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Report Overview
The global text-to-speech market size was valued at USD 4.25 Billion in 2025. The industry is expected to grow at a CAGR of 23.30% during the forecast period of 2026-2035 to reach a value of USD 34.52 Billion by 2035. The rising need for embedding high-quality neural voices in educational and accessibility platforms is broadening the usage of text-to-speech (TTS) solutions.
The widespread implementation of AI-driven voice technologies and the escalating desire for personalized, accessible content primarily fuel the global text-to-speech market. By integrating AI, TTS systems are capable of generating human-like voices that are not only natural but also aware of the context, which significantly increases user engagement in various fields like e-learning, customer support, and media.
In addition to that, development of strategic partnerships that integrate TTS features into digital learning and accessibility platforms on a continuous basis greatly increases the text-to-speech market reach and adoption of the product or service. Through these partnerships, educational institutions and enterprise platforms can embed high-quality, neural speech synthesis into their applications at the core, hence improving student engagement and inclusion while at the same time opening new commercial avenues. For instance, ReadSpeaker announced its collaboration with OneConnect in September 2025 to offer advanced TTS technology for African higher education, thus enabling voice-activated, scalable, and inclusive learning experiences through LMS and digital classrooms.
Besides that, the big cloud platforms are upgrading TTS integrations for developers. For instance, in September 2025, Google Cloud made available in General Availability (GA) its Gemini 2.5 Flash TTS and Gemini 2.5 Pro TTS models with more multi-speaker and style control features incorporated, thereby making them easy to use in the voice apps and educational tools.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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The market is impacted by the global shift towards inclusion, since text-to-speech is a helpful tool for those who are blind or have linguistic challenges.
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At least 2.20 billion people worldwide suffer from a vision impairment that impairs their ability to see near or far away, according to the World Health Organisation.
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The primary causes of distance vision impairment or blindness include diabetic retinopathy, cataracts, glaucoma, refractive error, and age-related macular degeneration.
Competitive Landscape
Major text-to-speech market players are concentrating more on the incorporation of AI solutions that boost operational efficiency, customer engagement, and workflow automation. When vendors create flexible platforms that can perform multi-step tasks and have natural interactions, they empower enterprises to design their AI experiences, streamline their operations, and deliver better services. Such measured moves on these fronts collectively set the pace for the use of smart technologies in different sectors, thus having a positive impact on the market growth figure.
Some of the leading text-to-speech companies are creating the opportunities for the companies by way of strategic partnerships, platform expansions, and technology enhancements, which, in fact, help the companies to double their offerings and influence. Initiatives such as the upgrade of AI features, the support for low-code deployment, and the incorporation of state-of-art automation architectures facilitate the delivery of AI solutions that are quicker, scalable, and more trustworthy. These user-centric, innovative, and partnership-driven approaches not only result in an improved user experience but also lead to a broader market adoption, thus supporting the text-to-speech market growth trajectory.
Key Players
IBM Corporation
IBM Corporation, originally established in 1911 and currently based in Armonk, New York, is a worldwide pioneer in enterprise technology and consulting. The company focuses on cloud computing, AI solutions, and enterprise services, thus assisting the organizations to optimize their business operations and achieve innovation.
Microsoft Corporation
Established in 1975 and having its headquarters in Redmond, Washington, Microsoft Corporation develops software, cloud services, and AI solutions both for the businesses and consumers. Their platforms and technologies give the organizations the means to increase productivity, become digitally transformed, and work in a collaborative way without any barriers.
Google, LLC
Google, LLC, a company established in 1998 and based in Mountain View, California, is a technology behemoth most recognizable for its search engine, cloud computing, and AI, powered products. Its focus is on inventions that lead to better data access, increased automation, and smart solutions for both enterprises and individual users.
Amazon Web Services, Inc.
Amazon Web Services, Inc. which was established in 2006 and has its main office in Seattle, Washington, offers scalable cloud computing, storage, and AI solutions. It supports the businesses in rolling out secure, highly efficient applications and at the same time driving the digital transformation of different industries.
Other players in the market include Acapela Group, CereProc Ltd, iFLYTEK Co., Ltd., Sensory Inc., ReadSpeaker B.V., among others.
Text-to-Speech Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the global text-to-speech market reached an approximate value of USD 4.25 Billion.
The market is projected to grow at a CAGR of 23.30% between 2026 and 2035.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach about USD 34.52 Billion by 2035.
Text-to-speech (TTS) is an assistive technology that converts digital text into audio. It is also called read-aloud technology.
The major benefits of the technology include improved customer satisfaction, and personalised communication based on user preference for voice and language.
Key strategies driving the market include continuous product innovation, integration of advanced AI and neural technologies, strategic partnerships, mergers and acquisitions, and expansion into emerging regional markets.
The key trends supporting the market growth are the rising demand for voice technology, the increasing use of TTS in the end-use sectors, and technological advancements and innovations.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major end uses of text-to-speech are banking, financial services and insurance (BFSI), travel and tourism, IT and telecom, education, retail and consumer goods, automotive and transportation, and media and entertainment, among others.
The key players in the market include IBM Corporation, Microsoft Corporation, Google, LLC, Amazon Web Services, Inc., Acapela Group, CereProc Ltd, iFLYTEK Co., Ltd., Sensory Inc., ReadSpeaker B.V., among others.
The major challenges that the global text-to-speech market players face include high development costs, data privacy concerns, language and accent limitations, and intense competition from both established and emerging vendors.
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