Forbes February 5, 2025
The rapid advancement of artificial intelligence (AI) has significantly transformed various industries, with voice technology emerging as a pivotal area of innovation. According to a recent report by Andreessen Horowitz (a16z), the AI voice sector has experienced substantial growth, driven by technological advancements and increasing consumer adoption.
Market Growth and Adoption
The a16z report highlights that the global AI voice market reached $5.4 billion in 2024, reflecting a 25% increase from the previous year. This growth is attributed to the widespread integration of voice assistants in consumer devices and the rising demand for voice-enabled applications across various sectors.
Consumer adoption of voice technology has also seen a significant uptick. A survey cited in the report indicates that 60% of smartphone...
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