| AI Voice Cloning Market Explodes: Global Value Worth Over $11 Billion by 2032 The global artificial intelligence voice cloning market is experiencing huge growth and is expected to be worth over USD 11.39 billion by 2032, according to a new report. The market for AI-based voice cloning is estimated to expand at a CAGR of 19.3% over the forecast period, from 2021 to 2032. This accelerated growth is driven by an increasing number of AI-based applications being developed for various industries. AI-based applications are helping companies automate various business processes, making them more efficient and cost-effective. This has led to an increased demand for AI-based voice cloning technology, which can be used in applications such as speech recognition, interactive voice response systems, and virtual assistants. Voice cloning technology is becoming increasingly popular among businesses and developers for its ability to replicate a person's speech and intonation. This technology makes it easy to create lifelike digital replicas of famous personalities or create unique voices for AI-based applications. Companies are leveraging this technology for marketing purposes, as well as to create automated customer service agents. One of the major trends that is gaining traction in the AI-based voice cloning market is the emergence of voice clone as-a-service (VCaaS). This technology allows companies to obtain AI-based voice cloning from third-party vendors, rather than having to develop the technology in-house. VCaaS is becoming increasingly popular as it allows companies to quickly and cost-effectively obtain the desired voice for their applications. With the increasing demand for AI-based applications and the emergence of voice clone as-a-service, it is expected that the global market for AI-based voice cloning will continue to experience strong growth in the coming years. The growing demand for AI-based applications, coupled with the ability of voice cloning technology to replicate a person's speech and intonation, is expected to drive the global market for AI-based voice cloning in the future. |