About Voice Cloning Solutions
Voice cloning technology has been used in a number of fields, including personalised voice interfaces, advertising, robotics, and more. Existing voice cloning systems can learn speaker characteristics and synthesis a person's speech from a few audio samples using trained models. Advances in cloned speech creation technology can now generate speech that is perceptually indistinguishable from real speech. Companies are concentrating on improving consumer connections by including a pleasant or familiar voice into their apps, goods, and services. Companies can build long-term connections with customers by using these solutions and offering a better customer experience, being one of the key factors driving the global voice cloning solutions market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Voice Cloning Solutions market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Google LLC (United States), Microsoft Corporation (United States), IBM Corporation (United States), AWS (United States), AT&T Corporation (United States), Baidu (China), Nuance Communications (United States), iSpeech (United States), NeoSpeech (United States) and CereProc (Scotland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cepstral (United States), Lyrebird (Canada), Kata.ai (Indonesia), Aristech GmbH (Germany), Acapela Group (Belgium), Voctro Labs (Spain) and Smartbox Assistive Technology (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Voice Cloning Solutions market by , Application (Chatbots and assistants, Accessibility, Digital games, Interactive games and Others) and Region.
On the basis of geography, the market of Voice Cloning Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Healthcare and life sciences will boost the Voice Cloning Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-Premise will boost the Voice Cloning Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Voice Cloning Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration With Advance Technologies Including Artificial Intelligence (AI)
Market Growth Drivers:
Surge in Demand for IoT and Connected Devices and Rising Implementation Across Business Institutions
Challenges:
Lack of Trained Professionals
Restraints:
High Initial Investment and Technological Limitations
Opportunities:
High Degree of Personalization in Human–Device Interface
Market Leaders and their expansionary development strategies
In March 2021, Veritone Launched Marvel.Ai, A New Voice as A Service (VaaS) Solution. The New AI-Enabled Synthetic Voice Will Assist Media Companies, Brands, And Influencers in Speeding Up and Amplifying Content Creation While Improving Personalization and Cost Effectiveness.
Key Target Audience
Voice Cloning Solutions Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.