The Latin America, Middle East and Africa AI Voice Cloning Market would witness market growth of 29.2% CAGR during the forecast period (2023-2030).
Interactive virtual assistants are being used by businesses all around the region to boost productivity. Numerous industries employ virtual voice assistants, including e-commerce, healthcare, travel, banking, telecom, entertainment, finance, defense, and government. Voice assistants can improve consumer engagement by speaking product descriptions aloud and can improve customer experience through tailored interactions. Additionally, companies are implementing speech synthesis to support digital avatars during virtual meetings so that attendees have no obligation to physically attend such meetings.
There is an increasing need for individualized voice interactions as tailored experiences become more popular across a range of businesses. AI voice cloning enables companies to offer individualized experiences by developing virtual assistants, chatbots, and speech interfaces that copy a particular brand’s voice or imitate the voice of a celebrity. User engagement, customer satisfaction, and brand loyalty are all improved by this level of personalization.
Brazil's media and entertainment industry grew more than any other major economy in the globe. The most common business sectors in Brazil, according to businesses, were Internet access and pay TV services. Growth has a direct relationship with the state of the economy. Last year, there was already a significant impact from more Brazilians entering the middle class. The region with the largest increase in earnings was Latin America, led by Brazil. The growth of tablets and smartphones has helped in accelerating the demand for Internet games, social networks, and mobile phone applications, propelling the growth of the gaming sector. Additionally, as more renowned production studios establish themselves in this region, AI voice cloning will become more widely used.
Additionally, according to the Saudi Esports Federation, the Kingdom of Saudi Arabia (KSA) will host Gamer’s season (Gamers8) in Riyadh in 2022, the world's biggest event for video games and electronic sports. Through a number of competitive events, the gamers season, with the theme "Your Portal to the Next World," offered esports and video game aficionados a distinctive experience. The top worldwide teams and players competed in this "elite competition," which had a total prize fund of USD 15 million and included a variety of open-to-the-public educational and entertaining activities and events. Video games are being played by approximately 23.5 million individuals in the KSA, with almost every family having at least one member who enjoys them greatly. Thus, in the upcoming years, these factors will help the market in this region to grow.
The Brazil market dominated the LAMEA AI Voice Cloning Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $126.9 million by 2030. The Argentina market is poised to grow at a CAGR of 29.9% during (2023 - 2030). Additionally, The UAE market would display a CAGR of 28.8% during (2023 - 2030).
Free Valuable Insights: The Worldwide AI Voice Cloning Market is Projected to reach USD 7.9 Billion by 2030, at a CAGR of 25.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Google LLC (Alphabet Inc.), Microsoft Corporation, Descript, Inc., LumenVox LLC, Amazon.com, Inc., Baidu, Inc., CandyVoice SAS, iSpeech, Inc., and CereProc Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Podcasting & Audiobooks
- Advertising
- Gaming
- Chatbots & Virtual Assistants
- Assistive Technologies
- Others
By Deployment Mode
By Vertical
- Media & Entertainment
- Healthcare & Life Sciences
- Education & E-Learning
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- Descript, Inc.
- LumenVox LLC
- Amazon.com, Inc.
- Baidu, Inc.
- CandyVoice SAS
- iSpeech, Inc.
- CereProc Ltd.
TABLE 1 LAMEA AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 2 LAMEA AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 3 LAMEA AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 4 LAMEA AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 5 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 10 LAMEA AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 11 LAMEA Podcasting & Audiobooks Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Podcasting & Audiobooks Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Advertising Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Advertising Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Gaming Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Gaming Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Chatbots & Virtual Assistants Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Chatbots & Virtual Assistants Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Assistive Technologies Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Assistive Technologies Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 24 LAMEA AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 25 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA On-premise Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Cloud Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 30 LAMEA AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 31 LAMEA Media & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Media & Entertainment Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Healthcare & Life Sciences Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Education & E-Learning Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Education & E-Learning Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA AI Voice Cloning Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA AI Voice Cloning Market by Country, 2023 - 2030, USD Million
TABLE 41 Brazil AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 42 Brazil AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 43 Brazil AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 44 Brazil AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 45 Brazil AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 46 Brazil AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 47 Brazil AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 48 Brazil AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 49 Brazil AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 50 Brazil AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 51 Argentina AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 52 Argentina AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 53 Argentina AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 54 Argentina AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 55 Argentina AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 56 Argentina AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 57 Argentina AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 58 Argentina AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 59 Argentina AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 60 Argentina AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 61 UAE AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 62 UAE AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 63 UAE AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 64 UAE AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 65 UAE AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 66 UAE AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 67 UAE AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 68 UAE AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 69 UAE AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 70 UAE AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 71 Saudi Arabia AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 73 Saudi Arabia AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 77 Saudi Arabia AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 81 South Africa AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 82 South Africa AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 83 South Africa AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 84 South Africa AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 85 South Africa AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 86 South Africa AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 87 South Africa AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 88 South Africa AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 89 South Africa AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 90 South Africa AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 91 Nigeria AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 92 Nigeria AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 93 Nigeria AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 94 Nigeria AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 95 Nigeria AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 96 Nigeria AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 97 Nigeria AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 98 Nigeria AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 99 Nigeria AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 100 Nigeria AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 101 Rest of LAMEA AI Voice Cloning Market, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA AI Voice Cloning Market, 2023 - 2030, USD Million
TABLE 103 Rest of LAMEA AI Voice Cloning Market by Component, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA AI Voice Cloning Market by Component, 2023 - 2030, USD Million
TABLE 105 Rest of LAMEA AI Voice Cloning Market by Application, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA AI Voice Cloning Market by Application, 2023 - 2030, USD Million
TABLE 107 Rest of LAMEA AI Voice Cloning Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA AI Voice Cloning Market by Deployment Mode, 2023 - 2030, USD Million
TABLE 109 Rest of LAMEA AI Voice Cloning Market by Vertical, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA AI Voice Cloning Market by Vertical, 2023 - 2030, USD Million
TABLE 111 Key Information – IBM Corporation
TABLE 112 Key Information – Google LLC
TABLE 113 Key Information – Microsoft Corporation
TABLE 114 Key Information – Descript, Inc.
TABLE 115 Key Information – LumenVox LLC
TABLE 116 Key Information – Amazon.com, Inc.
TABLE 117 Key Information – Baidu, Inc.
TABLE 118 Key Information – CandyVoice SAS
TABLE 119 Key Information – iSpeech, Inc.
TABLE 120 Key Information – CereProc Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA AI Voice Cloning Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Market
FIG 4 Porter’s Five Forces Analysis – AI Voice Cloning Market
FIG 5 LAMEA AI Voice Cloning Market share by Component, 2022
FIG 6 LAMEA AI Voice Cloning Market share by Component, 2030
FIG 7 LAMEA AI Voice Cloning Market by Component, 2019 - 2030, USD Million
FIG 8 LAMEA AI Voice Cloning Market share by Application, 2022
FIG 9 LAMEA AI Voice Cloning Market share by Application, 2030
FIG 10 LAMEA AI Voice Cloning Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA AI Voice Cloning Market share by Deployment Mode, 2022
FIG 12 LAMEA AI Voice Cloning Market share by Deployment Mode, 2030
FIG 13 LAMEA AI Voice Cloning Market by Deployment Mode, 2019 - 2030, USD Million
FIG 14 LAMEA AI Voice Cloning Market share by Vertical, 2022
FIG 15 LAMEA AI Voice Cloning Market share by Vertical, 2030
FIG 16 LAMEA AI Voice Cloning Market by Vertical, 2019 - 2030, USD Million
FIG 17 LAMEA AI Voice Cloning Market share by Country, 2022
FIG 18 LAMEA AI Voice Cloning Market share by Country, 2030
FIG 19 LAMEA AI Voice Cloning Market by Country, 2019 - 2030, USD Million
FIG 20 Swot Analysis: IBM Corporation
FIG 21 SWOT Analysis: Google LLC. (Alphabet Inc)
FIG 22 SWOT Analysis: Microsoft Corporation
FIG 23 SWOT Analysis: Descript, Inc.
FIG 24 SWOT Analysis: LumenVox LLC
FIG 25 SWOT analysis: Amazon.com, Inc.
FIG 26 Swot analysis: Baidu, inc.
FIG 27 Swot analysis: iSpeech, Inc.
FIG 28 Swot analysis: CereProc Ltd.