Press release
Asia-Pacific Text to speech Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027
The Asia-Pacific text to speech market is anticipated to grow at a considerable CAGR of 17.0% during the forecast period (2021-2027). The factors that are augmenting the market growth include growing spending of emerging economies on the education of differently-abled students. The growing demand for portable handheld devices, along with the rising dependence of the growing elderly population on technology are some other factors that are promoting the adoption of this technology; thereby, driving the growth of the Asia-Pacific text to speech market.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/asia-pacific-text-to-speech-market
The Asia-Pacific text to speech market is segmented based on type and vertical. Based on type, the market is segmented into solution & service. Based on type, the text to speech services market is anticipated to hold a considerable share during the forecast period. Services play a key role in the functionality of text-to-speech software hence is anticipated to contribute to the high share of this market segment. Based on vertical, the market is segmented into automotive & transportation, enterprise, consumer electronics, healthcare, BFSI, education, retail, others (entertainment & government
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/asia-pacific-text-to-speech-market
The text to speech market is its initial phase of its lifecycle and has lot of growth opportunities in the near future. Amazon.Com, Inc., Apifonica, Cereproc Ltd., Charmtech Labs Llc, IBM Corp., Microsoft Corp., and Naturalsoft Ltd. among others are the key players operating in the Asia-Pacific text to speech market. These players are adopting different growth strategies such as investment in technological advancement, mergers & acquisition, partnership, and collaboration among others to expand their footprints in the Asia-Pacific marketplace. As this market is in its initial phase of development hence, many startups are raising funding for the development of this technology. For instance, in February 2021, Educational app developer ELSA (English Language Speech Assistant) has raised $15 million in the Series B funding round led by Vietnam Investments Group and SIG. ELSA uses automatic speech recognition and AI to teach users how to speak correctly pronounced English with ELSA English and Accent AI.
Market Segmentation
Asia-Pacific Text to Speech Market, By Type
• Solution
• Service
Asia-Pacific Text to Speech Market, By Vertical
• Automotive & Transportation
• Enterprise
• Consumer Electronics
• Healthcare
• BFSI
• Education
• Retail
• Others (Entertainment & Government)
Regional Analysis
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Company Profiles
• Acapela Group
• Amazon.Com, Inc.
• Apifonica
• Cereproc Ltd.
• Charmtech Labs Llc
• IBM Corp.
• Indian Text To Speech Pvt Ltd
• Nuance Communications Inc.
• Readspeaker Holding B.V.
• Sestek
• Textspeak Corp.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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Media Contact:
Company name: Orion Market Research
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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