The global market size in the 'Speech-based NLP' segment of the artificial intelligence market was forecast to continuously increase between 2025 and 2031 by in total 97.7 billion U.S. dollars (+316.69 percent). After the ninth consecutive increasing year, the market size is estimated to reach 128.5 billion U.S. dollars and therefore a new peak in 2031.
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Size of the speech-based segment of the natural language processing (NLP) market globally from 2021 to 2031
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Data provided by Statista Market Insights are estimates.
Definition: The Speech-Based Natural Language Processing (NLP) market encompasses applications that interpret and understand spoken language and includes systems that can transcribe, translate, and analyze spoken words and phrases with the goal of improving human-machine communication. The Speech-Based NLP market has relevance for the healthcare, finance, and customer service industries.
Additional Information:
The market comprises two key performance indicators: market sizes and market sizes by industry. Market sizes are generated by the funding amount of Computer Vision companies. Key players of the market include companies such as Amazon Web Services, Google Cloud Speech-to-Text, and Microsoft Azure Speech Services.
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Statista. (March 25, 2025). Size of the speech-based segment of the natural language processing (NLP) market globally from 2021 to 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2025, from https://www.statista.com/forecasts/1491235/speech-based-nlp-market-size-worldwide
Statista. "Size of the speech-based segment of the natural language processing (NLP) market globally from 2021 to 2031 (in billion U.S. dollars)." Chart. March 25, 2025. Statista. Accessed May 07, 2025. https://www.statista.com/forecasts/1491235/speech-based-nlp-market-size-worldwide
Statista. (2025). Size of the speech-based segment of the natural language processing (NLP) market globally from 2021 to 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2025. https://www.statista.com/forecasts/1491235/speech-based-nlp-market-size-worldwide
Statista. "Size of The Speech-based Segment of The Natural Language Processing (Nlp) Market Globally from 2021 to 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Mar 2025, https://www.statista.com/forecasts/1491235/speech-based-nlp-market-size-worldwide
Statista, Size of the speech-based segment of the natural language processing (NLP) market globally from 2021 to 2031 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1491235/speech-based-nlp-market-size-worldwide (last visited May 07, 2025)
Size of the speech-based segment of the natural language processing (NLP) market globally from 2021 to 2031 (in billion U.S. dollars) [Graph], Statista, March 25, 2025. [Online]. Available: https://www.statista.com/forecasts/1491235/speech-based-nlp-market-size-worldwide
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