The global Text to Speech AI Model market size was valued at US$ 5663 million in 2024 and is forecast to a readjusted size of USD 13550 million by 2031 with a CAGR of 14.9% during review period.
Text-to-Speech (TTS) AI model refers machine learning-based system that converts written text into natural-sounding speech. These models use deep learning, natural language processing (NLP), and voice synthesis techniques to generate human-like voices in multiple languages and accents. Modern TTS AI models leverage neural networks to improve prosody, tone, and emotion, making them highly realistic.
This report is a detailed and comprehensive analysis for global Text to Speech AI Model market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Text to Speech AI Model market size and forecasts, in consumption value ($ Million), 2020-2031
Global Text to Speech AI Model market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Text to Speech AI Model market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Text to Speech AI Model market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Text to Speech AI Model
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Text to Speech AI Model market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ElevenLabs, Deepgram, WellSaid Labs, OpenAI, Lovo AI, Speechify, Murf, PlayHT, Amazon Polly, Google Text-to-Speech AI, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Text to Speech AI Model market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cloud-Based
On-Premise
Embedded
Market segment by Application
Voice Assistants and Chatbots
Audiobooks and E-Learning
Customer Service
Content Creation & Dubbing
Navigation and Automotive
Others
Market segment by players, this report covers
ElevenLabs
Deepgram
WellSaid Labs
OpenAI
Lovo AI
Speechify
Murf
PlayHT
Amazon Polly
Google Text-to-Speech AI
Microsoft Azure TTS AI
Ali AI
Tencent Zhiying
Hefei Kexun Chuangxiang Software Development Co
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Text to Speech AI Model product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Text to Speech AI Model, with revenue, gross margin, and global market share of Text to Speech AI Model from 2020 to 2025.
Chapter 3, the Text to Speech AI Model competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Text to Speech AI Model market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Text to Speech AI Model.
Chapter 13, to describe Text to Speech AI Model research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Text to Speech AI Model by Type
1.3.1 Overview: Global Text to Speech AI Model Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Text to Speech AI Model Consumption Value Market Share by Type in 2024
1.3.3 Cloud-Based
1.3.4 On-Premise
1.3.5 Embedded
1.4 Global Text to Speech AI Model Market by Application
1.4.1 Overview: Global Text to Speech AI Model Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Voice Assistants and Chatbots
1.4.3 Audiobooks and E-Learning
1.4.4 Customer Service
1.4.5 Content Creation & Dubbing
1.4.6 Navigation and Automotive
1.4.7 Others
1.5 Global Text to Speech AI Model Market Size & Forecast
1.6 Global Text to Speech AI Model Market Size and Forecast by Region
1.6.1 Global Text to Speech AI Model Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Text to Speech AI Model Market Size by Region, (2020-2031)
1.6.3 North America Text to Speech AI Model Market Size and Prospect (2020-2031)
1.6.4 Europe Text to Speech AI Model Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Text to Speech AI Model Market Size and Prospect (2020-2031)
1.6.6 South America Text to Speech AI Model Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Text to Speech AI Model Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 ElevenLabs
2.1.1 ElevenLabs Details
2.1.2 ElevenLabs Major Business
2.1.3 ElevenLabs Text to Speech AI Model Product and Solutions
2.1.4 ElevenLabs Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 ElevenLabs Recent Developments and Future Plans
2.2 Deepgram
2.2.1 Deepgram Details
2.2.2 Deepgram Major Business
2.2.3 Deepgram Text to Speech AI Model Product and Solutions
2.2.4 Deepgram Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Deepgram Recent Developments and Future Plans
2.3 WellSaid Labs
2.3.1 WellSaid Labs Details
2.3.2 WellSaid Labs Major Business
2.3.3 WellSaid Labs Text to Speech AI Model Product and Solutions
2.3.4 WellSaid Labs Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 WellSaid Labs Recent Developments and Future Plans
2.4 OpenAI
2.4.1 OpenAI Details
2.4.2 OpenAI Major Business
2.4.3 OpenAI Text to Speech AI Model Product and Solutions
2.4.4 OpenAI Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 OpenAI Recent Developments and Future Plans
2.5 Lovo AI
2.5.1 Lovo AI Details
2.5.2 Lovo AI Major Business
2.5.3 Lovo AI Text to Speech AI Model Product and Solutions
2.5.4 Lovo AI Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Lovo AI Recent Developments and Future Plans
2.6 Speechify
2.6.1 Speechify Details
2.6.2 Speechify Major Business
2.6.3 Speechify Text to Speech AI Model Product and Solutions
2.6.4 Speechify Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Speechify Recent Developments and Future Plans
2.7 Murf
2.7.1 Murf Details
2.7.2 Murf Major Business
2.7.3 Murf Text to Speech AI Model Product and Solutions
2.7.4 Murf Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Murf Recent Developments and Future Plans
2.8 PlayHT
2.8.1 PlayHT Details
2.8.2 PlayHT Major Business
2.8.3 PlayHT Text to Speech AI Model Product and Solutions
2.8.4 PlayHT Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 PlayHT Recent Developments and Future Plans
2.9 Amazon Polly
2.9.1 Amazon Polly Details
2.9.2 Amazon Polly Major Business
2.9.3 Amazon Polly Text to Speech AI Model Product and Solutions
2.9.4 Amazon Polly Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Amazon Polly Recent Developments and Future Plans
2.10 Google Text-to-Speech AI
2.10.1 Google Text-to-Speech AI Details
2.10.2 Google Text-to-Speech AI Major Business
2.10.3 Google Text-to-Speech AI Text to Speech AI Model Product and Solutions
2.10.4 Google Text-to-Speech AI Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Google Text-to-Speech AI Recent Developments and Future Plans
2.11 Microsoft Azure TTS AI
2.11.1 Microsoft Azure TTS AI Details
2.11.2 Microsoft Azure TTS AI Major Business
2.11.3 Microsoft Azure TTS AI Text to Speech AI Model Product and Solutions
2.11.4 Microsoft Azure TTS AI Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Microsoft Azure TTS AI Recent Developments and Future Plans
2.12 Ali AI
2.12.1 Ali AI Details
2.12.2 Ali AI Major Business
2.12.3 Ali AI Text to Speech AI Model Product and Solutions
2.12.4 Ali AI Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Ali AI Recent Developments and Future Plans
2.13 Tencent Zhiying
2.13.1 Tencent Zhiying Details
2.13.2 Tencent Zhiying Major Business
2.13.3 Tencent Zhiying Text to Speech AI Model Product and Solutions
2.13.4 Tencent Zhiying Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Tencent Zhiying Recent Developments and Future Plans
2.14 Hefei Kexun Chuangxiang Software Development Co
2.14.1 Hefei Kexun Chuangxiang Software Development Co Details
2.14.2 Hefei Kexun Chuangxiang Software Development Co Major Business
2.14.3 Hefei Kexun Chuangxiang Software Development Co Text to Speech AI Model Product and Solutions
2.14.4 Hefei Kexun Chuangxiang Software Development Co Text to Speech AI Model Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Hefei Kexun Chuangxiang Software Development Co Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Text to Speech AI Model Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Text to Speech AI Model by Company Revenue
3.2.2 Top 3 Text to Speech AI Model Players Market Share in 2024
3.2.3 Top 6 Text to Speech AI Model Players Market Share in 2024
3.3 Text to Speech AI Model Market: Overall Company Footprint Analysis
3.3.1 Text to Speech AI Model Market: Region Footprint
3.3.2 Text to Speech AI Model Market: Company Product Type Footprint
3.3.3 Text to Speech AI Model Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Text to Speech AI Model Consumption Value and Market Share by Type (2020-2025)
4.2 Global Text to Speech AI Model Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Text to Speech AI Model Consumption Value Market Share by Application (2020-2025)
5.2 Global Text to Speech AI Model Market Forecast by Application (2026-2031)
6 North America
6.1 North America Text to Speech AI Model Consumption Value by Type (2020-2031)
6.2 North America Text to Speech AI Model Market Size by Application (2020-2031)
6.3 North America Text to Speech AI Model Market Size by Country
6.3.1 North America Text to Speech AI Model Consumption Value by Country (2020-2031)
6.3.2 United States Text to Speech AI Model Market Size and Forecast (2020-2031)
6.3.3 Canada Text to Speech AI Model Market Size and Forecast (2020-2031)
6.3.4 Mexico Text to Speech AI Model Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Text to Speech AI Model Consumption Value by Type (2020-2031)
7.2 Europe Text to Speech AI Model Consumption Value by Application (2020-2031)
7.3 Europe Text to Speech AI Model Market Size by Country
7.3.1 Europe Text to Speech AI Model Consumption Value by Country (2020-2031)
7.3.2 Germany Text to Speech AI Model Market Size and Forecast (2020-2031)
7.3.3 France Text to Speech AI Model Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Text to Speech AI Model Market Size and Forecast (2020-2031)
7.3.5 Russia Text to Speech AI Model Market Size and Forecast (2020-2031)
7.3.6 Italy Text to Speech AI Model Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Text to Speech AI Model Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Text to Speech AI Model Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Text to Speech AI Model Market Size by Region
8.3.1 Asia-Pacific Text to Speech AI Model Consumption Value by Region (2020-2031)
8.3.2 China Text to Speech AI Model Market Size and Forecast (2020-2031)
8.3.3 Japan Text to Speech AI Model Market Size and Forecast (2020-2031)
8.3.4 South Korea Text to Speech AI Model Market Size and Forecast (2020-2031)
8.3.5 India Text to Speech AI Model Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Text to Speech AI Model Market Size and Forecast (2020-2031)
8.3.7 Australia Text to Speech AI Model Market Size and Forecast (2020-2031)
9 South America
9.1 South America Text to Speech AI Model Consumption Value by Type (2020-2031)
9.2 South America Text to Speech AI Model Consumption Value by Application (2020-2031)
9.3 South America Text to Speech AI Model Market Size by Country
9.3.1 South America Text to Speech AI Model Consumption Value by Country (2020-2031)
9.3.2 Brazil Text to Speech AI Model Market Size and Forecast (2020-2031)
9.3.3 Argentina Text to Speech AI Model Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Text to Speech AI Model Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Text to Speech AI Model Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Text to Speech AI Model Market Size by Country
10.3.1 Middle East & Africa Text to Speech AI Model Consumption Value by Country (2020-2031)
10.3.2 Turkey Text to Speech AI Model Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Text to Speech AI Model Market Size and Forecast (2020-2031)
10.3.4 UAE Text to Speech AI Model Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Text to Speech AI Model Market Drivers
11.2 Text to Speech AI Model Market Restraints
11.3 Text to Speech AI Model Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Text to Speech AI Model Industry Chain
12.2 Text to Speech AI Model Upstream Analysis
12.3 Text to Speech AI Model Midstream Analysis
12.4 Text to Speech AI Model Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
ElevenLabs
Deepgram
WellSaid Labs
OpenAI
Lovo AI
Speechify
Murf
PlayHT
Amazon Polly
Google Text-to-Speech AI
Microsoft Azure TTS AI
Ali AI
Tencent Zhiying
Hefei Kexun Chuangxiang Software Development Co
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*If Applicable.