According to a new report, published by KBV research, The Global AI Voice Generators Market size is expected to reach $25.75 billion by 2031, rising at a market growth of 29.8% CAGR during the forecast period.
The Customer Service & Call Centers segment is anticipating a CAGR of 29.4% during (2024 - 2031). AI-driven voice solutions transformed IVR systems, virtual assistants, and automated customer support. Businesses leveraged AI voice generators to provide personalized, human-like interactions, improving customer engagement and response efficiency. AI-powered speech synthesis enhanced the scalability of customer service operations, reducing costs while ensuring 24/7 availability and driving strong adoption in this segment.
The Software segment is leading the Global AI Voice Generators Market by Offering in 2023; thereby, achieving a market value of $15.8 billion by 2031. This is driven by the rising adoption of AI-powered text-to-speech (TTS) solutions, voice cloning, and speech synthesis technologies. Businesses across media, entertainment, gaming, customer service, and accessibility solutions increasingly leveraged AI-driven software to create natural-sounding, customizable voices. The growing demand for realistic and context-aware voice generation further propelled advancements in AI models, enhancing speech quality, multilingual support, and real-time synthesis capabilities.
The Voice Cloning & Conversion segment would register a CAGR of 29.3% during (2024 - 2031). This reflects the increasing use of AI for personalized and synthetic voice replication. This technology gained traction in entertainment, gaming, advertising, and accessibility solutions, enabling the recreation of voices for voiceovers, chatbots, and digital avatars. Additionally, voice cloning found security and fraud detection applications, driving further market growth.
Full Report: https://www.kbvresearch.com/ai-voice-generators-market/
The North America region dominated the Global AI Voice Generators Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9.5 billion by 2031. The Europe region is showcasing a CAGR of 29.5% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 30.7% during (2024 - 2031).
By End Use
By Application
By Offering