Market Research Logo

Global Text-to-speech Education Technology Market 2016-2020

Global Text-to-speech Education Technology Market 2016-2020

About Text-To-Speech Education Technology

The access to education is gaining mass adoption, largely triggered by e-learning, it also brings into consideration the need to tailor teaching methods. This is essential to create achievable milestones that can meet the objective of providing education to all learners in an equitable manner. As a result, apart from investing in products and services to increase access to education, despite financial, time, and geographic constraints, there is a need to consider assistive technologies as well, to meet this objective. The below exhibit broadly explains the key elements involved in the execution of assistive technologies in educational institutions.

Technavio’s analysts forecast the global text-to-speech education technology market to grow at a CAGR of 8.63% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global text-to-speech education technology market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of text-to-speech software solutions and related services for a fee or license to educational institutions.The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Text-To-Speech Education Technology Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IVONA Software
  • NaturalReader
  • NextUp Technologies
Other prominent vendors
  • Claro Software
  • Texthelp
  • goQ Software
  • LumenVox
  • Kurzweil Education
  • ReadSpeaker
Market driver
  • Rise in enrollment of dyslexic students in educational institutions
  • For a full, detailed list, view our report
Market challenge
  • Slow adoption of the Internet in potential markets
  • For a full, detailed list, view our report
Market trend
  • Increase in government investments in education for differently abled people
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Text-To-Speech Education Technology Market 2016-2020.

Technavio recognizes the following companies as the key players in the global text-to-speech education technology market: IVONA Software, NaturalReader, NextUp Technologies.

Other prominent vendors in the market are: Claro Software, Texthelp, goQ Software, LumenVox, Kurzweil Education, and ReadSpeaker.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is increase in government investments in education for differently abled students. Improvements in the educational content provided through digital platforms have prompted increased investments from the government sector. This will help institutions with technologically advanced education system to provide quality education to students. Also, it will eventually benefit the nation as a whole, as students with quality education can contribute to the economic growth of the nation.”

According to the report, one of the primary drivers in the market is growth of m-learning. The increased adoption of mobile phone and tablets by students and faculty has led to the rise in m-learning methods. Vendors in developed countries such as the US and the UK adopt m-learning methods to provide users with real-time access to educational content when the requirement arises. With the increase in global smartphone shipments from 490 million units in 2011 to 1.43 billion units in 2015 many emerging geographies such as India, New Zealand, and the Middle East and Africa are amending their educational structure and policies to create a technology-driven learning environment.

Further, the report states that one major challenge in the market is threat from open-source platforms. Providers of text-to-speech solutions are experiencing increased competition from open resources for education, such as Pediaphon (funded by various non-profit organizations). These open-source platforms are gaining popularity due to the availability of text-to-speech software solutions free of cost or at a relatively lower price when compared with text-to-speech solution providers that charge fee or subscription. These open resources allow a unlimited number of users to use these platforms free of charge. Also, the speech software is offered for a range of subjects in different languages. A combination of various products from multiple open-source vendors can cover almost all functionalities provided by proprietary software providers. Also, since the software is freely available and can be used by any number of users, the popularity of this software has surged significantly.



Companies Mentioned

IVONA Software, NaturalReader, NextUp Technologies, Claro Software, Texthelp, goQ Software, LumenVox, Kurzweil Education, ReadSpeaker.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Countries covered for market analysis
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Execution of assistive technologies: Key elements
  • Market landscape
    • Table Global e-learning market 2015-2020 ($ billions)
  • Global text-tospeech education technology market
    • Market overview
      • Table Global text-to-speech education technology market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Table Global smartphone shipments 2011-2015 (billions of units)
    • Table Global m-education market 2015-2020 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Market segmentation by schools
    • Global text-to-speech education technology market by schools
      • Table Global text-to-speech education technology market by schools 2015
      • Table Global text-to-speech education technology market by schools 2020
      • Table Global text-to-speech education technology market by schools 2015-2020 ($ millions)
      • Table Global text-to-speech education technology market by schools 2015-2020
    • Global text-to-speech education technology market by schools for students with special needs
      • Table Global text-to-speech education technology market by schools for students with special needs 2015-2020 ($ millions)
    • Global text-to-speech education technology market by higher educational institutions
      • Table Global text-to-speech education technology market by higher educational institutions ($ millions)
    • Global text-to-speech education technology market by K-12 schools
      • Table Global text-to-speech education technology market by K-12 schools ($ millions)
  • Geographical segmentation
    • Global text-to-speech education technology market by geography
      • Table Global text-to-speech education technology market by geography 2015
      • Table Global text-to-speech education technology market by geography 2020
      • Table Global text-to-speech education technology market by geography 2015-2020 ($ millions)
      • Table Global text-to-speech education technology market by geography 2015-2020
    • Text-to-speech education technology market in Europe
      • Table Text-to-speech education technology market by Europe 2015-2020 ($ millions)
    • Text-to-speech education technology market in North America
      • Table Text-to-speech education technology market in North America 2015-2020 ($ millions)
    • Text-to-speech education technology market in APAC
      • Table Text-to-speech education technology market in APAC 2015-2020 ($ millions)
    • Text-to-speech education technology market by ROW
      • Table Text-to-speech education technology market in ROW 2015-2020 ($ millions)
  • Vendor landscape
    • Competitive scenario
    • Competitive benchmarking
      • Table Vendor analysis
      • Table Key vendors: Strategic initiatives overview
  • Key vendor analysis
    • IVONA Software
      • Table Product offerings
    • NaturalReader
    • NextUp Technologies
  • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report