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Deepgram vs ElevenLabs comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Deepgram
Ranking in Text-To-Speech Services
3rd
Average Rating
8.4
Reviews Sentiment
5.9
Number of Reviews
11
Ranking in other categories
Speech-To-Text Services (1st), AI Customer Support (10th), AI Sales & Marketing (9th), AI Scheduling & Coordination (3rd)
ElevenLabs
Ranking in Text-To-Speech Services
5th
Average Rating
8.0
Reviews Sentiment
6.4
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2026, in the Text-To-Speech Services category, the mindshare of Deepgram is 8.7%, down from 9.0% compared to the previous year. The mindshare of ElevenLabs is 11.5%, up from 8.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Text-To-Speech Services Mindshare Distribution
ProductMindshare (%)
Deepgram8.7%
ElevenLabs11.5%
Other79.8%
Text-To-Speech Services
 

Featured Reviews

Arunkumar HG - PeerSpot reviewer
Technology Architect & Hands-On Leader | Prototyping, Automation, AI/LLM Integration | 20+ Years in at Regalix
A Powerful, Adaptable, and Constantly Evolving STT Solution for Voice Automation
Honestly, Deepgram has been exceptionally proactive in addressing the primary area that needed improvement. My main challenge was with the real-time detection of when a user has finished speaking in a live conversation, which is critical for a responsive voice bot. They directly solved this by releasing their Flux model. Because Flux is a recent release, I haven't yet had enough time to thoroughly test it and identify new limitations. At this stage, any "improvement" would be more of a "nice-to-have" feature rather than a fix for an existing problem. The core service is already very robust and meets all of our current needs. What additional features should be included in the next release? ---------------------------------------------------------------- Looking toward the future, here are a few features that could add even more value to an already excellent platform: * Advanced Built-in Analytics: While I can get the raw transcript and build my own analytics pipeline, it would be powerful to have features like sentiment analysis, emotion detection, or automatic summarization offered directly through the API. This would save significant development time. * More Granular Speaker Diarization: For calls with multiple participants, enhancing the real-time speaker diarization (labeling who is speaking) to be even more precise would be a fantastic addition for creating detailed call analyses. * Tighter Integration with TTS: Since Deepgram is also expanding into Text-to-Speech (TTS), offering a more seamlessly integrated STT-to-TTS pipeline could simplify the development stack for creating voice agents from start to finish. * Specialized, Pre-Trained Industry Models: While the general models are highly accurate, offering even more specialized, pre-trained models for specific industries like finance, healthcare, or legal-which are heavy on specific jargon-could push the accuracy even higher for those niche use cases.
reviewer2868228 - PeerSpot reviewer
Conversational Ai Consultant at a tech vendor with 10,001+ employees
Building multilingual voice agents has expanded my global reach and supports diverse audiences
The user interface is pretty useful. It is amazing for technical people but also for non-technical users. I am a technical person, so I have the possibility to program using my JavaScript and Python knowledge. Furthermore, the setup in terms of agent by defining the knowledge base, by defining and uploading the different documents in terms of PDF files and Markdown files, is pretty useful. The overall workflow architecture is easy to use as well, which is why I love working with it. In terms of content creation, ElevenLabs is pretty useful because it works with 42 languages, if I am not mistaken. I have tried some niche languages such as Bulgarian, Romanian, and Serbian, and the text-to-speech works amazingly because there are different accents. As a fluent Bulgarian, I can judge it quite well. ElevenLabs' linguistics analysis is pretty useful when it comes to reaching a diverse audience. Different architectures and analysis features are available for use, and whenever I have the possibility to analyze the language, everything is there in terms of accuracy and when the code dropped. I would say it is pretty useful. The multiple language and accent features of ElevenLabs have improved my global audience a lot. I am now able to work with different countries, and every time when they come with a specific language or accent, ElevenLabs provides it. In comparison to Cognigy, ElevenLabs' text-to-speech features are way better and way more reliable toward the client. In case there are some hallucinations, I can restrict the LLM so it speaks confidently and accurately to the client, ensuring their use cases can be solved successfully.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The solution's Speech-to-Text conversion feature is really awesome."
"Deepgram is able to handle large volumes of audio data without compromising accuracy."
"The best features of Deepgram for me are the level of transcription accuracy it provides and the amount of time it saves."
"The best thing with Deepgram is they are continually evolving and doing a lot of market research, and they take feedback seriously."
"We have tracked a reduction of around 70% in the support cost and direct human interaction for support."
"Deepgram has significantly improved our transcription process in terms of speed and accuracy, allowing us to efficiently convert verbal feedback into text, enabling quicker analysis and implementation of new features."
"The speed of the solution for transcribing videos is good."
"The recognition of industry-specific terminology phrases and abbreviations is really important for us. We were able to get a good level of industry specificity with Deepgram."
"For organizations considering ElevenLabs, I would say to start as soon as possible because it is a pretty useful platform."
 

Cons

"The solution does not properly identify the number of speakers."
"When I had an AI interview for coding, Deepgram didn't capture the names of programming languages or well-known LLMs accurately all the time."
"In comparison to Deepgram, I would say that the transcript accuracy offered by other products is much higher."
"We've had issues in the past where it generates the transcript, and a lot of the text is duplicated."
"I would not recommend Deepgram to other users because it does not properly identify video communication."
"Even though Deepgram has many customization options, I wish that Deepgram had voice cloning customization to a much larger extent."
"The traditional Speech-to-Text doesn't understand when the user is done speaking in bot conversations."
"Deepgram has a vast UI and a vast range of models, but there could be a simpler version for creating AI agents rather than providing a full-fledged platform for minimal use cases."
"The workflow section, where I am building the bots, could use enhancements."
 

Pricing and Cost Advice

"When using Deepgram, one needs to pay for the hours or minutes for which the transcription is needed."
"The solution’s pricing is cheap."
"The pricing is moderate."
"Deepgram is a cheap solution."
Information not available
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Top Industries

By visitors reading reviews
Construction Company
10%
Educational Organization
9%
Financial Services Firm
8%
University
8%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business9
Midsize Enterprise1
Large Enterprise1
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Deepgram?
My experience with pricing, setup cost, and licensing is that pricing is seamless and customizable as needed. Currently, we use the growth plan. For enterprise, they offer a higher tier, so it is c...
What needs improvement with Deepgram?
Deepgram has a vast UI and a vast range of models, but there could be a simpler version for creating AI agents rather than providing a full-fledged platform for minimal use cases. It could be multi...
What is your primary use case for Deepgram?
My main use case for Deepgram is creating voice agents to automate the customer support part and reply to FAQs and customer queries. Deepgram has multiple models, speech to text and text to speech ...
What needs improvement with ElevenLabs?
The workflow section, where I am building the bots, could use enhancements. Although it is made pretty easy, as a developer, I often prefer to see more freedom. I prefer not to rely solely on prede...
What is your primary use case for ElevenLabs?
The main use cases for ElevenLabs include building voice agents and chat agents mainly within different industries, and the main structure that I'm using is basically defining a knowledge base and ...
What advice do you have for others considering ElevenLabs?
Everything is hosted within ElevenLabs platform itself, and I use different ones for each bot. For the last one, I have used GPT-5.4. I would rate the tech support of ElevenLabs a perfect ten out o...
 

Comparisons

 

Overview

Find out what your peers are saying about Amazon Web Services (AWS), Microsoft, Deepgram and others in Text-To-Speech Services. Updated: July 2026.
908,800 professionals have used our research since 2012.