Text to Speech Market 2020-2026
|出版商||Orion Market Research Pvt Ltd||商品編碼||1008158|
|文本宣讀的全球市場預測(2020年∼2026年) Text to Speech Market 2020-2026|
|出版日期: 2021年05月07日||內容資訊: 英文||
Global Text to speech Market Size, Share & Trends Analysis Report by Type (Solution, Service), By Vertical (Automotive & Transportation, Enterprise, Consumer Electronics, Healthcare, BFSI, Education, Retail, Others (Entertainment & Government)), Forecast Period 2021-2027
The global text to speech market is anticipated to grow at a considerable CAGR of 15.2% during the forecast period (2021-2027). The growing demand for portable handheld devices, increased government spending on education for differently-abled, along with the rising dependence of the growing elderly population on technology are some of the key factors that are promoting the adoption of this technology; thereby, driving the growth of the global text to speech market.
The global text to speech market is segmented based on type and vertical. Based on type, the market is segmented into solution & service. Based on type, the text to speech services market is anticipated to hold a considerable share during the forecast period. Services play a key role in the functionality of text-to-speech software hence is anticipated to contribute to the high share of this market segment. Based on vertical, the market is segmented into automotive & transportation, enterprise, consumer electronics, healthcare, BFSI, education, retail, others (entertainment & government
Geographically, the global text to speech market is classified into North America, Europe, Asia-Pacific, and Rest of the World. North America is anticipated to have a significant market share in the global market. The growth of the region is being primarily driven by the well-developed IT infrastructure of the US. In addition, the presence of the high number of enterprises in the region, particularly in the US further boosts the growth of the global text to speech market in the region. Asia-Pacific is estimated to have considerable growth in the global market during the forecast period.
The text to speech market is its initial phase of its lifecycle and has lot of growth opportunities in the near future. Amazon.Com, Inc., Apifonica, Cereproc Ltd., Charmtech Labs LLC, IBM Corp., Microsoft Corp., and Naturalsoft Ltd. among others are the key players operating in the global text to speech market. These players are adopting different growth strategies such as investment in technological advancement, mergers & acquisition, partnership, and collaboration among others to expand their footprints in the global marketplace. As this market is in its initial phase of development hence, many startups are raising funding for the development of this technology.
The market study of the global text to speech market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
Financial reports of companies involved in the market
Whitepapers, research-papers, and news blogs
Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
1. Global Text to speech Market Research And Analysis By Type
2. Global Text to speech Market Research And Analysis By Vertical
The Report covers:
Comprehensive research methodology of the global text to speech market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global text to speech market.
Insights about market determinants which are stimulating the global text to speech market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.