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

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


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



Executive Summary

The North America speech and voice recognition is expected to reach USD 1,960.60 Million by 2025 from USD 312.08 Million in 2017, at a CAGR of 25.7% 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 North America region is leading in U.S.

The key market players for North America speech and voice recognition Market are listed below:

Nuance Communications, Inc.

Microsoft

IFLYTEK CO. LTD.

The market is further segmented into:

Technology

Product Type

Deployment

Industry Type

Geography

The North America 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 North America 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 68.2% market share in 2017 and is expected to grow at the highest CAGR of 28.6% in the forecast period.

The North America 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 82.8% market share in 2017 and is expected to grow at the highest CAGR of 27.3% in the forecast period.

The North America speech and voice recognition market is segmented based on deployment into two notable segments; artificial intelligence based cloud based and on premise.

The North America 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 North America speech and voice recognition market is segmented into geographical regions, such as

U.S.

Canada

Mexico

Covered in this report

The report covers the present scenario and the growth prospects of the North America 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.

Table Of Contents

1. Introduction 31

1.1. Objectives Of The Study 31

1.2. Market Definition 31

1.3. Overview Of North-America Speech And Voice Recognition Market 31

1.4. Currency And Pricing 32

1.5. Limitation 32

1.6. Markets Covered 33

2. Market Segmentation 35

2.1. Markets Covered 35

2.2. Geographic Scope 36

2.3. Years Considered For The Study 37

2.4. Currency And Pricing 37

2.5. Research Methodology 38

2.6. Primary Interviews With Key Opinion Leaders 41

2.7. Secondary Sources 42

2.8. Assumptions 42

3. Market Overview 43

3.1. Drivers 45

3.1.1. Increased Demand For Voice And Speech-Based Biometric Systems 45

3.1.2. Increasing Demand For Voice Authentication In Mobile Applications 45

3.1.3. Use Artificial Intelligence (Ai) On The Accuracy Of Speech And Voice Recognition 46

3.2. Restraints 47

3.2.1. Disadvantages Related To Speech And Voice Recognition Systems 47

3.3. Opportunity 47

3.3.1. Development Of Speech And Voice Recognition Software For Multi-Linguistics And Local Languages 47

3.3.2. Speech And Voice Recognition Technology Used In Autonomous Cars 48

3.3.3. Use Of Speech And Voice Recognition In Service Robotics 48

3.3.4. Use Of Speech And Voice Recognition Technology In The Education Of Temporarily And Permanently Disabled Students 49

3.4. Challenges 50

3.4.1. Limitations In Speech And Voice Based Techologies 50

3.4.2. Incompetence To Suppress Ambient Noise By Speech And Voice Technologies 50

4. Executive Summary 51

5. Premium Insights 54

6. North-America Speech And Voice Recognition Market, By Technology 57

6.1. Overview 58

6.2. Artificial Intelligence Based Sotware 60

6.3. Traditional Software 61

7. North-America Speech And Voice Recognition Market, By Product Type 62

7.1. Overview 63

7.2. Speech Recognition Software 67

7.2.1. Speech-To-Text 68

7.2.1.1. Binary 68

7.2.1.2. Multilingual 68

7.2.2. Text-To-Speech 69

7.3. Speech Recognition Software, By Usage 69

7.3.1. Front End 69

7.3.2. Back End 69

7.3.3. End-To-End 69

7.4. Voice Recognition Software 70

7.5. Voice Verification Software 70

7.6. Voice Identification Software 71

8. North-America Speech And Voice Recognition Market, By Deployment 72

8.1. Overview 73

8.2. Cloud 75

8.3. On-Premise 76

9. North-America Speech And Voice Recognition Market, By Industry 77

9.1. Overview 78

9.2. Automobiles 80

9.3. Security 81

9.4. Education & Academics 82

9.5. Healthcare 83

9.6. Banking 84

9.7. Analytics 85

9.8. Entertainment And Mobile Apps 86

9.9. Others 87

10. North-America Speech And Voice Recognition Market, By Geography 88

10.1. Overview 89

10.2. North America 158

10.2.1. U.S. 168

10.2.2. Canada 173

10.2.3. Mexico 178

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11. North-America Speech And Voice Recognition Market,

Company Landscape 276

11.1. Company Share Analysis: North America 277

12. Company Profiles 280

12.1. Nuance Communications, Inc. 280

12.1.1. Company Overview 280

12.1.2. Nuance Communications, Inc.: Revenue Analysis 280

12.1.3. Product Portfolio 281

12.1.4. Recent Developments 281

12.2. Sensory Inc. 283

12.2.1. Company Overview 283

12.2.2. Sensory, Inc.: Company Snapshot 283

12.2.3. Product Portfolio 284

12.2.4. Recent Developments 285

12.3. Cantab Research Limited 286

12.3.1. Company Overview 286

12.3.2. Cantab Research Limited: Company Snapshot 286

12.3.3. Product Portfolio 287

12.3.4. Recent Developments 287

12.4. Hoya Corporation 288

12.4.1. Company Overview 288

12.4.2. Hoya Corporation: Revenue Analysis 288

12.4.3. Product Portfolio 289

12.4.4. Recent Developments 289

?

12.5. Pareteum 290

12.5.1. Company Overview 290

12.5.2. Pareteum: Company Snapshot 290

12.5.3. Product Portfolio 290

12.5.4. Recent Developments 290

12.6. Iflytek Co. Ltd. 291

12.6.1. Company Overview 291

12.6.2. Iflytek Co. Ltd.: Company Snapshot 291

12.6.3. Product Portfolio 292

12.6.4. Recent Developments 292

12.7. Voicevault Inc. 293

12.7.1. Company Overview 293

12.7.2. Voicevault Inc. : Company Snapshot 293

12.7.3. Product Portfolio 294

12.7.4. Recent Developments 294

12.8. Voicebox Technologies Corporation 295

12.8.1. Company Overview 295

12.8.2. Voice Box Technologies Corporation : Company Snapshot 295

12.8.3. Product Portfolio 296

12.8.4. Recent Developments 296

12.9. Lumenvox, Llc. 297

12.9.1. Company Overview 297

12.9.2. Lumen Vox, Llc: Company Snapshot 297

12.9.3. Product Portfolio 298

12.9.4. Recent Developments 298

?

12.10. Acapela Group Sa 299

12.10.1. Company Overview 299

12.10.2. Acapela Group Sa : Company Snapshot 299

12.10.3. Product Portfolio 300

12.10.4. Recent Developments 300

12.11. Vocalzoom 301

12.11.1. Company Overview 301

12.11.2. Vocalzoom : Company Snapshot 301

12.11.3. Product Portfolio 302

12.11.4. Recent Developments 302

12.12. Biotrust 303

12.12.1. Company Overview 303

12.12.2. Biotrust : Company Snapshot 303

12.12.3. Product Portfolio 303

12.12.4. Recent Developments 303

12.13. Uniphore 304

12.13.1. Company Overview 304

12.13.2. Uniphore : Company Snapshot 304

12.13.3. Product Portfolio 304

12.13.4. Recent Developments 304

12.14. Raytheon Company 305

12.14.1. Company Overview 305

12.14.2. Raytheon Company : Company Snapshot 305

12.14.3. Product Portfolio 306

12.14.4. Recent Developments 306

?

12.15. Advanced Voice Recognition Systems, Inc. 307

12.15.1. Company Overview 307

12.15.2. Advanced Voice Recognition Systems, Inc: Revenue Analysis 307

12.15.3. Product Portfolio 307

12.15.4. Recent Developments 307

12.16. Microsoft 308

12.16.1. Company Overview 308

12.16.2. Microsoft: Revenue Analysis 308

12.16.3. Product Portfolio 309

12.16.4. Recent Developments 309

13. Related Reports 310

?

To know more information on Purchase by Section, please send a mail to sales@kenresearch.com

Figures List

Figure 1 North-America Speech And Voice Recognition Market: Segmentation 35

Figure 2 North-America Speech And Voice Recognition Market: Data Triangulation 38

Figure 3 North-America Speech And Voice Recognition Market: Research Snapshot 39

Figure 4 North-America Speech And Voice Recognition: Bottom Up Approach 40

Figure 5 North-America Speech And Voice Recognition Market: Top Down Approach 40

Figure 6 North-America Speech And Voice Recognition Market:

Interview Demographics 41

Figure 7 Drivers, Restraints, Opportunities, And Challenges Of North-America Speech And Voice Recognition Market 44

Figure 8 North-America Speech And Voice Recognition Market: Segmentation 52

Figure 9 North-America Speech And Voice Recognition Market: By Technology, 2017 58

Figure 10 North-America Speech And Voice Recognition Market: By Product Type, 2017 63

Figure 11 North-America Speech And Voice Recognition Market: By Deployment, 2017 73

Figure 12 North-America Speech And Voice Recognition Market: By Industry, 2017 78

Figure 13 North-America Speech And Voice Recognition Market: Snapshot (2017) 90

Figure 14 North-America Speech And Voice Recognition Market: By Geography (2017) 91

Figure 15 North-America Speech And Voice Recognition Market:

By Geography (2018 & 2025) 92

Figure 16 North-America Speech And Voice Recognition By Geography (2017 & 2025) 93

Figure 17 North-America Speech And Voice Recognition, By Product Type (2018-2025) 94

Figure 18 North America Speech And Voice Recognition: Snapshot (2017) 158

Figure 19 North America Speech And Voice Recognition: By Country (2017) 159

Figure 20 North America Speech And Voice Recognition Market:

By Country (2018 & 2025) 160

Figure 21 North America Speech And Voice Recognition:

By Country (2017 & 2025) 161

Figure 22 North America Speech And Voice Recognition Market,

By Product Type (2018-2025) 162

Figure 23 North-America Speech And Voice Recognition Market:

Company Share 2017 (%) 276

Figure 24 North America Speech And Voice Recognition Market:

Company Share 2017(%) 277

?

Table List

Table 1 North-America Speech And Voice Recognition Market,

By Technology, 2016- 2025 (Usd Million) 59

Table 2 North-America Artificial Intelligence Based Software Market,

By Region, 2016-2025 (Usd Million) 60

Table 3 North-America Traditional Software Market, By Region,

2016-2025 (Usd Million) 61

Table 4 North-America Speech And Voice Recognition Market,

By Product Type, 2016- 2025 (Usd Million) 64

Table 5 North-America Speech Recognition Software Market,

By Product Type, 2016- 2025 (Usd Million) 64

Table 6 North-America Speech To Text Market, By Type, 2016- 2025 (Usd Million) 65

Table 7 North-America Speech Recognition Software Market,

By Usage, 2016- 2025 (Usd Million) 65

Table 8 North-America Voice Recognition Software Market,

By Type, 2016-2025 (Usd Million) 66

Table 9 North-America Speech Recognition Market, By Region,

2016- 2025 (Usd Million) 67

Table 10 North-America Voice Recognition Software Market,

By Region, 2016-2025 (Usd Million) 70

Table 11 North-America Speech And Voice Recognition Market,

By Deployment, 2016- 2025 (Usd Million) 74

Table 12 North-America Cloud Market, By Region, 2016-2025 (Usd Million) 75

Table 13 North-America On Premise Market, By Region, 2016-2025 (Usd Million) 76

Table 14 North-America Speech And Voice Recognition Market,

By Industry, 2016- 2025 (Usd Million) 79

Table 15 North-America Automobiles Market, By Region, 2016-2025 (Usd Million) 80

Table 16 North-America Security Market, By Region, 2016-2025 (Usd Million) 81

Table 17 North-America Education & Academics Market,

By Region, 2016-2025 (Usd Million) 82

Table 18 North-America Healthcare Market, By Region, 2016-2025 (Usd Million) 83

Table 19 North-America Banking Market, By Region, 2016-2025 (Usd Million) 84

Table 20 North-America Analytics Market, By Region, 2016-2025 (Usd Million) 85

Table 21 North-America Entertainment And Mobile Apps Market,

By Region, 2016-2025 (Usd Million) 86

Table 22 North-America Others Market, By Region, 2016-2025 (Usd Million) 87

Table 23 North-America Speech And Voice Recognition, By Geography,

2016-2025 (Usd Million) 95

Table 114 North America Speech And Voice Recognition,

By Country 2016-2025 (Usd Million) 163

Table 115 North America Speech And Voice Recognition Market,

By Technology, 2016-2025 (Usd Million) 163

Table 116 North America Speech And Voice Recognition Market,

By Product Type, 2016-2025 (Usd Million) 164

Table 117 North America Speech Recognition Market,

By Product Type, 2016-2025 (Usd Million) 164

Table 118 North America Speech To Text Market, By Type,

2016-2025 (Usd Million) 165

Table 119 North America Speech Recognition Software Market,

By Usage, 2016-2025 (Usd Million) 165

Table 120 North America Voice Recognition Software Market,

By Type, 2016-2025 (Usd Million) 166

Table 121 North America Speech And Voice Recognition Software Market,

By Deployment, 2016-2025 (Usd Million) 166

Table 122 North America Speech And Voice Recognition Market,

By Industry, 2016-2025 (Usd Million) 167

Table 123 U.S. Speech And Voice Recognition Market,

By Technology, 2016-2025 (Usd Million) 168

Table 124 U.S. Speech And Voice Recognition Market,

By Product Type, 2016-2025 (Usd Million) 168

Table 125 U.S. Speech Recognition Market, By Product Type,

2016-2025 (Usd Million) 169

Table 126 U.S. Speech To Text Market, By Type, 2016-2025 (Usd Million) 169

Table 127 U.S. Speech Recognition Software Market, By Usage,

2016-2025 (Usd Million) 170

Table 128 U.S. Voice Recognition Software Market, By Type,

2016-2025 (Usd Million) 170

Table 129 U.S. Speech And Voice Recognition Software Market,

By Deployment, 2016-2025 (Usd Million) 171

Table 130 U.S. Speech And Voice Recognition Market, By Industry,

2016-2025 (Usd Million) 171

Table 131 Canada Speech And Voice Recognition Market,

By Technology, 2016-2025 (Usd Million) 173

Table 132 Canada Speech And Voice Recognition Market,

By Product Type, 2016-2025 (Usd Million) 173

Table 133 Canada Speech Recognition Market, By Product Type,

2016-2025 (Usd Million) 174

Table 134 Canada Speech To Text Market, By Type, 2016-2025 (Usd Million) 174

Table 135 Canada Speech Recognition Software Market,

By Usage, 2016-2025 (Usd Million) 175

Table 136 Canada Voice Recognition Software Market,

By Type, 2016-2025 (Usd Million) 175

Table 137 Canada Speech And Voice Recognition Software Market,

By Deployment, 2016-2025 (Usd Million) 176

Table 138 Canada Speech And Voice Recognition Market,

By Industry, 2016-2025 (Usd Million) 176

Table 139 Mexico Speech And Voice Recognition Market,

By Technology, 2016-2025 (Usd Million) 178

Table 140 Mexico Speech And Voice Recognition Market,

By Product Type, 2016-2025 (Usd Million) 178

Table 141 Mexico Speech Recognition Market, By Product Type,

2016-2025 (Usd Million) 179

Table 142 Mexico Speech To Text Market, By Type, 2016-2025 (Usd Million) 179

Table 143 Mexico Speech Recognition Software Market,

By Usage, 2016-2025 (Usd Million) 180

Table 144 Mexico Voice Recognition Software Market,

By Type, 2016-2025 (Usd Million) 180

Table 145 Mexico Speech And Voice Recognition Software Market,

By Deployment, 2016-2025 (Usd Million) 181

Table 146 Mexico Speech And Voice Recognition Market,

By Industry, 2016-2025 (Usd Million) 181

?

Nuance Communications, Inc.

Microsoft

IFLYTEK CO. LTD.


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