Global Speech and Voice Analytic Technology Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Speech and Voice Analytic Technology market size was valued at US$ 1554 million in 2024 and is forecast to a readjusted size of USD 2106 million by 2031 with a CAGR of 4.5% during review period.
Speech Analytics Technology typically analyses business-to-consumer (B2C) communications in real-time by combining powerful NLP technology with machine learning and artificial intelligence.
The global Speech and Voice Analytic Technology Market refers to the market for technology and solutions that analyze and interpret spoken language and voice data. This technology utilizes various techniques, including natural language processing (NLP) and machine learning algorithms, to extract meaningful insights from speech data.
The Speech and Voice Analytic Technology Market has been experiencing significant growth in recent years. This can be attributed to the increasing adoption of voice-based applications and the growing demand for effective communication and interaction tools across various industries.
One of the primary drivers of this market is the rising need for voice analytics solutions in customer service and support. Companies are increasingly using speech and voice analytics tools to analyze customer interactions and improve customer experience. This technology helps companies identify customer sentiment, analyze call center interactions, and extract valuable insights to enhance their services and products.
Moreover, the integration of speech and voice analytics with advanced technologies such as artificial intelligence (AI) and cloud computing has further fueled market growth. AI-powered speech analytics solutions have the capability to understand spoken language in real-time and provide advanced insights for applications like voice assistants, voice-controlled smart devices, and voice biometrics.
The market is also witnessing growth due to the increasing prevalence of fraud in various industries, including banking, insurance, and e-commerce. Speech and voice analytics technology can be utilized to detect fraudulent activities by analyzing voice patterns and identifying suspicious behavior.
However, this market is not without its challenges. Privacy and security concerns surrounding the collection and analysis of voice data may hinder market growth. Additionally, language barriers and the need for accurate speech recognition in diverse languages pose challenges for global adoption.
Overall, the global Speech and Voice Analytic Technology Market is expected to continue its growth trajectory as organizations recognize the value of voice data and invest in advanced analytics solutions to gain insights and improve their operations.
This report is a detailed and comprehensive analysis for global Speech and Voice Analytic Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Speech and Voice Analytic Technology market size and forecasts, in consumption value ($ Million), 2020-2031
Global Speech and Voice Analytic Technology market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Speech and Voice Analytic Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Speech and Voice Analytic Technology market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Speech and Voice Analytic Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Speech and Voice Analytic Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Google, Amazon Web Services (AWS), Avaya Inc., Verint System Inc., CallMiner, Nexidia, Nice Systems, Calabrio, Genesys Telecommunications, Micro Focus International PLC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Speech and Voice Analytic Technology market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Speech Engine
Indexing and Query Tools
Reporting and Visualization Tools
Quality Management
Root Cause Analysis
Others
Market segment by Application
BFSI
IT and Telecom
Media and Entertainment
Healthcare and Life Sciences
Retail and E-Commerce
Travel Industry
Government and Defense
Others
Market segment by players, this report covers
Google
Amazon Web Services (AWS)
Avaya Inc.
Verint System Inc.
CallMiner
Nexidia
Nice Systems
Calabrio
Genesys Telecommunications
Micro Focus International PLC
Nuance Communications
OpenText Corporation
VoiceBase
Voci Technologies
Uniphore
Speechmatics
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Speech and Voice Analytic Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Speech and Voice Analytic Technology, with revenue, gross margin, and global market share of Speech and Voice Analytic Technology from 2020 to 2025.
Chapter 3, the Speech and Voice Analytic Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Speech and Voice Analytic Technology market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Speech and Voice Analytic Technology.
Chapter 13, to describe Speech and Voice Analytic Technology research findings and conclusion.
Speech Analytics Technology typically analyses business-to-consumer (B2C) communications in real-time by combining powerful NLP technology with machine learning and artificial intelligence.
The global Speech and Voice Analytic Technology Market refers to the market for technology and solutions that analyze and interpret spoken language and voice data. This technology utilizes various techniques, including natural language processing (NLP) and machine learning algorithms, to extract meaningful insights from speech data.
The Speech and Voice Analytic Technology Market has been experiencing significant growth in recent years. This can be attributed to the increasing adoption of voice-based applications and the growing demand for effective communication and interaction tools across various industries.
One of the primary drivers of this market is the rising need for voice analytics solutions in customer service and support. Companies are increasingly using speech and voice analytics tools to analyze customer interactions and improve customer experience. This technology helps companies identify customer sentiment, analyze call center interactions, and extract valuable insights to enhance their services and products.
Moreover, the integration of speech and voice analytics with advanced technologies such as artificial intelligence (AI) and cloud computing has further fueled market growth. AI-powered speech analytics solutions have the capability to understand spoken language in real-time and provide advanced insights for applications like voice assistants, voice-controlled smart devices, and voice biometrics.
The market is also witnessing growth due to the increasing prevalence of fraud in various industries, including banking, insurance, and e-commerce. Speech and voice analytics technology can be utilized to detect fraudulent activities by analyzing voice patterns and identifying suspicious behavior.
However, this market is not without its challenges. Privacy and security concerns surrounding the collection and analysis of voice data may hinder market growth. Additionally, language barriers and the need for accurate speech recognition in diverse languages pose challenges for global adoption.
Overall, the global Speech and Voice Analytic Technology Market is expected to continue its growth trajectory as organizations recognize the value of voice data and invest in advanced analytics solutions to gain insights and improve their operations.
This report is a detailed and comprehensive analysis for global Speech and Voice Analytic Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Speech and Voice Analytic Technology market size and forecasts, in consumption value ($ Million), 2020-2031
Global Speech and Voice Analytic Technology market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Speech and Voice Analytic Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Speech and Voice Analytic Technology market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Speech and Voice Analytic Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Speech and Voice Analytic Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Google, Amazon Web Services (AWS), Avaya Inc., Verint System Inc., CallMiner, Nexidia, Nice Systems, Calabrio, Genesys Telecommunications, Micro Focus International PLC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Speech and Voice Analytic Technology market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Speech Engine
Indexing and Query Tools
Reporting and Visualization Tools
Quality Management
Root Cause Analysis
Others
Market segment by Application
BFSI
IT and Telecom
Media and Entertainment
Healthcare and Life Sciences
Retail and E-Commerce
Travel Industry
Government and Defense
Others
Market segment by players, this report covers
Amazon Web Services (AWS)
Avaya Inc.
Verint System Inc.
CallMiner
Nexidia
Nice Systems
Calabrio
Genesys Telecommunications
Micro Focus International PLC
Nuance Communications
OpenText Corporation
VoiceBase
Voci Technologies
Uniphore
Speechmatics
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Speech and Voice Analytic Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Speech and Voice Analytic Technology, with revenue, gross margin, and global market share of Speech and Voice Analytic Technology from 2020 to 2025.
Chapter 3, the Speech and Voice Analytic Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Speech and Voice Analytic Technology market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Speech and Voice Analytic Technology.
Chapter 13, to describe Speech and Voice Analytic Technology research findings and conclusion.
Table of Contents
136 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
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