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Voice Recognition Market for Smartphones in US 2023-2027

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    Report

  • 126 Pages
  • September 2023
  • Region: United States
  • TechNavio
  • ID: 5879417
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The voice recognition market for smartphones in US is forecasted to grow by USD 124.36 mn during 2022-2027, accelerating at a CAGR of 12.47% during the forecast period. The report on the voice recognition market for smartphones in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of technologically advanced mobile devices, increasing demand for voice-driven navigation systems and workstations, and the growing use of voice biometrics.

The voice recognition market for smartphones in US is segmented as below:

By Technology

  • Automatic speech recognition
  • Text-to-speech

By Deployment

  • Cloud-based
  • Embedded

By Geographical Landscape

  • North America
This study identifies the growing use of AI integrated with voice speech recognition as one of the prime reasons driving the voice recognition market for smartphones in US growth during the next few years. Also, growing demand for smart homes and development of smart cities and increasing of voice-enabled devices in automobiles will lead to sizable demand in the market.

The report on the voice recognition market for smartphones in US covers the following areas:

  • Voice recognition market for smartphones in US sizing
  • Voice recognition market for smartphones in US forecast
  • Voice recognition market for smartphones in US 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 voice recognition markets for smartphones in US vendors that include 3M Co., Advanced Voice Recognition Systems Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., AT and T Inc., Aware Inc., Baidu Inc., International Business Machines Corp., Koninklijke Philips N.V., LumenVox GmbH, M2SYS, Microsoft Corp., Qualcomm Inc., Rev.com Inc., Samsung Electronics Co. Ltd., Sensory Inc., Sonix Inc., Summa Linguae Technologies S.A., and Verizon Communications Inc.. Also, the voice recognition market for smartphones in US 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 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 accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Voice recognition market for smartphones in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on voice recognition market for smartphones in US 2017 - 2021 ($ million)
4.2 Technology Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.3 Deployment Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Deployment Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Technology
6.1 Market segments
Exhibit 25: Chart on Technology - Market share 2022-2027 (%)
Exhibit 26: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
Exhibit 27: Chart on Comparison by Technology
Exhibit 28: Data Table on Comparison by Technology
6.3 Automatic speech recognition - Market size and forecast 2022-2027
Exhibit 29: Chart on Automatic speech recognition - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Automatic speech recognition - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Automatic speech recognition - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Automatic speech recognition - Year-over-year growth 2022-2027 (%)
6.4 Text-to-speech - Market size and forecast 2022-2027
Exhibit 33: Chart on Text-to-speech - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Text-to-speech - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Text-to-speech - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Text-to-speech - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Technology
Exhibit 37: Market opportunity by Technology ($ million)
Exhibit 38: Data Table on Market opportunity by Technology ($ million)
7 Market Segmentation by Deployment
7.1 Market segments
Exhibit 39: Chart on Deployment - Market share 2022-2027 (%)
Exhibit 40: Data Table on Deployment - Market share 2022-2027 (%)
7.2 Comparison by Deployment
Exhibit 41: Chart on Comparison by Deployment
Exhibit 42: Data Table on Comparison by Deployment
7.3 Cloud-based - Market size and forecast 2022-2027
Exhibit 43: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
7.4 Embedded - Market size and forecast 2022-2027
Exhibit 47: Chart on Embedded - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Embedded - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Embedded - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Embedded - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Deployment
Exhibit 51: Market opportunity by Deployment ($ million)
Exhibit 52: Data Table on Market opportunity by Deployment ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 54: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 56: Overview on factors of disruption
10.4 Industry risks
Exhibit 57: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 58: Vendors covered
11.2 Market positioning of vendors
Exhibit 59: Matrix on vendor position and classification
11.3 Advanced Voice Recognition Systems Inc.
Exhibit 60: Advanced Voice Recognition Systems Inc. - Overview
Exhibit 61: Advanced Voice Recognition Systems Inc. - Product/Service
Exhibit 62: Advanced Voice Recognition Systems Inc. - Key offerings
11.4 Alphabet Inc.
Exhibit 63: Alphabet Inc. - Overview
Exhibit 64: Alphabet Inc. - Business segments
Exhibit 65: Alphabet Inc. - Key news
Exhibit 66: Alphabet Inc. - Key offerings
Exhibit 67: Alphabet Inc. - Segment focus
11.5 Amazon.com Inc.
Exhibit 68: Amazon.com Inc. - Overview
Exhibit 69: Amazon.com Inc. - Business segments
Exhibit 70: Amazon.com Inc. - Key news
Exhibit 71: Amazon.com Inc. - Key offerings
Exhibit 72: Amazon.com Inc. - Segment focus
11.6 Apple Inc.
Exhibit 73: Apple Inc. - Overview
Exhibit 74: Apple Inc. - Business segments
Exhibit 75: Apple Inc. - Key news
Exhibit 76: Apple Inc. - Key offerings
Exhibit 77: Apple Inc. - Segment focus
11.7 AT and T Inc.
Exhibit 78: AT and T Inc. - Overview
Exhibit 79: AT and T Inc. - Business segments
Exhibit 80: AT and T Inc. - Key news
Exhibit 81: AT and T Inc. - Key offerings
Exhibit 82: AT and T Inc. - Segment focus
11.8 International Business Machines Corp.
Exhibit 83: International Business Machines Corp. - Overview
Exhibit 84: International Business Machines Corp. - Business segments
Exhibit 85: International Business Machines Corp. - Key news
Exhibit 86: International Business Machines Corp. - Key offerings
Exhibit 87: International Business Machines Corp. - Segment focus
11.9 Koninklijke Philips N.V.
Exhibit 88: Koninklijke Philips N.V. - Overview
Exhibit 89: Koninklijke Philips N.V. - Business segments
Exhibit 90: Koninklijke Philips N.V. - Key news
Exhibit 91: Koninklijke Philips N.V. - Key offerings
Exhibit 92: Koninklijke Philips N.V. - Segment focus
11.10 LumenVox GmbH
Exhibit 93: LumenVox GmbH - Overview
Exhibit 94: LumenVox GmbH - Product/Service
Exhibit 95: LumenVox GmbH - Key offerings
11.11 M2SYS
Exhibit 96: M2SYS - Overview
Exhibit 97: M2SYS - Product/Service
Exhibit 98: M2SYS - Key offerings
11.12 Microsoft Corp.
Exhibit 99: Microsoft Corp. - Overview
Exhibit 100: Microsoft Corp. - Business segments
Exhibit 101: Microsoft Corp. - Key news
Exhibit 102: Microsoft Corp. - Key offerings
Exhibit 103: Microsoft Corp. - Segment focus
11.13 Qualcomm Inc.
Exhibit 104: Qualcomm Inc. - Overview
Exhibit 105: Qualcomm Inc. - Business segments
Exhibit 106: Qualcomm Inc. - Key news
Exhibit 107: Qualcomm Inc. - Key offerings
Exhibit 108: Qualcomm Inc. - Segment focus
11.14 Rev.com Inc.
Exhibit 109: Rev.com Inc. - Overview
Exhibit 110: Rev.com Inc. - Product/Service
Exhibit 111: Rev.com Inc. - Key offerings
11.15 Samsung Electronics Co. Ltd.
Exhibit 112: Samsung Electronics Co. Ltd. - Overview
Exhibit 113: Samsung Electronics Co. Ltd. - Business segments
Exhibit 114: Samsung Electronics Co. Ltd. - Key news
Exhibit 115: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 116: Samsung Electronics Co. Ltd. - Segment focus
11.16 Sensory Inc.
Exhibit 117: Sensory Inc. - Overview
Exhibit 118: Sensory Inc. - Product/Service
Exhibit 119: Sensory Inc. - Key offerings
11.17 Verizon Communications Inc.
Exhibit 120: Verizon Communications Inc. - Overview
Exhibit 121: Verizon Communications Inc. - Business segments
Exhibit 122: Verizon Communications Inc. - Key offerings
Exhibit 123: Verizon Communications Inc. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 124: Inclusions checklist
Exhibit 125: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 126: Currency conversion rates for US$
12.4 Research methodology
Exhibit 127: Research methodology
Exhibit 128: Validation techniques employed for market sizing
Exhibit 129: Information sources
12.5 List of abbreviations
Exhibit 130: List of abbreviations
Exhibits:
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 5: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on US: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on voice recognition market for smartphones in US 2017 - 2021 ($ million)
Exhibits 16: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
Exhibits 17: Historic Market Size - Deployment Segment 2017 - 2021 ($ million)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Technology - Market share 2022-2027 (%)
Exhibits 26: Data Table on Technology - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Technology
Exhibits 28: Data Table on Comparison by Technology
Exhibits 29: Chart on Automatic speech recognition - Market size and forecast 2022-2027 ($ million)
Exhibits 30: Data Table on Automatic speech recognition - Market size and forecast 2022-2027 ($ million)
Exhibits 31: Chart on Automatic speech recognition - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Automatic speech recognition - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Text-to-speech - Market size and forecast 2022-2027 ($ million)
Exhibits 34: Data Table on Text-to-speech - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Chart on Text-to-speech - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Text-to-speech - Year-over-year growth 2022-2027 (%)
Exhibits 37: Market opportunity by Technology ($ million)
Exhibits 38: Data Table on Market opportunity by Technology ($ million)
Exhibits 39: Chart on Deployment - Market share 2022-2027 (%)
Exhibits 40: Data Table on Deployment - Market share 2022-2027 (%)
Exhibits 41: Chart on Comparison by Deployment
Exhibits 42: Data Table on Comparison by Deployment
Exhibits 43: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
Exhibits 45: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
Exhibits 46: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
Exhibits 47: Chart on Embedded - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Data Table on Embedded - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Chart on Embedded - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on Embedded - Year-over-year growth 2022-2027 (%)
Exhibits 51: Market opportunity by Deployment ($ million)
Exhibits 52: Data Table on Market opportunity by Deployment ($ million)
Exhibits 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 54: Impact of drivers and challenges in 2022 and 2027
Exhibits 55: Overview on Criticality of inputs and Factors of differentiation
Exhibits 56: Overview on factors of disruption
Exhibits 57: Impact of key risks on business
Exhibits 58: Vendors covered
Exhibits 59: Matrix on vendor position and classification
Exhibits 60: Advanced Voice Recognition Systems Inc. - Overview
Exhibits 61: Advanced Voice Recognition Systems Inc. - Product/Service
Exhibits 62: Advanced Voice Recognition Systems Inc. - Key offerings
Exhibits 63: Alphabet Inc. - Overview
Exhibits 64: Alphabet Inc. - Business segments
Exhibits 65: Alphabet Inc. - Key news
Exhibits 66: Alphabet Inc. - Key offerings
Exhibits 67: Alphabet Inc. - Segment focus
Exhibits 68: Amazon.com Inc. - Overview
Exhibits 69: Amazon.com Inc. - Business segments
Exhibits 70: Amazon.com Inc. - Key news
Exhibits 71: Amazon.com Inc. - Key offerings
Exhibits 72: Amazon.com Inc. - Segment focus
Exhibits 73: Apple Inc. - Overview
Exhibits 74: Apple Inc. - Business segments
Exhibits 75: Apple Inc. - Key news
Exhibits 76: Apple Inc. - Key offerings
Exhibits 77: Apple Inc. - Segment focus
Exhibits 78: AT and T Inc. - Overview
Exhibits 79: AT and T Inc. - Business segments
Exhibits 80: AT and T Inc. - Key news
Exhibits 81: AT and T Inc. - Key offerings
Exhibits 82: AT and T Inc. - Segment focus
Exhibits 83: International Business Machines Corp. - Overview
Exhibits 84: International Business Machines Corp. - Business segments
Exhibits 85: International Business Machines Corp. - Key news
Exhibits 86: International Business Machines Corp. - Key offerings
Exhibits 87: International Business Machines Corp. - Segment focus
Exhibits 88: Koninklijke Philips N.V. - Overview
Exhibits 89: Koninklijke Philips N.V. - Business segments
Exhibits 90: Koninklijke Philips N.V. - Key news
Exhibits 91: Koninklijke Philips N.V. - Key offerings
Exhibits 92: Koninklijke Philips N.V. - Segment focus
Exhibits 93: LumenVox GmbH - Overview
Exhibits 94: LumenVox GmbH - Product/Service
Exhibits 95: LumenVox GmbH - Key offerings
Exhibits 96: M2SYS - Overview
Exhibits 97: M2SYS - Product/Service
Exhibits 98: M2SYS - Key offerings
Exhibits 99: Microsoft Corp. - Overview
Exhibits 100: Microsoft Corp. - Business segments
Exhibits 101: Microsoft Corp. - Key news
Exhibits 102: Microsoft Corp. - Key offerings
Exhibits 103: Microsoft Corp. - Segment focus
Exhibits 104: Qualcomm Inc. - Overview
Exhibits 105: Qualcomm Inc. - Business segments
Exhibits 106: Qualcomm Inc. - Key news
Exhibits 107: Qualcomm Inc. - Key offerings
Exhibits 108: Qualcomm Inc. - Segment focus
Exhibits 109: Rev.com Inc. - Overview
Exhibits 110: Rev.com Inc. - Product/Service
Exhibits 111: Rev.com Inc. - Key offerings
Exhibits 112: Samsung Electronics Co. Ltd. - Overview
Exhibits 113: Samsung Electronics Co. Ltd. - Business segments
Exhibits 114: Samsung Electronics Co. Ltd. - Key news
Exhibits 115: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 116: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 117: Sensory Inc. - Overview
Exhibits 118: Sensory Inc. - Product/Service
Exhibits 119: Sensory Inc. - Key offerings
Exhibits 120: Verizon Communications Inc. - Overview
Exhibits 121: Verizon Communications Inc. - Business segments
Exhibits 122: Verizon Communications Inc. - Key offerings
Exhibits 123: Verizon Communications Inc. - Segment focus
Exhibits 124: Inclusions checklist
Exhibits 125: Exclusions checklist
Exhibits 126: Currency conversion rates for US$
Exhibits 127: Research methodology
Exhibits 128: Validation techniques employed for market sizing
Exhibits 129: Information sources
Exhibits 130: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global voice recognition market for smartphones in US: 3M Co., Advanced Voice Recognition Systems Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., AT and T Inc., Aware Inc., Baidu Inc., International Business Machines Corp., Koninklijke Philips N.V., LumenVox GmbH, M2SYS, Microsoft Corp., Qualcomm Inc., Rev.com Inc., Samsung Electronics Co. Ltd., Sensory Inc., Sonix Inc., Summa Linguae Technologies S.A., and Verizon Communications Inc..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing use of AI integrated with voice speech recognition.'
According to the report, one of the major drivers for this market is the increasing adoption of technologically advanced mobile devices.

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:

  • 3M Co.
  • Advanced Voice Recognition Systems Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • AT and T Inc.
  • Aware Inc.
  • Baidu Inc.
  • International Business Machines Corp.
  • Koninklijke Philips N.V.
  • LumenVox GmbH
  • M2SYS
  • Microsoft Corp.
  • Qualcomm Inc.
  • Rev.com Inc.
  • Samsung Electronics Co. Ltd.
  • Sensory Inc.
  • Sonix Inc.
  • Summa Linguae Technologies S.A.
  • Verizon Communications Inc.

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