Voice Recognition Market for Smartphones in US 2023-2027

Description

List of Tables

The voice recognition market for smartphones in US is forecasted to grow by USD 124.36 mn during 2022-2027, accelerating at a CAGR of 12.47% during the forecast period. The report on the voice recognition market for smartphones in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of technologically advanced mobile devices, increasing demand for voice-driven navigation systems and workstations, and the growing use of voice biometrics.

Technavio's voice recognition market for smartphones in US is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	11.4%
CAGR	12.47%
Incremental Value	$124.36mn

By Technology

Automatic speech recognition
Text-to-speech

By Deployment

Cloud-based
Embedded

By Geographical Landscape

North America

This study identifies the growing use of AI integrated with voice speech recognition as one of the prime reasons driving the voice recognition market for smartphones in US growth during the next few years. Also, growing demand for smart homes and development of smart cities and increasing of voice-enabled devices in automobiles will lead to sizable demand in the market.

The report on the voice recognition market for smartphones in US covers the following areas:

Voice recognition market for smartphones in US sizing
Voice recognition market for smartphones in US forecast
Voice recognition market for smartphones in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice recognition markets for smartphones in US vendors that include 3M Co., Advanced Voice Recognition Systems Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., AT and T Inc., Aware Inc., Baidu Inc., International Business Machines Corp., Koninklijke Philips N.V., LumenVox GmbH, M2SYS, Microsoft Corp., Qualcomm Inc., Rev.com Inc., Samsung Electronics Co. Ltd., Sensory Inc., Sonix Inc., Summa Linguae Technologies S.A., and Verizon Communications Inc.. Also, the voice recognition market for smartphones in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76338

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Voice recognition market for smartphones in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on voice recognition market for smartphones in US 2017 - 2021 ($ million)
4.2 Technology Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.3 Deployment Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Deployment Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 25: Chart on Technology - Market share 2022-2027 (%)
Exhibit 26: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
Exhibit 27: Chart on Comparison by Technology
Exhibit 28: Data Table on Comparison by Technology
6.3 Automatic speech recognition - Market size and forecast 2022-2027
Exhibit 29: Chart on Automatic speech recognition - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Automatic speech recognition - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Automatic speech recognition - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Automatic speech recognition - Year-over-year growth 2022-2027 (%)
6.4 Text-to-speech - Market size and forecast 2022-2027
Exhibit 33: Chart on Text-to-speech - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Text-to-speech - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Text-to-speech - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Text-to-speech - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Technology
Exhibit 37: Market opportunity by Technology ($ million)
Exhibit 38: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Deployment

7.1 Market segments
Exhibit 39: Chart on Deployment - Market share 2022-2027 (%)
Exhibit 40: Data Table on Deployment - Market share 2022-2027 (%)
7.2 Comparison by Deployment
Exhibit 41: Chart on Comparison by Deployment
Exhibit 42: Data Table on Comparison by Deployment
7.3 Cloud-based - Market size and forecast 2022-2027
Exhibit 43: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
7.4 Embedded - Market size and forecast 2022-2027
Exhibit 47: Chart on Embedded - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Embedded - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Embedded - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Embedded - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Deployment
Exhibit 51: Market opportunity by Deployment ($ million)
Exhibit 52: Data Table on Market opportunity by Deployment ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 54: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 56: Overview on factors of disruption
10.4 Industry risks
Exhibit 57: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 58: Vendors covered
11.2 Market positioning of vendors
Exhibit 59: Matrix on vendor position and classification
11.3 Advanced Voice Recognition Systems Inc.
Exhibit 60: Advanced Voice Recognition Systems Inc. - Overview
Exhibit 61: Advanced Voice Recognition Systems Inc. - Product / Service
Exhibit 62: Advanced Voice Recognition Systems Inc. - Key offerings
11.4 Alphabet Inc.
Exhibit 63: Alphabet Inc. - Overview
Exhibit 64: Alphabet Inc. - Business segments
Exhibit 65: Alphabet Inc. - Key news
Exhibit 66: Alphabet Inc. - Key offerings
Exhibit 67: Alphabet Inc. - Segment focus
11.5 Amazon.com Inc.
Exhibit 68: Amazon.com Inc. - Overview
Exhibit 69: Amazon.com Inc. - Business segments
Exhibit 70: Amazon.com Inc. - Key news
Exhibit 71: Amazon.com Inc. - Key offerings
Exhibit 72: Amazon.com Inc. - Segment focus
11.6 Apple Inc.
Exhibit 73: Apple Inc. - Overview
Exhibit 74: Apple Inc. - Business segments
Exhibit 75: Apple Inc. - Key news
Exhibit 76: Apple Inc. - Key offerings
Exhibit 77: Apple Inc. - Segment focus
11.7 AT and T Inc.
Exhibit 78: AT and T Inc. - Overview
Exhibit 79: AT and T Inc. - Business segments
Exhibit 80: AT and T Inc. - Key news
Exhibit 81: AT and T Inc. - Key offerings
Exhibit 82: AT and T Inc. - Segment focus
11.8 International Business Machines Corp.
Exhibit 83: International Business Machines Corp. - Overview
Exhibit 84: International Business Machines Corp. - Business segments
Exhibit 85: International Business Machines Corp. - Key news
Exhibit 86: International Business Machines Corp. - Key offerings
Exhibit 87: International Business Machines Corp. - Segment focus
11.9 Koninklijke Philips N.V.
Exhibit 88: Koninklijke Philips N.V. - Overview
Exhibit 89: Koninklijke Philips N.V. - Business segments
Exhibit 90: Koninklijke Philips N.V. - Key news
Exhibit 91: Koninklijke Philips N.V. - Key offerings
Exhibit 92: Koninklijke Philips N.V. - Segment focus
11.10 LumenVox GmbH
Exhibit 93: LumenVox GmbH - Overview
Exhibit 94: LumenVox GmbH - Product / Service
Exhibit 95: LumenVox GmbH - Key offerings
11.11 M2SYS
Exhibit 96: M2SYS - Overview
Exhibit 97: M2SYS - Product / Service
Exhibit 98: M2SYS - Key offerings
11.12 Microsoft Corp.
Exhibit 99: Microsoft Corp. - Overview
Exhibit 100: Microsoft Corp. - Business segments
Exhibit 101: Microsoft Corp. - Key news
Exhibit 102: Microsoft Corp. - Key offerings
Exhibit 103: Microsoft Corp. - Segment focus
11.13 Qualcomm Inc.
Exhibit 104: Qualcomm Inc. - Overview
Exhibit 105: Qualcomm Inc. - Business segments
Exhibit 106: Qualcomm Inc. - Key news
Exhibit 107: Qualcomm Inc. - Key offerings
Exhibit 108: Qualcomm Inc. - Segment focus
11.14 Rev.com Inc.
Exhibit 109: Rev.com Inc. - Overview
Exhibit 110: Rev.com Inc. - Product / Service
Exhibit 111: Rev.com Inc. - Key offerings
11.15 Samsung Electronics Co. Ltd.
Exhibit 112: Samsung Electronics Co. Ltd. - Overview
Exhibit 113: Samsung Electronics Co. Ltd. - Business segments
Exhibit 114: Samsung Electronics Co. Ltd. - Key news
Exhibit 115: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 116: Samsung Electronics Co. Ltd. - Segment focus
11.16 Sensory Inc.
Exhibit 117: Sensory Inc. - Overview
Exhibit 118: Sensory Inc. - Product / Service
Exhibit 119: Sensory Inc. - Key offerings
11.17 Verizon Communications Inc.
Exhibit 120: Verizon Communications Inc. - Overview
Exhibit 121: Verizon Communications Inc. - Business segments
Exhibit 122: Verizon Communications Inc. - Key offerings
Exhibit 123: Verizon Communications Inc. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 124: Inclusions checklist
Exhibit 125: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 126: Currency conversion rates for US$
12.4 Research methodology
Exhibit 127: Research methodology
Exhibit 128: Validation techniques employed for market sizing
Exhibit 129: Information sources
12.5 List of abbreviations
Exhibit 130: List of abbreviations