x
  • Search Result for

Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42564 
  Pages: 110+  

India 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  | 

India AI Speech-based NLP Market Growth and Performance

India AI Speech-based NLP Market

  • 2023 saw the India AI speech-based NLP market size rose to US$ 304.2 Million, marking a 45.7% YoY growth.
  • DataCube Research foresees, the AI speech-based NLP market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 5.52 Billion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 37.5% from 2024 to 2032.
  • Within the Indian AI speech-based NLP market, our research highlights the dominance of the automatic speech recognition (ASR) segment, which claimed the largest market share of 36.9% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 40.0% during the forecast period spanning 2024 to 2032.

India 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

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


*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]