Fact · Speech recognition
51.52billion US dollars
The Business Research Company forecasts that the global speech and voice recognition market will reach 51.52 billion US dollars in 2030, at a compound annual growth rate of 21.6 percent.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“Expected to grow to $51.52 billion in 2030 at a compound annual growth rate (CAGR) of 21.6%”
Speech and Voice Recognition Market Report 2026 Global Outlook, The Business Research Company, 2026, Market overview.
Open the original- What it measures
- A forecast on the firm's summary page for its speech and voice recognition report. The page's JSON-LD summary gives the growth period as 2026 to 2030.
- What it does not show
- A forecast by a market research firm, which rests on its growth assumptions. The page does not show its method, and the figure is for a later year than the report.
In the data
A row of Speech Recognition Market Size: Every Estimate Compared, as The Business Research Company 2030: 51.52 billion US dollars.
- Market
- Speech and voice recognition
- Figure
- Forecast
- Year described
- 2030
- 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.