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Automatic Voice & Speech Recognition Software Market by Type (Artificial Intelligence Based, Non-Artificial Intelligence Based), Technology (Speech Recognition, Voice Recognition), Industry, Deployment - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 195 Pages
SKU # IRE18418700

Description

Automatic Voice & Speech Recognition Software Market by Type (Artificial Intelligence Based, Non-Artificial Intelligence Based), Technology (Speech Recognition, Voice Recognition), Industry, Deployment - Global Forecast 2024-2030


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.

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?


    Note: PDF & Excel + Online Access - 1 Year

    • Table of Contents

    195 Pages
    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
    FIGURE 1. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET RESEARCH PROCESS
    FIGURE 2. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, 2023 VS 2030
    FIGURE 3. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET DYNAMICS
    FIGURE 7. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
    FIGURE 8. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
    FIGURE 10. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
    FIGURE 12. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
    FIGURE 14. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. AMERICAS AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 16. AMERICAS AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. UNITED STATES AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 18. UNITED STATES AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. ASIA-PACIFIC AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. ASIA-PACIFIC AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. EUROPE, MIDDLE EAST & AFRICA AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. EUROPE, MIDDLE EAST & AFRICA AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 24. AUTOMATIC VOICE & SPEECH RECOGNITION SOFTWARE MARKET SHARE, BY KEY PLAYER, 2023

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