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

  • Acapela Group
  • Advanced Voice Recognition Systems
  • Alphabet
  • Amazon
  • Apple
  • Baidu
  • Biotrust Id
  • Cantab Research
  • Dolbey
  • Govivace
  • IBM
  • Iflytek
  • Ispeech
  • LumenVox
  • M*Modal
  • M2Sys
  • Microsoft
  • Raytheon BBN Technologies
  • Sensory
  • Speak2Web
  • Speech Enabled Software Technologies (Sestek)
  • Uniphore Software
  • Validsoft
  • Vocalzoom
  • Voicevault