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Global AI for Speech Recognition Market Research Report 2024
Synopsis
Speech recognition is technology that can recognize spoken words, which can then be converted to text. A subset of speech recognition is voice recognition, which is the technology for identifying a person based on their voice.
The global AI for Speech Recognition market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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 1/108 of that of the United States.
This report aims to provide a comprehensive presentation of the global market for AI for Speech Recognition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI for Speech Recognition.
Report Scope
The AI for Speech Recognition market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global AI for Speech Recognition market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the AI for Speech Recognition companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Microsoft Corporation
Alphabet Inc.
Cantab Research Limited
Sensory, Inc.
ReadSpeaker Holding B.V.
Pareteum Corporation
Iflytek Co., Ltd.
VoiceVault Inc.
VoiceBox Technologies Corp.
LumenVox, LLC (US)
Acapela Group SA
BioTrust
Segment by Type
Software
Hardware
Segment by Application
Smart Home
Vehicle System
Medical and Healthcare
Education
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of AI for Speech Recognition companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Speech recognition is technology that can recognize spoken words, which can then be converted to text. A subset of speech recognition is voice recognition, which is the technology for identifying a person based on their voice.
The global AI for Speech Recognition market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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 1/108 of that of the United States.
This report aims to provide a comprehensive presentation of the global market for AI for Speech Recognition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI for Speech Recognition.
Report Scope
The AI for Speech Recognition market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global AI for Speech Recognition market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the AI for Speech Recognition companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Microsoft Corporation
Alphabet Inc.
Cantab Research Limited
Sensory, Inc.
ReadSpeaker Holding B.V.
Pareteum Corporation
Iflytek Co., Ltd.
VoiceVault Inc.
VoiceBox Technologies Corp.
LumenVox, LLC (US)
Acapela Group SA
BioTrust
Segment by Type
Software
Hardware
Segment by Application
Smart Home
Vehicle System
Medical and Healthcare
Education
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of AI for Speech Recognition companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global AI for Speech Recognition Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Software
1.2.3 Hardware
1.3 Market by Application
1.3.1 Global AI for Speech Recognition Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Smart Home
1.3.3 Vehicle System
1.3.4 Medical and Healthcare
1.3.5 Education
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global AI for Speech Recognition Market Perspective (2019-2030)
2.2 AI for Speech Recognition Growth Trends by Region
2.2.1 Global AI for Speech Recognition Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 AI for Speech Recognition Historic Market Size by Region (2019-2024)
2.2.3 AI for Speech Recognition Forecasted Market Size by Region (2025-2030)
2.3 AI for Speech Recognition Market Dynamics
2.3.1 AI for Speech Recognition Industry Trends
2.3.2 AI for Speech Recognition Market Drivers
2.3.3 AI for Speech Recognition Market Challenges
2.3.4 AI for Speech Recognition Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top AI for Speech Recognition Players by Revenue
3.1.1 Global Top AI for Speech Recognition Players by Revenue (2019-2024)
3.1.2 Global AI for Speech Recognition Revenue Market Share by Players (2019-2024)
3.2 Global AI for Speech Recognition Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by AI for Speech Recognition Revenue
3.4 Global AI for Speech Recognition Market Concentration Ratio
3.4.1 Global AI for Speech Recognition Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by AI for Speech Recognition Revenue in 2023
3.5 AI for Speech Recognition Key Players Head office and Area Served
3.6 Key Players AI for Speech Recognition Product Solution and Service
3.7 Date of Enter into AI for Speech Recognition Market
3.8 Mergers & Acquisitions, Expansion Plans
4 AI for Speech Recognition Breakdown Data by Type
4.1 Global AI for Speech Recognition Historic Market Size by Type (2019-2024)
4.2 Global AI for Speech Recognition Forecasted Market Size by Type (2025-2030)
5 AI for Speech Recognition Breakdown Data by Application
5.1 Global AI for Speech Recognition Historic Market Size by Application (2019-2024)
5.2 Global AI for Speech Recognition Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America AI for Speech Recognition Market Size (2019-2030)
6.2 North America AI for Speech Recognition Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America AI for Speech Recognition Market Size by Country (2019-2024)
6.4 North America AI for Speech Recognition Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe AI for Speech Recognition Market Size (2019-2030)
7.2 Europe AI for Speech Recognition Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe AI for Speech Recognition Market Size by Country (2019-2024)
7.4 Europe AI for Speech Recognition Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific AI for Speech Recognition Market Size (2019-2030)
8.2 Asia-Pacific AI for Speech Recognition Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific AI for Speech Recognition Market Size by Region (2019-2024)
8.4 Asia-Pacific AI for Speech Recognition Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America AI for Speech Recognition Market Size (2019-2030)
9.2 Latin America AI for Speech Recognition Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America AI for Speech Recognition Market Size by Country (2019-2024)
9.4 Latin America AI for Speech Recognition Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa AI for Speech Recognition Market Size (2019-2030)
10.2 Middle East & Africa AI for Speech Recognition Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa AI for Speech Recognition Market Size by Country (2019-2024)
10.4 Middle East & Africa AI for Speech Recognition Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Microsoft Corporation
11.1.1 Microsoft Corporation Company Detail
11.1.2 Microsoft Corporation Business Overview
11.1.3 Microsoft Corporation AI for Speech Recognition Introduction
11.1.4 Microsoft Corporation Revenue in AI for Speech Recognition Business (2019-2024)
11.1.5 Microsoft Corporation Recent Development
11.2 Alphabet Inc.
11.2.1 Alphabet Inc. Company Detail
11.2.2 Alphabet Inc. Business Overview
11.2.3 Alphabet Inc. AI for Speech Recognition Introduction
11.2.4 Alphabet Inc. Revenue in AI for Speech Recognition Business (2019-2024)
11.2.5 Alphabet Inc. Recent Development
11.3 Cantab Research Limited
11.3.1 Cantab Research Limited Company Detail
11.3.2 Cantab Research Limited Business Overview
11.3.3 Cantab Research Limited AI for Speech Recognition Introduction
11.3.4 Cantab Research Limited Revenue in AI for Speech Recognition Business (2019-2024)
11.3.5 Cantab Research Limited Recent Development
11.4 Sensory, Inc.
11.4.1 Sensory, Inc. Company Detail
11.4.2 Sensory, Inc. Business Overview
11.4.3 Sensory, Inc. AI for Speech Recognition Introduction
11.4.4 Sensory, Inc. Revenue in AI for Speech Recognition Business (2019-2024)
11.4.5 Sensory, Inc. Recent Development
11.5 ReadSpeaker Holding B.V.
11.5.1 ReadSpeaker Holding B.V. Company Detail
11.5.2 ReadSpeaker Holding B.V. Business Overview
11.5.3 ReadSpeaker Holding B.V. AI for Speech Recognition Introduction
11.5.4 ReadSpeaker Holding B.V. Revenue in AI for Speech Recognition Business (2019-2024)
11.5.5 ReadSpeaker Holding B.V. Recent Development
11.6 Pareteum Corporation
11.6.1 Pareteum Corporation Company Detail
11.6.2 Pareteum Corporation Business Overview
11.6.3 Pareteum Corporation AI for Speech Recognition Introduction
11.6.4 Pareteum Corporation Revenue in AI for Speech Recognition Business (2019-2024)
11.6.5 Pareteum Corporation Recent Development
11.7 Iflytek Co., Ltd.
11.7.1 Iflytek Co., Ltd. Company Detail
11.7.2 Iflytek Co., Ltd. Business Overview
11.7.3 Iflytek Co., Ltd. AI for Speech Recognition Introduction
11.7.4 Iflytek Co., Ltd. Revenue in AI for Speech Recognition Business (2019-2024)
11.7.5 Iflytek Co., Ltd. Recent Development
11.8 VoiceVault Inc.
11.8.1 VoiceVault Inc. Company Detail
11.8.2 VoiceVault Inc. Business Overview
11.8.3 VoiceVault Inc. AI for Speech Recognition Introduction
11.8.4 VoiceVault Inc. Revenue in AI for Speech Recognition Business (2019-2024)
11.8.5 VoiceVault Inc. Recent Development
11.9 VoiceBox Technologies Corp.
11.9.1 VoiceBox Technologies Corp. Company Detail
11.9.2 VoiceBox Technologies Corp. Business Overview
11.9.3 VoiceBox Technologies Corp. AI for Speech Recognition Introduction
11.9.4 VoiceBox Technologies Corp. Revenue in AI for Speech Recognition Business (2019-2024)
11.9.5 VoiceBox Technologies Corp. Recent Development
11.10 LumenVox, LLC (US)
11.10.1 LumenVox, LLC (US) Company Detail
11.10.2 LumenVox, LLC (US) Business Overview
11.10.3 LumenVox, LLC (US) AI for Speech Recognition Introduction
11.10.4 LumenVox, LLC (US) Revenue in AI for Speech Recognition Business (2019-2024)
11.10.5 LumenVox, LLC (US) Recent Development
11.11 Acapela Group SA
11.11.1 Acapela Group SA Company Detail
11.11.2 Acapela Group SA Business Overview
11.11.3 Acapela Group SA AI for Speech Recognition Introduction
11.11.4 Acapela Group SA Revenue in AI for Speech Recognition Business (2019-2024)
11.11.5 Acapela Group SA Recent Development
11.12 BioTrust
11.12.1 BioTrust Company Detail
11.12.2 BioTrust Business Overview
11.12.3 BioTrust AI for Speech Recognition Introduction
11.12.4 BioTrust Revenue in AI for Speech Recognition Business (2019-2024)
11.12.5 BioTrust Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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