Global Voice and Speech Recognition Technology Market to Reach US$20.9 Billion by the Year 2026 – Yahoo Finance

Posted: January 17, 2022 at 8:44 am

Abstract: Global Voice and Speech Recognition Technology Market to Reach US$20. 9 Billion by the Year 2026 . Voice and speech recognition technology is emerging as the basis of advanced voice services in various applications including voice-based commerce, customer service applications, clinical documentation for healthcare industry, and virtual digital assistants for automobiles.

New York, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Voice and Speech Recognition Technology Industry" - https://www.reportlinker.com/p04246017/?utm_source=GNW Growth in the global market is being driven by the expanding applications of voice and speech recognition technologies, with customer care, healthcare, and financial institutions emerging as major end-use markets for the technology. Rising demand for speech-based biometric systems for carrying out multifactor authentication is another major factor driving growth in the market. Increasing focus on combating fraud in major end-use verticals including enterprise, banking and healthcare sectors and the growing adoption of mobile banking services by banking institutions and e-commerce retailers are enhancing the need for more secure verification process, thereby driving implementations of voice recognition/authentication technologies. Sustained innovations in computing power and the growing adoption of cloud-based services are also boosting market prospects. Automatic speech recognition (ASR), text-to-speech (TTS) and speaker verification (SV) are few applications driving growth in the speech technology marketplace.

Amid the COVID-19 crisis, the global market for Voice and Speech Recognition Technology estimated at US$7.7 Billion in the year 2020, is projected to reach a revised size of US$20.9 Billion by 2026, growing at a CAGR of 18.1% over the analysis period. Speech, one of the segments analyzed in the report, is projected to grow at a 16.1% CAGR to reach US$15.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Voice segment is readjusted to a revised 22.6% CAGR for the next 7-year period. This segment currently accounts for a 27.8% share of the global Voice and Speech Recognition Technology market. Speech recognition technology has been developed as an approach to allow individuals to interact easily with smartphones and its applications. Growth of the speech recognition market is being driven by the extensive adoption of mobile computing technology and increasing proliferation of smartphones. Voice recognition technology is capable of analyzing speaker`s identity, by studying behavioral patterns of people, such as accent, voice pitch, speaking style, among others. Advancements in machine learning and speech technology, constantly reducing costs, and growth in processing power are all driving growth in the voice recognition market.

The U.S. Market is Estimated at $2.9 Billion in 2021, While China is Forecast to Reach $2.3 Billion by 2026

The Voice and Speech Recognition Technology market in the U.S. is estimated at US$2.9 Billion in the year 2021. The country currently accounts for a 33.2% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$2.3 Billion in the year 2026 trailing a CAGR of 21.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16% and 16.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 17% CAGR while Rest of European market (as defined in the study) will reach US$2.8 Billion by the end of the analysis period. In developed markets, speech technology has become the mainstay in enterprise call centers and telecommunication devices. Further, there is a growing adoption of speech technology in automobiles and in-car systems with both the US-based and European automobile manufacturers exhibiting high level of interest in the technology. Also driving market growth is the increasing adoption of speech recognition solutions in BFSI and healthcare sectors for purposes such as time and attendance monitoring. The increasing awareness about speech and voice recognition technology and the reducing cost of biometric devices are fueling market growth in Asia-Pacific region, especially in countries such as China and India.

Select Competitors (Total 192 Featured)

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[24]7.ai, Inc.

3M Company

Acapela Group

Advanced Voice Recognition Systems, Inc.

Apple, Inc.

Genesta

Genesys Telecommunications Laboratories, Inc.

Google, Inc.

Honeywell International, Inc.

IBM Corporation

LumenVox LLC

Microsoft Corporation

Nuance Communications, Inc.

Open Text Corporation

Sensory, Inc.

Sestek

Voxware, Inc.

Wizzard Speech LLC

Read the full report: https://www.reportlinker.com/p04246017/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW Impact of COVID-19 Pandemic and Looming Global Recession 2020 Marked as a Year of Disruption & Transformation As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021 EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022 Pandemic-Driven Need for Touchless Interactions Spurs Demand for Voice-based Technologies Amidst the Pandemic, Voice & Speech Technologies Hold Promise for Healthcare Sector MIT Researchers Use Speech Recordings to Detect Change in Voice Quality Lincoln Laboratory Conducts Research on Vocal Biomarkers Touchless.ai: A Remarkable Innovation in Touchless Space An Introduction to Voice and Speech Recognition Technology Speech Recognition Technology History of Speech Technology Types of Speech Technology Voice Recognition Technology Voice and Speech Recognition Technology: Enabling Man-to- Machine Communication Global Market Prospects & Outlook Consumer Market to Drive Gains in the Global Market Speech Recognition Leads the Voice and Speech Recognition Technology Market Voice Recognition: Poised to Witness High Growth Developed Markets Lead, Developing Regions to Spearhead Future Growth Factors Restraining Market Growth Competition EXHIBIT 2: Global Speech Recognition Software Market Breakdown of Revenues (in %) by Leading Competitors: 2020 World Brands Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS Proliferation of Multifunctional Mobile Devices & Smart Speakers Drives Market Prospects EXHIBIT 3: Smartphone Penetration Rate as Share of Total Population: 2016-2021 EXHIBIT 4: Global Market for Smartphones (in Billion) for 2016 - 2021 EXHIBIT 5: Global Smart Speakers Market Size (in $ Billion) for the Years 2019, 2021, 2023 and 2025 Growing Potential for Voice & Speech Recognition in Healthcare Sector Medicare Care Networks Embrace Voice Recognition Software Role of Voice Assistants in Healthcare Industry Key Benefits of Voice Technology for Medical Services Major Applications & Use Cases of Speech Recognition Technology for Healthcare Sector An Overview of Major Speech Recognition Applications for Various Healthcare Services and Special Needs Assistance EXHIBIT 6: Number of People with Disabling Hearing Loss (in Million) for 2019, 2030, 2040 and 2050 Closed Captioning: Providing Hearing-Impaired Access to Information Automatic Captioning Systems Come to the Aid of Hearing Impaired Intelligent Conversational Systems for Self-Care Voice Technology for Command and Control Increasing Adoption of Speech Technology in Radiology Key Challenges Confronting Adoption of Voice & Speech Technology in Healthcare Banking and Financial Services Industry Embraces Voice and Speech Recognition Technology Risk Averse Financial Institutions Turn to Voice & Speech Technology Use Cases of Voice and Speech Recognition Technology in Financial Services and Banking Sector Methodical Approach to Implement Voice Technology: An Important Consideration Voice Bots: Enabling Natural Language Recognition COVID-19 Pandemic Accelerates Shift towards Digital Banking, Presenting Growth Opportunities Banking Regulations Stress on Security Issues in Voice Technology Voice Biometrics Continues to Gain Growth in BFSI Sector Mobile Banking Applications Give Rise to Increased Demand for Voice-based Authentication EXHIBIT 7: Global Online Banking Market Size (in US$ Billion) for the Years 2019, 2021, 2023 and 2025 Virtual Assistants: Enabling a Range of Financial Services Mobile Biometrics Emerge as a Critical Solution to Address Security Challenges Rising Importance of AI Technology for Enhancing Accuracy of Voice & Speech Recognition Technology Promising Future Ahead for AI-Enabled Voice Technology AI-Driven Speech Recognition Offers Numerous Advantages for Businesses Speech-based Biometric Systems Finds Increasing Importance for Multifactor Authentication EXHIBIT 8: Financial Losses in the US Due to Internet Crime in US$ Million: 2012-2020 Potential Role in Developing Voice & Speech Recognition Software in Micro-Linguistics & Local Languages Efforts to Create Multilingual Communication Platforms Gain Momentum in India Growth of Service Robotics Boosts Use of Speech & Voice Recognition Technology EXHIBIT 9: Global Service Robotics Market: Sales in US$ Million by Geographic Region/Country for the Years 2020 and 2027 Technology Holds Prominence in Education for Disabled Students Voiced-Enabled Technologies for Speech Impaired Individuals AI-Powered Technologies for Universal Speech Recognition for the Disabled Advantages of Voice Assistants for People with Upper Limb Disabilities Growing Role of Speech & Voice Recognition Technology in Cars Rising Relevance of Digital Voice Assistants in In-Vehicle Control Systems Key features of Voice Assistance Systems for Automobiles A Glance at Select In-Car Speech Recognition Systems Auto Production Trends to Influence Market Outlook EXHIBIT 10: World Automobile Production in Million Units: 2008 - 2022 With Autonomous Cars Concept Gaining Strength, Role of Speech & Voice Recognition to Find Increased Acceptance Growing Role of Voice & Speech Recognition Technology in Retail Sector Voice Recognition-Supported Shopping to Make Strong Gains Robust Growth of e-Commerce Industry: A Potential Market Opportunity EXHIBIT 11: Global E-Commerce Market as a % of Retail Sales for the Period 2017, 2019, 2021 & 2023 Military Systems Look Towards Voice Recognition Technology for Improved Access Control U.S. Army?s ARL Develops JUDI Consumer Electronics Emerges as a Key Market for Voice Recognition Technology EXHIBIT 12: Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028 Rising Popularity of Voice-Activated Speakers Home Automation Trend Bodes Well for Voice & Speech Technology Adoption in Consumer Electronics EXHIBIT 13: Global Smart Home Penetration Rate (%): 2017-2025 EXHIBIT 14: Smart Home Penetration Rate (%) by Region/Country: 2020 Pre-Configured Voice Skill Sets for Home Automation Voice Assistants Poised for High Growth Amidst the Home Automation Trend Data Security Concerns in Voice Activation Technology Voice Assistant Technology for Enterprise: Promising Growth Ahead Use Cases of Voice Technology in Enterprises Integrating Voice Assistant into a Single System for Staff Management Constraints of Voice Assistants in an Enterprise Key Voice & Speech Recognition Products for Businesses & Enterprises Globalization & Workforce Decentralization Spur Demand in the Enterprise Sector EXHIBIT 15: Global Workforce Population: Percentage Share Breakdown of Employees by Nature of Work for 2009, 2017 & 2024 Legal Offices Look to Deploy Speech & Voice Recognition Market Speech Recognition Applications in Legal Profession Use of Dictation Machines and Beyond Need for Legal Analytics: Historical Background and Present Scenario Use of Speech Recognition Technology by Law Enforcement Agencies Automated Speech Recognition (ASR): The Widely Used Speech Recognition Technology Text-to-Speech Emerges as a Realistic, Natural Conversation Tool Rising Importance of Speech Technology in the IoT Era EXHIBIT 16: Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025 Cloud-ba1sed Speech Technology Continues to Make Strong Progress Speech Recognition and the Gaming Industry Technology Trends Poised to Transform Voice Recognition Market Notable Speech Recognition Technology Trends in 2021 & Beyond Innovations & Advancements in Voice and Speech Recognition Technology Market Application of AI and Signal Processing in Diagnosing COVID-19 symptoms Usage of Vocal Biomarkers in Diagnosis of a Disease Usage of AI Based Asymptomatic Screening Tools Determining the Spread of COVID-19 using AI Technology Speech Recognition for COVID-19 Diagnosis Not Completely Reliable Technological Advancements Enhance Accuracy Advancements in Voice User Interface (VUI) Technology Voice Assistants Usage in R&D Laboratories Major Challenges Facing Market Growth Limitations of Voice Assistant Technologies Challenges Facing Speech Recognition Market

4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Voice and Speech Recognition Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 2: World Historic Review for Voice and Speech Recognition Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 3: World 11-Year Perspective for Voice and Speech Recognition Technology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2016, 2021 & 2027

Table 4: World Current & Future Analysis for Speech by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 5: World Historic Review for Speech by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 6: World 11-Year Perspective for Speech by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 7: World Current & Future Analysis for Voice by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 8: World Historic Review for Voice by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 9: World 11-Year Perspective for Voice by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 10: World Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 11: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 12: World 11-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 13: World Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 14: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 15: World 11-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 16: World Current & Future Analysis for Consumer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 17: World Historic Review for Consumer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 18: World 11-Year Perspective for Consumer by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 19: World Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 20: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 21: World 11-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 22: World Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 23: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 24: World 11-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 25: World Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 26: World Historic Review for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 27: World 11-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 28: World Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 29: World Historic Review for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 30: World 11-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 31: World Current & Future Analysis for Military by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 32: World Historic Review for Military by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 33: World 11-Year Perspective for Military by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 34: World Current & Future Analysis for Legal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 35: World Historic Review for Legal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 36: World 11-Year Perspective for Legal by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

Table 37: World Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 38: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 39: World 11-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES Speech Technology Market Remains Firm Voice Recognition Market for Smartphones Speech Recognition Technology: A Prominent Role in Healthcare Sector Growing Adoption of Speech Recognition Systems among Physicians Advancements in Speech Recognition Technology Augur Well for Healthcare Industry Enterprise-Wide Deployment: Key to Success of Speech Recognition Technology in Healthcare Sector Nuance Leads Radiology Speech Recognition Market Amid Growing Risks, Financial Sector Embraces Voice Biometrics Rising Demand for Speech Analytics Technology in Insurance Industry Automotive Industry Looks to Voice Recognition Technology for Improving Driver Safety Speech Recognition Technology Making Way into Air Traffic Control Market Analytics Table 40: USA Current & Future Analysis for Voice and Speech Recognition Technology by Technology - Speech and Voice - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 41: USA Historic Review for Voice and Speech Recognition Technology by Technology - Speech and Voice Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 42: USA 11-Year Perspective for Voice and Speech Recognition Technology by Technology - Percentage Breakdown of Value Revenues for Speech and Voice for the Years 2016, 2021 & 2027

Table 43: USA Current & Future Analysis for Voice and Speech Recognition Technology by Deployment - Cloud and On-Premise - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 44: USA Historic Review for Voice and Speech Recognition Technology by Deployment - Cloud and On-Premise Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 45: USA 11-Year Perspective for Voice and Speech Recognition Technology by Deployment - Percentage Breakdown of Value Revenues for Cloud and On-Premise for the Years 2016, 2021 & 2027

Table 46: USA Current & Future Analysis for Voice and Speech Recognition Technology by End-Use - Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 47: USA Historic Review for Voice and Speech Recognition Technology by End-Use - Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 48: USA 11-Year Perspective for Voice and Speech Recognition Technology by End-Use - Percentage Breakdown of Value Revenues for Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses for the Years 2016, 2021 & 2027

CANADA Market Overview Market Analytics Table 49: Canada Current & Future Analysis for Voice and Speech Recognition Technology by Technology - Speech and Voice - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 50: Canada Historic Review for Voice and Speech Recognition Technology by Technology - Speech and Voice Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 51: Canada 11-Year Perspective for Voice and Speech Recognition Technology by Technology - Percentage Breakdown of Value Revenues for Speech and Voice for the Years 2016, 2021 & 2027

Table 52: Canada Current & Future Analysis for Voice and Speech Recognition Technology by Deployment - Cloud and On-Premise - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 53: Canada Historic Review for Voice and Speech Recognition Technology by Deployment - Cloud and On-Premise Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 54: Canada 11-Year Perspective for Voice and Speech Recognition Technology by Deployment - Percentage Breakdown of Value Revenues for Cloud and On-Premise for the Years 2016, 2021 & 2027

Table 55: Canada Current & Future Analysis for Voice and Speech Recognition Technology by End-Use - Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 56: Canada Historic Review for Voice and Speech Recognition Technology by End-Use - Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 57: Canada 11-Year Perspective for Voice and Speech Recognition Technology by End-Use - Percentage Breakdown of Value Revenues for Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses for the Years 2016, 2021 & 2027

JAPAN Table 58: Japan Current & Future Analysis for Voice and Speech Recognition Technology by Technology - Speech and Voice - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 59: Japan Historic Review for Voice and Speech Recognition Technology by Technology - Speech and Voice Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 60: Japan 11-Year Perspective for Voice and Speech Recognition Technology by Technology - Percentage Breakdown of Value Revenues for Speech and Voice for the Years 2016, 2021 & 2027

Table 61: Japan Current & Future Analysis for Voice and Speech Recognition Technology by Deployment - Cloud and On-Premise - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 62: Japan Historic Review for Voice and Speech Recognition Technology by Deployment - Cloud and On-Premise Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 63: Japan 11-Year Perspective for Voice and Speech Recognition Technology by Deployment - Percentage Breakdown of Value Revenues for Cloud and On-Premise for the Years 2016, 2021 & 2027

Table 64: Japan Current & Future Analysis for Voice and Speech Recognition Technology by End-Use - Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 65: Japan Historic Review for Voice and Speech Recognition Technology by End-Use - Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

Table 66: Japan 11-Year Perspective for Voice and Speech Recognition Technology by End-Use - Percentage Breakdown of Value Revenues for Consumer, Healthcare, Automotive, Retail, BFSI, Military, Legal and Other End-Uses for the Years 2016, 2021 & 2027

CHINA China: Lucrative Market for Voice Technologies iFlytek Strives to Solidify its Leadership in Voice Recognition Market Competition EXHIBIT : Leading Players in the Chinese Speech Recognition Market (2020): Percentage Breakdown of Revenues for Apple, Baidu, iFlytek, Nuance and Others Market Analytics Table 67: China Current & Future Analysis for Voice and Speech Recognition Technology by Technology - Speech and Voice - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 68: China Historic Review for Voice and Speech Recognition Technology by Technology - Speech and Voice Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2019 and % CAGR

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Global Voice and Speech Recognition Technology Market to Reach US$20.9 Billion by the Year 2026 - Yahoo Finance

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