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Speech Recognition Market by Deployment Mode (On Cloud and On Premise) and End Use (Consumer Electronics, Healthcare, Enterprise, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

  • ALL3848251
  • 250 Pages
  • March 2020
  • Semiconductor and Electronics
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The global speech recognition market was valued at $6.39billion in 2018, and is projected to reach $29.28 billion by 2026, registering a CAGR of 19.9% from 2019 to 2026.Speech recognition technologyenables system to identify the sound of spoken words and convert them into machine readable form. Itis majorly used in various devices such as smartphones, cars, and computers. This technology uses linguistic units for speech and audio signals, which are measured by word error rate (WER) and help to identify the inaccuracies occurred while processing.

Factors such as increasing demand for speech recognition in automotive, rising demand for voice biometric systems for user authentication and high growth potential in healthcare application has boosted the growth of the global Speech recognition market. However, lack of accuracy in harsh environments and high installation cost, act as a major restraint hampering the market growth. Furthermore, rising adoption of speech recognition in the consumer verticals and emergence of speech recognition in robotics offers lucrative opportunities for the Speech recognition market growth globally

The global Speech recognition market is analyzed by deployment mode, end use, and region. Based on deployment, the market is analyzed across on cloud and on premise. On the basis of end use, the market is divided into automotive, consumer electronics, healthcare, enterprise and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.

The key players profiled in the report includeincludeGoogle Inc., Naunce Communication, IBM, Baidu, Amazon, Microsoft, Raytheon BBN Technologies, Sensory, Iflytek, and Speak2web. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration.

GLOBAL SPEECH RECOGNITION MARKET SEGMENTATION

By Deployment Mode

• On Cloud

• On Premise

By End Use

• Automotive

• Consumer Electronics

• Healthcare

• Enterprise

• Others

By Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Russia

o Rest of Europe

• Asia-Pacific

o China

o Japan

o India

o Australia

o Rest of Asia-Pacific

• LAMEA

o Latin America

o Middle East

o Africa

KEY MARKET PLAYERS

o Google Inc.

o Naunce Communication

o IBM

o Baidu

o Amazon

o Microsoft

o Raytheon

o BBN Technologies

o Sensory

o Iflytek

o Speak2web

CHAPTER 1: INTRODUCTION

1.1. Report description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.4. Research methodology

1.4.1. Primary research

1.4.2. Secondary research

1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors

2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.2. Key forces shaping embedded processor market

3.3. Patent analysis

3.3.1. SPEECH RECOGNITION, by Region (2018-2019)

3.3.2. SPEECH RECOGNITION, by applicant

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Increase in demand for speech recognition in automotive

3.4.1.2. Rise in demand for voice biometric systems for user authentication

3.4.1.3. High Growth Potential in Healthcare Application

3.4.2. Restraints

3.4.2.1. Lack of Accuracy in harsh environments

3.4.3. Opportunities

3.4.3.1. Rise in adoption of speech recognition in the consumer verticals

3.4.3.2. Emergence of speech recognition in robotics

CHAPTER 4: SPEECH RECOGNITIOM MARKET, BY DEPLOYMENT MODE

4.1. Overview

4.2. On-cloud

4.2.1. Key market trends, growth factors, and opportunities

4.2.2. Market size and forecast, by region

4.2.3. Market analysis, by country

4.3. On-premise

4.3.1. Key market trends, growth factors, and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market analysis, by country

4.3.4.

CHAPTER 5: SPEECH RECOGNITION MARKET, BY END USER

5.1. Overview

5.2. Automotive

5.2.1. Key market trends, growth factors, and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market analysis, by country

5.3. Consumer Electronics

5.3.1. Key market trends, growth factors, and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market analysis, by country

5.4. Healthcare

5.4.1. Key market trends, growth factors, and opportunities

5.4.2. Market size and forecast, by region

5.4.3. Market analysis, by country

5.5. Enterprise

5.5.1. Key market trends, growth factors, and opportunities

5.5.2. Market size and forecast, by region

5.5.3. Market analysis, by country

5.6. Others

5.6.1. Key market trends, growth factors, and opportunities

5.6.2. Market size and forecast, by region

5.6.3. Market analysis, by country

CHAPTER 6: SPEECH RECOGNITION MARKET, BY REGION

6.1. Overview

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities

6.2.2. Market size and forecast, by deployment mode

6.2.3. Market size and forecast, by end user

6.2.4. Market analysis, by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by deployment mode

6.2.4.1.2. Market size and forecast, by end user

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by deployment mode

6.2.4.2.2. Market size and forecast, by end user

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by deployment mode

6.2.4.3.2. Market size and forecast, by end user

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities

6.3.2. Market size and forecast, by deployment mode

6.3.3. Market size and forecast, by end user

6.3.4. Market analysis, by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast, by deployment mode

6.3.4.1.2. Market size and forecast, by end user

6.3.4.2. Germany

6.3.4.2.1. Market size and forecast, by deployment mode

6.3.4.2.2. Market size and forecast, by end user

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by deployment mode

6.3.4.3.2. Market size and forecast, by end user

6.3.4.4. Russia

6.3.4.4.1. Market size and forecast, by deployment mode

6.3.4.4.2. Market size and forecast, by end user

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by deployment mode

6.3.4.5.2. Market size and forecast, by end user

6.4. Asia-pacific

6.4.1. Key market trends, growth factors, and opportunities

6.4.2. Market size and forecast, by deployment mode

6.4.3. Market size and forecast, by end user

6.4.4. Market analysis, by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by deployment mode

6.4.4.1.2. Market size and forecast, by end user

6.4.4.2. India

6.4.4.2.1. Market size and forecast, by deployment mode

6.4.4.2.2. Market size and forecast, by end user

6.4.4.3. Japan

6.4.4.3.1. Market size and forecast, by deployment mode

6.4.4.3.2. Market size and forecast, by end user

6.4.4.4. Australia

6.4.4.4.1. Market size and forecast, by deployment mode

6.4.4.4.2. Market size and forecast, by end user

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast, by deployment mode

6.4.4.5.2. Market size and forecast, by end user

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities

6.5.2. Market size and forecast, by deployment mode

6.5.3. Market size and forecast, by end user

6.5.4. Market analysis, by country

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by deployment mode

6.5.4.1.2. Market size and forecast, by end user

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by deployment mode

6.5.4.2.2. Market size and forecast, by end user

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by deployment mode

6.5.4.3.2. Market size and forecast, by end user

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction

7.2. Top winning strategies

7.2.1. Top winning strategies, by year

7.2.2. Top winning strategies, by development

7.2.3. Top winning strategies, by company

CHAPTER 8: COMPANY PROFILES

8.1. Amazon. Com, Inc.

8.1.1. Company overview

8.1.2. Company snapshot

8.1.3. Operating business segments

8.1.4. Product portfolio

8.1.5. Business performance

8.1.6. Key strategic moves and developments

8.2. Baidu, Inc.

8.2.1. Company overview

8.2.2. Company snapshot

8.2.3. Operating business segments

8.2.4. Product portfolio

8.2.5. R&D Expenditure

8.2.6. Business performance

8.2.7. Key strategic moves and developments

8.3. Google Inc. (Alphabet Inc.)

8.3.1. Company overview

8.3.2. Company snapshot

8.3.1. Operating business segments

8.3.2. Product portfolio

8.3.3. Business performance

8.3.4. Key strategic moves and developments

8.4. IBM Corporation.

8.4.1. Company overview

8.4.2. Company snapshot

8.4.3. Operating business segments

8.4.4. Product portfolio

8.4.5. Business performance

8.5. IFLYTEK Inc.

8.5.1. Company overview

8.5.2. Key Executive

8.5.3. Company snapshot

8.5.4. Product portfolio

8.5.5. Key strategic moves and developments

8.6. Microsoft Corporation

8.6.1. Company overview

8.6.2. Company snapshot

8.6.3. Operating business segments

8.6.4. Product portfolio

8.6.5. R&D Expenditure

8.6.6. Business performance

8.6.7. Key strategic moves and developments

8.7. Nuance Communications, Inc.

8.7.1. Company overview

8.7.2. Company snapshot

8.7.3. Operating business segments

8.7.4. Product portfolio

8.7.5. Business performance

8.7.6. Key strategic moves and developments

8.8. Raytheon Company

8.8.1. Company overview

8.8.2. Key Executive

8.8.3. Company snapshot

8.8.4. Operating business segments

8.8.5. Product portfolio

8.8.6. R&D Expenditure

8.8.7. Business performance

8.9. Sensory Inc.

8.9.1. Company overview

8.9.2. Key Executive

8.9.3. Company snapshot

8.9.4. Product portfolio

8.9.5. Key strategic moves and developments

8.10. speak2web

8.10.1. Company overview

8.10.2. Key Executive

8.10.3. Company snapshot

8.10.4. Product portfolio

LIST OF TABLES

TABLE 01. GLOBAL SPEECH RECOGNITION MARKET, BY DEPLOYMENT MODE, 2018-2026 ($MILLION)

TABLE 02. SPEECH RECOGNITION MARKET REVENUE FOR ON-CLOUD, BY REGION 2018–2026 ($MILLION)

TABLE 03. SPEECH RECOGNITION MARKET REVENUE FOR ON PREMISE, BY REGION 2018–2026 ($MILLION)

TABLE 04. GLOBAL SPEECH RECOGNITION MARKET REVENUE, BY END USER, 2018-2026 ($MILLION)

TABLE 05. SPEECH RECOGNITION MARKET REVENUE FOR AUTOMOTIVE, BY REGION 2018–2026 ($MILLION)

TABLE 06. SPEECH RECOGNITION MARKET REVENUE FOR CONSUMER ELECTRONICS, BY REGION 2018–2026 ($MILLION)

TABLE 07. SPEECH RECOGNITION MARKET REVENUE FOR HEALTHCARE, BY REGION 2018–2026 ($MILLION)

TABLE 08. SPEECH RECOGNITION MARKET REVENUE FOR ENTERPRISE, BY REGION 2018–2026 ($MILLION)

TABLE 09. SPEECH RECOGNITION MARKET REVENUE FOR OTHERS, BY REGION 2018–2026 ($MILLION)

TABLE 10. NORTH AMERICA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 11. NORTH AMERICA SPEECH RECOGNITION MARKET REVENUE, BY END USER 2018–2026 ($MILLION)

TABLE 12. U.S. SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 13. U.S. SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 14. CANADA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 15. CANADA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 16. MEXICO SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 17. MEXICO SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 18. EUROPE SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 19. EUROPE SPEECH RECOGNITION MARKET REVENUE, BY END USER 2018–2026 ($MILLION)

TABLE 20. UK SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 21. UK SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 22. GERMANY SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 23. GERMANY SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 24. FRANCE SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 25. FRANCE SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 26. RUSSIA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 27. RUSSIA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 28. REST OF EUROPE SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 29. REST OF EUROPE SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 30. ASIA PACIFIC SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 31. ASIA PACIFIC SPEECH RECOGNITION MARKET REVENUE, BY END USER 2018–2026 ($MILLION)

TABLE 32. CHINA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 33. CHINA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 34. INDIA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 35. INDIA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 36. JAPAN SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 37. JAPAN SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 38. AUSTRALIA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 39. AUSTRALIA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 40. REST OF ASIA PACIFIC SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 41. REST OF ASIA PACIFIC SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 42. LAMEA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 43. LAMEA SPEECH RECOGNITION MARKET REVENUE, BY END USER 2018–2026 ($MILLION)

TABLE 44. LATIN AMAERICA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 45. LATIN AMERICA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 46. MIDDLE EAST SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 47. MIDDLE EAST SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 48. AFRICA SPEECH RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE 2018–2026 ($MILLION)

TABLE 49. AFRICA SPEECH RECOGNITION MARKET REVENUE, BY END USER2018–2026 ($MILLION)

TABLE 50. AMAZON.COM, INC.: company Snapshot

TABLE 51. Advanced Micro Devices, Inc..: OPERATING SEGMENTS

TABLE 52. Advanced Micro Devices, Inc.: PRODUCT PORTFOLIO

TABLE 53. BAIDU: COMPANY SNAPSHOT

TABLE 54. BAIDU: OPERATING SEGMENTS

TABLE 55. BAIDU: PRODUCT PORTFOLIO

TABLE 56. GOOGLE INC: COMPANY SNAPSHOT

TABLE 01. GOOGLE INC.: OPERATING SEGMENTS

TABLE 02. GOOGLE INC..: PRODUCT PORTFOLIO

TABLE 03. IBM CORPORATION: COMPANY SNAPSHOT

TABLE 04. IBM CORPORATION.: OPERATING SEGMENTS

TABLE 05. IBM CORPORATION: PRODUCT PORTFOLIO

TABLE 06. IFLYTEK INC: KEY EXECUTIVES

TABLE 07. IFLYTEK INC: COMPANY SNAPSHOT

TABLE 08. IFLYTEK INC: PRODUCT PORTFOLIO

TABLE 09. MICROSOFT CORPORATION: COMPANY SNAPSHOT

TABLE 10. MICROSOFT CORPORATION: OPERATING SEGMENTS

TABLE 11. MICROSOFT CORPORATION: PRODUCT PORTFOLIO

TABLE 12. MICROSOFT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 13. NUANCE COMMUNICATIONS, INC: company Snapshot

TABLE 14. NUANCE COMMUNICATIONS, INC: OPERATING SEGMENTS

TABLE 15. NUANCE COMMUNICATIONS, INC: PRODUCT PORTFOLIO

TABLE 16. RAYTHEON COMPANY: KEY EXECUTIVES

TABLE 17. RAYTHEON COMPANY: COMPANY SNAPSHOT

TABLE 18. RAYTHEON COMPANY: OPERATING SEGMENTS

TABLE 19. RAYTHEON COMPANY: PRODUCT PORTFOLIO

TABLE 20. SENSORY INC: KEY EXECUTIVES

TABLE 21. SENSORY INC: COMPANY SNAPSHOT

TABLE 22. SENSORY INC: PRODUCT PORTFOLIO

TABLE 23. SPEAK2WEB: KEY EXECUTIVES

TABLE 24. SPEAK2WEB: COMPANY SNAPSHOT

TABLE 25. SPEAK2WEB: PRODUCT PORTFOLIO

 
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