From GlobeNewswire: 2025-06-09 08:58:00

The Intelligent Voice Control Chip Market was valued at USD 7.04 billion in 2024 and is projected to reach USD 14.00 billion by 2032, with a growth rate of 9.06% from 2025-2032. The market is driven by the rising integration of voice assistants in consumer electronics, automotive systems, and smart homes, with the U.S. market leading the way.

Asia Pacific dominated the market in 2024 with a 37.21% revenue share, driven by rapid adoption of smart devices and AI technologies. North America is expected to grow fastest at a 9.94% CAGR, while Europe, Middle East, Africa, and Latin America show steady expansion supported by AI investments.

In 2024, the MP3 decoding segment led the market with a 44.94% revenue share, while the FLASH type segment is projected to grow fastest at a 10.21% CAGR. Consumer electronics led the market in 2024, with the automotive segment set to grow fastest at a 10.02% CAGR from 2025-2032.

Recent news includes XPENG Motors setting a new delivery record and Seeed Studio releasing the ReSpeaker Lite for home automation. The market report covers key industry segmentation by type and application, with leading market players like ARCMouser Electronics and UC-Davis listed.



Read more at GlobeNewswire: Intelligent Voice Control Chip Market to Surpass USD 14.00