Global Intelligent Speech and Voice Recognition Market Growth (Status and Outlook) 2023-2029

Global Intelligent Speech and Voice Recognition Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Intelligent Speech and Voice Recognition Industry Forecast” looks at past sales and reviews total world Intelligent Speech and Voice Recognition sales in 2022, providing a comprehensive analysis by region and market sector of projected Intelligent Speech and Voice Recognition sales for 2023 through 2029. With Intelligent Speech and Voice Recognition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Intelligent Speech and Voice Recognition industry.
This Insight Report provides a comprehensive analysis of the global Intelligent Speech and Voice Recognition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Intelligent Speech and Voice Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Intelligent Speech and Voice Recognition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Intelligent Speech and Voice Recognition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Intelligent Speech and Voice Recognition.
The global Intelligent Speech and Voice Recognition market size is projected to grow from US$ 7616.6 million in 2022 to US$ 33900 million in 2029; it is expected to grow at a CAGR of 23.8% from 2023 to 2029.
The world’s core vendors that provide Intelligent Speech and Voice Recognition include Google, etc. The largest vendor has a market share of more than 10%. North America is the world's largest market, accounting for approximately 39% of the market, followed by Asia Pacific and Europe, accounting for 35% and 24%, respectively. Among them, cloud deployment and local deployment accounted for 83% and 17% respectively. The most applications are consumer applications and the automotive industry, accounting for 22% and 17%, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Speech and Voice Recognition market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Cloud-based
On-premise
Segmentation by application
Consumer
Automobile
Financial
Medical & Health
Smart Home
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google
Baidu
iFLYTEK
Facebook
Amazon
Apple Inc
IBM
Microsoft
Brianasoft
Neurotechnology
Sensory Inc.
VoiceBase
Auraya
LumenVox
Nuance Communications
Raytheon BBN Technologies

Please note: The report will take approximately 2 business days to prepare and deliver.