

The global Speech Artificial Intelligence market size was valued at US$ 17990 million in 2024 and is forecast to a readjusted size of USD 41900 million by 2031 with a CAGR of 12.8% during review period.
Speech AI refers to a set of technologies that use machine learning and deep learning techniques to enable computers to understand and process human speech, including speech recognition, speech synthesis, natural language understanding, and speech interaction. These technologies enable devices to perform tasks such as speech-to-text, voice search, voice command control, and natural conversations with humans.
This report is a detailed and comprehensive analysis for global Speech Artificial Intelligence market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Speech Artificial Intelligence market size and forecasts, in consumption value ($ Million), 2020-2031
Global Speech Artificial Intelligence market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Speech Artificial Intelligence market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Speech Artificial Intelligence market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Speech Artificial Intelligence
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Speech Artificial Intelligence market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SoundHound AI, NVDIA, Rev AI, Speechmatics, Sensory, Inc, Phonexia, Deepgram, AssemblyAI, Voci Technologies, Cobalt Speech & Language, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Speech Artificial Intelligence market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Text-to-speech
Speech-to-text
Automatic Speech Recognition
Others
Market segment by Application
Intelligent Assistant
Virtual Customer Service
Speech Translation
Smart Home
Others
Market segment by players, this report covers
SoundHound AI
NVDIA
Rev AI
Speechmatics
Sensory, Inc
Phonexia
Deepgram
AssemblyAI
Voci Technologies
Cobalt Speech & Language
GoVivace Inc.
Google
Microsoft
Oracle
iFLYTEK
Baidu
Alibaba Group Holding
Xiaomi Corporation
Tencent Holdings Limited
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Speech Artificial Intelligence product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Speech Artificial Intelligence, with revenue, gross margin, and global market share of Speech Artificial Intelligence from 2020 to 2025.
Chapter 3, the Speech Artificial Intelligence competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Speech Artificial Intelligence market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Speech Artificial Intelligence.
Chapter 13, to describe Speech Artificial Intelligence research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Speech Artificial Intelligence by Type
1.3.1 Overview: Global Speech Artificial Intelligence Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Speech Artificial Intelligence Consumption Value Market Share by Type in 2024
1.3.3 Text-to-speech
1.3.4 Speech-to-text
1.3.5 Automatic Speech Recognition
1.3.6 Others
1.4 Global Speech Artificial Intelligence Market by Application
1.4.1 Overview: Global Speech Artificial Intelligence Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Intelligent Assistant
1.4.3 Virtual Customer Service
1.4.4 Speech Translation
1.4.5 Smart Home
1.4.6 Others
1.5 Global Speech Artificial Intelligence Market Size & Forecast
1.6 Global Speech Artificial Intelligence Market Size and Forecast by Region
1.6.1 Global Speech Artificial Intelligence Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Speech Artificial Intelligence Market Size by Region, (2020-2031)
1.6.3 North America Speech Artificial Intelligence Market Size and Prospect (2020-2031)
1.6.4 Europe Speech Artificial Intelligence Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Speech Artificial Intelligence Market Size and Prospect (2020-2031)
1.6.6 South America Speech Artificial Intelligence Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Speech Artificial Intelligence Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 SoundHound AI
2.1.1 SoundHound AI Details
2.1.2 SoundHound AI Major Business
2.1.3 SoundHound AI Speech Artificial Intelligence Product and Solutions
2.1.4 SoundHound AI Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 SoundHound AI Recent Developments and Future Plans
2.2 NVDIA
2.2.1 NVDIA Details
2.2.2 NVDIA Major Business
2.2.3 NVDIA Speech Artificial Intelligence Product and Solutions
2.2.4 NVDIA Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 NVDIA Recent Developments and Future Plans
2.3 Rev AI
2.3.1 Rev AI Details
2.3.2 Rev AI Major Business
2.3.3 Rev AI Speech Artificial Intelligence Product and Solutions
2.3.4 Rev AI Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Rev AI Recent Developments and Future Plans
2.4 Speechmatics
2.4.1 Speechmatics Details
2.4.2 Speechmatics Major Business
2.4.3 Speechmatics Speech Artificial Intelligence Product and Solutions
2.4.4 Speechmatics Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Speechmatics Recent Developments and Future Plans
2.5 Sensory, Inc
2.5.1 Sensory, Inc Details
2.5.2 Sensory, Inc Major Business
2.5.3 Sensory, Inc Speech Artificial Intelligence Product and Solutions
2.5.4 Sensory, Inc Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Sensory, Inc Recent Developments and Future Plans
2.6 Phonexia
2.6.1 Phonexia Details
2.6.2 Phonexia Major Business
2.6.3 Phonexia Speech Artificial Intelligence Product and Solutions
2.6.4 Phonexia Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Phonexia Recent Developments and Future Plans
2.7 Deepgram
2.7.1 Deepgram Details
2.7.2 Deepgram Major Business
2.7.3 Deepgram Speech Artificial Intelligence Product and Solutions
2.7.4 Deepgram Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Deepgram Recent Developments and Future Plans
2.8 AssemblyAI
2.8.1 AssemblyAI Details
2.8.2 AssemblyAI Major Business
2.8.3 AssemblyAI Speech Artificial Intelligence Product and Solutions
2.8.4 AssemblyAI Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 AssemblyAI Recent Developments and Future Plans
2.9 Voci Technologies
2.9.1 Voci Technologies Details
2.9.2 Voci Technologies Major Business
2.9.3 Voci Technologies Speech Artificial Intelligence Product and Solutions
2.9.4 Voci Technologies Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Voci Technologies Recent Developments and Future Plans
2.10 Cobalt Speech & Language
2.10.1 Cobalt Speech & Language Details
2.10.2 Cobalt Speech & Language Major Business
2.10.3 Cobalt Speech & Language Speech Artificial Intelligence Product and Solutions
2.10.4 Cobalt Speech & Language Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Cobalt Speech & Language Recent Developments and Future Plans
2.11 GoVivace Inc.
2.11.1 GoVivace Inc. Details
2.11.2 GoVivace Inc. Major Business
2.11.3 GoVivace Inc. Speech Artificial Intelligence Product and Solutions
2.11.4 GoVivace Inc. Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 GoVivace Inc. Recent Developments and Future Plans
2.12 Google
2.12.1 Google Details
2.12.2 Google Major Business
2.12.3 Google Speech Artificial Intelligence Product and Solutions
2.12.4 Google Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Google Recent Developments and Future Plans
2.13 Microsoft
2.13.1 Microsoft Details
2.13.2 Microsoft Major Business
2.13.3 Microsoft Speech Artificial Intelligence Product and Solutions
2.13.4 Microsoft Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Microsoft Recent Developments and Future Plans
2.14 Oracle
2.14.1 Oracle Details
2.14.2 Oracle Major Business
2.14.3 Oracle Speech Artificial Intelligence Product and Solutions
2.14.4 Oracle Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Oracle Recent Developments and Future Plans
2.15 iFLYTEK
2.15.1 iFLYTEK Details
2.15.2 iFLYTEK Major Business
2.15.3 iFLYTEK Speech Artificial Intelligence Product and Solutions
2.15.4 iFLYTEK Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 iFLYTEK Recent Developments and Future Plans
2.16 Baidu
2.16.1 Baidu Details
2.16.2 Baidu Major Business
2.16.3 Baidu Speech Artificial Intelligence Product and Solutions
2.16.4 Baidu Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Baidu Recent Developments and Future Plans
2.17 Alibaba Group Holding
2.17.1 Alibaba Group Holding Details
2.17.2 Alibaba Group Holding Major Business
2.17.3 Alibaba Group Holding Speech Artificial Intelligence Product and Solutions
2.17.4 Alibaba Group Holding Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Alibaba Group Holding Recent Developments and Future Plans
2.18 Xiaomi Corporation
2.18.1 Xiaomi Corporation Details
2.18.2 Xiaomi Corporation Major Business
2.18.3 Xiaomi Corporation Speech Artificial Intelligence Product and Solutions
2.18.4 Xiaomi Corporation Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Xiaomi Corporation Recent Developments and Future Plans
2.19 Tencent Holdings Limited
2.19.1 Tencent Holdings Limited Details
2.19.2 Tencent Holdings Limited Major Business
2.19.3 Tencent Holdings Limited Speech Artificial Intelligence Product and Solutions
2.19.4 Tencent Holdings Limited Speech Artificial Intelligence Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Tencent Holdings Limited Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Speech Artificial Intelligence Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Speech Artificial Intelligence by Company Revenue
3.2.2 Top 3 Speech Artificial Intelligence Players Market Share in 2024
3.2.3 Top 6 Speech Artificial Intelligence Players Market Share in 2024
3.3 Speech Artificial Intelligence Market: Overall Company Footprint Analysis
3.3.1 Speech Artificial Intelligence Market: Region Footprint
3.3.2 Speech Artificial Intelligence Market: Company Product Type Footprint
3.3.3 Speech Artificial Intelligence Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Speech Artificial Intelligence Consumption Value and Market Share by Type (2020-2025)
4.2 Global Speech Artificial Intelligence Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Speech Artificial Intelligence Consumption Value Market Share by Application (2020-2025)
5.2 Global Speech Artificial Intelligence Market Forecast by Application (2026-2031)
6 North America
6.1 North America Speech Artificial Intelligence Consumption Value by Type (2020-2031)
6.2 North America Speech Artificial Intelligence Market Size by Application (2020-2031)
6.3 North America Speech Artificial Intelligence Market Size by Country
6.3.1 North America Speech Artificial Intelligence Consumption Value by Country (2020-2031)
6.3.2 United States Speech Artificial Intelligence Market Size and Forecast (2020-2031)
6.3.3 Canada Speech Artificial Intelligence Market Size and Forecast (2020-2031)
6.3.4 Mexico Speech Artificial Intelligence Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Speech Artificial Intelligence Consumption Value by Type (2020-2031)
7.2 Europe Speech Artificial Intelligence Consumption Value by Application (2020-2031)
7.3 Europe Speech Artificial Intelligence Market Size by Country
7.3.1 Europe Speech Artificial Intelligence Consumption Value by Country (2020-2031)
7.3.2 Germany Speech Artificial Intelligence Market Size and Forecast (2020-2031)
7.3.3 France Speech Artificial Intelligence Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Speech Artificial Intelligence Market Size and Forecast (2020-2031)
7.3.5 Russia Speech Artificial Intelligence Market Size and Forecast (2020-2031)
7.3.6 Italy Speech Artificial Intelligence Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Speech Artificial Intelligence Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Speech Artificial Intelligence Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Speech Artificial Intelligence Market Size by Region
8.3.1 Asia-Pacific Speech Artificial Intelligence Consumption Value by Region (2020-2031)
8.3.2 China Speech Artificial Intelligence Market Size and Forecast (2020-2031)
8.3.3 Japan Speech Artificial Intelligence Market Size and Forecast (2020-2031)
8.3.4 South Korea Speech Artificial Intelligence Market Size and Forecast (2020-2031)
8.3.5 India Speech Artificial Intelligence Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Speech Artificial Intelligence Market Size and Forecast (2020-2031)
8.3.7 Australia Speech Artificial Intelligence Market Size and Forecast (2020-2031)
9 South America
9.1 South America Speech Artificial Intelligence Consumption Value by Type (2020-2031)
9.2 South America Speech Artificial Intelligence Consumption Value by Application (2020-2031)
9.3 South America Speech Artificial Intelligence Market Size by Country
9.3.1 South America Speech Artificial Intelligence Consumption Value by Country (2020-2031)
9.3.2 Brazil Speech Artificial Intelligence Market Size and Forecast (2020-2031)
9.3.3 Argentina Speech Artificial Intelligence Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Speech Artificial Intelligence Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Speech Artificial Intelligence Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Speech Artificial Intelligence Market Size by Country
10.3.1 Middle East & Africa Speech Artificial Intelligence Consumption Value by Country (2020-2031)
10.3.2 Turkey Speech Artificial Intelligence Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Speech Artificial Intelligence Market Size and Forecast (2020-2031)
10.3.4 UAE Speech Artificial Intelligence Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Speech Artificial Intelligence Market Drivers
11.2 Speech Artificial Intelligence Market Restraints
11.3 Speech Artificial Intelligence Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Speech Artificial Intelligence Industry Chain
12.2 Speech Artificial Intelligence Upstream Analysis
12.3 Speech Artificial Intelligence Midstream Analysis
12.4 Speech Artificial Intelligence Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
SoundHound AI
NVDIA
Rev AI
Speechmatics
Sensory, Inc
Phonexia
Deepgram
AssemblyAI
Voci Technologies
Cobalt Speech & Language
GoVivace Inc.
Google
Microsoft
Oracle
iFLYTEK
Baidu
Alibaba Group Holding
Xiaomi Corporation
Tencent Holdings Limited
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*If Applicable.