Voice Recognition Market - Revenue Outlook, Segmentation and Key Trends to 2028

1
Voice Recognition Market - Revenue Outlook,
Segmentation and Key Trends to 2028
2

• Industry Insights

• The Voice Recognition industry size is predicted
  to cross USD 10 billion by 2028. Real-time speech
  analytics and voice biometrics demand are driving
  developments in the voice recognition industry.
  Several organizations have started using
  voice-activated systems and virtual voice
  assistants.
• New innovations in voice tech are transforming
  the industry. Technology is making lives easier
  as voice assistants on mobile apps. Voice-powered
  mobile applications are increasing as they are
  saving people from complicated navigations.
  Government bodies are also focusing on improving
  data and cyber security which is increasing the
  demand for voice recognition. This feature allows
  safety and security using personalized
  authentication and helps reduce fraudulent
  activities.
• Over the years, cars and technology integrated
  within them have grown together. New innovations
  are making cars intelligent. Most cars come
  packed with a plethora of features but using them
  while driving can be distracting. So, companies
  are leaning towards voice recognition features.

3

• Consumer electronics like TVs, refrigerators,
  washing machines, fans, lights, and much more are
  becoming smart each day. In many consumer
  devices, companies are integrating voice
  recognition. The new GE Profile Top Load 900
  series washing machine has Amazon Alexa built-in.
  Amazon voice assistant is used by GE appliances
  that can play music, tell a joke, etc.
• For instance, if there is a bad stain on a shirt
  and you need help removing it, you google it.
  However, in this washing machine, Alexa will do
  it for you. The company says that it is trying to
  give a personalized experience to the customers.
• The specialty of voice activated machines is that
  they can respond to commands like wash cotton
  clothes, remove pen ink, or wash whites by saying
  optimizing the washer. Companies are offering
  hands-free control of the washers to customers.
• Currently, smartphones owners are the biggest
  users of voice assistants. Smart TVs are becoming
  smarter with each passing day and via integration
  of new technology. Every industry wants to add a
  personal touch to its products or services,
  speech recognition is doing that for them. Many
  sectors are using this feature as an added
  security benefit. Many more AI voice-recognizing
  assistants similar to Alexa, Siri, and Google
  could be seen over the upcoming years.

4
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/1
572
5

• Competitive Analysis

• Major companies operating in the voice
  recognition market include Aculab PLC, Advanced
  Voice Recognition Systems Inc., Alphabet Inc.,
  Amazon.com Inc., Apple Inc., Aware Inc.,
  Brainasoft, Fujitsu Ltd., IBM Corporation,
  Iflytek, Microsoft Corporation, NEC Corporation.

Request for Customization _at_ https//www.gminsights
.com/roc/1572
6
Latest Research Report On Space Robotics Market _at_
https//www.gminsights.com/industry-analysis/voice
-recognition-market
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/1
572
Request for customization _at_ https//www.gminsights
.com/roc/1572
7
THANK YOU
www.gminsights.com