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Latest technology growth in Automatic Speech Recognition Market to grow by 2023 - Global Industry Analysis by Nuance Communications, Inc. (US), Microsoft Corporation (US), Alphabet Inc. (US), Cantab Research Limited (UK), Sensory, Inc.

10-16-2018 09:51 AM CET | IT, New Media & Software

Press release from: It Intelligence Markets

Latest technology growth in Automatic Speech Recognition

Automatic speech recognition (ASR) is the use of computer hardware and software-based techniques to identify and process human voice. It is used to identify the words a person has spoken or to authenticate the identity of the person speaking into the system. Automatic speech recognition is also known as automatic voice recognition (AVR), voice-to-text or simply speech recognition.

The New report on the global Automatic Speech Recognition market provides a comprehensive overview of the several essential elements of the market, factors projected to majorly affect the overall development of the market, regulatory scenario of the global and regional markets, and competitive landscape. The global market for radiation detection, monitoring, and safety has expanded significantly in the past few years in terms of introduction of technologically advanced equipment as well as the adoption of these equipment in different end-use sectors.

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Automatic Speech Recognition Market is expected to be valued at USD 6.19 Billion in 2017 and is likely to reach USD 18.30 Billion by 2023, at a CAGR of +19% between 2017 and 2023.

Top Key Players: Nuance Communications, Inc. (US), Microsoft Corporation (US), Alphabet Inc. (US), Cantab Research Limited (UK), Sensory, Inc. (US), ReadSpeaker Holding B.V. (Netherlands), Pareteum Corporation (US), Iflytek Co., Ltd. (China), VoiceVault Inc. (US), VoiceBox Technologies Corp. (US), LumenVox, LLC (US), and Acapela Group SA (Belgium).

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This report focuses on the Automatic Speech Recognition Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Global Automatic Speech Recognition Market development in North America, Europe, Asia–Pacific, South America, middle-East & Africa. Some of the major factors driving the market for global Automatic Speech Recognition are the data centers concentrating on the reduction of high power consumption, WAN consolidation and bandwidth requirements. Enhanced enterprise demand from vertical and rapid conversion into cloud-based services is the other factor which will drive the demand of global Automatic Speech Recognition market.

This report on Automatic Speech Recognition Market also offers competition estimation tools such as market positioning of key players, outstanding investment proposition, and Porter’s Five Forces model to give the readers a view of the reasonable consequence of the Automatic Speech Recognition Market. The Automatic Speech Recognition Market report is settled with company profiles chapter. This section highpoints major statistics about the key players engaged in growth, manufacture, distribution and sale of Automatic Speech Recognition Market in the worldwide markets.

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Table of Content:

Global Automatic Speech Recognition market Research Report 2018-2023

Chapter 1: Global Automatic Speech Recognition market Overview
Chapter 2: Global Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2018-2023)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2018-2023)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Automatic Speech Recognition Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Automatic Speech Recognition Market Effect Factors Analysis
Chapter 12: Automatic Speech Recognition Market Forecast (2018-2023)
Chapter 13: Appendix

About IT Intelligence Markets:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.

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