10 Statistics that Prove the Demand for Voice Over is Rising

Many credit score Disney animation with beginning voice overs, however this sort of audio approach really started in 1900 when Reginald Fessenden reported about the climate.

Since then, voice over work has dominated the movie trade, with the want for voice expertise in the leisure trade being apparent. But voice work has additionally grow to be an more and more common approach for promoting and advertising throughout a large number of different industries, providing content material creators and entrepreneurs an outlet to ship their message to shoppers with out relying solely on visuals. 

A big portion of those that work in the voice over trade does in order freelancers, providing their expertise and experience for rent on a per-project or by-the-hour foundation. The benefits of hiring professional freelancers are clear, as companies start to experiment with new forms of promoting and media and discover the distinctive alternatives afforded by audio mediums. 

Whether the want is to create audiobooks, TV commercials, radio advertisements, video video games, and the whole lot in between, the want for voice expertise is rising. The 10 stats under will show it.

1. Animated movies make up 33% of enterprise promoting

According to a 2022 report by Wyzowl, as many as 86% of companies use video as a advertising instrument. An additional 33% of those corporations use animated movies. 

If you might have the funds to create a branded animated character, akin to the Geico lizard, it’s possible you’ll stand a greater likelihood of resonating along with your viewers for years to return. The Geico mascot retains folks knowledgeable about automotive insurance coverage, however in the digital age, that’s not restricted to TV commercials or radio advertisements. Such dynamic animated characters can transcend TV and radio to characterize the firm with movies on Instagram, TikTok, model web sites, and the like.

Now suppose again to your childhood for a minute. Is there a specific character or voice that you’ll be able to keep in mind, even now? (*10*) of frosted flakes fame? How about the Trix rabbit? Since cereals are sometimes geared towards youngsters, the branded characters that characterize them should be bigger than life to be actually memorable, and people recollections final properly into maturity.

2. National radio revenues forecast to have a 6% to eight% enhance

With all of our high-tech streaming, the advantages of radio could slip underneath our radar. According to Mark Gray, CEO of Katz Media Group, each quarter on the radio has grown since the pandemic started in early 2020. When requested about the progress of radio income, Gray projected political radio might see $300 million in income. 

On prime of Gray’s predictions, MAGNA predicts radio advert spending will go up 6%, and Chief Economist Mark Fratrik thinks AM/FM advert income will see 8% progress. In actual time, radio advert income is already up 4.7 % compared to a year ago in Australia.

3. There are about 31 billion IoT gadgets in houses round the world

It’s widespread for one particular person to have multiple digital good machine. In 2020, there have been as many as 10 gadgets per family! 

So what does this imply for you?

Businesses have the benefit of utilizing a number of methods to attach the model with cross-channel ads. You can take the identical partaking voice over content material and tailor it for barely totally different advertisements that match social media, TV, radio, cellular, and so forth. This method means that you can unfold your constant model message to your prospects by way of a number of platforms and throughout all their gadgets. 

4. Audiobooks will hit $19.4 billion in 2027

What about the world of audiobooks? The demand for audiobooks has dramatically elevated since the iPod got here to mild.

According to a current report on Statista, US audiobook gross sales have been $1.3 billion in 2020 and 138 million audiobooks have been borrowed from colleges and libraries throughout the world between 2017 and 2021. The trade is so scorching, some voice actors specialize completely in audiobooks.

With a projection of $19.39 billion in income from audiobooks, there is room for loads of voice expertise. After all, there are solely so many celebrities that can learn audiobooks!

5. Voice assistant progress will attain $3.42 billion in 2022

Artificial Intelligence is steadily making its mark in the voice world. Voice-based AI assistants, akin to Apple’s Siri, Amazon’s Alexa, and others, are the norm for making contactless instructions. As such, entrepreneurs are more and more turning to those digital voice overs as a approach to introduce their services or products in a extra humanistic tone.

By 2026, the trade ought to attain $10 billion. While folks could count on an AI voice to sound robotic, there is room for human voice expertise on this sector. People don’t always want to interact with a synthetic voice. As SMART assistants advance, utilizing human voices by way of voice expertise will assist make folks really feel comfortable.

In different phrases, entrepreneurs ought to be being attentive to the want for digital voice overs now, not later. It’s greater than a development—they’re a vital a part of any marketing strategy transferring ahead.

6. Audio promoting is anticipated to extend 6.4% in 2022

In the United States, 90% of individuals hearken to radio each day whereas over one-third are consuming podcasts. That’s an enormous viewers tuning into audio content material, and that means loads of alternatives for audio advertisements.

In truth, audio advertisements noticed an enormous uptick in 2021, with the development set to proceed by way of 2022. The United States noticed a 25% enhance to the tune of $16 billion by way of 2021, thanks in no small half to digital audio and podcasts. 

As extra folks flip to podcasts and digital music platforms, the door for companies to get their audio advert campaigns in entrance of listeners is huge open. Given that 81% of listeners take action based on audio ads throughout a podcast, it’s only one extra alternative to showcase your model’s message.

7. Podcasts can have 424.2 million listeners in 2022

According to Insider Intelligence, the podcast trade will attain $94.88 billion by 2028.

Podcasting took some time to realize steam however has skyrocketed in reputation inside the previous few years. Now there are over 1.75 million energetic podcasts in over 100 languages.

This medium has continued to advance in content material and high quality, and there’s a necessity for audio promoting to match. In addition to being younger, listeners are additionally educated and prosperous. A podcast viewers is 45% extra more likely to have greater than $250,000 in earnings. 

Approximately 82.4% of podcast listeners tune in for over seven hours of content material per week. That’s spectacular by itself, however contemplate that there are 28.2 million podcast listeners on Spotify and 28 million extra utilizing Apple. That’s lots of untapped potential and expendable earnings ready to listen to your model’s audio advertisements. 

Aside from promoting throughout a podcast, it is smart for some corporations to create authentic content material to unfold their messages. Why not get a bit of the podcast pie? There’s a variety of voices on the market able to lend their voices to you on this rising market.

8. 75% of distant employees hearken to radio whereas working

Remote employees tune into the radio a minimum of as soon as per week, and in keeping with Neilsen, about 40% of them hear day-after-day. That’s an unbelievably excessive share of listeners devoted to 1 media platform.

Following the international pandemic, many corporations discovered that productiveness stayed the identical or elevated with distant work, so that they plan to maintain it that manner. Some corporations have pledged to embrace distant work or a minimum of hybrid work choices by way of 2022 and past, which means a plethora of alternatives to succeed in tens of millions with radio advertisements await the savvy marketer who is able to embrace audio as a vital a part of promoting.

9. Explainer movies can enhance income by 80%

Pairing invaluable content material with imagery makes explainer movies a no brainer for most enterprise fashions. It’s the commonest kind of video total and acts as a technique of teaching prospects a few product, service, or firm. Explainer movies pair creativity with model authenticity to determine trustworthiness and authority inside your trade.

Instead of getting a dry set of tutorial manuals on a web site, these movies mix graphics and an informative voice to elucidate advanced matters. As a consequence, viewers stroll away remembering a minimum of 65% of the message from these movies. 

On the flip aspect, these identical prospects solely retain 10% of the info from textual content advertisements. The greatest manner for these movies to be partaking is to ensure your model and firm voice shine by way of. What higher to take action than with a powerful model voice?

10. Voice actor job progress anticipated to rise as much as 15%

Have you ever listened to an audio clip and thought that the voice didn’t fairly match the content material? Or have you ever ever heard the identical voice on back-to-back advertisements for fully totally different merchandise? 

Maybe the advertiser selected the improper voice actor or perhaps they didn’t have sufficient choices. Either manner, the advert in all probability didn’t hit the mark with the audience. This is the identical concern confronted when utilizing AI or artificial voices—since these voices are created primarily based on human voices and draw from the identical swimming pools of knowledge, they usually sound fairly related and are restricted of their range. More selection and extra expertise is the resolution. 

42% of small companies in the US and 33% of Fortune 500 corporations are already turning to freelance marketplaces to outsource their work, together with voice over. In 2021, Voices noticed a rise of 245% in expertise sign-ups, which means the provide is rising to fulfill the ever-increasing demand. That means extra expertise to select from, and a chance to discover a voice that’s genuine to your model. 

In truth, the identical Voices.com examine revealed that 31% of manufacturers are hiring freelancers, like voice actors, in 2022 a minimum of as soon as per week! That’s a rise of 13% over 2021, which means voice actor job progress continues to rise.

Why The Growth of Voice Over Matters

The information doesn’t lie. Audio-based content material is rising exponentially, and now is the excellent time to speculate on this dynamic type of promoting and manufacturing. It’s time to attach with shoppers in a manner that feels — and sounds — genuine by way of the use of a curated, just-for-you model voice to spherical out your advertising technique in 2022.