Speech and Language Processing Market, Global Outlook and Forecast 2024-2030

The global Speech and Language Processing market was valued at US$ 26.6 billion in 2023 and is predicted to reach US$ 68.3 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period (2023-2030).


The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.

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Machine Translation Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Speech and Language Processing include AISpeech, Iodine, Inference Solutions, Microsoft, IBM, 3M, Amazon AWS, SAS and Google, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for Speech and Language Processing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Speech and Language Processing. This report contains market size and forecasts of Speech and Language Processing in global, including the following market information:

Global Speech and Language Processing Market Revenue, 2019-2024, 2025-2030, ($ millions)

Global top five companies in 2023 (%)

We has surveyed the Speech and Language Processing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Speech and Language Processing Market, by Type, 2019-2024, 2025-2030 ($ millions)

Global Speech and Language Processing Market Segment Percentages, by Type, 2023 (%)


  • Machine Translation
  • Information Extraction
  • Text and Voice Processing
  • Others


Global Speech and Language Processing Market, by Application, 2019-2024, 2025-2030 ($ millions)

Global Speech and Language Processing Market Segment Percentages, by Application, 2023 (%)


  • Large Enterprises
  • Small and Medium Enterprises


Global Speech and Language Processing Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)

Global Speech and Language Processing Market Segment Percentages, By Region and Country, 2023 (%)


  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Speech and Language Processing revenues in global market, 2019-2024 (estimated), ($ millions)
  • Key companies Speech and Language Processing revenues share in global market, 2023 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • AISpeech
  • Iodine
  • Inference Solutions
  • Microsoft
  • IBM
  • 3M
  • Amazon AWS
  • SAS
  • Google
  • Appen
  • Dolbey Systems
  • IQVIA Linguamatics
  • Verint Systems
  • NetBase Quid
  • HPE
  • Baidu
  • Huawei


Outline of Major Chapters:

Chapter 1: Introduces the definition of Speech and Language Processing, market overview.

Chapter 2: Global Speech and Language Processing market size in revenue.

Chapter 3: Detailed analysis of Speech and Language Processing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Speech and Language Processing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports

1.1 Speech and Language Processing Market Definition

1.2 Market Segments

1.2.1 Market by Type

1.2.2 Market by Application

1.3 Global Speech and Language Processing Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global Speech and Language Processing Overall Market Size

2.1 Global Speech and Language Processing Market Size: 2023 VS 2030

2.2 Global Speech and Language Processing Market Size, Prospects & Forecasts: 2019-2030

2.3 Key Market Trends, Opportunity, Drivers and Restraints

2.3.1 Market Opportunities & Trends

2.3.2 Market Drivers

2.3.3 Market Restraints

3 Company Landscape

3.1 Top Speech and Language Processing Players in Global Market

3.2 Top Global Speech and Language Processing Companies Ranked by Revenue

3.3 Global Speech and Language Processing Revenue by Companies

3.4 Top 3 and Top 5 Speech and Language Processing Companies in Global Market, by Revenue in 2023

3.5 Global Companies Speech and Language Processing Product Type

3.6 Tier 1, Tier 2 and Tier 3 Speech and Language Processing Players in Global Market

3.6.1 List of Global Tier 1 Speech and Language Processing Companies

3.6.2 List of Global Tier 2

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