Speech to Speech Translation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Voice Translation Market is Segmented by Hardware (Standalone, Server-Based, and Hybrid), Software, and by Geography (North America, Europe, and Asia-Pacific). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Speech to Speech Translation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Speech to Speech Translation Industry Overview

The market is considerably fragmented, with very few major players competing to gain market shares in the software segment of the market. The companies include AI and machine learning to enhance their offerings. The major companies include Microsoft Corporation, Google (Alphabet Inc.), APALON (IAC Search & Media Technologies Limited), Langogo, and Shenzhen Timekettle Technologies Ltd.

  • December 2022 - Microsoft announced the launch of real-time voice translation in Skype, which can translate an individual's voice in real-time using Artificial Intelligence (AI) to create a translated voice sound similar to the original speaker.
  • October 2022 - Meta introduced a New AI-Powered Hokkien Speech Translation System. The first AI-powered translation system for Hokkien, a language that is predominantly spoken, was developed by Meta as part of its Universal Speech Translator (UST) project.

Speech to Speech Translation Market Leaders

  1. Microsoft Corporation

  2. Google Inc. (Alphabet Inc.)

  3. APALON (IAC Search & Media Technologies Limited)

  4. Cheetah Mobile Inc.

  5. Triplingo Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Speech to Speech Translation Market - Market Concentration.png

Speech to Speech Translation Market Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?