Press release
Global Text to Speech Market Size, Growth Analysis Report, Forecast to 2021-2027
The global text to speech market is anticipated to grow at a considerable CAGR of 15.2% during the forecast period. Significant raise in the funding for text to speech technology providing start-ups to unleash the full potential of this technology in betterment of human life is a key factor driving the growth of the global text to speech market. Vitra.ai, Synthesia, and Gabb among others are the key start-ups that have raised funding for the development of their text to speech service. For instance, in April 2021, Vitra.ai has raised undisclosed amount of fund (ranging between $150,000-$1 million) from Inflexor Ventures, a deep-tech VC as a part of its DeepTech Fellowship Programme with Venture Capital firm 100X.VC.(Get 15% Discount on Buying this Report)
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In April 2021, AI video generation provider Synthesia had raised $12.5m in Series A funding. The Series A round was led by New York-based FirstMark Capital, an early-stage VC firm with investments in companies such as Riot Games, Airbnb, and Shopify. The raised amount will be used by the company to focus on enterprise user growth and product development. In the same month, Kids' cellphone startup Gabb had raised $14 million in new funding and counts former BYU and current New Orleans Saints football star Taysom Hill among its new investors. With this funding, the company aims to provide kids a safe first phone with no internet, social media or games that protects them against "internet dangers, inappropriate content and screen-time addiction."
A Full Report of Global Text to Speech Market is Available at: https://www.omrglobal.com/industry-reports/text-to-speech-market
Global Text to Speech Market Report Segment
By Type
Solution
Service
By End-User Vertical
Automotive & Transportation
Enterprise
Consumer Electronics
Healthcare
BFSI
Education
Retail
Others (Entertainment & Government)
Global Text to Speech Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/text-to-speech-market
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.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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