Voice And Speech Recognition Software market

Voice And Speech Recognition Software Market - Global Outlook and Forecast 2022-2028

  • 11 January 2022
  • ICT & Media
  • 117 Pages
  • Report code : PMR-6710757

  • 4.7 (158)

Voice And Speech Recognition Software Market

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Voice recognition software is an application which makes use of speech recognition algorithms to identify the spoken languages and act accordingly.

Voice And Speech Recognition Software Market 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, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Voice And Speech Recognition Software market was valued at 10770 million in 2021 and is projected to reach US$ 20290 million by 2028, at a CAGR of 9.5% during the forecast period.

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

AI-based Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Voice And Speech Recognition Software include Nuance Communications, Inc., Microsoft, Google, Apple, Amazon, iFlytek, Baidu, Advanced Voice Recognition Systems and Agnitio S.L., etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ millions)

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

  • AI-based
  • Non-AI based

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

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

  • Automotive
  • BFSI
  • Consumer
  • Education
  • Enterprise
  • Government
  • Healthcare
  • Military
  • Retail

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

Global Voice And Speech Recognition Software 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 Voice And Speech Recognition Software revenues in global market, 2017-2022 (estimated), ($ millions)
  • Key companies Voice And Speech Recognition Software revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, 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.

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