Data Bridge Market Research analyses that the text to speech (TTS) software market is expected to reach USD 7390.60 million by 2030, which is USD 2285.66 million in 2022, registering a CAGR of 15.80% during the forecast period of 2023 to 2030.
An exceptional "Text to Speech (TTS) Software Market" report assists the business in every sphere of trade to easily take unmatched decisions, to tackle the toughest business questions and diminish the risk of failure. To execute market research study; competent and advanced tools and techniques viz SWOT analysis and Porter's Five Forces Analysis have been employed. The report gives estimations on the market status, growth rate, future trends, market drivers, opportunities, challenges, entry barriers, risks, sales channels, and distributors. Because businesses can accomplish great benefits with the different and all-inclusive segments covered in "Text to Speech (TTS) Software Market" research report, every bit of market that can be included here is tackled carefully.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures) @
Market Definition:
Text-to-Speech refers to that text which is voiced by either a human-based voice or by a computer-based voice. These programs are perfect for primary and secondary classrooms and appropriate for vision impaired people of any age. The text-to-speech software are shareware sometimes but most of the times it is freeware for user which can use it without charging any price but in shareware the app is reachable for a definite trial period after that the consumers have to pay for that software.
Some of the major players operating in the text to speech (TTS) software market are:
  • Google LLC (U.S.)
  • Apple, Inc. (U.S.)
  • Amazon Web Services, Inc. (U.S.)
  • Microsoft (U.S.)
  • IBM (U.S.)
  • iFlytek (China)
  • Baidu (China)
  • LumenVox LLC (U.S.)
  • Sensory, Inc. (U.S.)
  • Sestek (Turkey)
  • Dolbey Systems, Inc. (U.S.)
  • Nuance Communications, Inc. (U.S.)
  • Open Text Corporation (Canada)
  • Voxware, (U.S.)
  • Wizzard Speech LLC (Germany)
  • ReadSpeaker Holding B.V. (Netherlands)
  • Acapela Group (Belgium)
Recent Development
  • In 2021, Amazon Polly prolonged its text-to-speech offering with the launch of Aria, a neural text-to-speech voice. Neural Text-To-Speech (NTTS) provides significant improvements in speech quality. It surges expressiveness and naturalness, two major factors in synthesizing lifelike speech that is getting nearer than ever from human voices.
Text to Speech (TTS) Software Market Scope
The text to speech (TTS) software market is segmented on the basis of offering, deployment model, organization size, voice type, operating device, file format and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
  • Software and Solution
  • Services
  • SAAS
  • Support, Implementation and Consulting
Deployment Model
  • Cloud
  • On-premises
Organization Size
  • Large Enterprise
  • Small and Medium-Sized Enterprises (SMEs)
 Voice Type
  • Neural and Customer Voice
  • Non-Neural
Operating Device
  • Computers
  • Tablets
  • Mobile Phones
 File Format
  • mp3
  • mp4
  • VOX
  • WMA
  • 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
Text to Speech (TTS) Software Market Regional Analysis/Insights
The text to speech (TTS) software market is analyzed and market size insights and trends are provided by country, offering, deployment model, organization size, voice type, operating device, file format and end user as referenced above.
The countries covered in the text to speech (TTS) software market report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the text to speech (TTS) software market in terms of revenue and market share due to the increasing adoption of handheld devices or smartphones and internet connectivity. The U.S. is anticipated to dominate North America region owing to the extreme surge in the availability of cost-efficient and good quality cloud solutions.
Asia-Pacific will continue to project the highest growth rate during the forecast period of 2023-2030 owing to the extreme upsurge in technological advancements regarding handheld devices, smartphones, and other digital devices. 
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   
Browse DBMR Trending Report:
About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies ly and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
Contact Us: -
Data Bridge Market Research
US: +1 888 387 2818
United Kingdom: +44 208 089 1725
Hong Kong: +852 8192 7475