SPEECH & VOICE RECOGNITION Market trends research and projections for 2017-2024 - PowerPoint PPT Presentation

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SPEECH & VOICE RECOGNITION Market trends research and projections for 2017-2024

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The SPEECH & VOICE RECOGNITION market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for SPEECH & VOICE RECOGNITION industry targeted at helping in business decisions. – PowerPoint PPT presentation

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Title: SPEECH & VOICE RECOGNITION Market trends research and projections for 2017-2024


1
Speech Voice Recognition Market 2024
Industrial Forecast and Analysis Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Speech Voice Recognition
Market
  • North America, speech voice recognition market
    is predicted to lead owing to the large-scale
    implementation of biometric systems. Moreover,
    increasing demand for high level security coupled
    with strong economic conditions has led to a high
    adoption of biometric systems in the region
    thereby, driving the speech voice recognition
    market.
  • In Asia Pacific, economies such as China, India,
    Japan are anticipated to see high growth owing to
    the increasing demand of voice biometrics for
    security and authentication. Increasing demand of
    self-service applications in sectors such as
    BFSI, IT and telecom is further contributing to
    the growth of speech voice recognition market
    in the region. With several government agencies
    increasingly using voice biometrics for security
    authentication and with the presence of several
    electronics device manufacturers such as Sony,
    Samsung, LG in these regions it is anticipated to
    spur the overall speech voice recognition
    market growth.

3
Application Analysis of Speech Voice
Recognition Market
  • Customer care services in the speech voice
    recognition market will witness growth over the
    forecast timeline. Various business sectors such
    as BFSI, IT, telecom, healthcare and hospitality
    are using the technology to tackle the increasing
    occurrence of security breach in these sectors
    which is propelling the industry demand.
  • In the healthcare sector, the main use of speech
    and voice recognition technology, are for
    reporting health checkups, in data entry and in
    environments where the doctor or the dealing
    person cannot reach.
  • An automated speech recognition system in
    medical equipment addresses, the ease of use and
    the hands-free environment which in turn is
    helping spur the speech voice recognition
    market growth.

4
Competitive Market Share of Speech Voice
Recognition Market
  • Industry participants in the speech voice
    recognition market include Nuance Communications,
    Apple Inc., MModal. Speech, Microsoft, IBM, and
    Google. The speech voice recognition market is a
    highly competitive industry with presence of many
    players who are focused on improving accuracy to
    gain more market share to get better of their
    competitors.
  • The companies in the speech voice recognition
    market are following aggressive competitive
    strategies which consists of acquiring
    established companies which act as competitors
    who are prominent in different markets.

5

Browse Full Market Research Report On Speech
Voice Recognition Market _at_ https//goo.gl/A7GjeQ
Request for an in-depth table of contents for
this report _at_ https//www.gminsights.com/request-t
oc/upcoming/1667
6
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