Fact · Speech recognition
23.58billion US dollars
The Business Research Company estimates that the global speech and voice recognition market will reach 23.58 billion US dollars in 2026, up from 19.34 billion in 2025.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“It will grow from $19.34 billion in 2025 to $23.58 billion in 2026 at a compound annual growth rate (CAGR) of 21.9%.”
Speech and Voice Recognition Market Report 2026 Global Outlook, The Business Research Company, 2026, Market overview: What Is The Speech and Voice Recognition Market Size and Share 2026?.
Open the original- What it measures
- The firm's estimate for the year of its report, on the summary page. The 21.9 percent in the quote is the growth from 2025 to 2026 as the page states it, not a multi-year rate.
- What it does not show
- An estimate by a market research firm for the current year, not a measured total. The page does not show its method.
In the data
A row of Speech Recognition Market Size: Every Estimate Compared, as The Business Research Company 2026: 23.58 billion US dollars.
- Market
- Speech and voice recognition
- Figure
- Size this year (estimate)
- Year described
- 2026
- Estimated by
- The Business Research Company
- Region
- Worldwide
- Published
- 2026
Source
Used to calculate
- In the speech and voice recognition market size estimates dataset, the 16 published figures for “Speech and voice recognition” have a median of 21.66 billion US dollars, ranging from 9.66 to 83.
- The speech and voice recognition market size estimates dataset holds 32 data points, each a published figure traced to its source.
- The speech and voice recognition market size estimates dataset draws on 12 distinct sources.