In the fiscal year 2020, the sales value of the speech recognition market in Japan was estimated at approximately 11.4 billion Japanese yen. It was projected that the market size would more than double in the coming years, reaching a value of approximately 24.4 billion yen by fiscal year 2025. The projection was based on the assumption that the relevancy of automatic speech recognition will increase even further due to a number of factors, such as more companies using the internet and further technological improvements.
Sales values of the speech recognition market in Japan in fiscal year 2020 with a forecast until 2025
(in billion Japanese yen)
Characteristic
Sales value in billion Japanese yen
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fiscal year 2020; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
values based on sales at businesses
Supplementary notes
*Forecast.
The research object were domestic Japanese companies developing/providing speech recognition technology and/or business solutions using speech recognition technology.
The speech recognition market refers to software and services related to speech recognition engines/speech recognition, and hardware using speech recognition technology (including microphones, speakers, head-mounted displays (HMD) and smartglasses sold by domestic speech recognition vendors).
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
Values have been rounded.
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Yano Research. (January 13, 2022). Sales values of the speech recognition market in Japan in fiscal year 2020 with a forecast until 2025 (in billion Japanese yen) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1301301/japan-speech-recognition-market-size/
Yano Research. "Sales values of the speech recognition market in Japan in fiscal year 2020 with a forecast until 2025 (in billion Japanese yen)." Chart. January 13, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1301301/japan-speech-recognition-market-size/
Yano Research. (2022). Sales values of the speech recognition market in Japan in fiscal year 2020 with a forecast until 2025 (in billion Japanese yen). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1301301/japan-speech-recognition-market-size/
Yano Research. "Sales Values of The Speech Recognition Market in Japan in Fiscal Year 2020 with a Forecast until 2025 (in Billion Japanese Yen)." Statista, Statista Inc., 13 Jan 2022, https://www.statista.com/statistics/1301301/japan-speech-recognition-market-size/
Yano Research, Sales values of the speech recognition market in Japan in fiscal year 2020 with a forecast until 2025 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1301301/japan-speech-recognition-market-size/ (last visited July 27, 2024)
Sales values of the speech recognition market in Japan in fiscal year 2020 with a forecast until 2025 (in billion Japanese yen) [Graph], Yano Research, January 13, 2022. [Online]. Available: https://www.statista.com/statistics/1301301/japan-speech-recognition-market-size/
