The North America Far-Field Speech and Voice Recognition Market would witness market growth of 12.5% CAGR during the forecast period (2023-2030).
The advancement of deep-learning-based far-field microphone technology and the rising influence of front-end hardware components on the accuracy of speech and voice recognition are the main reasons propelling the market. The need for far-field speech and voice recognition is expanding due to the rising demand for voice-activated smart speakers and the technology's increasing significance for speech communications by enabling smart devices to recognize far-off human speech.
The use of the technology in several contexts, including smart home appliances, meeting transcription, onboard navigation, and the gathering of speech signals for far-field speech recognition, as well as the use of microphones to do so, have a significant impact on the market. The demand is also favorably impacted by the adoption of cutting-edge technologies, research and development activities, and increased investment. Players in the market will have lucrative possibilities during the forecast period due to the implementation of far-field speech and voice recognition in smart home devices and the use of speech and voice recognition in service robots.
The US Energy Information Administration estimates that in 2021, the typical family in the US used 97.33 quadrillion BTUs of energy, with a considerable amount of the energy going to waste. In 2019, the typical home used energy that contributed to 17,320 lbs of CO2 emission. To put this figure in perspective, consider that the average home produces 70% more CO2 emissions yearly than the typical passenger car. These situations cater to the need for smart home solutions. Smart speakers are also necessary because they offer a brand-new interactive digital endpoint in the house to which more than one-third of US consumers currently have access. Market leaders like Amazon and Google may use this digital endpoint to create speech apps for third parties. The far-field and speech recognition market is expected to increase significantly due to all these factors.
The US market dominated the North America 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 $2,185.8 million by 2030. The Canada market is poised to grow at a CAGR of 15% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 14% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Far-Field Speech and Voice Recognition Market, by Offering
1.4.2 North America Far-Field Speech and Voice Recognition Market, by Application
1.4.3 North America 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. North America Far-Field Speech and Voice Recognition Market by Offering
4.1 North America Digital Signal Processors Market by Country
4.2 North America Microphone Market by Country
4.3 North America Far-Field Speech and Voice Recognition Market by Microphone Type
4.3.1 North America Circular Arrays Market by Country
4.3.2 North America Single Arrays Market by Country
4.3.3 North America Single Microphone Market by Country
4.4 North America Software Market by Country
Chapter 5. North America Far-Field Speech and Voice Recognition Market by Application
5.1 North America Smart Speakers Market by Country
5.2 North America Smart TV/STB Market by Country
5.3 North America Automotive Market by Country
5.4 North America Robotics Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Far-Field Speech and Voice Recognition Market by Country
6.1 US Far-Field Speech and Voice Recognition Market
6.1.1 US Far-Field Speech and Voice Recognition Market by Offering
6.1.1.1 US Far-Field Speech and Voice Recognition Market by Microphone Type
6.1.2 US Far-Field Speech and Voice Recognition Market by Application
6.2 Canada Far-Field Speech and Voice Recognition Market
6.2.1 Canada Far-Field Speech and Voice Recognition Market by Offering
6.2.1.1 Canada Far-Field Speech and Voice Recognition Market by Microphone Type
6.2.2 Canada Far-Field Speech and Voice Recognition Market by Application
6.3 Mexico Far-Field Speech and Voice Recognition Market
6.3.1 Mexico Far-Field Speech and Voice Recognition Market by Offering
6.3.1.1 Mexico Far-Field Speech and Voice Recognition Market by Microphone Type
6.3.2 Mexico Far-Field Speech and Voice Recognition Market by Application
6.4 Rest of North America Far-Field Speech and Voice Recognition Market
6.4.1 Rest of North America Far-Field Speech and Voice Recognition Market by Offering
6.4.1.1 Rest of North America Far-Field Speech and Voice Recognition Market by Microphone Type
6.4.2 Rest of North America 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 North America Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 7 North America Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 8 North America Digital Signal Processors Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Digital Signal Processors Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Microphone Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Microphone Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 13 North America Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 14 North America Circular Arrays Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Circular Arrays Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Single Arrays Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Single Arrays Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Single Microphone Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Single Microphone Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 23 North America Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 24 North America Smart Speakers Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Smart Speakers Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Smart TV/STB Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Smart TV/STB Market by Country, 2023 - 2030, USD Million
TABLE 28 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Robotics Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Robotics Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Far-Field Speech and Voice Recognition Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Far-Field Speech and Voice Recognition Market by Country, 2023 - 2030, USD Million
TABLE 36 US Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 37 US Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 38 US Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 39 US Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 40 US Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 41 US Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 42 US Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 43 US Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 44 Canada Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 45 Canada Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 46 Canada Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 47 Canada Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 48 Canada Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 49 Canada Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 50 Canada Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 51 Canada Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 52 Mexico Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 53 Mexico Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 54 Mexico Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 55 Mexico Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 56 Mexico Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 57 Mexico Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 58 Mexico Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 59 Mexico Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 60 Rest of North America Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 61 Rest of North America Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 62 Rest of North America Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 63 Rest of North America Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 64 Rest of North America Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 65 Rest of North America Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 66 Rest of North America Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 67 Rest of North America Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 68 Key Information – NXP Semiconductors N.V.
TABLE 69 Key Information – Qualcomm, Inc.
TABLE 70 Key Information – STMicroelectronics N.V.
TABLE 71 Key Information – Infineon Technologies AG
TABLE 72 Key Information – Synaptics Incorporated
TABLE 73 Key information – Knowles Corporation
TABLE 74 Key Information – Harman International Industries, Inc.
TABLE 75 Key Information – Andrea Electronics Corporation
TABLE 76 key information – Cirrus Logic, Inc.
TABLE 77 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 North America Far-Field Speech and Voice Recognition Market share by Offering, 2022
FIG 7 North America Far-Field Speech and Voice Recognition Market share by Offering, 2030
FIG 8 North America Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2030, USD Million
FIG 9 North America Far-Field Speech and Voice Recognition Market share by Application, 2022
FIG 10 North America Far-Field Speech and Voice Recognition Market share by Application, 2030
FIG 11 North America Far-Field Speech and Voice Recognition Market by Application, 2019 - 2030, USD Million
FIG 12 North America Far-Field Speech and Voice Recognition Market share by Country, 2022
FIG 13 North America Far-Field Speech and Voice Recognition Market share by Country, 2030
FIG 14 North America 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.