The global market size change in the 'Speech-based NLP' segment of the artificial intelligence market was forecast to continuously decrease between 2025 and 2031 by in total 20 percentage points. According to this forecast, in 2031, the market size change will have decreased for the sixth consecutive year to 18.66 percent.
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Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2022 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). Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2022 to 2031 [Graph]. In Statista. Retrieved May 10, 2025, from https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista. "Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2022 to 2031." Chart. March 25, 2025. Statista. Accessed May 10, 2025. https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista. (2025). Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2022 to 2031. Statista. Statista Inc.. Accessed: May 10, 2025. https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista. "Growth of The Speech-based Subset of The Natural Language Processing (Nlp) Market Worldwide from 2022 to 2031." Statista, Statista Inc., 25 Mar 2025, https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista, Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2022 to 2031 Statista, https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide (last visited May 10, 2025)
Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2022 to 2031 [Graph], Statista, March 25, 2025. [Online]. Available: https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
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