世界各国のリアルタイムなデータ・インテリジェンスで皆様をお手伝い

音声認識・スピーチ認識市場:展開形態(オンクラウド、オンプレミス/組込み)、技術(音声認識、音声認識)、業種、地域(米州、欧州、アジア太平洋、その他の地域)別 - 2027年までの世界予測


Speech and Voice Recognition Market by Deployment Mode (On-Cloud, On-Premises/Embedded), Technology (Speech Recognition, Voice Recognition), Vertical and Geography (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2027

音声・スピーチ認識の世界市場規模は、2022年の94億米ドルから2027年には281億米ドルに成長すると予測され、2022年から2027年にかけて年平均成長率24.4%で成長すると予測されています。音声および音声認識市場の... もっと見る

 

 

出版社 出版年月 電子版価格 ページ数 図表数 言語
MarketsandMarkets
マーケッツアンドマーケッツ
2022年6月24日 US$4,950
シングルユーザライセンス
ライセンス・価格情報・注文方法はこちら
276 303 英語

日本語のページは自動翻訳を利用し作成しています。


 

サマリー

音声・スピーチ認識の世界市場規模は、2022年の94億米ドルから2027年には281億米ドルに成長すると予測され、2022年から2027年にかけて年平均成長率24.4%で成長すると予測されています。音声および音声認識市場の成長の主な要因としては、効率向上のためのヘルスケアにおける需要の増加や、スマート家電の普及が挙げられます。音声および音声認識技術は、ヘルスケア分野において、健康診断の報告やデータ入力、医師や付添人・看護師が不在の場合に主に使用されています。このようなソフトウェアソリューションにより、医療従事者は患者のケアから離れることなく、電気医療記録(EHR)システムやコンピューターにメモを入力でき、1日中生産性を維持することができます。これにより、医療従事者は事務処理のために職場に遅くまで残っている必要がなくなり、日中により多くの患者を訪問できるようになります。医療用アプリケーションにおける自動音声認識システムの使いやすさとハンズフリー機能により、医師は効率的に仕事をこなすことができ、音声認識・スピーチ市場の成長を後押ししています。

スマート家電における音声認識技術の広範な浸透


スマートホームやスマート家電の需要は、インターネットの普及、急速な技術進歩、セキュリティや利便性を実現するためのホームオートメーションへの注目の高まりなど、さまざまな要因によって増加しています。また、COVID-19の大流行により、日常生活のほぼすべての場面でスマートデバイスやスマート家電の利用が促されています。人々は自宅で仕事をすることを奨励されており、音声および音声認識技術に基づく製品への高い需要につながっています。
スマート家電のメーカーは、ユーザーが1つの音声認識技術ベースの製品からすべての家電製品を制御できるように、製品に音声認識機能を追加しています。Alexa、Cortana、Siriといった製品の需要が大きく伸びている。スマート家電の大手メーカーであるサムスン電子(韓国)は、音声認識技術を内蔵した「Smart Things」アプリを導入し、ユーザーが音声コマンド一つで家中の家電をコントロールできるようにしました。ワールプールやフィリップスなど、他のいくつかのメーカーも同様の音声操作ソリューションを提供しています。消費者の自動化志向に伴い、音声認識技術に基づく製品の需要も増加すると考えられます。



音声認識市場において最も成長が著しいのはAPAC地域

アジア太平洋地域の音声認識市場は、技術の進歩、これらの技術の利点に関する大衆の認識の向上、および音声認識デバイスの低コスト化により、2022年から2027年にかけて最も高いCAGRで成長すると予想されます。アジア太平洋地域では、中国、日本、インドが音声認識市場の主要国となっています。この地域では、Baidu(中国)とiFlytek(中国)が音声認識市場で事業を展開している上位2社となっています。
本調査で実施したプライマリーの内訳は以下のように描かれています。
- 企業タイプ別企業タイプ別:Tier1 35%、Tier2 45%、Tier3 20
- 役職別Cレベル経営者:35%、役員:25%、その他:40
- 地域別北米:45%、欧州:20%、APAC:30%、その他の地域:5
調査対象
本レポートでは、音声認識市場を、地域(米州、欧州、アジア太平洋、RoW)、導入形態(オンクラウド、オンプレミス/組み込み)、技術(音声認識、音声認識)、業種(自動車、企業、消費者、銀行、金融サービス、保険(BFSI)、政府、小売、医療、軍事、法務、教育、その他(航空宇宙、公益事業、旅行・観光))別に、数量と金額で分類し、市場を予測している。また、音声認識市場に関する市場の促進要因、阻害要因、機会、課題についても包括的にレビューしています。また、これらの市場の定量的側面に加え、定性的側面もカバーしています。
本レポートを購入する主なメリット
1 本レポートには、展開モード、技術、業種、地域に関する市場統計が含まれています。
2 詳細なバリューチェーン分析は、thespeechと音声認識市場に深い洞察を提供するために行われている。
3 主要な市場ドライバ、阻害要因、課題、および機会が本レポートに詳述されています。
4 音声認識市場の全体像を提供するために、展開モード、技術、垂直、地域に基づく市場の例示的な区分、分析、および予測が実施されています。
5 主要プレイヤーの詳細な分析とランキングを掲載しています。

ページTOPに戻る


目次

1 INTRODUCTION 36
1.1 STUDY OBJECTIVES 36
1.2 DEFINITION 36
1.2.1 INCLUSIONS AND EXCLUSIONS 37
1.3 SUMMARY OF CHANGES 37
1.4 STUDY SCOPE 38
1.4.1 MARKETS COVERED 38
1.4.2 GEOGRAPHIC SCOPE 38
1.4.3 YEARS CONSIDERED 39
1.5 CURRENCY 39
1.6 LIMITATIONS 39
1.7 STAKEHOLDERS 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 1 PROCESS FLOW: SPEECH AND VOICE RECOGNITION
MARKET SIZE ESTIMATION 41
FIGURE 2 SPEECH AND VOICE RECOGNITION MARKET: RESEARCH DESIGN 42
2.1.1 SECONDARY AND PRIMARY RESEARCH 43
FIGURE 3 RESEARCH APPROACH 43
2.1.2 SECONDARY DATA 43
2.1.2.1 Secondary sources 44
2.1.2.2 Key secondary sources 44
2.1.3 PRIMARY DATA 44
2.1.3.1 Primary sources 45
2.1.3.2 Key industry insights 45
2.1.3.3 Primary interview breakup 46
2.1.3.4 List of key primary respondents 46
2.1.3.5 Breakdown of primaries 46
2.2 MARKET SIZE ESTIMATION 47
2.2.1 BOTTOM-UP APPROACH 47
2.2.1.1 Approach for arriving at market size by bottom-up analysis 47
FIGURE 4 SPEECH AND VOICE RECOGNITION MARKET: BOTTOM-UP APPROACH 48
2.2.2 TOP-DOWN APPROACH 48
2.2.2.1 Approach for capturing market size by top-down analysis 48
FIGURE 5 SPEECH AND VOICE RECOGNITION MARKET: TOP-DOWN APPROACH 49
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 49
FIGURE 6 DATA TRIANGULATION 49
2.4 RESEARCH ASSUMPTIONS 50
2.5 LIMITATIONS 51
2.6 RISK ASSESSMENT 51
TABLE 1 RISK ASSESSMENT 51
3 EXECUTIVE SUMMARY 52
3.1 SPEECH AND VOICE RECOGNITION MARKET: POST-COVID-19 53
FIGURE 7 IMPACT OF COVID-19 ON SPEECH AND VOICE RECOGNITION MARKET 53
FIGURE 8 SPEECH RECOGNITION TO ACCOUNT FOR LARGER MARKET SHARE THROUGHOUT FORECAST PERIOD 54
FIGURE 9 ON-CLOUD DEPLOYMENT MODE TO DOMINATE SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 54
FIGURE 10 CONSUMER VERTICAL TO DOMINATE SPEECH AND VOICE RECOGNITION MARKET BETWEEN 2022 AND 2027 55
FIGURE 11 AMERICAS HELD LARGEST MARKET SHARE IN 2021 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN SPEECH AND VOICE RECOGNITION MARKET 57
FIGURE 12 INCREASING DEMAND FOR SPEECH AND VOICE RECOGNITION TECHNOLOGY-BASED PRODUCTS IN ASIA PACIFIC TO DRIVE MARKET GROWTH 57
4.2 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY 57
FIGURE 13 SPEECH RECOGNITION TECHNOLOGY TO ACCOUNT FOR LARGER MARKET SHARE THAN VOICE RECOGNITION TECHNOLOGY DURING FORECAST PERIOD 57
4.3 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE 58
FIGURE 14 ON-CLOUD SEGMENT TO COMMAND SPEECH AND VOICE RECOGNITION MARKET IN 2022 58
4.4 SPEECH AND VOICE RECOGNITION MARKET IN AMERICAS, BY REGION AND TECHNOLOGY 58
FIGURE 15 NORTH AMERICA AND SPEECH RECOGNITION TECHNOLOGY TO ACCOUNT FOR MAJORITY OF MARKET SHARE IN AMERICAS BY 2027 58
4.5 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL 59
FIGURE 16 CONSUMER VERTICAL TO EXHIBIT HIGHEST CAGR FROM 2022 TO 2027 59
4.6 SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY (2021) 60
FIGURE 17 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL SPEECH AND VOICE RECOGNITION MARKET FROM 2022 TO 2027 60
5 MARKET OVERVIEW 61
5.1 INTRODUCTION 61
5.2 MARKET DYNAMICS 62
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES 62
5.2.1 DRIVERS 63
5.2.1.1 Escalated use of speech and voice recognition software by healthcare professionals 63
5.2.1.2 Extensive penetration of speech and voice recognition technologies in smart appliances 63

FIGURE 19 SALES DATA FOR VOICE ASSISTANT DEVICES OFFERED BY KEY BRANDS, 2020 64
5.2.1.3 Elevated demand for speech and voice recognition technologies to transcribe audio 64
5.2.1.4 Strong requirement for voice-based biometric systems, especially by financial service providers, for multifactor authentication and mobile banking applications 64
FIGURE 20 USE OF VOICE RECOGNITION TO PREVENT IDENTITY THEFT IN BANKING AND FINANCE 65
FIGURE 21 DATA BREACH COMPLAINTS IN US (2018–2020) 66
5.2.1.5 Successful integration of AI into speech and voice recognition systems to achieve more accurate results 66
FIGURE 22 DRIVERS FOR SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 67
5.2.2 RESTRAINTS 67
5.2.2.1 Limitation of software to understand contextual relation of words in different languages 67
5.2.2.2 Need for numerous channels in speech-to-text APIs while transcribing audio data that includes multiple channels 68
5.2.2.3 Limited capacity to recognize and respond to customer intent 68
5.2.2.4 Concerns regarding data privacy and security 68
5.2.2.5 High cost of high-end voice recognition systems deployed in automobiles 68
5.2.2.6 Requirement for huge investment keeps small players out 68
FIGURE 23 RESTRAINTS FOR SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 69
5.2.3 OPPORTUNITIES 69
5.2.3.1 Customer preference for cloud-based speech-to-text software 69
5.2.3.2 Increasing popularity of online shopping 69
5.2.3.3 Development of personalized applications for users 70
5.2.3.4 Integration of speech and voice recognition technology with mobile applications 70
5.2.3.5 Development of speech and voice recognition software for micro-linguistics and local languages 70
5.2.3.6 Application of speech and voice recognition in service robotics 71
5.2.3.7 Focus on utilizing speech and voice recognition technologies for educating disabled students 71
5.2.3.8 Deployment of speech and voice recognition technology in autonomous cars 72
5.2.3.9 Consumer preference for technologically advanced products 72
FIGURE 24 OPPORTUNITIES FOR SPEECH AND VOICE RECOGNITION MARKET
AND THEIR IMPACT 73
5.2.4 CHALLENGES 74
5.2.4.1 Creating unique vocabulary for various industries 74
5.2.4.2 Limited awareness regarding availability and benefits of voice assistant technologies 74
5.2.4.3 Increased errors due to background noise 74
5.2.4.4 Lack of standardized platform for development of customized products 75
5.2.4.5 Slow network speeds posing challenge to cloud-based speech recognition services 75
FIGURE 25 CHALLENGES FOR SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 75
5.3 VALUE CHAIN ANALYSIS 76
FIGURE 26 VALUE CHAIN ANALYSIS: SPEECH AND VOICE RECOGNITION MARKET 76
5.4 ECOSYSTEM 77
FIGURE 27 SPEECH AND VOICE RECOGNITION MARKET: ECOSYSTEM 77
TABLE 2 SPEECH AND VOICE RECOGNITION MARKET: ECOSYSTEM 77
5.4.1 REVENUE SHIFT IN SPEECH AND VOICE RECOGNITION MARKET 79
FIGURE 28 REVENUE SHIFT IN SPEECH AND VOICE RECOGNITION MARKET 79
5.5 PATENT ANALYSIS 79
TABLE 3 IMPORTANT PATENT REGISTRATIONS, 2017–2021 80
FIGURE 29 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS 82
FIGURE 30 ANNUAL NUMBER OF PATENTS GRANTED OVER LAST 10 YEARS 82
TABLE 4 TOP 10 PATENT OWNERS 83
5.6 TRADE ANALYSIS 83
TABLE 5 IMPORT STATISTICS: SOUND RECORDING OR SOUND REPRODUCING APPARATUS, BY COUNTRY, 2017–2021 (USD THOUSAND) 83
TABLE 6 EXPORT STATISTICS: SOUND RECORDING OR SOUND REPRODUCING APPARATUS, BY COUNTRY, 2017–2021 (USD THOUSAND) 84
5.7 TARIFF ANALYSIS 84
TABLE 7 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY NETHERLANDS IN 2020 85
TABLE 8 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY CHINA IN 2020 85
TABLE 9 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY UK IN 2020 85
TABLE 10 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY US IN 2020 86
TABLE 11 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY GERMANY IN 2020 86
5.8 CASE STUDY ANALYSIS 87
TABLE 12 SESTEK HELPS TEKNOSA TO INCREASE FIRST-CALL RESOLUTION RATE AND SHORTEN CALL DURATIONS AT CONTACT CENTER 87
TABLE 13 SESTEK HELPS AGENTS AT AL BARAKA BANK CONTACT CENTER TO SIGNIFICANTLY IMPROVE THEIR EFFICIENCY AND REDUCE WORKLOAD 87
TABLE 14 MICROSOFT TRANSLATOR APPLICATION FACILITATES MULTILINGUAL PARENT–TEACHER COMMUNICATION AT CHINOOK MIDDLE SCHOOL 88
TABLE 15 IBM WATSON HELPS BRADESCO BANK TO REDUCE RESPONSE TIME 88
TABLE 16 ALEXA HELPS HAWAII PACIFIC HEALTH TO ENHANCE PATIENT EXPERIENCE BY QUERY RESOLUTION 89
TABLE 17 CHATBOT BY ROANUZ ANSWERS USER QUERIES QUICKLY 89

5.9 PORTER'S FIVE FORCES ANALYSIS 90
TABLE 18 SPEECH AND VOICE RECOGNITION MARKET: PORTER'S FIVE FORCES ANALYSIS, 2020 90
5.9.1 THREAT OF NEW ENTRANTS 90
5.9.2 THREAT OF SUBSTITUTES 91
5.9.3 BARGAINING POWER OF BUYERS 91
5.9.4 BARGAINING POWER OF SUPPLIERS 91
5.9.5 INTENSITY OF RIVALRY 91
5.10 TECHNOLOGY ANALYSIS 92
5.10.1 MICROSOFT ALLOWS USERS CONTROL OVER USING VOICE CLIPS TO IMPROVE SPEECH RECOGNITION ALGORITHM 92
5.10.2 APPLE DEVELOPS AI MODEL FOR AUTOMATIC SPEECH TRANSCRIPTION AND SPEAKER RECOGNITION 92
5.10.3 SPEECHMATICS LAUNCHES SPEECH RECOGNITION SERVICE ON MICROSOFT AZURE 92
5.10.4 CRESCENDO SPEECH PROCESSING SOFTWARE OFFERS MULTILINGUAL SUPPORT 92
5.10.5 FACEBOOK'S AI OPEN SOURCE PROVIDES NEW DATASET FOR SPEECH RECOGNITION 93
5.10.6 LUMENVOX LAUNCHED NEXT-GENERATION AUTOMATIC SPEECH RECOGNITION (ASR) ENGINE WITH TRANSCRIPTION 93
5.10.7 SENSORY'S SPEECH RECOGNITION MODEL HELPS UNDERSTAND CHILDREN’S VOICE PATTERN 93
5.11 KEY REGULATIONS FOR SPEECH AND VOICE RECOGNITION MARKET 94
TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 94
TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 22 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
5.12 CODES AND STANDARDS 96
TABLE 23 SPEECH AND VOICE RECOGNITION CODES AND STANDARDS 96
5.13 PRICING ANALYSIS 96
TABLE 24 AVERAGE SELLING PRICE OF SPEECH RECOGNITION SOFTWARE 97
5.14 KEY STAKEHOLDERS & BUYING CRITERIA 97
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 97
TABLE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%) 98
5.14.2 BUYING CRITERIA 98
FIGURE 32 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 98
TABLE 26 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 99

5.15 KEY CONFERENCES AND EVENTS (2022–2023) 99
TABLE 27 SPEECH AND VOICE RECOGNITION MARKET: DETAILED LIST OF CONFERENCES & EVENTS 99
6 TYPES OF SPEECH AND VOICE RECOGNITION SYSTEMS 102
6.1 INTRODUCTION 102
FIGURE 33 DELIVERY METHODS IN SPEECH AND VOICE RECOGNITION 102
6.2 ARTIFICIAL INTELLIGENCE-BASED 102
6.2.1 ARTIFICIAL INTELLIGENCE IS MOST EFFECTIVE TECHNIQUE FOR FLAWLESS AND ACCURATE SPEECH RECOGNITION 102
6.3 NON-ARTIFICIAL INTELLIGENCE-BASED 103
6.3.1 NON-AI-BASED SYSTEMS OFFER INDUSTRY-LEADING ACCURACY, SECURITY, AND CONSISTENCY 103
7 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY 105
7.1 INTRODUCTION 106
FIGURE 34 SPEECH AND VOICE RECOGNITION MARKET SEGMENTATION,
BY TECHNOLOGY 106
FIGURE 35 VOICE RECOGNITION TECHNOLOGY TO RECORD HIGHER CAGR THAN SPEECH RECOGNITION TECHNOLOGY DURING FORECAST PERIOD 107
TABLE 28 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY,
2018–2021 (USD MILLION) 107
TABLE 29 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY,
2022–2027 (USD MILLION) 107
7.2 VOICE RECOGNITION 108
7.2.1 NON-CONTACT, EASY-TO-USE, AND NON-INTRUSIVE FEATURES OF VOICE RECOGNITION DEVICES ARE EXPECTED TO FACILITATE THEIR DEMAND IN COMING YEARS 108
FIGURE 36 VOICE RECOGNITION PHASE PROCESS 109
TABLE 30 VOICE RECOGNITION MARKET, BY REGION, 2018–2021 (USD MILLION) 109
TABLE 31 VOICE RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION) 109
7.2.2 SPEAKER IDENTIFICATION 110
7.2.2.1 Speaker identification technology authenticates users by capturing unique speech characteristics 110
7.2.3 SPEAKER VERIFICATION 110
7.2.3.1 Speaker verification technology is increasingly used in banks and financial services for security purposes 110
FIGURE 37 SPEAKER VERIFICATION PROCESS 111
7.3 SPEECH RECOGNITION 111
7.3.1 MULTILINGUAL ENVIRONMENTS ARE EXPECTED TO WITNESS HIGH DEMAND FOR SPEECH RECOGNITION TECHNOLOGY TO ELIMINATE LANGUAGE BARRIERS 111
TABLE 32 SPEECH RECOGNITION MARKET, BY REGION, 2018–2021 (USD MILLION) 112
TABLE 33 SPEECH RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION) 112

7.3.2 AUTOMATIC SPEECH RECOGNITION 112
7.3.2.1 Advancements in ASR technology empower businesses to improve customer experience 112
7.3.3 TEXT-TO-SPEECH 113
7.3.3.1 Integration of AI and ML technologies into TTS software enables conversion of text into natural-sounding audio 113
FIGURE 38 AUTOMATIC SPEECH RECOGNITION TECHNOLOGY TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD 114
TABLE 34 SPEECH RECOGNITION MARKET, BY TYPE, 2018–2021 (USD MILLION) 114
TABLE 35 SPEECH RECOGNITION MARKET, BY TYPE, 2022–2027 (USD MILLION) 114
8 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE 115
8.1 INTRODUCTION 116
FIGURE 39 DEPLOYMENT MODES IN SPEECH AND VOICE RECOGNITION 116
FIGURE 40 ON-CLOUD SPEECH AND VOICE RECOGNITION SOLUTIONS TO HOLD MAXIMUM MARKET SHARE IN 2027 116
TABLE 36 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE,
2018–2021 (USD MILLION) 117
TABLE 37 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE,
2022–2027 (USD MILLION) 117
8.2 ON-CLOUD 117
8.2.1 ON-CLOUD SEGMENT TO CAPTURE LARGER MARKET SHARE DURING FORECAST PERIOD 117
TABLE 38 ON-CLOUD: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 118
TABLE 39 ON-CLOUD: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 119
8.3 ON-PREMISES/EMBEDDED 119
8.3.1 ON-PREMISES DEPLOYMENT PROJECTED TO WITNESS HIGHER GROWTH RATE DURING FORECAST PERIOD 119
TABLE 40 ON-PREMISES/EMBEDDED: SPEECH AND VOICE RECOGNITION MARKET,
BY REGION, 2018–2021 (USD MILLION) 120
TABLE 41 ON-PREMISES/EMBEDDED: SPEECH AND VOICE RECOGNITION MARKET,
BY REGION, 2022–2027 (USD MILLION) 120
9 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL 121
9.1 INTRODUCTION 122
FIGURE 41 CONSUMER VERTICAL TO COMMAND SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 122
TABLE 42 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL,
2018–2021 (USD MILLION) 123
TABLE 43 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL,
2022–2027 (USD MILLION) 123
FIGURE 42 GOVERNMENT VERTICAL TO HOLD LARGEST SHARE OF VOICE RECOGNITION MARKET IN 2027 124
TABLE 44 VOICE RECOGNITION MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 125
TABLE 45 VOICE RECOGNITION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 125
FIGURE 43 CONSUMER VERTICAL TO HOLD LARGEST SHARE OF SPEECH RECOGNITION MARKET IN 2027 126
TABLE 46 SPEECH RECOGNITION MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 126
TABLE 47 SPEECH RECOGNITION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 127
9.2 AUTOMOTIVE 127
9.2.1 INCREASING USE OF SPEECH AND VOICE RECOGNITION TECHNOLOGIES IN IN-CAR INFOTAINMENT SYSTEMS 127
FIGURE 44 VEHICLE INSURANCE APPLICATION TO RECORD HIGHER CAGR IN SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 129
TABLE 48 AUTOMOTIVE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 129
TABLE 49 AUTOMOTIVE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 129
TABLE 50 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 130
TABLE 51 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 130
TABLE 52 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 130
TABLE 53 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 130
TABLE 54 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 131
TABLE 55 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 131
TABLE 56 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 131
TABLE 57 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 132
9.3 ENTERPRISE 132
9.3.1 GROWING ADOPTION OF VIRTUAL ASSISTANTS IN POST-PANDEMIC PERIOD TO BOOST MARKET GROWTH 132
TABLE 58 ENTERPRISE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 133
TABLE 59 ENTERPRISE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 133
TABLE 60 ENTERPRISE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 133
TABLE 61 ENTERPRISE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 134
TABLE 62 ENTERPRISE: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 134
TABLE 63 ENTERPRISE: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 134
TABLE 64 ENTERPRISE: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 135
TABLE 65 ENTERPRISE: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 135
TABLE 66 ENTERPRISE: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 135
TABLE 67 ENTERPRISE: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 136
9.4 CONSUMER 136
9.4.1 SURGING ADOPTION OF VOICE-CONTROLLED SMART ASSISTIVE DEVICES 136
FIGURE 45 MOBILE DEVICE CONTROL APPLICATION TO CAPTURE LARGER SHARE OF SPEECH AND VOICE RECOGNITION MARKET FOR CONSUMER VERTICAL IN 2027 137
TABLE 68 CONSUMER: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 137
TABLE 69 CONSUMER: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 138
TABLE 70 CONSUMER: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 138
TABLE 71 CONSUMER: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 138
TABLE 72 CONSUMER: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 138
TABLE 73 CONSUMER: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 139
TABLE 74 CONSUMER: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 139
TABLE 75 CONSUMER: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 139
TABLE 76 CONSUMER: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 140
TABLE 77 CONSUMER: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 140
9.5 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) 140
9.5.1 RISING NEED FOR VOICE AUTHENTICATION IN MOBILE BANKING TO STIMULATE MARKET GROWTH 140
TABLE 78 BFSI: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 141
TABLE 79 BFSI: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 142
TABLE 80 BFSI: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 142
TABLE 81 BFSI: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 142
TABLE 82 BFSI: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 143
TABLE 83 BFSI: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 143
TABLE 84 BFSI: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 143
TABLE 85 BFSI: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 144
TABLE 86 BFSI: VOICE RECOGNITION MARKET, BY REGION, 2018–2021 (USD MILLION) 144
TABLE 87 BFSI: VOICE RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION) 144
9.6 GOVERNMENT 145
9.6.1 INCREASING USE OF SPEECH AND VOICE RECOGNITION SYSTEMS TO IMPROVE EFFICIENCY BOOSTS MARKET GROWTH 145
FIGURE 46 PROOF-OF-LIFE APPLICATION TO LEAD SPEECH AND VOICE RECOGNITION MARKET FOR GOVERNMENT VERTICAL FROM 2022 TO 2027 146
TABLE 88 GOVERNMENT: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 146
TABLE 89 GOVERNMENT: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 146
TABLE 90 GOVERNMENT: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 147
TABLE 91 GOVERNMENT: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 147
TABLE 92 GOVERNMENT: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 147
TABLE 93 GOVERNMENT: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 147
TABLE 94 GOVERNMENT: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 148
TABLE 95 GOVERNMENT: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 148
TABLE 96 GOVERNMENT: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 148
TABLE 97 GOVERNMENT: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 149
9.7 RETAIL 149
9.7.1 INCREASING USE OF ADVANCED TECHNOLOGIES BY RETAILERS TO PROVIDE PERSONALIZED EXPERIENCE TO CUSTOMERS SUPPORTS MARKET GROWTH 149
TABLE 98 RETAIL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 150
TABLE 99 RETAIL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 150
TABLE 100 RETAIL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 150
TABLE 101 RETAIL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 151
TABLE 102 RETAIL: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 151
TABLE 103 RETAIL: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 151
TABLE 104 RETAIL: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 152
TABLE 105 RETAIL: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 152
TABLE 106 RETAIL: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 152
TABLE 107 RETAIL: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 153
9.8 HEALTHCARE 153
9.8.1 GROWING RELIANCE OF CARE PROVIDERS ON SPEECH AND VOICE RECOGNITION TO AVOID ERRORS, INCREASE PRODUCTIVITY, AND IMPROVE EFFICIENCY OF STAFF TO FUEL MARKET GROWTH 153
FIGURE 47 SPECIAL-PURPOSE ROBOTS EXPECTED TO REGISTER HIGHER CAGR IN SPEECH AND VOICE RECOGNITION MARKET FOR HEALTHCARE DURING FORECAST PERIOD 154
TABLE 108 HEALTHCARE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 154
TABLE 109 HEALTHCARE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 154
TABLE 110 HEALTHCARE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 155
TABLE 111 HEALTHCARE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 155
TABLE 112 HEALTHCARE: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 155
TABLE 113 HEALTHCARE: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 155
TABLE 114 HEALTHCARE: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 156
TABLE 115 HEALTHCARE: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 156
TABLE 116 HEALTHCARE: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 156
TABLE 117 HEALTHCARE: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 157
9.9 MILITARY 157
9.9.1 ONGOING INNOVATION IN SPEECH RECOGNITION TECHNOLOGY-BASED PRODUCTS TO FACILITATE THEIR DEMAND IN MILITARY APPLICATIONS 157
TABLE 118 MILITARY: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 158
TABLE 119 MILITARY: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 158
TABLE 120 MILITARY: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 158
TABLE 121 MILITARY: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 158
TABLE 122 MILITARY: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 159
TABLE 123 MILITARY: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 159
TABLE 124 MILITARY: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 159
TABLE 125 MILITARY: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 160
TABLE 126 MILITARY: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 160
TABLE 127 MILITARY: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 160
9.10 LEGAL 161
9.10.1 ELEVATING ADOPTION OF SPEECH AND VOICE RECOGNITION TOOLS BY LAW FIRMS TO FUEL MARKET GROWTH 161
TABLE 128 LEGAL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 161
TABLE 129 LEGAL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 162
TABLE 130 LEGAL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 162
TABLE 131 LEGAL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 162
TABLE 132 LEGAL: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 162
TABLE 133 LEGAL: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 162
TABLE 134 LEGAL: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 163
TABLE 135 LEGAL: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 163
TABLE 136 LEGAL: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 163
TABLE 137 LEGAL: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 164
9.11 EDUCATION 164
9.11.1 RISING USE OF SPEECH AND VOICE RECOGNITION TO EDUCATE DISABLED STUDENTS TO CREATE GROWTH OPPORTUNITIES 164
FIGURE 48 EDUCATION FOR DISABLED & E-LEARNING SEGMENT TO RECORD HIGHER CAGR IN SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 165
TABLE 138 EDUCATION: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 165
TABLE 139 EDUCATION: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 165
TABLE 140 EDUCATION: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 166
TABLE 141 EDUCATION: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 166
TABLE 142 EDUCATION: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 166
TABLE 143 EDUCATION: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 166
TABLE 144 EDUCATION: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 167
TABLE 145 EDUCATION: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 167
TABLE 146 EDUCATION: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 167
TABLE 147 EDUCATION: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 168
9.12 OTHERS 168
TABLE 148 OTHERS: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 169
TABLE 149 OTHERS: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 169
TABLE 150 OTHERS: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 169
TABLE 151 OTHERS: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 170
10 SPEECH AND VOICE RECOGNITION MARKET, BY REGION 171
10.1 INTRODUCTION 172
FIGURE 49 SPEECH AND VOICE RECOGNITION MARKET SEGMENTATION, BY REGION 172
FIGURE 50 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 172
FIGURE 51 SPEECH AND VOICE RECOGNITION MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 173
TABLE 152 SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 173
TABLE 153 SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 173
10.2 AMERICAS 174
FIGURE 52 AMERICAS: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 175
TABLE 154 AMERICAS: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 175
TABLE 155 AMERICAS: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 176
TABLE 156 NORTH AMERICA: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 176
TABLE 157 NORTH AMERICA: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 176
10.2.1 NORTH AMERICA 176
10.2.1.1 US 177
10.2.1.1.1 Prominent presence of key market players boosts demand for speech and voice recognition technologies 177
10.2.1.2 Canada 177
10.2.1.2.1 High deployment of voice-activated biometrics in banking applications to support market growth 177
10.2.1.3 Mexico 178
10.2.1.3.1 Strong focus of giant companies on setting up development centers in Mexico to create growth opportunities 178
10.2.2 SOUTH AMERICA 178
10.2.2.1 Rapid internet penetration to drive market growth 178

10.3 EUROPE 178
FIGURE 53 EUROPE: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 179
TABLE 158 EUROPE: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY,
2018–2021 (USD MILLION) 180
TABLE 159 EUROPE: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY,
2022–2027 (USD MILLION) 180
10.3.1 UK 180
10.3.1.1 Strong government support and technological advancements boost market growth 180
10.3.2 GERMANY 181
10.3.2.1 Greater reliance on AI and cognitive technologies in enterprises to fuel demand for speech and voice recognition technologies 181
10.3.3 FRANCE 182
10.3.3.1 Significant focus on improving air traffic control fosters growth of speech and voice recognition market 182
10.3.4 REST OF EUROPE 182
10.4 ASIA PACIFIC 183
FIGURE 54 ASIA PACIFIC: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 183
TABLE 160 ASIA PACIFIC: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 184
TABLE 161 ASIA PACIFIC: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 184
10.4.1 JAPAN 184
10.4.1.1 Rapid deployment of Al into innovative robotic devices fuels market growth 184
10.4.2 CHINA 185
10.4.2.1 Robust presence of key market players is boosting market growth 185
10.4.3 INDIA 186
10.4.3.1 Large-scale technological development and increasing number of mobile and internet users to drive market growth 186
10.4.4 REST OF ASIA PACIFIC 186
10.5 ROW 186
FIGURE 55 SPEECH AND VOICE RECOGNITION MARKET IN ROW, 2022 VS. 2027 187
TABLE 162 ROW: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 187
TABLE 163 ROW: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 187
10.5.1 MIDDLE EAST 188
10.5.1.1 Remarkable adoption of voice assistant devices fosters demand for speech and voice recognition technologies 188
10.5.2 AFRICA 188
10.5.2.1 Africa to record higher CAGR than Middle East in speech and voice recognition market in RoW from 2022 to 2027 188

11 COMPETITIVE LANDSCAPE 189
11.1 INTRODUCTION 189
11.2 REVENUE ANALYSIS OF TOP 5 COMPANIES 189
FIGURE 56 REVENUE ANALYSIS (USD MILLION), 2017–2021 189
11.3 KEY PLAYER STRATEGIES/RIGHT TO WIN 190
TABLE 164 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MANUFACTURERS OF
SPEECH AND VOICE RECOGNITION PRODUCTS 190
11.4 MARKET SHARE ANALYSIS 190
TABLE 165 SPEECH AND VOICE RECOGNITION MARKET:
DEGREE OF COMPETITION (2021) 190
FIGURE 57 MARKET SHARE ANALYSIS: SPEECH AND VOICE
RECOGNITION MARKET, 2021 191
11.5 COMPANY EVALUATION QUADRANT 192
11.5.1 STARS 192
11.5.2 EMERGING LEADERS 192
11.5.3 PERVASIVE COMPANIES 192
11.5.4 PARTICIPANTS 192
FIGURE 58 SPEECH AND VOICE RECOGNITION MARKET COMPANY EVALUATION QUADRANT, 2021 193
11.6 STRENGTH OF PRODUCT PORTFOLIO 194
11.7 BUSINESS STRATEGY EXCELLENCE 194
11.8 COMPETITIVE BENCHMARKING 195
TABLE 166 COMPETITIVE BENCHMARKING: SPEECH AND VOICE RECOGNITION MARKET 195
FIGURE 59 COMPANY VERTICAL FOOTPRINT: SPEECH AND VOICE RECOGNITION MARKET 196
TABLE 167 COMPANY TECHNOLOGY FOOTPRINT: SPEECH AND VOICE RECOGNITION MARKET 197
TABLE 168 COMPANY REGION FOOTPRINT: SPEECH AND VOICE RECOGNITION MARKET 198
11.9 SME EVALUATION QUADRANT FOR SPEECH AND VOICE RECOGNITION MARKET, 2021 199
11.9.1 PROGRESSIVE COMPANIES 199
11.9.2 RESPONSIVE COMPANIES 199
11.9.3 DYNAMIC COMPANIES 199
11.9.4 STARTING BLOCKS 199
FIGURE 60 SPEECH AND VOICE RECOGNITION MARKET STARTUP/SME EVALUATION QUADRANT, 2021 200
11.10 COMPETITIVE SITUATION AND TRENDS 201
11.10.1 PRODUCT LAUNCHES AND DEVELOPMENTS 201
TABLE 169 PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2021 201
11.10.2 DEALS 202
TABLE 170 DEALS, 2018–2021 202

 

ページTOPに戻る


 

Summary

The global speech and voice recognition market size is projected to grow from USD 9.4 Billion in 2022 to USD 28.1 Billion by 2027, it is expected to grow at a CAGR of 24.4% from 2022 to 2027. The key factors contributing to the growth of the speech and voice recognition market include increasing demand in healthcare for improving efficiency and the growing use of smart appliances.Speech and voice recognition technologies are mostly used in the healthcare sector to report health checkups, data entry, and when the doctor or the attendant/nurse is unavailable. Such software solutions enable healthcare professionals to enter notes into the electric health record (EHR) system or their computers without taking time out from patient care and remain productive throughout the day. This eliminates the need for healthcare providers to stay late at work to complete paperwork, allowing them to visit more patients during the day. Easy to use and hands-free features of an automated speech recognition system in medical applications enable doctors to get their work done efficiently, driving the speech and voice recognition market growth.

Extensive penetration of speech and voice recognition technologies in smart appliances


The demand for smart homes and smart appliances is increasing owing to various factors, including the growing internet penetration, rapid technological advancements, and increased focus on home automation to achieve security and convenience. The COVID-19 pandemic has also prompted the use of smart devices and appliances in almost every aspect of daily life. People are encouraged to work from home, leading to high demand for speech and voice recognition technology-based products.
Manufacturers of smart appliances are adding the voice recognition feature to their products to enable users to control all their appliances from a single speech and voice recognition technology-based product. The demand for products such as Alexa, Cortana, and Siri, has increased significantly. Samsung Electronics (South Korea), a leading manufacturer of smart appliances, has introduced the Smart Things app with inbuilt voice recognition technology to allow users to control all the appliances in the house with single voice commands. Several other manufacturers, such as Whirlpool and Philips, have similar voice-activated control solutions. As consumers move toward automation, the demand for speech and voice recognition technology-based products is also likely to increase.



APAC is the fastest-growing region in theSPEECH AND VOICE RECOGNITION market

The speech and voice recognition market in Asia Pacific is expected to grow at the highest CAGR from 2022 to 2027 owing to technological advancements, improved awareness regarding the benefits of these technologies among the masses, and the low cost of speech and voice recognition devices. China, Japan, and India are the key countries in the Asia Pacific region for the speech and voice recognition market. Baidu (China) and iFlytek (China) are the top two companies in the region operating in the speech and recognition market.
The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 –20%
• By Designation: C-Level Executives – 35%,Directors – 25%, and Others – 40%
• By Region: North America– 45%, Europe – 20%, APAC– 30%, Rest of world–5%
ResearchCoverage
The report segments the speech and voice recognitionmarket and forecasts its size, by volume and value, based on region (Americas, Europe, Asia Pacific, and RoW), Deployment Mode (On-Cloud, On-Premises/Embedded), Technology (Speech Recognition, Voice Recognition),andVerticals (automotive, enterprise, consumer, banking, financial services, and insurance (BFSI), government, retail, healthcare, military, legal, education, and others (aerospace, utilities, and travel & tourism)). The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the speech and voice recognitionmarket. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying ThisReport
1 This report includes market statistics pertaining to thedeployment mode, technology, verticals, and region.
2 An in-depth value chain analysis has been done to provide deep insight into thespeech and voice recognitionmarket.
3 Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
4 Illustrative segmentation, analyses, and forecasts for the market basedon deployment mode, technology,verticals,and regionhave been conducted to providean overall view of thespeech and voice recognition market.
5 The report includes an in-depth analysis and ranking of key players.



ページTOPに戻る


Table of Contents

1 INTRODUCTION 36
1.1 STUDY OBJECTIVES 36
1.2 DEFINITION 36
1.2.1 INCLUSIONS AND EXCLUSIONS 37
1.3 SUMMARY OF CHANGES 37
1.4 STUDY SCOPE 38
1.4.1 MARKETS COVERED 38
1.4.2 GEOGRAPHIC SCOPE 38
1.4.3 YEARS CONSIDERED 39
1.5 CURRENCY 39
1.6 LIMITATIONS 39
1.7 STAKEHOLDERS 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 1 PROCESS FLOW: SPEECH AND VOICE RECOGNITION
MARKET SIZE ESTIMATION 41
FIGURE 2 SPEECH AND VOICE RECOGNITION MARKET: RESEARCH DESIGN 42
2.1.1 SECONDARY AND PRIMARY RESEARCH 43
FIGURE 3 RESEARCH APPROACH 43
2.1.2 SECONDARY DATA 43
2.1.2.1 Secondary sources 44
2.1.2.2 Key secondary sources 44
2.1.3 PRIMARY DATA 44
2.1.3.1 Primary sources 45
2.1.3.2 Key industry insights 45
2.1.3.3 Primary interview breakup 46
2.1.3.4 List of key primary respondents 46
2.1.3.5 Breakdown of primaries 46
2.2 MARKET SIZE ESTIMATION 47
2.2.1 BOTTOM-UP APPROACH 47
2.2.1.1 Approach for arriving at market size by bottom-up analysis 47
FIGURE 4 SPEECH AND VOICE RECOGNITION MARKET: BOTTOM-UP APPROACH 48
2.2.2 TOP-DOWN APPROACH 48
2.2.2.1 Approach for capturing market size by top-down analysis 48
FIGURE 5 SPEECH AND VOICE RECOGNITION MARKET: TOP-DOWN APPROACH 49
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 49
FIGURE 6 DATA TRIANGULATION 49
2.4 RESEARCH ASSUMPTIONS 50
2.5 LIMITATIONS 51
2.6 RISK ASSESSMENT 51
TABLE 1 RISK ASSESSMENT 51
3 EXECUTIVE SUMMARY 52
3.1 SPEECH AND VOICE RECOGNITION MARKET: POST-COVID-19 53
FIGURE 7 IMPACT OF COVID-19 ON SPEECH AND VOICE RECOGNITION MARKET 53
FIGURE 8 SPEECH RECOGNITION TO ACCOUNT FOR LARGER MARKET SHARE THROUGHOUT FORECAST PERIOD 54
FIGURE 9 ON-CLOUD DEPLOYMENT MODE TO DOMINATE SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 54
FIGURE 10 CONSUMER VERTICAL TO DOMINATE SPEECH AND VOICE RECOGNITION MARKET BETWEEN 2022 AND 2027 55
FIGURE 11 AMERICAS HELD LARGEST MARKET SHARE IN 2021 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN SPEECH AND VOICE RECOGNITION MARKET 57
FIGURE 12 INCREASING DEMAND FOR SPEECH AND VOICE RECOGNITION TECHNOLOGY-BASED PRODUCTS IN ASIA PACIFIC TO DRIVE MARKET GROWTH 57
4.2 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY 57
FIGURE 13 SPEECH RECOGNITION TECHNOLOGY TO ACCOUNT FOR LARGER MARKET SHARE THAN VOICE RECOGNITION TECHNOLOGY DURING FORECAST PERIOD 57
4.3 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE 58
FIGURE 14 ON-CLOUD SEGMENT TO COMMAND SPEECH AND VOICE RECOGNITION MARKET IN 2022 58
4.4 SPEECH AND VOICE RECOGNITION MARKET IN AMERICAS, BY REGION AND TECHNOLOGY 58
FIGURE 15 NORTH AMERICA AND SPEECH RECOGNITION TECHNOLOGY TO ACCOUNT FOR MAJORITY OF MARKET SHARE IN AMERICAS BY 2027 58
4.5 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL 59
FIGURE 16 CONSUMER VERTICAL TO EXHIBIT HIGHEST CAGR FROM 2022 TO 2027 59
4.6 SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY (2021) 60
FIGURE 17 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL SPEECH AND VOICE RECOGNITION MARKET FROM 2022 TO 2027 60
5 MARKET OVERVIEW 61
5.1 INTRODUCTION 61
5.2 MARKET DYNAMICS 62
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES 62
5.2.1 DRIVERS 63
5.2.1.1 Escalated use of speech and voice recognition software by healthcare professionals 63
5.2.1.2 Extensive penetration of speech and voice recognition technologies in smart appliances 63

FIGURE 19 SALES DATA FOR VOICE ASSISTANT DEVICES OFFERED BY KEY BRANDS, 2020 64
5.2.1.3 Elevated demand for speech and voice recognition technologies to transcribe audio 64
5.2.1.4 Strong requirement for voice-based biometric systems, especially by financial service providers, for multifactor authentication and mobile banking applications 64
FIGURE 20 USE OF VOICE RECOGNITION TO PREVENT IDENTITY THEFT IN BANKING AND FINANCE 65
FIGURE 21 DATA BREACH COMPLAINTS IN US (2018–2020) 66
5.2.1.5 Successful integration of AI into speech and voice recognition systems to achieve more accurate results 66
FIGURE 22 DRIVERS FOR SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 67
5.2.2 RESTRAINTS 67
5.2.2.1 Limitation of software to understand contextual relation of words in different languages 67
5.2.2.2 Need for numerous channels in speech-to-text APIs while transcribing audio data that includes multiple channels 68
5.2.2.3 Limited capacity to recognize and respond to customer intent 68
5.2.2.4 Concerns regarding data privacy and security 68
5.2.2.5 High cost of high-end voice recognition systems deployed in automobiles 68
5.2.2.6 Requirement for huge investment keeps small players out 68
FIGURE 23 RESTRAINTS FOR SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 69
5.2.3 OPPORTUNITIES 69
5.2.3.1 Customer preference for cloud-based speech-to-text software 69
5.2.3.2 Increasing popularity of online shopping 69
5.2.3.3 Development of personalized applications for users 70
5.2.3.4 Integration of speech and voice recognition technology with mobile applications 70
5.2.3.5 Development of speech and voice recognition software for micro-linguistics and local languages 70
5.2.3.6 Application of speech and voice recognition in service robotics 71
5.2.3.7 Focus on utilizing speech and voice recognition technologies for educating disabled students 71
5.2.3.8 Deployment of speech and voice recognition technology in autonomous cars 72
5.2.3.9 Consumer preference for technologically advanced products 72
FIGURE 24 OPPORTUNITIES FOR SPEECH AND VOICE RECOGNITION MARKET
AND THEIR IMPACT 73
5.2.4 CHALLENGES 74
5.2.4.1 Creating unique vocabulary for various industries 74
5.2.4.2 Limited awareness regarding availability and benefits of voice assistant technologies 74
5.2.4.3 Increased errors due to background noise 74
5.2.4.4 Lack of standardized platform for development of customized products 75
5.2.4.5 Slow network speeds posing challenge to cloud-based speech recognition services 75
FIGURE 25 CHALLENGES FOR SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 75
5.3 VALUE CHAIN ANALYSIS 76
FIGURE 26 VALUE CHAIN ANALYSIS: SPEECH AND VOICE RECOGNITION MARKET 76
5.4 ECOSYSTEM 77
FIGURE 27 SPEECH AND VOICE RECOGNITION MARKET: ECOSYSTEM 77
TABLE 2 SPEECH AND VOICE RECOGNITION MARKET: ECOSYSTEM 77
5.4.1 REVENUE SHIFT IN SPEECH AND VOICE RECOGNITION MARKET 79
FIGURE 28 REVENUE SHIFT IN SPEECH AND VOICE RECOGNITION MARKET 79
5.5 PATENT ANALYSIS 79
TABLE 3 IMPORTANT PATENT REGISTRATIONS, 2017–2021 80
FIGURE 29 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS 82
FIGURE 30 ANNUAL NUMBER OF PATENTS GRANTED OVER LAST 10 YEARS 82
TABLE 4 TOP 10 PATENT OWNERS 83
5.6 TRADE ANALYSIS 83
TABLE 5 IMPORT STATISTICS: SOUND RECORDING OR SOUND REPRODUCING APPARATUS, BY COUNTRY, 2017–2021 (USD THOUSAND) 83
TABLE 6 EXPORT STATISTICS: SOUND RECORDING OR SOUND REPRODUCING APPARATUS, BY COUNTRY, 2017–2021 (USD THOUSAND) 84
5.7 TARIFF ANALYSIS 84
TABLE 7 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY NETHERLANDS IN 2020 85
TABLE 8 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY CHINA IN 2020 85
TABLE 9 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY UK IN 2020 85
TABLE 10 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY US IN 2020 86
TABLE 11 TARIFF FOR SOUND RECORDING OR SOUND REPRODUCING APPARATUS EXPORTED BY GERMANY IN 2020 86
5.8 CASE STUDY ANALYSIS 87
TABLE 12 SESTEK HELPS TEKNOSA TO INCREASE FIRST-CALL RESOLUTION RATE AND SHORTEN CALL DURATIONS AT CONTACT CENTER 87
TABLE 13 SESTEK HELPS AGENTS AT AL BARAKA BANK CONTACT CENTER TO SIGNIFICANTLY IMPROVE THEIR EFFICIENCY AND REDUCE WORKLOAD 87
TABLE 14 MICROSOFT TRANSLATOR APPLICATION FACILITATES MULTILINGUAL PARENT–TEACHER COMMUNICATION AT CHINOOK MIDDLE SCHOOL 88
TABLE 15 IBM WATSON HELPS BRADESCO BANK TO REDUCE RESPONSE TIME 88
TABLE 16 ALEXA HELPS HAWAII PACIFIC HEALTH TO ENHANCE PATIENT EXPERIENCE BY QUERY RESOLUTION 89
TABLE 17 CHATBOT BY ROANUZ ANSWERS USER QUERIES QUICKLY 89

5.9 PORTER'S FIVE FORCES ANALYSIS 90
TABLE 18 SPEECH AND VOICE RECOGNITION MARKET: PORTER'S FIVE FORCES ANALYSIS, 2020 90
5.9.1 THREAT OF NEW ENTRANTS 90
5.9.2 THREAT OF SUBSTITUTES 91
5.9.3 BARGAINING POWER OF BUYERS 91
5.9.4 BARGAINING POWER OF SUPPLIERS 91
5.9.5 INTENSITY OF RIVALRY 91
5.10 TECHNOLOGY ANALYSIS 92
5.10.1 MICROSOFT ALLOWS USERS CONTROL OVER USING VOICE CLIPS TO IMPROVE SPEECH RECOGNITION ALGORITHM 92
5.10.2 APPLE DEVELOPS AI MODEL FOR AUTOMATIC SPEECH TRANSCRIPTION AND SPEAKER RECOGNITION 92
5.10.3 SPEECHMATICS LAUNCHES SPEECH RECOGNITION SERVICE ON MICROSOFT AZURE 92
5.10.4 CRESCENDO SPEECH PROCESSING SOFTWARE OFFERS MULTILINGUAL SUPPORT 92
5.10.5 FACEBOOK'S AI OPEN SOURCE PROVIDES NEW DATASET FOR SPEECH RECOGNITION 93
5.10.6 LUMENVOX LAUNCHED NEXT-GENERATION AUTOMATIC SPEECH RECOGNITION (ASR) ENGINE WITH TRANSCRIPTION 93
5.10.7 SENSORY'S SPEECH RECOGNITION MODEL HELPS UNDERSTAND CHILDREN’S VOICE PATTERN 93
5.11 KEY REGULATIONS FOR SPEECH AND VOICE RECOGNITION MARKET 94
TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 94
TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
TABLE 22 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95
5.12 CODES AND STANDARDS 96
TABLE 23 SPEECH AND VOICE RECOGNITION CODES AND STANDARDS 96
5.13 PRICING ANALYSIS 96
TABLE 24 AVERAGE SELLING PRICE OF SPEECH RECOGNITION SOFTWARE 97
5.14 KEY STAKEHOLDERS & BUYING CRITERIA 97
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 97
TABLE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%) 98
5.14.2 BUYING CRITERIA 98
FIGURE 32 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 98
TABLE 26 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 99

5.15 KEY CONFERENCES AND EVENTS (2022–2023) 99
TABLE 27 SPEECH AND VOICE RECOGNITION MARKET: DETAILED LIST OF CONFERENCES & EVENTS 99
6 TYPES OF SPEECH AND VOICE RECOGNITION SYSTEMS 102
6.1 INTRODUCTION 102
FIGURE 33 DELIVERY METHODS IN SPEECH AND VOICE RECOGNITION 102
6.2 ARTIFICIAL INTELLIGENCE-BASED 102
6.2.1 ARTIFICIAL INTELLIGENCE IS MOST EFFECTIVE TECHNIQUE FOR FLAWLESS AND ACCURATE SPEECH RECOGNITION 102
6.3 NON-ARTIFICIAL INTELLIGENCE-BASED 103
6.3.1 NON-AI-BASED SYSTEMS OFFER INDUSTRY-LEADING ACCURACY, SECURITY, AND CONSISTENCY 103
7 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY 105
7.1 INTRODUCTION 106
FIGURE 34 SPEECH AND VOICE RECOGNITION MARKET SEGMENTATION,
BY TECHNOLOGY 106
FIGURE 35 VOICE RECOGNITION TECHNOLOGY TO RECORD HIGHER CAGR THAN SPEECH RECOGNITION TECHNOLOGY DURING FORECAST PERIOD 107
TABLE 28 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY,
2018–2021 (USD MILLION) 107
TABLE 29 SPEECH AND VOICE RECOGNITION MARKET, BY TECHNOLOGY,
2022–2027 (USD MILLION) 107
7.2 VOICE RECOGNITION 108
7.2.1 NON-CONTACT, EASY-TO-USE, AND NON-INTRUSIVE FEATURES OF VOICE RECOGNITION DEVICES ARE EXPECTED TO FACILITATE THEIR DEMAND IN COMING YEARS 108
FIGURE 36 VOICE RECOGNITION PHASE PROCESS 109
TABLE 30 VOICE RECOGNITION MARKET, BY REGION, 2018–2021 (USD MILLION) 109
TABLE 31 VOICE RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION) 109
7.2.2 SPEAKER IDENTIFICATION 110
7.2.2.1 Speaker identification technology authenticates users by capturing unique speech characteristics 110
7.2.3 SPEAKER VERIFICATION 110
7.2.3.1 Speaker verification technology is increasingly used in banks and financial services for security purposes 110
FIGURE 37 SPEAKER VERIFICATION PROCESS 111
7.3 SPEECH RECOGNITION 111
7.3.1 MULTILINGUAL ENVIRONMENTS ARE EXPECTED TO WITNESS HIGH DEMAND FOR SPEECH RECOGNITION TECHNOLOGY TO ELIMINATE LANGUAGE BARRIERS 111
TABLE 32 SPEECH RECOGNITION MARKET, BY REGION, 2018–2021 (USD MILLION) 112
TABLE 33 SPEECH RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION) 112

7.3.2 AUTOMATIC SPEECH RECOGNITION 112
7.3.2.1 Advancements in ASR technology empower businesses to improve customer experience 112
7.3.3 TEXT-TO-SPEECH 113
7.3.3.1 Integration of AI and ML technologies into TTS software enables conversion of text into natural-sounding audio 113
FIGURE 38 AUTOMATIC SPEECH RECOGNITION TECHNOLOGY TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD 114
TABLE 34 SPEECH RECOGNITION MARKET, BY TYPE, 2018–2021 (USD MILLION) 114
TABLE 35 SPEECH RECOGNITION MARKET, BY TYPE, 2022–2027 (USD MILLION) 114
8 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE 115
8.1 INTRODUCTION 116
FIGURE 39 DEPLOYMENT MODES IN SPEECH AND VOICE RECOGNITION 116
FIGURE 40 ON-CLOUD SPEECH AND VOICE RECOGNITION SOLUTIONS TO HOLD MAXIMUM MARKET SHARE IN 2027 116
TABLE 36 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE,
2018–2021 (USD MILLION) 117
TABLE 37 SPEECH AND VOICE RECOGNITION MARKET, BY DEPLOYMENT MODE,
2022–2027 (USD MILLION) 117
8.2 ON-CLOUD 117
8.2.1 ON-CLOUD SEGMENT TO CAPTURE LARGER MARKET SHARE DURING FORECAST PERIOD 117
TABLE 38 ON-CLOUD: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 118
TABLE 39 ON-CLOUD: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 119
8.3 ON-PREMISES/EMBEDDED 119
8.3.1 ON-PREMISES DEPLOYMENT PROJECTED TO WITNESS HIGHER GROWTH RATE DURING FORECAST PERIOD 119
TABLE 40 ON-PREMISES/EMBEDDED: SPEECH AND VOICE RECOGNITION MARKET,
BY REGION, 2018–2021 (USD MILLION) 120
TABLE 41 ON-PREMISES/EMBEDDED: SPEECH AND VOICE RECOGNITION MARKET,
BY REGION, 2022–2027 (USD MILLION) 120
9 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL 121
9.1 INTRODUCTION 122
FIGURE 41 CONSUMER VERTICAL TO COMMAND SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 122
TABLE 42 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL,
2018–2021 (USD MILLION) 123
TABLE 43 SPEECH AND VOICE RECOGNITION MARKET, BY VERTICAL,
2022–2027 (USD MILLION) 123
FIGURE 42 GOVERNMENT VERTICAL TO HOLD LARGEST SHARE OF VOICE RECOGNITION MARKET IN 2027 124
TABLE 44 VOICE RECOGNITION MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 125
TABLE 45 VOICE RECOGNITION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 125
FIGURE 43 CONSUMER VERTICAL TO HOLD LARGEST SHARE OF SPEECH RECOGNITION MARKET IN 2027 126
TABLE 46 SPEECH RECOGNITION MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 126
TABLE 47 SPEECH RECOGNITION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 127
9.2 AUTOMOTIVE 127
9.2.1 INCREASING USE OF SPEECH AND VOICE RECOGNITION TECHNOLOGIES IN IN-CAR INFOTAINMENT SYSTEMS 127
FIGURE 44 VEHICLE INSURANCE APPLICATION TO RECORD HIGHER CAGR IN SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 129
TABLE 48 AUTOMOTIVE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 129
TABLE 49 AUTOMOTIVE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 129
TABLE 50 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 130
TABLE 51 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 130
TABLE 52 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 130
TABLE 53 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 130
TABLE 54 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 131
TABLE 55 AUTOMOTIVE: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 131
TABLE 56 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 131
TABLE 57 AUTOMOTIVE: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 132
9.3 ENTERPRISE 132
9.3.1 GROWING ADOPTION OF VIRTUAL ASSISTANTS IN POST-PANDEMIC PERIOD TO BOOST MARKET GROWTH 132
TABLE 58 ENTERPRISE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 133
TABLE 59 ENTERPRISE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 133
TABLE 60 ENTERPRISE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 133
TABLE 61 ENTERPRISE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 134
TABLE 62 ENTERPRISE: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 134
TABLE 63 ENTERPRISE: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 134
TABLE 64 ENTERPRISE: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 135
TABLE 65 ENTERPRISE: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 135
TABLE 66 ENTERPRISE: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 135
TABLE 67 ENTERPRISE: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 136
9.4 CONSUMER 136
9.4.1 SURGING ADOPTION OF VOICE-CONTROLLED SMART ASSISTIVE DEVICES 136
FIGURE 45 MOBILE DEVICE CONTROL APPLICATION TO CAPTURE LARGER SHARE OF SPEECH AND VOICE RECOGNITION MARKET FOR CONSUMER VERTICAL IN 2027 137
TABLE 68 CONSUMER: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 137
TABLE 69 CONSUMER: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 138
TABLE 70 CONSUMER: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 138
TABLE 71 CONSUMER: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 138
TABLE 72 CONSUMER: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 138
TABLE 73 CONSUMER: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 139
TABLE 74 CONSUMER: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 139
TABLE 75 CONSUMER: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 139
TABLE 76 CONSUMER: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 140
TABLE 77 CONSUMER: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 140
9.5 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) 140
9.5.1 RISING NEED FOR VOICE AUTHENTICATION IN MOBILE BANKING TO STIMULATE MARKET GROWTH 140
TABLE 78 BFSI: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 141
TABLE 79 BFSI: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 142
TABLE 80 BFSI: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 142
TABLE 81 BFSI: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 142
TABLE 82 BFSI: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 143
TABLE 83 BFSI: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 143
TABLE 84 BFSI: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 143
TABLE 85 BFSI: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 144
TABLE 86 BFSI: VOICE RECOGNITION MARKET, BY REGION, 2018–2021 (USD MILLION) 144
TABLE 87 BFSI: VOICE RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION) 144
9.6 GOVERNMENT 145
9.6.1 INCREASING USE OF SPEECH AND VOICE RECOGNITION SYSTEMS TO IMPROVE EFFICIENCY BOOSTS MARKET GROWTH 145
FIGURE 46 PROOF-OF-LIFE APPLICATION TO LEAD SPEECH AND VOICE RECOGNITION MARKET FOR GOVERNMENT VERTICAL FROM 2022 TO 2027 146
TABLE 88 GOVERNMENT: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 146
TABLE 89 GOVERNMENT: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 146
TABLE 90 GOVERNMENT: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 147
TABLE 91 GOVERNMENT: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 147
TABLE 92 GOVERNMENT: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 147
TABLE 93 GOVERNMENT: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 147
TABLE 94 GOVERNMENT: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 148
TABLE 95 GOVERNMENT: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 148
TABLE 96 GOVERNMENT: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 148
TABLE 97 GOVERNMENT: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 149
9.7 RETAIL 149
9.7.1 INCREASING USE OF ADVANCED TECHNOLOGIES BY RETAILERS TO PROVIDE PERSONALIZED EXPERIENCE TO CUSTOMERS SUPPORTS MARKET GROWTH 149
TABLE 98 RETAIL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 150
TABLE 99 RETAIL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 150
TABLE 100 RETAIL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 150
TABLE 101 RETAIL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 151
TABLE 102 RETAIL: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 151
TABLE 103 RETAIL: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 151
TABLE 104 RETAIL: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 152
TABLE 105 RETAIL: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 152
TABLE 106 RETAIL: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 152
TABLE 107 RETAIL: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 153
9.8 HEALTHCARE 153
9.8.1 GROWING RELIANCE OF CARE PROVIDERS ON SPEECH AND VOICE RECOGNITION TO AVOID ERRORS, INCREASE PRODUCTIVITY, AND IMPROVE EFFICIENCY OF STAFF TO FUEL MARKET GROWTH 153
FIGURE 47 SPECIAL-PURPOSE ROBOTS EXPECTED TO REGISTER HIGHER CAGR IN SPEECH AND VOICE RECOGNITION MARKET FOR HEALTHCARE DURING FORECAST PERIOD 154
TABLE 108 HEALTHCARE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 154
TABLE 109 HEALTHCARE: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 154
TABLE 110 HEALTHCARE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 155
TABLE 111 HEALTHCARE: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 155
TABLE 112 HEALTHCARE: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 155
TABLE 113 HEALTHCARE: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 155
TABLE 114 HEALTHCARE: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 156
TABLE 115 HEALTHCARE: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 156
TABLE 116 HEALTHCARE: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 156
TABLE 117 HEALTHCARE: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 157
9.9 MILITARY 157
9.9.1 ONGOING INNOVATION IN SPEECH RECOGNITION TECHNOLOGY-BASED PRODUCTS TO FACILITATE THEIR DEMAND IN MILITARY APPLICATIONS 157
TABLE 118 MILITARY: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 158
TABLE 119 MILITARY: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 158
TABLE 120 MILITARY: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 158
TABLE 121 MILITARY: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 158
TABLE 122 MILITARY: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 159
TABLE 123 MILITARY: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 159
TABLE 124 MILITARY: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 159
TABLE 125 MILITARY: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 160
TABLE 126 MILITARY: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 160
TABLE 127 MILITARY: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 160
9.10 LEGAL 161
9.10.1 ELEVATING ADOPTION OF SPEECH AND VOICE RECOGNITION TOOLS BY LAW FIRMS TO FUEL MARKET GROWTH 161
TABLE 128 LEGAL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 161
TABLE 129 LEGAL: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 162
TABLE 130 LEGAL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 162
TABLE 131 LEGAL: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 162
TABLE 132 LEGAL: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 162
TABLE 133 LEGAL: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 162
TABLE 134 LEGAL: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 163
TABLE 135 LEGAL: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 163
TABLE 136 LEGAL: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 163
TABLE 137 LEGAL: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 164
9.11 EDUCATION 164
9.11.1 RISING USE OF SPEECH AND VOICE RECOGNITION TO EDUCATE DISABLED STUDENTS TO CREATE GROWTH OPPORTUNITIES 164
FIGURE 48 EDUCATION FOR DISABLED & E-LEARNING SEGMENT TO RECORD HIGHER CAGR IN SPEECH AND VOICE RECOGNITION MARKET DURING FORECAST PERIOD 165
TABLE 138 EDUCATION: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 165
TABLE 139 EDUCATION: SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 165
TABLE 140 EDUCATION: SPEECH RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 166
TABLE 141 EDUCATION: SPEECH RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 166
TABLE 142 EDUCATION: VOICE RECOGNITION MARKET, BY APPLICATION,
2018–2021 (USD MILLION) 166
TABLE 143 EDUCATION: VOICE RECOGNITION MARKET, BY APPLICATION,
2022–2027 (USD MILLION) 166
TABLE 144 EDUCATION: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 167
TABLE 145 EDUCATION: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 167
TABLE 146 EDUCATION: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 167
TABLE 147 EDUCATION: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 168
9.12 OTHERS 168
TABLE 148 OTHERS: SPEECH RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 169
TABLE 149 OTHERS: SPEECH RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 169
TABLE 150 OTHERS: VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 169
TABLE 151 OTHERS: VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 170
10 SPEECH AND VOICE RECOGNITION MARKET, BY REGION 171
10.1 INTRODUCTION 172
FIGURE 49 SPEECH AND VOICE RECOGNITION MARKET SEGMENTATION, BY REGION 172
FIGURE 50 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 172
FIGURE 51 SPEECH AND VOICE RECOGNITION MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 173
TABLE 152 SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 173
TABLE 153 SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 173
10.2 AMERICAS 174
FIGURE 52 AMERICAS: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 175
TABLE 154 AMERICAS: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 175
TABLE 155 AMERICAS: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 176
TABLE 156 NORTH AMERICA: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 176
TABLE 157 NORTH AMERICA: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 176
10.2.1 NORTH AMERICA 176
10.2.1.1 US 177
10.2.1.1.1 Prominent presence of key market players boosts demand for speech and voice recognition technologies 177
10.2.1.2 Canada 177
10.2.1.2.1 High deployment of voice-activated biometrics in banking applications to support market growth 177
10.2.1.3 Mexico 178
10.2.1.3.1 Strong focus of giant companies on setting up development centers in Mexico to create growth opportunities 178
10.2.2 SOUTH AMERICA 178
10.2.2.1 Rapid internet penetration to drive market growth 178

10.3 EUROPE 178
FIGURE 53 EUROPE: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 179
TABLE 158 EUROPE: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY,
2018–2021 (USD MILLION) 180
TABLE 159 EUROPE: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY,
2022–2027 (USD MILLION) 180
10.3.1 UK 180
10.3.1.1 Strong government support and technological advancements boost market growth 180
10.3.2 GERMANY 181
10.3.2.1 Greater reliance on AI and cognitive technologies in enterprises to fuel demand for speech and voice recognition technologies 181
10.3.3 FRANCE 182
10.3.3.1 Significant focus on improving air traffic control fosters growth of speech and voice recognition market 182
10.3.4 REST OF EUROPE 182
10.4 ASIA PACIFIC 183
FIGURE 54 ASIA PACIFIC: SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 183
TABLE 160 ASIA PACIFIC: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 184
TABLE 161 ASIA PACIFIC: SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 184
10.4.1 JAPAN 184
10.4.1.1 Rapid deployment of Al into innovative robotic devices fuels market growth 184
10.4.2 CHINA 185
10.4.2.1 Robust presence of key market players is boosting market growth 185
10.4.3 INDIA 186
10.4.3.1 Large-scale technological development and increasing number of mobile and internet users to drive market growth 186
10.4.4 REST OF ASIA PACIFIC 186
10.5 ROW 186
FIGURE 55 SPEECH AND VOICE RECOGNITION MARKET IN ROW, 2022 VS. 2027 187
TABLE 162 ROW: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2018–2021 (USD MILLION) 187
TABLE 163 ROW: SPEECH AND VOICE RECOGNITION MARKET, BY REGION,
2022–2027 (USD MILLION) 187
10.5.1 MIDDLE EAST 188
10.5.1.1 Remarkable adoption of voice assistant devices fosters demand for speech and voice recognition technologies 188
10.5.2 AFRICA 188
10.5.2.1 Africa to record higher CAGR than Middle East in speech and voice recognition market in RoW from 2022 to 2027 188

11 COMPETITIVE LANDSCAPE 189
11.1 INTRODUCTION 189
11.2 REVENUE ANALYSIS OF TOP 5 COMPANIES 189
FIGURE 56 REVENUE ANALYSIS (USD MILLION), 2017–2021 189
11.3 KEY PLAYER STRATEGIES/RIGHT TO WIN 190
TABLE 164 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MANUFACTURERS OF
SPEECH AND VOICE RECOGNITION PRODUCTS 190
11.4 MARKET SHARE ANALYSIS 190
TABLE 165 SPEECH AND VOICE RECOGNITION MARKET:
DEGREE OF COMPETITION (2021) 190
FIGURE 57 MARKET SHARE ANALYSIS: SPEECH AND VOICE
RECOGNITION MARKET, 2021 191
11.5 COMPANY EVALUATION QUADRANT 192
11.5.1 STARS 192
11.5.2 EMERGING LEADERS 192
11.5.3 PERVASIVE COMPANIES 192
11.5.4 PARTICIPANTS 192
FIGURE 58 SPEECH AND VOICE RECOGNITION MARKET COMPANY EVALUATION QUADRANT, 2021 193
11.6 STRENGTH OF PRODUCT PORTFOLIO 194
11.7 BUSINESS STRATEGY EXCELLENCE 194
11.8 COMPETITIVE BENCHMARKING 195
TABLE 166 COMPETITIVE BENCHMARKING: SPEECH AND VOICE RECOGNITION MARKET 195
FIGURE 59 COMPANY VERTICAL FOOTPRINT: SPEECH AND VOICE RECOGNITION MARKET 196
TABLE 167 COMPANY TECHNOLOGY FOOTPRINT: SPEECH AND VOICE RECOGNITION MARKET 197
TABLE 168 COMPANY REGION FOOTPRINT: SPEECH AND VOICE RECOGNITION MARKET 198
11.9 SME EVALUATION QUADRANT FOR SPEECH AND VOICE RECOGNITION MARKET, 2021 199
11.9.1 PROGRESSIVE COMPANIES 199
11.9.2 RESPONSIVE COMPANIES 199
11.9.3 DYNAMIC COMPANIES 199
11.9.4 STARTING BLOCKS 199
FIGURE 60 SPEECH AND VOICE RECOGNITION MARKET STARTUP/SME EVALUATION QUADRANT, 2021 200
11.10 COMPETITIVE SITUATION AND TRENDS 201
11.10.1 PRODUCT LAUNCHES AND DEVELOPMENTS 201
TABLE 169 PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2021 201
11.10.2 DEALS 202
TABLE 170 DEALS, 2018–2021 202

 

ページTOPに戻る

ご注文は、お電話またはWEBから承ります。お見積もりの作成もお気軽にご相談ください。

webからのご注文・お問合せはこちらのフォームから承ります


よくあるご質問


MarketsandMarkets社はどのような調査会社ですか?


マーケッツアンドマーケッツ(MarketsandMarkets)は通信、半導体、医療機器、エネルギーなど、幅広い市場に関する調査レポートを出版しています。また広範な市場を対象としたカスタム調査も行って... もっと見る


調査レポートの納品までの日数はどの程度ですか?


在庫のあるものは速納となりますが、平均的には 3-4日と見て下さい。
但し、一部の調査レポートでは、発注を受けた段階で内容更新をして納品をする場合もあります。
発注をする前のお問合せをお願いします。


注文の手続きはどのようになっていますか?


1)お客様からの御問い合わせをいただきます。
2)見積書やサンプルの提示をいたします。
3)お客様指定、もしくは弊社の発注書をメール添付にて発送してください。
4)データリソース社からレポート発行元の調査会社へ納品手配します。
5) 調査会社からお客様へ納品されます。最近は、pdfにてのメール納品が大半です。


お支払方法の方法はどのようになっていますか?


納品と同時にデータリソース社よりお客様へ請求書(必要に応じて納品書も)を発送いたします。
お客様よりデータリソース社へ(通常は円払い)の御振り込みをお願いします。
請求書は、納品日の日付で発行しますので、翌月最終営業日までの当社指定口座への振込みをお願いします。振込み手数料は御社負担にてお願いします。
お客様の御支払い条件が60日以上の場合は御相談ください。
尚、初めてのお取引先や個人の場合、前払いをお願いすることもあります。ご了承のほど、お願いします。


データリソース社はどのような会社ですか?


当社は、世界各国の主要調査会社・レポート出版社と提携し、世界各国の市場調査レポートや技術動向レポートなどを日本国内の企業・公官庁及び教育研究機関に提供しております。
世界各国の「市場・技術・法規制などの」実情を調査・収集される時には、データリソース社にご相談ください。
お客様の御要望にあったデータや情報を抽出する為のレポート紹介や調査のアドバイスも致します。



詳細検索

このレポートへのお問合せ

03-3582-2531

電話お問合せもお気軽に

 

2024/07/05 10:26

162.17 円

175.82 円

209.73 円

ページTOPに戻る