Global Speech and Voice Recognition Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025

  • ID: 4516106
  • Report
  • Region: Global
  • 310 pages
  • Data Bridge Market Research Private Limited
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FEATURED COMPANIES

  • Acapela Group SA
  • Cantab Research Limited
  • IFLYTEK CO. LTD.
  • LumenVox, LLC.
  • Pareteum
  • Sensory
  • MORE
Global speech and voice recognition is expected to reach USD 6,770.21 Million by 2025 from USD 1,095.00 Million in 2017, at a CAGR of 25.7% in the forecast period 2018 to 2025.

The major factors driving the growth of this market are the effective integration due to increased demand for voice and speech-based biometric systems, increasing demand for voice authentication in mobile applications and use of artificial intelligence (AI) on the accuracy of speech and voice recognition. On the other hand, disadvantages related to speech and voice recognition systems may hinder the growth of the market.

The key market players for Global speech and voice recognition market are listed below:
  • Nuance Communications, Inc.
  • Microsoft
  • IFLYTEK CO. LTD.
  • HOYA Corporation
  • Raytheon
  • Advanced Voice Recognition Systems, Inc.
  • Pareteum
  • Sensory
  • IncVoiceVault Inc.
  • LumenVox, LLC.
  • Acapela Group SA
  • VocalZoom
  • BioTrust
  • Uniphore
  • Voicebox Technologies Corporation
  • Cantab Research Limited
The market is further segmented into:
  • Technology
  • Product Type
  • Deployment
  • Industry Type
  • Geography
The global speech and voice recognition market is segmented on the basis of technology, product type, deployment, industry and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.

The global speech and voice recognition market is segmented based on technology into two notable segments; artificial intelligence based software and traditional software. The Speech and voice recognition market is dominated by artificial intelligence based software with 70.0% market share in 2017 and is expected to grow at the highest CAGR of 28.1% in the forecast period.

The global speech and voice recognition market is segmented based on technology into two notable segments system; speech recognition software and voice recognition software. Speech recognition software is sub segmented on the basis of product type and usage. On the basis of product type, speech recognition software is sub segmented into text to speech and speech to text. Speech to text is further sub segmented into binary and multilingual. On the basis of usage, speech recognition software is sub segmented into back end, front end and end to end. Voice recognition software is sub segmented into voice verification software and voice identification software. The speech and voice recognition market is dominated by speech recognition software with 84.5% market share in 2017 and is expected to grow at the highest CAGR of 26.9% in the forecast period.

The global speech and voice recognition market is segmented based on deployment into two notable segments; artificial intelligence based cloud based and on premise.

The global speech and voice recognition market is segmented based on industry into eight notable segments system; entertainment and mobile apps, banking, healthcare, automobiles, analytics, security, education and academics and others.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa

Based on geography, the Global speech and voice recognition market is segmented into geographical regions, such as:
  • North- America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
Covered in this report

The report covers the present scenario and the growth prospects of the Global speech and voice recognition market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

You can request one free hour of our analyst’s time when you purchase this market report.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Acapela Group SA
  • Cantab Research Limited
  • IFLYTEK CO. LTD.
  • LumenVox, LLC.
  • Pareteum
  • Sensory
  • MORE
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Overview of Global Speech and Voice Recognition Market
1.4. Currency and Pricing
1.5. Limitation
1.6. Markets Covered

2. Market Segmentation
2.1. Markets Covered
2.2. Geographic Scope
2.3. Years Considered For the Study
2.4. Currency and Pricing
2.5. Research Methodology
2.6. Primary Interviews With Key Opinion Leaders
2.7. Secondary Sources
2.8. Assumptions

3. Market Overview
3.1. Drivers
3.1.1. Increased Demand For Voice and Speech-Based Biometric Systems
3.1.2. Increasing Demand For Voice Authentication in Mobile Applications
3.1.3. Use Artificial Intelligence (Ai) On the Accuracy of Speech and Voice Recognition
3.2. Restraints
3.2.1. Disadvantages Related to Speech and Voice Recognition Systems
3.3. Opportunity
3.3.1. Development of Speech and Voice Recognition Software For Multi-Linguistics and Local Languages
3.3.2. Speech and Voice Recognition Technology Used in Autonomous Cars
3.3.3. Use of Speech and Voice Recognition in Service Robotics
3.3.4. Use of Speech and Voice Recognition Technology in the Education of Temporarily and Permanently Disabled Students
3.4. Challenges
3.4.1. Limitations in Speech and Voice Based Techologies
3.4.2. Incompetence to Suppress Ambient Noise By Speech and Voice Technologies

4. Executive Summary

5. Premium Insights

6. Global Speech and Voice Recognition Market, By Technology
6.1. Overview
6.2. Artificial Intelligence Based Sotware
6.3. Traditional Software

7. Global Speech and Voice Recognition Market, By Product Type
7.1. Overview
7.2. Speech Recognition Software
7.2.1. Speech-To-Text
7.2.1.1. Binary
7.2.1.2. Multilingual
7.2.2. Text-To-Speech
7.3. Speech Recognition Software, By Usage
7.3.1. Front End
7.3.2. Back End
7.3.3. End-To-End
7.4. Voice Recognition Software
7.5. Voice Verification Software
7.6. Voice Identification Software

8. Global Speech and Voice Recognition Market, By Deployment
8.1. Overview
8.2. Cloud
8.3. On-Premise

9. Global Speech and Voice Recognition Market, By Industry
9.1. Overview
9.2. Automobiles
9.3. Security
9.4. Education & Academics
9.5. Healthcare
9.6. Banking
9.7. Analytics
9.8. Entertainment and Mobile Apps
9.9. Others

10. Global Speech and Voice Recognition Market, By Geography
10.1. Overview
10.2. Asia-Pacific
10.2.1. Japan
10.2.2. China
10.2.3. India
10.2.4. South Korea
10.2.5. Australia
10.2.6. Singapore
10.2.7. Thailand
10.2.8. Malaysia
10.2.9. Indonesia
10.2.10. Philippines
10.2.11. Rest of Asia-Pacific
10.3. North America
10.3.1. U.S.
10.3.2. Canada
10.3.3. Mexico
10.4. Europe
10.4.1. Germany
10.4.2. France
10.4.3. U.K.
10.4.4. Netherlands
10.4.5. Belgium
10.4.6. Italy
10.4.7. Spain
10.4.8. Switzerland
10.4.9. Turkey
10.4.10. Russia
10.4.11. Rest of Europe
10.5. Middle East and Africa
10.5.1. South Africa
10.5.2. Rest of Middle East and Africa
10.6. South America
10.6.1. Brazil
10.6.2. Rest of South America

11. Global Speech and Voice Recognition Market, Company Landscape
11.1. Company Share Analysis: Global
11.2. Company Share Analysis: North America
11.3. Company Share Analysis: Europe
11.4. Company Share Analysis: Asia Pacific

12. Company Profiles
12.1. Nuance Communications, Inc.
12.1.1. Company Overview
12.1.2. Nuance Communications, Inc.: Revenue Analysis
12.1.3. Product Portfolio
12.1.4. Recent Developments
12.2. Sensory Inc.
12.2.1. Company Overview
12.2.2. Sensory, Inc.: Company Snapshot
12.2.3. Product Portfolio
12.2.4. Recent Developments
12.3. Cantab Research Limited
12.3.1. Company Overview
12.3.2. Cantab Research Limited: Company Snapshot
12.3.3. Product Portfolio
12.3.4. Recent Developments
12.4. Hoya Corporation
12.4.1. Company Overview
12.4.2. Hoya Corporation: Revenue Analysis
12.4.3. Product Portfolio
12.4.4. Recent Developments
12.5. Pareteum
12.5.1. Company Overview
12.5.2. Pareteum: Company Snapshot
12.5.3. Product Portfolio
12.5.4. Recent Developments
12.6. Iflytek Co. Ltd.
12.6.1. Company Overview
12.6.2. Iflytek Co. Ltd.: Company Snapshot
12.6.3. Product Portfolio
12.6.4. Recent Developments
12.7. Voicevault Inc.
12.7.1. Company Overview
12.7.2. Voicevault Inc. : Company Snapshot
12.7.3. Product Portfolio
12.7.4. Recent Developments
12.8. Voicebox Technologies Corporation
12.8.1. Company Overview
12.8.2. Voice Box Technologies Corporation : Company Snapshot
12.8.3. Product Portfolio
12.8.4. Recent Developments
12.9. Lumenvox, Llc.
12.9.1. Company Overview
12.9.2. Lumen Vox, Llc: Company Snapshot
12.9.3. Product Portfolio
12.9.4. Recent Developments
12.10. Acapela Group Sa
12.10.1. Company Overview
12.10.2. Acapela Group Sa : Company Snapshot
12.10.3. Product Portfolio
12.10.4. Recent Developments
12.11. Vocalzoom
12.11.1. Company Overview
12.11.2. Vocalzoom : Company Snapshot
12.11.3. Product Portfolio
12.11.4. Recent Developments
12.12. Biotrust
12.12.1. Company Overview
12.12.2. Biotrust : Company Snapshot
12.12.3. Product Portfolio
12.12.4. Recent Developments
12.13. Uniphore
12.13.1. Company Overview
12.13.2. Uniphore : Company Snapshot
12.13.3. Product Portfolio
12.13.4. Recent Developments
12.14. Raytheon Company
12.14.1. Company Overview
12.14.2. Raytheon Company : Company Snapshot
12.14.3. Product Portfolio
12.14.4. Recent Developments  

12.15. Advanced Voice Recognition Systems, Inc.
12.15.1. Company Overview
12.15.2. Advanced Voice Recognition Systems, Inc: Revenue Analysis
12.15.3. Product Portfolio
12.15.4. Recent Developments
12.16. Microsoft
12.16.1. Company Overview
12.16.2. Microsoft: Revenue Analysis
12.16.3. Product Portfolio
12.16.4. Recent Developments

13. Related Reports
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  • Nuance Communications, Inc.
  • Microsoft
  • IFLYTEK CO. LTD.
  • HOYA Corporation
  • Raytheon
  • Advanced Voice Recognition Systems, Inc.
  • Pareteum
  • Sensory
  • IncVoiceVault Inc.
  • LumenVox, LLC.
  • Acapela Group SA
  • VocalZoom
  • BioTrust
  • Uniphore
  • Voicebox Technologies Corporation
  • Cantab Research Limited
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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