Speech Recognition Market Research Reports - Forecast till 2030

Speech Recognition Market Research Report Information By Technology (Speech Recognition and Voice Recognition), By Delivery Methods (Non-artificial intelligence-based and Artificial Intelligence Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“ Industry Size, Share and Trends Till 2030

ID: MRFR/SEM/1283-CR | 100 Pages | Author: Ankit Gupta | June 2023         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porterโ€™s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Speech Recognition Market

5 Industry Overview of Global Speech Recognition Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Speech Recognition Market by Type

7.1 Introduction

7.2 Speaker Dependent

7.2.1 Market Estimates & Forecast, 2022-2030

7.2.2 Market Estimates & Forecast by Region, 2022-2030

7.3 Speaker Independent

7.3.1 Market Estimates & Forecast, 2022-2030

7.3.2 Market Estimates & Forecast by Region, 2022-2030

8. Global Speech Recognition Market by Technology

8.1 Introduction

8.2 Non- Artificial Intelligence Based

8.2.1 Market Estimates & Forecast, 2022-2030

8.2.2 Market Estimates & Forecast by Region, 2022-2030

8.3 Artificial Intelligence Based

8.3.1 Market Estimates & Forecast, 2022-2030

8.3.2 Market Estimates & Forecast by Region, 2022-2030

9 Global Speech Recognition Market by Verticals

9.1 Introduction

9.2 Military

9.2.1 Market Estimates & Forecast, 2022-2030

9.2.2 Market Estimates & Forecast By Region, 2022-2030

9.3 Automotive

9.3.1 Market Estimates & Forecast, 2022-2030

9.3.2 Market Estimates & Forecast by Region, 2022-2030

9.4 Finance

9.4.1 Market Estimates & Forecast, 2022-2030

9.4.2 Market Estimates & Forecast by Region, 2022-2030

9.5 Media & Entertainment

9.5.1 Market Estimates & Forecast, 2022-2030

9.5.2 Market Estimates & Forecast by Region, 2022-2030

9.6 Government

9.6.1 Market Estimates & Forecast, 2022-2030

9.6.2 Market Estimates & Forecast by Region, 2022-2030

9.7 Others

9.7.1 Market Estimates & Forecast, 2022-2030

9.7.2 Market Estimates & Forecast by Region, 2022-2030

10. Global Speech Recognition Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2022-2030

10.2.2 Market Estimates & Forecast by Type, 2022-2030

10.2.3 Market Estimates & Forecast by Technology, 2022-2030

10.2.4 Market Estimates & Forecast by Verticals, 2022-2030

10.2.5 U.S.A

10.2.5.1 Market Estimates & Forecast, 2022-2030

10.2.5.2 Market Estimates & Forecast by Type, 2022-2030

10.2.5.3 Market Estimates & Forecast by Technology, 2022-2030

10.2.5.4 Market Estimates & Forecast by Verticals, 2022-2030

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2022-2030

10.2.6.2 Market Estimates & Forecast by Type, 2022-2030

10.2.6.3 Market Estimates & Forecast by Technology, 2022-2030

10.2.6.4 Market Estimates & Forecast by Verticals, 2022-2030

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2022-2030

10.2.7.2 Market Estimates & Forecast by Type, 2022-2030

10.2.7.3 Market Estimates & Forecast by Technology, 2022-2030

10.2.7.4 Market Estimates & Forecast by Verticals, 2022-2030

10.3 Europe

10.3.1 Market Estimates & Forecast, 2022-2030

10.3.2 Market Estimates & Forecast by Type, 2022-2030

10.3.3 Market Estimates & Forecast by Technology, 2022-2030

10.3.4 Market Estimates & Forecast by Verticals, 2022-2030

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2022-2030

10.3.5.2 Market Estimates & Forecast by Type, 2022-2030

10.3.5.3 Market Estimates & Forecast by Technology, 2022-2030

10.3.5.4 Market Estimates & Forecast by Verticals, 2022-2030

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2022-2030

10.3.6.2 Market Estimates & Forecast by Type, 2022-2030

10.3.6.3 Market Estimates & Forecast by Technology, 2022-2030

10.2.6.4 Market Estimates & Forecast by Verticals, 2022-2030

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2022-2030

10.3.7.2 Market Estimates & Forecast by Type, 2022-2030

10.3.7.3 Market Estimates & Forecast by Technology, 2022-2030

10.3.7.4 Market Estimates & Forecast by Verticals, 2022-2030

10.3.8 Spain

10.3. 8.1 Market Estimates & Forecast, 2022-2030

10.3. 8.2 Market Estimates & Forecast by Type, 2022-2030

10.3. 8.3 Market Estimates & Forecast by Technology, 2022-2030

10.3. 8.4 Market Estimates & Forecast by Verticals, 2022-2030

10.3.9 U.K

10.3. 9.1 Market Estimates & Forecast, 2022-2030

10.3. 9.2 Market Estimates & Forecast by Type, 2022-2030

10.3. 9.3 Market Estimates & Forecast by Technology, 2022-2030

10.3. 9.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2022-2030

10.4.2 Market Estimates & Forecast by Type, 2022-2030

10.4.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2022-2030

10.4.5.2 Market Estimates & Forecast by Type, 2022-2030

10.4.5.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.5.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2022-2030

10.4.6.2 Market Estimates & Forecast by Type, 2022-2030

10.4.6.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.6.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2022-2030

10.4.7.2 Market Estimates & Forecast by Type, 2022-2030

10.4.7.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.7.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2022-2030

10.4.8.2 Market Estimates & Forecast by Type, 2022-2030

10.4.8.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.8.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2022-2030

10.4.9.2 Market Estimates & Forecast by Type, 2022-2030

10.4.9.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.9.4 Market Estimates & Forecast by Verticals, 2022-2030

10.4.10 Rest of Asia Pacific

10.4.10.1 Market Estimates & Forecast, 2022-2030

10.4.10.2 Market Estimates & Forecast by Type, 2022-2030

10.4.10.3 Market Estimates & Forecast by Technology, 2022-2030

10.4.10.4 Market Estimates & Forecast by Verticals, 2022-2030

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, 2022-2030

10.5.2 Market Estimates & Forecast by Type, 2022-2030

10.5.3 Market Estimates & Forecast by Technology, 2022-2030

10.5.4 Market Estimates & Forecast by Verticals, 2022-2030

10.5.5 Middle East & Africa

10.5.5.1 Market Estimates & Forecast, 2022-2030

10.5.5.2 Market Estimates & Forecast by Type, 2022-2030

10.5.5.3 Market Estimates & Forecast by Technology, 2022-2030

10.5.5.4 Market Estimates & Forecast by Verticals, 2022-2030

10.5.6 Latin Countries

10.5.6.1 Market Estimates & Forecast, 2022-2030

10.5.6.2 Market Estimates & Forecast by Type, 2022-2030

10.5.6.3 Market Estimates & Forecast by Technology, 2022-2030

10.5.6.4 Market Estimates & Forecast by Verticals, 2022-2030

11. Company Landscape

12. Company Profiles

12.1 Nuance Communications, Inc. (U.S.)

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Microsoft Corporation (U.S.)

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Agnitio SL (Spain),

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 VoiceVault (U.S.),

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 VoiceBox Technologies Corp. (U.S.),

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Google Inc. (U.S.),

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 LumenVox LLC. (U.S),

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Raytheon BBN Technologies (U.S.),

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Advanced Voice Recognition Systems (U.S.)

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Sensory, Inc. (U.S)

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.11 ReadSpeaker Holding B.V. (Netherlands),

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.12 Iflytek Co., Ltd. (China)

12.12.1 Company Overview

12.12.2 Product/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

12.13 Acapela Group SA (Belgium)

12.13.1 Company Overview

12.13.2 Product/Business Segment Overview

12.13.3 Financial Updates

12.13.4 Key Developments

12.14 Fluent.ai Inc. (Canada)

12.14.1 Company Overview

12.14.2 Product/Business Segment Overview

12.14.3 Financial Updates

12.14.4 Key Developments

12.15 Others

12.15.1 Company Overview

12.15.2 Product/Business Segment Overview

12.15.3 Financial Updates

12.15.4 Key Developments

13 Conclusion

LIST OF TABLES

Table 1 Global Speech recognition Market: By Region, 2022-2030

Table 2 North America Speech recognition Market: By Country, 2022-2030

Table 3 Europe Speech recognition Market: By Country, 2022-2030

Table 4 Asia-Pacific Speech recognition Market: By Country, 2022-2030

Table 5 Middle East & Africa Speech recognition Market: By Country, 2022-2030

Table 6 Latin America Speech recognition Market: By Country, 2022-2030

Table 7 Global Speech recognition by Type Market: By Regions, 2022-2030

Table 8 North America Speech recognition by Type Market: By Country, 2022-2030

Table9 Europe Speech recognition by Type Market: By Country, 2022-2030

Table10 Asia-Pacific Speech recognition by Type Market: By Country, 2022-2030

Table10 Middle East & Africa Speech recognition by Type Market: By Country, 2022-2030

Table12 Latin America Speech recognition by Type Market: By Country, 2022-2030

Table13 Global Speech recognition by Verticals Market: By Regions, 2022-2030

Table14 North America Speech recognition by Verticals Market: By Country, 2022-2030

Table15 Europe Speech recognition by Verticals Market: By Country, 2022-2030

Table16 Asia-Pacific Speech recognition by Verticals Market: By Country, 2022-2030

Table20 Middle East & Africa Speech recognition by Verticals Market: By Country, 2022-2030

Table18 Latin America Speech recognition by Verticals Market: By Country, 2022-2030

Table19 North America Speech recognition for Type Market: By Country, 2022-2030

Table20 Europe Speech recognition for Type Market: By Country, 2022-2030

Table21 Asia-Pacific Speech recognition for Type Market: By Country, 2022-2030

Table22 Middle East & Africa Speech recognition for Type Market: By Country, 2022-2030

Table27 Latin America Speech recognition for Type Market: By Country, 2022-2030

Table24 Global Type Market: By Region, 2022-2030

Table25 Global Type Market: By Region, 2022-2030

Table26 Global Type Market: By Region, 2022-2030

Table27 North America Speech recognition Market, By Country

Table28 North America Speech recognition Market, By Type

Table29 North America Speech recognition Market, By Type

Table30 North America Speech recognition Market, By Verticals

Table31 Europe: Speech recognition Market, By Country

Table32 Europe: Speech recognition Market, By Type

Table33 Europe: Speech recognition Market, By Type

Table 34 Europe: Speech recognition Market, By Verticals

Table35 Asia-Pacific: Speech recognition Market, By Country

Table36 Asia-Pacific: Speech recognition Market, By Type

Table37 Asia-Pacific: Speech recognition Market, By Type

Table 38 Asia-Pacific: Speech recognition Market, By Verticals

Table39 Middle East & Africa: Speech recognition Market, By Country

Table40 Middle East & Africa Speech recognition Market, By Type

Table41 Middle East & Africa: Speech recognition Market, By Type

Table42 Middle East & Africa: Speech recognition Market, By Verticals

Table43 Latin America: Speech recognition Market, By Country

Table44 Latin America Speech recognition Market, By Type

Table45 Latin America: Speech recognition Market, By Type

Table46 Latin America: Speech recognition Market, By Verticals

LIST OF FIGURES

FIGURE 1 Global Speech recognition market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Speech recognition Market

FIGURE 4 Value Chain of Global Speech recognition Market

FIGURE 5 Share of Global Speech recognition Market in 2022, by country (in %)

FIGURE 6 Global Speech recognition Market, 2022-2030,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Speech recognition Market size by Technology , 2022

FIGURE 9 Share of Global Speech recognition Market by Type, 2022 TO 2030

FIGURE 10 Global Speech recognition Market size by Technology , 2022

FIGURE 10 Share of Global Speech recognition Market by Type, 2022 TO 2030

FIGURE 12 Global Speech recognition Market size by Technology, 2022 TO 2030

FIGURE 13 Share of Global Speech recognition Market by Technology, 2022 TO 2030

Speech Recognition Market Segmentation


Speech Recognition Technology Outlook (USD Billion, 2018-2030)




  • Speech Recognition




  • Voice Recognition




Speech Recognition Delivery Methods Outlook (USD Billion, 2018-2030)




  • Non-artificial intelligence-based




  • Artificial Intelligence Based




Speech Recognition Regional Outlook (USD Billion, 2018-2030)




  • North America Outlook (USD Billion, 2018-2030)




    • North America Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • North America Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • US Outlook (USD Billion, 2018-2030)




    • US Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • US Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • CANADA Outlook (USD Billion, 2018-2030)




    • CANADA Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • CANADA Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based








  • Europe Outlook (USD Billion, 2018-2030)




    • Europe Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Europe Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Germany Outlook (USD Billion, 2018-2030)




    • Germany Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Germany Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • France Outlook (USD Billion, 2018-2030)




    • France Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • France Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • UK Outlook (USD Billion, 2018-2030)




    • UK Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • UK Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • ITALY Outlook (USD Billion, 2018-2030)




    • ITALY Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • ITALY Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • SPAIN Outlook (USD Billion, 2018-2030)




    • Spain Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Spain Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Rest Of Europe Outlook (USD Billion, 2018-2030)




    • Rest Of Europe Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • REST OF EUROPE Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based








  • Asia-Pacific Outlook (USD Billion, 2018-2030)




    • Asia-Pacific Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Asia-Pacific Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • China Outlook (USD Billion, 2018-2030)




    • China Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • China Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Japan Outlook (USD Billion, 2018-2030)




    • Japan Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Japan Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • India Outlook (USD Billion, 2018-2030)




    • India Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • India Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Australia Outlook (USD Billion, 2018-2030)




    • Australia Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Australia Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)




    • Rest of Asia-Pacific Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Rest of Asia-Pacific Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based








  • Rest of the World Outlook (USD Billion, 2018-2030)




    • Rest of the World Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Rest of the World Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Middle East Outlook (USD Billion, 2018-2030)




    • Middle East Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Middle East Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Africa Outlook (USD Billion, 2018-2030)




    • Africa Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Africa Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based






    • Latin America Outlook (USD Billion, 2018-2030)




    • Latin America Speech Recognition by Technology




      • Speech Recognition




      • Voice Recognition






    • Latin America Speech Recognition by Delivery Methods




      • Non-artificial intelligence-based




      • Artificial Intelligence Based







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Research Methodology on Speech Recognition Market


1. Introduction:


The Market Research Future report on the global Speech Recognition Market shares an overview and a study of the current and future industry impact of the trends and key market drivers. An assessment is also offered for the potential influence of the growth drivers, restraining factors and encouraging policies on the global Speech Recognition Market. Also, the trends that are expected to drive the market from 2023 to 2030 are addressed in the study.


2. Research Objectives:


The Research Objectives of this report are:



  • To analyze the market size and growth rate of the global Speech Recognition Market from 2023 to 2030.

  • To analyze and forecast the market size and trends in terms of revenue and volume.

  • To assess the demand for Speech Recognition and its usage patterns, by region.

  • To identify various technology trends associated with the Speech Recognition market.

  • To identify the key drivers and restraints impacting the growth of the Speech Recognition market.

  • To identify strategies adopted by market players to strengthen their position in the Speech Recognition market.

  • To analyze and assess the overall competitive landscape of the Speech Recognition market.


3. Research Scope:


This report focuses on the current and future impact of the trends and key market drivers influencing the global Speech Recognition market. It comprises a comprehensive analysis of key aspects such as industry size and market share, current growth factors, and expected growth trends.


4. Research Type:


This study employs both primary and secondary research techniques to produce a comprehensive market study. The primary research comprised interviews and surveys with officials in the industry and experts, while secondary research comprised databases including published journals, trade reports, media releases, and the internet.


5. Data Collection:


Data collection is based on both primary and secondary sources. The primary sources include interviews and surveys with people involved in the Speech Recognition market. The secondary sources included industry databases and various published journals, trade reports and other grey literature.


6. Data Validation:


The data validation process include triangulation of the primary and secondary sources and was used to verify the accuracy and completeness of the collected data.


7. Data Analysis:


The data analysis is conducted using SPSS software. The data was analyzed using statistical methods such as HCA, PCA, and correlations. In addition, regression analysis is used to compare the differences in the independent variables and their influence on the dependent variable.


8. Conclusion:


With the help of this research, we are able to analyze the global Speech Recognition market in detail and gain a better understanding of the emerging trends and key drivers that are likely to shape its future. The report also highlights the current challenges faced by the industry and the strategies adopted by the players to strengthen their position. Finally, the report has offered conclusions on the current state of the market and suggestions to help the industry players move forward.

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