Global Speech-to-text API Market Research Report 2021
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Research Predicts that Speech-to-text API Market Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.
Global Speech-to-text API Market Market Overview:
Global Speech-to-text API Market Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Speech-to-text API Market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
Impact of COVID-19 on Speech-to-text API Market Market
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Speech-to-text API Market market in 2020.
Global Speech-to-text API Market Market Segmentation
By Type, Speech-to-text API Market market has been segmented into:
On-premises
Cloud
By Application, Speech-to-text API Market market has been segmented into:
Financial Services and Insurance
Telecommunications and Information Technology
Health Care
Retail and E-commerce
Government and Defense
Others
Regional Analysis:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Top Key Players Covered in Speech-to-text API Market market are:
Google (US)
Microsoft (US)
IBM (US)
AWS (US)
Nuance Communications (US)
Verint (US)
Speechmatics (England)
Vocapia Research (France)
Twilio (US)
Baidu (China)
Facebook (US)
iFLYTEK (China)
Govivace (US)
Deepgram (US)
Nexmo (US)
VoiceBase (US)
Otter.ai (US)
Voci (US)
GL Communications (US)
Contus (India)
1. Market Overview of Speech-to-text API Market
1.1 Speech-to-text API Market Market Overview
1.1.1 Speech-to-text API Market Product Scope
1.1.2 Market Status and Outlook
1.2 Speech-to-text API Market Market Size by Regions: 2015 VS 2021 VS 2026
1.3 Speech-to-text API Market Historic Market Size by Regions (2015-2020)
1.4 Speech-to-text API Market Forecasted Market Size by Regions (2021-2026)
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Speech-to-text API Market Sales Market by Type (2015-2026)
2.1 Global Speech-to-text API Market Historic Market Size by Type (2015-2020)
2.2 Global Speech-to-text API Market Forecasted Market Size by Type (2021-2026)
2.3 On-premises
2.4 Cloud
3. Covid-19 Impact Speech-to-text API Market Sales Market by Application (2015-2026)
3.1 Global Speech-to-text API Market Historic Market Size by Application (2015-2020)
3.2 Global Speech-to-text API Market Forecasted Market Size by Application (2021-2026)
3.3 Financial Services and Insurance
3.4 Telecommunications and Information Technology
3.5 Health Care
3.6 Retail and E-commerce
3.7 Government and Defense
3.8 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Speech-to-text API Market Production Capacity Market Share by Manufacturers (2015-2020)
4.2 Global Speech-to-text API Market Revenue Market Share by Manufacturers (2015-2020)
4.3 Global Speech-to-text API Market Average Price by Manufacturers (2015-2020)
5. Company Profiles and Key Figures in Speech-to-text API Market Business
5.1 Google (US)
5.1.1 Google (US) Company Profile
5.1.2 Google (US) Speech-to-text API Market Product Specification
5.1.3 Google (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.2 Microsoft (US)
5.2.1 Microsoft (US) Company Profile
5.2.2 Microsoft (US) Speech-to-text API Market Product Specification
5.2.3 Microsoft (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.3 IBM (US)
5.3.1 IBM (US) Company Profile
5.3.2 IBM (US) Speech-to-text API Market Product Specification
5.3.3 IBM (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.4 AWS (US)
5.4.1 AWS (US) Company Profile
5.4.2 AWS (US) Speech-to-text API Market Product Specification
5.4.3 AWS (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.5 Nuance Communications (US)
5.5.1 Nuance Communications (US) Company Profile
5.5.2 Nuance Communications (US) Speech-to-text API Market Product Specification
5.5.3 Nuance Communications (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.6 Verint (US)
5.6.1 Verint (US) Company Profile
5.6.2 Verint (US) Speech-to-text API Market Product Specification
5.6.3 Verint (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.7 Speechmatics (England)
5.7.1 Speechmatics (England) Company Profile
5.7.2 Speechmatics (England) Speech-to-text API Market Product Specification
5.7.3 Speechmatics (England) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.8 Vocapia Research (France)
5.8.1 Vocapia Research (France) Company Profile
5.8.2 Vocapia Research (France) Speech-to-text API Market Product Specification
5.8.3 Vocapia Research (France) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.9 Twilio (US)
5.9.1 Twilio (US) Company Profile
5.9.2 Twilio (US) Speech-to-text API Market Product Specification
5.9.3 Twilio (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.10 Baidu (China)
5.10.1 Baidu (China) Company Profile
5.10.2 Baidu (China) Speech-to-text API Market Product Specification
5.10.3 Baidu (China) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.11 Facebook (US)
5.11.1 Facebook (US) Company Profile
5.11.2 Facebook (US) Speech-to-text API Market Product Specification
5.11.3 Facebook (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.12 iFLYTEK (China)
5.12.1 iFLYTEK (China) Company Profile
5.12.2 iFLYTEK (China) Speech-to-text API Market Product Specification
5.12.3 iFLYTEK (China) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.13 Govivace (US)
5.13.1 Govivace (US) Company Profile
5.13.2 Govivace (US) Speech-to-text API Market Product Specification
5.13.3 Govivace (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.14 Deepgram (US)
5.14.1 Deepgram (US) Company Profile
5.14.2 Deepgram (US) Speech-to-text API Market Product Specification
5.14.3 Deepgram (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.15 Nexmo (US)
5.15.1 Nexmo (US) Company Profile
5.15.2 Nexmo (US) Speech-to-text API Market Product Specification
5.15.3 Nexmo (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.16 VoiceBase (US)
5.16.1 VoiceBase (US) Company Profile
5.16.2 VoiceBase (US) Speech-to-text API Market Product Specification
5.16.3 VoiceBase (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.17 Otter.ai (US)
5.17.1 Otter.ai (US) Company Profile
5.17.2 Otter.ai (US) Speech-to-text API Market Product Specification
5.17.3 Otter.ai (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.18 Voci (US)
5.18.1 Voci (US) Company Profile
5.18.2 Voci (US) Speech-to-text API Market Product Specification
5.18.3 Voci (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.19 GL Communications (US)
5.19.1 GL Communications (US) Company Profile
5.19.2 GL Communications (US) Speech-to-text API Market Product Specification
5.19.3 GL Communications (US) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.20 Contus (India)
5.20.1 Contus (India) Company Profile
5.20.2 Contus (India) Speech-to-text API Market Product Specification
5.20.3 Contus (India) Speech-to-text API Market Production Capacity, Revenue, Price and Gross Margin (2015-2020)
6. North America
6.1 North America Speech-to-text API Market Market Size (2015-2026)
6.2 North America Speech-to-text API Market Key Players in North America (2015-2020)
6.3 North America Speech-to-text API Market Market Size by Type (2015-2020)
6.4 North America Speech-to-text API Market Market Size by Application (2015-2020)
7. East Asia
7.1 East Asia Speech-to-text API Market Market Size (2015-2026)
7.2 East Asia Speech-to-text API Market Key Players in North America (2015-2020)
7.3 East Asia Speech-to-text API Market Market Size by Type (2015-2020)
7.4 East Asia Speech-to-text API Market Market Size by Application (2015-2020)
8. Europe
8.1 Europe Speech-to-text API Market Market Size (2015-2026)
8.2 Europe Speech-to-text API Market Key Players in North America (2015-2020)
8.3 Europe Speech-to-text API Market Market Size by Type (2015-2020)
8.4 Europe Speech-to-text API Market Market Size by Application (2015-2020)
9. South Asia
9.1 South Asia Speech-to-text API Market Market Size (2015-2026)
9.2 South Asia Speech-to-text API Market Key Players in North America (2015-2020)
9.3 South Asia Speech-to-text API Market Market Size by Type (2015-2020)
9.4 South Asia Speech-to-text API Market Market Size by Application (2015-2020)
10. Southeast Asia
10.1 Southeast Asia Speech-to-text API Market Market Size (2015-2026)
10.2 Southeast Asia Speech-to-text API Market Key Players in North America (2015-2020)
10.3 Southeast Asia Speech-to-text API Market Market Size by Type (2015-2020)
10.4 Southeast Asia Speech-to-text API Market Market Size by Application (2015-2020)
11. Middle East
11.1 Middle East Speech-to-text API Market Market Size (2015-2026)
11.2 Middle East Speech-to-text API Market Key Players in North America (2015-2020)
11.3 Middle East Speech-to-text API Market Market Size by Type (2015-2020)
11.4 Middle East Speech-to-text API Market Market Size by Application (2015-2020)
12. Africa
12.1 Africa Speech-to-text API Market Market Size (2015-2026)
12.2 Africa Speech-to-text API Market Key Players in North America (2015-2020)
12.3 Africa Speech-to-text API Market Market Size by Type (2015-2020)
12.4 Africa Speech-to-text API Market Market Size by Application (2015-2020)
13. Oceania
13.1 Oceania Speech-to-text API Market Market Size (2015-2026)
13.2 Oceania Speech-to-text API Market Key Players in North America (2015-2020)
13.3 Oceania Speech-to-text API Market Market Size by Type (2015-2020)
13.4 Oceania Speech-to-text API Market Market Size by Application (2015-2020)
14. South America
14.1 South America Speech-to-text API Market Market Size (2015-2026)
14.2 South America Speech-to-text API Market Key Players in North America (2015-2020)
14.3 South America Speech-to-text API Market Market Size by Type (2015-2020)
14.4 South America Speech-to-text API Market Market Size by Application (2015-2020)
15. Rest of the World
15.1 Rest of the World Speech-to-text API Market Market Size (2015-2026)
15.2 Rest of the World Speech-to-text API Market Key Players in North America (2015-2020)
15.3 Rest of the World Speech-to-text API Market Market Size by Type (2015-2020)
15.4 Rest of the World Speech-to-text API Market Market Size by Application (2015-2020)
16 Speech-to-text API Market Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter’s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Research Methodology:
Speech to text API Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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