Fact · Speech recognition
15.2billion US dollars
Straits Research says the global speech recognition market was valued at 15.2 billion US dollars in 2025.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“The global speech recognition market size was valued at USD 15.2 billion in 2025 and is projected to grow from USD 17.49 billion in 2026 to USD 53.81 billion by 2034, registering a CAGR of 15.08%”
Speech Recognition Market Size, Share, Growth, 2034, Straits Research, Straits Research, 2026, Report page, market overview.
Open the original- What it measures
- Straits Research's report page for its global speech recognition market report. 2025 is a year before the page's own year, 2026.
- What it does not show
- A market research firm's estimate, not a measurement. The page does not state its method, or whether the market covers software only or services too.
In the data
A row of Speech Recognition Market Size: Every Estimate Compared, as Straits 2025: 15.2 billion US dollars.
- Market
- Speech and voice recognition
- Figure
- Size in a past year
- Year described
- 2025
- Estimated by
- Straits Research
- Growth rate stated (percent a year)
- 15.08
- 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.