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The voice and language intelligence market is forecasted to grow by USD 51.47 billion during 2024-2029, accelerating at a CAGR of 30.8% during the forecast period. The report on the voice and language intelligence market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 strategic imperative for enhanced customer experience and personalization, rapid advancement and accessibility of core AI technologies, and growing demand for operational efficiency and data-driven decision-making.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The voice and language intelligence market is segmented as below:
By Component
- Software
- Services
By Application
- Live transcription
- Document digitization
- Customer support
- Language translation
- Others
By End-user
- Healthcare
- IT and telecommunication
- Automotive
- BFSI
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the voice and language intelligence market covers the following areas:
- Voice And Language Intelligence Market sizing
- Voice And Language Intelligence Market forecast
- Voice And Language Intelligence Market industry analysis
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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Component
8 Market Segmentation by Application
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global voice and language intelligence market: Amazon Web Services Inc., Apple Inc., AssemblyAI, Auraya Systems Pty. Ltd., Baidu Inc., Cerence Inc., Eleven Labs Inc., Google LLC, International Business Machines Corp., iFLYTEK Co. Ltd., Microsoft Corp., NICE Ltd., Phonexia Sro, Rev AI, Samsung Electronics Co. Ltd., Sensory Inc., SoundHound AI Inc., Speechmatics, and Verint Systems Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is pervasive integration of generative AI for advanced automation and content creation."
According to the report, one of the major drivers for this market is the strategic imperative for enhanced customer experience and personalization.
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:
- Amazon Web Services Inc.
- Apple Inc.
- AssemblyAI
- Auraya Systems Pty. Ltd.
- Baidu Inc.
- Cerence Inc.
- Eleven Labs Inc.
- Google LLC
- International Business Machines Corp.
- iFLYTEK Co. Ltd.
- Microsoft Corp.
- NICE Ltd.
- Phonexia Sro
- Rev AI
- Samsung Electronics Co. Ltd.
- Sensory Inc.
- SoundHound AI Inc.
- Speechmatics
- Verint Systems Inc.