Fact · Speech recognition
17billion US dollars
Market.us says the global speech and voice recognition market was about 17 billion US dollars in 2023.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“The global speech and voice recognition market size is expected to be worth around USD 83 billion by 2032 from USD 17 billion in 2023”
Speech and Voice Recognition Market Size | CAGR of 20%, Market.us, Market.us, 2024, Report overview.
Open the original- What it measures
- Market.us's report page for its global speech and voice recognition market report. The page's FAQ gives 14 billion for 2022, a year earlier.
- What it does not show
- A rounded figure ('around USD') from a market research firm, not a measurement. The page does not state its method or market definition.
In the data
A row of Speech Recognition Market Size: Every Estimate Compared, as Market.us 2023: 17 billion US dollars.
- Market
- Speech and voice recognition
- Figure
- Size in a past year
- Year described
- 2023
- Estimated by
- Market.us
- Growth rate stated (percent a year)
- 20
- Region
- Worldwide
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.