Middle East & Africa Ai Voice Generators Market Size & Outlook
The ai voice generators market in Middle East & Africa is expected to reach a projected revenue of US$ 1,334.2 million by 2030. A compound annual growth rate of 23.7% is expected of Middle East & Africa ai voice generators market from 2024 to 2030.
Revenue, 2023 (US$M)
$301.0
Forecast, 2030 (US$M)
$1,334.2
CAGR, 2024 - 2030
23.7%
Report Coverage
Middle East & Africa
MEA ai voice generators market highlights
- The MEA ai voice generators market generated a revenue of USD 301.0 million in 2023.
- The market is expected to grow at a CAGR of 23.7% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating offering in 2023.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 301.0 million |
| Market revenue in 2030 | USD 1,334.2 million |
| Growth rate | 23.7% (CAGR from 2024 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software |
| Key market players worldwide | Amazon Web Services, Cisco Systems Inc, Alphabet Inc Class A, International Business Machines Corp, Microsoft Corp, OpenAI, Resemble AI, SoundHound AI Inc Ordinary Shares - Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.4% of the global ai voice generators market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,388.2 million by 2030.
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AI Voice Generators Market Scope
Ai voice generators market segmentation & scope
Application
Audio and Speech Generation
Voice Cloning and Conversion
Music Composition and Generationt
Audio Dubbing and Translation
Voice Restoration and Enhancement
Others(Voice-Activated Security Systems, VR and AR)
End Use
Media & Entertainment
Customer Service & Call Centers
Education & E-Learning
Healthcare
Advertising & Marketing
Others(Automotive, Retail, Transportation & Logistics )
AI Voice Generators Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Resemble AI | View profile | 11-50 | Toronto, Ontario, Canada, North America | https://www.resemble.ai |
| Amazon Web Services | View profile | 10001+ | Seattle, Washington, United States, North America | http://aws.amazon.com |
| SoundHound AI Inc Ordinary Shares - Class A | View profile | 260 | 5400 Betsy Ross Drive, Santa Clara, CA, United States, 95054 | https://www.soundhound.com |
| OpenAI | View profile | 501-1000 | San Francisco, California, United States, North America | https://www.openai.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
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