Article -> Article Details

The global text-to-speech market size is expected to reach USD 7.06 Billion at a steady CAGR of 14.7% in 2028, according to latest analysis by Emergen Research. Text to speech technology market is witnessing increasing revenue growth owing to growing traction of the software globally. Text-to-speech works with almost all personal digital devices such as tablets, smartphones, and computers. Text-to-speech tools highlight the words as they are read out aloud and serves to help children not only to see the words onscreen, but also to hear, understand, and recognize the pronunciation simultaneously.

The Text-to-Speech market offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Text-to-Speech industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Text-to-Speech market.

To know more about the report @https://www.emergenresearch.com/industry-report/text-to-speech-market

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Report Objective:

The report offers a complete analysis of the global Text-to-Speech market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. IBM Corporation, Google Inc., Nuance Communication, Amazon.com, LumenVox LLC, SESTEK, Readspeaker, Sensory Inc., Acapela Group, and Nextup Technologies. and others are some of the top companies profiled in the report.

Emergen Research has segmented the global text-to-speech market on the basis of offering, deployment mode, voice type, organization size, vertical, and region:

Offering Outlook (Revenue, USD Billion; 2021–2028)

• Software
• Services
  1. Software-as-a-Service
  2. Support, Implementation & Consulting

Deployment Mode Outlook (Revenue, USD Billion; 2021–2028)

• On-premise
• Cloud-based

Voice Type Outlook (Revenue, USD Billion; 2021–2028)

• Neural and Custom Voice
• Non-Neural

Organization Size Outlook (Revenue, USD Billion; 2021–2028)

• Small and Medium-Sized Enterprises
• Large Enterprises

Vertical Outlook (Revenue, USD Billion; 2021–2028)

• Automotive & Transportation
• Consumer
• BFSI
• Healthcare
• Education
• Retail
• Travel and Hospitality
• Assistant tool for visually impaired or disabilities (Dyslexic Reader)
• Enterprises
• Others (Government and Legal)

Key point summary of the report:

• The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
• It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
• The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
• It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
• Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
• The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
• The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Text-to-Speech Market:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

Thank you for reading the research report. We also offer report customization as per client requirement. Kindly connect with us to know more about the customization feature and our team will offer you the best suited report.