Global Text to Speech AI Model Market Growth (Status and Outlook) 2025-2031

The global Text to Speech AI Model market size is predicted to grow from US$ 5599 million in 2025 to US$ 13520 million in 2031; it is expected to grow at a CAGR of 15.8% from 2025 to 2031.

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.

United States market for Text to Speech AI Model is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Text to Speech AI Model is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Text to Speech AI Model is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Text to Speech AI Model players cover ElevenLabs, Deepgram, WellSaid Labs, OpenAI, Lovo AI, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Text to Speech AI Model Industry Forecast” looks at past sales and reviews total world Text to Speech AI Model sales in 2024, providing a comprehensive analysis by region and market sector of projected Text to Speech AI Model sales for 2025 through 2031. With Text to Speech AI Model sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Text to Speech AI Model industry.

This Insight Report provides a comprehensive analysis of the global Text to Speech AI Model landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Text to Speech AI Model portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Text to Speech AI Model market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Text to Speech AI Model and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Text to Speech AI Model.

This report presents a comprehensive overview, market shares, and growth opportunities of Text to Speech AI Model market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cloud-Based
On-Premise
Embedded

Segmentation by Application:
Voice Assistants and Chatbots
Audiobooks and E-Learning
Customer Service
Content Creation & Dubbing
Navigation and Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.