Speech and Voice Recognition Market, Global Outlook and Forecast 2023-2032
This report aims to provide a comprehensive presentation of the global market for Speech and Voice Recognition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Speech and Voice Recognition. This report contains market size and forecasts of Speech and Voice Recognition in global, including the following market information:
Global Speech and Voice Recognition Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Speech and Voice Recognition market was valued at US$ 7869.4 million in 2022 and is projected to reach US$ 15760 million by 2029, at a CAGR of 10.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Speech Recognition Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Speech and Voice Recognition include Nuance Communications, Microsoft Corporation, Alphabet, Cantab Research Limited, Sensory, ReadSpeaker Holding, Pareteum Corporation, Iflytek and VoiceVault, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Speech and Voice Recognition companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Speech and Voice Recognition Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Speech and Voice Recognition Market Segment Percentages, by Type, 2022 (%)
Speech Recognition
Voice Recognition
Global Speech and Voice Recognition Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Speech and Voice Recognition Market Segment Percentages, by Application, 2022 (%)
Automotive
Consumer
Banking
Financial Services and Insurance
Retail
Education
Healthcare & Government
Global Speech and Voice Recognition Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Speech and Voice Recognition Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Speech and Voice Recognition revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Speech and Voice Recognition revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nuance Communications
Microsoft Corporation
Alphabet
Cantab Research Limited
Sensory
ReadSpeaker Holding
Pareteum Corporation
Iflytek
VoiceVault
VoiceBox Technologies
LumenVox
Acapela Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Speech and Voice Recognition, market overview.
Chapter 2: Global Speech and Voice Recognition market size in revenue.
Chapter 3: Detailed analysis of Speech and Voice Recognition company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Speech and Voice Recognition in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
