A report on the Global Speech-to-text API Market has been published by Contrive Datum Insights. The report provides clients with the latest trending insights into the Speech-to-text API market. It can be seen that the report includes market value and growth rate, size, production consumption and gross margin, pricing and other influencing factors. Along with this, in the report, you will get detailed information about every distributor, supplier, and retailer in the market. The competitive scenarios of all industry players are mentioned in detail in the report. The pandemic has caused market participants to strategically change their business plans.
The global speech-to-text API market size was valued at USD 2.32 billion in 2022 and is expected to expand at a CAGR of 15.2% from 2022 to 2030.
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The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Google (US), Microsoft (US), IBM (US), AWS (US), Nuance Communications (US), Verint (US). Geographically, this market has been segmented into regions such as North America, Latin America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Speech-to-text API Market Segmentation:
By Type:
- On-premises
- Cloud
- Other
- By Component:
- Software
- Services
- Other
By Applications:
- Financial Services and Insurance
- Telecommunications and Information Technology
- Health Care
- Retail and E-commerce
- Government and Defense
- Other
Frequently Asked Questions (FAQ):
- What is the growth rate predicted for the Global Speech-to-text API Market?
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- Which region dominated the worldwide market for Speech-to-text API in 2022?
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Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
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