Global Speech Artificial Intelligence Market Research Report 2025

Publication ID:

PB501262163

Publication Date:

January 22, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

IT Services [2]

Computing & Electronics [3]

Description:

The global market for Speech Artificial Intelligence was valued at US$ 17490 million in the year 2024 and is projected to reach a revised size of US$ 41390 million by 2031, growing at a CAGR of 13.1% during the forecast 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.
North American market for Speech Artificial Intelligence is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Speech Artificial Intelligence is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Speech Artificial Intelligence in Intelligent Assistant is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Speech Artificial Intelligence include SoundHound AI, NVDIA, Rev AI, Speechmatics, Sensory, Inc, Phonexia, Deepgram, AssemblyAI, Voci Technologies, Cobalt Speech & Language, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Speech Artificial Intelligence, 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 Speech Artificial Intelligence.
The Speech Artificial Intelligence market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Speech Artificial Intelligence 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 Speech Artificial Intelligence companies, new entrants, and industry chain related companies in this market with information on the revenues 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
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
Segment by Type
Text-to-speech
Speech-to-text
Automatic Speech Recognition
Others
Segment by Application
Intelligent Assistant
Virtual Customer Service
Speech Translation
Smart Home
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
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 Speech Artificial Intelligence company 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.

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

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Speech Artificial Intelligence Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Text-to-speech
1.2.3 Speech-to-text
1.2.4 Automatic Speech Recognition
1.2.5 Others
1.3 Market by Application
1.3.1 Global Speech Artificial Intelligence Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Intelligent Assistant
1.3.3 Virtual Customer Service
1.3.4 Speech Translation
1.3.5 Smart Home
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Speech Artificial Intelligence Market Perspective (2020-2031)
2.2 Global Speech Artificial Intelligence Growth Trends by Region
2.2.1 Global Speech Artificial Intelligence Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Speech Artificial Intelligence Historic Market Size by Region (2020-2025)
2.2.3 Speech Artificial Intelligence Forecasted Market Size by Region (2026-2031)
2.3 Speech Artificial Intelligence Market Dynamics
2.3.1 Speech Artificial Intelligence Industry Trends
2.3.2 Speech Artificial Intelligence Market Drivers
2.3.3 Speech Artificial Intelligence Market Challenges
2.3.4 Speech Artificial Intelligence Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Speech Artificial Intelligence Players by Revenue
3.1.1 Global Top Speech Artificial Intelligence Players by Revenue (2020-2025)
3.1.2 Global Speech Artificial Intelligence Revenue Market Share by Players (2020-2025)
3.2 Global Top Speech Artificial Intelligence Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Speech Artificial Intelligence Revenue
3.4 Global Speech Artificial Intelligence Market Concentration Ratio
3.4.1 Global Speech Artificial Intelligence Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Speech Artificial Intelligence Revenue in 2024
3.5 Global Key Players of Speech Artificial Intelligence Head office and Area Served
3.6 Global Key Players of Speech Artificial Intelligence, Product and Application
3.7 Global Key Players of Speech Artificial Intelligence, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Speech Artificial Intelligence Breakdown Data by Type
4.1 Global Speech Artificial Intelligence Historic Market Size by Type (2020-2025)
4.2 Global Speech Artificial Intelligence Forecasted Market Size by Type (2026-2031)
5 Speech Artificial Intelligence Breakdown Data by Application
5.1 Global Speech Artificial Intelligence Historic Market Size by Application (2020-2025)
5.2 Global Speech Artificial Intelligence Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Speech Artificial Intelligence Market Size (2020-2031)
6.2 North America Speech Artificial Intelligence Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Speech Artificial Intelligence Market Size by Country (2020-2025)
6.4 North America Speech Artificial Intelligence Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Speech Artificial Intelligence Market Size (2020-2031)
7.2 Europe Speech Artificial Intelligence Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Speech Artificial Intelligence Market Size by Country (2020-2025)
7.4 Europe Speech Artificial Intelligence Market Size by Country (2026-2031)
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 Speech Artificial Intelligence Market Size (2020-2031)
8.2 Asia-Pacific Speech Artificial Intelligence Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Speech Artificial Intelligence Market Size by Region (2020-2025)
8.4 Asia-Pacific Speech Artificial Intelligence Market Size by Region (2026-2031)
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 Speech Artificial Intelligence Market Size (2020-2031)
9.2 Latin America Speech Artificial Intelligence Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Speech Artificial Intelligence Market Size by Country (2020-2025)
9.4 Latin America Speech Artificial Intelligence Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Speech Artificial Intelligence Market Size (2020-2031)
10.2 Middle East & Africa Speech Artificial Intelligence Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Speech Artificial Intelligence Market Size by Country (2020-2025)
10.4 Middle East & Africa Speech Artificial Intelligence Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SoundHound AI
11.1.1 SoundHound AI Company Details
11.1.2 SoundHound AI Business Overview
11.1.3 SoundHound AI Speech Artificial Intelligence Introduction
11.1.4 SoundHound AI Revenue in Speech Artificial Intelligence Business (2020-2025)
11.1.5 SoundHound AI Recent Development
11.2 NVDIA
11.2.1 NVDIA Company Details
11.2.2 NVDIA Business Overview
11.2.3 NVDIA Speech Artificial Intelligence Introduction
11.2.4 NVDIA Revenue in Speech Artificial Intelligence Business (2020-2025)
11.2.5 NVDIA Recent Development
11.3 Rev AI
11.3.1 Rev AI Company Details
11.3.2 Rev AI Business Overview
11.3.3 Rev AI Speech Artificial Intelligence Introduction
11.3.4 Rev AI Revenue in Speech Artificial Intelligence Business (2020-2025)
11.3.5 Rev AI Recent Development
11.4 Speechmatics
11.4.1 Speechmatics Company Details
11.4.2 Speechmatics Business Overview
11.4.3 Speechmatics Speech Artificial Intelligence Introduction
11.4.4 Speechmatics Revenue in Speech Artificial Intelligence Business (2020-2025)
11.4.5 Speechmatics Recent Development
11.5 Sensory, Inc
11.5.1 Sensory, Inc Company Details
11.5.2 Sensory, Inc Business Overview
11.5.3 Sensory, Inc Speech Artificial Intelligence Introduction
11.5.4 Sensory, Inc Revenue in Speech Artificial Intelligence Business (2020-2025)
11.5.5 Sensory, Inc Recent Development
11.6 Phonexia
11.6.1 Phonexia Company Details
11.6.2 Phonexia Business Overview
11.6.3 Phonexia Speech Artificial Intelligence Introduction
11.6.4 Phonexia Revenue in Speech Artificial Intelligence Business (2020-2025)
11.6.5 Phonexia Recent Development
11.7 Deepgram
11.7.1 Deepgram Company Details
11.7.2 Deepgram Business Overview
11.7.3 Deepgram Speech Artificial Intelligence Introduction
11.7.4 Deepgram Revenue in Speech Artificial Intelligence Business (2020-2025)
11.7.5 Deepgram Recent Development
11.8 AssemblyAI
11.8.1 AssemblyAI Company Details
11.8.2 AssemblyAI Business Overview
11.8.3 AssemblyAI Speech Artificial Intelligence Introduction
11.8.4 AssemblyAI Revenue in Speech Artificial Intelligence Business (2020-2025)
11.8.5 AssemblyAI Recent Development
11.9 Voci Technologies
11.9.1 Voci Technologies Company Details
11.9.2 Voci Technologies Business Overview
11.9.3 Voci Technologies Speech Artificial Intelligence Introduction
11.9.4 Voci Technologies Revenue in Speech Artificial Intelligence Business (2020-2025)
11.9.5 Voci Technologies Recent Development
11.10 Cobalt Speech & Language
11.10.1 Cobalt Speech & Language Company Details
11.10.2 Cobalt Speech & Language Business Overview
11.10.3 Cobalt Speech & Language Speech Artificial Intelligence Introduction
11.10.4 Cobalt Speech & Language Revenue in Speech Artificial Intelligence Business (2020-2025)
11.10.5 Cobalt Speech & Language Recent Development
11.11 GoVivace Inc.
11.11.1 GoVivace Inc. Company Details
11.11.2 GoVivace Inc. Business Overview
11.11.3 GoVivace Inc. Speech Artificial Intelligence Introduction
11.11.4 GoVivace Inc. Revenue in Speech Artificial Intelligence Business (2020-2025)
11.11.5 GoVivace Inc. Recent Development
11.12 Google
11.12.1 Google Company Details
11.12.2 Google Business Overview
11.12.3 Google Speech Artificial Intelligence Introduction
11.12.4 Google Revenue in Speech Artificial Intelligence Business (2020-2025)
11.12.5 Google Recent Development
11.13 Microsoft
11.13.1 Microsoft Company Details
11.13.2 Microsoft Business Overview
11.13.3 Microsoft Speech Artificial Intelligence Introduction
11.13.4 Microsoft Revenue in Speech Artificial Intelligence Business (2020-2025)
11.13.5 Microsoft Recent Development
11.14 Oracle
11.14.1 Oracle Company Details
11.14.2 Oracle Business Overview
11.14.3 Oracle Speech Artificial Intelligence Introduction
11.14.4 Oracle Revenue in Speech Artificial Intelligence Business (2020-2025)
11.14.5 Oracle Recent Development
11.15 iFLYTEK
11.15.1 iFLYTEK Company Details
11.15.2 iFLYTEK Business Overview
11.15.3 iFLYTEK Speech Artificial Intelligence Introduction
11.15.4 iFLYTEK Revenue in Speech Artificial Intelligence Business (2020-2025)
11.15.5 iFLYTEK Recent Development
11.16 Baidu
11.16.1 Baidu Company Details
11.16.2 Baidu Business Overview
11.16.3 Baidu Speech Artificial Intelligence Introduction
11.16.4 Baidu Revenue in Speech Artificial Intelligence Business (2020-2025)
11.16.5 Baidu Recent Development
11.17 Alibaba Group Holding
11.17.1 Alibaba Group Holding Company Details
11.17.2 Alibaba Group Holding Business Overview
11.17.3 Alibaba Group Holding Speech Artificial Intelligence Introduction
11.17.4 Alibaba Group Holding Revenue in Speech Artificial Intelligence Business (2020-2025)
11.17.5 Alibaba Group Holding Recent Development
11.18 Xiaomi Corporation
11.18.1 Xiaomi Corporation Company Details
11.18.2 Xiaomi Corporation Business Overview
11.18.3 Xiaomi Corporation Speech Artificial Intelligence Introduction
11.18.4 Xiaomi Corporation Revenue in Speech Artificial Intelligence Business (2020-2025)
11.18.5 Xiaomi Corporation Recent Development
11.19 Tencent Holdings Limited
11.19.1 Tencent Holdings Limited Company Details
11.19.2 Tencent Holdings Limited Business Overview
11.19.3 Tencent Holdings Limited Speech Artificial Intelligence Introduction
11.19.4 Tencent Holdings Limited Revenue in Speech Artificial Intelligence Business (2020-2025)
11.19.5 Tencent Holdings Limited Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Companies Mentioned:

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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