Text-to-Speech Market

Market Leader - Text-to-Speech Market

The growth of the text-to-speech market is expected to be driven by the rising demand for handheld devices and increase in government spending for the education of differently abled persons. The Americas is expected to hold the largest size of the text-to-speech market, while the market in Asia Pacific is expected to grow at the highest rate during the forecast period.

The companies involved in the text-to-speech market adopted various strategies such as new product launches, partnerships, agreements, and collaborations as the key growth strategy over the last three years.

Nuance Communications has invested heavily in research and development to enhance its product portfolio and to build a world-class portfolio of intellectual property, technologies, applications, and solutions through internal development and acquisitions. In the mobile and consumer segment, the company is focusing on adopting IoT in its device solutions, geographic expansion of their mobile operator services, and the expansion of Dragon solutions into the cloud. In the enterprise segment, the company is focused on extending its technology capabilities with intelligent self-service and artificial intelligence for customer service. With Loquendo TTS-which delivers high-quality, dynamic, and personalized audio for enhanced customer interactions in multiple languages-and Vocaliser, the company has a strong product portfolio and offers enhanced text-to-speech solutions to its customers.

Another major player in this market is Amazon Web Services, which offers a wide range of artificial intelligence products, such as Amazon Polly, Amazon Lex, etc., to help the company leverage its text-to-speech product portfolio. The company has made its products available to keep up the pace with fast-growing technologies such as neural networks and deep learning. The company has a well-established market for cloud-based services, which helps it to offer more cloud-based speech solutions to its customers. IVONA Software provides high-quality, natural-sounding TTS voices and highly accurate text interpretation. The company researches and develops high-caliber TTS technology and delivers its solutions on a large number of devices and applications in a customer-centric way.

Related Reports:

Text-to-Speech Market by Vertical (Healthcare, Enterprise, Consumer Electronics, Automotive & Transportation, Finance, Education, Retail), and Geography(Americas, Europe, Asia Pacific) - Global Forecast to 2022

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 5253
Published ON
May, 2017
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Text-to-Speech Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved