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Artificial Intelligence Speech Recognition System-Global Market Insights and Sales Trends 2025
Synopsis
The global Artificial Intelligence Speech Recognition System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Intelligence Speech Recognition System in various end use industries. The expanding demands from the Media and Marketing, Telecommunications, Medical and Healthcare and Education, are propelling Artificial Intelligence Speech Recognition System market. Software, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Service segment is estimated at % CAGR for the next seven-year period.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/22 of that of the United States.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Intelligence Speech Recognition System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Intelligence Speech Recognition System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Intelligence Speech Recognition System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Intelligence Speech Recognition System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Intelligence Speech Recognition System covered in this report include Amazon, Google, Microsoft, Apple, Baidu, Facebook, Intelligent Voice, Vonage and Sensory, etc.
The global Artificial Intelligence Speech Recognition System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Amazon
Google
Microsoft
Apple
Baidu
Facebook
Intelligent Voice
Vonage
Sensory
Spitch
Devsu
Nuance Communication
IBM Corporation
Agniio
Verint Systems
iFLYTEK
Global Artificial Intelligence Speech Recognition System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Intelligence Speech Recognition System market, Segment by Type:
Software
Service
Global Artificial Intelligence Speech Recognition System market, by Application
Media and Marketing
Telecommunications
Medical and Healthcare
Education
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Artificial Intelligence Speech Recognition System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Artificial Intelligence Speech Recognition System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Intelligence Speech Recognition System in various end use industries. The expanding demands from the Media and Marketing, Telecommunications, Medical and Healthcare and Education, are propelling Artificial Intelligence Speech Recognition System market. Software, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Service segment is estimated at % CAGR for the next seven-year period.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/22 of that of the United States.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Intelligence Speech Recognition System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Intelligence Speech Recognition System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Intelligence Speech Recognition System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Intelligence Speech Recognition System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Intelligence Speech Recognition System covered in this report include Amazon, Google, Microsoft, Apple, Baidu, Facebook, Intelligent Voice, Vonage and Sensory, etc.
The global Artificial Intelligence Speech Recognition System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Amazon
Microsoft
Apple
Baidu
Intelligent Voice
Vonage
Sensory
Spitch
Devsu
Nuance Communication
IBM Corporation
Agniio
Verint Systems
iFLYTEK
Global Artificial Intelligence Speech Recognition System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Intelligence Speech Recognition System market, Segment by Type:
Software
Service
Global Artificial Intelligence Speech Recognition System market, by Application
Media and Marketing
Telecommunications
Medical and Healthcare
Education
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Artificial Intelligence Speech Recognition System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Artificial Intelligence Speech Recognition System
1.1 Artificial Intelligence Speech Recognition System Market Overview
1.1.1 Artificial Intelligence Speech Recognition System Product Scope
1.1.2 Artificial Intelligence Speech Recognition System Market Status and Outlook
1.2 Global Artificial Intelligence Speech Recognition System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Artificial Intelligence Speech Recognition System Market Size by Region (2018-2029)
1.4 Global Artificial Intelligence Speech Recognition System Historic Market Size by Region (2018-2023)
1.5 Global Artificial Intelligence Speech Recognition System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Artificial Intelligence Speech Recognition System Market Size (2018-2029)
1.6.1 North America Artificial Intelligence Speech Recognition System Market Size (2018-2029)
1.6.2 Europe Artificial Intelligence Speech Recognition System Market Size (2018-2029)
1.6.3 Asia-Pacific Artificial Intelligence Speech Recognition System Market Size (2018-2029)
1.6.4 Latin America Artificial Intelligence Speech Recognition System Market Size (2018-2029)
1.6.5 Middle East & Africa Artificial Intelligence Speech Recognition System Market Size (2018-2029)
2 Artificial Intelligence Speech Recognition System Market by Type
2.1 Introduction
2.1.1 Software
2.1.2 Service
2.2 Global Artificial Intelligence Speech Recognition System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Artificial Intelligence Speech Recognition System Historic Market Size by Type (2018-2023)
2.2.2 Global Artificial Intelligence Speech Recognition System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Artificial Intelligence Speech Recognition System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Artificial Intelligence Speech Recognition System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Artificial Intelligence Speech Recognition System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Artificial Intelligence Speech Recognition System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Artificial Intelligence Speech Recognition System Revenue Breakdown by Type (2018-2029)
3 Artificial Intelligence Speech Recognition System Market Overview by Application
3.1 Introduction
3.1.1 Media and Marketing
3.1.2 Telecommunications
3.1.3 Medical and Healthcare
3.1.4 Education
3.1.5 Others
3.2 Global Artificial Intelligence Speech Recognition System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Artificial Intelligence Speech Recognition System Historic Market Size by Application (2018-2023)
3.2.2 Global Artificial Intelligence Speech Recognition System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Artificial Intelligence Speech Recognition System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Artificial Intelligence Speech Recognition System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Artificial Intelligence Speech Recognition System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Artificial Intelligence Speech Recognition System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Artificial Intelligence Speech Recognition System Revenue Breakdown by Application (2018-2029)
4 Artificial Intelligence Speech Recognition System Competition Analysis by Players
4.1 Global Artificial Intelligence Speech Recognition System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Intelligence Speech Recognition System as of 2022)
4.3 Date of Key Players Enter into Artificial Intelligence Speech Recognition System Market
4.4 Global Top Players Artificial Intelligence Speech Recognition System Headquarters and Area Served
4.5 Key Players Artificial Intelligence Speech Recognition System Product Solution and Service
4.6 Competitive Status
4.6.1 Artificial Intelligence Speech Recognition System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Amazon
5.1.1 Amazon Profile
5.1.2 Amazon Main Business
5.1.3 Amazon Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.1.4 Amazon Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.1.5 Amazon Recent Developments
5.2 Google
5.2.1 Google Profile
5.2.2 Google Main Business
5.2.3 Google Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.2.4 Google Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.2.5 Google Recent Developments
5.3 Microsoft
5.3.1 Microsoft Profile
5.3.2 Microsoft Main Business
5.3.3 Microsoft Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.3.4 Microsoft Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.3.5 Apple Recent Developments
5.4 Apple
5.4.1 Apple Profile
5.4.2 Apple Main Business
5.4.3 Apple Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.4.4 Apple Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.4.5 Apple Recent Developments
5.5 Baidu
5.5.1 Baidu Profile
5.5.2 Baidu Main Business
5.5.3 Baidu Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.5.4 Baidu Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.5.5 Baidu Recent Developments
5.6 Facebook
5.6.1 Facebook Profile
5.6.2 Facebook Main Business
5.6.3 Facebook Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.6.4 Facebook Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.6.5 Facebook Recent Developments
5.7 Intelligent Voice
5.7.1 Intelligent Voice Profile
5.7.2 Intelligent Voice Main Business
5.7.3 Intelligent Voice Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.7.4 Intelligent Voice Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.7.5 Intelligent Voice Recent Developments
5.8 Vonage
5.8.1 Vonage Profile
5.8.2 Vonage Main Business
5.8.3 Vonage Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.8.4 Vonage Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.8.5 Vonage Recent Developments
5.9 Sensory
5.9.1 Sensory Profile
5.9.2 Sensory Main Business
5.9.3 Sensory Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.9.4 Sensory Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.9.5 Sensory Recent Developments
5.10 Spitch
5.10.1 Spitch Profile
5.10.2 Spitch Main Business
5.10.3 Spitch Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.10.4 Spitch Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.10.5 Spitch Recent Developments
5.11 Devsu
5.11.1 Devsu Profile
5.11.2 Devsu Main Business
5.11.3 Devsu Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.11.4 Devsu Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.11.5 Devsu Recent Developments
5.12 Nuance Communication
5.12.1 Nuance Communication Profile
5.12.2 Nuance Communication Main Business
5.12.3 Nuance Communication Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.12.4 Nuance Communication Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.12.5 Nuance Communication Recent Developments
5.13 IBM Corporation
5.13.1 IBM Corporation Profile
5.13.2 IBM Corporation Main Business
5.13.3 IBM Corporation Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.13.4 IBM Corporation Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.13.5 IBM Corporation Recent Developments
5.14 Agniio
5.14.1 Agniio Profile
5.14.2 Agniio Main Business
5.14.3 Agniio Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.14.4 Agniio Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.14.5 Agniio Recent Developments
5.15 Verint Systems
5.15.1 Verint Systems Profile
5.15.2 Verint Systems Main Business
5.15.3 Verint Systems Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.15.4 Verint Systems Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.15.5 Verint Systems Recent Developments
5.16 iFLYTEK
5.16.1 iFLYTEK Profile
5.16.2 iFLYTEK Main Business
5.16.3 iFLYTEK Artificial Intelligence Speech Recognition System Products, Services and Solutions
5.16.4 iFLYTEK Artificial Intelligence Speech Recognition System Revenue (US$ Million) & (2018-2023)
5.16.5 iFLYTEK Recent Developments
6 North America
6.1 North America Artificial Intelligence Speech Recognition System Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Artificial Intelligence Speech Recognition System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Artificial Intelligence Speech Recognition System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Artificial Intelligence Speech Recognition System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Artificial Intelligence Speech Recognition System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Artificial Intelligence Speech Recognition System Market Dynamics
11.1 Artificial Intelligence Speech Recognition System Industry Trends
11.2 Artificial Intelligence Speech Recognition System Market Drivers
11.3 Artificial Intelligence Speech Recognition System Market Challenges
11.4 Artificial Intelligence Speech Recognition System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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