This Artificial Intelligence (AI) Voice Generator market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The artificial intelligence (AI) voice generator market size has grown exponentially in recent years. It will grow from $2.07 billion in 2024 to $2.49 billion in 2025 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to, increased demand for virtual assistants, rising need for customer service automation, growing adoption of gaming applications, enhanced accessibility tools for visually impaired individuals.
The artificial intelligence (AI) voice generator market size is expected to see rapid growth in the next few years. It will grow to $5.15 billion in 2029 at a compound annual growth rate (CAGR) of 19.9%. The growth in the forecast period can be attributed to the integration of AI voice generators into various devices, the expansion of virtual assistant functionalities, the demand for personalized customer experiences, the emergence of new gaming trends and applications, an increasing focus on inclusive design and accessibility standards, and the and the rising popularity of audiobooks and podcasts. Major trends in the forecast period include natural language processing advancements, multilingual support expansion, customizable voice styles, integration with IoT devices, enhanced emotional intelligence capabilities, and improved voice cloning technology.
The rising demand for AI in advertising and media is poised to drive the expansion of the artificial intelligence (AI) voice generator market in the foreseeable future. AI's integration into advertising and media has become prominent due to its capacity to refine target audience precision, tailor personalized content, and analyze extensive data sets to improve audience engagement and return on investment (ROI). AI voice generators play a transformative role in advertising and media by swiftly producing top-tier voiceovers and tailored content, enriching brand communication, and effectively captivating audiences. For instance, in November 2023, as reported by MediaRadar, a US-based adaptable advertising intelligence platform, there was a substantial increase in active AI advertisers between June 2023 and August 2023. The data showed a significant surge of 87% compared to the previous summer of 2022, with 120 AI brands participating in advertising activities, up from 70 observed AI advertisers. Hence, the escalating demand for AI in advertising and media is poised to propel the artificial intelligence (AI) voice generator market's growth.
Major companies in the artificial intelligence (AI) voice generator market are concentrating on the development of voice cloning tools to improve the authenticity and adaptability of generated voices, with the goal of offering more natural and customized experiences for users across various sectors and applications. Voice cloning tools are software solutions that mimic the distinct vocal characteristics of individuals for a range of uses such as virtual assistants and personalized audio content creation. For example, in March 2024, OpenAI, an artificial intelligence research organization based in the United States, introduced Voice Engine, a voice cloning tool engineered to replicate speech patterns with exceptional precision. OpenAI intends to utilize voice AI for purposes such as aiding in reading, assisting non-readers and children, and providing therapeutic and educational support for individuals who are non-verbal or have learning disabilities.
In April 2023, Voices, a company based in Canada specializing in voice-over marketplaces, completed the acquisition of Voices.ai for an undisclosed sum. This acquisition bolsters Voices' portfolio by integrating Voices.ai's advanced platform for voice app development. The platform equips developers with tools, APIs, and cloud services to simplify the process of creating, testing, and launching voice applications. Voices.ai, headquartered in the UK, offers an AI voice developer platform designed for running, replicating, and deploying AI voices on a large scale.
Major companies operating in the artificial intelligence (AI) voice generator market are Google LLC, Amazon Web Services Inc., Microsoft Azure, International Business Machines Corporation, Oracle Corporation, Baidu Inc., Iflytek Co. Ltd., Lingraphica Inc., Veritone Voice Inc., Descript Inc., Speechify Inc., Clipchamp Pty Ltd, ElevenLabs SAS, Murf Ai Inc., WellSaid Labs Inc., Resemble AI Pty Ltd, iSpeech Inc., CereProc Ltd, Speechelo Inc., VocaliD Inc., Voicery Inc., Replica Studios Inc., Voxygen Productions, Voicebooking.com BV, Lovo Inc., NaturalReader.
North America was the largest region in the artificial intelligence (AI) voice generator market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) voice generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the artificial intelligence (AI) voice generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An AI voice generator is a technological tool employing artificial intelligence algorithms to convert text inputs into human-like speech. Its applications span various sectors, including virtual assistants, automated customer service, gaming, accessibility aids, and entertainment, empowering computers to deliver speech that sounds natural and genuine.
The primary categories of artificial intelligence (AI) voice generators include text-to-speech systems and voice modulators. Text-to-speech technology transforms written text into audible speech through computer-generated voices. These systems can be deployed either on-premises or via cloud-based platforms, catering to end users across various sectors such as healthcare, banking, financial services, insurance (BFSI), manufacturing, advertising, media, retail, automotive, transportation, and more.
The artificial intelligence (AI) voice generator market research report is one of a series of new reports that provides artificial intelligence (AI) voice generator market statistics, including artificial intelligence (AI) voice generator industry global market size, regional shares, competitors with an artificial intelligence (AI) voice generator market share, detailed artificial intelligence (AI) voice generator market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) voice generator industry. This artificial intelligence (AI) voice generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The artificial intelligence (AI) voice generator market consists of revenues earned by entities by providing services such as voice-over and narration, speech-to-speech translation, interactive voice response (IVR) systems, and accessibility solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The artificial intelligence (AI) voice generator market also includes sales of speech synthesis software, custom voice solutions, and voice generation APIs. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The artificial intelligence (AI) voice generator market size has grown exponentially in recent years. It will grow from $2.07 billion in 2024 to $2.49 billion in 2025 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to, increased demand for virtual assistants, rising need for customer service automation, growing adoption of gaming applications, enhanced accessibility tools for visually impaired individuals.
The artificial intelligence (AI) voice generator market size is expected to see rapid growth in the next few years. It will grow to $5.15 billion in 2029 at a compound annual growth rate (CAGR) of 19.9%. The growth in the forecast period can be attributed to the integration of AI voice generators into various devices, the expansion of virtual assistant functionalities, the demand for personalized customer experiences, the emergence of new gaming trends and applications, an increasing focus on inclusive design and accessibility standards, and the and the rising popularity of audiobooks and podcasts. Major trends in the forecast period include natural language processing advancements, multilingual support expansion, customizable voice styles, integration with IoT devices, enhanced emotional intelligence capabilities, and improved voice cloning technology.
The rising demand for AI in advertising and media is poised to drive the expansion of the artificial intelligence (AI) voice generator market in the foreseeable future. AI's integration into advertising and media has become prominent due to its capacity to refine target audience precision, tailor personalized content, and analyze extensive data sets to improve audience engagement and return on investment (ROI). AI voice generators play a transformative role in advertising and media by swiftly producing top-tier voiceovers and tailored content, enriching brand communication, and effectively captivating audiences. For instance, in November 2023, as reported by MediaRadar, a US-based adaptable advertising intelligence platform, there was a substantial increase in active AI advertisers between June 2023 and August 2023. The data showed a significant surge of 87% compared to the previous summer of 2022, with 120 AI brands participating in advertising activities, up from 70 observed AI advertisers. Hence, the escalating demand for AI in advertising and media is poised to propel the artificial intelligence (AI) voice generator market's growth.
Major companies in the artificial intelligence (AI) voice generator market are concentrating on the development of voice cloning tools to improve the authenticity and adaptability of generated voices, with the goal of offering more natural and customized experiences for users across various sectors and applications. Voice cloning tools are software solutions that mimic the distinct vocal characteristics of individuals for a range of uses such as virtual assistants and personalized audio content creation. For example, in March 2024, OpenAI, an artificial intelligence research organization based in the United States, introduced Voice Engine, a voice cloning tool engineered to replicate speech patterns with exceptional precision. OpenAI intends to utilize voice AI for purposes such as aiding in reading, assisting non-readers and children, and providing therapeutic and educational support for individuals who are non-verbal or have learning disabilities.
In April 2023, Voices, a company based in Canada specializing in voice-over marketplaces, completed the acquisition of Voices.ai for an undisclosed sum. This acquisition bolsters Voices' portfolio by integrating Voices.ai's advanced platform for voice app development. The platform equips developers with tools, APIs, and cloud services to simplify the process of creating, testing, and launching voice applications. Voices.ai, headquartered in the UK, offers an AI voice developer platform designed for running, replicating, and deploying AI voices on a large scale.
Major companies operating in the artificial intelligence (AI) voice generator market are Google LLC, Amazon Web Services Inc., Microsoft Azure, International Business Machines Corporation, Oracle Corporation, Baidu Inc., Iflytek Co. Ltd., Lingraphica Inc., Veritone Voice Inc., Descript Inc., Speechify Inc., Clipchamp Pty Ltd, ElevenLabs SAS, Murf Ai Inc., WellSaid Labs Inc., Resemble AI Pty Ltd, iSpeech Inc., CereProc Ltd, Speechelo Inc., VocaliD Inc., Voicery Inc., Replica Studios Inc., Voxygen Productions, Voicebooking.com BV, Lovo Inc., NaturalReader.
North America was the largest region in the artificial intelligence (AI) voice generator market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) voice generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the artificial intelligence (AI) voice generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An AI voice generator is a technological tool employing artificial intelligence algorithms to convert text inputs into human-like speech. Its applications span various sectors, including virtual assistants, automated customer service, gaming, accessibility aids, and entertainment, empowering computers to deliver speech that sounds natural and genuine.
The primary categories of artificial intelligence (AI) voice generators include text-to-speech systems and voice modulators. Text-to-speech technology transforms written text into audible speech through computer-generated voices. These systems can be deployed either on-premises or via cloud-based platforms, catering to end users across various sectors such as healthcare, banking, financial services, insurance (BFSI), manufacturing, advertising, media, retail, automotive, transportation, and more.
The artificial intelligence (AI) voice generator market research report is one of a series of new reports that provides artificial intelligence (AI) voice generator market statistics, including artificial intelligence (AI) voice generator industry global market size, regional shares, competitors with an artificial intelligence (AI) voice generator market share, detailed artificial intelligence (AI) voice generator market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) voice generator industry. This artificial intelligence (AI) voice generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The artificial intelligence (AI) voice generator market consists of revenues earned by entities by providing services such as voice-over and narration, speech-to-speech translation, interactive voice response (IVR) systems, and accessibility solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The artificial intelligence (AI) voice generator market also includes sales of speech synthesis software, custom voice solutions, and voice generation APIs. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Artificial Intelligence (AI) Voice Generator Market Characteristics3. Artificial Intelligence (AI) Voice Generator Market Trends and Strategies4. Artificial Intelligence (AI) Voice Generator Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Artificial Intelligence (AI) Voice Generator Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Artificial Intelligence (AI) Voice Generator Market34. Recent Developments in the Artificial Intelligence (AI) Voice Generator Market
5. Global Artificial Intelligence (AI) Voice Generator Growth Analysis and Strategic Analysis Framework
6. Artificial Intelligence (AI) Voice Generator Market Segmentation
7. Artificial Intelligence (AI) Voice Generator Market Regional and Country Analysis
8. Asia-Pacific Artificial Intelligence (AI) Voice Generator Market
9. China Artificial Intelligence (AI) Voice Generator Market
10. India Artificial Intelligence (AI) Voice Generator Market
11. Japan Artificial Intelligence (AI) Voice Generator Market
12. Australia Artificial Intelligence (AI) Voice Generator Market
13. Indonesia Artificial Intelligence (AI) Voice Generator Market
14. South Korea Artificial Intelligence (AI) Voice Generator Market
15. Western Europe Artificial Intelligence (AI) Voice Generator Market
16. UK Artificial Intelligence (AI) Voice Generator Market
17. Germany Artificial Intelligence (AI) Voice Generator Market
18. France Artificial Intelligence (AI) Voice Generator Market
19. Italy Artificial Intelligence (AI) Voice Generator Market
20. Spain Artificial Intelligence (AI) Voice Generator Market
21. Eastern Europe Artificial Intelligence (AI) Voice Generator Market
22. Russia Artificial Intelligence (AI) Voice Generator Market
23. North America Artificial Intelligence (AI) Voice Generator Market
24. USA Artificial Intelligence (AI) Voice Generator Market
25. Canada Artificial Intelligence (AI) Voice Generator Market
26. South America Artificial Intelligence (AI) Voice Generator Market
27. Brazil Artificial Intelligence (AI) Voice Generator Market
28. Middle East Artificial Intelligence (AI) Voice Generator Market
29. Africa Artificial Intelligence (AI) Voice Generator Market
30. Artificial Intelligence (AI) Voice Generator Market Competitive Landscape and Company Profiles
31. Artificial Intelligence (AI) Voice Generator Market Other Major and Innovative Companies
35. Artificial Intelligence (AI) Voice Generator Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Artificial Intelligence (AI) Voice Generator Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on artificial intelligence (ai) voice generator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for artificial intelligence (ai) voice generator ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The artificial intelligence (ai) voice generator market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Text To Speech; Voice Changer2) By Deployment: on-premise ; Cloud Based
3) By End-User: Healthcare; Banking, Financial Services and Insurance (BFSI); Manufacturing; Advertising and Media; Retail; Automotive; Transportation; Other End-Use Industries
Subsegments:
1) By Text To Speech: Neural Tts (Text-To-Speech); Standard Tts; Speech Synthesis Markup Language (Ssml) Tts2) By Voice Changer: Real-Time Voice Changer; Post-Processing Voice Changer; Customizable Voice Changer
Key Companies Mentioned: Google LLC; Amazon Web Services Inc.; Microsoft Azure; International Business Machines Corporation; Oracle Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Artificial Intelligence (AI) Voice Generator market report include:- Google LLC
- Amazon Web Services Inc.
- Microsoft Azure
- International Business Machines Corporation
- Oracle Corporation
- Baidu Inc.
- Iflytek Co. Ltd.
- Lingraphica Inc.
- Veritone Voice Inc.
- Descript Inc.
- Speechify Inc.
- Clipchamp Pty Ltd
- ElevenLabs SAS
- Murf Ai Inc.
- WellSaid Labs Inc.
- Resemble AI Pty Ltd
- iSpeech Inc.
- CereProc Ltd
- Speechelo Inc.
- VocaliD Inc.
- Voicery Inc.
- Replica Studios Inc.
- Voxygen Productions
- Voicebooking.com BV
- Lovo Inc.
- NaturalReader
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 2.49 Billion |
Forecasted Market Value ( USD | $ 5.15 Billion |
Compound Annual Growth Rate | 19.9% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |