AI Speech Recognition Market, Global Outlook and Forecast 2023-2030
AI Speech Recognition is a conversational AI tool that uses voice commands to receive and interpret directives. With this technology, devices can interact and respond to human questions in natural language
This report aims to provide a comprehensive presentation of the global market for AI Speech 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 AI Speech Recognition. This report contains market size and forecasts of AI Speech Recognition in global, including the following market information:
Global AI Speech Recognition Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global AI Speech Recognition market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % 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.
Automatic Speech Recognition Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of AI Speech Recognition include Amazon. Com, Inc., Baidu, Inc., Google Inc. (Alphabet Inc.), IBM Corporation., IFLYTEK Inc., Microsoft Corporation, Nuance Communications, Inc., Raytheon Company and Sensory Inc., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the AI Speech 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 AI Speech Recognition Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global AI Speech Recognition Market Segment Percentages, by Type, 2022 (%)
Automatic Speech Recognition
Text to Speech
Global AI Speech Recognition Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global AI Speech Recognition Market Segment Percentages, by Application, 2022 (%)
Automotive
Consumer
BFSI
Government
Retail
Healthcare
Education
Others
Global AI Speech Recognition Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global AI Speech 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 AI Speech Recognition revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies AI Speech Recognition revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Amazon. Com, Inc.
Baidu, Inc.
Google Inc. (Alphabet Inc.)
IBM Corporation.
IFLYTEK Inc.
Microsoft Corporation
Nuance Communications, Inc.
Raytheon Company
Sensory Inc.
speak2web
Outline of Major Chapters:
Chapter 1: Introduces the definition of AI Speech Recognition, market overview.
Chapter 2: Global AI Speech Recognition market size in revenue.
Chapter 3: Detailed analysis of AI Speech 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 AI Speech 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.
