Speech and Voice Recognition Market with COVID-19 Impact Analysis by Delivery Method, Deployment Mode (On Cloud, On-Premises/Embedded), Technology (Speech Recognition, Voice Recognition), Vertical and Geography - Global Forecast to 2026

8300
Present Value (M$)
2021
22000
Forecast Value (M$)
2026
21.6%
CAGR (%)

The speech and voice recognition market is expected to grow from USD 8.3 billion in 2021 to USD 22.0 billion by 2026; it is expected to grow at a CAGR of 21.6 % during the forecast period.

Main companies

  • Apple (US)
  • Microsoft (US)
  • Amazon (US)
  • Alphabet (US)
  • IBM(US)
  • CANTAB Research (UK)
  • Sensory (US)
  • Baidu (China)
  • iFLYTEK (China)
  • SESTEK (Turkey)