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Voice recognition revenue in Asia Pacific 2013-2024, by segment

Size of the voice recognition market in the Asia-Pacific region, from 2013 to 2024, by segment (Figures expressed in millions of U.S. dollars, unless otherwise specified)

The data displays the size of the Asia-Pacific market for voice recognition hardware, software, and devices, from 2013 to 2024. In 2015, the voice recognition market in the Asia Pacific is estimated to be worth around 10 billion USD. The voice recognition market is expected to grow with the increasing desire for voice-activated appliances, including lights and thermostats, as well as home security and automation products. The automotive sector, which is applying voice recognition to the goal of driver safety, is another area where voice recognition is play an important role.

2013 4.3 0.7 3.6
2014 4.6 0.9 3.9
2015 5.2 0.7 4.2
2016 5.6 0.9 4.5
2017 6.2 1 4.8
2018 6.9 1.3 5.1
2019 7.5 1.6 5.5
2020 8.4 1.9 6
2021 9.5 2.2 6.6
2022 11.1 2.6 7.2
2023 12.9 3.2 8
2024 15.1 4.1 8.8