COMPANIES COVERED
NuanceDownload FREE Report Sample
Download Free sampleSpeech recognition technology is a high technology that enables machines to transform speech signals into corresponding text or commands through the recognition and understanding process.Speech recognition technology mainly includes feature extraction technology, pattern matching criterion and model training technology.
Speech Recognition Market contains market size and forecasts of Speech Recognition in Global, including the following market information:
Global Speech Recognition Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Speech Recognition market was valued at 9735.7 million in 2021 and is projected to reach US$ 17440 million by 2028, at a CAGR of 8.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Speaker Dependent Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Speech Recognition include Nuance, Microsoft, Agnitio, VoiceVault, VoiceBox Technologies, Google, LumenVox, Raytheon BBN Technologies and Advanced Voice Recognition Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Speech 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 Recognition Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Speech Recognition Market Segment Percentages, by Type, 2021 (%)
Speaker Dependent
Speaker Independent
Global Speech Recognition Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Speech Recognition Market Segment Percentages, by Application, 2021 (%)
Military
Automotive
Healthcare
Global Speech Recognition Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Speech 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 Recognition revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Speech Recognition revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nuance
Microsoft
Agnitio
VoiceVault
VoiceBox Technologies
LumenVox
Raytheon BBN Technologies
Advanced Voice Recognition Systems
Sensory
ReadSpeaker Holding
Iflytek
AT&T
Fluent
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
