Speech To Text API Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 5552.9

overview_2
2024 Year-over-Year Growth

20.44%

overview_3
CAGR (2024-2028)

24.4%

overview_4
Report Coverage

Global

Speech To Text API Market Segmentation

Market Segmentation & Scope
Component
Software Services
Deployment
On-premises Cloud-based

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

41%

of the growth will originate

from North America

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Component into Software, Services

The Software is expected to be largest growing segment during 2024-2028

Largest Segment - Software

US$ 6,212.40 Mn

Speech To Text API Market by Component into Software; 2018-2028 (US$ Mn)

Software Market Revenue and Forecast 2018-2028 (US$ Mn)

Software

  • Software Market Size and Forecast 2018 to 2028 (US$ Mn)

Speech To Text API Market by Component into Services; 2018-2028 (US$ Mn)

Services Market Revenue and Forecast 2018-2028 (US$ Mn)

Services

  • Services Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Deployment into On-premises, Cloud-based

The On-premises is expected to be largest growing segment during 2024-2028

Largest Segment - On-premises

US$ 5,351.90 Mn

Speech To Text API Market Size by Segmentation, by Deployment (US$ Mn)

Deployment 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
On-premises 736.40 XX XX XX XX XX XX XX XX XX XX XX
Cloud-based XX 529.20 XX XX XX XX XX XX XX XX XX XX

Speech To Text API Market by Deployment into On-premises; 2018-2028 (US$ Mn)

On-premises Market Revenue and Forecast 2018-2028 (US$ Mn)

On-premises

  • On-premises Market Size and Forecast 2018 to 2028 (US$ Mn)

Speech To Text API Market by Deployment into Cloud-based; 2018-2028 (US$ Mn)

Cloud-based Market Revenue and Forecast 2018-2028 (US$ Mn)

Cloud-based

  • Cloud-based Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into North America, Europe, APAC, South America, Middle East and Africa

The North America is estimated to contribute 41% to the growth of global market during the forecast period 2024-2028.

Largest Segment - North America

41%

Regional share of different regions, including North America, Europe, APAC, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
North America 410.80 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 283.10 XX XX XX XX XX XX XX XX XX XX
APAC XX XX 288.80 XX XX XX XX XX XX XX XX XX
South America XX XX XX 291.00 345.30 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Speech To Text API Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Country into Canada; 2018-2028 (US$ Mn)

Canada Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Country into Germany; 2018-2028 (US$ Mn)

Germany Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Country into China; 2018-2028 (US$ Mn)

China Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Country into Japan; 2018-2028 (US$ Mn)

Japan Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Speech To Text API Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Alphabet Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Amazon.com Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Baidu Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cantab Research Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Deepgram Inc. View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GoVivace Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
iFLYTEK Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
International Business Machines Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Liveperson Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Meta Platforms Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Microsoft Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Otter.ai Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rev.com Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SoundHound AI Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Telefonaktiebolaget LM EricssonView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Twilio Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Verint Systems Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Vocapia Research SASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
VoiceCloud LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
VoxSciences Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Speech To Text API Market Scope

  1. By Component
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Component, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Component, 2024 to 2028
      1. Software
      2. Services
    4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Component, 2024 to 2028
  2. By Deployment
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Deployment, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Deployment, 2024 to 2028
      1. On-premises
      2. Cloud-based
    4. Y-o-Y Growth Trend Analysis By Deployment, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Deployment, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. North America
      2. Europe
      3. APAC
      4. South America
      5. Middle East and Africa
  4. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Canada
      2. US
    4. By Component
    5. By Deployment
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
    4. By Component
    5. By Deployment
  6. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. Japan
    4. By Component
    5. By Deployment
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Component
    4. By Deployment
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Component
    4. By Deployment

Major Companies

Market companies

Name Profile Employees Headquarters Website
Alphabet Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Amazon.com Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Baidu Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cantab Research Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Deepgram Inc. View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GoVivace Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
iFLYTEK Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
International Business Machines Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Liveperson Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Meta Platforms Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Microsoft Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Otter.ai Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rev.com Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SoundHound AI Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Telefonaktiebolaget LM EricssonView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Twilio Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Verint Systems Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Vocapia Research SASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
VoiceCloud LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
VoxSciences Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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