Automatic Voice & Speech Recognition Software Market by Type, Technology, Industry, Deployment

Description

List of Tables

[195 Pages Report] The Automatic Voice & Speech Recognition Software Market size was estimated at USD 18.60 billion in 2023 and expected to reach USD 22.01 billion in 2024, at a CAGR 18.46% to reach USD 60.90 billion by 2030.

Global Automatic Voice & Speech Recognition Software Market

KEY MARKET STATISTICS
Base Year [2023]	USD 18.60 billion
Estimated Year [2024]	USD 22.01 billion
Forecast Year [2030]	USD 60.90 billion
CAGR (%)	18.46%

Automatic Voice & Speech Recognition Software Market - IMG1

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automatic Voice & Speech Recognition Software Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automatic Voice & Speech Recognition Software Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automatic Voice & Speech Recognition Software Market, highlighting leading vendors and their innovative profiles. These include Acapela Group, Advanced Voice Recognition Systems, Inc., Amazon.Com, Inc., Apple Inc., Artificial Solutions International AB, Avaamo, Inc., Baidu, Inc., Cognigy GmbH, Conversica, Inc., LumenVox GmbH, Microsoft Corporation, ReadSpeaker Holding B.V., Speechmatics, The International Business Machines Corporation, Uniphore Technologies Inc., and Voiceitt, Inc..

Market Segmentation & Coverage

This research report categorizes the Automatic Voice & Speech Recognition Software Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Artificial Intelligence Based
- Non-Artificial Intelligence Based
Technology
- Speech Recognition
- Voice Recognition
Industry
- Aerospace & Defense
- Automotive & Transportation
- Banking, Financial Services & Insurance
- Building, Construction & Real Estate
- Consumer Goods & Retail
- Education
- Energy & Utilities
- Government & Public Sector
- Healthcare & Life Sciences
- Information Technology
- Manufacturing
- Media & Entertainment
- Telecommunication
- Travel & Hospitality
Deployment
- On-Cloud
- On-Premises
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automatic Voice & Speech Recognition Software Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automatic Voice & Speech Recognition Software Market?

3. What are the technology trends and regulatory frameworks in the Automatic Voice & Speech Recognition Software Market?

4. What is the market share of the leading vendors in the Automatic Voice & Speech Recognition Software Market?

5. Which modes and strategic moves are suitable for entering the Automatic Voice & Speech Recognition Software Market?

Product Code: MRR-430D3EB72292

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Automatic Voice & Speech Recognition Software Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for biometric systems for multi factor authentication
  - 5.1.1.2. Rapid growth of multifunctional devices and smart speakers
  - 5.1.1.3. Accelerating potential in healthcare application
- 5.1.2. Restraints
  - 5.1.2.1. High cost and unreliability of high-end technology system
- 5.1.3. Opportunities
  - 5.1.3.1. Rising adoption in autonomous cars
  - 5.1.3.2. Penetration in the micro-linguistics and local language segment
- 5.1.4. Challenges
  - 5.1.4.1. Limited availability of standardized platform
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Automatic Voice & Speech Recognition Software Market, by Type

6.1. Introduction
6.2. Artificial Intelligence Based
6.3. Non-Artificial Intelligence Based

7. Automatic Voice & Speech Recognition Software Market, by Technology

7.1. Introduction
7.2. Speech Recognition
7.3. Voice Recognition

8. Automatic Voice & Speech Recognition Software Market, by Industry

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive & Transportation
8.4. Banking, Financial Services & Insurance
8.5. Building, Construction & Real Estate
8.6. Consumer Goods & Retail
8.7. Education
8.8. Energy & Utilities
8.9. Government & Public Sector
8.10. Healthcare & Life Sciences
8.11. Information Technology
8.12. Manufacturing
8.13. Media & Entertainment
8.14. Telecommunication
8.15. Travel & Hospitality

9. Automatic Voice & Speech Recognition Software Market, by Deployment

9.1. Introduction
9.2. On-Cloud
9.3. On-Premises

10. Americas Automatic Voice & Speech Recognition Software Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automatic Voice & Speech Recognition Software Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automatic Voice & Speech Recognition Software Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. Acapela Group
- 14.1.2. Advanced Voice Recognition Systems, Inc.
- 14.1.3. Amazon.Com, Inc.
- 14.1.4. Apple Inc.
- 14.1.5. Artificial Solutions International AB
- 14.1.6. Avaamo, Inc.
- 14.1.7. Baidu, Inc.
- 14.1.8. Cognigy GmbH
- 14.1.9. Conversica, Inc.
- 14.1.10. LumenVox GmbH
- 14.1.11. Microsoft Corporation
- 14.1.12. ReadSpeaker Holding B.V.
- 14.1.13. Speechmatics
- 14.1.14. The International Business Machines Corporation
- 14.1.15. Uniphore Technologies Inc.
- 14.1.16. Voiceitt, Inc.
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing