The Latin America, Middle East and Africa Far-Field Speech and Voice Recognition Market would witness market growth of 18.1% CAGR during the forecast period (2023-2030).
Millennials are becoming more and more interested in technology as a result of rising internet use. These AI-powered gadgets can carry out tasks when given voice instructions. News, movies, and music may all be accessed using voice commands. The market is expected to expand due to the expansion of digitalization and consumer adoption of newer technologies, which have raised consumers' living standards to smart living standards.
Today's widespread use of smart gadgets from top manufacturers has dramatically increased the appeal of far-field speech and voice recognition. One such instance is Amazon Alexa, a virtual assistant product that Amazon purchased in 2013. Alexa is a feature of the Amazon Echo, Echo Dot, and Echo Show computer product lines. Another example would be the Google Nest range of smart speakers, formerly known as Google Home and sold under the Google Nest brand. Users may engage with services using Google Assistant, the company's virtual assistant, by speaking voice commands into the devices.
The Middle Eastern real estate market has one of the fastest growth rates among all worldwide sectors. Large investments made by foreign real estate developers in nations such as Saudi Arabia, Oman, Dubai, Qatar, and others have fueled the growth of the smart home idea in this area, a well-liked tourist destination. Dubai is quickly overtaking all other travel hotspots in popularity. Several well-known buildings, notably Burj Al Arab and Burj Khalifa, attract tourists. In addition, the area is home to several lavish hotels, expensive restaurants, and upscale spas. The market in the LAMEA region is anticipated to gain from this.
The Brazil market dominated the LAMEA 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 $186.7 million by 2030. The Argentina market is showcasing a CAGR of 18.8% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 17.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Far-Field Speech and Voice Recognition Market, by Offering
1.4.2 LAMEA Far-Field Speech and Voice Recognition Market, by Application
1.4.3 LAMEA 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. LAMEA Far-Field Speech and Voice Recognition Market by Offering
4.1 LAMEA Digital Signal Processors Market by Country
4.2 LAMEA Microphone Market by Country
4.3 LAMEA Far-Field Speech and Voice Recognition Market by Microphone Type
4.3.1 LAMEA Circular Arrays Market by Country
4.3.2 LAMEA Single Arrays Market by Country
4.3.3 LAMEA Single Microphone Market by Country
4.4 LAMEA Software Market by Country
Chapter 5. LAMEA Far-Field Speech and Voice Recognition Market by Application
5.1 LAMEA Smart Speakers Market by Country
5.2 LAMEA Smart TV/STB Market by Country
5.3 LAMEA Automotive Market by Country
5.4 LAMEA Robotics Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Far-Field Speech and Voice Recognition Market by Country
6.1 Brazil Far-Field Speech and Voice Recognition Market
6.1.1 Brazil Far-Field Speech and Voice Recognition Market by Offering
6.1.1.1 Brazil Far-Field Speech and Voice Recognition Market by Microphone Type
6.1.2 Brazil Far-Field Speech and Voice Recognition Market by Application
6.2 Argentina Far-Field Speech and Voice Recognition Market
6.2.1 Argentina Far-Field Speech and Voice Recognition Market by Offering
6.2.1.1 Argentina Far-Field Speech and Voice Recognition Market by Microphone Type
6.2.2 Argentina Far-Field Speech and Voice Recognition Market by Application
6.3 UAE Far-Field Speech and Voice Recognition Market
6.3.1 UAE Far-Field Speech and Voice Recognition Market by Offering
6.3.1.1 UAE Far-Field Speech and Voice Recognition Market by Microphone Type
6.3.2 UAE Far-Field Speech and Voice Recognition Market by Application
6.4 Saudi Arabia Far-Field Speech and Voice Recognition Market
6.4.1 Saudi Arabia Far-Field Speech and Voice Recognition Market by Offering
6.4.1.1 Saudi Arabia Far-Field Speech and Voice Recognition Market by Microphone Type
6.4.2 Saudi Arabia Far-Field Speech and Voice Recognition Market by Application
6.5 South Africa Far-Field Speech and Voice Recognition Market
6.5.1 South Africa Far-Field Speech and Voice Recognition Market by Offering
6.5.1.1 South Africa Far-Field Speech and Voice Recognition Market by Microphone Type
6.5.2 South Africa Far-Field Speech and Voice Recognition Market by Application
6.6 Nigeria Far-Field Speech and Voice Recognition Market
6.6.1 Nigeria Far-Field Speech and Voice Recognition Market by Offering
6.6.1.1 Nigeria Far-Field Speech and Voice Recognition Market by Microphone Type
6.6.2 Nigeria Far-Field Speech and Voice Recognition Market by Application
6.7 Rest of LAMEA Far-Field Speech and Voice Recognition Market
6.7.1 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Offering
6.7.1.1 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Microphone Type
6.7.2 Rest of LAMEA 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 LAMEA Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 7 LAMEA Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 8 LAMEA Digital Signal Processors Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Digital Signal Processors Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Microphone Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Microphone Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 13 LAMEA Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 14 LAMEA Circular Arrays Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Circular Arrays Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Single Arrays Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Single Arrays Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Single Microphone Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Single Microphone Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 23 LAMEA Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 24 LAMEA Smart Speakers Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Smart Speakers Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Smart TV/STB Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Smart TV/STB Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Robotics Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Robotics Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Far-Field Speech and Voice Recognition Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Far-Field Speech and Voice Recognition Market by Country, 2023 - 2030, USD Million
TABLE 36 Brazil Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 37 Brazil Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 38 Brazil Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 39 Brazil Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 40 Brazil Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 41 Brazil Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 42 Brazil Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 43 Brazil Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 44 Argentina Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 45 Argentina Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 46 Argentina Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 47 Argentina Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 48 Argentina Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 49 Argentina Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 50 Argentina Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 51 Argentina Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 52 UAE Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 53 UAE Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 54 UAE Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 55 UAE Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 56 UAE Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 57 UAE Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 58 UAE Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 59 UAE Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 60 Saudi Arabia Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 61 Saudi Arabia Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 62 Saudi Arabia Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 63 Saudi Arabia Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 64 Saudi Arabia Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 66 Saudi Arabia Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 67 Saudi Arabia Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 68 South Africa Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 69 South Africa Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 70 South Africa Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 71 South Africa Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 72 South Africa Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 73 South Africa Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 74 South Africa Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 75 South Africa Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 76 Nigeria Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 77 Nigeria Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 78 Nigeria Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 79 Nigeria Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 80 Nigeria Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 81 Nigeria Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 82 Nigeria Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 83 Nigeria Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 84 Rest of LAMEA Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 85 Rest of LAMEA Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 86 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 87 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 88 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 89 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 90 Rest of LAMEA Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 91 Rest of LAMEA 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 LAMEA Far-Field Speech and Voice Recognition Market share by Offering, 2022
FIG 7 LAMEA Far-Field Speech and Voice Recognition Market share by Offering, 2030
FIG 8 LAMEA Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2030, USD Million
FIG 9 LAMEA Far-Field Speech and Voice Recognition Market share by Application, 2022
FIG 10 LAMEA Far-Field Speech and Voice Recognition Market share by Application, 2030
FIG 11 LAMEA Far-Field Speech and Voice Recognition Market by Application, 2019 - 2030, USD Million
FIG 12 LAMEA Far-Field Speech and Voice Recognition Market share by Country, 2022
FIG 13 LAMEA Far-Field Speech and Voice Recognition Market share by Country, 2030
FIG 14 LAMEA 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.