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.
Market Analysis and Insights: Global AI for Speech Recognition Market
The global AI for Speech Recognition market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast 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 楼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.
Report Covers:
This report presents an overview of global market for AI for Speech Recognition market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of AI for Speech Recognition, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for AI for Speech Recognition, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the AI for Speech Recognition revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global AI for Speech Recognition market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for AI for Speech Recognition revenue, projected growth trends, production technology, application and end-user industry.
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
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of AI for Speech Recognition in global and regional level. 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. 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鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, AI for Speech Recognition revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 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 Size Growth Rate 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 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global AI for Speech Recognition Market Perspective (2019-2030)
2.2 Global AI for Speech Recognition Growth Trends by Region
2.2.1 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 Revenue AI for Speech Recognition by Players
3.1.1 Global AI for Speech Recognition Revenue by Players (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 Global Key Players of AI for Speech Recognition, Ranking by Revenue, 2022 VS 2023 VS 2024
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 Global Key Players of AI for Speech Recognition Head office and Area Served
3.6 Global Key Players of AI for Speech Recognition, Product and Application
3.7 Global Key Players of AI for Speech Recognition, Date of Enter into This Industry
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 Size by Type
6.2.1 North America AI for Speech Recognition Market Size by Type (2019-2024)
6.2.2 North America AI for Speech Recognition Market Size by Type (2025-2030)
6.2.3 North America AI for Speech Recognition Market Share by Type (2019-2030)
6.3 North America AI for Speech Recognition Market Size by Application
6.3.1 North America AI for Speech Recognition Market Size by Application (2019-2024)
6.3.2 North America AI for Speech Recognition Market Size by Application (2025-2030)
6.3.3 North America AI for Speech Recognition Market Share by Application (2019-2030)
6.4 North America AI for Speech Recognition Market Size by Country
6.4.1 North America AI for Speech Recognition Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America AI for Speech Recognition Market Size by Country (2019-2024)
6.4.3 North America AI for Speech Recognition Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe AI for Speech Recognition Market Size (2019-2030)
7.2 Europe AI for Speech Recognition Market Size by Type
7.2.1 Europe AI for Speech Recognition Market Size by Type (2019-2024)
7.2.2 Europe AI for Speech Recognition Market Size by Type (2025-2030)
7.2.3 Europe AI for Speech Recognition Market Share by Type (2019-2030)
7.3 Europe AI for Speech Recognition Market Size by Application
7.3.1 Europe AI for Speech Recognition Market Size by Application (2019-2024)
7.3.2 Europe AI for Speech Recognition Market Size by Application (2025-2030)
7.3.3 Europe AI for Speech Recognition Market Share by Application (2019-2030)
7.4 Europe AI for Speech Recognition Market Size by Country
7.4.1 Europe AI for Speech Recognition Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe AI for Speech Recognition Market Size by Country (2019-2024)
7.4.3 Europe AI for Speech Recognition Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China AI for Speech Recognition Market Size (2019-2030)
8.2 China AI for Speech Recognition Market Size by Type
8.2.1 China AI for Speech Recognition Market Size by Type (2019-2024)
8.2.2 China AI for Speech Recognition Market Size by Type (2025-2030)
8.2.3 China AI for Speech Recognition Market Share by Type (2019-2030)
8.3 China AI for Speech Recognition Market Size by Application
8.3.1 China AI for Speech Recognition Market Size by Application (2019-2024)
8.3.2 China AI for Speech Recognition Market Size by Application (2025-2030)
8.3.3 China AI for Speech Recognition Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia AI for Speech Recognition Market Size (2019-2030)
9.2 Asia AI for Speech Recognition Market Size by Type
9.2.1 Asia AI for Speech Recognition Market Size by Type (2019-2024)
9.2.2 Asia AI for Speech Recognition Market Size by Type (2025-2030)
9.2.3 Asia AI for Speech Recognition Market Share by Type (2019-2030)
9.3 Asia AI for Speech Recognition Market Size by Application
9.3.1 Asia AI for Speech Recognition Market Size by Application (2019-2024)
9.3.2 Asia AI for Speech Recognition Market Size by Application (2025-2030)
9.3.3 Asia AI for Speech Recognition Market Share by Application (2019-2030)
9.4 Asia AI for Speech Recognition Market Size by Region
9.4.1 Asia AI for Speech Recognition Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia AI for Speech Recognition Market Size by Region (2019-2024)
9.4.3 Asia AI for Speech Recognition Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America AI for Speech Recognition Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Type
10.2.1 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America AI for Speech Recognition Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Application
10.3.1 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America AI for Speech Recognition Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Country
10.4.1 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America AI for Speech Recognition Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Microsoft Corporation
11.1.1 Microsoft Corporation Company Details
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 Developments
11.2 Alphabet Inc.
11.2.1 Alphabet Inc. Company Details
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 Developments
11.3 Cantab Research Limited
11.3.1 Cantab Research Limited Company Details
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 Developments
11.4 Sensory, Inc.
11.4.1 Sensory, Inc. Company Details
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 Developments
11.5 ReadSpeaker Holding B.V.
11.5.1 ReadSpeaker Holding B.V. Company Details
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 Developments
11.6 Pareteum Corporation
11.6.1 Pareteum Corporation Company Details
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 Developments
11.7 Iflytek Co., Ltd.
11.7.1 Iflytek Co., Ltd. Company Details
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 Developments
11.8 VoiceVault Inc.
11.8.1 VoiceVault Inc. Company Details
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 Developments
11.9 VoiceBox Technologies Corp.
11.9.1 VoiceBox Technologies Corp. Company Details
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 Developments
11.10 LumenVox, LLC (US)
11.10.1 LumenVox, LLC (US) Company Details
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 Developments
11.11 Acapela Group SA
11.11.1 Acapela Group SA Company Details
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 Developments
11.12 BioTrust
11.12.1 BioTrust Company Details
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 Developments
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
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
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