Global AI Speech Recognition Technology Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI03258718

Publication Date:

March 5, 2025

Pages:

103

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global AI Speech Recognition Technology market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate 鈧�9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.78%, including software, hardware and services.
The 鈥淎I Speech Recognition Technology Industry Forecast鈥� looks at past sales and reviews total world AI Speech Recognition Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected AI Speech Recognition Technology sales for 2025 through 2031. With AI Speech Recognition Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AI Speech Recognition Technology industry.
This Insight Report provides a comprehensive analysis of the global AI Speech Recognition Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on AI Speech Recognition Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global AI Speech Recognition Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AI Speech Recognition Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AI Speech Recognition Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of AI Speech Recognition Technology market by product type, application, key players and key regions and countries.
Segmentation by Type:
Online
Offline
Segmentation by Application:
Automobile Industry
Education Industry
Service Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global AI Speech Recognition Technology Market Size (2020-2031)
2.1.2 AI Speech Recognition Technology Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for AI Speech Recognition Technology by Country/Region (2020, 2024 & 2031)
2.2 AI Speech Recognition Technology Segment by Type
2.2.1 Online
2.2.2 Offline
2.3 AI Speech Recognition Technology Market Size by Type
2.3.1 AI Speech Recognition Technology Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global AI Speech Recognition Technology Market Size Market Share by Type (2020-2025)
2.4 AI Speech Recognition Technology Segment by Application
2.4.1 Automobile Industry
2.4.2 Education Industry
2.4.3 Service Industry
2.5 AI Speech Recognition Technology Market Size by Application
2.5.1 AI Speech Recognition Technology Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global AI Speech Recognition Technology Market Size Market Share by Application (2020-2025)
3 AI Speech Recognition Technology Market Size by Player
3.1 AI Speech Recognition Technology Market Size Market Share by Player
3.1.1 Global AI Speech Recognition Technology Revenue by Player (2020-2025)
3.1.2 Global AI Speech Recognition Technology Revenue Market Share by Player (2020-2025)
3.2 Global AI Speech Recognition Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 AI Speech Recognition Technology by Region
4.1 AI Speech Recognition Technology Market Size by Region (2020-2025)
4.2 Global AI Speech Recognition Technology Annual Revenue by Country/Region (2020-2025)
4.3 Americas AI Speech Recognition Technology Market Size Growth (2020-2025)
4.4 APAC AI Speech Recognition Technology Market Size Growth (2020-2025)
4.5 Europe AI Speech Recognition Technology Market Size Growth (2020-2025)
4.6 Middle East & Africa AI Speech Recognition Technology Market Size Growth (2020-2025)
5 Americas
5.1 Americas AI Speech Recognition Technology Market Size by Country (2020-2025)
5.2 Americas AI Speech Recognition Technology Market Size by Type (2020-2025)
5.3 Americas AI Speech Recognition Technology Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC AI Speech Recognition Technology Market Size by Region (2020-2025)
6.2 APAC AI Speech Recognition Technology Market Size by Type (2020-2025)
6.3 APAC AI Speech Recognition Technology Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe AI Speech Recognition Technology Market Size by Country (2020-2025)
7.2 Europe AI Speech Recognition Technology Market Size by Type (2020-2025)
7.3 Europe AI Speech Recognition Technology Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa AI Speech Recognition Technology by Region (2020-2025)
8.2 Middle East & Africa AI Speech Recognition Technology Market Size by Type (2020-2025)
8.3 Middle East & Africa AI Speech Recognition Technology Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global AI Speech Recognition Technology Market Forecast
10.1 Global AI Speech Recognition Technology Forecast by Region (2026-2031)
10.1.1 Global AI Speech Recognition Technology Forecast by Region (2026-2031)
10.1.2 Americas AI Speech Recognition Technology Forecast
10.1.3 APAC AI Speech Recognition Technology Forecast
10.1.4 Europe AI Speech Recognition Technology Forecast
10.1.5 Middle East & Africa AI Speech Recognition Technology Forecast
10.2 Americas AI Speech Recognition Technology Forecast by Country (2026-2031)
10.2.1 United States Market AI Speech Recognition Technology Forecast
10.2.2 Canada Market AI Speech Recognition Technology Forecast
10.2.3 Mexico Market AI Speech Recognition Technology Forecast
10.2.4 Brazil Market AI Speech Recognition Technology Forecast
10.3 APAC AI Speech Recognition Technology Forecast by Region (2026-2031)
10.3.1 China AI Speech Recognition Technology Market Forecast
10.3.2 Japan Market AI Speech Recognition Technology Forecast
10.3.3 Korea Market AI Speech Recognition Technology Forecast
10.3.4 Southeast Asia Market AI Speech Recognition Technology Forecast
10.3.5 India Market AI Speech Recognition Technology Forecast
10.3.6 Australia Market AI Speech Recognition Technology Forecast
10.4 Europe AI Speech Recognition Technology Forecast by Country (2026-2031)
10.4.1 Germany Market AI Speech Recognition Technology Forecast
10.4.2 France Market AI Speech Recognition Technology Forecast
10.4.3 UK Market AI Speech Recognition Technology Forecast
10.4.4 Italy Market AI Speech Recognition Technology Forecast
10.4.5 Russia Market AI Speech Recognition Technology Forecast
10.5 Middle East & Africa AI Speech Recognition Technology Forecast by Region (2026-2031)
10.5.1 Egypt Market AI Speech Recognition Technology Forecast
10.5.2 South Africa Market AI Speech Recognition Technology Forecast
10.5.3 Israel Market AI Speech Recognition Technology Forecast
10.5.4 Turkey Market AI Speech Recognition Technology Forecast
10.6 Global AI Speech Recognition Technology Forecast by Type (2026-2031)
10.7 Global AI Speech Recognition Technology Forecast by Application (2026-2031)
10.7.1 GCC Countries Market AI Speech Recognition Technology Forecast
11 Key Players Analysis
11.1 Microsoft Corporation
11.1.1 Microsoft Corporation Company Information
11.1.2 Microsoft Corporation AI Speech Recognition Technology Product Offered
11.1.3 Microsoft Corporation AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Microsoft Corporation Main Business Overview
11.1.5 Microsoft Corporation Latest Developments
11.2 Alphabet Inc.
11.2.1 Alphabet Inc. Company Information
11.2.2 Alphabet Inc. AI Speech Recognition Technology Product Offered
11.2.3 Alphabet Inc. AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Alphabet Inc. Main Business Overview
11.2.5 Alphabet Inc. Latest Developments
11.3 Cantab Research Limited
11.3.1 Cantab Research Limited Company Information
11.3.2 Cantab Research Limited AI Speech Recognition Technology Product Offered
11.3.3 Cantab Research Limited AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Cantab Research Limited Main Business Overview
11.3.5 Cantab Research Limited Latest Developments
11.4 Sensory, Inc.
11.4.1 Sensory, Inc. Company Information
11.4.2 Sensory, Inc. AI Speech Recognition Technology Product Offered
11.4.3 Sensory, Inc. AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Sensory, Inc. Main Business Overview
11.4.5 Sensory, Inc. Latest Developments
11.5 ReadSpeaker Holding B.V.
11.5.1 ReadSpeaker Holding B.V. Company Information
11.5.2 ReadSpeaker Holding B.V. AI Speech Recognition Technology Product Offered
11.5.3 ReadSpeaker Holding B.V. AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 ReadSpeaker Holding B.V. Main Business Overview
11.5.5 ReadSpeaker Holding B.V. Latest Developments
11.6 Pareteum Corporation
11.6.1 Pareteum Corporation Company Information
11.6.2 Pareteum Corporation AI Speech Recognition Technology Product Offered
11.6.3 Pareteum Corporation AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Pareteum Corporation Main Business Overview
11.6.5 Pareteum Corporation Latest Developments
11.7 Iflytek Co., Ltd.
11.7.1 Iflytek Co., Ltd. Company Information
11.7.2 Iflytek Co., Ltd. AI Speech Recognition Technology Product Offered
11.7.3 Iflytek Co., Ltd. AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Iflytek Co., Ltd. Main Business Overview
11.7.5 Iflytek Co., Ltd. Latest Developments
11.8 VoiceVault Inc.
11.8.1 VoiceVault Inc. Company Information
11.8.2 VoiceVault Inc. AI Speech Recognition Technology Product Offered
11.8.3 VoiceVault Inc. AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 VoiceVault Inc. Main Business Overview
11.8.5 VoiceVault Inc. Latest Developments
11.9 VoiceBox Technologies Corp.
11.9.1 VoiceBox Technologies Corp. Company Information
11.9.2 VoiceBox Technologies Corp. AI Speech Recognition Technology Product Offered
11.9.3 VoiceBox Technologies Corp. AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 VoiceBox Technologies Corp. Main Business Overview
11.9.5 VoiceBox Technologies Corp. Latest Developments
11.10 LumenVox, LLC (US)
11.10.1 LumenVox, LLC (US) Company Information
11.10.2 LumenVox, LLC (US) AI Speech Recognition Technology Product Offered
11.10.3 LumenVox, LLC (US) AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 LumenVox, LLC (US) Main Business Overview
11.10.5 LumenVox, LLC (US) Latest Developments
11.11 Acapela Group SA
11.11.1 Acapela Group SA Company Information
11.11.2 Acapela Group SA AI Speech Recognition Technology Product Offered
11.11.3 Acapela Group SA AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Acapela Group SA Main Business Overview
11.11.5 Acapela Group SA Latest Developments
11.12 BioTrust
11.12.1 BioTrust Company Information
11.12.2 BioTrust AI Speech Recognition Technology Product Offered
11.12.3 BioTrust AI Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 BioTrust Main Business Overview
11.12.5 BioTrust Latest Developments
12 Research Findings and Conclusion

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