of the market in the coming years.

However, content producers and musicians are in danger of impersonation and frauddue to how quickly thieves can train AIvoice cloning technology to learn certain sounds. These incidents raise the issue of whether or not voice copyright should be granted to artists and content producers. Additionally, because identity theft may occur more likely, people's livelihoods are in danger. Due to the ability of criminals to get around voice-based authentication methods, it puts cybersecurity and privacy at risk. Throughout the projection period, these factors are anticipated to limit market growth.

Component Outlook

Based on component, the market is characterized into software and services. The software segment garnered the highest revenue share in the market in 2022. Due to advancements in speech synthesis, deep learning,and voice conversion techniques, AI voice cloning solutions are developing quickly. The current advancements in this area are enhancing voice quality, enabling personalization, supporting accented speech and multilingualism, and investigating real-time voice conversion abilities. AI voice cloning technologies are anticipated to become increasingly important as technology advances in several sectors, including communication, human-computer interaction, and entertainment.

Deployment Mode Outlook

On the basis of deployment mode, the market is classified into on-premise and cloud. The on-premise segment acquired the largest revenue share in the market in 2022. Businesses may use on-premise solutions to safeguard their intellectual property if they view their voice cloning algorithms and modelsas valuable assets. They can keep full control of their voice cloning technology as well as prevent any possible breaches or unwanted access by keeping the entire process internal. Organizations have more freedom to modify and perfect their voice cloning models in accordance with particular needs because of on-premise AI voice cloning solutions.



Application Outlook

By application, the market is divided into gaming, advertising, assistive technologies, chatbots & virtual assistants, audiobooks & podcasting, and others. The assistive technologies segment procured a promising growth rate in the market in 2022. For people who cannot talk or struggle with verbal communication, AI voice cloning can provide customized voices. The AI model can be trained using the person's prior voice recordings or by employing a voice similar to theirs, enabling them to communicate more truthfully. Real-time voice cloning systems are being developed by researchers, giving people instant access to their distinctive synthetic speech during phone calls, video conferences, and live interactions.

Vertical Outlook

Based on vertical, the market is segmented into media & entertainment, healthcare & life sciences, education & e-learning, and others. The healthcare and life sciences segment recorded a substantial revenue share in the market in 2022. Artificial intelligence voice cloning technology is being adopted by the healthcare sector to enhance patient care as well as automate administrative work. Professionals in these fields must interact with their clients in order to gain their trust. The use of AI voice cloning is becoming extremely important, especially for online users who are healthcare and social service professionals.

Regional Outlook

Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment garnered a considerable growth rate in the market in 2022. Many businesses in this region are funding the development, research,and commercialization of AI voice cloning. Regional market expansion is being supported by partnerships between tech firms, academic institutions, and business stakeholders.

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 Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 Global AI Voice Cloning Market, by Component
1.4.2 Global AI Voice Cloning Market, by Application
1.4.3 Global AI Voice Cloning Market, by Deployment Mode
1.4.4 Global AI Voice Cloning Market, by Vertical
1.4.5 Global AI Voice Cloning Market, by Geography
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
3.1 Porter Five Forces Analysis
Chapter 4. Global AI Voice Cloning Market by Component
4.1 Global Software Market by Region
4.2 Global Services Market by Region
Chapter 5. Global AI Voice Cloning Market by Application
5.1 Global Podcasting & Audiobooks Market by Region
5.2 Global Advertising Market by Region
5.3 Global Gaming Market by Region
5.4 Global Chatbots & Virtual Assistants Market by Region
5.5 Global Assistive Technologies Market by Region
5.6 Global Others Market by Region
Chapter 6. Global AI Voice Cloning Market by Deployment Mode
6.1 Global On-premise Market by Region
6.2 Global Cloud Market by Region
Chapter 7. Global AI Voice Cloning Market by Vertical
7.1 Global Media & Entertainment Market by Region
7.2 Global Healthcare & Life Sciences Market by Region
7.3 Global Education & E-Learning Market by Region
7.4 Global Others Market by Region
Chapter 8. Global AI Voice Cloning Market by Region
8.1 North America AI Voice Cloning Market
8.1.1 North America AI Voice Cloning Market by Component
8.1.1.1 North America Software Market by Country
8.1.1.2 North America Services Market by Country
8.1.2 North America AI Voice Cloning Market by Application
8.1.2.1 North America Podcasting & Audiobooks Market by Country
8.1.2.2 North America Advertising Market by Country
8.1.2.3 North America Gaming Market by Country
8.1.2.4 North America Chatbots & Virtual Assistants Market by Country
8.1.2.5 North America Assistive Technologies Market by Country
8.1.2.6 North America Others Market by Country
8.1.3 North America AI Voice Cloning Market by Deployment Mode
8.1.3.1 North America On-premise Market by Country
8.1.3.2 North America Cloud Market by Country
8.1.4 North America AI Voice Cloning Market by Vertical
8.1.4.1 North America Media & Entertainment Market by Country
8.1.4.2 North America Healthcare & Life Sciences Market by Country
8.1.4.3 North America Education & E-Learning Market by Country
8.1.4.4 North America Others Market by Country
8.1.5 North America AI Voice Cloning Market by Country
8.1.5.1 US AI Voice Cloning Market
8.1.5.1.1 US AI Voice Cloning Market by Component
8.1.5.1.2 US AI Voice Cloning Market by Application
8.1.5.1.3 US AI Voice Cloning Market by Deployment Mode
8.1.5.1.4 US AI Voice Cloning Market by Vertical
8.1.5.2 Canada AI Voice Cloning Market
8.1.5.2.1 Canada AI Voice Cloning Market by Component
8.1.5.2.2 Canada AI Voice Cloning Market by Application
8.1.5.2.3 Canada AI Voice Cloning Market by Deployment Mode
8.1.5.2.4 Canada AI Voice Cloning Market by Vertical
8.1.5.3 Mexico AI Voice Cloning Market
8.1.5.3.1 Mexico AI Voice Cloning Market by Component
8.1.5.3.2 Mexico AI Voice Cloning Market by Application
8.1.5.3.3 Mexico AI Voice Cloning Market by Deployment Mode
8.1.5.3.4 Mexico AI Voice Cloning Market by Vertical
8.1.5.4 Rest of North America AI Voice Cloning Market
8.1.5.4.1 Rest of North America AI Voice Cloning Market by Component
8.1.5.4.2 Rest of North America AI Voice Cloning Market by Application
8.1.5.4.3 Rest of North America AI Voice Cloning Market by Deployment Mode
8.1.5.4.4 Rest of North America AI Voice Cloning Market by Vertical
8.2 Europe AI Voice Cloning Market
8.2.1 Europe AI Voice Cloning Market by Component
8.2.1.1 Europe Software Market by Country
8.2.1.2 Europe Services Market by Country
8.2.2 Europe AI Voice Cloning Market by Application
8.2.2.1 Europe Podcasting & Audiobooks Market by Country
8.2.2.2 Europe Advertising Market by Country
8.2.2.3 Europe Gaming Market by Country
8.2.2.4 Europe Chatbots & Virtual Assistants Market by Country
8.2.2.5 Europe Assistive Technologies Market by Country
8.2.2.6 Europe Others Market by Country
8.2.3 Europe AI Voice Cloning Market by Deployment Mode
8.2.3.1 Europe On-premise Market by Country
8.2.3.2 Europe Cloud Market by Country
8.2.4 Europe AI Voice Cloning Market by Vertical
8.2.4.1 Europe Media & Entertainment Market by Country
8.2.4.2 Europe Healthcare & Life Sciences Market by Country
8.2.4.3 Europe Education & E-Learning Market by Country
8.2.4.4 Europe Others Market by Country
8.2.5 Europe AI Voice Cloning Market by Country
8.2.5.1 Germany AI Voice Cloning Market
8.2.5.1.1 Germany AI Voice Cloning Market by Component
8.2.5.1.2 Germany AI Voice Cloning Market by Application
8.2.5.1.3 Germany AI Voice Cloning Market by Deployment Mode
8.2.5.1.4 Germany AI Voice Cloning Market by Vertical
8.2.5.2 UK AI Voice Cloning Market
8.2.5.2.1 UK AI Voice Cloning Market by Component
8.2.5.2.2 UK AI Voice Cloning Market by Application
8.2.5.2.3 UK AI Voice Cloning Market by Deployment Mode
8.2.5.2.4 UK AI Voice Cloning Market by Vertical
8.2.5.3 France AI Voice Cloning Market
8.2.5.3.1 France AI Voice Cloning Market by Component
8.2.5.3.2 France AI Voice Cloning Market by Application
8.2.5.3.3 France AI Voice Cloning Market by Deployment Mode
8.2.5.3.4 France AI Voice Cloning Market by Vertical
8.2.5.4 Russia AI Voice Cloning Market
8.2.5.4.1 Russia AI Voice Cloning Market by Component
8.2.5.4.2 Russia AI Voice Cloning Market by Application
8.2.5.4.3 Russia AI Voice Cloning Market by Deployment Mode
8.2.5.4.4 Russia AI Voice Cloning Market by Vertical
8.2.5.5 Spain AI Voice Cloning Market
8.2.5.5.1 Spain AI Voice Cloning Market by Component
8.2.5.5.2 Spain AI Voice Cloning Market by Application
8.2.5.5.3 Spain AI Voice Cloning Market by Deployment Mode
8.2.5.5.4 Spain AI Voice Cloning Market by Vertical
8.2.5.6 Italy AI Voice Cloning Market
8.2.5.6.1 Italy AI Voice Cloning Market by Component
8.2.5.6.2 Italy AI Voice Cloning Market by Application
8.2.5.6.3 Italy AI Voice Cloning Market by Deployment Mode
8.2.5.6.4 Italy AI Voice Cloning Market by Vertical
8.2.5.7 Rest of Europe AI Voice Cloning Market
8.2.5.7.1 Rest of Europe AI Voice Cloning Market by Component
8.2.5.7.2 Rest of Europe AI Voice Cloning Market by Application
8.2.5.7.3 Rest of Europe AI Voice Cloning Market by Deployment Mode
8.2.5.7.4 Rest of Europe AI Voice Cloning Market by Vertical
8.3 Asia Pacific AI Voice Cloning Market
8.3.1 Asia Pacific AI Voice Cloning Market by Component
8.3.1.1 Asia Pacific Software Market by Country
8.3.1.2 Asia Pacific Services Market by Country
8.3.2 Asia Pacific AI Voice Cloning Market by Application
8.3.2.1 Asia Pacific Podcasting & Audiobooks Market by Country
8.3.2.2 Asia Pacific Advertising Market by Country
8.3.2.3 Asia Pacific Gaming Market by Country
8.3.2.4 Asia Pacific Chatbots & Virtual Assistants Market by Country
8.3.2.5 Asia Pacific Assistive Technologies Market by Country
8.3.2.6 Asia Pacific Others Market by Country
8.3.3 Asia Pacific AI Voice Cloning Market by Deployment Mode
8.3.3.1 Asia Pacific On-premise Market by Country
8.3.3.2 Asia Pacific Cloud Market by Country
8.3.4 Asia Pacific AI Voice Cloning Market by Vertical
8.3.4.1 Asia Pacific Media & Entertainment Market by Country
8.3.4.2 Asia Pacific Healthcare & Life Sciences Market by Country
8.3.4.3 Asia Pacific Education & E-Learning Market by Country
8.3.4.4 Asia Pacific Others Market by Country
8.3.5 Asia Pacific AI Voice Cloning Market by Country
8.3.5.1 China AI Voice Cloning Market
8.3.5.1.1 China AI Voice Cloning Market by Component
8.3.5.1.2 China AI Voice Cloning Market by Application
8.3.5.1.3 China AI Voice Cloning Market by Deployment Mode
8.3.5.1.4 China AI Voice Cloning Market by Vertical
8.3.5.2 Japan AI Voice Cloning Market
8.3.5.2.1 Japan AI Voice Cloning Market by Component
8.3.5.2.2 Japan AI Voice Cloning Market by Application
8.3.5.2.3 Japan AI Voice Cloning Market by Deployment Mode
8.3.5.2.4 Japan AI Voice Cloning Market by Vertical
8.3.5.3 India AI Voice Cloning Market
8.3.5.3.1 India AI Voice Cloning Market by Component
8.3.5.3.2 India AI Voice Cloning Market by Application
8.3.5.3.3 India AI Voice Cloning Market by Deployment Mode
8.3.5.3.4 India AI Voice Cloning Market by Vertical
8.3.5.4 South Korea AI Voice Cloning Market
8.3.5.4.1 South Korea AI Voice Cloning Market by Component
8.3.5.4.2 South Korea AI Voice Cloning Market by Application
8.3.5.4.3 South Korea AI Voice Cloning Market by Deployment Mode
8.3.5.4.4 South Korea AI Voice Cloning Market by Vertical
8.3.5.5 Singapore AI Voice Cloning Market
8.3.5.5.1 Singapore AI Voice Cloning Market by Component
8.3.5.5.2 Singapore AI Voice Cloning Market by Application
8.3.5.5.3 Singapore AI Voice Cloning Market by Deployment Mode
8.3.5.5.4 Singapore AI Voice Cloning Market by Vertical
8.3.5.6 Malaysia AI Voice Cloning Market
8.3.5.6.1 Malaysia AI Voice Cloning Market by Component
8.3.5.6.2 Malaysia AI Voice Cloning Market by Application
8.3.5.6.3 Malaysia AI Voice Cloning Market by Deployment Mode
8.3.5.6.4 Malaysia AI Voice Cloning Market by Vertical
8.3.5.7 Rest of Asia Pacific AI Voice Cloning Market
8.3.5.7.1 Rest of Asia Pacific AI Voice Cloning Market by Component
8.3.5.7.2 Rest of Asia Pacific AI Voice Cloning Market by Application
8.3.5.7.3 Rest of Asia Pacific AI Voice Cloning Market by Deployment Mode
8.3.5.7.4 Rest of Asia Pacific AI Voice Cloning Market by Vertical
8.4 LAMEA AI Voice Cloning Market
8.4.1 LAMEA AI Voice Cloning Market by Component
8.4.1.1 LAMEA Software Market by Country
8.4.1.2 LAMEA Services Market by Country
8.4.2 LAMEA AI Voice Cloning Market by Application
8.4.2.1 LAMEA Podcasting & Audiobooks Market by Country
8.4.2.2 LAMEA Advertising Market by Country
8.4.2.3 LAMEA Gaming Market by Country
8.4.2.4 LAMEA Chatbots & Virtual Assistants Market by Country
8.4.2.5 LAMEA Assistive Technologies Market by Country
8.4.2.6 LAMEA Others Market by Country
8.4.3 LAMEA AI Voice Cloning Market by Deployment Mode
8.4.3.1 LAMEA On-premise Market by Country
8.4.3.2 LAMEA Cloud Market by Country
8.4.4 LAMEA AI Voice Cloning Market by Vertical
8.4.4.1 LAMEA Media & Entertainment Market by Country
8.4.4.2 LAMEA Healthcare & Life Sciences Market by Country
8.4.4.3 LAMEA Education & E-Learning Market by Country
8.4.4.4 LAMEA Others Market by Country
8.4.5 LAMEA AI Voice Cloning Market by Country
8.4.5.1 Brazil AI Voice Cloning Market
8.4.5.1.1 Brazil AI Voice Cloning Market by Component
8.4.5.1.2 Brazil AI Voice Cloning Market by Application
8.4.5.1.3 Brazil AI Voice Cloning Market by Deployment Mode
8.4.5.1.4 Brazil AI Voice Cloning Market by Vertical
8.4.5.2 Argentina AI Voice Cloning Market
8.4.5.2.1 Argentina AI Voice Cloning Market by Component
8.4.5.2.2 Argentina AI Voice Cloning Market by Application
8.4.5.2.3 Argentina AI Voice Cloning Market by Deployment Mode
8.4.5.2.4 Argentina AI Voice Cloning Market by Vertical
8.4.5.3 UAE AI Voice Cloning Market
8.4.5.3.1 UAE AI Voice Cloning Market by Component
8.4.5.3.2 UAE AI Voice Cloning Market by Application
8.4.5.3.3 UAE AI Voice Cloning Market by Deployment Mode
8.4.5.3.4 UAE AI Voice Cloning Market by Vertical
8.4.5.4 Saudi Arabia AI Voice Cloning Market
8.4.5.4.1 Saudi Arabia AI Voice Cloning Market by Component
8.4.5.4.2 Saudi Arabia AI Voice Cloning Market by Application
8.4.5.4.3 Saudi Arabia AI Voice Cloning Market by Deployment Mode
8.4.5.4.4 Saudi Arabia AI Voice Cloning Market by Vertical
8.4.5.5 South Africa AI Voice Cloning Market
8.4.5.5.1 South Africa AI Voice Cloning Market by Component
8.4.5.5.2 South Africa AI Voice Cloning Market by Application
8.4.5.5.3 South Africa AI Voice Cloning Market by Deployment Mode
8.4.5.5.4 South Africa AI Voice Cloning Market by Vertical
8.4.5.6 Nigeria AI Voice Cloning Market
8.4.5.6.1 Nigeria AI Voice Cloning Market by Component
8.4.5.6.2 Nigeria AI Voice Cloning Market by Application
8.4.5.6.3 Nigeria AI Voice Cloning Market by Deployment Mode
8.4.5.6.4 Nigeria AI Voice Cloning Market by Vertical
8.4.5.7 Rest of LAMEA AI Voice Cloning Market
8.4.5.7.1 Rest of LAMEA AI Voice Cloning Market by Component
8.4.5.7.2 Rest of LAMEA AI Voice Cloning Market by Application
8.4.5.7.3 Rest of LAMEA AI Voice Cloning Market by Deployment Mode
8.4.5.7.4 Rest of LAMEA 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
Chapter 10. Winning Imperatives of AI Voice Cloning Market

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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