How big is the Speech Analytics Market?

The Speech Analytics Market size is expected to reach USD 3.13 billion in 2024 and grow at a CAGR of 15.61% to reach USD 6.47 billion by 2029. Read More

What is the current Speech Analytics Market size?

In 2024, the Speech Analytics Market size is expected to reach USD 3.13 billion. Read More

Who are the key players in Speech Analytics Market?

Verint System Inc., Avaya Inc., Micro Focus International PLC, Genesys Telecommunications and Callminer Inc. are the major companies operating in the Speech Analytics Market. Read More

Which is the fastest growing region in Speech Analytics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Speech Analytics Market?

In 2024, the North America accounts for the largest market share in Speech Analytics Market. Read More

What years does this Speech Analytics Market cover, and what was the market size in 2023?

In 2023, the Speech Analytics Market size was estimated at USD 2.71 billion. The report covers the Speech Analytics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Speech Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Speech Analytics Market Share

Statistics for the 2023 & 2024 Speech Analytics market share, created by Mordor Intelligence™ Industry Reports. Speech Analytics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Speech Analytics Industry

The Speech Analytics Market is consolidated, as only a few significant market players occupy most of the market share. It is seen that well-established players are trying to obtain dominance in the speech analytics market. These companies leverage various strategic collaborative initiatives to increase their market share and profitability.

February 2023 - Nvidia and Airtel have announced the launch of a speech analytics solution for call center operations. Bharti Airtel has announced a solution based on artificial intelligence to improve the customer experience for all inbound calls to its contact center. The voice analytics system, which is built in conjunction with Nvidia, is designed to assist call center workers and customers better while lowering computer costs. Airtel used Nvidia's conversational AI toolkit NvidiaNeMo and a multi-framework inference serving software Triton Inference Server to create this specialized voice application.
June 2022 - Aural Analytics, Inc., a leader in clinical-grade speech analytics, announced a partnership with Koneksa in digital biomarker development to further strengthen its platform and research capabilities using Aural Analytics' technology, Speech Vitals. The premier research-grade technologies from Aural Analytics and Koneksa are optimized to enable clinical trials at scale throughout development and commercial pharma pipelines. This integration aims to make it simple to incorporate speech metrics into Koneksa research and digital biomarker development initiatives.