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The publisher has been monitoring the speech to speech translation market and it is poised to grow by $238.93 mn during 2022-2026, progressing at a CAGR of 9.64% during the forecast period. The report on the speech to speech translation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand from the growing business process outsourcing (BPO) sector and the adoption of speech analytics for financial trading.
The speech to speech translation market analysis includes the type segment and geographic landscape.
The speech to speech translation market is segmented as below:
By Type
- Hardware
- Software
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the emergence of handheld devices with speech-to-speech translation functionality as one of the prime reasons driving the speech to speech translation market growth during the next few years.
The report on speech to speech translation market covers the following areas:
- Speech to speech translation market sizing
- Speech to speech translation market forecast
- Speech to speech translation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading speech to speech translation market vendors that include Alphabet Inc., Cheetah Mobile Inc., IAC InterActiveCorp, Langogo Inc., Lingmo International Pty Ltd., Mesay, Microsoft Corp., Travis GT BV, TripLingo LLC, and Waverly Labs Inc. Also, the speech to speech translation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Hardware - Market size and forecast 2021-2026
- Software - Market size and forecast 2021-2026
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- APAC - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Alphabet Inc.
- Cheetah Mobile Inc.
- IAC InterActiveCorp
- Langogo Inc.
- Lingmo International Pty Ltd.
- Mesay
- Microsoft Corp.
- Travis GT BV
- TripLingo LLC
- Waverly Labs Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
List of Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2021 - 2026 ($ million)
- Global market: Year-over-year growth 2021 - 2026 (%)
- Five forces analysis 2021 & 2026
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2021
- Type - Market share 2021-2026 (%)
- Comparison by Type
- Hardware - Market size and forecast 2021-2026 ($ million)
- Hardware - Year-over-year growth 2021-2026 (%)
- Software - Market size and forecast 2021-2026 ($ million)
- Software - Year-over-year growth 2021-2026 (%)
- Market opportunity by Type
- Customer landscape
- Market share By Geographical Landscape 2021-2026 (%)
- Geographic comparison
- North America - Market size and forecast 2021-2026 ($ million)
- North America - Year-over-year growth 2021-2026 (%)
- Europe - Market size and forecast 2021-2026 ($ million)
- Europe - Year-over-year growth 2021-2026 (%)
- APAC - Market size and forecast 2021-2026 ($ million)
- APAC - Year-over-year growth 2021-2026 (%)
- South America - Market size and forecast 2021-2026 ($ million)
- South America - Year-over-year growth 2021-2026 (%)
- MEA - Market size and forecast 2021-2026 ($ million)
- MEA - Year-over-year growth 2021-2026 (%)
- Key leading countries
- Market opportunity By Geographical Landscape ($ million)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Alphabet Inc. - Overview
- Alphabet Inc. - Business segments
- Alphabet Inc. - Key offerings
- Alphabet Inc. - Key customers
- Alphabet Inc. - Segment focus
- Cheetah Mobile Inc. - Overview
- Cheetah Mobile Inc. - Business segments
- Cheetah Mobile Inc. - Key offerings
- Cheetah Mobile Inc. - Key customers
- Cheetah Mobile Inc. - Segment focus
- IAC InterActiveCorp - Overview
- IAC InterActiveCorp - Business segments
- IAC InterActiveCorp - Key offerings
- IAC InterActiveCorp - Key customers
- IAC InterActiveCorp - Segment focus
- Langogo Inc. - Overview
- Langogo Inc. - Product and service
- Langogo Inc. - Key offerings
- Langogo Inc. - Key customers
- Langogo Inc. - Segment focus
- Lingmo International Pty Ltd. - Overview
- Lingmo International Pty Ltd. - Product and service
- Lingmo International Pty Ltd. - Key offerings
- Lingmo International Pty Ltd. - Key customers
- Lingmo International Pty Ltd. - Segment focus
- Mesay - Overview
- Mesay - Product and service
- Mesay - Key offerings
- Mesay - Key customers
- Mesay - Segment focus
- Microsoft Corp. - Overview
- Microsoft Corp. - Business segments
- Microsoft Corp. - Key offerings
- Microsoft Corp. - Key customers
- Microsoft Corp. - Segment focus
- Travis GT BV - Overview
- Travis GT BV - Product and service
- Travis GT BV - Key offerings
- Travis GT BV - Key customers
- Travis GT BV - Segment focus
- TripLingo LLC - Overview
- TripLingo LLC - Product and service
- TripLingo LLC - Key offerings
- TripLingo LLC - Key customers
- TripLingo LLC - Segment focus
- Waverly Labs Inc. - Overview
- Waverly Labs Inc. - Business segments
- Waverly Labs Inc. - Key offerings
- Waverly Labs Inc. - Key customers
- Waverly Labs Inc. - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global speech to speech translation market: Alphabet Inc., Cheetah Mobile Inc., IAC InterActiveCorp, Langogo Inc., Lingmo International Pty Ltd., Mesay, Microsoft Corp., Travis GT BV, TripLingo LLC, and Waverly Labs Inc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of handheld devices with speech-to-speech translation functionality."
According to the report, one of the major drivers for this market is the demand from the growing business process outsourcing (BPO) sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabet Inc.
- Cheetah Mobile Inc.
- IAC InterActiveCorp
- Langogo Inc.
- Lingmo International Pty Ltd.
- Mesay
- Microsoft Corp.
- Travis GT BV
- TripLingo LLC
- Waverly Labs Inc.
