The text-to-speech market in APAC is expected to witness the highest growth owing to technological
advancements as well as the growing consumer electronics and automotive industry. China and India
are among the fastest-growing economies in the world. Their financial strength enables them to make
significant investments in various growing end-user industries. In Japan and China, text-to-speech
systems have been deployed at airports and ATMs.
The breakup of the profile of primary participants has been given below:
• By Companies: Tier 1 – 20 %, Tier 2 – 35%, and Tier 3 – 45%
• By Designation: C-level Executives – 25%, Directors – 35%, and Others – 40%
• By Region: America – 50%, Europe – 30%, Asia Pacific – 10%, and RoW – 10%
The companies covered in the text-to-speech market are Nuance Communication (US), Microsoft
Corporation (US), Sensory Inc. (US), LumenVox LLC (US), NeoSpeech (US), Amazon.Com (US),
SESTEK (Turkey), iSpeech Inc. (US), TextSpeak (US), NextUp Technologies (US), Acapela Group
(France), CereProc (Scotland), ReadSpeaker (Netherlands), Nexmo (US), and rSpeak (Netherlands).
Research Coverage:
The text-to-speech market has been segmented on the basis of vertical and geography. The market
has been further segmented on the basis of vertical into consumer electronics, automotive and
transportation, healthcare, education, finance, retail, enterprise, and others. On the basis of
geography, the market has been segmented into the Americas, Europe, Asia Pacific, and Rest of the
World.
Reasons to Buy the Report:
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the text-to-speech market comprehensively and provides the closest
approximations of the market sizes for the overall market and sub-segments across the different
applications and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information
on key market drivers, restraints, challenges, and opportunities.
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