The Evolution of Voice Technology: Speech Recognition Market Trends The global Speech Recognition Market size was valued at USD 13,120.12 million in 2022. According to the latest report by Straits Research, it is projected to reach USD 66,200.48 million by 2031, growing at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period (2023–2031). Speech recognition technology involves the use of advanced algorithms and machine learning to...
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