The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Speech & Voice Recognition-Global Market Insights and Sales Trends 2025
Synopsis
Speech recognition technology is a high technology that enables machines to transform speech signals into corresponding text or commands through the recognition and understanding process.
The global Speech & Voice Recognition market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Speech & Voice Recognition in various end use industries. The expanding demands from the Government, Retail, Medical and Military, are propelling Speech & Voice Recognition market. Speech Recognition, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Voice Recognition segment is estimated at % CAGR for the next seven-year period.
Speech recognition technology expected to hold largest share of market during forecast period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Speech & Voice Recognition, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Speech & Voice Recognition market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Speech & Voice Recognition market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Speech & Voice Recognition sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Speech & Voice Recognition covered in this report include NUANCE COMMUNICATIONS, MICROSOFT, ALPHABET, SENSORY, CANTAB RESEARCH, READSPEAKER HOLDING, PARETEUM, IFLYTEK and VOICEVAULT, etc.
The global Speech & Voice Recognition market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NUANCE COMMUNICATIONS
MICROSOFT
ALPHABET
SENSORY
CANTAB RESEARCH
READSPEAKER HOLDING
PARETEUM
IFLYTEK
VOICEVAULT
VOICEBOX TECHNOLOGIES
LUMENVOX
ACAPELA GROUP
Global Speech & Voice Recognition market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Speech & Voice Recognition market, Segment by Type:
Speech Recognition
Voice Recognition
Global Speech & Voice Recognition market, by Application
Government
Retail
Medical
Military
Legal
Education
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Speech & Voice Recognition companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Speech recognition technology is a high technology that enables machines to transform speech signals into corresponding text or commands through the recognition and understanding process.
The global Speech & Voice Recognition market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Speech & Voice Recognition in various end use industries. The expanding demands from the Government, Retail, Medical and Military, are propelling Speech & Voice Recognition market. Speech Recognition, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Voice Recognition segment is estimated at % CAGR for the next seven-year period.
Speech recognition technology expected to hold largest share of market during forecast period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Speech & Voice Recognition, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Speech & Voice Recognition market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Speech & Voice Recognition market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Speech & Voice Recognition sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Speech & Voice Recognition covered in this report include NUANCE COMMUNICATIONS, MICROSOFT, ALPHABET, SENSORY, CANTAB RESEARCH, READSPEAKER HOLDING, PARETEUM, IFLYTEK and VOICEVAULT, etc.
The global Speech & Voice Recognition market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NUANCE COMMUNICATIONS
MICROSOFT
ALPHABET
SENSORY
CANTAB RESEARCH
READSPEAKER HOLDING
PARETEUM
IFLYTEK
VOICEVAULT
VOICEBOX TECHNOLOGIES
LUMENVOX
ACAPELA GROUP
Global Speech & Voice Recognition market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Speech & Voice Recognition market, Segment by Type:
Speech Recognition
Voice Recognition
Global Speech & Voice Recognition market, by Application
Government
Retail
Medical
Military
Legal
Education
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Speech & Voice Recognition companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Speech & Voice Recognition
1.1 Speech & Voice Recognition Market Overview
1.1.1 Speech & Voice Recognition Product Scope
1.1.2 Speech & Voice Recognition Market Status and Outlook
1.2 Global Speech & Voice Recognition Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Speech & Voice Recognition Market Size by Region (2018-2029)
1.4 Global Speech & Voice Recognition Historic Market Size by Region (2018-2023)
1.5 Global Speech & Voice Recognition Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Speech & Voice Recognition Market Size (2018-2029)
1.6.1 North America Speech & Voice Recognition Market Size (2018-2029)
1.6.2 Europe Speech & Voice Recognition Market Size (2018-2029)
1.6.3 Asia-Pacific Speech & Voice Recognition Market Size (2018-2029)
1.6.4 Latin America Speech & Voice Recognition Market Size (2018-2029)
1.6.5 Middle East & Africa Speech & Voice Recognition Market Size (2018-2029)
2 Speech & Voice Recognition Market by Type
2.1 Introduction
2.1.1 Speech Recognition
2.1.2 Voice Recognition
2.2 Global Speech & Voice Recognition Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Speech & Voice Recognition Historic Market Size by Type (2018-2023)
2.2.2 Global Speech & Voice Recognition Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Speech & Voice Recognition Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Speech & Voice Recognition Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Speech & Voice Recognition Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Speech & Voice Recognition Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Speech & Voice Recognition Revenue Breakdown by Type (2018-2029)
3 Speech & Voice Recognition Market Overview by Application
3.1 Introduction
3.1.1 Government
3.1.2 Retail
3.1.3 Medical
3.1.4 Military
3.1.5 Legal
3.1.6 Education
3.1.7 Other
3.2 Global Speech & Voice Recognition Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Speech & Voice Recognition Historic Market Size by Application (2018-2023)
3.2.2 Global Speech & Voice Recognition Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Speech & Voice Recognition Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Speech & Voice Recognition Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Speech & Voice Recognition Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Speech & Voice Recognition Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Speech & Voice Recognition Revenue Breakdown by Application (2018-2029)
4 Speech & Voice Recognition Competition Analysis by Players
4.1 Global Speech & Voice Recognition Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Speech & Voice Recognition as of 2022)
4.3 Date of Key Players Enter into Speech & Voice Recognition Market
4.4 Global Top Players Speech & Voice Recognition Headquarters and Area Served
4.5 Key Players Speech & Voice Recognition Product Solution and Service
4.6 Competitive Status
4.6.1 Speech & Voice Recognition Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 NUANCE COMMUNICATIONS
5.1.1 NUANCE COMMUNICATIONS Profile
5.1.2 NUANCE COMMUNICATIONS Main Business
5.1.3 NUANCE COMMUNICATIONS Speech & Voice Recognition Products, Services and Solutions
5.1.4 NUANCE COMMUNICATIONS Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.1.5 NUANCE COMMUNICATIONS Recent Developments
5.2 MICROSOFT
5.2.1 MICROSOFT Profile
5.2.2 MICROSOFT Main Business
5.2.3 MICROSOFT Speech & Voice Recognition Products, Services and Solutions
5.2.4 MICROSOFT Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.2.5 MICROSOFT Recent Developments
5.3 ALPHABET
5.3.1 ALPHABET Profile
5.3.2 ALPHABET Main Business
5.3.3 ALPHABET Speech & Voice Recognition Products, Services and Solutions
5.3.4 ALPHABET Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.3.5 SENSORY Recent Developments
5.4 SENSORY
5.4.1 SENSORY Profile
5.4.2 SENSORY Main Business
5.4.3 SENSORY Speech & Voice Recognition Products, Services and Solutions
5.4.4 SENSORY Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.4.5 SENSORY Recent Developments
5.5 CANTAB RESEARCH
5.5.1 CANTAB RESEARCH Profile
5.5.2 CANTAB RESEARCH Main Business
5.5.3 CANTAB RESEARCH Speech & Voice Recognition Products, Services and Solutions
5.5.4 CANTAB RESEARCH Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.5.5 CANTAB RESEARCH Recent Developments
5.6 READSPEAKER HOLDING
5.6.1 READSPEAKER HOLDING Profile
5.6.2 READSPEAKER HOLDING Main Business
5.6.3 READSPEAKER HOLDING Speech & Voice Recognition Products, Services and Solutions
5.6.4 READSPEAKER HOLDING Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.6.5 READSPEAKER HOLDING Recent Developments
5.7 PARETEUM
5.7.1 PARETEUM Profile
5.7.2 PARETEUM Main Business
5.7.3 PARETEUM Speech & Voice Recognition Products, Services and Solutions
5.7.4 PARETEUM Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.7.5 PARETEUM Recent Developments
5.8 IFLYTEK
5.8.1 IFLYTEK Profile
5.8.2 IFLYTEK Main Business
5.8.3 IFLYTEK Speech & Voice Recognition Products, Services and Solutions
5.8.4 IFLYTEK Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.8.5 IFLYTEK Recent Developments
5.9 VOICEVAULT
5.9.1 VOICEVAULT Profile
5.9.2 VOICEVAULT Main Business
5.9.3 VOICEVAULT Speech & Voice Recognition Products, Services and Solutions
5.9.4 VOICEVAULT Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.9.5 VOICEVAULT Recent Developments
5.10 VOICEBOX TECHNOLOGIES
5.10.1 VOICEBOX TECHNOLOGIES Profile
5.10.2 VOICEBOX TECHNOLOGIES Main Business
5.10.3 VOICEBOX TECHNOLOGIES Speech & Voice Recognition Products, Services and Solutions
5.10.4 VOICEBOX TECHNOLOGIES Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.10.5 VOICEBOX TECHNOLOGIES Recent Developments
5.11 LUMENVOX
5.11.1 LUMENVOX Profile
5.11.2 LUMENVOX Main Business
5.11.3 LUMENVOX Speech & Voice Recognition Products, Services and Solutions
5.11.4 LUMENVOX Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.11.5 LUMENVOX Recent Developments
5.12 ACAPELA GROUP
5.12.1 ACAPELA GROUP Profile
5.12.2 ACAPELA GROUP Main Business
5.12.3 ACAPELA GROUP Speech & Voice Recognition Products, Services and Solutions
5.12.4 ACAPELA GROUP Speech & Voice Recognition Revenue (US$ Million) & (2018-2023)
5.12.5 ACAPELA GROUP Recent Developments
6 North America
6.1 North America Speech & Voice Recognition Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Speech & Voice Recognition Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Speech & Voice Recognition Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Speech & Voice Recognition Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Speech & Voice Recognition Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Speech & Voice Recognition Market Dynamics
11.1 Speech & Voice Recognition Industry Trends
11.2 Speech & Voice Recognition Market Drivers
11.3 Speech & Voice Recognition Market Challenges
11.4 Speech & Voice Recognition Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
