Speech to Text Analytics Market Was Worth USD 8,677 Million in 2030, with a 17.1% CAGR

The report analyzes and forecasts the Speech to Text Analytics Market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2022 to 2030. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global Speech to Text Analytics Market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the Speech to Text Analytics Market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of Speech to Text Analytics Market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

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In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

Speech to Text Analytics Market Market Players as below:

The prominent players of the global speech to text analytics market are Amazon Web Services, Inc., Google LLC, IBM Corporation, Microsoft Corporation, Nuance Communications, Inc., Rev.com, Inc., Speechmatics, Verint Systems, Inc., Vocapia Research SAS, and VoiceBase, Inc.

The major market segments of Speech to Text Analytics Market are as below:

Market By Component

  • Software
  • Services

Market By Deployment Model

  • On-Premise
  • Cloud-Based

Market by Application

  • Contact Center and Customer Management
  • Transcription
  • Fraud Detection
  • Compliance Management
  • Voice Search
  • Others

Market by Industry Vertical

  • BFSI
  • IT and Telecom
  • Healthcare
  • Retail and Consumer Goods
  • Education
  • Media & Entertainment
  • Others

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Table Of Contents:

CHAPTER 1. Industry Overview of Speech to Text Analytics Market

1.1. Definition and Scope

1.1.1. Definition of Speech to Text Analytics

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Speech to Text Analytics Market

1.2. Summary

1.2.1. Executive Summary

1.2.2. Speech to Text Analytics Market By Component

1.2.3. Speech to Text Analytics Market By Deployment Model

1.2.4. Speech to Text Analytics Market By Application

1.2.5. Speech to Text Analytics Market By Industry Vertical

1.2.6. Speech to Text Analytics Market By Region

CHAPTER 2. Research Approach

2.1. Methodology

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Speech to Text Analytics Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Speech to Text Analytics Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Regulatory Compliance

3.9. Competitive Landscape, 2021

3.9.1. Player Positioning Analysis

3.9.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Speech to Text Analytics Market By Component

4.1. Introduction

4.2. Speech to Text Analytics Revenue (USD Million) By Component

4.2.1. Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

4.2.2. Software

4.2.2.1. Software Market Revenue (USD Million) and Growth Rate (%), 2018-2030

4.2.3. Services

4.2.3.1. Services Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 5. Speech to Text Analytics Market By Deployment Model

5.1. Introduction

5.2. Speech to Text Analytics Revenue (USD Million) By Deployment Model

5.2.1. Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

5.2.2. On-Premise

5.2.2.1. On-Premise Market Revenue (USD Million) and Growth Rate (%), 2018-2030

5.2.3. Cloud-Based

5.2.3.1. Cloud-Based Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 6. Speech to Text Analytics Market By Application

6.1. Introduction

6.2. Speech to Text Analytics Revenue (USD Million) By Application

6.2.1. Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

6.2.2. Contact Center and Customer Management

6.2.2.1. Contact Center and Customer Management Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.3. Transcription

6.2.3.1. Transcription Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.4. Fraud Detection

6.2.4.1. Fraud Detection Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.5. Compliance Management

6.2.5.1. Compliance Management Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.6. Voice Search

6.2.6.1. Voice Search Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.7. Others

6.2.7.1. Others Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 7. Speech to Text Analytics Market By Industry Vertical

7.1. Introduction

7.2. Speech to Text Analytics Revenue (USD Million) By Industry Vertical

7.2.1. Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

7.2.2. BFSI

7.2.2.1. BFSI Market Revenue (USD Million) and Growth Rate (%), 2018-2030

7.2.3. IT and Telecom

7.2.3.1. IT and Telecom Market Revenue (USD Million) and Growth Rate (%), 2018-2030

7.2.4. Healthcare

7.2.4.1. Healthcare Market Revenue (USD Million) and Growth Rate (%), 2018-2030

7.2.5. Retail and Consumer Goods

7.2.5.1. Retail and Consumer Goods Market Revenue (USD Million) and Growth Rate (%), 2018-2030

7.2.6. Education

7.2.6.1. Education Market Revenue (USD Million) and Growth Rate (%), 2018-2030

7.2.7. Media & Entertainment

7.2.7.1. Media & Entertainment Market Revenue (USD Million) and Growth Rate (%), 2018-2030

7.2.8. Others

7.2.8.1. Others Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 8. North America Speech to Text Analytics Market By Country 

8.1. North America Speech to Text Analytics Overview

8.2. U.S.

8.2.1. U.S. Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

8.2.2. U.S. Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

8.2.3. U.S. Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

8.2.4. U.S. Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

8.3. Canada

8.3.1. Canada Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

8.3.2. Canada Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

8.3.3. Canada Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

8.3.4. Canada Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

8.4. North America PEST Analysis

CHAPTER 9. Europe Speech to Text Analytics Market By Country

9.1. Europe Speech to Text Analytics Overview

9.2. U.K.

9.2.1. U.K. Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

9.2.2. U.K. Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

9.2.3. U.K. Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

9.2.4. U.K. Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

9.3. Germany

9.3.1. Germany Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

9.3.2. Germany Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

9.3.3. Germany Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

9.3.4. Germany Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

9.4. France

9.4.1. France Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

9.4.2. France Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

9.4.3. France Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

9.4.4. France Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

9.5. Spain

9.5.1. Spain Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

9.5.2. Spain Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

9.5.3. Spain Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

9.5.4. Spain Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

9.6. Rest of Europe

9.6.1. Rest of Europe Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

9.6.2. Rest of Europe Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

9.6.3. Rest of Europe Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

9.6.4. Rest of Europe Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

9.7. Europe PEST Analysis

CHAPTER 10. Asia Pacific Speech to Text Analytics Market By Country

10.1. Asia Pacific Speech to Text Analytics Overview

10.2. China

10.2.1. China Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

10.2.2. China Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

10.2.3. China Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

10.2.4. China Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

10.3. Japan

10.3.1. Japan Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

10.3.2. Japan Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

10.3.3. Japan Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

10.3.4. Japan Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

10.4. India

10.4.1. India Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

10.4.2. India Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

10.4.3. India Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

10.4.4. India Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

10.5. Australia

10.5.1. Australia Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

10.5.2. Australia Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

10.5.3. Australia Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

10.5.4. Australia Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

10.6. South Korea

10.6.1. South Korea Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

10.6.2. South Korea Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

10.6.3. South Korea Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

10.6.4. South Korea Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

10.7.2. Rest of Asia-Pacific Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

10.7.3. Rest of Asia-Pacific Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

10.7.4. Rest of Asia-Pacific Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

10.8. Asia Pacific PEST Analysis

CHAPTER 11. Latin America Speech to Text Analytics Market By Country

11.1. Latin America Speech to Text Analytics Overview

11.2. Brazil

11.2.1. Brazil Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

11.2.2. Brazil Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

11.2.3. Brazil Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

11.2.4. Brazil Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

11.3. Mexico

11.3.1. Mexico Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

11.3.2. Mexico Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

11.3.3. Mexico Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

11.3.4. Mexico Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

11.4. Rest of Latin America

11.4.1. Rest of Latin America Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

11.4.2. Rest of Latin America Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

11.4.3. Rest of Latin America Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

11.4.4. Rest of Latin America Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

11.5. Latin America PEST Analysis

CHAPTER 12. Middle East & Africa Speech to Text Analytics Market By Country 

12.1. Middle East & Africa Speech to Text Analytics Overview

12.2. GCC

12.2.1. GCC Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

12.2.2. GCC Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

12.2.3. GCC Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

12.2.4. GCC Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

12.3. South Africa

12.3.1. South Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

12.3.2. South Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

12.3.3. South Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

12.3.4. South Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Component, 2018-2030

12.4.2. Rest of Middle East & Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Deployment Model, 2018-2030

12.4.3. Rest of Middle East & Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Application, 2018-2030

12.4.4. Rest of Middle East & Africa Speech to Text Analytics Revenue (USD Million) and Forecast By Industry Vertical, 2018-2030

12.5. Middle East & Africa PEST Analysis

CHAPTER 13. Player Analysis Of Speech to Text Analytics Market

13.1. Speech to Text Analytics Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Speech to Text Analytics Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14. Company Profile

14.1. Amazon Web Services, Inc.

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Million), 2021

14.1.3.2. Amazon Web Services, Inc. 2021 Speech to Text Analytics Business Regional Distribution

14.1.4. Product/Service and Specification

14.1.5. Recent Developments & Business Strategy

14.1.6. Manufacturing Plant Footprint Analysis

14.2. Google LLC

14.3. IBM Corporation

14.4. Microsoft Corporation

14.5. Nuance Communications, Inc.

14.6. Rev.com, Inc.

14.7. Speechmatics

14.8. Verint Systems, Inc.

14.9. Vocapia Research SAS

14.10. VoiceBase, Inc.

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