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Global Voice Recognition Software Market 2018-2022

Global Voice Recognition Software Market 2018-2022

About Voice Recognition Software

Voice recognition or speech recognition software is defined as a software or a program that can identify words or phrases in spoken language and convert them into a machine-readable format for further processing.

Technavio’s analysts forecast the global voice recognition software market to grow at a CAGR of 7.79% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global voice recognition software market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Voice Recognition Software Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alphabet
  • Amazon.com
  • IBM
  • Microsoft
  • Nuance Communications
Market driver
  • Growing penetration of internet and rising number of smartphone users
  • For a full, detailed list, view our report
Market challenge
  • Privacy issues with voice recognition devices
  • For a full, detailed list, view our report
Market trend
  • Rising use of voice recognition systems in vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market - global IT software market
      • Table Global IT software market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global voice recognition software market - Market size and forecast 2017-2022 ($ mn)
      • Table Global voice recognition software market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargainig power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by end-user
    • Global voice recognition software market by enduser
      • Table Global voice recognition software market by end-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Healthcare - Market size and forecast 2017-2022
      • Table Global voice recognition software market by healthcare - Market size and forecast 2017- 2022 ($ mn)
      • Table Global voice recognition software market by healthcare - Year-over-year growth 2018- 2022 (%)
    • Consumer products - Market size and forecast 2017-2022
      • Table Global voice recognition software market by consumer products - Market size and forecast 2017-2022 ($ mn)
      • Table Global voice recognition software market by consumer products - Year-over-year growth 2018-2022 (%)
    • Automotive - Market size and forecast 2017-2022
      • Table Global voice recognition software market by automotive - Market size and forecast 2017-2022 ($ mn)
      • Table Global voice recognition software market by automotive - Year-over-year growth 2018- 2022 (%)
    • Enterprise contact centers - Market size and forecast 2017-2022
      • Table Global voice recognition software market by enterprise contact centers - Market size and forecast 2017-2022 ($ mn)
      • Table Global voice recognition software market by enterprise contact centers - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Global voice recognition software market by others - Market size and forecast 2017- 2022 ($ mn)
      • Table Global voice recognition software market by others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Global voice recognition software market by geography
      • Table Global voice recognition software market- Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Voice recognition software market in Americas - Market size and forecast 2017-2022
      • Table Voice recognition software market in Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Voice recognition software market in Americas - Year-over-year growth 2018-2022 (%)
    • Voice recognition software market in EMEA - Market size and forecast 2017-2022
      • Table Voice recognition software market in EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table Voice recognition software market in EMEA - Year-over-year growth 2018-2022 (%)
    • Voice recognition software market in APAC - Market size and forecast 2017-2022
      • Table Voice recognition software market in APAC - Market size and forecast 2017-2022 ($ mn)
      • Table Voice recognition software market in APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global percentage share of people using Internet 2011-2016
    • Market challenges
      • Table Variation of English in different regions
  • Market trends
    • Growing focus toward R&D of new languages
    • Rising use of voice recognition system in vehicles
    • Increasing popularity of voice-assisted robots
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alphabet
      • Table Alphabet: Overview
      • Table Alphabet - Business segments
      • Table Alphabet - Organizational developments
      • Table Alphabet - Geographic focus
      • Table Alphabet - Segment focus
      • Table Alphabet - Key offerings
    • Amazon.com
      • Table Amazon.com: Overview
      • Table Amazon.com - Business segments
      • Table Amazon.com - Organizational developments
      • Table Amazon.com - Geographic focus
      • Table Amazon.com - Segment focus
      • Table Amazon.com - Key offerings
    • IBM
      • Table IBM: Overview
      • Table IBM - Business segments
      • Table IBM - Organizational developments
      • Table IBM - Geographic focus
      • Table IBM - Segment focus
      • Table IBM - Key offerings
    • Microsoft
      • Table Microsoft: Overview
      • Table Microsoft - Business segments
      • Table Microsoft - Organizational developments
      • Table Microsoft - Geographic focus
      • Table Microsoft - Segment focus
      • Table Microsoft - Key offerings
    • Nuance Communications
      • Table Nuance Communications: Overview
      • Table Nuance Communications - Business segments
      • Table Nuance Communications - Organizational developments
      • Table Nuance Communications - Geographic focus
      • Table Nuance Communications - Segment focus
      • Table Nuance Communications - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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