
Europe AI Voice Generators Market Size, Share & Trends Analysis Report By End Use, By Application, By Offering (Software and Services), By Country and Growth Forecast, 2024 - 2031
Description
The Europe AI Voice Generators Market would witness market growth of 29.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe AI Voice Generators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,556.6 million by 2031. The UK market is experiencing a CAGR of 28.4% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 30.5% during (2024 - 2031).
The adoption of AI voice generators is growing rapidly across industries due to the following factors. Developing deep learning models, such as Generative Adversarial Networks (GANs) and Transformer-based architectures, has significantly improved the quality and naturalness of AI-generated speech. These models enable AI voices to mimic human intonation, emotion, and speaking styles. The increasing use of conversational AI in customer service, virtual assistants, and chatbots has driven the need for high-quality AI-generated voices.
Moreover, businesses integrate AI voice technology into their communication channels to provide seamless customer experiences. AI-generated voices reduce the costs of hiring professional voice actors for voiceovers and narration. Businesses benefit from the ability to scale voice-based applications while maintaining consistent quality. Consumers expect personalized interactions across digital platforms. AI voice generators allow businesses to create customized voice experiences, tailoring interactions to user preferences and demographics.
The market in Europe is witnessing substantial growth, driven by the increasing adoption of AI technologies among businesses and significant investments in AI-driven innovation. As companies across the continent integrate AI into their operations, the demand for AI voice-generation tools is expanding, particularly in the media, customer service, and healthcare sectors.
Based on End Use, the market is segmented into Media & Entertainment, Customer Service & Call Centers, Education & E-Learning, Advertising & Marketing, Healthcare, and Other End Use. Based on Application, the market is segmented into Audio and Speech Generation, Voice Cloning & Conversion, Music Composition & Generation, Audio Dubbing & Translation, Voice Restoration & Enhancement, and Other Application. Based on Offering, the market is segmented into Software and Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
By End Use
The Germany market dominated the Europe AI Voice Generators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,556.6 million by 2031. The UK market is experiencing a CAGR of 28.4% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 30.5% during (2024 - 2031).
The adoption of AI voice generators is growing rapidly across industries due to the following factors. Developing deep learning models, such as Generative Adversarial Networks (GANs) and Transformer-based architectures, has significantly improved the quality and naturalness of AI-generated speech. These models enable AI voices to mimic human intonation, emotion, and speaking styles. The increasing use of conversational AI in customer service, virtual assistants, and chatbots has driven the need for high-quality AI-generated voices.
Moreover, businesses integrate AI voice technology into their communication channels to provide seamless customer experiences. AI-generated voices reduce the costs of hiring professional voice actors for voiceovers and narration. Businesses benefit from the ability to scale voice-based applications while maintaining consistent quality. Consumers expect personalized interactions across digital platforms. AI voice generators allow businesses to create customized voice experiences, tailoring interactions to user preferences and demographics.
The market in Europe is witnessing substantial growth, driven by the increasing adoption of AI technologies among businesses and significant investments in AI-driven innovation. As companies across the continent integrate AI into their operations, the demand for AI voice-generation tools is expanding, particularly in the media, customer service, and healthcare sectors.
Based on End Use, the market is segmented into Media & Entertainment, Customer Service & Call Centers, Education & E-Learning, Advertising & Marketing, Healthcare, and Other End Use. Based on Application, the market is segmented into Audio and Speech Generation, Voice Cloning & Conversion, Music Composition & Generation, Audio Dubbing & Translation, Voice Restoration & Enhancement, and Other Application. Based on Offering, the market is segmented into Software and Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
By End Use
- Media & Entertainment
- Customer Service & Call Centers
- Education & E-Learning
- Advertising & Marketing
- Healthcare
- Other End Use
- Audio and Speech Generation
- Voice Cloning & Conversion
- Music Composition & Generation
- Audio Dubbing & Translation
- Voice Restoration & Enhancement
- Other Application
- Software
- Services
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
116 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe AI Voice Generators Market, by End Use
- 1.4.2 Europe AI Voice Generators Market, by Application
- 1.4.3 Europe AI Voice Generators Market, by Offering
- 1.4.4 Europe AI Voice Generators Market, by Country
- 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
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. Europe AI Voice Generators Market by End Use
- 5.1 Europe Media & Entertainment Market by Country
- 5.2 Europe Customer Service & Call Centers Market by Country
- 5.3 Europe Education & E-Learning Market by Country
- 5.4 Europe Advertising & Marketing Market by Country
- 5.5 Europe Healthcare Market by Country
- 5.6 Europe Other End Use Market by Country
- Chapter 6. Europe AI Voice Generators Market by Application
- 6.1 Europe Audio and Speech Generation Market by Country
- 6.2 Europe Voice Cloning & Conversion Market by Country
- 6.3 Europe Music Composition & Generation Market by Country
- 6.4 Europe Audio Dubbing & Translation Market by Country
- 6.5 Europe Voice Restoration & Enhancement Market by Country
- 6.6 Europe Other Application Market by Country
- Chapter 7. Europe AI Voice Generators Market by Offering
- 7.1 Europe Software Market by Country
- 7.2 Europe Services Market by Country
- Chapter 8. Europe AI Voice Generators Market by Country
- 8.1 Germany AI Voice Generators Market
- 8.1.1 Germany AI Voice Generators Market by End Use
- 8.1.2 Germany AI Voice Generators Market by Application
- 8.1.3 Germany AI Voice Generators Market by Offering
- 8.2 UK AI Voice Generators Market
- 8.2.1 UK AI Voice Generators Market by End Use
- 8.2.2 UK AI Voice Generators Market by Application
- 8.2.3 UK AI Voice Generators Market by Offering
- 8.3 France AI Voice Generators Market
- 8.3.1 France AI Voice Generators Market by End Use
- 8.3.2 France AI Voice Generators Market by Application
- 8.3.3 France AI Voice Generators Market by Offering
- 8.4 Russia AI Voice Generators Market
- 8.4.1 Russia AI Voice Generators Market by End Use
- 8.4.2 Russia AI Voice Generators Market by Application
- 8.4.3 Russia AI Voice Generators Market by Offering
- 8.5 Spain AI Voice Generators Market
- 8.5.1 Spain AI Voice Generators Market by End Use
- 8.5.2 Spain AI Voice Generators Market by Application
- 8.5.3 Spain AI Voice Generators Market by Offering
- 8.6 Italy AI Voice Generators Market
- 8.6.1 Italy AI Voice Generators Market by End Use
- 8.6.2 Italy AI Voice Generators Market by Application
- 8.6.3 Italy AI Voice Generators Market by Offering
- 8.7 Rest of Europe AI Voice Generators Market
- 8.7.1 Rest of Europe AI Voice Generators Market by End Use
- 8.7.2 Rest of Europe AI Voice Generators Market by Application
- 8.7.3 Rest of Europe AI Voice Generators Market by Offering
- 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 SWOT Analysis
- 9.3 Amazon.com, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 SWOT Analysis
- 9.4 Microsoft Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 OpenAI, L.L.C.
- 9.5.1 Company Overview
- 9.5.1 SWOT Analysis
- 9.6 Baidu, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 SWOT Analysis
- 9.7 Descript, Inc.
- 9.7.1 Company Overview
- 9.8 iSpeech, Inc.
- 9.8.1 Company Overview
- 9.9 ElevenLabs Ltd.
- 9.9.1 Company Overview
- 9.10. SoundHound AI, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 Research & Development Expenses
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.