Speech and Voice Recognition Market, Global Outlook and Forecast 2022-2028

March 2022 | 63 pages | ID: SF5B9F9B5F75EN
Market Monitor Global

Abstracts

This report contains market size and forecasts of Speech and Voice Recognition in Global, including the following market information:

Global Speech and Voice Recognition Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Speech and Voice Recognition market was valued at 7869.4 million in 2021 and is projected to reach US$ 15760 million by 2028, at a CAGR of 10.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Speech Recognition Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Speech and Voice Recognition include Nuance Communications, Microsoft Corporation, Alphabet, Cantab Research Limited, Sensory, ReadSpeaker Holding, Pareteum Corporation, Iflytek and VoiceVault, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Speech and Voice 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 Speech and Voice Recognition Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Speech and Voice Recognition Market Segment Percentages, by Type, 2021 (%)

• Speech Recognition
• Voice Recognition

Global Speech and Voice Recognition Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Speech and Voice Recognition Market Segment Percentages, by Application, 2021 (%)

• Automotive
• Consumer
• Banking
• Financial Services and Insurance
• Retail
• Education
• Healthcare & Government

Global Speech and Voice Recognition Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Speech and Voice Recognition Market Segment Percentages, By Region and Country, 2021 (%)

• 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 Speech and Voice Recognition revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Speech and Voice Recognition revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Nuance Communications
• Microsoft Corporation
• Alphabet
• Cantab Research Limited
• Sensory
• ReadSpeaker Holding
• Pareteum Corporation
• Iflytek
• VoiceVault
• VoiceBox Technologies
• LumenVox
• Acapela Group

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Speech and Voice Recognition Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Speech and Voice Recognition Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL SPEECH AND VOICE RECOGNITION OVERALL MARKET SIZE

2.1 Global Speech and Voice Recognition Market Size: 2021 VS 2028
2.2 Global Speech and Voice Recognition Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Speech and Voice Recognition Players in Global Market
3.2 Top Global Speech and Voice Recognition Companies Ranked by Revenue
3.3 Global Speech and Voice Recognition Revenue by Companies
3.4 Top 3 and Top 5 Speech and Voice Recognition Companies in Global Market, by Revenue in 2021
3.5 Global Companies Speech and Voice Recognition Product Type
3.6 Tier 1, Tier 2 and Tier 3 Speech and Voice Recognition Players in Global Market
  3.6.1 List of Global Tier 1 Speech and Voice Recognition Companies
  3.6.2 List of Global Tier 2 and Tier 3 Speech and Voice Recognition Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Speech and Voice Recognition Market Size Markets, 2021 & 2028
  4.1.2 Speech Recognition
  4.1.3 Voice Recognition
4.2 By Type - Global Speech and Voice Recognition Revenue & Forecasts
  4.2.1 By Type - Global Speech and Voice Recognition Revenue, 2017-2022
  4.2.2 By Type - Global Speech and Voice Recognition Revenue, 2023-2028
  4.2.3 By Type - Global Speech and Voice Recognition Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Speech and Voice Recognition Market Size, 2021 & 2028
  5.1.2 Automotive
  5.1.3 Consumer
  5.1.4 Banking
  5.1.5 Financial Services and Insurance
  5.1.6 Retail
  5.1.7 Education
  5.1.8 Healthcare & Government
5.2 By Application - Global Speech and Voice Recognition Revenue & Forecasts
  5.2.1 By Application - Global Speech and Voice Recognition Revenue, 2017-2022
  5.2.2 By Application - Global Speech and Voice Recognition Revenue, 2023-2028
  5.2.3 By Application - Global Speech and Voice Recognition Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Speech and Voice Recognition Market Size, 2021 & 2028
6.2 By Region - Global Speech and Voice Recognition Revenue & Forecasts
  6.2.1 By Region - Global Speech and Voice Recognition Revenue, 2017-2022
  6.2.2 By Region - Global Speech and Voice Recognition Revenue, 2023-2028
  6.2.3 By Region - Global Speech and Voice Recognition Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Speech and Voice Recognition Revenue, 2017-2028
  6.3.2 US Speech and Voice Recognition Market Size, 2017-2028
  6.3.3 Canada Speech and Voice Recognition Market Size, 2017-2028
  6.3.4 Mexico Speech and Voice Recognition Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Speech and Voice Recognition Revenue, 2017-2028
  6.4.2 Germany Speech and Voice Recognition Market Size, 2017-2028
  6.4.3 France Speech and Voice Recognition Market Size, 2017-2028
  6.4.4 U.K. Speech and Voice Recognition Market Size, 2017-2028
  6.4.5 Italy Speech and Voice Recognition Market Size, 2017-2028
  6.4.6 Russia Speech and Voice Recognition Market Size, 2017-2028
  6.4.7 Nordic Countries Speech and Voice Recognition Market Size, 2017-2028
  6.4.8 Benelux Speech and Voice Recognition Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Speech and Voice Recognition Revenue, 2017-2028
  6.5.2 China Speech and Voice Recognition Market Size, 2017-2028
  6.5.3 Japan Speech and Voice Recognition Market Size, 2017-2028
  6.5.4 South Korea Speech and Voice Recognition Market Size, 2017-2028
  6.5.5 Southeast Asia Speech and Voice Recognition Market Size, 2017-2028
  6.5.6 India Speech and Voice Recognition Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Speech and Voice Recognition Revenue, 2017-2028
  6.6.2 Brazil Speech and Voice Recognition Market Size, 2017-2028
  6.6.3 Argentina Speech and Voice Recognition Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Speech and Voice Recognition Revenue, 2017-2028
  6.7.2 Turkey Speech and Voice Recognition Market Size, 2017-2028
  6.7.3 Israel Speech and Voice Recognition Market Size, 2017-2028
  6.7.4 Saudi Arabia Speech and Voice Recognition Market Size, 2017-2028
  6.7.5 UAE Speech and Voice Recognition Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Nuance Communications
  7.1.1 Nuance Communications Corporate Summary
  7.1.2 Nuance Communications Business Overview
  7.1.3 Nuance Communications Speech and Voice Recognition Major Product Offerings
  7.1.4 Nuance Communications Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.1.5 Nuance Communications Key News
7.2 Microsoft Corporation
  7.2.1 Microsoft Corporation Corporate Summary
  7.2.2 Microsoft Corporation Business Overview
  7.2.3 Microsoft Corporation Speech and Voice Recognition Major Product Offerings
  7.2.4 Microsoft Corporation Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.2.5 Microsoft Corporation Key News
7.3 Alphabet
  7.3.1 Alphabet Corporate Summary
  7.3.2 Alphabet Business Overview
  7.3.3 Alphabet Speech and Voice Recognition Major Product Offerings
  7.3.4 Alphabet Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.3.5 Alphabet Key News
7.4 Cantab Research Limited
  7.4.1 Cantab Research Limited Corporate Summary
  7.4.2 Cantab Research Limited Business Overview
  7.4.3 Cantab Research Limited Speech and Voice Recognition Major Product Offerings
  7.4.4 Cantab Research Limited Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.4.5 Cantab Research Limited Key News
7.5 Sensory
  7.5.1 Sensory Corporate Summary
  7.5.2 Sensory Business Overview
  7.5.3 Sensory Speech and Voice Recognition Major Product Offerings
  7.5.4 Sensory Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.5.5 Sensory Key News
7.6 ReadSpeaker Holding
  7.6.1 ReadSpeaker Holding Corporate Summary
  7.6.2 ReadSpeaker Holding Business Overview
  7.6.3 ReadSpeaker Holding Speech and Voice Recognition Major Product Offerings
  7.6.4 ReadSpeaker Holding Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.6.5 ReadSpeaker Holding Key News
7.7 Pareteum Corporation
  7.7.1 Pareteum Corporation Corporate Summary
  7.7.2 Pareteum Corporation Business Overview
  7.7.3 Pareteum Corporation Speech and Voice Recognition Major Product Offerings
  7.7.4 Pareteum Corporation Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.7.5 Pareteum Corporation Key News
7.8 Iflytek
  7.8.1 Iflytek Corporate Summary
  7.8.2 Iflytek Business Overview
  7.8.3 Iflytek Speech and Voice Recognition Major Product Offerings
  7.8.4 Iflytek Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.8.5 Iflytek Key News
7.9 VoiceVault
  7.9.1 VoiceVault Corporate Summary
  7.9.2 VoiceVault Business Overview
  7.9.3 VoiceVault Speech and Voice Recognition Major Product Offerings
  7.9.4 VoiceVault Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.9.5 VoiceVault Key News
7.10 VoiceBox Technologies
  7.10.1 VoiceBox Technologies Corporate Summary
  7.10.2 VoiceBox Technologies Business Overview
  7.10.3 VoiceBox Technologies Speech and Voice Recognition Major Product Offerings
  7.10.4 VoiceBox Technologies Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.10.5 VoiceBox Technologies Key News
7.11 LumenVox
  7.11.1 LumenVox Corporate Summary
  7.11.2 LumenVox Business Overview
  7.11.3 LumenVox Speech and Voice Recognition Major Product Offerings
  7.11.4 LumenVox Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.11.5 LumenVox Key News
7.12 Acapela Group
  7.12.1 Acapela Group Corporate Summary
  7.12.2 Acapela Group Business Overview
  7.12.3 Acapela Group Speech and Voice Recognition Major Product Offerings
  7.12.4 Acapela Group Speech and Voice Recognition Revenue in Global Market (2017-2022)
  7.12.5 Acapela Group Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Speech and Voice Recognition Market Opportunities & Trends in Global Market
Table 2. Speech and Voice Recognition Market Drivers in Global Market
Table 3. Speech and Voice Recognition Market Restraints in Global Market
Table 4. Key Players of Speech and Voice Recognition in Global Market
Table 5. Top Speech and Voice Recognition Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Speech and Voice Recognition Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Speech and Voice Recognition Revenue Share by Companies, 2017-2022
Table 8. Global Companies Speech and Voice Recognition Product Type
Table 9. List of Global Tier 1 Speech and Voice Recognition Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Speech and Voice Recognition Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Speech and Voice Recognition Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Speech and Voice Recognition Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Speech and Voice Recognition Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Speech and Voice Recognition Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Speech and Voice Recognition Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Speech and Voice Recognition Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Speech and Voice Recognition Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Speech and Voice Recognition Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Speech and Voice Recognition Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Speech and Voice Recognition Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Speech and Voice Recognition Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Speech and Voice Recognition Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Speech and Voice Recognition Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Speech and Voice Recognition Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Speech and Voice Recognition Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Speech and Voice Recognition Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Speech and Voice Recognition Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Speech and Voice Recognition Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Speech and Voice Recognition Revenue, (US$, Mn), 2023-2028
Table 30. Nuance Communications Corporate Summary
Table 31. Nuance Communications Speech and Voice Recognition Product Offerings
Table 32. Nuance Communications Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 33. Microsoft Corporation Corporate Summary
Table 34. Microsoft Corporation Speech and Voice Recognition Product Offerings
Table 35. Microsoft Corporation Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 36. Alphabet Corporate Summary
Table 37. Alphabet Speech and Voice Recognition Product Offerings
Table 38. Alphabet Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 39. Cantab Research Limited Corporate Summary
Table 40. Cantab Research Limited Speech and Voice Recognition Product Offerings
Table 41. Cantab Research Limited Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 42. Sensory Corporate Summary
Table 43. Sensory Speech and Voice Recognition Product Offerings
Table 44. Sensory Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 45. ReadSpeaker Holding Corporate Summary
Table 46. ReadSpeaker Holding Speech and Voice Recognition Product Offerings
Table 47. ReadSpeaker Holding Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 48. Pareteum Corporation Corporate Summary
Table 49. Pareteum Corporation Speech and Voice Recognition Product Offerings
Table 50. Pareteum Corporation Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 51. Iflytek Corporate Summary
Table 52. Iflytek Speech and Voice Recognition Product Offerings
Table 53. Iflytek Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 54. VoiceVault Corporate Summary
Table 55. VoiceVault Speech and Voice Recognition Product Offerings
Table 56. VoiceVault Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 57. VoiceBox Technologies Corporate Summary
Table 58. VoiceBox Technologies Speech and Voice Recognition Product Offerings
Table 59. VoiceBox Technologies Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 60. LumenVox Corporate Summary
Table 61. LumenVox Speech and Voice Recognition Product Offerings
Table 62. LumenVox Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)
Table 63. Acapela Group Corporate Summary
Table 64. Acapela Group Speech and Voice Recognition Product Offerings
Table 65. Acapela Group Speech and Voice Recognition Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Speech and Voice Recognition Segment by Type in 2021
Figure 2. Speech and Voice Recognition Segment by Application in 2021
Figure 3. Global Speech and Voice Recognition Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Speech and Voice Recognition Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Speech and Voice Recognition Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Speech and Voice Recognition Revenue in 2021
Figure 8. By Type - Global Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 9. By Application - Global Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 10. By Region - Global Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 11. By Country - North America Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 12. US Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 16. Germany Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 17. France Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 24. China Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 28. India Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 30. Brazil Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Speech and Voice Recognition Revenue Market Share, 2017-2028
Figure 33. Turkey Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Speech and Voice Recognition Revenue, (US$, Mn), 2017-2028
Figure 37. Nuance Communications Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Microsoft Corporation Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Alphabet Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Cantab Research Limited Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Sensory Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. ReadSpeaker Holding Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Pareteum Corporation Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Iflytek Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. VoiceVault Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. VoiceBox Technologies Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. LumenVox Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Acapela Group Speech and Voice Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)