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Speech Analytics - Global Market Trajectory & Analytics

  • ID: 4806097
  • Report
  • April 2021
  • Region: Global
  • 222 Pages
  • Global Industry Analysts, Inc
Global Speech Analytics Market to Reach $4.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Speech Analytics estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at a CAGR of 17.9% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 17.4% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 18.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $380.5 Million, While China is Forecast to Grow at 17.2% CAGR

The Speech Analytics market in the U.S. is estimated at US$380.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$701.5 Million by the year 2027 trailing a CAGR of 17.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16% and 15.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.

Select Competitors (Total 44 Featured):
  • Almawave S.r.l.
  • Avaya, Inc.
  • Calabrio, Inc.
  • CallMiner, Inc.
  • Clarabridge, Inc.
  • Genesys
  • Hewlett Packard Enterprise Development LP (HPE)
  • NICE Systems Ltd.
  • Verint Systems, Inc.
  • Voci Technologies, Inc.
  • ZOOM International A.S.
Frequently Asked Questions about the Global Market for Speech Analytics

What is the estimated value of the Global Market for Speech Analytics?

The Global Market for Speech Analytics was estimated to be valued at $1.3 Billion in 2020.

What is the growth rate of the Global Market for Speech Analytics?

The growth rate of the Global Market for Speech Analytics is 17.8%, with an estimated value of $4.1 Billion by 2027.

What is the forecasted size of the Global Market for Speech Analytics?

The Global Market for Speech Analytics is estimated to be worth $4.1 Billion by 2027.
Note: Product cover images may vary from those shown

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown