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Voice Recognition Market for Smartphones in the US 2024-2028

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    Report

  • 128 Pages
  • July 2024
  • Region: United States
  • TechNavio
  • ID: 5879417
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The voice recognition for smartphones market in US is forecasted to grow by USD 155.1 million during 2023-2028, accelerating at a CAGR of 13.64% during the forecast period. The report on the voice recognition for smartphones market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of technologically advanced mobile devices, increasing demand for voice-driven navigation systems and workstations, and growing use of voice biometrics.

The voice recognition for smartphones market in US is segmented as below:

By Technology

  • Automatic speech recognition
  • Text-to-speech

By Deployment

  • Cloud-based
  • Embedded

By Geographical Landscape

  • North America
This study identifies the growing use of AI integrated with voice speech recognition as one of the prime reasons driving the voice recognition for smartphones market in US growth during the next few years. Also, growing demand for smart homes and development of smart cities and increasing of voice-enabled devices in automobiles will lead to sizable demand in the market.

The report on the voice recognition for smartphones market in US covers the following areas:

  • Voice recognition for smartphones market in US sizing
  • Voice recognition for smartphones market in US forecast
  • Voice recognition for smartphones market in US industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice recognition for smartphones market in US vendors that include 3M Co., Advanced Voice Recognition Systems Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., AT&T Inc., Aware Inc., Baidu Inc., International Business Machines Corp., Koninklijke Philips N.V., LumenVox GmbH, M2SYS, Microsoft Corp., Qualcomm Inc., Rev.com Inc., Samsung Electronics Co. Ltd., Sensory Inc., Sonix Inc., Summa Linguae Technologies S.A., and Verizon Communications Inc. Also, the voice recognition for smartphones market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Market Segmentation by Deployment
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Voice Recognition Market For Smartphones in US 2018 - 2022
Historic Market Size - Data Table on Voice Recognition Market For Smartphones in US 2018 - 2022 ($ million)
4.2 Technology segment analysis 2018 - 2022
Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.3 Deployment segment analysis 2018 - 2022
Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
6.1 Market segments
Chart on Technology - Market share 2023-2028 (%)
Data Table on Technology - Market share 2023-2028 (%)
6.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
6.3 Automatic speech recognition - Market size and forecast 2023-2028
Chart on Automatic speech recognition - Market size and forecast 2023-2028 ($ million)
Data Table on Automatic speech recognition - Market size and forecast 2023-2028 ($ million)
Chart on Automatic speech recognition - Year-over-year growth 2023-2028 (%)
Data Table on Automatic speech recognition - Year-over-year growth 2023-2028 (%)
6.4 Text-to-speech - Market size and forecast 2023-2028
Chart on Text-to-speech - Market size and forecast 2023-2028 ($ million)
Data Table on Text-to-speech - Market size and forecast 2023-2028 ($ million)
Chart on Text-to-speech - Year-over-year growth 2023-2028 (%)
Data Table on Text-to-speech - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
7 Market Segmentation by Deployment
7.1 Market segments
Chart on Deployment - Market share 2023-2028 (%)
Data Table on Deployment - Market share 2023-2028 (%)
7.2 Comparison by Deployment
Chart on Comparison by Deployment
Data Table on Comparison by Deployment
7.3 Cloud-based - Market size and forecast 2023-2028
Chart on Cloud-based - Market size and forecast 2023-2028 ($ million)
Data Table on Cloud-based - Market size and forecast 2023-2028 ($ million)
Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
7.4 Embedded - Market size and forecast 2023-2028
Chart on Embedded - Market size and forecast 2023-2028 ($ million)
Data Table on Embedded - Market size and forecast 2023-2028 ($ million)
Chart on Embedded - Year-over-year growth 2023-2028 (%)
Data Table on Embedded - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Deployment
Market opportunity by Deployment ($ million)
Data Table on Market opportunity by Deployment ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Advanced Voice Recognition Systems Inc.
Advanced Voice Recognition Systems Inc. - Overview
Advanced Voice Recognition Systems Inc. - Product / Service
Advanced Voice Recognition Systems Inc. - Key offerings
11.4 Alphabet Inc.
Alphabet Inc. - Overview
Alphabet Inc. - Business segments
Alphabet Inc. - Key offerings
Alphabet Inc. - Segment focus
11.5 Amazon.com Inc.
Amazon.com Inc. - Overview
Amazon.com Inc. - Business segments
Amazon.com Inc. - Key news
Amazon.com Inc. - Key offerings
Amazon.com Inc. - Segment focus
11.6 Apple Inc.
Apple Inc. - Overview
Apple Inc. - Business segments
Apple Inc. - Key news
Apple Inc. - Key offerings
Apple Inc. - Segment focus
11.7 AT&T Inc.
AT&T Inc. - Overview
AT&T Inc. - Business segments
AT&T Inc. - Key news
AT&T Inc. - Key offerings
AT&T Inc. - Segment focus
11.8 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
11.9 Koninklijke Philips N.V.
Koninklijke Philips N.V. - Overview
Koninklijke Philips N.V. - Business segments
Koninklijke Philips N.V. - Key news
Koninklijke Philips N.V. - Key offerings
Koninklijke Philips N.V. - Segment focus
11.10 LumenVox GmbH
LumenVox GmbH - Overview
LumenVox GmbH - Product / Service
LumenVox GmbH - Key offerings
11.11 M2SYS
M2SYS - Overview
M2SYS - Product / Service
M2SYS - Key offerings
11.12 Microsoft Corp.
Microsoft Corp. - Overview
Microsoft Corp. - Business segments
Microsoft Corp. - Key news
Microsoft Corp. - Key offerings
Microsoft Corp. - Segment focus
11.13 Qualcomm Inc.
Qualcomm Inc. - Overview
Qualcomm Inc. - Business segments
Qualcomm Inc. - Key news
Qualcomm Inc. - Key offerings
Qualcomm Inc. - Segment focus
11.14 Rev.com Inc.
Rev.com Inc. - Overview
Rev.com Inc. - Product / Service
Rev.com Inc. - Key offerings
11.15 Samsung Electronics Co. Ltd.
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key news
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Segment focus
11.16 Sensory Inc.
Sensory Inc. - Overview
Sensory Inc. - Product / Service
Sensory Inc. - Key offerings
11.17 Verizon Communications Inc.
Verizon Communications Inc. - Overview
Verizon Communications Inc. - Business segments
Verizon Communications Inc. - Key news
Verizon Communications Inc. - Key offerings
Verizon Communications Inc. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 5: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Voice Recognition Market For Smartphones in US 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Technology - Market share 2023-2028 (%)
Exhibits 28: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Technology
Exhibits 30: Data Table on Comparison by Technology
Exhibits 31: Chart on Automatic speech recognition - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Automatic speech recognition - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Automatic speech recognition - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Automatic speech recognition - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Text-to-speech - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Text-to-speech - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Text-to-speech - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Text-to-speech - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Technology ($ million)
Exhibits 40: Data Table on Market opportunity by Technology ($ million)
Exhibits 41: Chart on Deployment - Market share 2023-2028 (%)
Exhibits 42: Data Table on Deployment - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Deployment
Exhibits 44: Data Table on Comparison by Deployment
Exhibits 45: Chart on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Data Table on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Embedded - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Embedded - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Embedded - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Embedded - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Deployment ($ million)
Exhibits 54: Data Table on Market opportunity by Deployment ($ million)
Exhibits 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 56: Impact of drivers and challenges in 2023 and 2028
Exhibits 57: Overview on criticality of inputs and factors of differentiation
Exhibits 58: Overview on factors of disruption
Exhibits 59: Impact of key risks on business
Exhibits 60: Companies covered
Exhibits 61: Matrix on companies position and classification
Exhibits 62: Advanced Voice Recognition Systems Inc. - Overview
Exhibits 63: Advanced Voice Recognition Systems Inc. - Product / Service
Exhibits 64: Advanced Voice Recognition Systems Inc. - Key offerings
Exhibits 65: Alphabet Inc. - Overview
Exhibits 66: Alphabet Inc. - Business segments
Exhibits 67: Alphabet Inc. - Key offerings
Exhibits 68: Alphabet Inc. - Segment focus
Exhibits 69: Amazon.com Inc. - Overview
Exhibits 70: Amazon.com Inc. - Business segments
Exhibits 71: Amazon.com Inc. - Key news
Exhibits 72: Amazon.com Inc. - Key offerings
Exhibits 73: Amazon.com Inc. - Segment focus
Exhibits 74: Apple Inc. - Overview
Exhibits 75: Apple Inc. - Business segments
Exhibits 76: Apple Inc. - Key news
Exhibits 77: Apple Inc. - Key offerings
Exhibits 78: Apple Inc. - Segment focus
Exhibits 79: AT&T Inc. - Overview
Exhibits 80: AT&T Inc. - Business segments
Exhibits 81: AT&T Inc. - Key news
Exhibits 82: AT&T Inc. - Key offerings
Exhibits 83: AT&T Inc. - Segment focus
Exhibits 84: International Business Machines Corp. - Overview
Exhibits 85: International Business Machines Corp. - Business segments
Exhibits 86: International Business Machines Corp. - Key news
Exhibits 87: International Business Machines Corp. - Key offerings
Exhibits 88: International Business Machines Corp. - Segment focus
Exhibits 89: Koninklijke Philips N.V. - Overview
Exhibits 90: Koninklijke Philips N.V. - Business segments
Exhibits 91: Koninklijke Philips N.V. - Key news
Exhibits 92: Koninklijke Philips N.V. - Key offerings
Exhibits 93: Koninklijke Philips N.V. - Segment focus
Exhibits 94: LumenVox GmbH - Overview
Exhibits 95: LumenVox GmbH - Product / Service
Exhibits 96: LumenVox GmbH - Key offerings
Exhibits 97: M2SYS - Overview
Exhibits 98: M2SYS - Product / Service
Exhibits 99: M2SYS - Key offerings
Exhibits 100: Microsoft Corp. - Overview
Exhibits 101: Microsoft Corp. - Business segments
Exhibits 102: Microsoft Corp. - Key news
Exhibits 103: Microsoft Corp. - Key offerings
Exhibits 104: Microsoft Corp. - Segment focus
Exhibits 105: Qualcomm Inc. - Overview
Exhibits 106: Qualcomm Inc. - Business segments
Exhibits 107: Qualcomm Inc. - Key news
Exhibits 108: Qualcomm Inc. - Key offerings
Exhibits 109: Qualcomm Inc. - Segment focus
Exhibits 110: Rev.com Inc. - Overview
Exhibits 111: Rev.com Inc. - Product / Service
Exhibits 112: Rev.com Inc. - Key offerings
Exhibits 113: Samsung Electronics Co. Ltd. - Overview
Exhibits 114: Samsung Electronics Co. Ltd. - Business segments
Exhibits 115: Samsung Electronics Co. Ltd. - Key news
Exhibits 116: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 117: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 118: Sensory Inc. - Overview
Exhibits 119: Sensory Inc. - Product / Service
Exhibits 120: Sensory Inc. - Key offerings
Exhibits 121: Verizon Communications Inc. - Overview
Exhibits 122: Verizon Communications Inc. - Business segments
Exhibits 123: Verizon Communications Inc. - Key news
Exhibits 124: Verizon Communications Inc. - Key offerings
Exhibits 125: Verizon Communications Inc. - Segment focus
Exhibits 126: Inclusions checklist
Exhibits 127: Exclusions checklist
Exhibits 128: Currency conversion rates for US$
Exhibits 129: Research methodology
Exhibits 130: Information sources
Exhibits 131: Data validation
Exhibits 132: Validation techniques employed for market sizing
Exhibits 133: Data synthesis
Exhibits 134: 360 degree market analysis
Exhibits 135: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global voice recognition for smartphones market in us: 3M Co., Advanced Voice Recognition Systems Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., AT&T Inc., Aware Inc., Baidu Inc., International Business Machines Corp., Koninklijke Philips N.V., LumenVox GmbH, M2SYS, Microsoft Corp., Qualcomm Inc., Rev.com Inc., Samsung Electronics Co. Ltd., Sensory Inc., Sonix Inc., Summa Linguae Technologies S.A., and Verizon Communications Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing use of ai integrated with voice speech recognition."

According to the report, one of the major drivers for this market is the increasing adoption of technologically advanced mobile devices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Co.
  • Advanced Voice Recognition Systems Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • AT&T Inc.
  • Aware Inc.
  • Baidu Inc.
  • International Business Machines Corp.
  • Koninklijke Philips N.V.
  • LumenVox GmbH
  • M2SYS
  • Microsoft Corp.
  • Qualcomm Inc.
  • Rev.com Inc.
  • Samsung Electronics Co. Ltd.
  • Sensory Inc.
  • Sonix Inc.
  • Summa Linguae Technologies S.A.
  • Verizon Communications Inc.