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音声テキストAPIの世界市場規模は、2021年の22億米ドルから2026年には54億米ドルに拡大し、予測期間中の年間平均成長率（CAGR）は19.2％となる見込みです。AIを活用した顧客サービス、オムニチャネル展開、チャットボットの展開コストの削減、Covid-19時に情報を入手し接続するためのAIベースのチャットボットの需要の高まりなど、さまざまな要因が音声テキストAPI市場の成長を促進すると予測されます。
パンデミック時、多くの企業は顧客からのプレッシャーが大幅に増加する一方で、利用可能な従業員数は減少しました。多くのコンタクトセンターが需要に対応できなかったり、封鎖規制のために閉鎖されたりしたため、顧客サービスの問い合わせに長い遅延が生じ、顧客体験に大きな影響を与えました。企業は、柔軟性と拡張性によって業務に弾力性を持たせると同時に、業務効率の向上に取り組むという、より戦略的なアプローチを展開しているため、音声テキストAPIはテクノロジーイネーブラーの最前線に躍り出たのです。データ分析アプリケーションの構築者は、COVID-19の用語を含むビデオやオーディオを効率的かつ正確にテキストに変換し、下流の分析に利用できる医療用音声認識機能を求めています。例えば、AWSは、あらゆるアプリケーションに医療用音声テキスト化機能を簡単に追加できるフルマネージド音声認識（ASR）サービス「Amazon Transcribe Medical」を提供しています。ディープラーニングを搭載したこのサービスは、すぐに使える医療用音声認識モデルを提供し、ユーザーはヘルスケアやライフサイエンス領域のさまざまな音声アプリケーションに統合することができます。ユーザーは、カスタムボキャブラリー機能を使って、薬品名、製品ブランド、医療処置、病気、COVID-19関連用語など、特定の医療用語を正確に書き取ることができます。
予測期間中、クラウドセグメントがより大きな市場規模を持つ
音声テキストAPI市場は、オンプレミス型とクラウド型の2つの導入形態で区分されます。予測期間中は、オンプレミス型よりもクラウド型の市場規模が大きくなると予測される。クラウド技術の利点である簡単な導入と最小限の資本要件が、クラウド導入モデルの採用を促進しています。クラウドベースの音声テキストAPIソリューションの採用は、COVID-19の大流行によって、ロックダウンや社会的距離の取り方が、遠隔管理可能なクラウドソリューションへの移行を企業に促すため、支持されると予測される。拡張性があり、使いやすく、費用対効果の高い音声テキストAPIソリューションへの需要が高まっていることから、音声テキストAPI市場におけるクラウド分野の成長が加速すると予想されます。
中小企業分野が予測期間中に高いCAGRを維持する
音声テキストAPI市場は、組織規模によって大企業と中小企業に区分されます。中小企業向けは、予測期間中に高いCAGRを記録すると予測される。大企業セグメントは、2021年にはより大きな市場シェアを占めると推定される。このセグメントの成長は、大企業における新進の中小企業との競争の激化に起因している。費用対効果の高いクラウドソリューションが利用できるため、音声テキストAPIソリューションおよびサービスは、予測期間中に中小企業で突出した成長率を記録すると予測される。
不正検知・防止アプリケーションは、予測期間中に最も大きな市場規模を持つことになります。
Speech-to-text API市場は、用途別にリスク・コンプライアンス管理、不正検知・防止、顧客管理、コンテンツ転写、コンタクトセンター管理、字幕生成、その他の用途（ビジネスプロセス管理、品質モニタリング、電話会議分析）に分類されます。2021年の市場規模は、不正検知・防止分野が最も大きくなると予想されます。この成長の背景には、メディアやエンターテインメント業界において、音声や映像コンテンツを検索・共有可能なテキストに書き起こすための音声テキスト化APIの需要が高まっていることがあります。
地域別では、APACが予測期間中に最も高いCAGRを記録する見込み
APACは予測期間中、最も速い成長率を維持すると予想されます。APACの成長は、中国、日本、インドなどの国々で技術的進歩が進んでいることに起因しています。音声制御のコネクテッドデバイスの広範な採用やスマートデバイスの急速な普及が、APACの音声テキストAPI市場の成長を促す主な要因となっています。また、予測期間中の市場規模では、ヨーロッパが2番目に大きいとされています。顧客エンゲージメントと顧客維持に関連する企業のワークロードを削減する需要の高まりが、欧州全域で音声テキストAPIを採用する主な要因となっています。
プライマリーの内訳
音声テキストAPI市場で事業を展開するさまざまな主要組織の最高経営責任者（CEO）、イノベーションおよびテクノロジー担当役員、システムインテグレーター、経営幹部に対して詳細なインタビューを実施した。
企業別ではティアI：35％、ティアII：45％、ティアIII：20
役職別C-レベルエグゼクティブ。35％、D-レベル幹部40％、その他25
地域別APAC:30 %、ヨーロッパ:20%、北米:45%、その他。5%

本レポートでは、音声テキストAPI市場を提供する主要企業の調査も行っています。対象となる主要ベンダーは、Google（米国）、Microsoft（米国）、AWS（米国）、IBM（米国）、Verint（米国）、Baidu（中国）、Twilio（米国）、Speechmatics（英国）、VoiceCloud（米国）、VoiceBase（米国）、Voci（米国）、Kasisto（米国）、Nexmo（米国）、Contus（インド）、GoVivace（米国）、GL Communications（米国）、Wit.Tech（米国）、Speechmatics（英国）、Contus（米国）、VoiceBase（米国）、Voci（米国）、Nexmo（米国）、VoiceCloud（米国）、Voci（米国ai（米国）、VoxSciences（米国）、Rev（米国）、Vocapia Research（フランス）、Deepgram（米国）、Otter.ai（米国）、AssemblyAI（米国）、Verbit（米国）、 Behavioral Signals（米国）、Chorus.ai（米国）、Gnani.ai（インド）、Sayint.ai（インド）、AmberScript（オランダ）などが挙げられる。
研究対象
音声テキストAPI市場の調査には、広範な二次資料、ディレクトリ、Journal of Intelligent Learning Systems and Applications、International Journal of Advanced Science and Technology、International Research Journal of Engineering and Technology（IRJET）などの複数のジャーナルを使用しました。一次情報源は、主に基幹・関連業界の専門家、優先音声テキストAPIプロバイダー、サードパーティサービスプロバイダー、コンサルティングサービスプロバイダー、エンドユーザー、その他営利企業である。重要な定性的・定量的情報を入手・検証し、市場の展望を評価するために、主要な業界関係者や主題専門家など、さまざまな一次回答者に詳細なインタビューを実施した
本レポートを購入する主なメリット
このレポートは、音声テキストAPI市場全体とそのサブセグメントにおける収益数の最も近い近似値に関する情報を、この市場のリーダー/新規参入者に提供するものである。ステークホルダーが競争環境を理解し、自社のビジネスを位置づけ、適切な市場参入戦略を計画するためのより良い洞察を得るのに役立つだろう。また、利害関係者が市場の脈動を理解するのに役立ち、主要な市場促進要因、阻害要因、課題、機会に関する情報を提供する。

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目次

1 INTRODUCTION 43
1.1 INTRODUCTION TO COVID-19 43
1.2 COVID-19 HEALTH ASSESSMENT 43
FIGURE 1 COVID-19: GLOBAL PROPAGATION 43
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 44
1.3 COVID-19 ECONOMIC ASSESSMENT 44
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2021 45
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 46
FIGURE 4 CRITERIA IMPACTING THE GLOBAL ECONOMY 46
1.4 OBJECTIVES OF THE STUDY 47
1.5 MARKET DEFINITION 47
1.5.1 INCLUSIONS AND EXCLUSIONS 48
1.6 MARKET SCOPE 49
1.6.1 MARKET SEGMENTATION 49
1.6.2 REGIONS COVERED 49
1.6.3 YEARS CONSIDERED FOR THE STUDY 50
1.7 CURRENCY CONSIDERED 50
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2018–2020 50
1.8 STAKEHOLDERS 50
1.9 SUMMARY OF CHANGES 51
2 RESEARCH METHODOLOGY 52
2.1 RESEARCH DATA 52
FIGURE 5 SPEECH-TO-TEXT API MARKET: RESEARCH DESIGN 52
2.1.1 SECONDARY DATA 53
2.1.2 PRIMARY DATA 53
TABLE 2 PRIMARY INTERVIEWS 53
2.1.2.1 Breakup of primary profiles 54
2.1.2.2 Key industry insights 54
2.2 MARKET BREAKUP AND DATA TRIANGULATION 55
FIGURE 6 DATA TRIANGULATION 55
2.3 MARKET SIZE ESTIMATION 56
FIGURE 7 SPEECH-TO-TEXT API MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 56
2.3.1 TOP-DOWN APPROACH 56
2.3.2 BOTTOM-UP APPROACH 57
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOFTWARE/SERVICES OF THE SPEECH-TO-TEXT API MARKET 57
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY- APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE/SERVICES OF THE SPEECH-TO-TEXT API MARKET 58
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 3, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE/SERVICES OF THE SPEECH-TO-TEXT API MARKET 59
FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF SPEECH-TO-TEXT API THROUGH OVERALL SPEECH-TO-TEXT API SPENDING 59
2.4 MARKET FORECAST 60
TABLE 3 FACTOR ANALYSIS 60
2.5 COMPANY EVALUATION MATRIX METHODOLOGY 61
FIGURE 12 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE 62
2.6 STARTUP/SME EVALUATION MATRIX METHODOLOGY 63
FIGURE 13 STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE 63
2.7 ASSUMPTIONS FOR THE STUDY 63
2.8 LIMITATIONS OF THE STUDY 65
2.9 IMPLICATIONS OF COVID-19 ON THE SPEECH-TO-TEXT API MARKET 66
FIGURE 14 QUARTERLY IMPACT OF COVID-19 DURING 2020–2021 66
3 EXECUTIVE SUMMARY 68
TABLE 4 GLOBAL SPEECH-TO-TEXT API MARKET SIZE AND GROWTH RATE,
2017–2020 (USD MILLION, Y-O-Y %) 69
TABLE 5 GLOBAL SPEECH-TO-TEXT API MARKET SIZE AND GROWTH RATE,
2021–2026 (USD MILLION, Y-O-Y %) 70
FIGURE 15 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY COMPONENT 70
FIGURE 16 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY SERVICE 70
FIGURE 17 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY PROFESSIONAL SERVICE 71
FIGURE 18 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY DEPLOYMENT MODE 71
FIGURE 19 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY ORGANIZATION SIZE 71
FIGURE 20 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY APPLICATION 72
FIGURE 21 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY VERTICAL 72
FIGURE 22 SPEECH-TO-TEXT API MARKET SNAPSHOT, BY REGION 73
4 PREMIUM INSIGHTS 74
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE SPEECH-TO-TEXT API MARKET 74
FIGURE 23 RISING NEED FOR VOICE-BASED DEVICES COUPLED WITH THE PROLIFERATION OF SMARTPHONES TO DRIVE THE GROWTH OF THE SPEECH-TO-TEXT API MARKET 74
4.2 SPEECH-TO-TEXT API MARKET: TOP THREE APPLICATIONS 75
FIGURE 24 CONTENT TRANSCRIPTION APPLICATION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 75
4.3 SPEECH-TO-TEXT API MARKET: BY REGION 75
FIGURE 25 NORTH AMERICA TO HOLD THE LARGEST MARKET SHARE IN 2021 75
4.4 SPEECH-TO-TEXT API MARKET IN NORTH AMERICA, TOP THREE APPLICATIONS AND VERTICALS 76
FIGURE 26 FRAUD DETECTION AND PREVENTION APPLICATION AND BFSI VERTICAL TO ACCOUNT FOR THE LARGEST SHARES IN THE MARKET IN 2021 76
5 MARKET OVERVIEW AND INDUSTRY TRENDS 77
5.1 INTRODUCTION 77
5.2 MARKET DYNAMICS 77
FIGURE 27 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SPEECH-TO-TEXT API MARKET 77
5.2.1 DRIVERS 78
5.2.1.1 Rising need for voice-based devices coupled with the proliferation of smartphones 78
TABLE 6 SMART DEVICES CONSUMPTION 78
5.2.1.2 Stringent regulations and compliance to boost the demand for speech technology 78
5.2.1.3 Increasing usability of speech and voice technology for transcription 79
5.2.1.4 Growing demand for voice authentication in mobile banking applications during COVID-19 79
5.2.2 RESTRAINTS 80
5.2.2.1 Transcribing audio from multi-channels may hinder the adoption of speech-to-text API 80
5.2.2.2 Concerns regarding data privacy and security due to pandemic 80
5.2.2.3 Huge investments and costs to incur while implementing speech technology 80
5.2.3 OPPORTUNITIES 80
5.2.3.1 Innovation in speech-to-text solutions for temporarily and permanently disabled students 80
5.2.3.2 Development of speech-to-text API for micro-linguistics and local languages 81
5.2.3.3 Growing inclination toward cloud-based speech-to-text software 81
5.2.4 CHALLENGES 81
5.2.4.1 Multilingual support for captioning and subtitling 81
5.2.4.2 Building custom vocabulary across various verticals 82
5.2.4.3 Excessive background noise or echoes may increase the error rate 82
5.2.5 CUMULATIVE GROWTH ANALYSIS 82
5.3 SPEECH-TO-TEXT API: EVOLUTION 83
FIGURE 28 EVOLUTION OF SPEECH-TO-TEXT API MARKET 83
5.4 ECOSYSTEM 84
FIGURE 29 SPEECH-TO-TEXT API MARKET: ECOSYSTEM 84
5.5 SUPPLY CHAIN ANALYSIS 85
FIGURE 30 SUPPLY CHAIN ANALYSIS 85
TABLE 7 SPEECH-TO-TEXT API MARKET: SUPPLY CHAIN 86
5.6 SPEECH-TO-TEXT API MARKET: COVID-19 IMPACT 87
FIGURE 31 SPEECH-TO-TEXT API MARKET TO WITNESS MINIMAL SLOWDOWN IN GROWTH IN 2020 88
5.7 TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS OF THE SPEECH-TO-TEXT API MARKET 89
FIGURE 32 SPEECH-TO-TEXT API MARKET: TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS 89
5.8 REGULATORY IMPLICATIONS 89
5.8.1 GENERAL DATA PROTECTION REGULATION 89
5.8.2 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT 90
5.8.3 CALIFORNIA CONSUMER PRIVACY ACT 90
5.8.4 CHILDREN'S ONLINE PRIVACY PROTECTION ACT 90
5.8.5 AMERICANS WITH DISABILITIES ACT 90
5.8.6 OFFICE OF COMMUNICATIONS 91
5.8.7 POLISH CIVIL CODE 91
5.8.8 FEDERAL COMMUNICATIONS COMMISSION 91
5.9 CASE STUDY ANALYSIS 91
5.9.1 RETAIL AND ECOMMERCE: USE CASES 91
5.9.1.1 Rev supported Home Depot to deliver captions, foreign language subtitles, and translations to the users 91
5.9.2 MEDIA AND ENTERTAINMENT: USE CASES 92
5.9.2.1 Spotify implemented Rev’s transcribe solution to provide on-demand content to the users 92
5.9.2.2 Rev’s Temi software helped Richard in transcribing the podcast and build a comprehensive solution that creates a full transcript of the podcast automatically 92
5.9.3 HEALTHCARE AND LIFE SCIENCES: USE CASES 93
5.9.3.1 Cerner deployed Amazon transcribe to lower medical transcription costs and provide data security 93
5.9.3.2 AWS benefitted Houston Methodist to improve clinical efficiency and alleviate nursing and physician burnout with voice-activated technology 93
5.9.4 BANKING, FINANCIAL SERVICES, AND INSURANCE: USE CASES 93
5.9.4.1 KPMG deployed Microsoft cognitive services to support its customers automate transcription 93
5.9.5 IT AND TELECOM: USE CASES 94
5.9.5.1 Call Rail implemented speech-to-text API offered by AssemblyAI to improve call transcription accuracy 94
5.9.5.2 Deepgram offered Red Box a customizable Automated Speech Recognition (ASR) solution to provide more accuracy, speed, and customization process 94
5.9.5.3 Sharpen technologies deployed Deepgram’s ASR platform that enables customers to maintain compliance without breaking the bank 95
5.9.5.4 Audioburst deployed Amazon Transcribe solution to convert audio streams into text at a reasonable cost 95
5.9.6 ENERGY AND UITILITES: USE CASES 96
5.9.6.1 AWS offered Amazon Transcribe to Octopus Energy to train custom speech recognition models and analyze contact center calls per month 96
5.9.7 OTHER VERTICALS: USE CASES 96
5.9.7.1 Keypath Education deployed speech-to-text software offered by Verbit to enhance quality of online education to the students 96
5.9.7.2 The university of Glasgow implemented Verbit’s speech-to-text API to offer students with effective online learning program 97
5.9.7.3 Rev provided Shapiro+Raj a reliable transcription solution to get in-depth insights from client’s data 97
5.9.7.4 Echo360 selected Amazon transcribe to improve the learning experience for all students and reduce overall costs 98
5.9.7.5 Epiq deployed Amazon Transcribe to automate and accelerate transcription courtroom proceedings and multimedia assets 98
5.10 TECHNOLOGY ANALYSIS 98
5.10.1 NATURAL LANGUAGE PROCESSING AND SPEECH-TO-TEXT API 98
5.10.2 ARTIFICIAL INTELLIGENCE AND SPEECH-TO-TEXT API 99
5.11 PATENT ANALYSIS 99
5.11.1 METHODOLOGY 99
5.11.2 DOCUMENT TYPE 99
TABLE 8 PATENTS FILED, 2018-2021 99
5.11.3 INNOVATION AND PATENT APPLICATIONS 99
FIGURE 33 TOTAL NUMBER OF PATENTS GRANTED IN A YEAR, 2018–2021 100
5.11.3.1 Top applicants 100
FIGURE 34 TOP 10 COMPANIES WITH THE HIGHEST NUMBER OF PATENT APPLICATIONS, 2018–2021 100
5.12 PRICING MODEL ANALYSIS, 2021 100
TABLE 9 SPEECH-TO-TEXT API MARKET: PRICING MODEL ANALYSIS, 2021 101
5.13 PORTER’S FIVE FORCES ANALYSIS 102
TABLE 10 IMPACT OF EACH FORCE ON THE SPEECH-TO-TEXT API MARKET 102
FIGURE 35 PORTER’S FIVE FORCES ANALYSIS 102
5.13.1 THREAT OF NEW ENTRANTS 103
5.13.2 THREAT OF SUBSTITUTES 103
5.13.3 BARGAINING POWER OF SUPPLIERS 103
5.13.4 BARGAINING POWER OF BUYERS 103
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 104
5.14 SCENARIO 104
TABLE 11 CRITICAL FACTORS TO IMPACT THE GROWTH OF THE SPEECH-TO-TEXT API MARKET 104
6 SPEECH-TO-TEXT API MARKET, BY COMPONENT 105
6.1 INTRODUCTION 106
6.1.1 COMPONENTS: COVID-19 IMPACT 106
FIGURE 36 SERVICES SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD 107
TABLE 12 SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2017–2020 (USD MILLION) 107
TABLE 13 SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 107
6.2 SOFTWARE 108
6.2.1 GROWING INCLINATION TOWARD VOICE-BASED TECHNOLOGY TO ENHANCE THE CUSTOMER EXPERIENCE TO BOOST THE DEMAND FOR SPEECH-TO-TEXT API AND SOFTWARE 108
TABLE 14 SOFTWARE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 108
TABLE 15 SOFTWARE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 108
6.3 SERVICES 109
FIGURE 37 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 109
TABLE 16 SPEECH-TO-TEXT API MARKET SIZE, BY SERVICE, 2017–2020 (USD MILLION) 109
TABLE 17 SPEECH-TO-TEXT API MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION) 110
TABLE 18 SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 19 SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 110
6.3.1 PROFESSIONAL SERVICES 111
FIGURE 38 TRAINING AND CONSULTING SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 111
TABLE 20 PROFESSIONAL SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 111
TABLE 21 PROFESSIONAL SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 112
TABLE 22 PROFESSIONAL SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 112
TABLE 23 PROFESSIONAL SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 112
6.3.1.1 Training and consulting 113
6.3.1.1.1 Technicalities involved in implementing speech-to-text API and services to boost the demand for training and consulting services 113
TABLE 24 TRAINING AND CONSULTING: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 113
TABLE 25 TRAINING AND CONSULTING: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 113
6.3.1.2 Deployment and integration 114
6.3.1.2.1 Growing need to overcome system-related issues effectively to drive the demand for system integration and deployment services 114
TABLE 26 DEPLOYMENT AND INTEGRATION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 114
TABLE 27 DEPLOYMENT AND INTEGRATION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 114
6.3.1.3 Support and maintenance 115
6.3.1.3.1 Growing deployment of speech-to-text API and software tools to boost the demand for support and maintenance services 115
TABLE 28 SUPPORT AND MAINTENANCE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 115
TABLE 29 SUPPORT AND MAINTENANCE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 115
6.3.2 MANAGED SERVICES 116
6.3.2.1 Increasing need to monitor and maintain tool operations and reduce overhead costs to drive the demand for managed services 116
TABLE 30 MANAGED SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 116
TABLE 31 MANAGED SERVICES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 116
7 SPEECH-TO-TEXT API MARKET, BY DEPLOYMENT MODE 117
7.1 INTRODUCTION 118
7.1.1 DEPLOYMENT MODES: COVID-19 IMPACT 118
FIGURE 39 CLOUD SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD 119
TABLE 32 SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE,
2017–2020 (USD MILLION) 119
TABLE 33 SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE,
2021–2026 (USD MILLION) 119
7.2 ON-PREMISES 120
7.2.1 DATA-SENSITIVE ORGANIZATIONS TO ADOPT THE ON-PREMISES DEPLOYMENT MODE TO DEPLOY SPEECH-TO-TEXT API ACROSS THE GLOBE 120
TABLE 34 ON-PREMISES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 120
TABLE 35 ON-PREMISES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 120
7.3 CLOUD 121
7.3.1 THE INCREASING DEMAND FOR SCALABLE, EASY-TO-USE, AND COST-EFFECTIVE SPEECH-TO-TEXT API TO ACCELERATE THE GROWTH OF THE CLOUD DEPLOYMENT MODE 121
TABLE 36 CLOUD: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 121
TABLE 37 CLOUD: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 121
8 SPEECH-TO-TEXT API MARKET, BY ORGANIZATION SIZE 122
8.1 INTRODUCTION 123
8.1.1 ORGANIZATION SIZES: COVID-19 IMPACT 123
FIGURE 40 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD 124
TABLE 38 SPEECH-TO-TEXT API MARKET SIZE, BY ORGANIZATION SIZE,
2017–2020 (USD MILLION) 124
TABLE 39 SPEECH-TO-TEXT API MARKET SIZE, BY ORGANIZATION SIZE,
2021–2026 (USD MILLION) 124
8.2 LARGE ENTERPRISES 125
8.2.1 INCREASING USE OF ADVANCED TECHNOLOGIES TO BOOST THE ADOPTION OF SPEECH-TO-TEXT API IN LARGE ENTERPRISES 125
TABLE 40 LARGE ENTERPRISES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 125
TABLE 41 LARGE ENTERPRISES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 125
8.3 SMALL AND MEDIUM-SIZED ENTERPRISES 126
8.3.1 AVAILABILITY OF THE CLOUD-BASED COST-EFFECTIVE SOLUTIONS TO FUEL THE ADOPTION OF SPEECH-TO-TEXT API IN SMALL AND MEDIUM-SIZED ENTERPRISES 126
TABLE 42 SMALL AND MEDIUM-SIZED ENTERPRISES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 126
TABLE 43 SMALL AND MEDIUM-SIZED ENTERPRISES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 126
9 SPEECH-TO-TEXT API MARKET, BY APPLICATION 127
9.1 INTRODUCTION 128
9.1.1 APPLICATIONS: COVID-19 IMPACT 128
FIGURE 41 CONTENT TRANSCRIPTION SEGMENT TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD 128
TABLE 44 SPEECH-TO-TEXT API MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 129
TABLE 45 SPEECH-TO-TEXT API MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 129
9.2 RISK AND COMPLIANCE MANAGEMENT 130
9.2.1 RISING NON-COMPLIANCE COSTS TO COMPELL COMPANIES TO ADOPT SPEECH-TO-TEXT API 130
TABLE 46 RISK AND COMPLIANCE MANAGEMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 130
TABLE 47 RISK AND COMPLIANCE MANAGEMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 130
9.3 FRAUD DETECTION AND PREVENTION 131
9.3.1 INCREASING INSTANCES OF FRAUDS TO PROMPT BANKS AND FINANCIAL INSTITUTIONS TO ADOPT ADVANCED SPEECH-TO-TEXT API 131
TABLE 48 FRAUD DETECTION AND PREVENTION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 131
TABLE 49 FRAUD DETECTION AND PREVENTION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 131
9.4 CUSTOMER MANAGEMENT 132
9.4.1 NEED TO EXTRACT MEANINGFUL DATA FROM CUSTOMER INTERACTIONS TO BOOST THE DEMAND FOR SPEECH-TO-TEXT API 132
TABLE 50 CUSTOMER MANAGEMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 132
TABLE 51 CUSTOMER MANAGEMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 132
9.5 CONTENT TRANSCRIPTION 133
9.5.1 GROWING NEED TO PROVIDE UNDERSTANDABLE AND SEARCHABLE TRANSCRIPTION OF AUDIO AND VIDEO DATA TO FUEL THE ADOPTION OF SPEECH-TO-TEXT API 133
TABLE 52 CONTENT TRANSCRIPTION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 133
TABLE 53 CONTENT TRANSCRIPTION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 133
9.6 CONTACT CENTER MANAGEMENT 134
9.6.1 GROWING NEED TO MANAGE DAILY OPERATIONS OF THE CONTACT CENTER TO FUEL THE ADOPTION OF SPEECH-TO-TEXT API 134
TABLE 54 CONTACT CENTER MANAGEMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 134
TABLE 55 CONTACT CENTER MANAGEMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 134
9.7 SUBTITLE GENERATION 135
9.7.1 GROWING NEED TO GENERATE AUTOMATIC CAPTIONS TO BOOST THE ADOPTION OF SPEECH-TO-TEXT API FOR SUBTITLE GENERATION APPLICATION 135
TABLE 56 SUBTITLE GENERATION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 135
TABLE 57 SUBTITLE GENERATION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 135
9.8 OTHER APPLICATIONS 136
TABLE 58 OTHER APPLICATIONS: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 136
TABLE 59 OTHER APPLICATIONS: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 136
10 SPEECH-TO-TEXT API MARKET, BY VERTICAL 137
10.1 INTRODUCTION 138
10.1.1 VERTICALS: COVID-19 IMPACT 138
FIGURE 42 BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO GROW AT THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD 139
TABLE 60 SPEECH-TO-TEXT API MARKET SIZE, BY VERTICAL,
2017–2020 (USD MILLION) 139
TABLE 61 SPEECH-TO-TEXT API MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 140
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 140
10.2.1 RISING NEED FOR AUTOMATED CUSTOMER SERVICE AND QUERY RESOLVER TO FUEL THE ADOPTION OF SPEECH-TO-TEXT API 140
TABLE 62 BANKING, FINANCIAL SERVICES, AND INSURANCE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 141
TABLE 63 BANKING, FINANCIAL SERVICES, AND INSURANCE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 141
10.3 IT AND TELECOM 141
10.3.1 WIDESPREAD ADOPTION OF 4G/5G TECHNOLOGY TO BOOST THE ADOPTION OF SPEECH-TO-TEXT API ACROSS IT AND TELECOM SECTOR 141
TABLE 64 IT AND TELECOM: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 142
TABLE 65 IT AND TELECOM: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 142
10.4 MEDIA AND ENTERTAINMENT 142
10.4.1 INCREASED DEMAND FOR CONTENT TRANSCRIPTION TO BOOST THE ADOPTION OF SPEECH-TO-TEXT API IN MEDIA AND ENTERTAINMENT 142
TABLE 66 MEDIA AND ENTERTAINMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 143
TABLE 67 MEDIA AND ENTERTAINMENT: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 143
10.5 HEALTHCARE AND LIFE SCIENCES 143
10.5.1 GROWING REGULATORY REQUIREMENTS AND NEED FOR DOCUMENTATION TO FUEL THE ADOPTION OF SPEECH-TO-TEXT API ACROSS HEALTHCARE AND LIFE SCIENCES VERTICAL 143
TABLE 68 HEALTHCARE AND LIFE SCIENCES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 144
TABLE 69 HEALTHCARE AND LIFE SCIENCES: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 144
10.6 RETAIL AND ECOMMERCE 144
10.6.1 NEED TO DELIVER REAL-TIME CUSTOMER EXPERIENCE TO DRIVE THE ADOPTION OF SPEECH-TO-TEXT API IN RETAIL AND ECOMMERCE VERTICAL 144
TABLE 70 RETAIL AND ECOMMERCE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 145
TABLE 71 RETAIL AND ECOMMERCE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 145
10.7 TRAVEL AND HOSPITALITY 146
10.7.1 INCREASING COMPETITION AMONG PLAYERS TO DRIVE THE ADOPTION OF SPEECH-TO-TEXT API IN TRAVEL AND HOSPITALITY 146
TABLE 72 TRAVEL AND HOSPITALITY: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 146
TABLE 73 TRAVEL AND HOSPITALITY: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 146
10.8 GOVERNMENT AND DEFENSE 147
10.8.1 GROWING GOVERNMENT INITIATIVES TO DRIVE THE ADOPTION OF SPEECH-TO-TEXT API IN THE GOVERNMENT AND DEFENSE SECTOR 147
TABLE 74 GOVERNMENT AND DEFENSE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 147
TABLE 75 GOVERNMENT AND DEFENSE: SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 147
10.9 EDUCATION 148
10.9.1 GROWING DEMAND FOR ONLINE LEARNING SOFTWARE TO DRIVE THE ADOPTION OF SPEECH-TO-TEXT API ACROSS THE EDUCATION SECTOR 148
TABLE 76 EDUCATION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 148
TABLE 77 EDUCATION: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 148
10.10 OTHER VERTICALS 149
TABLE 78 OTHER VERTICALS: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 149
TABLE 79 OTHER VERTICALS: SPEECH-TO-TEXT API MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
11 SPEECH-TO-TEXT API MARKET, BY REGION 150
11.1 INTRODUCTION 151
FIGURE 43 INDIA TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD 151
FIGURE 44 ASIA PACIFIC TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD 152
TABLE 80 SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 152
TABLE 81 SPEECH-TO-TEXT API MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 152
11.2 NORTH AMERICA 153
11.2.1 NORTH AMERICA: COVID-19 IMPACT 153
11.2.2 NORTH AMERICA: REGULATIONS 154
11.2.2.1 Personal Information Protection and Electronic Documents Act (PIPEDA) 154
11.2.2.2 Gramm–Leach–Bliley Act 154
11.2.2.3 Health Insurance Portability and Accountability Act of 1996 154
11.2.2.4 Health Level Seven (HL7) 155
11.2.2.5 Occupational Safety and Health Administration (OSHA) 155
11.2.2.6 Federal Information Security Management Act (FISMA) 155
11.2.2.7 Federal Information Processing Standards 155
11.2.2.8 California Consumer Privacy Act 156
FIGURE 45 NORTH AMERICA: MARKET SNAPSHOT 156
TABLE 82 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2017–2020 (USD MILLION) 157
TABLE 83 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 157
TABLE 84 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY SERVICE,
2017–2020 (USD MILLION) 157
TABLE 85 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 157
TABLE 86 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY PROFESSIONAL SERVICE, 2017–2020 (USD MILLION) 158
TABLE 87 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 158
TABLE 88 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 158
TABLE 89 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 158
TABLE 90 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY ORGANIZATION SIZE, 2017–2020 (USD MILLION) 159
TABLE 91 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 159
TABLE 92 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 159
TABLE 93 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 160
TABLE 94 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY VERTICAL,
2017–2020 (USD MILLION) 160
TABLE 95 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 161
TABLE 96 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 161
TABLE 97 NORTH AMERICA: SPEECH-TO-TEXT API MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 161
11.2.3 UNITED STATES 162
11.2.3.1 Rapid growth of technology and innovation that led to the adoption of the speech-to-text API market in the US 162
TABLE 98 UNITED STATES: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2017–2020 (USD MILLION) 162
TABLE 99 UNITED STATES: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 162
TABLE 100 UNITED STATES: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 162
TABLE 101 UNITED STATES: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 163
11.2.4 CANADA 163
11.2.4.1 Rising government focus on R&D activities to boost the adoption of the speech-to-text API market in Canada 163
TABLE 102 CANADA: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2017–2020 (USD MILLION) 163
TABLE 103 CANADA: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 163
TABLE 104 CANADA: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 164
TABLE 105 CANADA: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 164
11.3 EUROPE 164
11.3.1 EUROPE: COVID-19 IMPACT 164
11.3.2 EUROPE: REGULATIONS 165
11.3.2.1 General Data Protection Regulation 165
11.3.2.2 Payment Card Industry Data Security Standard 165
11.3.2.3 European Committee for Standardization 165
TABLE 106 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2017–2020 (USD MILLION) 166
TABLE 107 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 166
TABLE 108 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY SERVICE,
2017–2020 (USD MILLION) 166
TABLE 109 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 166
TABLE 110 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY PROFESSIONAL SERVICE, 2017–2020 (USD MILLION) 167
TABLE 111 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 167
TABLE 112 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 167
TABLE 113 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 167
TABLE 114 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY ORGANIZATION SIZE, 2017–2020 (USD MILLION) 168
TABLE 115 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 168
TABLE 116 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 168
TABLE 117 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 169
TABLE 118 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY VERTICAL,
2017–2020 (USD MILLION) 169
TABLE 119 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 170
TABLE 120 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 170
TABLE 121 EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 170
11.3.3 UNITED KINGDOM 171
11.3.3.1 Rising adoption of advanced technologies, coupled with stringent regulations, to boost the speech-to-text API market growth in the UK 171
TABLE 122 UNITED KINGDOM: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2017–2020 (USD MILLION) 171
TABLE 123 UNITED KINGDOM: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 171
TABLE 124 UNITED KINGDOM: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 172
TABLE 125 UNITED KINGDOM: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 172
11.3.4 GERMANY 172
11.3.4.1 Growing adoption of speech technology for extrapolating audio-visual content and enabling interaction in business-to-business applications across Germany 172
TABLE 126 GERMANY: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2017–2020 (USD MILLION) 172
TABLE 127 GERMANY: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 173
TABLE 128 GERMANY: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 173
TABLE 129 GERMANY: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 173
11.3.5 FRANCE 173
11.3.5.1 Significant fundings from startups and ongoing efforts from private companies to drive the speech-to-text API market growth in France 173
TABLE 130 FRANCE: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2017–2020 (USD MILLION) 174
TABLE 131 FRANCE: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 174
TABLE 132 FRANCE: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 174
TABLE 133 FRANCE: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 174
11.3.6 REST OF EUROPE 175
TABLE 134 REST OF EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2017–2020 (USD MILLION) 175
TABLE 135 REST OF EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 175
TABLE 136 REST OF EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2017–2020 (USD MILLION) 175
TABLE 137 REST OF EUROPE: SPEECH-TO-TEXT API MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 176