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Far-Field Speech and Voice Recognition - Global Market Trajectory & Analytics

  • ID: 5302666
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Alango
  • DSP Group
  • Knowles
  • Microsemi
  • Retune-DSP
  • Synaptics
Global Far-Field Speech and Voice Recognition Market to Reach $5.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Far-Field Speech and Voice Recognition estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$5.4 Billion by 2027, growing at a CAGR of 20.6% over the analysis period 2020-2027. Microphones, one of the segments analyzed in the report, is projected to record a 19.3% CAGR and reach US$2 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 Digital Signal Processors segment is readjusted to a revised 21.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $429.4 Million, While China is Forecast to Grow at 20.3% CAGR

The Far-Field Speech and Voice Recognition market in the U.S. is estimated at US$429.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$944.4 Million by the year 2027 trailing a CAGR of 20.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.5% and 17.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.

Software Segment to Record 21.9% CAGR

In the global Software segment, USA, Canada, Japan, China and Europe will drive the 21.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$278 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$631 Million by the year 2027.

Select Competitors (Total 36 Featured):
  • Alango
  • Andrea Electronics
  • Cirrus Logic
  • DSP Group
  • Fortemedia
  • Harman
  • Knowles
  • Matrix Labs
  • Meeami Technologies
  • Microsemi
  • Mightyworks
  • Qualcomm
  • Retune-DSP
  • Sensory
  • Stmicroelectronics
  • Synaptics
  • Texas Instruments
  • Vesper Technologies
  • Vocal Technologies
  • XMOS
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alango
  • DSP Group
  • Knowles
  • Microsemi
  • Retune-DSP
  • Synaptics
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Far-Field Speech and Voice Recognition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Far-Field Speech and Voice Recognition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Microphones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Microphones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Digital Signal Processors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Digital Signal Processors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Smart Speakers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Smart Speakers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for Smart TV / STB by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Smart TV / STB by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 15: World Current & Future Analysis for Robotics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 16: World 7-Year Perspective for Robotics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 17: World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 18: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 19: USA Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 20: USA 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 21: USA Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 22: USA 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • CANADA
  • Table 23: Canada Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 24: Canada 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 25: Canada Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: Canada 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • JAPAN
  • Table 27: Japan Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 28: Japan 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 29: Japan Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 30: Japan 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • CHINA
  • Table 31: China Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 32: China 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 33: China Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 34: China 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • EUROPE
  • Table 35: Europe Current & Future Analysis for Far-Field Speech and Voice Recognition by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 36: Europe 7-Year Perspective for Far-Field Speech and Voice Recognition by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 37: Europe Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: Europe 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 39: Europe Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 40: Europe 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • FRANCE
  • Table 41: France Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 42: France 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 43: France Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 44: France 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • GERMANY
  • Table 45: Germany Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 46: Germany 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 47: Germany Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 48: Germany 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • ITALY
  • Table 49: Italy Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 50: Italy 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 51: Italy Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 52: Italy 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 53: UK Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 54: UK 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 55: UK Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 56: UK 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 57: Rest of Europe Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 58: Rest of Europe 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 59: Rest of Europe Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 60: Rest of Europe 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 61: Asia-Pacific Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 62: Asia-Pacific 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 63: Asia-Pacific Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 64: Asia-Pacific 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
  • REST OF WORLD
  • Table 65: Rest of World Current & Future Analysis for Far-Field Speech and Voice Recognition by Component - Microphones, Digital Signal Processors and Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 66: Rest of World 7-Year Perspective for Far-Field Speech and Voice Recognition by Component - Percentage Breakdown of Value Sales for Microphones, Digital Signal Processors and Software for the Years 2020 & 2027
  • Table 67: Rest of World Current & Future Analysis for Far-Field Speech and Voice Recognition by Application - Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 68: Rest of World 7-Year Perspective for Far-Field Speech and Voice Recognition by Application - Percentage Breakdown of Value Sales for Smart Speakers, Smart TV / STB, Automotive, Robotics and Other Applications for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 36
Note: Product cover images may vary from those shown
  • Alango
  • Andrea Electronics
  • Cirrus Logic
  • DSP Group
  • Fortemedia
  • Harman
  • Knowles
  • Matrix Labs
  • Meeami Technologies
  • Microsemi
  • Mightyworks
  • Qualcomm
  • Retune-DSP
  • Sensory
  • Stmicroelectronics
  • Synaptics
  • Texas Instruments
  • Vesper Technologies
  • Vocal Technologies
  • XMOS
Note: Product cover images may vary from those shown
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