The US market dominated the North America AI Voice Generators Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.85 billion by 2031. The Canada market is experiencing a CAGR of 31.6% during 2024-2031. Additionally, the Mexico market is expected to 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.
List of Key Companies Profiled
- IBM Corporation
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- Amazon.com, Inc..
- OpenAI, LLC
- Baidu, Inc.
- Descript, Inc.
- iSpeech, Inc.
- ElevenLabs
- SoundHound AI, Inc.
Market Report Segmentation
By End Use
- Media & Entertainment
- Customer Service & Call Centers
- Education & E-Learning
- Advertising & Marketing
- Healthcare
- Other End Use
By Application
- Audio and Speech Generation
- Voice Cloning & Conversion
- Music Composition & Generation
- Audio Dubbing & Translation
- Voice Restoration & Enhancement
- Other Application
By Offering
- Software
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- IBM Corporation
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- Amazon.com, Inc.
- OpenAI, LLC
- Baidu, Inc.
- Descript, Inc.
- iSpeech, Inc.
- ElevenLabs
- SoundHound AI, Inc.
Methodology
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