Speech-to-text API Global Market Report 2024

Description

Speech-to-text API technology enables the conversion of spoken words into written text, leveraging computational linguistics to recognize and translate spoken language using computers.

Speech-to-text API offer solutions and services, providing pre-configured packages of tools or services to address specific needs or challenges. Developers can use these solutions to quickly implement features in their applications using ready-made components. These APIs are deployed in cloud and on-premises modes by organizations of various sizes, including large enterprises and SMEs. Speech-to-text APIs find applications in risk and compliance management, fraud detection and prevention, customer management, content transcription, contact center management, subtitle generation, and more. They cater to verticals such as BFSI, IT and Telecommunication, Healthcare, Retail and eCommerce, Government and Defense, Media and Entertainment, Travel and Hospitality, among others.

The speech-to-text API research report is one of a series of new reports from The Business Research Company that provides speech-to-text API market statistics, including the speech-to-text API industry's global market size, regional shares, competitors with an Speech-to-text API market share, detailed speech-to-text API market segments, market trends and opportunities, and any further data you may need to thrive in the speech-to-text API industry. This speech-to-text API market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The speech-to-text API market size has grown rapidly in recent years. It will grow from $3.24 billion in 2023 to $3.87 billion in 2024 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to several factors, including increased demand for voice-activated devices, growing accessibility and inclusivity initiatives, a rise in remote communication needs, enhanced user experience, expansion of multilingual support, increased mobile application development, and adoption in healthcare and legal transcription.

The speech-to-text API market size is expected to see rapid growth in the next few years. It will grow to $7.66 billion in 2028 at a compound annual growth rate (CAGR) of 18.6%. The forecasted growth in the speech technology market can be attributed to several factors, including the proliferation of Internet of Things (IoT) devices, the global expansion of e-learning platforms, the increasing demand for multimodal interaction, the surge in remote work practices, the expansion of real-time language translation services, and the rising adoption of speech technology in customer service and support. Major trends expected in this period include integration with virtual assistants, integration with smart home devices, growth in voice search applications, and advancements in neural networks and AI for more accurate and efficient speech recognition and processing.

The increasing penetration of smart devices is expected to drive the growth of the speech-to-text API market. Smart devices, which are connected to the internet and can perform tasks autonomously, utilize speech-to-text APIs to provide voice commands for hands-free operation and speech-controlled interactions. This enhances usability and user satisfaction in applications such as voice-controlled assistants, home automation, and transcription services. For example, a survey conducted by the UK Parliament in August 2023 found that 77% of individuals in the UK owned at least one smart home gadget, such as a smart speaker, while 25% owned smart watches or wristbands with integrated health monitoring features, and 29% had smart control and safety gadgets such as smart doorbells. Additionally, it is projected that there will be 24 billion interconnected devices worldwide by 2050. These trends highlight the increasing adoption of smart devices, which is a key driver of the speech-to-text API market.

Major companies in the speech-to-text API market are focusing on advancements in technologies, such as speech-to-text models, to strengthen their market position. A speech-to-text model is a computer program that uses machine learning methods to translate spoken words into written text. For example, in April 2023, Deepgram launched Deepgram Nova, a sophisticated voice-to-text model trained over 100 domains and 47 billion tokens. This extensive training has resulted in the most deeply trained automated speech recognition (ASR) model to date, outperforming other models across a wide range of datasets. Deepgram Nova significantly reduces the word error rate (WER) by 22% and has a 23-78x faster inference time, showcasing its category-defining capabilities in the market.

In March 2022, Microsoft Corporation, a US-based company known for its speech-to-text and text-to-speech APIs, acquired Nuance Communications Inc. for an undisclosed amount. This acquisition aimed to integrate Nuance's top-tier conversational AI and ambient intelligence with Microsoft's secure and reliable industry cloud capabilities. Nuance Communications Inc., the acquired company, is also based in the US and offers a variety of speech-to-text services and APIs.

Major companies operating in the speech-to-text api market report are Google LLC, Microsoft Corporation, Meta Platforms Inc, Tencent AI Lab, Amazon Web Services Inc., IBM Corporation, Baidu Speech Recognition, Twilio, iFLYTEK, Rev.com Inc., Verint System Inc., Vonage API, Hugging Face, Speechmatics Ltd., Alibaba Cloud Speech-to-Text, Deepgram, Voicecloud, GL Communications Inc, Kasisto, VoiceBase Inc., Amberscript Global B.V., AssemblyAI Inc., Vocapia Research SAS, Speechify, Wit.ai, Mozilla DeepSpeech, CMU Sphinx, PaddlePaddle

North America was the largest region in the speech-to-text API market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the speech-to-text api market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the speech-to-text api market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The speech-to-text API market consists of revenues earned by entities by providing services such as language support, speech adaptation, streaming speech recognition, multichannel recognition, content filtering, and noise robustness. The market value includes the value of related goods sold by the service provider or included within the service offering. The speech-to-text API market also includes sales of microphones, acoustic models, omnichannel self-service tools, smart home devices, voice-controlled robots, smartphones, and tablets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Speech-to-text API Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on speech-to-text API market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for speech-to-text API? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The speech-to-text API market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Offering: Solutions; Services
2) By Deployment Mode: Cloud; On-premises
3) By Organization Size: Large Enterprises; Small And Medium-sized Enterprises (SMEs)
4) By Applications: Risk And Compliance Management; Fraud Detection And Prevention; Customer Management; Content Transcription; Contact Centre Management; Subtitle Generation; Other Applications
5) By Vertical: Banking Financial Services And Insurance (BFSI); Information Technology And Telecommunication; Healthcare; Retail And eCommerce; Government And Defense; Media And Entertainment; Travel And Hospitality; Other Verticals
Companies Mentioned: Google LLC; Microsoft Corporation; Meta Platforms Inc; Tencent AI Lab; Amazon Web Services Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16730

1. Executive Summary

2. Speech-To-Text API Market Characteristics

3. Speech-To-Text API Market Trends And Strategies

4. Speech-To-Text API Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Speech-To-Text API Market Size and Growth

5.1. Global Speech-To-Text API Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Speech-To-Text API Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Speech-To-Text API Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Speech-To-Text API Market Segmentation

6.1. Global Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Solutions
Services
6.2. Global Speech-To-Text API Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cloud
On-premises
6.3. Global Speech-To-Text API Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Large Enterprises
Small And Medium-sized Enterprises (SMEs)
6.4. Global Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Risk And Compliance Management
Fraud Detection And Prevention
Customer Management
Content Transcription
Contact Centre Management
Subtitle Generation
Other Applications
6.5. Global Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Banking Financial Services And Insurance (BFSI)
Information Technology And Telecommunication
Healthcare
Retail And eCommerce
Government And Defense
Media And Entertainment
Travel And Hospitality
Other Verticals

7. Speech-To-Text API Market Regional And Country Analysis

7.1. Global Speech-To-Text API Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Speech-To-Text API Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Speech-To-Text API Market

8.1. Asia-Pacific Speech-To-Text API Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Speech-To-Text API Market

9.1. China Speech-To-Text API Market Overview
9.2. China Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Speech-To-Text API Market

10.1. India Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Speech-To-Text API Market

11.1. Japan Speech-To-Text API Market Overview
11.2. Japan Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Speech-To-Text API Market

12.1. Australia Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Speech-To-Text API Market

13.1. Indonesia Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Speech-To-Text API Market

14.1. South Korea Speech-To-Text API Market Overview
14.2. South Korea Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Speech-To-Text API Market

15.1. Western Europe Speech-To-Text API Market Overview
15.2. Western Europe Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Speech-To-Text API Market

16.1. UK Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Speech-To-Text API Market

17.1. Germany Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Speech-To-Text API Market

18.1. France Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Speech-To-Text API Market

19.1. Italy Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Speech-To-Text API Market

20.1. Spain Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Speech-To-Text API Market

21.1. Eastern Europe Speech-To-Text API Market Overview
21.2. Eastern Europe Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Speech-To-Text API Market

22.1. Russia Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Speech-To-Text API Market

23.1. North America Speech-To-Text API Market Overview
23.2. North America Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Speech-To-Text API Market

24.1. USA Speech-To-Text API Market Overview
24.2. USA Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Speech-To-Text API Market

25.1. Canada Speech-To-Text API Market Overview
25.2. Canada Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Speech-To-Text API Market

26.1. South America Speech-To-Text API Market Overview
26.2. South America Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Speech-To-Text API Market

27.1. Brazil Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Speech-To-Text API Market

28.1. Middle East Speech-To-Text API Market Overview
28.2. Middle East Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Speech-To-Text API Market

29.1. Africa Speech-To-Text API Market Overview
29.2. Africa Speech-To-Text API Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Speech-To-Text API Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Speech-To-Text API Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Speech-To-Text API Market Competitive Landscape And Company Profiles

30.1. Speech-To-Text API Market Competitive Landscape
30.2. Speech-To-Text API Market Company Profiles
- 30.2.1. Google LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Microsoft Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Meta Platforms Inc
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Tencent AI Lab
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Amazon Web Services Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Speech-To-Text API Market Other Major And Innovative Companies

31.1. IBM Corporation
31.2. Baidu Speech Recognition
31.3. Twilio
31.4. iFLYTEK
31.5. Rev.com Inc.
31.6. Verint System Inc.
31.7. Vonage API
31.8. Hugging Face
31.9. Speechmatics Ltd.
31.10. Alibaba Cloud Speech-to-Text
31.11. Deepgram
31.12. Voicecloud
31.13. GL Communications Inc
31.14. Kasisto
31.15. VoiceBase Inc.

32. Global Speech-To-Text API Market Competitive Benchmarking

33. Global Speech-To-Text API Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Speech-To-Text API Market

35. Speech-To-Text API Market Future Outlook and Potential Analysis

35.1 Speech-To-Text API Market In 2028 - Countries Offering Most New Opportunities
35.2 Speech-To-Text API Market In 2028 - Segments Offering Most New Opportunities
35.3 Speech-To-Text API Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer