Speech and Voice Recognition Technologies Market Size, Share, Trends, Growth Report 2032

Speech and Voice Recognition Technologies Market

Speech and Voice Recognition Technologies Market by Technology (Speaker Identification, Speaker Verification, Speech Recognition, Automatic Speech Recognition, Text to Speech, and Others), by Application (Automotive, Consumer electronics, BFSI, Government, Retail, Healthcare, Military, Legal, Education, and Other Applications), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast 2024-2032

Category: Technology & Media Report Format : PDF Pages: 201 Report Code: ZMR-3287 Published Date: Apr-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 20.33 Billion USD 71.95 Billion 15.2% 2023

 

Speech and Voice Recognition Technologies Market

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Speech and Voice Recognition Technologies Market, 2015 - 2024, (USD Billion)
    • 2.2. Speech and Voice Recognition Technologies Market: Market Snapshot
  •  
  • Chapter 3. Global Speech and voice recognition technologies market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industrial Ecosystem Analysis
    • 3.3. Technology Landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Rising demand for voice-based biometric
      • 3.4.3. Asia Pacific
      • 3.4.4. Boosting consumer electronics in emerging countries like India and China
      • 3.4.5. Europe
      • 3.4.6. Latin America
      • 3.4.7. Middle East & Africa
    • 3.5. Market Restraints
      • 3.5.1. Lack of accuracy in speech and voice recognition systems in noisy and harsh Working Environments
    • 3.6. Opportunities
      • 3.6.1. Development and growing acceptance of new technology
    • 3.7. Innovation and Sustainability
    • 3.8. Regulatory Landscape
      • 3.8.1. U.S.
      • 3.8.2. Europe
      • 3.8.3. China
    • 3.9. Porter's Five Forces Analysis
      • 3.9.1. Bargaining Power of Suppliers
      • 3.9.2. Bargaining Power of Buyers
      • 3.9.3. Threat From New Entrants
      • 3.9.4. Threat From New Substitutes
      • 3.9.5. Degree of Competition
    • 3.10. PESTLE Analysis
    • 3.11. Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis, by Technology Segment
      • 3.11.2. Market Attractiveness Analysis, by Application Segment
      • 3.11.3. Market Attractiveness Analysis, by Regional Segment
  •  
  • Chapter 4. Global Speech and voice recognition technologies market - Competitive Landscape
    • 4.1. Company market share analysis, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Speech and voice recognition technologies market-Technology Segment Analysis
    • 5.1. Global Speech and Voice Recognition Technologies Market Revenue Share, by Technology 2017 & 2024
    • 5.2. Global Speech and Voice Recognition Technologies Market for Voice Recognition, 2015-2024 (USD Billion)
    • 5.3. Global Speech and Voice Recognition Technologies Market for Speech Recognition, 2015-2024 (USD Billion)
  •  
  • Chapter 6. Global Speech and voice recognition technologies market-Application Segment Analysis
    • 6.1. Global Speech and Voice Recognition Technologies Market Revenue Share, by Application 2017 & 2024
    • 6.2. Global Speech and Voice Recognition Technologies Market for BFSI, 2015-2024 (USD Billion)
    • 6.3. Global Speech and Voice Recognition Technologies Market for Automotive, 2015-2024 (USD Billion)
    • 6.4. Global Speech and Voice Recognition Technologies Market for Education, 2015-2024 (USD Billion)
    • 6.5. Global Speech and Voice Recognition Technologies Market for Consumer electronics, 2015- 2024 (USD Billion)
    • 6.6. Global Speech and Voice Recognition Technologies Market for Healthcare, 2015- 2024 (USD Billion)
    • 6.7. Global Speech and Voice Recognition Technologies Market for Government, 2015- 2024 (USD Billion)
    • 6.8. Global Speech and Voice Recognition Technologies Market for Retail, 2015- 2024 (USD Billion)
    • 6.9. Global Speech and Voice Recognition Technologies Market for Military, 2015- 2024 (USD Billion)
    • 6.10. Global Speech and Voice Recognition Technologies Market for Legal, 2015- 2024 (USD Billion)
    • 6.11. Global Speech and Voice Recognition Technologies Market for others, 2015- 2024 (USD Billion)
  •  
  • Chapter 7. Global Speech and voice recognition technologies market- Regional Analysis
    • 7.1. Global Speech and Voice Recognition Technologies Market: Regional overview
      • 7.1.1. Global Speech and Voice Recognition Technologies Market Revenue Share, by Region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
      • 7.2.2. North America speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.2.3.2. U.S. Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
      • 7.3.2. Europe Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.3.3. U.K.
        • 7.3.3.1. U.K. Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.3.3.2. U.K. Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.3.4. France
        • 7.3.4.1. France Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.3.4.2. France Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.3.5. Germany
        • 7.3.5.1. Germany Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.3.5.2. Germany Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
    •  
    • 7.4. Asia Pacific
      • 7.4.1. Asia-Pacific Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
      • 7.4.2. Asia-Pacific Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.4.3. China
        • 7.4.3.1. China Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.4.3.2. China Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.4.4.2. Japan Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.4.5. India
        • 7.4.5.1. India Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024USD Billion)
        • 7.4.5.2. India Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
      • 7.5.2. Latin America Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
        • 7.5.3.2. Brazil Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015- 2024 (USD Billion)
      • 7.6.2. Middle East & Africa Speech and Voice Recognition Technologies Market Revenue, by Application, 2015- 2024 (USD Billion)
  •  
  • Chapter 8. Company Profiles
    • 8.1. Microsoft Corporation
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Alphabet Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Acapela Group SA
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Inc Iflytek Co.,
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Nuance Communications, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent development
    • 8.6. Read Speaker Holding B.V.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Cantab Research Limited
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Pareteum Corporation
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. VoiceBox Technologies Corp.,
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. LumenVox
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Table Of Figures

List of Figures 

1. Global Speech and Voice Recognition Technologies Market Segmentation by Application and Geography
2. Global Speech and Voice Recognition Technologies Market, 2015 - 2024 (USD Billion)
3. Porter’s five forces analysis: Speech and Voice Recognition Technologies Market 
4. Global Speech and Voice Recognition Technologies Market Attractiveness, by Technology
5. Global Speech and Voice Recognition Technologies Market Attractiveness, by Application 
6. Global Speech and Voice Recognition Technologies Market Attractiveness, by Region
7. Global Speech and Voice Recognition Technologies Market Revenue Share, by Technology 2017 & 2024
8. Global Speech and Voice Recognition Technologies Market for Voice Recognition, 2015-2024 (USD Billion)
9. Global Speech and Voice Recognition Technologies Market for Speech Recognition, 2015-2024 (USD Billion)
10. Global Speech and Voice Recognition Technologies Market Revenue Share, by Application 2017 & 2024
11. Global Speech and Voice Recognition Technologies Market for Automotive, 2015-2024 (USD Billion)
12. Global Speech and Voice Recognition Technologies Market for Consumer electronics, 2015-2024 (USD Billion)
13. Global Speech and Voice Recognition Technologies Market for BFSI, 2015-2024 (USD Billion)
14. Global Speech and Voice Recognition Technologies Market for Others,2015– 2024 (USD Billion)
15.  Global Speech and Voice Recognition Technologies Market Revenue Share, by Region, 2017 & 2024
16.  North America Speech and Voice Recognition Technologies Market, 2015 - 2024, (USD Billion)
17.  Europe Speech and Voice Recognition Technologies Market, 2015 - 2024, (USD Billion)
18. Asia Pacific Speech and Voice Recognition Technologies Market, 2017- 2024 (USD Billion)
19.   Latin America Speech and Voice Recognition Technologies Market, 2015-2024 (USD Billion)
20.  Middle East & Africa Speech and Voice Recognition Technologies Market, 2015 – 2024, (USD Billion)


Table Of Tables

List of Tables

1. Global Speech and Voice Recognition Technologies Market Snapshot
2. Drivers for Speech and Voice Recognition Technologies Market : Impact Analysis
3. Restraints of Speech and Voice Recognition Technologies market : Impact Analysis
4. North America Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
5. North America Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
6. U.S. Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
7. U.S. Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
8. Europe Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
9. Europe Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
10. U.K. Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
11. U.K. Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
12. France Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
13. France Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
14. Germany Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
15. Germany Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
16. Asia-Pacific Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
17. Asia-Pacific Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
18. China Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
19. China Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
20. Japan Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
21. Japan Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
22. India Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
23. India Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
24. Latin America Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
25. Latin America Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
26. Brazil Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
27. Brazil Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)
28. Middle East & Africa Speech and Voice Recognition Technologies Market Revenue, by Technology, 2015– 2024 (USD Billion)
29. Middle East & Africa Speech and Voice Recognition Technologies Market Revenue, by Application, 2015– 2024 (USD Billion)

Methodology

FrequentlyAsked Questions

Speech and voice recognition is the process wherein a machine or an inbuilt program receives, interprets, as well as understands the dictation and carries out the spoken command by converting them to a machine-readable format. 

According to study, the global Speech and Voice Recognition Technologies Market size was worth around USD 20.33 billion in 2023 and is predicted to grow to around USD 71.95 billion by 2032.

The CAGR value of Speech and Voice Recognition Technologies Market is expected to be around 15.2% during 2024-2032.

Asia Pacific has been leading the global Speech and Voice Recognition Technologies Market and is anticipated to continue on the dominant position in the years to come.

The global Speech and Voice Recognition Technologies Market is led by players like Microsoft Corporation, Alphabet Inc., Acapela Group SA, Sensory Inc., Read Speaker Holding B.V., Iflytek Co. Ltd., Nuance Communications Inc., Cantab Research Limited, Pareteum Corporation, VoiceBox Technologies Corp., LumenVox LLC, VoiceVault Inc., and among others.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

twitter

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed