Far-Field Speech and Voice Recognition Market - Global Forecast to 2028

Table of Content

1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 31
1.3 INCLUSIONS AND EXCLUSIONS 32
1.4 STUDY SCOPE 33
1.4.1 MARKETS COVERED 33
FIGURE 1 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET SEGMENTATION 33
1.4.2 REGIONS COVERED 33
1.4.3 YEARS CONSIDERED 34
1.5 CURRENCY CONSIDERED 34
1.6 LIMITATIONS 34
1.7 STAKEHOLDERS 35
1.8 SUMMARY OF CHANGES 35
1.9 RECESSION ANALYSIS 36
2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 2 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY DATA 38
2.1.1.1 Key secondary sources 38
2.1.1.2 Key data from secondary sources 39
2.1.2 PRIMARY DATA 39
2.1.2.1 Primary interviews with experts 39
2.1.2.2 Breakdown of primary interviews 40
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 40
2.1.2.3 Key data from primary sources 41
2.1.3 SECONDARY AND PRIMARY RESEARCH 42
2.1.3.1 Key industry insights 43
2.2 MARKET SIZE ESTIMATION 43
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE OF MARKET PLAYERS 44
2.2.1 BOTTOM-UP APPROACH 44
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 45
2.2.1.1 Approach for capturing market size using bottom-up analysis (demand side) 45
2.2.2 TOP-DOWN APPROACH 46
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 46
2.2.2.1 Approach for capturing market size using top-down analysis (supply side) 46
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 47
FIGURE 7 DATA TRIANGULATION 47
2.4 RESEARCH ASSUMPTIONS 48
FIGURE 8 RESEARCH ASSUMPTIONS 48
2.5 RECESSION IMPACT ANALYSIS 49
2.6 RISK ASSESSMENT 49
TABLE 1 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: RISK ASSESSMENT 49
2.7 RESEARCH LIMITATIONS 50
3 EXECUTIVE SUMMARY 51
3.1 RECESSION ANALYSIS 51
FIGURE 9 GDP GROWTH PROJECTIONS TILL 2023 FOR MAJOR ECONOMIES 51
FIGURE 10 RECESSION IMPACT ON FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, 2019–2028 (USD MILLION) 52
FIGURE 11 DIGITAL SIGNAL PROCESSORS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 53
FIGURE 12 CIRCULAR ARRAYS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 54
FIGURE 13 SMART SPEAKERS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 54
FIGURE 14 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 55
4 PREMIUM INSIGHTS 56
4.1 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET OVERVIEW 56
FIGURE 15 INCREASING ADOPTION OF VIRTUAL ASSISTANTS AND SMART SPEAKERS TO BOOST MARKET DURING FORECAST PERIOD 56
4.2 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT 57
FIGURE 16 DIGITAL SIGNAL PROCESSORS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 57
4.3 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY MICROPHONE SOLUTION AND APPLICATION 57
FIGURE 17 CIRCULAR ARRAYS AND SMART SPEAKERS TO HOLD LARGEST MARKET SHARES IN 2023 57
4.4 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION 58
FIGURE 18 NORTH AMERICA TO HAVE LARGEST SHARE OF FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET IN 2023 58
4.5 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY 58
FIGURE 19 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET IN CHINA TO GROW AT HIGHEST CAGR FROM 2023 TO 2028 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 59
FIGURE 20 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 59
5.2.1 DRIVERS 60
5.2.1.1 Enhanced accuracy through advanced front-end hardware 60
5.2.1.2 Increasing adoption of voice control-based smart speakers 60
5.2.1.3 Technological advancement of deep learning-based far-field microphones 61
FIGURE 21 DRIVERS FOR FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 62
5.2.2 RESTRAINTS 62
5.2.2.1 Privacy threats 62
5.2.2.2 Lack of accuracy in noisy and harsh environments 63
FIGURE 22 RESTRAINTS FOR FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 63
5.2.3 OPPORTUNITIES 63
5.2.3.1 Expansion into multilingual and global markets 63
5.2.3.2 Deployment in smart home devices 64
5.2.3.3 Increasing application in service robotics 65
FIGURE 23 OPPORTUNITIES FOR GLOBAL FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 65
5.2.4 CHALLENGES 66
5.2.4.1 Power issues and lack of standardization 66
FIGURE 24 CHALLENGES FOR FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET AND THEIR IMPACT 66
5.3 TECHNOLOGY ANALYSIS 66
5.3.1 NEURAL NETWORK-BASED SPEECH RECOGNITION 66
5.3.2 ACOUSTIC ECHO CANCELLATION (AEC) 67
5.3.3 BEAMFORMING AND MICROPHONE ARRAYS 68
5.4 VALUE CHAIN ANALYSIS 69
FIGURE 25 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: VALUE CHAIN ANALYSIS 69
5.5 ECOSYSTEM ANALYSIS 71
FIGURE 26 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: ECOSYSTEM ANALYSIS 71
TABLE 2 FAR-FILED SPEECH AND VOICE RECOGNITION MARKET: ROLE OF COMPANIES IN ECOSYSTEM 72
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 73
FIGURE 27 TRENDS/DISRUPTIONS IN FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET 73
5.7 PORTER’S FIVE FORCES ANALYSIS 73
TABLE 3 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: PORTER’S FIVE FORCES ANALYSIS 74
5.7.1 INTENSITY OF COMPETITIVE RIVALRY 74
5.7.2 BARGAINING POWER OF SUPPLIERS 74
5.7.3 BARGAINING POWER OF BUYERS 74
5.7.4 THREAT OF SUBSTITUTES 74
5.7.5 THREAT OF NEW ENTRANTS 75
5.8 AVERAGE SELLING PRICE ANALYSIS 75
FIGURE 28 AVERAGE SELLING PRICE ANALYSIS OF FAR-FIELD MICROPHONES OFFERED BY MARKET PLAYERS FOR TOP THREE APPLICATIONS 75
TABLE 4 AVERAGE SELLING PRICE ANALYSIS OF FAR-FIELD MICROPHONES BY MARKET PLAYERS FOR TOP THREE APPLICATIONS 76
FIGURE 29 AVERAGE SELLING PRICE ANALYSIS OF FAR-FIELD DSP/PROCESSORS OFFERED BY MARKET PLAYERS FOR TOP THREE APPLICATIONS 76
TABLE 5 AVERAGE SELLING PRICE ANALYSIS OF FAR-FIELD DSP/PROCESSORS BY MARKET PLAYERS FOR TOP THREE APPLICATIONS 77
5.9 CASE STUDY ANALYSIS 77
5.9.1 USE CASE 1: ARKX LABORATORIES ENABLED ROBUST FAR-FIELD VOICE CONTROL IN CHALLENGING ENVIRONMENTS 77
5.9.2 USE CASE 2: ARKX AFE ENHANCED VOICE INTERACTION IN SELF-SERVICE KIOSKS 78
5.9.3 USE CASE 3: ALEXA HELPED HAWAII PACIFIC HEALTH TO ENHANCE PATIENT EXPERIENCE THROUGH QUERY RESOLUTION 78
5.10 TRADE ANALYSIS 79
FIGURE 30 IMPORT DATA FOR HS CODE 851810, BY COUNTRY, 2018–2022 79
FIGURE 31 EXPORT DATA FOR HS CODE 851810, BY COUNTRY, 2018–2022 80
FIGURE 32 IMPORT DATA FOR HS CODE 854231, BY COUNTRY, 2018–2022 81
FIGURE 33 EXPORT DATA FOR HS CODE 854231, BY COUNTRY, 2018–2022 82
5.11 PATENT ANALYSIS 83
FIGURE 34 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022 83
FIGURE 35 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 83
TABLE 6 LIST OF TOP PATENT OWNERS IN LAST 10 YEARS 84
5.11.1 LIST OF MAJOR PATENTS 85
TABLE 7 LIST OF MAJOR PATENTS 85
5.12 KEY CONFERENCES AND EVENTS IN 2023–2024 86
TABLE 8 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: KEY CONFERENCES AND EVENTS 86
5.13 TARIFF ANALYSIS 87
TABLE 9 MFN TARIFF FOR HS CODE 851810 EXPORTED BY US 88
TABLE 10 MFN TARIFF FOR HS CODE 851810 EXPORTED BY CHINA 88
TABLE 11 MFN TARIFF FOR HS CODE 854231 EXPORTED BY US 89
TABLE 12 MFN TARIFF FOR HS CODE 854231 EXPORTED BY CHINA 89
5.14 STANDARDS AND REGULATORY LANDSCAPE 90
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
5.14.2 REGULATORY STANDARDS 94
5.14.2.1 ISO/IEC 19794-2 94
5.14.2.2 ISO/IEC 30107 94
5.14.2.3 Federal Information Processing Standards 94
5.14.2.4 European Telecommunications Standards Institute 94
5.14.2.5 ANSI/CTA-2082 94
5.14.2.6 EU RED Directive 94
5.14.3 GOVERNMENT REGULATIONS 94
5.14.3.1 US 94
5.14.3.2 European Union 95
5.14.3.3 China 95
5.14.3.4 Japan 95
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 95
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 95
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 95
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%) 96
5.15.2 BUYING CRITERIA 96
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 96
TABLE 18 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 97
6 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT 98
6.1 INTRODUCTION 99
FIGURE 38 DIGITAL SIGNAL PROCESSORS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 100
TABLE 19 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (MILLION UNITS) 100
TABLE 20 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS) 100
TABLE 21 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 101
TABLE 22 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 101
6.2 MICROPHONES 101
6.2.1 RISING DEMAND FOR VOICE-CONTROLLED DEVICES TO FUEL MARKET 101
FIGURE 39 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET FOR MICROPHONES DURING FORECAST PERIOD 102
TABLE 23 MICROPHONES: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 24 MICROPHONES: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 103
TABLE 25 MICROPHONES: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 103
TABLE 26 MICROPHONES: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 103
6.3 DIGITAL SIGNAL PROCESSORS 104
6.3.1 DEMAND FOR IMPROVED ACCURACY AND RELIABILITY IN DIGITAL COMMUNICATION TO DRIVE MARKET 104
FIGURE 40 NORTH AMERICA TO LEAD MARKET FOR DIGITAL SIGNAL PROCESSORS DURING FORECAST PERIOD 105
TABLE 27 DIGITAL SIGNAL PROCESSORS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 28 DIGITAL SIGNAL PROCESSORS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 105
TABLE 29 DIGITAL SIGNAL PROCESSORS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 106
TABLE 30 DIGITAL SIGNAL PROCESSORS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 106
6.4 SOFTWARE 106
6.4.1 CONTINUOUS ADVANCEMENTS IN AI, ML, AND SIGNAL PROCESSING TO ACCELERATE MARKET GROWTH 106
FIGURE 41 NORTH AMERICA TO DOMINATE FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET IN SOFTWARE SEGMENT DURING FORECAST PERIOD 107
TABLE 31 SOFTWARE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 108
TABLE 32 SOFTWARE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 108
TABLE 33 SOFTWARE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 108
TABLE 34 SOFTWARE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 109
7 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY MICROPHONE SOLUTION 110
7.1 INTRODUCTION 111
FIGURE 42 CIRCULAR ARRAYS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 111
TABLE 35 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY MICROPHONE SOLUTION, 2019–2022 (MILLION UNITS) 112
TABLE 36 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY MICROPHONE SOLUTION, 2023–2028 (MILLION UNITS) 112
TABLE 37 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY MICROPHONE SOLUTION, 2019–2022 (USD MILLION) 112
TABLE 38 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY MICROPHONE SOLUTION, 2023–2028 (USD MILLION) 112
7.2 SINGLE MICROPHONE 113
7.2.1 MAJOR APPLICATIONS IN IOT DEVICES TO DRIVE MARKET 113
7.3 LINEAR ARRAYS 113
7.3.1 DEMAND FOR SOUND LOCALIZATION AND IMPROVED VOICE RECOGNITION TO DRIVE MARKET 113
7.4 CIRCULAR ARRAYS 114
7.4.1 360-DEGREE COVERAGE TO BOOST DEMAND 114
8 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION 115
8.1 INTRODUCTION 116
FIGURE 43 SMART SPEAKERS TO DOMINATE MARKET DURING FORECAST PERIOD 117
TABLE 39 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (MILLION UNITS) 117
TABLE 40 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS) 118
TABLE 41 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 118
TABLE 42 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 118
8.2 SMART TV/STB 119
8.2.1 INCREASING DEMAND FOR HANDS-FREE AND INTUITIVE CONTROL TO FUEL MARKET 119
TABLE 43 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (MILLION UNITS) 119
TABLE 44 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS) 119
TABLE 45 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 120
TABLE 46 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 120
TABLE 47 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (MILLION UNITS) 120
TABLE 48 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (MILLION UNITS) 120
TABLE 49 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 50 SMART TV/STB: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 121
8.3 SMART SPEAKERS 121
8.3.1 RISING DEMAND FOR VOICE-ENABLED SMART HOME DEVICES TO DRIVE MARKET 121
TABLE 51 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (MILLION UNITS) 122
TABLE 52 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS) 122
TABLE 53 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 122
TABLE 54 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 123
TABLE 55 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (MILLION UNITS) 123
TABLE 56 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (MILLION UNITS) 123
TABLE 57 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 58 SMART SPEAKERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 124
8.4 AUTOMOTIVE 124
8.4.1 RISING DEMAND FOR CONNECTED CARS TO BOOST MARKET 124
TABLE 59 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (MILLION UNITS) 125
TABLE 60 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS) 125
TABLE 61 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 126
TABLE 62 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 126
TABLE 63 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (MILLION UNITS) 126
TABLE 64 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (MILLION UNITS) 126
TABLE 65 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 66 AUTOMOTIVE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 127
8.5 ROBOTICS 127
8.5.1 ADOPTION OF HOUSEHOLD ROBOTS TO DRIVE DEMAND 127
TABLE 67 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (MILLION UNITS) 128
TABLE 68 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS) 128
TABLE 69 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 128
TABLE 70 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 129
TABLE 71 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (MILLION UNITS) 129
TABLE 72 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (MILLION UNITS) 129
TABLE 73 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 130
TABLE 74 ROBOTICS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 130
8.6 OTHERS 130
TABLE 75 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (MILLION UNITS) 131
TABLE 76 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS) 131
TABLE 77 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 131
TABLE 78 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 132
TABLE 79 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (MILLION UNITS) 132
TABLE 80 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (MILLION UNITS) 132
TABLE 81 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 82 OTHERS: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 133
9 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION 134
9.1 INTRODUCTION 135
FIGURE 44 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 135
TABLE 83 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (MILLION UNITS) 136
TABLE 84 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (MILLION UNITS) 136
TABLE 85 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 136
TABLE 86 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 137
9.2 NORTH AMERICA 137
9.2.1 NORTH AMERICA: RECESSION IMPACT 137
FIGURE 45 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 138
FIGURE 46 US TO DOMINATE NORTH AMERICAN MARKET DURING FORECAST PERIOD 139
TABLE 87 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 139
TABLE 88 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 139
TABLE 89 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 140
TABLE 90 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 140
TABLE 91 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 140
TABLE 92 NORTH AMERICA: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 141
9.2.2 US 141
9.2.2.1 Improved focus on voice-enabled applications for automotive, healthcare, and retail sectors to fuel demand 141
9.2.3 CANADA 142
9.2.3.1 Technological advancements in AI and ML to drive market 142
9.2.4 MEXICO 142
9.2.4.1 Development of voice recognition systems tailored to local language, accents, and cultural preferences to propel market 142
9.3 EUROPE 143
9.3.1 EUROPE: RECESSION IMPACT 143
FIGURE 47 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 144
FIGURE 48 GERMANY TO DOMINATE EUROPEAN MARKET DURING FORECAST PERIOD 145
TABLE 93 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 145
TABLE 94 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 145
TABLE 95 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 146
TABLE 96 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 146
TABLE 97 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 146
TABLE 98 EUROPE: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 147
9.3.2 GERMANY 147
9.3.2.1 High demand for voice-controlled devices to propel market 147
9.3.3 UK 148
9.3.3.1 Rising penetration of voice-controlled smart TV in domestic households to augment market growth 148
9.3.4 FRANCE 148
9.3.4.1 Increasing adoption of voice-enabled devices to boost market 148
9.3.5 ITALY 149
9.3.5.1 Integration of voice recognition in vehicles by luxury auto brands to drive market 149
9.3.6 REST OF EUROPE 149
9.4 ASIA PACIFIC 150
9.4.1 ASIA PACIFIC: RECESSION IMPACT 150
FIGURE 49 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET SNAPSHOT 151
FIGURE 50 CHINA TO DOMINATE ASIA PACIFIC MARKET DURING FORECAST PERIOD 152
TABLE 99 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 152
TABLE 100 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 152
TABLE 101 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 153
TABLE 102 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 153
TABLE 103 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 153
TABLE 104 ASIA PACIFIC: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 154
9.4.2 CHINA 154
9.4.2.1 Robust presence of key market players to support market 154
9.4.3 INDIA 155
9.4.3.1 Increased prevalence of mobile and Internet users to expand market growth 155
9.4.4 JAPAN 155
9.4.4.1 Rapid deployment of AI into innovative robotic devices to fuel market 155
9.4.5 SOUTH KOREA 156
9.4.5.1 Technological innovations and tax incentives to provide impetus to market growth 156
9.4.6 REST OF ASIA PACIFIC 156
9.5 ROW 157
9.5.1 ROW: RECESSION IMPACT 157
TABLE 105 ROW: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2019–2022 (USD MILLION) 158
TABLE 106 ROW: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION) 158
TABLE 107 ROW: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 158
TABLE 108 ROW: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 159
TABLE 109 ROW: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 159
TABLE 110 ROW: FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 159
9.5.2 SOUTH AMERICA 160
9.5.2.1 Smart home and consumer applications to spur market growth 160
9.5.3 MIDDLE EAST & AFRICA 160
9.5.3.1 Strong focus on digital transformation to contribute to market growth 160
10 COMPETITIVE LANDSCAPE 161
10.1 OVERVIEW 161
10.1.1 KEY GROWTH STRATEGIES ADOPTED BY LEADING PLAYERS IN FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET 161
TABLE 111 KEY GROWTH STRATEGIES ADOPTED BY LEADING PLAYERS IN FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET 161
10.2 REVENUE ANALYSIS 163
FIGURE 51 REVENUE ANALYSIS OF TOP 5 COMPANIES IN FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, 2020–2022 163
10.3 MARKET SHARE ANALYSIS (2022) 163
TABLE 112 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: DEGREE OF COMPETITION 164
10.4 COMPANY EVALUATION MATRIX 165
10.4.1 STARS 166
10.4.2 EMERGING LEADERS 166
10.4.3 PERVASIVE PLAYERS 166
10.4.4 PARTICIPANTS 166
FIGURE 52 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET, COMPANY EVALUATION MATRIX, 2022 167
10.5 STARTUP/SME EVALUATION MATRIX 168
TABLE 113 STARTUPS IN FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET 168
10.5.1 PROGRESSIVE COMPANIES 169
10.5.2 RESPONSIVE COMPANIES 169
10.5.3 DYNAMIC COMPANIES 169
10.5.4 STARTING BLOCKS 170
FIGURE 53 STARTUP/SME EVALUATION MATRIX, 2022 170
TABLE 114 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: LIST OF KEY STARTUPS 171
10.6 COMPETITIVE BENCHMARKING 172
TABLE 115 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SME 172
10.7 FAR-FIELD SPEECH AND VOICE RECOGNITION MARKET: COMPANY FOOTPRINT 173
TABLE 116 COMPANY FOOTPRINT 173
TABLE 117 COMPANY COMPONENT FOOTPRINT 174
TABLE 118 COMPANY MICROPHONE SOLUTION FOOTPRINT 175
TABLE 119 COMPANY APPLICATION FOOTPRINT 176
TABLE 120 COMPANY REGIONAL FOOTPRINT 177
10.8 COMPETITIVE SCENARIOS AND TRENDS 178
10.8.1 PRODUCT LAUNCHES 178
TABLE 121 PRODUCT LAUNCHES, 2019–2023 178
10.8.2 DEALS 180
TABLE 122 DEALS, 2020–2023 181
11 COMPANY PROFILES 185
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
11.1 KEY PLAYERS 185
11.1.1 QUALCOMM INCORPORATED 185
TABLE 123 QUALCOMM INCORPORATED: COMPANY OVERVIEW 185
FIGURE 54 QUALCOMM INCORPORATED: COMPANY SNAPSHOT 186
TABLE 124 QUALCOMM INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 186
TABLE 125 QUALCOMM INCORPORATED: PRODUCT LAUNCHES 187
TABLE 126 QUALCOMM INCORPORATED: DEALS 188
11.1.2 HARMAN INTERNATIONAL 190
TABLE 127 HARMAN INTERNATIONAL: COMPANY OVERVIEW 190
FIGURE 55 HARMAN INTERNATIONAL: COMPANY SNAPSHOT 190
TABLE 128 HARMAN INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
TABLE 129 HARMAN INTERNATIONAL: PRODUCT LAUNCHES 191
TABLE 130 HARMAN INTERNATIONAL: DEALS 192
11.1.3 STMICROELECTRONICS 193
TABLE 131 STMICROELECTRONICS: COMPANY OVERVIEW 193
FIGURE 56 STMICROELECTRONICS: COMPANY SNAPSHOT 194
TABLE 132 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
TABLE 133 STMICROELECTRONICS: PRODUCT LAUNCHES 195
TABLE 134 STMICROELECTRONICS: DEALS 196
11.1.4 SYNAPTICS INCORPORATED 198
TABLE 135 SYNAPTICS INCORPORATED: COMPANY OVERVIEW 198
FIGURE 57 SYNAPTICS INCORPORATED: COMPANY SNAPSHOT 199
TABLE 136 SYNAPTICS INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 199
TABLE 137 SYNAPTICS INCORPORATED: DEALS 200
11.1.5 NXP SEMICONDUCTORS 202
TABLE 138 NXP SEMICONDUCTORS: COMPANY OVERVIEW 202
FIGURE 58 NXP SEMICONDUCTORS: COMPANY SNAPSHOT 203
TABLE 139 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 140 NXP SEMICONDUCTORS: PRODUCT LAUNCHES 205
TABLE 141 NXP SEMICONDUCTORS: DEALS 206
11.1.6 KNOWLES CORPORATION 208
TABLE 142 KNOWLES CORPORATION: COMPANY OVERVIEW 208
FIGURE 59 KNOWLES CORPORATION: COMPANY SNAPSHOT 209
TABLE 143 KNOWLES CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 144 KNOWLES CORPORATION: PRODUCT LAUNCHES 210
TABLE 145 KNOWLES CORPORATION: DEALS 210
11.1.7 ANDREA ELECTRONICS 212
TABLE 146 ANDREA ELECTRONICS: COMPANY OVERVIEW 212
FIGURE 60 ANDREA ELECTRONICS: COMPANY SNAPSHOT 213
TABLE 147 ANDREA ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 148 ANDREA ELECTRONICS: PRODUCT LAUNCHES 215
TABLE 149 ANDREA ELECTRONICS: DEALS 215
11.1.8 CIRRUS LOGIC 216
TABLE 150 CIRRUS LOGIC: COMPANY OVERVIEW 216
FIGURE 61 CIRRUS LOGIC: COMPANY SNAPSHOT 217
TABLE 151 CIRRUS LOGIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 152 CIRRUS LOGIC: PRODUCT LAUNCHES 218
TABLE 153 CIRRUS LOGIC: DEALS 219
11.1.9 MICROCHIP TECHNOLOGY INC. 220
TABLE 154 MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW 220
FIGURE 62 MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT 221
TABLE 155 MICROCHIP TECHNOLOGY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
TABLE 156 MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES 222
TABLE 157 MICROCHIP TECHNOLOGY INC.: DEALS 223
TABLE 158 MICROCHIP TECHNOLOGY INC.: OTHERS 223
11.1.10 INFINEON TECHNOLOGIES AG 224
TABLE 159 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW 224
FIGURE 63 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT 225
TABLE 160 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 161 INFINEON TECHNOLOGIES AG: