Short Description
North America Text To Speech (TTS) Software Market, By Offering (Software And Solution And Services), Deployment Model (Cloud And On-premises), Organization Size (Large Enterprise And Small And Medium-Sized Enterprises (SMEs)), Voice Type (Neural And Customer Voice And Non-Neural), Operating Device (Computers, Tablets, And Mobile Phones), File Format (mp3, mp4, VOX, WMA, and Others), End User (Banking, Financial Services And Insurance (BFSI), Government, Healthcare, Consumer Electronics, Transportation And Automotive, Education, Travel And Hospitality, Retail And E-Commerce, Enterprises And Others), Country (U.S., Canada, Mexico) Industry Trends and Forecast To 2029
Market Definition:
TTS (text to speech) is an assistive technology that reads digital text aloud. TTS may transform words from a computer or other digital device into audio. TTS is particularly beneficial for children who have difficulty reading, but it may also assist them with writing, editing, and even concentration. TTS is compatible with practically all personal digital devices, such as PCs, cell phones, and tablets. All types of text files, including Word and Pages documents, can be read aloud. Even web pages on the internet may be read aloud.
Market Segmentation:
North America text to speech (TTS) software market is segmented into seven notable segments based on the offering, deployment model, organization size, voice type, operating device, file format, and end user.
On the basis of offering, North America text to speech (TTS) software market has been segmented into software and solution and services
On the basis of the deployment model segment, North America text to speech (TTS) software market has been segmented into cloud and on-premises
On the basis of organization size segment, North America text to speech (TTS) software market has been segmented into large enterprise and small and medium-sized enterprises (SMES)
On the basis of voice type segment, North America text to speech (TTS) software market has been segmented into neural and customer voice and non-neural
On the basis of the operating device segment, North America text to speech (TTS) software market has been segmented into computers, tablets, and mobile phones
On the basis of file format segment, North America text to speech (TTS) software market has been segmented into mp3, mp4, VOX, WMA, and others
On the basis of end user segment, North America text to speech (TTS) software market has been segmented into banking, financial services and insurance (BFSI), government, healthcare, consumer electronics, transportation and automotive, education, travel and hospitality, retail and e-commerce, enterprises, and others
Market Players
Some of the key market players for the North America text to speech (TTS) software market are listed below:
IBM
ReadSpeaker Holding B.V.
Nuance Communications, Inc.
Amazon Web Services, Inc.
NextUp Technologies, LLC
Sensory Inc.
LumenVox
Nexmo, Inc.
Textspeak Corporation
GL COMMUNICATIONS INC
GoVivace Inc.
iFLYTEK Corporation
Facebook
Google (A Subsidiary of Alphabet Inc.)
Baidu, Inc.
iSpeech, Inc.
Microsoft
TABLE OF CONTENTS
1 INTRODUCTION 43
1.1 OBJECTIVES OF THE STUDY 43
1.2 MARKET DEFINITION 43
1.3 OVERVIEW OF NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET 43
1.4 CURRENCY AND PRICING 45
1.5 LIMITATIONS 45
1.6 MARKETS COVERED 45
2 MARKET SEGMENTATION 50
2.1 MARKETS COVERED 50
2.2 GEOGRAPHICAL SCOPE 51
2.3 YEARS CONSIDERED FOR THE STUDY 52
2.4 DBMR TRIPOD DATA VALIDATION MODEL 53
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 56
2.6 DBMR MARKET POSITION GRID 57
2.7 VENDOR SHARE ANALYSIS 58
2.8 MULTIVARIATE MODELING 59
2.9 OFFERING TIMELINE CURVE 59
2.10 MARKET APPLICATION COVERAGE GRID 60
2.11 SECONDARY SOURCES 61
2.12 ASSUMPTIONS 61
3 EXECUTIVE SUMMARY 62
4 PREMIUM INSIGHTS 65
4.1 LIST OF APPROVAL AGENCIES 68
4.1.1 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) AND INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC) 68
4.1.2 ACOUSTICAL SOCIETY OF AMERICA (ASA) 68
5 MARKET OVERVIEW 69
5.1 DRIVERS 71
5.1.1 RISE IN ADOPTION OF SMARTPHONES AND HANDHELD DEVICES WITH INCREASE IN INTERNET CONNECTIVITY 71
5.1.2 INCREASED GOVERNMENT FUNDING ON EDUCATION OF DIFFERENTLY-ABLED STUDENTS 71
5.1.3 INCREASE IN THE NUMBER OF PEOPLE WITH DIFFERENT LEARNING ABILITIES 72
5.1.4 INCREASE INDEPENDENCE OF THE GROWING ELDERLY POPULATION ON TECHNOLOGY 73
5.2 RESTRAINTS 74
5.2.1 COMPLEXITY IN GENERATING PRONOUNCIATION OF NATURALLY OCCURING SPEECH 74
5.2.2 DIFFICULTIES IN SPEECH SYNTHESIS WITH FEMALE AND CHILDREN VOICES 75
5.2.3 NON-AVAILABILITY OF MINORITY LANGUAGES IN SOFTWARES 75
5.3 OPPORTUNITIES 76
5.3.1 AVAILABILITY OF COST EFFECTIVE CLOUD SOLUTIONS 76
5.3.2 GROWING PENETRATION OF AI, ANALYTICS, AND IOT DEVICES 77
5.3.3 CONVENIENCE OF AUDIO OUTPUT IN EBOOKS, PDF, AND WEBSITE CONTENT 78
5.3.4 INCREASE IN VARIOUS STRATEGIC DECISIONS SUCH AS PARTNERSHIP AND ACQUISITION 78
5.4 CHALLENGES 79
5.4.1 LOSS OF EMOTION AND ATTRACTION TOWARDS DIGITAL CONTENT 79
5.4.2 EMERGING RISKS AND THREATS TO DATA INTEGRITY 80
6 IMPACT OF COVID-19 PANDEMIC ON NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET 81
6.1 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVES TO BOOST THE MARKET 81
6.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 82
6.3 IMPACT ON DEMAND 82
6.4 IMPACT ON PRICE 83
6.5 IMPACT ON SUPPLY CHAIN 83
6.6 CONCLUSION 83
7 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY OFFERING 84
7.1 OVERVIEW 85
7.2 SOFTWARE AND SOLUTION 86
7.3 SERVICES 86
7.3.1 SUPPORT AND MAINTENANCE 87
7.3.2 IMPLEMENTATION 87
7.3.3 CONSULTING 87
8 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY DEPLOYMENT MODEL 88
8.1 OVERVIEW 89
8.2 CLOUD 90
8.3 ON-PREMISES 90
9 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY ORGANIZATION SIZE 92
9.1 OVERVIEW 93
9.2 LARGE ENTERPRISE 94
9.3 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) 94
10 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY VOICE TYPE 96
10.1 OVERVIEW 97
10.2 NEURAL AND CUSTOMER VOICE 98
10.3 NON NEURAL 98
11 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY OPERATING DEVICE 100
11.1 OVERVIEW 101
11.2 COMPUTERS 102
11.3 MOBILE PHONES 102
11.4 TABLETS 103
12 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY FILE FORMAT 104
12.1 OVERVIEW 105
12.2 MP3 106
12.3 MP4 106
12.4 WMA 107
12.5 VOX 108
12.6 OTHERS 108
13 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY END USER 110
13.1 OVERVIEW 111
13.2 CONSUMER ELECTRONICS 112
13.2.1 SOFTWARE AND SOLUTION 113
13.2.2 SERVICES 113
13.3 TRANSPORTATION AND AUTOMOTIVE 113
13.3.1 SOFTWARE AND SOLUTION 114
13.3.2 SERVICES 114
13.4 HEALTHCARE 115
13.4.1 SOFTWARE AND SOLUTION 115
13.4.2 SERVICES 115
13.5 EDUCATION 116
13.5.1 SOFTWARE AND SOLUTION 117
13.5.2 SERVICES 117
13.6 TRAVEL AND HOSPITALITY 117
13.6.1 SOFTWARE AND SOLUTION 118
13.6.2 SERVICES 118
13.7 BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) 118
13.7.1 SOFTWARE AND SOLUTION 119
13.7.2 SERVICES 119
13.8 RETAIL AND E-COMMERCE 119
13.8.1 SOFTWARE AND SOLUTION 120
13.8.2 SERVICES 120
13.9 ENTERPRISES 121
13.9.1 SOFTWARE AND SOLUTION 121
13.9.2 SERVICES 122
13.10 GOVERNMENT 122
13.10.1 SOFTWARE AND SOLUTION 122
13.10.2 SERVICES 123
13.11 OTHERS 123
14 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET, BY REGION 124
14.1 NORTH AMERICA 125
14.1.1 U.S. 134
14.1.2 CANADA 138
14.1.3 MEXICO 142
15 NORTH AMERICA TEXT TO SPEECH (TTS) SOFTWARE MARKET: COMPANY LANDSCAPE 146
15.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 146
16 SWOT 147
17 COMPANY PROFILES 148
17.1 AMAZON WEB SERVICES, INC. 148
17.1.1 COMPANY SNAPSHOT 148
17.1.2 COMPANY SHARE ANALYSIS 148
17.1.3 PRODUCT PORTFOLIO 149
17.1.4 RECENT DEVELOPMENTS 149
17.2 NUANCE COMMUNICATIONS, INC. 150
17.2.1 COMPANY SNAPSHOT 150
17.2.2 REVENUE ANALYSIS 150
17.2.3 COMPANY SHARE ANALYSIS 151
17.2.4 PRODUCT PORTFOLIO 151
17.2.5 RECENT DEVELOPMENTS 151
17.3 MICROSOFT 152
17.3.1 COMPANY SNAPSHOT 152
17.3.2 REVENUE ANALYSIS 152
17.3.3 COMAPY SHARE ANALYSIS 153
17.3.4 PRODUCT PORTFOLIO 153
17.3.5 RECENT DEVELOPMENTS 153
17.4 GOOGLE (A SUBSIDIARY OF ALPHABET INC.) 154
17.4.1 COMPANY SNAPSHOT 154
17.4.2 REVENUE ANALYSIS 154
17.4.3 COMPANY SHARE ANALYSIS 155
17.4.4 PRODUCT PORTFOLIO 155
17.4.5 RECENT DEVELOPMENT 155
17.5 IFLYTEK CORPORATION 156
17.5.1 COMPANY SNAPSHOT 156
17.5.2 REVENUE ANALYSIS 156
17.5.3 COMPANY SHARE ANALYSIS 157
17.5.4 PRODUCT PORTFOLIO 157
17.5.5 RECENT DEVELOPMENT 157
17.6 ACAPELA GROUP 158
17.6.1 COMPANY SNAPSHOT 158
17.6.2 PRODUCT PORTFOLIO 158
17.6.3 RECENT DEVELOPMENTS 159
17.7 BAIDU INC. 160
17.7.1 COMPANY SNAPSHOT 160
17.7.2 REVENUE ANALYSIS 160
17.7.3 PRODUCT PORTFOLIO 161
17.7.4 RECENT DEVELOPMENT 161
17.8 CEREPROC 162
17.8.1 COMPANY SNAPSHOT 162
17.8.2 PRODUCT PORTFOLIO 162
17.8.3 RECENT DEVELOPMENTS 162
17.9 FACEBOOK 163
17.9.1 COMPANY SNAPSHOT 163
17.9.2 REVENUE ANALYSIS 163
17.9.3 PRODUCT PORTFOLIO 164
17.9.4 RECENT DEVELOPMENTS 164
17.10 GOVIVACE INC. 165
17.10.1 COMPANY SNAPSHOT 165
17.10.2 PRODUCT PORTFOLIO 165
17.10.3 RECENT DEVELOPMENTS 166
17.11 GL COMMUNICATIONS INC. 167
17.11.1 COMPANY SNAPSHOT 167
17.11.2 PRODUCT PORTFOLIO 167
17.11.3 RECENT DEVELOPMENTS 167
17.12 IBM 168
17.12.1 COMPANY SNAPSHOT 168
17.12.2 REVENUE ANALYSIS 168
17.12.3 PRODUCT PORTFOLIO 169
17.12.4 RECENT DEVELOPMENTS 169
17.13 ISPEECH, INC. 170
17.13.1 COMPANY SNAPSHOT 170
17.13.2 PRODUCT PORTFOLIO 170
17.13.3 RECENT DEVELOPMENT 171
17.14 LUMENVOX 172
17.14.1 COMPANY SNAPSHOT 172
17.14.2 PRODUCT PORTFOLIO 172
17.14.3 RECENT DEVELOPMENTS 172
17.15 NEXMO, INC. 173
17.15.1 COMPANY SNAPSHOT 173
17.15.2 PRODUCT PORTFOLIO 173
17.15.3 RECENT DEVELOPMENTS 174
17.16 NEXTUP TECHNOLOGIES, LLC. 175
17.16.1 COMPANY SNAPSHOT 175
17.16.2 PRODUCT PORTFOLIO 175
17.16.3 RECENT DEVELOPMENTS 175
17.17 READSPEAKER HOLDING B.V. 176
17.17.1 COMPANY SNAPSHOT 176
17.17.2 PRODUCT PORTFOLIO 176
17.17.3 RECENT DEVELOPMENTS 176
17.18 SENSORY INC. 177
17.18.1 COMPANY SNAPSHOT 177
17.18.2 PRODUCT PORTFOLIO 177
17.18.3 RECENT DEVELOPMENTS 177
17.19 SESTEK 179
17.19.1 COMPANY SNAPSHOT 179
17.19.2 PRODUCT PORTFOLIO 179
17.19.3 RECENT DEVELOPMENT 179
17.20 TEXTSPEAK CORPORATION 180
17.20.1 COMPANY SNAPSHOT 180
17.20.2 PRODUCT PORTFOLIO 180
17.20.3 RECENT DEVELOPMENTS 181
18 QUESTIONNAIRE 182
19 RELATED REPORTS 186