Global Speech Technology Market Growth (Status and Outlook) 2023-2029

Global Speech Technology Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Speech Technology Industry Forecast” looks at past sales and reviews total world Speech Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Speech Technology sales for 2023 through 2029. With Speech Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Speech Technology industry.

This Insight Report provides a comprehensive analysis of the global Speech Technology 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 Speech Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Speech Technology market.

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

The global Speech Technology market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Speech Technology is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Speech Technology is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Speech Technology is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Speech Technology players cover Microsoft, Apple, Amazon Web Services, Anki, Facebook, Baidu, Lumenvox, Siemens and Cantab Research, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Interactive Voice Response
Real-time Speech to Text Conversion
Speech Analytics
Speech Recognition
Speech Synthesis
Speech Verification

Segmentation by application
Aerospace
Defence Security
Government and Public Sector
Healthcare and Life Sciences
IT and telecommunicataion
Retail
Automotive
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.
Microsoft
Apple
Amazon Web Services
Anki
Facebook
Baidu
Lumenvox
Siemens
Cantab Research
Alphabet
Iflytek
Vocalzoom
M2sys
Biotrust Id
Mmodal
Nuance Communication
Quantiphi, Inc.
Raytheon BBN Technologies
Sensory
Voicevault
Speak2Web
Uniphore Software
Acapela Group
AIBrain
Validsoft

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