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

Publication ID:

LPI06250056

Publication Date:

June 17, 2025

Pages:

114

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Automatic Speech Recognition Technology market size is predicted to grow from US$ 2488 million in 2025 to US$ 5374 million in 2031; it is expected to grow at a CAGR of 13.7% from 2025 to 2031.
Automatic Speech Recognition (ASR) technology is a technology that converts human speech into text or commands. It is an important part of the field of artificial intelligence and natural language processing, by recognizing and parsing speech signals, converting them into understandable and processable text data. Automatic speech recognition technology has a wide range of applications in many fields, including voice assistants, voice command recognition, speech transcription, voice search, etc. In real-time communication and interactive applications, low-latency automatic speech recognition becomes especially important. Future technological development will focus on providing faster speech recognition responses to meet real-time requirements.
The 鈥淎utomatic Speech Recognition Technology Industry Forecast鈥� looks at past sales and reviews total world Automatic Speech Recognition Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Automatic Speech Recognition Technology sales for 2025 through 2031. With Automatic 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 Automatic Speech Recognition Technology industry.
This Insight Report provides a comprehensive analysis of the global Automatic 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 Automatic 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 Automatic Speech Recognition Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic 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 Automatic Speech Recognition Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Speech Recognition Technology market by product type, application, key players and key regions and countries.
Segmentation by Type:
Specific Person Speech Recognition System
Non-Personal Speech System
Segmentation by Application:
Electronic Games
Household Appliances
Others
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.
Sensory
Nuance Communications
Lumenvox
Raytheon Bbn Technologies
Microsoft Tellme
Dolby Fusion Speech
Voxeo
Voice Trust
Voice Biometrics Group
Validsoft
Mmodal

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 Automatic Speech Recognition Technology Market Size (2020-2031)
2.1.2 Automatic Speech Recognition Technology Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Automatic Speech Recognition Technology by Country/Region (2020, 2024 & 2031)
2.2 Automatic Speech Recognition Technology Segment by Type
2.2.1 Specific Person Speech Recognition System
2.2.2 Non-Personal Speech System
2.3 Automatic Speech Recognition Technology Market Size by Type
2.3.1 Automatic Speech Recognition Technology Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Automatic Speech Recognition Technology Market Size Market Share by Type (2020-2025)
2.4 Automatic Speech Recognition Technology Segment by Application
2.4.1 Electronic Games
2.4.2 Household Appliances
2.4.3 Others
2.5 Automatic Speech Recognition Technology Market Size by Application
2.5.1 Automatic Speech Recognition Technology Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Automatic Speech Recognition Technology Market Size Market Share by Application (2020-2025)
3 Automatic Speech Recognition Technology Market Size by Player
3.1 Automatic Speech Recognition Technology Market Size Market Share by Player
3.1.1 Global Automatic Speech Recognition Technology Revenue by Player (2020-2025)
3.1.2 Global Automatic Speech Recognition Technology Revenue Market Share by Player (2020-2025)
3.2 Global Automatic 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 Automatic Speech Recognition Technology by Region
4.1 Automatic Speech Recognition Technology Market Size by Region (2020-2025)
4.2 Global Automatic Speech Recognition Technology Annual Revenue by Country/Region (2020-2025)
4.3 Americas Automatic Speech Recognition Technology Market Size Growth (2020-2025)
4.4 APAC Automatic Speech Recognition Technology Market Size Growth (2020-2025)
4.5 Europe Automatic Speech Recognition Technology Market Size Growth (2020-2025)
4.6 Middle East & Africa Automatic Speech Recognition Technology Market Size Growth (2020-2025)
5 Americas
5.1 Americas Automatic Speech Recognition Technology Market Size by Country (2020-2025)
5.2 Americas Automatic Speech Recognition Technology Market Size by Type (2020-2025)
5.3 Americas Automatic 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 Automatic Speech Recognition Technology Market Size by Region (2020-2025)
6.2 APAC Automatic Speech Recognition Technology Market Size by Type (2020-2025)
6.3 APAC Automatic 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 Automatic Speech Recognition Technology Market Size by Country (2020-2025)
7.2 Europe Automatic Speech Recognition Technology Market Size by Type (2020-2025)
7.3 Europe Automatic 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 Automatic Speech Recognition Technology by Region (2020-2025)
8.2 Middle East & Africa Automatic Speech Recognition Technology Market Size by Type (2020-2025)
8.3 Middle East & Africa Automatic 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 Automatic Speech Recognition Technology Market Forecast
10.1 Global Automatic Speech Recognition Technology Forecast by Region (2026-2031)
10.1.1 Global Automatic Speech Recognition Technology Forecast by Region (2026-2031)
10.1.2 Americas Automatic Speech Recognition Technology Forecast
10.1.3 APAC Automatic Speech Recognition Technology Forecast
10.1.4 Europe Automatic Speech Recognition Technology Forecast
10.1.5 Middle East & Africa Automatic Speech Recognition Technology Forecast
10.2 Americas Automatic Speech Recognition Technology Forecast by Country (2026-2031)
10.2.1 United States Market Automatic Speech Recognition Technology Forecast
10.2.2 Canada Market Automatic Speech Recognition Technology Forecast
10.2.3 Mexico Market Automatic Speech Recognition Technology Forecast
10.2.4 Brazil Market Automatic Speech Recognition Technology Forecast
10.3 APAC Automatic Speech Recognition Technology Forecast by Region (2026-2031)
10.3.1 China Automatic Speech Recognition Technology Market Forecast
10.3.2 Japan Market Automatic Speech Recognition Technology Forecast
10.3.3 Korea Market Automatic Speech Recognition Technology Forecast
10.3.4 Southeast Asia Market Automatic Speech Recognition Technology Forecast
10.3.5 India Market Automatic Speech Recognition Technology Forecast
10.3.6 Australia Market Automatic Speech Recognition Technology Forecast
10.4 Europe Automatic Speech Recognition Technology Forecast by Country (2026-2031)
10.4.1 Germany Market Automatic Speech Recognition Technology Forecast
10.4.2 France Market Automatic Speech Recognition Technology Forecast
10.4.3 UK Market Automatic Speech Recognition Technology Forecast
10.4.4 Italy Market Automatic Speech Recognition Technology Forecast
10.4.5 Russia Market Automatic Speech Recognition Technology Forecast
10.5 Middle East & Africa Automatic Speech Recognition Technology Forecast by Region (2026-2031)
10.5.1 Egypt Market Automatic Speech Recognition Technology Forecast
10.5.2 South Africa Market Automatic Speech Recognition Technology Forecast
10.5.3 Israel Market Automatic Speech Recognition Technology Forecast
10.5.4 Turkey Market Automatic Speech Recognition Technology Forecast
10.6 Global Automatic Speech Recognition Technology Forecast by Type (2026-2031)
10.7 Global Automatic Speech Recognition Technology Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Automatic Speech Recognition Technology Forecast
11 Key Players Analysis
11.1 Sensory
11.1.1 Sensory Company Information
11.1.2 Sensory Automatic Speech Recognition Technology Product Offered
11.1.3 Sensory Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Sensory Main Business Overview
11.1.5 Sensory Latest Developments
11.2 Nuance Communications
11.2.1 Nuance Communications Company Information
11.2.2 Nuance Communications Automatic Speech Recognition Technology Product Offered
11.2.3 Nuance Communications Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Nuance Communications Main Business Overview
11.2.5 Nuance Communications Latest Developments
11.3 Lumenvox
11.3.1 Lumenvox Company Information
11.3.2 Lumenvox Automatic Speech Recognition Technology Product Offered
11.3.3 Lumenvox Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Lumenvox Main Business Overview
11.3.5 Lumenvox Latest Developments
11.4 Raytheon Bbn Technologies
11.4.1 Raytheon Bbn Technologies Company Information
11.4.2 Raytheon Bbn Technologies Automatic Speech Recognition Technology Product Offered
11.4.3 Raytheon Bbn Technologies Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Raytheon Bbn Technologies Main Business Overview
11.4.5 Raytheon Bbn Technologies Latest Developments
11.5 Microsoft Tellme
11.5.1 Microsoft Tellme Company Information
11.5.2 Microsoft Tellme Automatic Speech Recognition Technology Product Offered
11.5.3 Microsoft Tellme Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Microsoft Tellme Main Business Overview
11.5.5 Microsoft Tellme Latest Developments
11.6 Dolby Fusion Speech
11.6.1 Dolby Fusion Speech Company Information
11.6.2 Dolby Fusion Speech Automatic Speech Recognition Technology Product Offered
11.6.3 Dolby Fusion Speech Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Dolby Fusion Speech Main Business Overview
11.6.5 Dolby Fusion Speech Latest Developments
11.7 Voxeo
11.7.1 Voxeo Company Information
11.7.2 Voxeo Automatic Speech Recognition Technology Product Offered
11.7.3 Voxeo Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Voxeo Main Business Overview
11.7.5 Voxeo Latest Developments
11.8 Voice Trust
11.8.1 Voice Trust Company Information
11.8.2 Voice Trust Automatic Speech Recognition Technology Product Offered
11.8.3 Voice Trust Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Voice Trust Main Business Overview
11.8.5 Voice Trust Latest Developments
11.9 Voice Biometrics Group
11.9.1 Voice Biometrics Group Company Information
11.9.2 Voice Biometrics Group Automatic Speech Recognition Technology Product Offered
11.9.3 Voice Biometrics Group Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Voice Biometrics Group Main Business Overview
11.9.5 Voice Biometrics Group Latest Developments
11.10 Validsoft
11.10.1 Validsoft Company Information
11.10.2 Validsoft Automatic Speech Recognition Technology Product Offered
11.10.3 Validsoft Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Validsoft Main Business Overview
11.10.5 Validsoft Latest Developments
11.11 Mmodal
11.11.1 Mmodal Company Information
11.11.2 Mmodal Automatic Speech Recognition Technology Product Offered
11.11.3 Mmodal Automatic Speech Recognition Technology Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Mmodal Main Business Overview
11.11.5 Mmodal Latest Developments
12 Research Findings and Conclusion

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