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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42349 
  Pages: 110+  

Vietnam AI Speech Recognition Market Analysis, Size, and Forecast by Components, Deployment Model, Value Proposition, Functionality, End Users, and Region: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 May 2024   

Vietnam AI Speech Recognition Market Snapshot

Vietnam AI Speech Recognition Market

  • Vietnam AI speech recognition market is expected to witness substantial growth in the coming years, expanding at a CAGR of 17.64 % from 2024 to2032, to achieve market value of US$ 107.3 Million by 2032.
  • The cloud-based segment stood at US$ 14.3 Million in 2023.
  • Among the different segments within the AI speech recognition market, the IT and Telecom segment is estimated to be the largest end user in the Vietnam, with market value of US$ 8.0 Million in 2024.
  • By end user, the bfsi sector to remain fastest growing segment in the Vietnam AI speech recognition market throughout the forecast period, with 19.0% CAGR.

Vietnam AI Speech Recognition Industry Coverage

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Components

Hardware

Software

Services

Deployment Model

Cloud-based

On-premise

Value Proposition

Open & Integrable Solutions

Customizable & Tailored Solutions

Functionality

Real-Time Speech Processing

High-Fidelity Speech-to-Text

Multi-Language Machine Translation

Domain-Specific Language Translation

Others

End Users

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other