PUBLISHER: The Business Research Company | PRODUCT CODE: 1713675
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713675
Speech synthesis large-scale integration (LSI) refers to the use of large-scale integration technologies to develop and deploy speech synthesis systems. It involves integrating electronic components and circuits into a single chip or a compact system that can generate human-like speech from text input. The goal of LSI in speech synthesis is to create more powerful, efficient, and compact systems that can deliver high-quality speech output in various electronic devices.
The main types of speech synthesis large-scale integration (LSI) include acoustic models, articulatory models, and natural speech models. Acoustic models in speech synthesis represent how sounds are produced by analyzing audio data and mapping it to text using algorithms to replicate the acoustic features of human speech. The technology types include text-to-speech (TTS), concatenative synthesis, formal synthesis, and neural networks for device types such as smartphones, tablets, smart speakers, smart televisions (TV), automotive infotainment systems, and medical devices. The applications include consumer electronics, automotive, healthcare, industrial, public safety, and education.
The speech synthesis large scale integration (LSI) market research report is one of a series of new reports from the business research company that provides speech synthesis large scale integration (LSI) market statistics, including speech synthesis large scale integration (LSI) industry global market size, regional shares, competitors with an speech synthesis large scale integration (LSI) market share, detailed speech synthesis large scale integration (LSI) market segments, market trends and opportunities, and any further data you may need to thrive in the speech synthesis large scale integration (LSI) industry. This speech synthesis large scale integration (LSI) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The speech synthesis large scale integration (LSI) market size has grown rapidly in recent years. It will grow from $3.01 billion in 2024 to $3.49 billion in 2025 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to advancements in AI and machine learning technologies, increased adoption of voice-activated applications and virtual assistants, growth in the demand for personalized user experiences, improvements in semiconductor technology and processing power, rising consumer preference for hands-free operations on mobile devices, and the expansion of the Internet of Things (IoT) ecosystem.
The speech synthesis large scale integration (LSI) market size is expected to see rapid growth in the next few years. It will grow to $6.34 billion in 2029 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to the increasing integration of voice synthesis in smart home devices, the growing use of speech synthesis in automotive infotainment systems, advances in neural network architectures and deep learning, rising demand for multilingual support and localization in global markets, innovations in low-power consumption, and high-efficiency speech processors that are expanding applications in the healthcare, education, and customer service industries. Major trends in the forecast period include enhanced natural language processing (NLP) capabilities, augmented reality (AR) and virtual reality (VR), the emergence of personalized and context-aware voice synthesis technologies, Integration of speech synthesis with advanced human-computer interaction (HCI) systems, increasing focus on improving speech synthesis for various accents and dialects, and development of more efficient and cost-effective speech synthesis hardware solutions.
The increasing demand for voice-enabled devices is expected to drive the growth of the speech synthesis large-scale integration (LSI) market in the future. Voice-enabled devices are electronic gadgets equipped with voice recognition technology, enabling users to interact using spoken commands. This demand is driven by advancements in natural language processing (NLP), improved accessibility, integration with smart home ecosystems, and enhanced productivity. Speech synthesis (LSI) technology is utilized in these devices to efficiently convert text into natural-sounding speech, improving user interaction through audible responses. For example, in December 2022, the Office of Communications (Ofcom), a UK-based government broadcasting and telecommunications authority, reported that the adoption of voice-enabled smart speakers in the UK rose from 22% in 2021 to 39% in 2022. Thus, the growing demand for voice-enabled devices is fueling the growth of the speech synthesis large-scale integration (LSI) market.
Major companies in the speech synthesis large-scale integration (LSI) market are focusing on developing advanced solutions such as AI Speech zero-shot text-to-speech (TTS) to enhance scalability, improve personalization, and minimize data requirements for high-quality voice synthesis. AI speech zero-shot TTS models use sophisticated algorithms to generate high-quality speech for new speakers with minimal data, enabling scalable and customized voice synthesis applications. For example, in November 2023, Microsoft Corporation, a US-based technology company, launched its updated Azure AI Speech service featuring the Personal Voice capability. This upgrade incorporates new zero-shot TTS models, including "DragonLatestNeural" and "PhoenixLatestNeural," to improve voice naturalness and accuracy. These models provide significant enhancements in prosody, fidelity, and voice resemblance, supporting 100 languages and catering to a wide range of use cases, from content generation to real-time applications. Advances in AI-driven speech synthesis now allow for the creation of highly personalized and realistic synthetic voices with minimal data.
In July 2024, Capacity, a US-based support automation platform provider, acquired CereProc for an undisclosed amount. This acquisition enhances Capacity's voice and contact center capabilities by integrating CereProc's advanced text-to-speech technology. This integration will enable more effective and scalable voice interactions across various platforms, improving customer and employee experiences through sophisticated voice solutions and automation. CereProc, a UK-based technology company, specializes in innovative speech synthesis systems and offers scalable, distinctive, and easily integrable synthetic voices for applications, web interfaces, and multimedia touchpoints.
Major companies operating in the speech synthesis large scale integration (LSI) market are Apple Inc., Google LLC, Microsoft Corporation, Amazon Web Services (AWS), Intel Corporation, International Business Machines Corporation, Qualcomm Incorporated, Infineon Technologies AG, ROHM Semiconductor, iFLYTEK, FueTrek Co. Ltd., Nuance Communications Inc., VocaliD, SpeechPro Limited, Uniphore, Mobvoi Information Technology Company Limited, Acapela Group, Loquendo, ReadSpeaker Holding AB, Sensory Inc., ElevenLabs, Linguatec, WellSaid Labs, CereProc Ltd., Cobalt Speech and Language, ModelTalker, Claro Software, LAPIS Technology
North America was the largest region in the speech synthesis large scale integration (LSI) in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the speech synthesis large scale integration (LSI) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the speech synthesis large scale integration (LSI) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The speech synthesis large-scale integration (LSI) market consists of revenues earned by entities by providing services such as speech synthesis software development, voice processing algorithms, custom LSI chip design, integration services, and technical support and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The speech synthesis large-scale integration (LSI) market also includes sales of speech synthesis chips, integrated circuits, and voice processing modules. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Speech Synthesis Large Scale Integration (LSI) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on speech synthesis large scale integration (lsi) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for speech synthesis large scale integration (lsi) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The speech synthesis large scale integration (lsi) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.