According to the new research report "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", the international text-to-speech market was valued at USD 1.30 Billion in 2016 and is expected to reach USD 3.03 Billion by 2022, at a CAGR of 15.21% between 2017 and 2022. Increasing demand for handheld devices and increase in government expenditure for the education of differently abled peoples are the major factors driving the request for the text-to-speech expertise.
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Browse 57 market data tables and 69 figures spread through 131 pages and in-depth TOC on "Text-to-Speech Market - Global Forecast to 2022"
Consumer electronics vertical to hold the largest share of the text-to-speech market
Text-to-speech is widely used in smartphones for direction finding and personal assistant apps. Laptops and televisions also use this technology to help blind and partially sighted people access the menu with the help of audible instructions. The customer electronics vertical is one of the major application areas of the text-to-speech technology. According to the World Health Organization (WHO) Disability & Health report published in November 2016, over a billion people—about 15% of the world’s population—have some form of disability. Smartphones can help this group of people to live more independently. With text-to-speech, these people can easily communicate, seek assistance from others, and stay connected to the civilization.
Americas to hold the major share of the text-to-speech market during the forecast period
The Americas, which includes the US, Mexico, Canada, and Brazil, among others, dominates the text-to-speech market in terms of topography. The US is expected to be the major sponsor to the text-to-speech market in the Americas between 2017 and 2022. The amplified adoption of machine learning in various end-user industries is driving the growth of the text-to-speech market in the Americas. The enlarged medical spending and government funding for education further contribute to the growth of this market in the region.
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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).
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Northbrook, IL 60062
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newsletter@marketsandmarkets.com
• Download Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownload.asp?id=2434298
Browse 57 market data tables and 69 figures spread through 131 pages and in-depth TOC on "Text-to-Speech Market - Global Forecast to 2022"
Consumer electronics vertical to hold the largest share of the text-to-speech market
Text-to-speech is widely used in smartphones for direction finding and personal assistant apps. Laptops and televisions also use this technology to help blind and partially sighted people access the menu with the help of audible instructions. The customer electronics vertical is one of the major application areas of the text-to-speech technology. According to the World Health Organization (WHO) Disability & Health report published in November 2016, over a billion people—about 15% of the world’s population—have some form of disability. Smartphones can help this group of people to live more independently. With text-to-speech, these people can easily communicate, seek assistance from others, and stay connected to the civilization.
Americas to hold the major share of the text-to-speech market during the forecast period
The Americas, which includes the US, Mexico, Canada, and Brazil, among others, dominates the text-to-speech market in terms of topography. The US is expected to be the major sponsor to the text-to-speech market in the Americas between 2017 and 2022. The amplified adoption of machine learning in various end-user industries is driving the growth of the text-to-speech market in the Americas. The enlarged medical spending and government funding for education further contribute to the growth of this market in the region.
• Ask for Sample Pages of Report :- https://www.marketsandmarkets.com/requestsampleNew.asp?id=2434298
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).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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