EXECUTIVE ENGAGEMENTS
POOL
15487
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
1549
Interactions with Platform & by Email
PARTICIPANTS
312
Unique # Participated
VALIDATIONS
76
Responses Validated*
COMPANIES
53
Responses Validated*
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DATE
JAN 2022
TABLES
202
PAGES
279
EDITION
18
PRICE
USD 5600
CODE
MCP-7709
*Engagement stats are ongoing and dynamic
RESEARCH MODULES
EXECUTIVES
HIGHLIGHTS & REPORT INDEX
What's New for 2022?
» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Amid the COVID-19 crisis, the global market for Mobile Speech Recognition Software estimated at US$283 Million in the year 2020, is projected to reach a revised size of US$641.9 Million by 2027, growing at a CAGR of 12.4% over the period 2020-2027.
The Mobile Speech Recognition Software market in the U.S. is estimated at US$77.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$136.6 Million by the year 2027 trailing a CAGR of 16.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.8% and 10.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR.
SELECT PLAYERS
Advanced Voice Recognition Systems Inc.; Amazon Inc.; Apple Inc.; AT&T, Inc.; Baidu Inc.; Cisco Systems Inc.; Google Inc.; IBM Corp.; LumenVox LLC; Microsoft Corp.; Nuance Communications Inc.; Sensory Inc.
SEGMENTS
» Segment (Mobile Speech Recognition Software)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Mobile Speech Recognition Technology: Delivering the Power of Speech to Mobile Devices |
| Recent Market Activity |
| Speech Recognition Technology: An Indispensable Man-to-Machine Communication Tool in New-Age Mobile Devices |
| Recent Advancements in Mobile Speech Recognition Summarized |
| Nuance Communications |
| Google Now |
| Apple’s Siri |
| Amazon’s Alexa |
| Baidu’s Deep Speech |
| Microsoft Cortana |
| IBM Watson |
| Global Market Outlook |
| Developed Markets to Maintain their Dominance |
| Developing Countries to Drive Global Growth in the Short-to-Medium Term Period |
| China’s Speech Recognition Market: A Tough Nut to Crack for Google? |
| Mobile Speech Recognition Software – Global Key Competitors Percentage Market Share in 2022 (E) |
| Impact of Covid-19 and a Looming Global Recession |
| Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) |
| 2. FOCUS ON SELECT PLAYERS |
| Advanced Voice Recognition Systems, Inc. (USA) |
| Amazon, Inc. (USA) |
| Apple, Inc. (USA) |
| AT&T, Inc. (USA) |
| Baidu, Inc. (China) |
| Cisco Systems, Inc. (USA) |
| Google, Inc. (USA) |
| International Business Machines Corporation (USA) |
| LumenVox LLC (USA) |
| Microsoft Corporation (USA) |
| Nuance Communications, Inc. (USA) |
| Sensory, Inc. (USA) |
| 3. MARKET TRENDS & DRIVERS |
| Growing Prominence of Voice-Based User Interface Technologies in Mobile Devices Drive Strong Market Growth |
| Sophisticated Conversational User Interfaces Set to Replace Graphical User Interface (GUI) |
| Advancements in Processing Power Improves Speech Recognition Efficiency |
| The Steadily Expanding Mobile Ecosystem Globally: An Important Opportunity Indicator |
| Robust Demand for Smartphones Sets the Perfect Platform for Market Growth |
| Despite Decline in Popularity, Feature-Rich and High-End Tablets Sustain Demand for Mobile Speech Recognition |
| Mobile SMS: An Underutilized Feature with Huge Untapped Potential for Mobile Speech Recognition Technology |
| Wearable & Hearable Devices: The Next Frontier to Conquer for Mobile Speech Recognition Technology |
| Speech Recognition Coupled with Hearable Technology to Transform User Experience |
| Emerging IoT to Widen Demand for Mobile Speech Recognition Technology |
| Cloud-Based Speech Technology Solutions Enhance Performance and Improves User Experience |
| Accuracy, Efficiency, and Response Time Benefits Spur Demand for Automated Speech Recognition (ASR) |
| Mobile Speech Recognition Technology to Revolutionize Voice Commerce and Voice Banking |
| Stringent Vehicle Driving Laws Augurs Well for Market Penetration |
| Use of Mobile Phone Navigation Applications Made Easy by Speech Recognition |
| Focus on Employee Productivity & Efficiency to Drive Adoption of Mobile SR in Enterprises |
| Growing Use of Voice Enabled Portals Drive Adoption in Enterprises |
| Speech Recognition Technologies to Drive Next Generation Marketing Campaigns |
| Favorable Trends in the Communications Industry Strengthens Market Prospects |
| Spurt in Internet Usage |
| Move towards Convergence |
| Proliferation of Embedded Devices |
| Rise in Social Networking |
| Substitution of Conventional Phone Services by VoIP |
| Key Factors Hampering Growth Prospects for Mobile Speech Recognition |
| Limited Understanding of Words and Inability to Process Large Vocabulary of Information |
| Low Accuracy due to Ambient Noise |
| Lack of Awareness |
| Need for Improvements in Processor Technology |
| High Cost of Speech Recognition Implementations |
| Noteworthy Trends in a Nutshell |
| Passwords Becoming More Prominent |
| Speech Recognition Integrating Voice Verification |
| Voice Search Gain Popularity |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World Historic Review for Mobile Speech Recognition Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| World 15-Year Perspective for Mobile Speech Recognition Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027 |
| World Mobile Speech Recognition Software Market Analysis of Annual Sales in US$ Thousand for Years 2012 through 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) |
| USA Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| USA Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| CANADA |
| Canada Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Canada Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| JAPAN |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) |
| Japan Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Japan Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| CHINA |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) |
| China Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| China Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| EUROPE |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E) |
| Europe Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| Europe Historic Review for Mobile Speech Recognition Software by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| Europe 15-Year Perspective for Mobile Speech Recognition Software by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027 |
| FRANCE |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E) |
| France Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| France Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| GERMANY |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E) |
| Germany Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Germany Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| ITALY |
| Italy Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Italy Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| UNITED KINGDOM |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E) |
| UK Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| UK Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| SPAIN |
| Spain Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Spain Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| RUSSIA |
| Russia Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Russia Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| REST OF EUROPE |
| Rest of Europe Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of Europe Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| ASIA-PACIFIC |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E) |
| Asia-Pacific Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| Asia-Pacific Historic Review for Mobile Speech Recognition Software by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| Asia-Pacific 15-Year Perspective for Mobile Speech Recognition Software by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027 |
| AUSTRALIA |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E) |
| Australia Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Australia Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| INDIA |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E) |
| India Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| India Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| SOUTH KOREA |
| South Korea Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| South Korea Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| REST OF ASIA-PACIFIC |
| Rest of Asia-Pacific Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of Asia-Pacific Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| LATIN AMERICA |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E) |
| Latin America Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| Latin America Historic Review for Mobile Speech Recognition Software by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| Latin America 15-Year Perspective for Mobile Speech Recognition Software by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2021 & 2027 |
| ARGENTINA |
| Argentina Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Argentina Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| BRAZIL |
| Brazil Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Brazil Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| MEXICO |
| Mexico Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Mexico Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| REST OF LATIN AMERICA |
| Rest of Latin America Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of Latin America Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| MIDDLE EAST |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E) |
| Middle East Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| Middle East Historic Review for Mobile Speech Recognition Software by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| Middle East 15-Year Perspective for Mobile Speech Recognition Software by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2021 & 2027 |
| IRAN |
| Iran Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Iran Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| ISRAEL |
| Israel Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Israel Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| SAUDI ARABIA |
| Saudi Arabia Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Saudi Arabia Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| UNITED ARAB EMIRATES |
| UAE Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| UAE Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| REST OF MIDDLE EAST |
| Rest of Middle East Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of Middle East Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| AFRICA |
| Mobile Speech Recognition Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E) |
| Africa Recent Past, Current & Future Analysis for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Africa Historic Review for Mobile Speech Recognition Software by Segment - Mobile Speech Recognition Software Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR |
| IV. COMPETITION |
| Total Companies Profiled: 53 |
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