Global Speech Artificial Intelligence Market Growth (Status and Outlook) 2025-2031

The global Speech Artificial Intelligence market size is predicted to grow from US$ 19340 million in 2025 to US$ 41550 million in 2031; it is expected to grow at a CAGR of 13.6% from 2025 to 2031.

Speech AI refers to a set of technologies that use machine learning and deep learning techniques to enable computers to understand and process human speech, including speech recognition, speech synthesis, natural language understanding, and speech interaction. These technologies enable devices to perform tasks such as speech-to-text, voice search, voice command control, and natural conversations with humans.

United States market for Speech Artificial Intelligence is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Speech Artificial Intelligence is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Speech Artificial Intelligence is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Speech Artificial Intelligence players cover SoundHound AI, NVDIA, Rev AI, Speechmatics, Sensory, Inc, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Speech Artificial Intelligence Industry Forecast” looks at past sales and reviews total world Speech Artificial Intelligence sales in 2024, providing a comprehensive analysis by region and market sector of projected Speech Artificial Intelligence sales for 2025 through 2031. With Speech Artificial Intelligence sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Speech Artificial Intelligence industry.

This Insight Report provides a comprehensive analysis of the global Speech Artificial Intelligence landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Speech Artificial Intelligence portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Speech Artificial Intelligence market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Speech Artificial Intelligence 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 Speech Artificial Intelligence.

This report presents a comprehensive overview, market shares, and growth opportunities of Speech Artificial Intelligence market by product type, application, key players and key regions and countries.

Segmentation by Type:
Text-to-speech
Speech-to-text
Automatic Speech Recognition
Others

Segmentation by Application:
Intelligent Assistant
Virtual Customer Service
Speech Translation
Smart Home
Others

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.
SoundHound AI
NVDIA
Rev AI
Speechmatics
Sensory, Inc
Phonexia
Deepgram
AssemblyAI
Voci Technologies
Cobalt Speech & Language
GoVivace Inc.
Google
Microsoft
Oracle
iFLYTEK
Baidu
Alibaba Group Holding
Xiaomi Corporation
Tencent Holdings Limited

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