The Asia Pacific Far-Field Speech and Voice Recognition Market would witness market growth of 14.8% CAGR during the forecast period (2023-2030).
Smart device usage has risen across various sectors due to the rapid development of deep learning, AI, and machine learning technologies. Thus, the market has grown due to the adoption of sophisticated technology. Additionally, market participants are spending much money on R&D projects to raise the standard of far-field identification. In the following years, market growth is anticipated to be driven by improvements in the performance and efficiency of smart devices. The market is impacted by a number of variables, including the expansion of voice-activated smart speakers and the rising effect of front-end hardware components on speech and voice recognition accuracy.
The fast rise in popularity of speech recognition technology and technical breakthroughs have encouraged using these systems in the automobile industry. The need for automobile speech recognition systems is being driven by the increased demand for automobiles, boosting both vehicle production and sales. The need for automobile speech recognition systems is anticipated to grow as consumer spending on premium services, entertainment, and technological developments for comfort and safety rises. The speech recognition system performs better because of the lower noise levels within the car cabin due to enhanced acoustics employed in vehicle manufacture.
The Japan Automobile Dealers Association (JADA) estimates that nearly 1.4 million new electric cars were sold in 2020. As a percentage of all new automobile sales, electric cars represented 36.2%, up from 32.9% in 2017 and 35.2% in 2019. Most automobiles marketed in nations such as China and South Korea have connectivity and some kind of speech recognition technology. The Asia Pacific area has a significant need for automotive speech recognition systems due to the rising prevalence of connected cars in new vehicle sales in countries like China. As a result, the market is predicted to expand steadily in the APAC region.
The China market dominated the Asia Pacific 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 $746.6 million by 2030. The Japan market is experiencing a CAGR of 14.1% during (2023 - 2030). Additionally, The India market would register a CAGR of 15.5% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Far-Field Speech and Voice Recognition Market, by Offering
1.4.2 Asia Pacific Far-Field Speech and Voice Recognition Market, by Application
1.4.3 Asia Pacific 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. Asia Pacific Far-Field Speech and Voice Recognition Market by Offering
4.1 Asia Pacific Digital Signal Processors Market by Country
4.2 Asia Pacific Microphone Market by Country
4.3 Asia Pacific Far-Field Speech and Voice Recognition Market by Microphone Type
4.3.1 Asia Pacific Circular Arrays Market by Country
4.3.2 Asia Pacific Single Arrays Market by Country
4.3.3 Asia Pacific Single Microphone Market by Country
4.4 Asia Pacific Software Market by Country
Chapter 5. Asia Pacific Far-Field Speech and Voice Recognition Market by Application
5.1 Asia Pacific Smart Speakers Market by Country
5.2 Asia Pacific Smart TV/STB Market by Country
5.3 Asia Pacific Automotive Market by Country
5.4 Asia Pacific Robotics Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Far-Field Speech and Voice Recognition Market by Country
6.1 China Far-Field Speech and Voice Recognition Market
6.1.1 China Far-Field Speech and Voice Recognition Market by Offering
6.1.1.1 China Far-Field Speech and Voice Recognition Market by Microphone Type
6.1.2 China Far-Field Speech and Voice Recognition Market by Application
6.2 Japan Far-Field Speech and Voice Recognition Market
6.2.1 Japan Far-Field Speech and Voice Recognition Market by Offering
6.2.1.1 Japan Far-Field Speech and Voice Recognition Market by Microphone Type
6.2.2 Japan Far-Field Speech and Voice Recognition Market by Application
6.3 India Far-Field Speech and Voice Recognition Market
6.3.1 India Far-Field Speech and Voice Recognition Market by Offering
6.3.1.1 India Far-Field Speech and Voice Recognition Market by Microphone Type
6.3.2 India Far-Field Speech and Voice Recognition Market by Application
6.4 South Korea Far-Field Speech and Voice Recognition Market
6.4.1 South Korea Far-Field Speech and Voice Recognition Market by Offering
6.4.1.1 South Korea Far-Field Speech and Voice Recognition Market by Microphone Type
6.4.2 South Korea Far-Field Speech and Voice Recognition Market by Application
6.5 Singapore Far-Field Speech and Voice Recognition Market
6.5.1 Singapore Far-Field Speech and Voice Recognition Market by Offering
6.5.1.1 Singapore Far-Field Speech and Voice Recognition Market by Microphone Type
6.5.2 Singapore Far-Field Speech and Voice Recognition Market by Application
6.6 Malaysia Far-Field Speech and Voice Recognition Market
6.6.1 Malaysia Far-Field Speech and Voice Recognition Market by Offering
6.6.1.1 Malaysia Far-Field Speech and Voice Recognition Market by Microphone Type
6.6.2 Malaysia Far-Field Speech and Voice Recognition Market by Application
6.7 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market
6.7.1 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Offering
6.7.1.1 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Microphone Type
6.7.2 Rest of Asia Pacific 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 Asia Pacific Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Digital Signal Processors Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Digital Signal Processors Market by Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Microphone Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Microphone Market by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Circular Arrays Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Circular Arrays Market by Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Single Arrays Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Single Arrays Market by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Single Microphone Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Single Microphone Market by Country, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Software Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Software Market by Country, 2023 - 2030, USD Million
TABLE 22 Asia Pacific Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Smart Speakers Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Smart Speakers Market by Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Smart TV/STB Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Smart TV/STB Market by Country, 2023 - 2030, USD Million
TABLE 28 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Automotive Market by Country, 2023 - 2030, USD Million
TABLE 30 Asia Pacific Robotics Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Robotics Market by Country, 2023 - 2030, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 34 Asia Pacific Far-Field Speech and Voice Recognition Market by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Far-Field Speech and Voice Recognition Market by Country, 2023 - 2030, USD Million
TABLE 36 China Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 37 China Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 38 China Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 39 China Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 40 China Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 41 China Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 42 China Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 43 China Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 44 Japan Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 45 Japan Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 46 Japan Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 47 Japan Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 48 Japan Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 49 Japan Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 50 Japan Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 51 Japan Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 52 India Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 53 India Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 54 India Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 55 India Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 56 India Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 57 India Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 58 India Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 59 India Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 60 South Korea Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 61 South Korea Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 62 South Korea Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 63 South Korea Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 64 South Korea Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 65 South Korea Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 66 South Korea Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 67 South Korea Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 68 Singapore Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 69 Singapore Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 70 Singapore Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 71 Singapore Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 72 Singapore Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 73 Singapore Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 74 Singapore Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 75 Singapore Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 76 Malaysia Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 77 Malaysia Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 78 Malaysia Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 79 Malaysia Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 80 Malaysia Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 81 Malaysia Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 82 Malaysia Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 83 Malaysia Far-Field Speech and Voice Recognition Market by Application, 2023 - 2030, USD Million
TABLE 84 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market, 2019 - 2022, USD Million
TABLE 85 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market, 2023 - 2030, USD Million
TABLE 86 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2022, USD Million
TABLE 87 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Offering, 2023 - 2030, USD Million
TABLE 88 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Microphone Type, 2019 - 2022, USD Million
TABLE 89 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Microphone Type, 2023 - 2030, USD Million
TABLE 90 Rest of Asia Pacific Far-Field Speech and Voice Recognition Market by Application, 2019 - 2022, USD Million
TABLE 91 Rest of Asia Pacific 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 Asia Pacific Far-Field Speech and Voice Recognition Market share by Offering, 2022
FIG 7 Asia Pacific Far-Field Speech and Voice Recognition Market share by Offering, 2030
FIG 8 Asia Pacific Far-Field Speech and Voice Recognition Market by Offering, 2019 - 2030, USD Million
FIG 9 Asia Pacific Far-Field Speech and Voice Recognition Market share by Application, 2022
FIG 10 Asia Pacific Far-Field Speech and Voice Recognition Market share by Application, 2030
FIG 11 Asia Pacific Far-Field Speech and Voice Recognition Market by Application, 2019 - 2030, USD Million
FIG 12 Asia Pacific Far-Field Speech and Voice Recognition Market share by Country, 2022
FIG 13 Asia Pacific Far-Field Speech and Voice Recognition Market share by Country, 2030
FIG 14 Asia Pacific 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.