Speech recognition has applications across many domains including workplace tools, smartphones, automobiles, and customer relationship management systems. The technology is growing rapidly, with the global market expected to reach $16 billion by 2023. Major companies like Microsoft, Google, Apple, Amazon and Baidu are actively investing in and patenting speech recognition innovations to improve natural language processing and voice assistant capabilities. The widespread adoption of voice assistants, voice searches, and other speech-driven technologies will likely continue to drive growth in this market over the coming years.

1. Speech Recognition
• Rule-based HR tasks
• Augmenting internal workplace education
• Automating tasks with voice commands
• Feedback at workplace
Examples: Cortana assistant, Alexa for office
Workplace
• Voice dialling
• Dictation
• Translation
Examples: Google Mobile apps, Bing,
Vlingo, Apple’s Siri, Dragon
Smartphones
• Voice search
• Translation
Examples: Google Voice search,
Cortana, Siri
Search
• Human-car interaction
• Navigation system
• In-car steering system
• In-car entertainment system
Examples: Dragon Drive, Toyota’s Entune,
Chevrolet’s My Link system, Chrysler’s
Uconnect system, Mercedes’ Command
system
Automobiles
• Customer service and management
• Automated attendants
• Personalized marketing
• Automated feedback
Examples: Zoho’s Zia voice assistant, Microsoft Dynamics CRM
CRM
Top Patent Holders High Quality* Patents
Growth in Patent Filings
Patent Holder
Number of High Quality
Patent Applications
677
539
421
226
222
165
160
Patent Jurisdictions Technology Category Trends
High Quality* Patents – Patents with a Relecura Star
Rating of 3 and above (out of 5).
Top Acquirers
Patent Transactions
Top Sellers
Key Transfers
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Sources:
Voice of the Future: Where is Speech Recognition Headed?
Nuance Communications – Giving Voice to Technology
An Overview of Modern Speech Recognition
Speech and Voice Recognition Market
Best voice recognition software of 2019
Speech recognition
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Speech Recognition has permeated into our everyday lives.
Voice assistants such as Amazon’s Alexa and Google’s Home are a growing trend.
Given its usage and wide applications, speech technology is poised to grow over the years.
The global speech
recognition market
is expected to reach
USD 16 billion by
2023 at a CAGR of
16% during the
forecast period of
2018 to 2023.
50% of all searches
will be voice
searches by 2020.
- Comscore
Apple, Google,
Xiaomi, Amazon, and
other manufacturers
collectively shipped
16.8 million units in
Q1 of 2018.
-Canalys
Voice-based
shopping is
expected to jump
to $40 billion in
2022.
- PRnewswire
Google Assistant
can handle 70% of
the requests in
natural language.
- Thinkwithgoogle
The Chinese
market for voice
search devices
accounted for 52%
of Global smart
speaker growth in
2018.
- Canalys
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12000
14000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Number of Active Published Applications
Patent Trends
Market Trends
Applications
Microsoft acquires
Entropic, the "most
accurate speech
recognition system" of
the time.
Google adds "personalized
recognition" to Voice
Search on Android
phones.
Apple announces Siri
that relies on cloud-
based processing.
Nuance launches
AI-powered
Dragon Drive for
cars.
4.
2713
2561
2539
4. Alphabet 9. Toshiba
5. IBM 10. NTT
6. Sony 11. Baidu
7. Panasonic 12. Apple
8. Mitsubishi 13. LG
China – 21.3K
+
Japan – 8.2K +
USA – 24.8K +
Germany – 1.5K +
Europe – 5.4 K +
Korea – 3.7K +
Taiwan – 1.0K
+
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4000
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6000
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9000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Speaker identification
Speech analysis
Speech enhancement, noise reduction, echo cancellation
Speech synthesis, coding, decoding
System architecture