Top 10 Speech and Language Assistance Device Companies | Provides Best Tech

Samruddhi Yardi
Samruddhi Yardi

Updated · Dec 9, 2024

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Speech and Language Assistance Device Market Overview

Speech and Language Assistance Device companies (SLAD) help individuals with speech or language impairments communicate more effectively.

It offers various input methods such as text input, touchscreens, eye tracking, or switches to select words or phrases.

The device then converts the input into speech using text-to-speech (TTS) technology or pre-recorded messages.

These devices are particularly helpful for people with speech disorders, autism, cerebral palsy, or those recovering from a stroke.

Market Drivers

The global Speech and Language Assistance Device market is driven by factors such as the increasing prevalence of speech and language disorders, especially among aging populations and individuals with disabilities.

Advances in technology, like AI and machine learning, have enhanced device capabilities, making them more accurate and user-friendly.

Rising awareness and acceptance of assistive technologies, along with supportive government initiatives and healthcare policies, also contribute to market growth.

Additionally, the growing demand for personalized and accessible communication solutions in both healthcare and educational sectors further fuels market expansion.

Market Size

The Global Voice and Language Intelligence market is expected to grow at a 21.8% CAGR, reaching USD 109.9 billion by 2032 from USD 18.6 billion in 2023.

Voice and Language Intelligence market

List of Major Companies

These are the top 10 companies operating in the Speech and Language Assistance Device Market:

Samsung

Company Overview

Establishment Year1938
HeadquarterSeoul, South Korea
Key ManagementJong-Hee Han (CEO)
Revenue (US$ Bn)$ 198.4 Billion (2022)
Headcount~ 98,557 (2022)
Websitehttp://www.samsung.com/

About Samsung

Samsung Electronics has made notable strides in speech and language assistance with features like Text-to-Speech and Live Translate on its Galaxy devices. In April 2024, it launched the Impulse app, using AI to assist those with speech disorders.

The company is also expanding Bixby to support more languages, including Turkish, Dutch, Swedish, and Romanian, by the end of 2024.

Additionally, Samsung acquired Sonio in May 2024 to enhance its medical device capabilities and is exploring further mergers and acquisitions in AI and digital health.

These initiatives reflect Samsung’s commitment to improving user experience and expanding its technology in this field.

Geographical Presence

Samsung Electronics Co., Ltd., headquartered in Seoul, South Korea, operates in over 74 countries with assembly plants, sales networks, and R&D facilities across the globe.

Its geographical presence includes significant manufacturing in Asia (South Korea, China, India, Vietnam), Europe (Germany, UK), and the Americas (U.S., Canada, Latin America).

The company generates revenue from regions such as Asia (47%), the Americas (35%), and Europe (18%). Samsung also operates over 60 Samsung Experience Stores worldwide, providing access to its range of products and services.

Recent Developments

  • In October 2024, Samsung Electronics expanded Galaxy AI to include Turkish, Dutch, Swedish, and Romanian, along with additional dialects in traditional Chinese and European Portuguese.
  • In May 2024, Samsung Electronics acquired Sonio SAS, a fetal ultrasound AI software company. Combining Sonio’s AI expertise with Samsung Medison’s ultrasound systems will enhance AI workflows and improve prenatal care outcomes.

LG

Company Overview

Establishment Year1947
HeadquarterSeoul, South Korea
Key ManagementWilliam Cho (CEO)
Revenue (US$ Bn)$ 64.5 B (2022)
Headcount~  37,835 (2022)
Websitehttp://www.lge.co.kr/

About LG

LG Electronics has made significant progress in speech and language assistance, enhancing accessibility in home appliances.

Features like voice recognition in products such as the LG PuriCare Water Purifier, air conditioners, and robot vacuum cleaners enable hands-free operation, benefiting individuals with motor impairments.

In July 2024, LG acquired an 80% stake in smart home platform Athom to strengthen its AI-driven intelligent space business.

Additionally, LG developed braille stickers and embossed button remote controls to assist visually impaired users, highlighting its commitment to inclusivity and user convenience.

Geographical Presence

LG Electronics Inc., headquartered in Seoul, South Korea, has a vast global presence with manufacturing facilities in countries such as South Korea, the United States, Vietnam, Poland, Russia, Egypt, China, Thailand, Indonesia, India, and others.

The company operates regional headquarters in North America and Europe, with significant production in places like Tennessee, the U.K., and Germany. This extensive network allows LG to cater to diverse market demands and efficiently distribute its products worldwide.

Recent Developments

  • In July 2024, LG Electronics acquired Athom, a leading smart home platform based in the Netherlands, to enhance connectivity in open smart home ecosystems. This integration with LG’s Affectionate Intelligence technology aims to drive AI-driven home innovation.
  • In May 2024, LG Electronics India introduced the LG CineBeam Q (HU710PB) projector.

Xiaomi

Company Overview

Establishment Year2010
HeadquarterBeijing, China
Key ManagementLei Jun (CEO)
Revenue (US$ Bn)$ 0.4 Billion (2022)
Headcount~ 32,543 (2022)
Websitehttps://www.mi.com/global/

About Xiaomi

Xiaomi has made notable advancements in speech and language assistance, particularly through its XiaoAI voice assistant.

In August 2023, the company announced plans to integrate generative AI into XiaoAI for improved user interaction. In October 2024, Xiaomi India launched a Sign Language Support feature to aid hearing and speech-impaired users with virtual consultations.

Additionally, Xiaomi acquired Deepmotion Tech Limited in September 2021 to strengthen its autonomous driving capabilities, highlighting its focus on AI and accessibility.

Geographical Presence

Xiaomi Corporation, founded in 2010 and headquartered in Beijing, has rapidly expanded its global presence.

The company is a market leader in smartphones and consumer electronics, with a strong footprint in China, India, Southeast Asia, Latin America, Europe, and the Middle East.

Xiaomi has diversified its portfolio to include smart home devices and electric vehicles, with its latest electric sedan launch in 2024.

Through localization, online and offline sales channels, and ecosystem development, Xiaomi has solidified its position as a major player in the global consumer electronics market.

Recent Development

  • In January 2024, Xiaomi introduced the Redmi Note 13 Series in the Indian market.
  • In August 2023, Xiaomi partnered with Pixelworks Inc. and launched the Redmi K60 Ultra smartphone.

Google

Company Overview

Establishment Year1998
HeadquarterMountain View, California, US.
Key ManagementSundar Pichai (CEO)
Revenue (US$ Bn)$ 305.6 Billion (2023)
Headcount~ 182,502 (2023)
Websitehttp://www.google.com/

About Google

In October 2023, Google launched “Assistant with Bard,” a personal assistant powered by generative AI that combines Bard’s reasoning with Assistant’s personalized help, enabling interactions through text, voice, or images for more natural, context-aware responses.

Google also expanded its Gemini Live voice chat to support over 40 languages, including Spanish, French, German, Portuguese, and Hindi, enhancing global accessibility.

Additionally, Project Relate, an AI technology, aids individuals with non-standard speech, underscoring Google’s commitment to improving communication and inclusivity.

Geographical Presence

Google LLC, a subsidiary of Alphabet Inc., operates over 70 offices across more than 50 countries. Its global headquarters is located in Mountain View, California, with regional offices in North America (including the US and Canada), Latin America (e.g., Brazil, Mexico), Europe (e.g., Ireland, UK, Germany, France), Asia-Pacific (e.g., India, Japan, Singapore), and the Middle East and Africa (e.g., UAE, Israel, South Africa). This widespread presence highlights Google’s dedication to serving diverse markets worldwide.

Recent Development

  • In October 2024, Google expanded its Gemini Live AI voice chat to include French, German, Portuguese, Hindi, and Spanish.
  • In October 2023, Google introduced Assistant with Bard, a generative AI-powered assistant that combines Bard’s reasoning with personalized help. It supports interactions via text, voice, or images and can perform tasks for you.

Sony

Company Overview

Establishment Year1946
HeadquarterTokyo, Japan
Key Management Kenichiro Yoshida (CEO)
Revenue (US$ Bn)$ 85.3 B (2022)
Headcount~ 113,000 (2023)
Websitehttps://www.sony.com/

About Sony

Sony Corporation has made significant advancements in the speech and language assistance sector, particularly through the development of over-the-counter (OTC) hearing aids.

In September 2022, Sony partnered with WS Audiology to create self-fitting OTC hearing aids, combining Sony’s audio technology with WS Audiology’s expertise in hearing aid innovation.

This collaboration led to the US launch of the CRE-C10 and CRE-E10 models in October 2022, designed to adapt to users’ speech and surroundings for a personalized hearing experience.

Building on this, in August 2024, Sony expanded its OTC hearing aid lineup with the introduction of the CRE-C20, featuring advanced sound technology and a rechargeable battery in a discreet design.

These initiatives reflect Sony’s commitment to enhancing accessibility and user experience in the hearing assistance market.

Geographical Presence

Sony Corporation, headquartered in Japan, operates globally and has a significant presence in North America, Europe, Asia-Pacific, and Latin America.

Its diverse business segments include gaming (PlayStation), music, film production, consumer electronics, and financial services. Sony’s operations span various regions, with manufacturing hubs in China and India, research centers in Europe, and entertainment divisions in the US and Japan.

The company is shifting its focus from traditional electronics to content creation and advanced technologies, highlighted by strategic acquisitions like EMI Music Publishing and Crunchyroll, reinforcing its commitment to delivering emotionally impactful experiences across media.

Recent Developments

  • In May 2024, Sony unveiled a microsurgery robot with automatic instrument exchange and precise control.
  • In September 2022, Sony Corporation and WS Audiology Denmark A/S partnered to jointly develop and supply new products and services for the OTC self-fitting hearing aid market, starting in the US.

IBM

Company Overview

Establishment Year1911
HeadquarterArmonk, New York, United States
Key ManagementArvind Krishna (CEO)
Revenue (US$ Bn)$ 61.8 Billion (2023)
Headcount~ 282,600 (2023)
Websitehttp://www.ibm.com/

About IBM

IBM Corporation has made significant strides in the speech and language assistance sector with its AI-powered products.

IBM Watson Text to Speech converts written text into natural audio, enhancing user engagement, while Watson Speech to Text provides accurate speech transcription for customer service and analytics. The IBM watsonx Assistant offers consistent virtual assistance across platforms.

Recently, IBM introduced a Large Speech Model to improve speech recognition accuracy in customer care and launched a $500 million AI venture fund, reinforcing its commitment to advancing AI technologies.

Geographical Presence

IBM Corporation operates in over 175 countries, with a significant presence in the Americas, EMEA (Europe, Middle East, and Africa), and Asia-Pacific.

The company generates about 50% of its revenue from the Americas while also maintaining offices in key countries across Europe, India, China, Japan, and Australia.

IBM is adapting to global market changes, recently reducing its R&D operations in China but expanding its workforce in Ireland to support AI development.

Overall, IBM’s extensive geographical footprint reflects its commitment to global innovation and strategic market adjustments.

Recent Developments

  • In September 2024, Star Union Dai-ichi Life Insurance (SUD Life) and QuantumStreet AI announced a collaboration to integrate IBM Watsonx-powered generative AI into SUD Life’s investment offerings.
  • In November 2023, IBM launched a $500 million venture fund to invest in AI companies, from startups to hyper-growth firms, focused on advancing generative AI for enterprises.

Apple

Company Overview

Establishment Year1976
HeadquarterCupertino, California, U.S.
Key ManagementTim Cook (CEO)
Revenue (US$ Bn)$ 363.2 Billion (2023)
Headcount~ 161,000 (2023)
Websitehttps://apple.com/

About Apple

Apple Inc. has advanced in speech and language assistance through AI-driven products and accessibility features. Siri, its voice assistant, uses natural language processing to perform tasks and has been enhanced with generative AI for more interactive experiences.

In May 2023, Apple launched “Personal Voice,” allowing users at risk of speech loss to create a synthetic version of their voice, which works with “Live Speech” to vocalize typed text.

Additionally, Apple received FDA approval for over-the-counter hearing aid software in AirPods Pro, offering personalized hearing support for those with mild to moderate hearing loss. These innovations highlight Apple’s focus on AI and machine learning to improve accessibility and user interaction.

Geographical Presence

Apple Inc., headquartered in Cupertino, California, operates in over 150 countries with significant markets in the Americas, Europe, Greater China, and Asia Pacific.

The company holds a strong presence in the United States, contributing major sales, and has expanded retail stores across Europe. In Greater China, Apple continues to grow, with plans for local manufacturing investments.

Additionally, Apple diversifies its supply chain, with key production in India, Vietnam, and Brazil, and relies on manufacturers like Foxconn in China. Apple’s global operations reflect its strategic approach to maintaining a robust, diversified market presence.

Recent Developments

  • In June 2024, Apple unveiled major AI upgrades for its products, including the iPhone, as part of a new feature called Apple Intelligence. This includes significant improvements to Siri and the integration of built-in ChatGPT.
  • In May 2023, Apple previewed new accessibility features for cognitive, vision, hearing, and mobility needs, including tools for nonspeaking individuals. These updates use hardware, software, and on-device machine learning to enhance privacy and inclusivity.

Philips

Company Overview

Establishment Year1891
HeadquarterAmsterdam, Netherlands
Key ManagementRoy Jakobs (CEO)
Revenue (US$ Bn)$ 19.6 Billion (2022)
Headcount~ 78,000  (2023)
Websitehttp://www.philips.com/

About Philips

Koninklijke Philips N.V. has advanced in speech and language assistance with innovations like BeClear Speech Enhancement algorithms, which improve voice clarity in noisy environments for smoother conversations and voice commands.

The company also offers a multilingual Text-to-Speech engine optimized for embedded systems. In 2021, Philips acquired BioTelemetry, Inc. to expand its healthcare tech portfolio.

Additionally, in August 2023, Exor N.V. acquired a 15% stake in Philips, signaling strong support for the company’s strategic direction in healthcare and technology. These moves highlight Philips’ commitment to advancing speech and language technologies within healthcare.

Geographical Presence

Koninklijke Philips N.V. operates in over 100 countries, with significant market shares in North America, Asia, and Western Europe. North America accounts for around 40% of its revenue, with a strong presence in the U.S. Philips also has key operations in China and India.

In Western Europe, particularly the Netherlands and Germany, the company maintains substantial manufacturing and R&D facilities.

Philips operates 111 manufacturing facilities and 59 R&D centers across 26 countries, employing over 78,000 people globally. The company’s High Tech Campus in Eindhoven, Netherlands, serves as a central hub for innovation.

Recent Development

  • In August 2023, Exor acquired a 15% stake in Philips through a relationship agreement, supporting Philips’ leadership, strategy, and value creation. This investment allows Exor to nominate one member to Philips’ Supervisory Board.
  • In February 2021, Philips acquired BioTelemetry, Inc., a US leader in remote cardiac diagnostics, enhancing its cardiac care portfolio and supporting its strategy to deliver integrated care solutions across the health continuum.

Oracle

Company Overview

Establishment Year1977
HeadquarterAustin, Texas, United States
Key ManagementSafra Catz (CEO)
Revenue (US$ Bn)$ 52.9 Billion (2024)
Headcount~ 159,000 (2024)
Websitehttps://www.oracle.com/

About Oracle

Oracle Corporation has progressed in the speech and language assistance sector with its Oracle Cloud Infrastructure (OCI) Speech service, which uses automatic speech recognition for real-time and asynchronous transcription in multiple languages.

OCI Speech also offers neural text-to-speech capabilities, creating natural-sounding speech from text. In April 2024, Oracle partnered with Palantir Technologies to provide AI solutions to governments and businesses, combining data analytics with cloud infrastructure.

Additionally, in September 2024, Oracle teamed up with AWS to offer Oracle Database services on AWS, enhancing multi-cloud capabilities and data integration. These moves highlight Oracle’s focus on expanding its cloud and AI services.

Geographical Presence

Oracle Corporation, headquartered in Austin, Texas, operates globally with offices across North America, including cities like Irvine, Pleasanton, and Santa Clara.

It has a strong presence in Latin America, with locations in countries like Brazil, Mexico, and Argentina. In Europe, the Middle East, and Africa, Oracle is present in nations such as the UK, Germany, France, and South Africa.

Additionally, it has offices across Asia Pacific, including Australia, China, India, Japan, and Singapore, allowing the company to deliver localized support and services to its diverse global clientele.

Recent Development

  • In October 2024, Oracle struck a deal to offer its database services on Amazon Web Services infrastructure, aiming to close the gap with Amazon’s cloud dominance.
  • In April 2024, Oracle and Palantir partnered to deliver secure cloud and AI solutions, enhancing data value, efficiency, sovereignty, and competitiveness.

Amazon

Company Overview

Establishment Year1994
HeadquarterSeattle, Washington, U.S.
Key ManagementJeff Bezos (Executive Chairman)
Revenue (US$ Bn)$ 574.8 Billion (2023)
Headcount~ 1,525,000 (2023)
Websitehttps://www.amazon.com/

About Amazon

Amazon.com, Inc. has made significant advancements in the speech and language assistance sector, primarily through its voice-controlled virtual Assistant, Alexa.

Alexa is integrated into a range of Amazon devices, including the Echo smart speakers, facilitating hands-free interaction and control over various smart home functionalities.

In 2022, Amazon expanded its media capabilities by acquiring MGM for $8.5 billion, adding a vast library of content to its portfolio.

Further enhancing its healthcare services, Amazon announced plans to acquire One Medical in 2022, aiming to integrate technology-driven primary care into its offerings.

These strategic moves underscore Amazon’s commitment to enhancing user interaction and expanding its service ecosystem through speech and language technologies.

Geographical Presence

Amazon.com, Inc. has a vast global presence, operating in 20 countries through dedicated e-commerce platforms in regions such as North America, Europe, Asia, South America, the Middle East, and Africa.

Additionally, Amazon Web Services (AWS) spans 34 geographic regions, ensuring low-latency services worldwide.

The company operates 185 fulfillment and sortation centers in 33 countries, along with numerous delivery stations and corporate offices globally.

Recent investments include €17.8 billion in Germany, €15.7 billion in Spain, and the launch of Amazon.co.za in South Africa, further expanding its infrastructure and services.

Recent Developments

  • In July 2022, Amazon acquired One Medical, a technology-driven primary care organization focused on making quality care more affordable, accessible, and enjoyable through a blend of in-person, digital, and virtual services.
  • In March 2022, Amazon completed its $8.5 billion acquisition of MGM, adding over 4,000 films and 17,000 TV shows to Prime Video.
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Samruddhi Yardi

Samruddhi Yardi

Samruddhi Yardi has done her MBA in Marketing, and after working in sales for 4+ years, she has shifted to the market research industry.

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