BANGALORE, India, Nov. 14, 2023 /PRNewswire/ — Voice Cloning Market is Segmented by Type (On-premises, Cloud), by Application (Healthcare and life sciences, Education, Media and entertainment, Telecom, Travel and hospitality, Banking, Financial Services and Insurance (BFSI)): Global Opportunity Analysis and Industry Forecast, 2023-2029.
The Global Voice Cloning Market is projected to grow from USD 461.6 Million in 2023 to USD 1723.9 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 24.6% during the forecast period.
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Major Factors Driving the Growth of the Voice Cloning Market:
Positive trends in digital technology adoption, a rise in the need for intelligent virtual assistants, and a rise in the use of cutting-edge technology are all contributing to the Voice Cloning Market expansion. Additionally, the market is anticipated to develop as a result of the rapid uptake of smart devices, improvements in inventive applications, and rising demand for virtual chatbots.
The Voice Cloning Market is also anticipated to benefit from the expanding conversational AI technology and the rise of smart applications across several sectors. Additionally, developing a distinctive and recognizable voice for a brand aids in brand identity development, brand recognition enhancement, and the creation of a seamless user experience across many touchpoints.
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TRENDS INFLUENCING THE GROWTH OF THE VOICE CLONING MARKET:
One of the main factors propelling the market expansion for voice cloning is the swift progress being made in speech synthesis technologies. Advances in natural language processing, deep learning, and neural networks have greatly raised the caliber and realism of synthesized voices. This has increased the use of voice cloning in a variety of businesses by producing more lifelike and natural-sounding voice clones. Voice cloning is becoming more and more popular due to the growing need for personalized user experiences across a variety of applications, such as chatbots, virtual assistants, and customer support interactions. Voice cloning is being used by companies and developers to generate personalized and interesting interactions that increase user pleasure and promote a more human-like relationship between users and technology.
The use of voice cloning technology by the entertainment sector is a significant driver of market expansion. Through voice cloning, famous voices of video game characters, animation characters, and even deceased celebrities can be recreated, adding a whole new level of entertainment and narrative. There has been a great deal of interest in this use, which has increased demand for voice cloning software. For people with disabilities or speech impairments, voice cloning is essential to increasing inclusivity and accessibility. Voice cloning technology empowers people who might have trouble using traditional communication methods by enabling the development of customized and natural-sounding synthetic voices, promoting a more inclusive digital world.
Voice cloning is becoming more and more popular across a range of businesses due to the need for automated and efficient content development procedures. Voice cloning is a useful tool for podcasters, video producers, and content creators to quickly create voice overs or narration. This facilitates the easy development of content in different languages or voices while also saving time and money. Voice cloning is used in the field of education and training to create dynamic and captivating e-learning resources. Teachers can use synthetic voices as a flexible tool to present knowledge in a more personalized and interactive way by customizing them to fit various educational circumstances. In this age of online and distance learning, this trend is especially pertinent.
One innovative use propelling the voice cloning business is the rise of virtual influencers and personalities in social media and marketing. Voice cloning is being used by influencers and brands to establish distinct personalities for virtual entities, which improves engagement and brand recognition. In the digital sphere, this creative method creates new opportunities for marketing and content production.
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VOICE CLONING MARKET SHARE ANALYSIS
By geographic share, the voice cloning market was dominated by North America in 2022. The market for voice cloning is expected to rise as a result of the rising investment in advanced technologies from businesses, research institutes, and colleges that have made major investments in voice cloning research and development. However, during the forecast period, Asia-Pacific is anticipated to experience the fastest growth. With a sizable population, a variety of languages, and accents, the area has a sizable and diverse market that is predicted to offer the industry in this area profitable growth potential.
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IBMGoogleLyrebirdNuance CommunicationsBaiduMicrosoftAWSAT&TNeoSpeechSmartbox Assistive TechnologyexCloneLumenVoxKata.AiAlt.AiCereProcAcapela GroupVocaliDVoiceryAristechCepstralIspeechVivoTextVoctro LabsrSpeakCandyVoiceBuy Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Auto-7V503/Global_Voice_Cloning
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– AI Voice Cloning Tool Market
– Cloning Service Market
– Custom Cloning Service market is projected to reach USD 1643.7 million in 2029, increasing from USD 1215 million in 2022, with a CAGR of 4.6% during the period of 2023 to 2029.
– Hard Drive Cloning Software market is projected to reach USD 241.1 million in 2029, increasing from USD 126 million in 2022, with a CAGR of 9.5% during the period of 2023 to 2029.
– The global generative ai market size was valued at USD 8.2 Billion in 2021, and is projected to reach USD 126.5 Billion by 2031, growing at a CAGR of 32% from 2022 to 2031.
– The global cloud artificial intelligence market was valued at USD 42.7 Billion in 2022, and is projected to reach USD 887 Billion by 2032, growing at a CAGR of 35.8% from 2023 to 2032.
– The AI Content Generation market was valued at USD 1400 million in 2022 and is anticipated to reach USD 5958 million by 2029, witnessing a CAGR of 27.3% during the forecast period 2023-2029.
– The Visual Artificial Intelligence market was valued at USD 11980 million in 2022 and is anticipated to reach USD 21820 million by 2029, witnessing a CAGR of 10.5% during the forecast period 2023-2029.
– The global edge AI hardware market size was valued at USD 6.88 billion in 2020, and is projected to reach USD 38.87 billion by 2030, registering a CAGR of 18.8% from 2021 to 2030.
– The global conversational AI market size was valued at USD 5.78 billion in 2020 and is projected to reach USD 32.62 billion by 2030, registering a Compound Annual Growth Rate (CAGR) of 20.0% from 2021 to 2030.
– The global artificial intelligence market size was valued at USD 65.48 billion in 2020, and is projected to reach USD 1,581.70 billion by 2030, growing at a CAGR of 38.0% from 2021 to 2030.
– Large Language Model (LLM) Market was valued at 10.5 Billion USD in 2022 and is anticipated to reach 40.8 Billion USD by 2029, witnessing a CAGR of 21.4% during the forecast period 2023-2029.
– Face and Voice Biometrics market was valued at USD 5897.8 million in 2022 and is anticipated to reach USD 10760 million by 2029, witnessing a CAGR of 10.5% during the forecast period 2023-2029.
– Text-to-Speech market size is projected to reach USD 5790.1 million by 2028, from USD 2543.1 million in 2021, at a CAGR of 12.3% during 2022-2028.
– Speech Analytics market size is projected to reach USD 2263.3 million by 2028, from USD 1038.6 million in 2021, at a CAGR of 11.3% during 2022-2028.
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Savory & Partners: Digital Nomad Visas Sparking a Migration Boom
DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research
The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
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Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Market Size in 2022
Market Size in 2032
No. of Pages in Report
Range, End User, Distribution Channel, and Region
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Less adoption in developing markets
Regular maintenance and repair costs
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The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
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Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:https://blog.alliedmarketresearch.com/consumer-goods
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HH Global discloses environmental impact through CDP
LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform.
With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency.
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses.
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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- Savory & Partners: Digital Nomad Visas Sparking a Migration Boom
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- HH Global discloses environmental impact through CDP
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