Pune, India -- (SBWIRE) -- 08/24/2018 -- Text to speech, abbreviated as TTS, is a form of speech synthesis that converts text into spoken voice output. Text to speech systems were first developed to aid the visually impaired by offering a computer-generated spoken voice that would "read" text to the user.

The report examines all the vital aspects of the Text-to-Speech Market and provides a predictive examination about its future scope of growth through 2023, factoring in the factors that will drive and restrain its course of development and the vital trends and regulations affecting numerous aspects of the market. The competitive landscape of the Global market has also been defined in high detail.

Text-to-speech technology market are subjected to market challenges which may lead to restraint in the growth of the market. This kind of speech synthesis has been difficult with female and children voices. Text-to-speech technology has difficulty in pronouncing numerical, abbreviations, acronyms, and thus suffers from the problem of correct pronunciation. Increasing demand for handheld devices and rise in government spending for the education of differently abled persons are the main factors driving the demand for the text-to-speech technology.

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Global Text-to-Speech Market is expected to grow at a CAGR of +14% during the forecast period 2018-2023

Key players
Nuance Communication, Microsoft Corporation, Sensory, Amazon, Neospeech, Lumenvox, Acapela Group, Cereproc, ReadSpeaker, Speech Enabled Software Technologies (SESTEK), Ispeech, Textspeak, Nextup Technologies, Start-Up Ecosystem

The vital regions focused on within the report contain North America, Europe, Middle East & Africa, Asia-Pacific and Latin America. For each important region, the report reveals significant data, for example consumption ratios, revenue streams, production rates, market shares, and future anticipated trends.

North America dominated the market and is estimated to maintain its dominant position in the market during the forecast period. The market in the U.S. is anticipated to expand consistently due to the increasing trend of machine learning and rise in demand for text-to-speech technology in the country

The exploration report assesses the Global Text-to-Speech Market in a comprehensive way by clarifying the prime attributes of the market that is relied upon to affect its dynamic situations over the anticipated period. The major development drivers, confinements, and tendencies impacting the worldwide market are investigated. The report additionally introduces an exhaustive subjective and quantitative information identifying with the anticipated effect of these variables on market's future development projections.

The research report also examines the market hierarchy carrying out a SWOT examination of the vital players operating on the global Text-to-Speech Market in order to deliver an complete picture of the competitive landscape in the industry and help the members to come up with market winning plans to improve an edge over their peers.

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Table of Contents:

Global Text-to-Speech Market Research Report 2018-2023

Chapter 1: Text-to-Speech Market Overview   

Chapter 2: Global Economic Impact on Industry   

Chapter 3: Global Market Competition by Manufacturers 

Chapter 4: Global Production, Revenue (Value) by Region

Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions 

Chapter 6: Global Production, Revenue (Value), Price Trend by Type   

Chapter 7: Text-to-Speech Market Analysis by Application   

Chapter 8: Manufacturing Cost Analysis   

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers   

Chapter 10: Marketing Strategy Analysis, Distributors/Traders 

Chapter 11: Market Effect Factors Analysis   

Chapter 12: Global Text-to-Speech Market Forecast

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