Voice And Speech Recognition Software Market Size, Share 2023
The global Voice And Speech Recognition Software market was valued at US$ 10770 million in 2022 and is projected to reach US$ 20290 million by 2029, at a CAGR of 9.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Voice recognition software is an application which makes use of speech recognition algorithms to identify the spoken languages and act accordingly.
This report aims to provide a comprehensive presentation of the global market for Voice And Speech Recognition Software, 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 Voice And Speech Recognition Software. This report contains market size and forecasts of Voice And Speech Recognition Software in global, including the following market information:
Global Voice And Speech Recognition Software Market Revenue, 2018–2023, 2024–2029, ($ millions)
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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Global top five companies in 2022 (%)
The market is anticipated to be driven by technological advancements and rising adoption of the software in advanced electronic devices.
We surveyed the Voice And Speech Recognition Software 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 Voice And Speech Recognition Software Market, by Type, 2018–2023, 2024–2029 ($ millions)
Global Voice And Speech Recognition Software Market Segment Percentages, by Type, 2022 (%)
AI-based
Non-AI based
Global Voice And Speech Recognition Software Market, by Application, 2018–2023, 2024–2029 ($ millions)
Global Voice And Speech Recognition Software Market Segment Percentages, by Application, 2022 (%)
Automotive
BFSI
Consumer
Education
Enterprise
Government
Healthcare
Military
Retail
Global Voice And Speech Recognition Software Market, By Region and Country, 2018–2023, 2024–2029 ($ Millions)
Global Voice And Speech Recognition Software 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 Voice And Speech Recognition Software revenues in global market, 2018–2023 (estimated), ($ millions)
Key companies Voice And Speech Recognition Software revenues share in global market, 2022 (%)
key players include:
Nuance Communications, Inc.
Microsoft
Google
Apple
Amazon
iFlytek
Baidu
Advanced Voice Recognition Systems
Agnitio S.L.
IBM
JStar
LumenVox LLC
M2SYSLLC
MModal, Inc.
Raytheon Company
SemVox GmbH
Sensory, Inc.
ValidSoft U.K. Limited
VoiceVault, Inc.
VoiceVault, Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Voice And Speech Recognition Software, market overview.
Chapter 2: Global Voice And Speech Recognition Software market size in revenue.
Chapter 3: Detailed analysis of Voice And Speech Recognition Software 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 Voice And Speech Recognition Software 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.
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