
North America 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 North America AI Voice Generators Market would witness market growth of 28.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI Voice Generators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,855.7 million by 2031. The Canada market is experiencing a CAGR of 31.6% during (2024 - 2031). Additionally, The Mexico market would 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.
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 U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
By End Use
The US market dominated the North America AI Voice Generators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,855.7 million by 2031. The Canada market is experiencing a CAGR of 31.6% during (2024 - 2031). Additionally, The Mexico market would 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.
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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
106 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America AI Voice Generators Market, by End Use
- 1.4.2 North America AI Voice Generators Market, by Application
- 1.4.3 North America AI Voice Generators Market, by Offering
- 1.4.4 North America 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. North America AI Voice Generators Market by End Use
- 5.1 North America Media & Entertainment Market by Country
- 5.2 North America Customer Service & Call Centers Market by Country
- 5.3 North America Education & E-Learning Market by Country
- 5.4 North America Advertising & Marketing Market by Country
- 5.5 North America Healthcare Market by Country
- 5.6 North America Other End Use Market by Country
- Chapter 6. North America AI Voice Generators Market by Application
- 6.1 North America Audio and Speech Generation Market by Country
- 6.2 North America Voice Cloning & Conversion Market by Country
- 6.3 North America Music Composition & Generation Market by Country
- 6.4 North America Audio Dubbing & Translation Market by Country
- 6.5 North America Voice Restoration & Enhancement Market by Country
- 6.6 North America Other Application Market by Country
- Chapter 7. North America AI Voice Generators Market by Offering
- 7.1 North America Software Market by Country
- 7.2 North America Services Market by Country
- Chapter 8. North America AI Voice Generators Market by Country
- 8.1 US AI Voice Generators Market
- 8.1.1 US AI Voice Generators Market by End Use
- 8.1.2 US AI Voice Generators Market by Application
- 8.1.3 US AI Voice Generators Market by Offering
- 8.2 Canada AI Voice Generators Market
- 8.2.1 Canada AI Voice Generators Market by End Use
- 8.2.2 Canada AI Voice Generators Market by Application
- 8.2.3 Canada AI Voice Generators Market by Offering
- 8.3 Mexico AI Voice Generators Market
- 8.3.1 Mexico AI Voice Generators Market by End Use
- 8.3.2 Mexico AI Voice Generators Market by Application
- 8.3.3 Mexico AI Voice Generators Market by Offering
- 8.4 Rest of North America AI Voice Generators Market
- 8.4.1 Rest of North America AI Voice Generators Market by End Use
- 8.4.2 Rest of North America AI Voice Generators Market by Application
- 8.4.3 Rest of North America 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
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