Report Overview
Report Summary
Summary
A speech recognition software identifies words spoken by an individual or speaker into a microphone, converts them into a computer-readable format, and responds automatically. These software applications recognize speech in multiple languages.
In terms of geography, the Americas dominated this market and is envisaged to grow at a CAGR of over 13% until the end of the forecast period. Factors like the increasing acceptance of speech recognition solutions in the healthcare and banking, financial services, and insurance sectors for time and attendance monitoring and access to organizations’ PCs, networks, and servers will result in the high growth of this market in the Americas.
In 2020, the global Speech Recognition Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% between 2021 and 2027.
This report studies the Speech Recognition Software market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2021-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
IBM
Microsoft
Nuance Communications
AT&T
Raytheon BBN Technologies
Sensory
Dolby Systems
LumenVox
OnMobile Global
Voxeo
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Isolated Word Recognition
Keyword Spotting
Continuous Speech Recognition
Market segment by Application, the market can be split into
Healthcare
Military
Automotive
Retail
Government
Education
BFSI
Other
The study objectives of this report are:
To study and forecast the market size of Speech Recognition Software in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Speech Recognition Software are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Speech Recognition Software market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table Of Contents
Table of Contents
Speech Recognition Software Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Speech Recognition Software
1.1 Speech Recognition Software Market Overview
1.1.1 Speech Recognition Software Product Scope
1.1.2 Market Status and Outlook
1.2 Global Speech Recognition Software Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Speech Recognition Software Market by Type
1.3.1 Isolated Word Recognition
1.3.2 Keyword Spotting
1.3.3 Continuous Speech Recognition
1.4 Speech Recognition Software Market by End Users/Application
1.4.1 Healthcare
1.4.2 Military
1.4.3 Automotive
1.4.4 Retail
1.4.5 Government
1.4.6 Education
1.4.7 BFSI
1.4.8 Other
2 Global Speech Recognition Software Competition Analysis by Players
2.1 Speech Recognition Software Market Size (Value) by Players (2019 and 2020)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 IBM
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 Microsoft
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 Nuance Communications
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 AT&T
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Raytheon BBN Technologies
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 Sensory
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 Dolby Systems
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 LumenVox
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 OnMobile Global
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.9.5 Recent Developments
3.10 Voxeo
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Speech Recognition Software Revenue (Value) (2017-2020)
3.10.5 Recent Developments
4 Global Speech Recognition Software Market Size by Type and Application (2017-2020)
4.1 Global Speech Recognition Software Market Size by Type (2017-2020)
4.2 Global Speech Recognition Software Market Size by Application (2017-2020)
4.3 Potential Application of Speech Recognition Software in Future
4.4 Top Consumer/End Users of Speech Recognition Software
5 North America Speech Recognition Software Development Status and Outlook
5.1 North America Speech Recognition Software Market Size (2017-2020)
5.2 North America Speech Recognition Software Market Size and Market Share by Players (2019 and 2020)
6 Europe Speech Recognition Software Development Status and Outlook
6.1 Europe Speech Recognition Software Market Size (2017-2020)
6.2 Europe Speech Recognition Software Market Size and Market Share by Players (2019 and 2020)
7 China Speech Recognition Software Development Status and Outlook
7.1 China Speech Recognition Software Market Size (2017-2020)
7.2 China Speech Recognition Software Market Size and Market Share by Players (2019 and 2020)
8 Rest of Asia Pacific Speech Recognition Software Development Status and Outlook
8.1 Rest of Asia Pacific Speech Recognition Software Market Size (2017-2020)
8.2 Rest of Asia Pacific Speech Recognition Software Market Size and Market Share by Players (2019 and 2020)
9 Central & South America Speech Recognition Software Development Status and Outlook
9.1 Central & South America Speech Recognition Software Market Size (2017-2020)
9.2 Central & South America Speech Recognition Software Market Size and Market Share by Players (2019 and 2020)
10 Middle East & Africa Speech Recognition Software Development Status and Outlook
10.1 Middle East & Africa Speech Recognition Software Market Size (2017-2020)
10.2 Middle East & Africa Speech Recognition Software Market Size and Market Share by Players (2019 and 2020)
11 Market Forecast by Regions, Type and Application (2021-2027)
11.1 Global Speech Recognition Software Market Size (Value) by Regions (2021-2027)
11.1.1 North America Speech Recognition Software Revenue and Growth Rate (2021-2027)
11.1.2 Europe Speech Recognition Software Revenue and Growth Rate (2021-2027)
11.1.3 China Speech Recognition Software Revenue and Growth Rate (2021-2027)
11.1.4 Rest of Asia Pacific Speech Recognition Software Revenue and Growth Rate (2021-2027)
11.1.5 Central & South America Speech Recognition Software Revenue and Growth Rate (2021-2027)
11.1.6 Middle East & Africa Speech Recognition Software Revenue and Growth Rate (2021-2027)
11.2 Global Speech Recognition Software Market Size (Value) by Type (2021-2027)
11.3 Global Speech Recognition Software Market Size by Application (2021-2027)
12 Speech Recognition Software Market Dynamics
12.1 Speech Recognition Software Market Opportunities
12.2 Speech Recognition Software Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Speech Recognition Software Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Speech Recognition Software Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source