Latest news with #Synthesia
Globe and Mail
7 days ago
- Business
- Globe and Mail
AI Avatar Market Scope In 2025: Share, Trends, Opportunities Analysis Forecast Report By 2032
"Synthesia (UK), HeyGen (US), D-ID (Israel), Akool (US), Veritone (US), NVIDIA (US), AWS (US), Meta (US), Vyond (US), Soul Machines (US)." AI Avatar Market by Platform (Digital Human, 3D & Metaverse Avatars, Stylized Avatars), Type (Interactive Avatars, Noninteractive Avatars), Application (Virtual Assistant, Characters, Influencer, Companion, Podcaster & VTuber) - Global Forecast to 2032. The global AI avatar market is expected to grow at a compound annual growth rate (CAGR) of 33.1% between 2025 and 2032, from an anticipated USD 0.80 billion in 2025 to USD 5.93 billion by 2032. Rapid developments in computer vision and natural language processing (NLP) as well as the growing desire for highly customized digital interactions are major drivers of the demand for AI avatars. Because consumers now demand personalized, human-like interactions, AI avatars are crucial to providing realistic experiences. By offering immersive environments where avatars function as lifelike virtual characters, the metaverse improves this. Avatars can now comprehend speech, emotions, and visual cues more effectively because to developments in natural language processing and computer vision, enabling smooth, organic interactions. AI avatars are becoming more versatile, interesting, and useful in a variety of fields and applications because to these advancements. Download PDF Brochure@ Virtual agents & assistants will register the largest market share during the forecast period The virtual agents & assistants segment is expected to hold the largest market share in the AI avatar market due to their widespread adoption across customer service, healthcare, education, and e-commerce industries. These AI-powered agents provide 24/7 support, reduce operational costs, and enhance customer engagement with personalized interactions. Advancements in natural language processing and machine learning further improve their capabilities, making them more human-like and efficient, which drives their increasing deployment across various sectors. Interactive avatar type is poised for the fastest growth rate during the forecast period Interactive avatars are expected to experience the highest growth rate in the AI avatar market due to their ability to deliver dynamic, personalized, and immersive user experiences across gaming, education, and customer service industries. These avatars leverage advanced AI technologies, including natural language processing, facial recognition, and real-time emotion analysis, enabling them to engage users in lifelike interactions. The rise of virtual training, remote education, and metaverse platforms further fuels demand for interactive avatars, driving rapid market expansion. North America accounts for the largest market during the forecast period North America is expected to hold the largest market share in the AI avatar market due to the region's advanced technological infrastructure, early adoption of AI solutions, and the presence of key industry players. Strong investments in AI research and development and widespread deployment across the entertainment, healthcare, and education sectors further boost market growth. Additionally, increasing demand for personalized digital experiences and the rapid expansion of metaverse and virtual reality applications contribute to North America's market dominance. Request Sample Pages@ Unique Features in the AI Avatar Market One of the standout features in the AI avatar market is the development of hyper-realistic digital personas that closely mimic human expressions, gestures, and speech patterns. These avatars are powered by advanced generative AI models that can synthesize facial movements, eye contact, and lip-sync in real-time, offering a lifelike virtual experience for applications in customer service, gaming, and digital influencers. Leading AI avatar platforms now support multilingual interactions with real-time translation, allowing avatars to engage users globally without language barriers. This feature is particularly valuable for global customer support, education, and content creation, where localization and inclusivity are essential. Users can create avatars that closely resemble their appearance, voice, and personality. Advanced customization options include selecting body types, facial features, outfits, and even emotional tones, enabling highly tailored virtual identities for individuals and brands. Modern AI avatars are capable of detecting user emotions through voice tone, facial expressions, or text inputs. Using sentiment analysis and emotion recognition, avatars can adapt their tone, responses, and body language to provide more empathetic and context-aware interactions. Major Highlights of the AI Avatar Market The AI avatar market is witnessing exponential growth, fueled by the rising demand for virtual human interfaces across industries such as entertainment, education, healthcare, and enterprise communication. With improvements in AI and deep learning technologies, avatars are becoming more intelligent, interactive, and accessible to businesses and consumers alike. AI avatars are being adopted for a wide range of applications, from digital influencers in marketing campaigns to virtual assistants in customer service and healthcare. Educational platforms use avatars for interactive tutoring, while enterprises leverage them for training, onboarding, and internal communication, showcasing the market's versatility. With the rise of platforms like TikTok, YouTube, and Instagram, there has been a boom in AI-generated content and virtual influencers. AI avatars offer a cost-effective and scalable solution for brands to engage audiences, often outperforming human influencers in consistency, availability, and control. Technological progress in generative AI and real-time rendering has significantly enhanced the realism and performance of AI avatars. These improvements have made it possible for avatars to perform in live environments, with responsive facial expressions, gestures, and voice output that feel natural and immersive. Inquire Before Buying@ Top Companies in the AI Avatar Market Some of the leading players in the AI avatar market include Synthesia (US), HeyGen (US), D-ID (Israel), (UK), and Vyond (US). These players have successfully leveraged collaborative partnerships with technological vendors and tech organizations to foster innovation and drive new developments. Their significant investment in research and development enables them to explore advanced technology, such as ML, NLP, and IoT, and enhance automation capabilities, solidifying their competitive edge and boosting market positioning. SYNTHESIA Synthesia's strengths include advanced video synthesis technology that creates realistic, customizable AI avatars fluent in multiple languages. The platform is user-friendly, enabling non-technical users to produce professional videos efficiently. It reduces production time and costs compared to traditional methods, offering scalable solutions for education, marketing, and corporate training. Synthesia prioritizes ethical AI use and strong data privacy, building user trust. With continuous advancements in avatar realism and seamless integration, Synthesia is a premier AI avatar provider, revolutionizing how organizations produce engaging and personalized video content across various industries. HEYGEN HeyGen is an AI-driven platform offering realistic, customizable avatars and multilingual video creation. Its core strengths include advanced AI avatars, voice cloning, and support for over 175 languages, paired with an intuitive interface that requires no technical skills. HeyGen's strategy centers on making video production accessible and affordable by eliminating traditional barriers. Key partnerships, such as with Vyond, broaden its avatar library and enhance user options. The platform serves marketing, education, and corporate training, delivering scalable, personalized video content that enables businesses to engage diverse audiences efficiently through innovative AI-powered solutions. D-ID D-ID, an Israeli startup founded in 2017, is a leader in the AI avatar market, specializing in creating lifelike digital humans for real-time, interactive experiences. Their platform leverages advanced generative AI and natural user interface technologies to transform text, images, and audio into photorealistic avatars capable of engaging in human-like conversations. D-ID's solutions are utilized across various sectors—including marketing, customer service, education, and content creation—to enhance user engagement and streamline communication. Notably, their "Speaking Portrait" feature allows users to generate videos of avatars delivering scripted content with synchronized lip movements, while their "D-ID Agents" enable real-time, multilingual interactions, providing a more personalized and immersive user experience. With a client base that includes Fortune 500 companies, D-ID continues to innovate in the realm of AI-driven digital communication. a UK-based platform, is a prominent player in the AI avatar market, offering a comprehensive suite of tools for creating realistic, talking avatars. Users can select from over 50 diverse stock avatars or generate custom digital clones by recording themselves, enabling personalized video content creation. VEED's avatars support over 150 languages and dialects, making it ideal for global marketing, training, and internal communications. The platform's intuitive interface allows for easy script input, voice cloning, and avatar animation, streamlining the video production process without the need for cameras or studios. This positions as a versatile solution for businesses aiming to scale content creation efficiently. Vyond Vyond, a U.S.-based AI video creation platform, is a prominent player in the AI avatar market, offering over 1,100 customizable avatars through partnerships with providers like HeyGen and Tavus. These avatars encompass diverse age groups, ethnicities, and professional roles, enabling users to craft personalized, photorealistic, and dynamic videos efficiently. Vyond's platform supports multilingual capabilities, allowing avatars to deliver content in over 70 languages, and offers features like custom avatar creation, seamless integration with various video styles, and AI-driven tools for script generation and video editing. This versatility makes Vyond a valuable resource for businesses aiming to enhance training, marketing, and communication efforts through engaging AI-generated content.
Finextra
29-05-2025
- Business
- Finextra
Stripe showcases money management tools for British businesses
Programmable financial services company Stripe showcased its latest products to accelerate the growth of British businesses, including a major expansion of its money management capabilities, tools to make it easier to trade internationally, and the world's first AI foundation model for payments. 0 UK businesses are now able to: Hold, manage, and spend from balances in multiple currencies in their existing Stripe account, and pay out to customers, contractors, and other third parties in 50 countries with just an email address. Sell cross-border more easily using 25 new payment methods (including UPI in India and Pix in Brazil), collect and file taxes in 102 countries, and present prices in local currencies in more than 150 markets. Benefit from the world's first foundation model for payments, which captures hundreds of subtle signals that previous AI models couldn't, and has already increased Stripe's detection rate for card testing attacks on large businesses from 59% to 97% practically overnight. Embed financial services into their platform or marketplace with Stripe Capital, new Charge Cards with Stripe Issuing, and the upcoming roll out of Stripe Treasury. The company also revealed that it now serves more than 1 million UK businesses and solopreneurs, including 45% of the companies in the FTSE 100. Businesses on Stripe range from AI champions like ElevenLabs and Synthesia and fintech leaders such as Revolut and Monzo, to British institutions like Tesco, Hargreaves Lansdown, and the UK Government. These updates were shared at Stripe Tour London, the company's annual internet economy conference in the UK, where 1,700 founders and business leaders gathered at the Excel. During the event, ElevenLabs cofounder Mati Staniszewski joined Stripe cofounder John Collison on stage to discuss the rapid improvements in AI voice, and how businesses are leveraging this new technology to increase efficiency and accelerate growth. 'We're on the cusp of two giant leaps for the economy: stablecoins and AI,' said Stripe cofounder John Collison. 'Stablecoins are the underdog that everyone's sleeping on, and AI is on the cusp of rewiring how commerce takes place online through agentic transactions. Our intent is to pull the future forward for all of you building on Stripe.' Stripe Tour London comes three weeks after Stripe unveiled more than 60 updates to its product suite at Sessions, its annual internet economy conference in San Francisco. These included new money management capabilities powered by stablecoins, and a partnership with Visa to launch the first-ever global card issuing product that will make stablecoin balances as easy to spend as fiat currency.
Yahoo
23-05-2025
- Business
- Yahoo
This bank is using AI versions of its analysts to meet clients' demand for videos
UBS is using AI to create avatar videos from analysts' notes. 36 analysts covering a range of sectors are taking part in the Swiss bank's initiative. UBS told Business Insider that clients have been seeking more video options. Banks are using AI to save their analysts' time while giving clients what they want. Bank of America uses "Banker Assist" to aggregate information to offer insights unique to each client, while Goldman Sachs has a "GS AI Assistant" that functions as an in-house ChatGPT for staff. Swiss bank UBS has gone further, using AI to generate avatars of analysts that explain their research to clients, and it's planning to do this more. The Swiss bank started using AI avatars of some analysts in January. About 36 UBS analysts, or 5% of its total, have volunteered to take part. They cover sectors including technology, consumer goods, and energy. UBS's use of AI avatars was first reported by The Financial Times. Using OpenAI and Synthesia tools, a script is generated in a matter of seconds that is then edited by staff. Scott Solomon, head of global research technology at UBS, told Business Insider that his team started creating videos of analysts a decade ago, but capacity restrictions meant they were capped at about 1,000 annually. Analysts were writing an average of two notes a week but would only go to the video studio once a quarter, he said. The new tools are "enabling somebody to use a capability in video that they weren't really able to use before," he said. It also gives clients another way to digest information and meet their rising demand for video, Solomon said. He compared an avatar to other parts of an analyst's toolkit. "When an analyst joins UBS, we give them Excel, we give them our authoring platform, we give them a CRM [customer relationship management] tool so they can talk to clients. I want them to have an avatar," he said. Solomon said the next step would be integrating the technology so that a video can eventually be created when an analyst publishes a note — without the need for editing. He said he hoped this would become possible by the end of the year. Even if the process was fully automated, UBS said analysts will still assess a video based on their notes before it is sent to clients. Solomon said that ideally, the avatars would eventually become part of the onboarding process, so that whenever a note is published, there's a video too. The next step would be integrating this capability directly into the authoring platform. "We have the script generator, we have the ability to send the script to generate the avatar, and then we obviously have the ability to deliver the avatar to clients," Solomon said. "We want to string all that together so that as they're writing the note, they can get the video with it as well. Our goal is absolutely not to do 50,000 videos a year, but clearly there's an opportunity to do more videos than we are today." Read the original article on Business Insider
Business Insider
23-05-2025
- Business
- Business Insider
This bank is using AI versions of its analysts to meet clients' demand for videos
Bank of America uses " Banker Assist" to aggregate information to offer insights unique to each client, while Goldman Sachs has a " GS AI Assistant" that functions as an in-house ChatGPT for staff. Swiss bank UBS has gone further, using AI to generate avatars of analysts that explain their research to clients, and it's planning to do this more. The Swiss bank started using AI avatars of some analysts in January. About 36 UBS analysts, or 5% of its total, have volunteered to take part. They cover sectors including technology, consumer goods, and energy. UBS's use of AI avatars was first reported by The Financial Times. Using OpenAI and Synthesia tools, a script is generated in a matter of seconds that is then edited by staff. Scott Solomon, head of global research technology at UBS, told Business Insider that his team started creating videos of analysts a decade ago, but capacity restrictions meant they were capped at about 1,000 annually. Analysts were writing an average of two notes a week but would only go to the video studio once a quarter, he said. The new tools are "enabling somebody to use a capability in video that they weren't really able to use before," he said. It also gives clients another way to digest information and meet their rising demand for video, Solomon said. He compared an avatar to other parts of an analyst's toolkit. "When an analyst joins UBS, we give them Excel, we give them our authoring platform, we give them a CRM [customer relationship management] tool so they can talk to clients. I want them to have an avatar," he said. Solomon said the next step would be integrating the technology so that a video can eventually be created when an analyst publishes a note — without the need for editing. He said he hoped this would become possible by the end of the year. Even if the process was fully automated, UBS said analysts will still assess a video based on their notes before it is sent to clients. Solomon said that ideally, the avatars would eventually become part of the onboarding process, so that whenever a note is published, there's a video too. The next step would be integrating this capability directly into the authoring platform. "We have the script generator, we have the ability to send the script to generate the avatar, and then we obviously have the ability to deliver the avatar to clients," Solomon said. "We want to string all that together so that as they're writing the note, they can get the video with it as well. Our goal is absolutely not to do 50,000 videos a year, but clearly there's an opportunity to do more videos than we are today."
Yahoo
21-05-2025
- Business
- Yahoo
AI Avatar Market worth $5.93 billion by 2032- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 21, 2025 /PRNewswire/ -- The AI Avatar Market size is expected to grow significantly from USD 0.80 billion in 2025 to USD 5.93 billion by 2032, at a compound annual growth rate (CAGR) of 33.1% during the forecast period, according to a new report by MarketsandMarkets™. Rising demand for personalized customer experiences across the retail, entertainment, and education industries drives the AI Avatar Market. Enhanced capabilities of AI avatars, including natural language processing, real-time emotion detection, and multilingual support, enable businesses to automate customer interactions while maintaining a human-like touch. Additionally, advancements in generative AI, increasing adoption of virtual assistants, and integrating AI avatars in metaverse platforms further accelerate market expansion. Browse in-depth TOC on "AI Avatar Market" 288 – Tables 73 - Figures385 – Pages Download PDF Brochure @ Scope of the Report Report Metrics Details Market Size Available for Years 2020–2032 Base Year Considered 2024 Forecast Period 2025–2032 Forecast Units USD( Billion) Segments Covered Platform, Degree of Customization, Type, Application, and End User Geographies Covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America Companies Covered Synthesia (UK), HeyGen (US), D-ID (Israel), Akool (US), Veritone (US), NVIDIA (US), AWS (US), Meta (US), Vyond (US), Soul Machines (US), Microsoft (US), Google (US), Adobe (US), Perfect Corp (Taiwan), SenseTime (Hong Kong), Speechify (US), (UK), Colossyan (US), Unith (Netherlands), Captions (US), DeepBrain AI (US), Uneeq Digital Humans (US), DaveAI (India), Genies (US), Prisma Labs (US), Inworld AI (US), Powtoon (UK), Ravatar (Cyprus), Canva (Australia), Creatify AI (US), Pitch Avatar (Austria), Synthesys (UK), Descript (US), Runway (US), Elai (US), Hippo Video (US), Replika (US), Picsart (US), Vidyard (Canada), Voki (US), Reallusion (US), Vidnoz (US), Hyper Online (US), and (Germany) Virtual agents & assistants will register the largest market share during the forecast period The virtual agents & assistants segment is expected to hold the largest market share in the AI Avatar Market due to their widespread adoption across customer service, healthcare, education, and e-commerce industries. These AI-powered agents provide 24/7 support, reduce operational costs, and enhance customer engagement with personalized interactions. Advancements in natural language processing and machine learning further improve their capabilities, making them more human-like and efficient, which drives their increasing deployment across various sectors. Request Sample Pages@ Interactive avatar type is poised for the fastest growth rate during the forecast period Interactive avatars are expected to experience the highest growth rate in the AI Avatar Market due to their ability to deliver dynamic, personalized, and immersive user experiences across gaming, education, and customer service industries. These avatars leverage advanced AI technologies, including natural language processing, facial recognition, and real-time emotion analysis, enabling them to engage users in lifelike interactions. The rise of virtual training, remote education, and metaverse platforms further fuels demand for interactive avatars, driving rapid market expansion. North America accounts for the largest market during the forecast period North America is expected to hold the largest market share in the AI Avatar Market due to the region's advanced technological infrastructure, early adoption of AI solutions, and the presence of key industry players. Strong investments in AI research and development and widespread deployment across the entertainment, healthcare, and education sectors further boost market growth. Additionally, increasing demand for personalized digital experiences and the rapid expansion of metaverse and virtual reality applications contribute to North America's market dominance. Inquire Before Buying@ Top Key Companies in AI Avatar Market: The major players in the AI Avatar Market include Synthesia (UK), HeyGen (US), D-ID (Israel), Akool (US), Veritone (US), NVIDIA (US), AWS (US), Meta (US), Vyond (US), and Soul Machines (US). Browse Adjacent Markets: Artificial Intelligence (AI) Market Research Reports & Consulting Related Reports: AI as a Service Market - Global Forecast to 2030 Artificial Intelligence Market - Global Forecast to 2032 Small Language Models Market - Global Forecast to 2032 Legal AI Software Market - Global Forecast to 2030 AI in Social Media Market - Global Forecast to 2029 Get access to the latest updates on AI Avatar Companies and AI Avatar Industry About MarketsandMarkets™ MarketsandMarkets™ has beesn recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
