AI Voice Changer Market Trends and Forecast
The future of the global AI voice changer market looks promising with opportunities in the video production and podcasting markets. The global AI voice changer market is expected to grow with a CAGR of 14.8% from 2024 to 2030. The major drivers for this market are growing demand for this technology in entertainment and gaming and rising demand for voice-based customer service.
• Lucintel forecasts that text-to-speech synthesis is expected to witness higher growth over the forecast period.
• Within this market, video production is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Voice Changer Market
• United States: In the U.S., companies like Adobe and Voicemod are pioneering AI voice changer technologies. Adobe recently integrated AI voice manipulation tools into its Creative Cloud suite, allowing users to alter speech in audio recordings. Voicemod, known for its real-time voice modulation software, continues to innovate with AI-driven enhancements for gaming and content creation. Companies aim to expand their market presence and enhance user engagement through advanced AI voice manipulation technologies.
• India: In India, startups like Resemble AI are gaining traction in the AI voice changer market. Resemble AI provides AI-driven tools for creating custom voices and altering speech characteristics. These developments cater to diverse applications such as personalized customer service and media production. The Indian governmentÄX%$%Xs Digital India initiative supports technological innovation, including AI development, to drive economic growth and digital transformation.
• China: Chinese companies like iFlytek and Baidu are leading AI voice changer advancements. iFlytek specializes in AI-driven voice recognition and modification technologies, enhancing applications in smart devices and customer service. Baidu integrates AI voice modulation into its platform for entertainment and educational purposes. ChinaÄX%$%Xs government supports AI innovation through initiatives like the New Generation Artificial Intelligence Development Plan, aiming to strengthen national AI capabilities and global competitiveness
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Voice Changer Market by Segment
The study includes a forecast for the global AI voice changer market by type, application, and region.
AI Voice Changer Market by Type [Value from 2018 to 2030]:
• Text-To-Speech Synthesis
• Real-Time Voice Conversion
• Others
AI Voice Changer Market by Application [Value from 2018 to 2030]:
• Video Production
• Podcasting
• Others
AI Voice Changer Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Voice Changer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI voice changer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI voice changer companies profiled in this report include-
• Clipchamp
• Lovo.Ai
• Speechify
• Playht
• Murf
• Synthesys
• Vocalid
Recent Development in the AI Voice Changer Market
• Adobe : Adobe introduced Voco, an AI-powered voice manipulation tool integrated into its Creative Cloud suite. Voco allows users to alter speech in audio recordings easily, offering features like pitch adjustment and speech synthesis, aimed at enhancing creative content creation.
• Voicemod : Voicemod specializes in real-time voice modulation software tailored for gaming and content creation. Their AI-driven technology enables users to transform their voices in real-time during live sessions, enhancing user engagement and entertainment value.
• Resemble AI : Resemble AI focuses on AI-powered tools for custom voice generation and voice modification. Their platform allows users to create unique, synthetic voices that can be used for various applications, including customer service automation and media production.
• iFlytek : iFlytek is a leading Chinese company specializing in AI-driven voice recognition and modification technologies. Their advancements in AI voice modulation cater to applications across smart devices, educational tools, and customer service platforms, emphasizing accuracy and naturalness
Features of the Global AI Voice Changer Market
Market Size Estimates: AI voice changer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI voice changer market size by type, application, and region in terms of value ($B).
Regional Analysis: AI voice changer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI voice changer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI voice changer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI voice changer market?
Answer: The global AI voice changer market is expected to grow with a CAGR of 14.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI voice changer market?
Answer: The major drivers for this market are growing demand for this technology in entertainment and gaming and rising demand for voice-based customer service.
Q3. What are the major segments for AI voice changer market?
Answer: The future of the AI voice changer market looks promising with opportunities in the video production and podcasting markets.
Q4. Who are the key AI voice changer market companies?
Answer: Some of the key AI voice changer companies are as follows:
• Clipchamp
• Lovo.Ai
• Speechify
• Playht
• Murf
• Synthesys
• Vocalid
Q5. Which AI voice changer market segment will be the largest in future?
Answer: Lucintel forecasts that text-to-speech synthesis is expected to witness higher growth over the forecast period.
Q6. In AI voice changer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI voice changer market by type (text-to-speech synthesis, real-time voice conversion, and others), application (video production, podcasting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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