Text to Speech Statistics 2024 – Everything You Need to Know

Are you looking to add Text to Speech to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Text to Speech statistics of 2024.

My team and I scanned the entire web and collected all the most useful Text to Speech stats on this page. You don’t need to check any other resource on the web for any Text to Speech statistics. All are here only 🙂

How much of an impact will Text to Speech have on your day-to-day? or the day-to-day of your business? Should you invest in Text to Speech? We will answer all your Text to Speech related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Text to Speech Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 29 Text to Speech Statistics on this page 🙂

Text to Speech Market Statistics

  • The textto speech market was valued at USD 2.0 billion in 2020 and is estimated to reach USD 5.0 billion by 2026, registering a CAGR of 14.6% during the forecast period. [0]

Text to Speech Latest Statistics

  • In 2021, more than 20 percent of individuals from western countries indicated using digital voice assistantsseveral times a day. [1]
  • 80% of fortune 2000 companies rely on our research to identify new revenue sources. [0]
  • Random effects models yielded an average weighted effect size of ( = .35, with a 95% confidence interval (CI). [2]
  • To ensure coding accuracy a second rater coded 20% of the studies. [2]
  • We also estimated the effects of potential publication bias using the trim and fill method as well as funnel plots. [2]
  • The results show that the use of textto speech tools has a significant impact on reading comprehension scores with =.35, 95% CI [.14, .56]. [2]
  • Accounting for these studies, the trim and fill analysis suggested that the effect size would be =.24, 95% CI [.02, .45], p=.03. [2]
  • The average weighted effect size for between subject studies alone was =.61, 95% CI [.39, .83],. [2]
  • For within subject studies, the average weighted effect size dropped to =.15, 95% CI [−.13, .43], p >05. [2]
  • ct siz was calculat irctly rom th inormation provi ; variancs wr stimat by th publish ct siz ; avrag o two masurs o raing comprhnsion. [2]
  • request.3Studies’ reports of grade level were inconsistent and we had to code it according to a few assumptions. [2]
  • If we had assumed the fixed effects model was correct, grade would have accounted for significant heterogeneity QM=883.06, p<.0 with a parameter estimate of B=−.06 95% CI[−.064. [2]
  • 3Studies’ reports of grade level were inconsistent and we had to code it according to a few assumptions. [2]
  • Current statistics show that 41% of adults use voice search at least once per day. [3]
  • Here are the top voice search statistics and trends to watch in 2021 that 27% of the online global population is using voice search on mobile.voice search is more mobile than ever. [3]
  • window.that 20% of searches on its apps. [3]
  • Opens in new window.almost 70% of these searcheswere done using natural or conversational language. [3]
  • In fact, Google’s speech recognition technology has a95% accuracy ratewhen the spoken language is English. [3]
  • Within the past year, 58% of consumers have found local businesses using voice search. [3]
  • Voice recognition from Google already has an accuracy of 95%, and Google is not the only tech company working on the perfection of voice recognition to capitalize on voice search. [3]
  • China’s with an accuracy rate of 98%. [3]
  • Their team predicts they will achieve 99% accuracy within three years. [3]
  • And not only is the number of voice search on the rise, but the users 82% of customers research products and services online before making a purchase. [3]
  • Logs of these suggestion requests are retained for two weeks, after which 2%% of the log data is randomly selected, anonymized, and retained in order to improve the suggestion feature. [4]
  • For a small portion of users on desktop versions of Chrome, and users on mobile versions of Chrome, the logging described in the previous paragraphs apply except that URLs are never included in the 2%% sampling of log data. [4]
  • For example, if we improve how page loading works in Chrome, we may try it out for 1%% of users to ensure that it doesn’t crash or run slower before launching to everyone. [4]
  • URL encode the argument to the parameter, for examplecustomer_id%3dmy_ID. [5]
  • KPMG uses Speech to Text to transcribe and catalog thousands of hours of calls, reducing compliance costs for its clients by as much as 80 percent. [6]

I know you want to use Text to Speech Software, thus we made this list of best Text to Speech Software. We also wrote about how to learn Text to Speech Software and how to install Text to Speech Software. Recently we wrote how to uninstall Text to Speech Software for newbie users. Don’t forgot to check latest Text to Speech statistics of 2024.

Reference


  1. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/text-to-speech-market-2434298.html.
  2. statista – https://www.statista.com/topics/6760/voice-technology/.
  3. nih – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5494021/.
  4. dbswebsite – https://www.dbswebsite.com/blog/trends-in-voice-search/.
  5. google – https://www.google.com/chrome/privacy/whitepaper.html.
  6. ibm – https://cloud.ibm.com/apidocs/text-to-speech.
  7. microsoft – https://azure.microsoft.com/en-us/services/cognitive-services/speech-to-text/.

How Useful is Text to Speech

One of the key benefits of text to speech is its accessibility. For individuals with visual impairments or reading difficulties, this technology provides a means of accessing written content that may have been previously inaccessible. By converting written text into audio, text to speech technology helps to level the playing field and ensure that everyone has equal access to information.

Furthermore, text to speech can be a valuable tool for those who lead busy lifestyles. In a world where multitasking is the norm, being able to listen to emails, articles, or documents while on the go can save valuable time and increase productivity. Whether you’re commuting to work, taking a jog, or doing household chores, text to speech allows you to consume information without having to stop what you’re doing.

Additionally, text to speech can be a game-changer for individuals seeking to improve their literacy skills. By hearing text being read aloud, learners can reinforce their understanding of pronunciation, intonation, and word recognition. This can be especially beneficial for language learners or individuals with learning disabilities, as it provides an alternative way of engaging with written language.

In the workplace, text to speech can also enhance collaboration and communication. By converting written documents or messages into speech, team members can more easily share information, provide feedback, and brainstorm ideas. This can streamline workflow, improve efficiency, and foster a more inclusive and accessible work environment.

Moreover, text to speech can be a valuable resource for individuals who struggle with traditional forms of reading. Whether due to dyslexia, ADHD, or other cognitive challenges, listening to text being read aloud can be a more effective and engaging way of processing information. This can lead to increased comprehension, retention, and overall understanding of complex topics.

Despite its many benefits, text to speech does have its limitations. The technology is not perfect and may sometimes misinterpret or mispronounce words, leading to inaccuracies in the spoken output. Additionally, the robotic nature of some text to speech voices can lack the nuances and emotion present in human speech, which may impact the overall listening experience.

In conclusion, text to speech is a powerful tool with a wide range of applications and benefits. From improving accessibility and productivity to enhancing literacy skills and communication, this technology has the potential to positively impact the lives of many individuals. While it may not be a perfect substitute for human speech, text to speech remains a valuable resource that continues to evolve and improve with advances in technology.

In Conclusion

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