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Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42531 
  Pages: 110+  

Canada AI Speech-based NLP Market Analysis, Size, and Forecast by Technology, Deployment Model, Industry, Organization Size, and Application: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 June 2024  | 

Canada AI Speech-based NLP Market Growth and Performance

Canada AI Speech-based NLP Market

  • With a 32.3% year-over-year increase, the AI speech-based NLP market size in Canada reached US$ 373.4 Million in 2023.
  • This projection indicates a compound annual growth rate of 24.8% during 2024 to 2032, the Canada AI speech-based NLP market size reaching US$ 2.84 Billion by 2032.
  • In terms of spending, the natural language understanding (NLU) segment is anticipated to generate the highest revenue in 2032.
  • Within the Canadian AI speech-based NLP market, the IT and telecom sector is expected to dominate with a total revenue of US$ 989.7 Million by 2032.

Canada AI Speech-based NLP Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Technology

Automatic Speech Recognition (ASR

Natural Language Understanding (NLU

Language Generation and Synthesi

Speaker Recognition and Diarizatio

Sentiment Analysis and Emotion Detectio

Deployment Model

On-premis

Cloud-base

Hybri

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprise

Mid Enterprise

Small Enterprise

Application

Customer Service and Suppor

Virtual Assistants and Chatbot

Transcription and Voice-to-Tex

Voice Command and Contro

Voice Biometrics and Securit


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]