The Europe Far-Field Speech and Voice Recognition Market would witness market growth of 13.6% CAGR during the forecast period (2023-2030).
The market is growing due to increased applications in the retail, banking, connected device, smart home, healthcare, and automotive sectors for voice-enabled virtual assistant systems, voice-activated systems, and voice-enabled devices. Doctors and therapists may transform their speech into a rich, comprehensive clinical statement maintained in the Electronic Health Record (EHR) platform using voice recognition software on mobile phones.
The market is anticipated to be driven by the increasing use of voice-enabled linked systems in smart home automation over the projected period. IoT devices improve a range of often offline equipment by offering innovative user interfaces and standard techniques, such as touch screens and buttons. The expanding usage of voice recognition with speech intelligence in many industrial areas drives regional demand. Several players are combining breakthroughs with voice detection methods to make it easier for businesses to install systems that bolster their contact centers with an AI-based digital workplace.
Numerous people interior businesses in the area are developing online platforms and partnering with e-commerce retail outlets to expand their customer reach. This has spread awareness among the people in the region regarding the presence of innovative products in the market. The increasing number of hotels across the European nations will propel the requirement for smart devices to be used in hotel rooms, such as smart lighting and others. These smart devices are equipped with far-field speech and voice recognition technologies. Thus, due to the factors mentioned above, the market will expand in the upcoming years.
The Germany market dominated the Europe Far-Field Speech and Voice Recognition Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $591.9 million by 2030. The UK market is experiencing a CAGR of 12.7% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 14.5% during (2023 - 2030).
Based on Offering, the market is segmented into Digital Signal Processors, Microphone (Circular Arrays, Single Arrays, and Single Microphone) and Software. Based on Application, the market is segmented into Smart Speakers, Smart TV/STB, Automotive, Robotics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Far-Field Speech and Voice Recognition Market is Projected to reach USD 9 Billion by 2030, at a CAGR of 13.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Andrea Electronics Corporation, Qualcomm, Inc., Cirrus Logic, Inc., Knowles Corporation, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Infineon Technologies AG, Microchip Technology Incorporated, NXP Semiconductors N.V., STMicroelectronics N.V. and Synaptics Incorporated.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Digital Signal Processors
- Microphone
- Circular Arrays
- Single Arrays
- Single Microphone
- Software
By Application
- Smart Speakers
- Smart TV/STB
- Automotive
- Robotics
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Andrea Electronics Corporation
- Qualcomm, Inc.
- Cirrus Logic, Inc.
- Knowles Corporation
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Infineon Technologies AG
- Microchip Technology Incorporated
- NXP Semiconductors N.V.
- STMicroelectronics N.V.
- Synaptics Incorporated
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Far-Field Speech and Voice Recognition Market, by Offering
1.4.2 Europe Far-Field Speech and Voice Recognition Market, by Application
1.4.3 Europe Far-Field Speech and Voice Recognition Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2022
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Jan – 2023, Jun) Leading Players
Chapter 4. Europe Far-Field Speech and Voice Recognition Market by Offering
4.1 Europe Digital Signal Processors Market by Country
4.2 Europe Microphone Market by Country
4.3 Europe Far-Field Speech and Voice Recognition Market by Microphone Type
4.3.1 Europe Circular Arrays Market by Country
4.3.2 Europe Single Arrays Market by Country
4.3.3 Europe Single Microphone Market by Country
4.4 Europe Software Market by Country
Chapter 5. Europe Far-Field Speech and Voice Recognition Market by Application
5.1 Europe Smart Speakers Market by Country
5.2 Europe Smart TV/STB Market by Country
5.3 Europe Automotive Market by Country
5.4 Europe Robotics Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Far-Field Speech and Voice Recognition Market by Country
6.1 Germany Far-Field Speech and Voice Recognition Market
6.1.1 Germany Far-Field Speech and Voice Recognition Market by Offering
6.1.1.1 Germany Far-Field Speech and Voice Recognition Market by Microphone Type
6.1.2 Germany Far-Field Speech and Voice Recognition Market by Application
6.2 UK Far-Field Speech and Voice Recognition Market
6.2.1 UK Far-Field Speech and Voice Recognition Market by Offering
6.2.1.1 UK Far-Field Speech and Voice Recognition Market by Microphone Type
6.2.2 UK Far-Field Speech and Voice Recognition Market by Application
6.3 France Far-Field Speech and Voice Recognition Market
6.3.1 France Far-Field Speech and Voice Recognition Market by Offering
6.3.1.1 France Far-Field Speech and Voice Recognition Market by Microphone Type
6.3.2 France Far-Field Speech and Voice Recognition Market by Application
6.4 Russia Far-Field Speech and Voice Recognition Market
6.4.1 Russia Far-Field Speech and Voice Recognition Market by Offering
6.4.1.1 Russia Far-Field Speech and Voice Recognition Market by Microphone Type
6.4.2 Russia Far-Field Speech and Voice Recognition Market by Application
6.5 Spain Far-Field Speech and Voice Recognition Market
6.5.1 Spain Far-Field Speech and Voice Recognition Market by Offering
6.5.1.1 Spain Far-Field Speech and Voice Recognition Market by Microphone Type
6.5.2 Spain Far-Field Speech and Voice Recognition Market by Application
6.6 Italy Far-Field Speech and Voice Recognition Market
6.6.1 Italy Far-Field Speech and Voice Recognition Market by Offering
6.6.1.1 Italy Far-Field Speech and Voice Recognition Market by Microphone Type
6.6.2 Italy Far-Field Speech and Voice Recognition Market by Application
6.7 Rest of Europe Far-Field Speech and Voice Recognition Market
6.7.1 Rest of Europe Far-Field Speech and Voice Recognition Market by Offering
6.7.1.1 Rest of Europe Far-Field Speech and Voice Recognition Market by Microphone Type
6.7.2 Rest of Europe Far-Field Speech and Voice Recognition Market by Application
Chapter 7. Company Profiles
7.1 NXP Semiconductors N.V.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Qualcomm, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 STMicroelectronics N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.6 SWOT Analysis
7.4 Infineon Technologies AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Synaptics Incorporated
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.5.3 Acquisition and Mergers:
7.6 Knowles Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional & Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.7 Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 Andrea Electronics Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expenses
7.9 Cirrus Logic, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.10. Microchip Technology Incorporated
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
TABLE 1 Europe Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 2 Europe Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Far-Field Speech and Voice Recognition Market
TABLE 4 Product Launches And Product Expansions– Far-Field Speech and Voice Recognition Market
TABLE 5 Acquisition and Mergers– Far-Field Speech and Voice Recognition Market
TABLE 6 Europe Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 7 Europe Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 8 Europe Digital Signal Processors Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Digital Signal Processors Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe Microphone Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Microphone Market by Country, 2023 - 2030, USD Million
TABLE 12 Europe Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 13 Europe Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 14 Europe Circular Arrays Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Circular Arrays Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Single Arrays Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Single Arrays Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Single Microphone Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Single Microphone Market by Country, 2023 - 2030, USD Million
TABLE 20 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Software Market by Country, 2023 - 2030, USD Million
TABLE 22 Europe Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 23 Europe Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 24 Europe Smart Speakers Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Smart Speakers Market by Country, 2023 - 2030, USD Million
TABLE 26 Europe Smart TV/STB Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Smart TV/STB Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Robotics Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Robotics Market by Country, 2023 - 2030, USD Million
TABLE 32 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Far-Field Speech and Voice Recognition Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Far-Field Speech and Voice Recognition Market by Country, 2023 - 2030, USD Million
TABLE 36 Germany Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 37 Germany Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 38 Germany Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 39 Germany Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 40 Germany Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 41 Germany Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 42 Germany Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 43 Germany Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 44 UK Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 45 UK Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 46 UK Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 47 UK Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 48 UK Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 49 UK Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 50 UK Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 51 UK Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 52 France Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 53 France Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 54 France Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 55 France Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 56 France Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 57 France Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 58 France Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 59 France Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 60 Russia Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 61 Russia Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 62 Russia Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 63 Russia Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 64 Russia Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 65 Russia Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 66 Russia Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 67 Russia Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 68 Spain Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 69 Spain Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 70 Spain Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 71 Spain Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 72 Spain Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 73 Spain Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 74 Spain Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 75 Spain Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 76 Italy Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 77 Italy Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 78 Italy Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 79 Italy Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 80 Italy Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 81 Italy Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 82 Italy Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 83 Italy Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 84 Rest of Europe Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 85 Rest of Europe Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 86 Rest of Europe Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 87 Rest of Europe Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 88 Rest of Europe Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 89 Rest of Europe Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 90 Rest of Europe Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 91 Rest of Europe Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 92 Key Information – NXP Semiconductors N.V.
TABLE 93 Key Information – Qualcomm, Inc.
TABLE 94 Key Information – STMicroelectronics N.V.
TABLE 95 Key Information – Infineon Technologies AG
TABLE 96 Key Information – Synaptics Incorporated
TABLE 97 Key information – Knowles Corporation
TABLE 98 Key Information – Harman International Industries, Inc.
TABLE 99 Key Information – Andrea Electronics Corporation
TABLE 100 key information – Cirrus Logic, Inc.
TABLE 101 Key Information – Microchip Technology Incorporated
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2022
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2019, Jan – 2023, Jun) Leading Players
FIG 6 Europe Far-Field Speech and Voice Recognition Market share by Offering, 2022
FIG 7 Europe Far-Field Speech and Voice Recognition Market share by Offering, 2030
FIG 8 Europe Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2030, USD Million
FIG 9 Europe Far-Field Speech and Voice Recognition Market share by Application, 2022
FIG 10 Europe Far-Field Speech and Voice Recognition Market shaer by Application, 2030
FIG 11 Europe Far-Field Speech and Voice Recognition Market by Application, 2019 - 2030, USD Million
FIG 12 Europe Far-Field Speech and Voice Recognition Market share by Country, 2022
FIG 13 Europe Far-Field Speech and Voice Recognition Market share by Country, 2030
FIG 14 Europe Far-Field Speech and Voice Recognition Market by Country, 2019 - 2030, USD Million
FIG 15 Recent strategies and developments: NXP Semiconductors N.V.
FIG 16 Swot Analysis: NXP Semiconductors N.V.
FIG 17 Recent strategies and developments: Qualcomm, Inc.
FIG 18 SWOT Analysis: Qualcomm, Inc.
FIG 19 Swot analysis: stmicroelectronics n.v.
FIG 20 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 21 Recent strategies and developments: Synaptics Incorporated
FIG 22 Recent strategies and developments: Knowles Corporation
FIG 23 Recent strategies and developments: Harman International Industries, Inc.