Market Research Logo

Europe Speech and Voice Recognition Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025

Europe Speech and Voice Recognition Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025

The Europe speech and voice recognition is expected to reach USD 1,665.08 Million by 2025 from USD 286.89 Million in 2017, at a CAGR of 24.7% in the forecast period 2018 to 2025.

The major factors driving the growth of this market are the effective integration due to increased demand for voice and speech-based biometric systems, increasing demand for voice authentication in mobile applications and use of artificial intelligence (AI) on the accuracy of speech and voice recognition. The speech and voice recognition market in the Europe region is leading in Germany.

The key market players for Europe speech and voice recognition Market are listed below:
• Microsoft
• Nuance Communications, Inc.
• IFLYTEK CO. LTD.

The market is further segmented into:
• Technology
• Product Type
• Deployment
• Industry Type
• Geography


The Europe market is segmented on the basis of technology, product type, deployment, industry and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
The Europe speech and voice recognition market is segmented based on technology into two notable segments; artificial intelligence based software and traditional software. The Speech and voice recognition market is dominated by artificial intelligence based software with 69.5% market share in 2017 and is expected to grow at the highest CAGR of 27.2% in the forecast period.
The Europe speech and voice recognition market is segmented based on technology into two notable segments system; speech recognition software and voice recognition software. Speech recognition software is sub segmented on the basis of product type and usage. On the basis of product type, speech recognition software is sub segmented into text to speech and speech to text. Speech to text is further sub segmented into binary and multilingual. On the basis of usage, speech recognition software is sub segmented into back end, front end and end to end. Voice recognition software is sub segmented into voice verification software and voice identification software. The speech and voice recognition market is dominated by speech recognition software with 84.0% market share in 2017 and is expected to grow at the highest CAGR of 26.0% in the forecast period.
The Europe speech and voice recognition market is segmented based on deployment into two notable segments; artificial intelligence based cloud based and on premise.
The Europe speech and voice recognition market is segmented based on industry into eight notable segments system; entertainment and mobile apps, banking, healthcare, automobiles, analytics, security, education and academics and others.

Based on geography, the Europe speech and voice recognition market is segmented into geographical regions, such as,
• Germany
• France
• U.K.
• Italy
• Spain
• Belgium
• Netherlands
• Russia
• Turkey
• Switzerland
• Rest of Europe


Covered in this report
The report covers the present scenario and the growth prospects of the Europe speech and voice recognition market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


1. Introduction
1.1. Objectives Of The Study
1.2. Market Definition
1.3. Overview Of Europe Speech And Voice Recognition Market
1.4. Currency And Pricing
1.5. Limitation
1.6. Markets Covered
2. Market Segmentation
2.1. Markets Covered
2.2. Geographic Scope
2.3. Years Considered For The Study
2.4. Currency And Pricing
2.5. Research Methodology
2.6. Primary Interviews With Key Opinion Leaders
2.7. Secondary Sources
2.8. Assumptions
3. Market Overview
3.1. Drivers
3.1.1. Increased Demand For Voice And Speech-Based Biometric Systems
3.1.2. Increasing Demand For Voice Authentication In Mobile Applications
3.1.3. Use Artificial Intelligence (Ai) On The Accuracy Of Speech And Voice Recognition
3.2. Restraints
3.2.1. Disadvantages Related To Speech And Voice Recognition Systems
3.3. Opportunity
3.3.1. Development Of Speech And Voice Recognition Software For Multi-Linguistics And Local Languages
3.3.2. Speech And Voice Recognition Technology Used In Autonomous Cars
3.3.3. Use Of Speech And Voice Recognition In Service Robotics
3.3.4. Use Of Speech And Voice Recognition Technology In The Education Of Temporarily And Permanently Disabled Students
3.4. Challenges
3.4.1. Limitations In Speech And Voice Based Techologies
3.4.2. Incompetence To Suppress Ambient Noise By Speech And Voice Technologies
4. Executive Summary
5. Premium Insights
6. Europe Speech And Voice Recognition Market, By Technology
6.1. Overview
6.2. Artificial Intelligence Based Sotware
6.3. Traditional Software
7. Europe Speech And Voice Recognition Market, By Product Type
7.1. Overview
7.2. Speech Recognition Software
7.2.1. Speech-To-Text
7.2.1.1. Binary
7.2.1.2. Multilingual
7.2.2. Text-To-Speech
7.3. Speech Recognition Software, By Usage
7.3.1. Front End
7.3.2. Back End
7.3.3. End-To-End
7.4. Voice Recognition Software
7.5. Voice Verification Software
7.6. Voice Identification Software
8. Europe Speech And Voice Recognition Market, By Deployment
8.1. Overview
8.2. Cloud
8.3. On-Premise
9. Europe Speech And Voice Recognition Market, By Industry
9.1. Overview
9.2. Automobiles
9.3. Security
9.4. Education & Academics
9.5. Healthcare
9.6. Banking
9.7. Analytics
9.8. Entertainment And Mobile Apps
9.9. Others
10. Europe Speech And Voice Recognition Market, By Geography
10.1. Overview
10.2. Europe
10.2.1. Germany
10.2.2. France
10.2.3. U.K.
10.2.4. Netherlands
10.2.5. Belgium
10.2.6. Italy
10.2.7. Spain
10.2.8. Switzerland
10.2.9. Turkey
10.2.10. Russia
10.2.11. Rest Of Europe
11. Europe Speech And Voice Recognition Market,
Company Landscape
11.1. Company Share Analysis: Europe
12. Company Profiles
12.1. Nuance Communications, Inc.
12.1.1. Company Overview
12.1.2. Nuance Communications, Inc.: Revenue Analysis
12.1.3. Product Portfolio
12.1.4. Recent Developments
12.2. Sensory Inc.
12.2.1. Company Overview
12.2.2. Sensory, Inc.: Company Snapshot
12.2.3. Product Portfolio
12.2.4. Recent Developments
12.3. Cantab Research Limited
12.3.1. Company Overview
12.3.2. Cantab Research Limited: Company Snapshot
12.3.3. Product Portfolio
12.3.4. Recent Developments
12.4. Hoya Corporation
12.4.1. Company Overview
12.4.2. Hoya Corporation: Revenue Analysis
12.4.3. Product Portfolio
12.4.4. Recent Developments
12.5. Pareteum
12.5.1. Company Overview
12.5.2. Pareteum: Company Snapshot
12.5.3. Product Portfolio
12.5.4. Recent Developments
12.6. Iflytek Co. Ltd.
12.6.1. Company Overview
12.6.2. Iflytek Co. Ltd.: Company Snapshot
12.6.3. Product Portfolio
12.6.4. Recent Developments
12.7. Voicevault Inc.
12.7.1. Company Overview
12.7.2. Voicevault Inc. : Company Snapshot
12.7.3. Product Portfolio
12.7.4. Recent Developments
12.8. Voicebox Technologies Corporation
12.8.1. Company Overview
12.8.2. Voice Box Technologies Corporation : Company Snapshot
12.8.3. Product Portfolio
12.8.4. Recent Developments
12.9. Lumenvox, Llc.
12.9.1. Company Overview
12.9.2. Lumen Vox, Llc: Company Snapshot
12.9.3. Product Portfolio
12.9.4. Recent Developments
12.10. Acapela Group Sa
12.10.1. Company Overview
12.10.2. Acapela Group Sa : Company Snapshot
12.10.3. Product Portfolio
12.10.4. Recent Developments
12.11. Vocalzoom
12.11.1. Company Overview
12.11.2. Vocalzoom : Company Snapshot
12.11.3. Product Portfolio
12.11.4. Recent Developments
12.12. Biotrust
12.12.1. Company Overview
12.12.2. Biotrust : Company Snapshot
12.12.3. Product Portfolio
12.12.4. Recent Developments
12.13. Uniphore
12.13.1. Company Overview
12.13.2. Uniphore : Company Snapshot
12.13.3. Product Portfolio
12.13.4. Recent Developments
12.14. Raytheon Company
12.14.1. Company Overview
12.14.2. Raytheon Company : Company Snapshot
12.14.3. Product Portfolio
12.14.4. Recent Developments
12.15. Advanced Voice Recognition Systems, Inc.
12.15.1. Company Overview
12.15.2. Advanced Voice Recognition Systems, Inc: Revenue Analysis
12.15.3. Product Portfolio
12.15.4. Recent Developments
12.16. Microsoft
12.16.1. Company Overview
12.16.2. Microsoft: Revenue Analysis
12.16.3. Product Portfolio
12.16.4. Recent Developments
13. Related Reports
Table List
Table 1 Europe Speech And Voice Recognition Market,
By Technology, 2016– 2025 (Usd Million)
Table 2 Europe Artificial Intelligence Based Software Market,
By Region, 2016-2025 (Usd Million)
Table 3 Europe Traditional Software Market, By Region,
2016-2025 (Usd Million)
Table 4 Europe Speech And Voice Recognition Market,
By Product Type, 2016– 2025 (Usd Million)
Table 5 Europe Speech Recognition Software Market,
By Product Type, 2016– 2025 (Usd Million)
Table 6 Europe Speech To Text Market, By Type, 2016– 2025 (Usd Million)
Table 7 Europe Speech Recognition Software Market,
By Usage, 2016– 2025 (Usd Million)
Table 8 Europe Voice Recognition Software Market,
By Type, 2016-2025 (Usd Million)
Table 9 Europe Speech Recognition Market, By Region,
2016– 2025 (Usd Million)
Table 10 Europe Voice Recognition Software Market,
By Region, 2016-2025 (Usd Million)
Table 11 Europe Speech And Voice Recognition Market,
By Deployment, 2016– 2025 (Usd Million)
Table 12 Europe Cloud Market, By Region, 2016-2025 (Usd Million)
Table 13 Europe On Premise Market, By Region, 2016-2025 (Usd Million)
Table 14 Europe Speech And Voice Recognition Market,
By Industry, 2016– 2025 (Usd Million)
Table 15 Europe Automobiles Market, By Region, 2016-2025 (Usd Million)
Table 16 Europe Security Market, By Region, 2016-2025 (Usd Million)
Table 17 Europe Education & Academics Market,
By Region, 2016-2025 (Usd Million)
Table 18 Europe Healthcare Market, By Region, 2016-2025 (Usd Million)
Table 19 Europe Banking Market, By Region, 2016-2025 (Usd Million)
Table 20 Europe Analytics Market, By Region, 2016-2025 (Usd Million)
Table 21 Europe Entertainment And Mobile Apps Market,
By Region, 2016-2025 (Usd Million)
Table 22 Europe Others Market, By Region, 2016-2025 (Usd Million)
Table 23 Europe Speech And Voice Recognition, By Geography,
2016 – 2025 (Usd Million)
Table 24 Europe Speech And Voice Recognition Market,
By Country, 2016 – 2025 (Million)
Table 25 Europe Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 26 Europe Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 27 Europe Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 28 Europe Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 29 Europe Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 30 Europe Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 31 Europe Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 32 Europe Speech And Voice Recognition Market,
By Industry, 2016 – 2025 (Usd Million)
Table 33 Germany Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 34 Germany Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 35 Germany Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 36 Germany Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 37 Germany Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 38 Germany Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 39 Germany Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 40 Germany Speech And Voice Recognition Market,
By Industry, 2016 – 2025 (Usd Million)
Table 41 France Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 42 France Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 43 France Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 44 France Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 45 France Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 46 France Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 47 France Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 48 France Speech And Voice Recognition Market,
By Industry, 2016 – 2025 (Usd Million)
Table 49 U.K. Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 50 U.K. Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 51 U.K. Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 52 U.K. Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 53 U.K. Speech Recognition Software Market, By Usage,
2016 – 2025 (Usd Million)
Table 54 U.K. Voice Recognition Software Market, By Type,
2016 – 2025 (Usd Million)
Table 55 U.K. Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 56 U.K. Speech And Voice Recognition Market, By Industry,
2016 – 2025 (Usd Million)
Table 57 Netherlands Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 58 Netherlands Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 59 Netherlands Speech Recognition Market, By Product Type, 2016 – 2025 (Usd Million)
Table 60 Netherlands Speech To Text Market, By Type,
2016 – 2025 (Usd Million)
Table 61 Netherlands Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 62 Netherlands Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 63 Netherlands Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 64 Netherlands Speech And Voice Recognition Market,
By Industry, 2016 – 2025 (Usd Million)
Table 65 Belgium Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 66 Belgium Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 67 Belgium Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 68 Belgium Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 69 Belgium Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 70 Belgium Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 71 Belgium Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 72 Belgium Speech And Voice Recognition Market,
By Industry, 2016 – 2025 (Usd Million)
Table 73 Italy Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 74 Italy Speech And Voice Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 75 Italy Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 76 Italy Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 77 Italy Speech Recognition Software Market, By Usage,
2016 – 2025 (Usd Million)
Table 78 Italy Voice Recognition Software Market, By Type,
2016 – 2025 (Usd Million)
Table 79 Italy Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 80 Italy Speech And Voice Recognition Market, By Industry,
2016 – 2025 (Usd Million)
Table 81 Spain Speech And Voice Recognition Market, By Technology,
2016 – 2025 (Usd Million)
Table 82 Spain Speech And Voice Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 83 Spain Speech Recognition Market, By Product Type,
2016 – 2025 (Usd Million)
Table 84 Spain Speech To Text Market, By Type, 2016 – 2025 (Usd Million)
Table 85 Spain Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 86 Spain Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 87 Spain Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 88 Spain Speech And Voice Recognition Market, By Industry,
2016 – 2025 (Usd Million)
Table 89 Switzerland Speech And Voice Recognition Market,
By Technology, 2016 – 2025 (Usd Million)
Table 90 Switzerland Speech And Voice Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 91 Switzerland Speech Recognition Market,
By Product Type, 2016 – 2025 (Usd Million)
Table 92 Switzerland Speech To Text Market, By Type,
2016 – 2025 (Usd Million)
Table 93 Switzerland Speech Recognition Software Market,
By Usage, 2016 – 2025 (Usd Million)
Table 94 Switzerland Voice Recognition Software Market,
By Type, 2016 – 2025 (Usd Million)
Table 95 Switzerland Speech And Voice Recognition Software Market,
By Deployment, 2016 – 2025 (Usd Million)
Table 96 Switzerland Speech And Voice Recognition Market,
By Industry, 2016 – 2025 (Usd Million)
Figures List
Figure 1 Europe Speech And Voice Recognition Market: Segmentation
Figure 2 Europe Speech And Voice Recognition Market: Data Triangulation
Figure 3 Europe Speech And Voice Recognition Market: Research Snapshot
Figure 4 Europe Speech And Voice Recognition: Bottom Up Approach
Figure 5 Europe Speech And Voice Recognition Market: Top Down Approach
Figure 6 Europe Speech And Voice Recognition Market:
Interview Demographics
Figure 7 Drivers, Restraints, Opportunities, And Challenges Of Europe Speech And Voice Recognition Market
Figure 8 Europe Speech And Voice Recognition Market: Segmentation
Figure 9 Europe Speech And Voice Recognition Market: By Technology, 2017
Figure 10 Europe Speech And Voice Recognition Market: By Product Type, 2017
Figure 11 Europe Speech And Voice Recognition Market: By Deployment, 2017
Figure 12 Europe Speech And Voice Recognition Market: By Industry, 2017
Figure 13 Europe Speech And Voice Recognition Market: Snapshot (2017)
Figure 14 Europe Speech And Voice Recognition Market: By Geography (2017)
Figure 15 Europe Speech And Voice Recognition Market:
By Geography (2018 & 2025)
Figure 16 Europe Speech And Voice Recognition By Geography (2017 & 2025)
Figure 17 Europe Speech And Voice Recognition, By Product Type (2018 - 2025)
Figure 18 Europe Speech And Voice Recognition Market Snapshot (2017)
Figure 19 Europe Speech And Voice Recognition Market: By Country (2017)
Figure 20 Europe Speech And Voice Recognition Market:
By Country (2018 & 2025)
Figure 21 Europe Speech And Voice Recognition Market
By Country (2017 & 2025)
Figure 22 Europe Speech And Voice Recognition Market,
By Product Type (2018 - 2025)
Figure 23 Europe Speech And Voice Recognition Market:
Company Share 2017 (%)
Figure 24 Europe Speech And Voice Recognition Market:
Company Share 2017 (%)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report