Speech and Voice Recognition Market Size, Share & Industry Analysis, By Component (Solution, Services), By Technology (Voice Recognition, Speech Recognition), By Deployment (On-Premises, Cloud), By End-User (Healthcare, IT and Telecommunications, Automotive, BFSI, Government, Legal, Retail, Travel and Hospitality and Others) and Regional Forecast, 2019 - 2026

6900
Present Value (M$)
2018
28300
Forecast Value (M$)
2026
19.8%
CAGR (%)

The global speech and voice recognition market size stood at USD 6.9 Billion in 2018 and is projected to reach USD 28.3 Billion by 2026, exhibiting a CAGR of 19.8% in the forecast period.

Main companies

  • Google
  • Baidu
  • Inc.
  • Facebook
  • Amazon.com
  • Inc.
  • Advanced Voice Recognition Systems
  • Inc.
  • Apple Inc.
  • IBM
  • Microsoft
  • Brianasoft
  • Voicebox Technologies Corporation
  • Fulcrum Biometrics
  • LLC.
  • Neurotechnology
  • M2SYS Technology - KernellĂ“ Inc.
  • Sensory Inc.
  • VoiceBase
  • Inc.
  • Auraya
  • VoiceTrust
  • Nuance Communications
  • Inc.
  • Raytheon Company