Global Far-Field Speech and Voice Recognition Market Size study & Forecast, by Component, by Microphone Solution, by Application, and Regional Analysis, 2023-2030

Description

List of Tables

Global Far-Field Speech and Voice Recognition Market is valued approximately USD 3.3 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 13.1% over the forecast period 2023-2030. Far-Field Speech and Voice Recognition refers to the technology and systems designed to accurately capture, interpret, and respond to spoken commands and interactions from a distance. Unlike near-field speech recognition, far-field technology enables voice-based communication in larger spaces and noisy environments, utilizing advanced algorithms, beamforming, and noise cancellation techniques to enhance speech recognition accuracy and enable hands-free control of devices and applications. The market drivers boosting the market growth are increasing demand for Voice-Activated devices and growing demand of Virtual Assistants and Voice-Enabled AI.

According to Statista, by 2024, the global number of digital voice assistants is projected to exceed 8.4 billion units, surpassing the world's population, indicating widespread adoption and integration of voice-enabled technologies. Virtual assistants, such as Amazon Alexa, Google Assistant, and Apple Siri, have become integral parts of consumers' daily lives. Far-field speech and voice recognition technology enable accurate and efficient voice interactions with these virtual assistants, driving their widespread adoption and integration into various devices and applications. Moreover, advancements in noise cancellation algorithms and Natural Language Processing (NLP) may create abundant opportunities for the market. However, the lack of standardization along with the high threat to privacy and security stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Far-Field Speech and Voice Recognition Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the strong presence of key market players, high consumer adoption of voice-activated devices, and significant investments in research and development. Additionally, North America's advanced infrastructure, favorable regulatory environment, and technological advancements contribute to its leadership in the market. However, Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as rapid adoption of voice-activated devices, increasing smartphone penetration, and growing investments in artificial intelligence and natural language processing technologies.

Major market player included in this report are:

Qualcomm, Inc.
STMicroelectronics N.V.
Harman International
Synaptics Incorporated
Knowles Corporation
NXP Semiconductors
Andrea Electronics
Microchip Technology Inc.
Infineon Technologies AG
Cirrus Logic Inc.

Recent Developments in the Market:

In February 2023, Infineon Technologies AG launched a low-power PDM microphone, specifically designed for applications like wireless earbuds, over-ear headsets, and hearing enhancement devices. The microphone's ultra-low power consumption makes it an ideal choice for these applications, providing efficient and high-performance audio capture.
In January 2023, HARMAN International, a leading audio and connected technologies company, announced the launch of its Sound and Vibration Sensor and External Microphone products at CES 2023. These innovative offerings are designed to enhance audio quality and enable precise sound detection and measurement in various applications.

Global Far-Field Speech and Voice Recognition Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Microphone Solution, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Microphones
Digital Signal Processor
Software

By Microphone Solution:

Single Microphone
Linear Arrays
Circular Arrays

By Application:

Smart TV/STB
Smart Speakers
Automotive
Robotics
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Far-Field Speech and Voice Recognition Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Far-Field Speech and Voice Recognition Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Far-Field Speech and Voice Recognition Market, by Microphone Solution, 2020-2030 (USD Billion)
- 1.2.4. Far-Field Speech and Voice Recognition Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Far-Field Speech and Voice Recognition Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Far-Field Speech and Voice Recognition Market Dynamics

3.1. Far-Field Speech and Voice Recognition Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for Voice-Activated devices
  - 3.1.1.2. Growing demand of Virtual Assistants and Voice-Enabled AI
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of Standardization
  - 3.1.2.2. High threat to privacy and security
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in noise cancellation algorithms
  - 3.1.3.2. Advancements in Natural Language Processing (NLP)

Chapter 4. Global Far-Field Speech and Voice Recognition Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Far-Field Speech and Voice Recognition Market, by Component

5.1. Market Snapshot
5.2. Global Far-Field Speech and Voice Recognition Market by Component, Performance - Potential Analysis
5.3. Global Far-Field Speech and Voice Recognition Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Far-Field Speech and Voice Recognition Market, Sub Segment Analysis
- 5.4.1. Microphones
- 5.4.2. Digital Signal Processor
- 5.4.3. Software

Chapter 6. Global Far-Field Speech and Voice Recognition Market, by Microphone Solution

6.1. Market Snapshot
6.2. Global Far-Field Speech and Voice Recognition Market by Microphone Solution, Performance - Potential Analysis
6.3. Global Far-Field Speech and Voice Recognition Market Estimates & Forecasts by Microphone Solution 2020-2030 (USD Billion)
6.4. Far-Field Speech and Voice Recognition Market, Sub Segment Analysis
- 6.4.1. Single Microphone
- 6.4.2. Linear Arrays
- 6.4.3. Circular Arrays

Chapter 7. Global Far-Field Speech and Voice Recognition Market, by Application

7.1. Market Snapshot
7.2. Global Far-Field Speech and Voice Recognition Market by Application, Performance - Potential Analysis
7.3. Global Far-Field Speech and Voice Recognition Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Far-Field Speech and Voice Recognition Market, Sub Segment Analysis
- 7.4.1. Smart TV/STB
- 7.4.2. Smart Speakers
- 7.4.3. Automotive
- 7.4.4. Robotics
- 7.4.5. Others

Chapter 8. Global Far-Field Speech and Voice Recognition Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Far-Field Speech and Voice Recognition Market, Regional Market Snapshot
8.4. North America Far-Field Speech and Voice Recognition Market
- 8.4.1. U.S. Far-Field Speech and Voice Recognition Market
  - 8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Microphone Solution breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Far-Field Speech and Voice Recognition Market
8.5. Europe Far-Field Speech and Voice Recognition Market Snapshot
- 8.5.1. U.K. Far-Field Speech and Voice Recognition Market
- 8.5.2. Germany Far-Field Speech and Voice Recognition Market
- 8.5.3. France Far-Field Speech and Voice Recognition Market
- 8.5.4. Spain Far-Field Speech and Voice Recognition Market
- 8.5.5. Italy Far-Field Speech and Voice Recognition Market
- 8.5.6. Rest of Europe Far-Field Speech and Voice Recognition Market
8.6. Asia-Pacific Far-Field Speech and Voice Recognition Market Snapshot
- 8.6.1. China Far-Field Speech and Voice Recognition Market
- 8.6.2. India Far-Field Speech and Voice Recognition Market
- 8.6.3. Japan Far-Field Speech and Voice Recognition Market
- 8.6.4. Australia Far-Field Speech and Voice Recognition Market
- 8.6.5. South Korea Far-Field Speech and Voice Recognition Market
- 8.6.6. Rest of Asia Pacific Far-Field Speech and Voice Recognition Market
8.7. Latin America Far-Field Speech and Voice Recognition Market Snapshot
- 8.7.1. Brazil Far-Field Speech and Voice Recognition Market
- 8.7.2. Mexico Far-Field Speech and Voice Recognition Market
8.8. Middle East & Africa Far-Field Speech and Voice Recognition Market
- 8.8.1. Saudi Arabia Far-Field Speech and Voice Recognition Market
- 8.8.2. South Africa Far-Field Speech and Voice Recognition Market
- 8.8.3. Rest of Middle East & Africa Far-Field Speech and Voice Recognition Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Qualcomm, Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. STMicroelectronics N.V.
- 9.3.3. Harman International
- 9.3.4. Synaptics Incorporated
- 9.3.5. Knowles Corporation
- 9.3.6. NXP Semiconductors
- 9.3.7. Andrea Electronics
- 9.3.8. Microchip Technology Inc.
- 9.3.9. Infineon Technologies AG
- 9.3.10. Cirrus Logic Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Far-Field Speech and Voice Recognition Market, report scope
TABLE 2. Global Far-Field Speech and Voice Recognition Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Far-Field Speech and Voice Recognition Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Far-Field Speech and Voice Recognition Market estimates & forecasts by Microphone Solution 2020-2030 (USD Billion)
TABLE 5. Global Far-Field Speech and Voice Recognition Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Far-Field Speech and Voice Recognition Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Far-Field Speech and Voice Recognition Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Far-Field Speech and Voice Recognition Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Far-Field Speech and Voice Recognition Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Far-Field Speech and Voice Recognition Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Far-Field Speech and Voice Recognition Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Far-Field Speech and Voice Recognition Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Far-Field Speech and Voice Recognition Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Far-Field Speech and Voice Recognition Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Far-Field Speech and Voice Recognition Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Far-Field Speech and Voice Recognition Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Far-Field Speech and Voice Recognition Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Far-Field Speech and Voice Recognition Market
TABLE 71. List of primary sources, used in the study of global Far-Field Speech and Voice Recognition Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Far-Field Speech and Voice Recognition Market, research methodology
FIG 2. Global Far-Field Speech and Voice Recognition Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Far-Field Speech and Voice Recognition Market, key trends 2022
FIG 5. Global Far-Field Speech and Voice Recognition Market, growth prospects 2023-2030
FIG 6. Global Far-Field Speech and Voice Recognition Market, porters 5 force model
FIG 7. Global Far-Field Speech and Voice Recognition Market, pest analysis
FIG 8. Global Far-Field Speech and Voice Recognition Market, value chain analysis
FIG 9. Global Far-Field Speech and Voice Recognition Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Far-Field Speech and Voice Recognition Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Far-Field Speech and Voice Recognition Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Far-Field Speech and Voice Recognition Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Far-Field Speech and Voice Recognition Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Far-Field Speech and Voice Recognition Market, regional snapshot 2020 & 2030
FIG 15. North America Far-Field Speech and Voice Recognition Market 2020 & 2030 (USD Billion)
FIG 16. Europe Far-Field Speech and Voice Recognition Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Far-Field Speech and Voice Recognition Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Far-Field Speech and Voice Recognition Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Far-Field Speech and Voice Recognition Market 2020 & 2030 (USD Billion)