MEA Speech-based NLP Market Size | 2019-2032

MEA Speech-based NLP Market Size and Forecast by Technology, Deployment Model, Industry, Organization Size, Application, and Country: 2019-2032

Avalibale Format*:   Pivot  |  ReportID: AI42511  |  Coverage: REGIONAL | Type: DataBook
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: June 2024   

MEA Speech-based NLP Market Growth and Performance

MEA Speech-based NLP Market


  • The speech-based NLP market size in MEA increased to US$ 722.6 Million in 2023, with a year-on-year growth rate of 29.2%.
  • By the end of 2032, the Middle East & Africa speech-based NLP market is on track to achieve US$ 6.37 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 27.5% throughout the forecast period.
  • The automatic speech recognition (ASR) segment is estimated to hold the largest market share of 43.7% and be valued at US$ 2.79 Billion in 2032.
  • In 2032, 22.0% of the total spending in the Middle East & Africa speech-based NLP market is forecasted to come from Nigeria.

MEA Speech-based NLP Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Technology

Automatic Speech Recognition (ASR)

Natural Language Understanding (NLU)

Language Generation and Synthesis

Speaker Recognition and Diarization

Sentiment Analysis and Emotion Detection

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

Application

Customer Service and Support

Virtual Assistants and Chatbots

Transcription and Voice-to-Text

Voice Command and Control

Voice Biometrics and Security

 

MEA Speech-Based NLP Industry: Regional Coverage

 

Countries

MEA

Israel

South Africa

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Turkey

Nigeria

Kenya

Zimbabwe

Rest of MEA

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