The Latin America, Middle East and Africa AI Voice Generators Market is expected to witness market growth of 32.1% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $501 million by 2031. The Argentina market is showcasing a CAGR of 33.8% during 2024-2031. Additionally, the UAE market would register a CAGR of 30.9% during 2024-2031.
AI voice generators have numerous applications across industries, enabling organizations to automate tasks, improve efficiency, and enhance user experiences. AI-powered virtual assistants like Amazon Alexa, Google Assistant, and Apple’s Siri rely on advanced voice generation technology to interact with users naturally and intuitively. AI voice generators enable these assistants to deliver real-time responses, answer queries, and perform tasks such as scheduling appointments, setting reminders, and controlling smart home devices.
Moreover, the demand for audiobooks and podcasts has surged, leading to the widespread use of AI-generated voices for narration. AI voice generators offer cost-effective solutions for content creators and publishers by converting text into high-quality, expressive speech without needing professional voice actors. AI voice generators play a crucial role in e-learning by providing interactive and engaging educational content.
AI-powered voice generators are also crucial in the UAE’s expanding media and entertainment industry. With the increasing adoption of AI-driven content creation, voice synthesis technology is used for automated narration, dubbing, and personalized digital experiences. AI-generated voices enhance e-learning platforms in education, making educational content more accessible to diverse linguistic groups.
The Brazil market dominated the LAMEA 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 $501 million by 2031. The Argentina market is showcasing a CAGR of 33.8% during 2024-2031. Additionally, the UAE market would register a CAGR of 30.9% during 2024-2031.
AI voice generators have numerous applications across industries, enabling organizations to automate tasks, improve efficiency, and enhance user experiences. AI-powered virtual assistants like Amazon Alexa, Google Assistant, and Apple’s Siri rely on advanced voice generation technology to interact with users naturally and intuitively. AI voice generators enable these assistants to deliver real-time responses, answer queries, and perform tasks such as scheduling appointments, setting reminders, and controlling smart home devices.
Moreover, the demand for audiobooks and podcasts has surged, leading to the widespread use of AI-generated voices for narration. AI voice generators offer cost-effective solutions for content creators and publishers by converting text into high-quality, expressive speech without needing professional voice actors. AI voice generators play a crucial role in e-learning by providing interactive and engaging educational content.
AI-powered voice generators are also crucial in the UAE’s expanding media and entertainment industry. With the increasing adoption of AI-driven content creation, voice synthesis technology is used for automated narration, dubbing, and personalized digital experiences. AI-generated voices enhance e-learning platforms in education, making educational content more accessible to diverse linguistic groups.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA AI Voice Generators Market by End Use
Chapter 6. LAMEA AI Voice Generators Market by Application
Chapter 7. LAMEA AI Voice Generators Market by Offering
Chapter 8. LAMEA AI Voice Generators Market by Country
Chapter 9. Company Profiles
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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