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

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

LPI (LP Information)' newest research report, the “Speech and Voice Recognition Industry Forecast” looks at past sales and reviews total world Speech and Voice Recognition sales in 2022, providing a comprehensive analysis by region and market sector of projected Speech and Voice Recognition sales for 2023 through 2029. With 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 Speech and Voice Recognition industry.

This Insight Report provides a comprehensive analysis of the global 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 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 Speech and Voice Recognition market.

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

The global Speech and Voice Recognition market size is projected to grow from US$ 7481.6 million in 2022 to US$ 15840 million in 2029; it is expected to grow at a CAGR of 11.3% from 2023 to 2029.

United States market for Speech and Voice Recognition 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 and Voice Recognition 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 and Voice Recognition 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 and Voice Recognition players cover Nuance Communications, Microsoft Corporation, Alphabet, Cantab Research Limited, Sensory, ReadSpeaker Holding, Pareteum Corporation, Iflytek and VoiceVault, 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 and Voice Recognition market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Speech Recognition
Voice Recognition

Segmentation by application
Automotive
Consumer
Banking
Financial Services and Insurance
Retail
Education
Healthcare & Government

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.
Nuance Communications
Microsoft Corporation
Alphabet
Cantab Research Limited
Sensory
ReadSpeaker Holding
Pareteum Corporation
Iflytek
VoiceVault
VoiceBox Technologies
LumenVox
Acapela Group

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