Speech & Voice Recognition Market Report
RA06155
Speech & Voice Recognition Market, by Deployment Mode (On Cloud, On-premises/Embedded), Vertical (Automotive, Enterprise, Consumer, Banking, Financial services, & Insurance, Government, Retail, Healthcare, Military, Legal, Education, Others), Technology (Voice Recognition, Speech Recognition), Delivery Mode (Artificial Intelligence Based, Non-artificial Intelligence Based): Global Opportunity Analysis and Industry Forecast, 2020-2027
The global speech & voice recognition market is estimated to surpass $36,713.4 million by 2027, exhibiting a CAGR of 19.3% from 2020 to 2027.
The report aims to cater scrupulous analysis of the global speech & voice recognition market by methodically reviewing different facets of the market such as key segments, market dynamics, regional market circumstances, investment opportunities, and top players operating in the market.
In addition, the report offers insights on the current lookout and upcoming trends and developments that are likely to contribute to the growth of the market. Moreover, major factors such as market drivers and opportunities that are expected to shape the panorama of the global market are deliberated in the report. Also, limitations and threats that hold the power to hinder the industry growth are outlined in the report. The report also presents the Porter’s five forces analysis of the market which explains competitive landscape, negotiating power of buyers and suppliers, threats of new players, and arrival of substitutes in the market.
The report further presents future outlook and growth of the global market by scrutinizing the key forces that are likely to impact the market growth. The report also reveals segmental analysis by acutely assessing every segment of the global speech & voice recognition market. Regional market analysis of these segments is also presented in the report. The report divides the global speech & voice recognition market into four main regions including Europe, North America, Asia-Pacific, and LAMEA. Further, these regions are sub-divided to explain in detail the landscape of the speech & voice recognition market across major countries in these regions. Furthermore, the report divulges some of the recent advances, trends, and upcoming opportunities in every region.
The report offers a complete overview of 10 foremost players operating in the global speech & voice recognition market along with their company overview, major company executives, company’s financial status and revenue, top business activities, and groundbreaking developments in the global speech & voice recognition market. Besides these insights, the major events as well as strategies of major players functioning in the global speech & voice recognition market is also provided in the report.
RESEARCH METHODOLOGY
The report is articulated by Research Dive’s professional market analysts, and claims to be a reliable source of data and statistics for the global speech & voice recognition market. The market forecasts specified in the report have been derived using proven research methodologies and analytical tools & models. Use of such advanced tools helps market analysts in analyzing, filtering, and deriving precise data and predictions.
The report is formulated after a thorough conversation and interviews with top industry players, stakeholders, and market participants. All the research and analysis is based on data obtained from reliable and renowned sources of statistics, and regional intelligence. The research report is built by gathering various data points and information regarding the speech & voice recognition market. Primary research forms the foundation of the overall research process; however, it is reasonably supported by comprehensive secondary research. Around 5,900 product type literatures, company annual reports, market publications, and other such significant documents of key market players have been reviewed for in-depth understanding of market saturation. Additionally, trade associations’ publications, reliable industry bulletins, medical journals, and government websites have been studied for getting hold of important industry related insights.
KEY MARKET BENEFITS
- The report reveals market size and forecast for the period from 2019 to 2027
- This report sheds light on trends, inventions, and novel developments along with a detailed quantitative breakdown of the speech & voice recognition market during the period of forecast
- The report offers prevalent as well as upcoming investment opportunities of the global speech & voice recognition market
- The market size and estimations are based on a comprehensive analysis of market drivers and restraints and key improvements in the speech & voice recognition market
- The report also offers insights on foremost market players, Porter’s Five Analysis, and top winning business strategies
- The initiatives undertaken by the top market players are presented in the report to comprehend the competitive scenario of the market
KEY MARKET SEGMENTS
The report segments the global market into deployment mode ,vertical ,technology ,delivery mode and region.
- Deployment Mode: On Cloud, On-premises/Embedded
- Vertical: Automotive, Enterprise, Consumer, Banking, Financial services, & Insurance, Government, Retail, Healthcare, Military, Legal, Education, Others
- Technology: Voice Recognition, Speech Recognition
- Delivery Mode: Artificial Intelligence Based, Non-artificial Intelligence Based
Regionally, the report assesses the global market across North America, Europe, Asia Pacific, and LAMEA.
- The North American countries evaluated in the report are the U.S., Canada, and Mexico
- The European countries evaluated in the report are Germany, UK, France, Spain, Italy, and Rest of Europe
- The Asian countries evaluated in the report are Japan, China, India, Australia, and Rest of Asia-Pacific
- The countries in LAMEA evaluated in the report are Brazil, Saudi Arabia, South Africa, South Korea, and Rest of LAMEA
KEY PLAYERS
The key players outlined in the report are IBM, Cantab Research, Microsoft, Alphabet.
The report summaries the business overview including financial performance, latest strategic moves & developments, product portfolio, and SWOT analysis of the top players functioning in the speech & voice recognition market.
1. Nuance Communication
2. Microsoft
3. Alphabet
4. IBM
5. Sensory
6. Cantab Research
7. Amazon
8. Baidu
9. Iflytek
10. Raytheon BBN Technologies
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1. RESEARCH METHODOLOGY
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.5. Market size estimation
1.5.1. Top-down approach
1.5.2. Bottom-up approach
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2. REPORT SCOPE
2.1. Market definition
2.2. Key objectives of the study
2.3. Report overview
2.4. Market segmentation
2.5. Overview of the impact of COVID-19 on Global Speech & Voice Recognition Market
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3. EXECUTIVE SUMMARY
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4. MARKET OVERVIEW
4.1. Introduction
4.2. Growth impact forces
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Market value chain analysis
4.3.1. List of raw material suppliers
4.3.2. List of manufacturers
4.3.3. List of distributors
4.4. Innovation & sustainability matrices
4.4.1. Technology matrix
4.4.2. Regulatory matrix
4.5. Porter’s five forces analysis
4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of consumers
4.5.3. Threat of substitutes
4.5.4. Threat of new entrants
4.5.5. Competitive rivalry intensity
4.6. PESTLE analysis
4.6.1. Political
4.6.2. Economical
4.6.3. Social
4.6.4. Technological
4.6.5. Environmental
4.7. Impact of COVID-19 on Speech & Voice Recognition Market
4.7.1. Pre-covid market scenario
4.7.2. Post-covid market scenario
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5. Speech & Voice Recognition Market, By Component
5.1. Overview
5.2 On Cloud
5.2.1 Definition, key trends, growth factors, and opportunities
5.2.2 Market size analysis, by region, 2020-2027
5.2.3 Market share analysis, by country, 2020-2027
5.3 On-premises/Embedded
5.3.1 Definition, key trends, growth factors, and opportunities
5.3.2 Market size analysis, by region, 2020-2027
5.3.3 Market share analysis, by country, 2020-2027
5.4 Research Dive Exclusive Insights
5.4.1 Market attractiveness
5.4.2 Competition heatmap
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6. Speech & Voice Recognition Market, By Spectral Range
6.1. Overview
6.2 Automotive
6.2.1 Definition, key trends, growth factors, and opportunities
6.2.2 Market size analysis, by region, 2020-2027
6.2.3 Market share analysis, by country, 2020-2027
6.3 Enterprise
6.3.1 Definition, key trends, growth factors, and opportunities
6.3.2 Market size analysis, by region, 2020-2027
6.3.3 Market share analysis, by country, 2020-2027
6.4 Consumer
6.4.1 Definition, key trends, growth factors, and opportunities
6.4.2 Market size analysis, by region, 2020-2027
6.4.3 Market share analysis, by country, 2020-2027
6.5 Banking, Financial services, & Insurance
6.5.1 Definition, key trends, growth factors, and opportunities
6.5.2 Market size analysis, by region, 2020-2027
6.5.3 Market share analysis, by country, 2020-2027
6.6 Government
6.6.1 Definition, key trends, growth factors, and opportunities
6.6.2 Market size analysis, by region, 2020-2027
6.6.3 Market share analysis, by country, 2020-2027
6.7 Retail
6.7.1 Definition, key trends, growth factors, and opportunities
6.7.2 Market size analysis, by region, 2020-2027
6.7.3 Market share analysis, by country, 2020-2027
6.8 Healthcare
6.8.1 Definition, key trends, growth factors, and opportunities
6.8.2 Market size analysis, by region, 2020-2027
6.8.3 Market share analysis, by country, 2020-2027
6.9 Military
6.9.1 Definition, key trends, growth factors, and opportunities
6.9.2 Market size analysis, by region, 2020-2027
6.9.3 Market share analysis, by country, 2020-2027
6.10 Legal
6.10.1 Definition, key trends, growth factors, and opportunities
6.10.2 Market size analysis, by region, 2020-2027
6.10.3 Market share analysis, by country, 2020-2027
6.11 Education
6.11.1 Definition, key trends, growth factors, and opportunities
6.11.2 Market size analysis, by region, 2020-2027
6.11.3 Market share analysis, by country, 2020-2027
6.12 Others
6.12.1 Definition, key trends, growth factors, and opportunities
6.12.2 Market size analysis, by region, 2020-2027
6.12.3 Market share analysis, by country, 2020-2027
6.13 Research Dive Exclusive Insights
6.13.1 Market attractiveness
6.13.2 Competition heatmap
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7. Speech & Voice Recognition Market, By Process
7.1. Overview
7.2 Voice Recognition
7.2.1 Definition, key trends, growth factors, and opportunities
7.2.2 Market size analysis, by region, 2020-2027
7.2.3 Market share analysis, by country, 2020-2027
7.3 Speech Recognition
7.3.1 Definition, key trends, growth factors, and opportunities
7.3.2 Market size analysis, by region, 2020-2027
7.3.3 Market share analysis, by country, 2020-2027
7.4 Research Dive Exclusive Insights
7.4.1 Market attractiveness
7.4.2 Competition heatmap
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8. Speech & Voice Recognition Market, By Distribution Channel
8.1. Overview
8.2 Artificial Intelligence Based
8.2.1 Definition, key trends, growth factors, and opportunities
8.2.2 Market size analysis, by region, 2020-2027
8.2.3 Market share analysis, by country, 2020-2027
8.3 Non-artificial Intelligence Based
8.3.1 Definition, key trends, growth factors, and opportunities
8.3.2 Market size analysis, by region, 2020-2027
8.3.3 Market share analysis, by country, 2020-2027
8.4 Research Dive Exclusive Insights
8.4.1 Market attractiveness
8.4.2 Competition heatmap
9. Speech & Voice Recognition Market, By Region
9.1 North America
9.1.1 U.S
9.1.1.1 Market size analysis, By Component, 2020-2027
9.1.1.2 Market size analysis, By Spectral Range, 2020-2027
9.1.1.3 Market size analysis, By Process, 2020-2027
9.1.1.4 Market size analysis, By Distribution Channel, 2020-2027
9.1.2 Canada
9.1.2.1 Market size analysis, By Component, 2020-2027
9.1.2.2 Market size analysis, By Spectral Range, 2020-2027
9.1.2.3 Market size analysis, By Process, 2020-2027
9.1.2.4 Market size analysis, By Distribution Channel, 2020-2027
9.1.3 Mexico
9.1.3.1 Market size analysis, By Component, 2020-2027
9.1.3.2 Market size analysis, By Spectral Range, 2020-2027
9.1.3.3 Market size analysis, By Process, 2020-2027
9.1.3.4 Market size analysis, By Distribution Channel, 2020-2027
9.1.4 Research Dive Exclusive Insights
9.1.4.1 Market attractiveness
9.1.4.2 Competition heatmap
9.2 Europe
9.2.1 Germany
9.2.1.1 Market size analysis, By Component, 2020-2027
9.2.1.2 Market size analysis, By Spectral Range, 2020-2027
9.2.1.3 Market size analysis, By Process, 2020-2027
9.2.1.4 Market size analysis, By Distribution Channel, 2020-2027
9.2.2 UK
9.2.2.1 Market size analysis, By Component, 2020-2027
9.2.2.2 Market size analysis, By Spectral Range, 2020-2027
9.2.2.3 Market size analysis, By Process, 2020-2027
9.2.2.4 Market size analysis, By Distribution Channel, 2020-2027
9.2.3 France
9.2.3.1 Market size analysis, By Component, 2020-2027
9.2.3.2 Market size analysis, By Spectral Range, 2020-2027
9.2.3.3 Market size analysis, By Process, 2020-2027
9.2.3.4 Market size analysis, By Distribution Channel, 2020-2027
9.2.4 Spain
9.2.4.1 Market size analysis, By Component, 2020-2027
9.2.4.2 Market size analysis, By Spectral Range, 2020-2027
9.2.4.3 Market size analysis, By Process, 2020-2027
9.2.4.4 Market size analysis, By Distribution Channel, 2020-2027
9.2.5 Italy
9.2.5.1 Market size analysis, By Component, 2020-2027
9.2.5.2 Market size analysis, By Spectral Range, 2020-2027
9.2.5.3 Market size analysis, By Process, 2020-2027
9.2.5.4 Market size analysis, By Distribution Channel, 2020-2027
9.2.6 Rest of Europe
9.2.6.1 Market size analysis, By Component, 2020-2027
9.2.6.2 Market size analysis, By Spectral Range, 2020-2027
9.2.6.3 Market size analysis, By Process, 2020-2027
9.2.6.4 Market size analysis, By Distribution Channel, 2020-2027
9.2.7 Research Dive Exclusive Insights
9.2.7.1 Market attractiveness
9.2.7.2 Competition heatmap
9.3 Asia-Pacific
9.3.1 China
9.3.1.1 Market size analysis, By Component, 2020-2027
9.3.1.2 Market size analysis, By Spectral Range, 2020-2027
9.3.1.3 Market size analysis, By Process, 2020-2027
9.3.1.4 Market size analysis, By Distribution Channel, 2020-2027
9.3.2 Japan
9.3.2.1 Market size analysis, By Component, 2020-2027
9.3.2.2 Market size analysis, By Spectral Range, 2020-2027
9.3.2.3 Market size analysis, By Process, 2020-2027
9.3.2.4 Market size analysis, By Distribution Channel, 2020-2027
9.3.3 India
9.3.3.1 Market size analysis, By Component, 2020-2027
9.3.3.2 Market size analysis, By Spectral Range, 2020-2027
9.3.3.3 Market size analysis, By Process, 2020-2027
9.3.3.4 Market size analysis, By Distribution Channel, 2020-2027
9.3.4 Australia
9.3.4.1 Market size analysis, By Component, 2020-2027
9.3.4.2 Market size analysis, By Spectral Range, 2020-2027
9.3.4.3 Market size analysis, By Process, 2020-2027
9.3.4.4 Market size analysis, By Distribution Channel, 2020-2027
9.3.5 South Korea
9.3.5.1 Market size analysis, By Component, 2020-2027
9.3.5.2 Market size analysis, By Spectral Range, 2020-2027
9.3.5.3 Market size analysis, By Process, 2020-2027
9.3.5.4 Market size analysis, By Distribution Channel, 2020-2027
9.3.6 Rest of Asia-Pacific
9.3.6.1 Market size analysis, By Component, 2020-2027
9.3.6.2 Market size analysis, By Spectral Range, 2020-2027
9.3.6.3 Market size analysis, By Process, 2020-2027
9.3.6.4 Market size analysis, By Distribution Channel, 2020-2027
9.3.7 Research Dive Exclusive Insights
9.3.7.1 Market attractiveness
9.3.7.2 Competition heatmap
9.4 LAMEA
9.4.1 Brazil
9.4.1.1 Market size analysis, By Component, 2020-2027
9.4.1.2 Market size analysis, By Spectral Range, 2020-2027
9.4.1.3 Market size analysis, By Process, 2020-2027
9.4.1.4 Market size analysis, By Distribution Channel, 2020-2027
9.4.2 Saudi Arabia
9.4.2.1 Market size analysis, By Component, 2020-2027
9.4.2.2 Market size analysis, By Spectral Range, 2020-2027
9.4.2.3 Market size analysis, By Process, 2020-2027
9.4.2.4 Market size analysis, By Distribution Channel, 2020-2027
9.4.3 UAE
9.4.3.1 Market size analysis, By Component, 2020-2027
9.4.3.2 Market size analysis, By Spectral Range, 2020-2027
9.4.3.3 Market size analysis, By Process, 2020-2027
9.4.3.4 Market size analysis, By Distribution Channel, 2020-2027
9.4.4 South Africa
9.4.4.1 Market size analysis, By Component, 2020-2027
9.4.4.2 Market size analysis, By Spectral Range, 2020-2027
9.4.4.3 Market size analysis, By Process, 2020-2027
9.4.4.4 Market size analysis, By Distribution Channel, 2020-2027
9.4.5 Rest of LAMEA
9.4.5.1 Market size analysis, By Component, 2020-2027
9.4.5.2 Market size analysis, By Spectral Range, 2020-2027
9.4.5.3 Market size analysis, By Process, 2020-2027
9.4.5.4 Market size analysis, By Distribution Channel, 2020-2027
9.4.6 Research Dive Exclusive Insights
9.4.6.1 Market attractiveness
9.4.6.2 Competition heatmap
10. Competitive Landscape
10.1 Top winning strategies, 2020-2027
10.1.1 By strategy
10.1.2 By year
10.2 Strategic overview
10.3 Market share analysis, 2020-2027
11. Company Profiles
11.1 Nuance Communication
11.1.1 Overview
11.1.2 Business segments
11.1.3 Product portfolio
11.1.4 Financial performance
11.1.5 Recent developments
11.1.6 SWOT analysis
11.2 Microsoft
11.2.1 Overview
11.2.2 Business segments
11.2.3 Product portfolio
11.2.4 Financial performance
11.2.5 Recent developments
11.2.6 SWOT analysis
11.3 Alphabet
11.3.1 Overview
11.3.2 Business segments
11.3.3 Product portfolio
11.3.4 Financial performance
11.3.5 Recent developments
11.3.6 SWOT analysis
11.4 IBM
11.4.1 Overview
11.4.2 Business segments
11.4.3 Product portfolio
11.4.4 Financial performance
11.4.5 Recent developments
11.4.6 SWOT analysis
11.5 Sensory
11.5.1 Overview
11.5.2 Business segments
11.5.3 Product portfolio
11.5.4 Financial performance
11.5.5 Recent developments
11.5.6 SWOT analysis
11.6 Cantab Research
11.6.1 Overview
11.6.2 Business segments
11.6.3 Product portfolio
11.6.4 Financial performance
11.6.5 Recent developments
11.6.6 SWOT analysis
11.7 Amazon
11.7.1 Overview
11.7.2 Business segments
11.7.3 Product portfolio
11.7.4 Financial performance
11.7.5 Recent developments
11.7.6 SWOT analysis
11.8 Baidu
11.8.1 Overview
11.8.2 Business segments
11.8.3 Product portfolio
11.8.4 Financial performance
11.8.5 Recent developments
11.8.6 SWOT analysis
11.9 Iflytek
11.9.1 Overview
11.9.2 Business segments
11.9.3 Product portfolio
11.9.4 Financial performance
11.9.5 Recent developments
11.9.6 SWOT analysis
11.10 Raytheon BBN Technologies
11.10.1 Overview
11.10.2 Business segments
11.10.3 Product portfolio
11.10.4 Financial performance
11.10.5 Recent developments
11.10.6 SWOT analysis
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