ElevenLabs: India is Second-Largest Enterprise Market, RoI Drives AI Adoption

• ElevenLabs, a speech synthesis AI firm, states India is its second-largest enterprise market globally by revenue, driven by strong ROI.
• Carles Reina of ElevenLabs highlighted spectacular growth in India over the past three years at the World Economic Forum (WEF) in Davos.
• Enterprise adoption of AI is 'skyrocketing' in India, particularly for customer-facing AI agent use cases, moving from pilots to full production.
• India's 'voice native' market, with high usage of voice notes and platforms like WhatsApp, makes it crucial for voice AI innovation.
• ElevenLabs estimates it produces over 90% of all AI voice globally and sees no bubble in the AI voice space, with enterprise traction growing across regions.

Why It Matters: India is ElevenLabs' second-largest enterprise market, with strong ROI and a 'voice native' culture driving AI adoption.