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Speech & Voice Recognition Market Growth, Technological Innovation, Opportunities and Forecast to 2025 | Google, Apple, Voice Box Technology, Baidu, 5Sensory, Amazon.com, Microsoft, LumenVox

07-11-2019 04:10 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Speech & Voice Recognition Market

Speech & Voice Recognition Market

Voice and Speech Recognition is a software that helps the user to control computer functions and convert it into the text. There are two components, First component is for processing signal which is captured by the microphone and the second component is to translate the processed signal into words. Using Voice Recognition Technology increasing number of benefits are offered. Voice Recognition Technology is leveraged in the Semi-Autonomous and Autonomous Vehicles.

Increased demand for speech-based biometric systems for multifactor authentication is one of the major drivers for the growth in the market, whereas lack of accuracy in recognizing speech in regional accent can be a restraining factor in the market. Growing adoption of AI-based technologies and involvement of speech recognition in AI will bring new opportunities in the market in the coming years.

Some of the key players of Speech & Voice Recognition Market:
Google Inc., Apple Inc., Voice Box Technology Corporation, Baidu Inc., 5Sensory Inc., Amazon.com Inc., Microsoft Inc., LumenVox LLC, Advanced Voice Recognition System, Inc., Bio Trust ID B.V

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The "Global Voice & Speech Recognition Market Analysis to 2025" is a specialized and in-depth study of the voice & speech recognition industry with a focus on the global market trend. The report aims to provide an overview of global voice & speech recognition market with detailed market segmentation by technology, vertical and geography. The global voice & speech recognition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the voice and speech recognition players and offers key trends and opportunities in the market.

Market segment by Technology:
Voice Recognition, Speech Recognition

Market segment by Application, split into:
BFSI, Retail, Healthcare, Legal, Education, Military, Other

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Table of Contents:

1 Introduction
2 Key Takeaways
3 Speech & Voice Recognition Market Landscape
4 Speech & Voice Recognition Market- Key Industry Dynamics
5 Speech & Voice Recognition Market Analysis- Global
6 Speech & Voice Recognition Market Revenue and Forecasts to 2025 – Technology
7 Speech & Voice Recognition Market Revenue and Forecasts to 2025 – Vertical

8 Speech & Voice Recognition Market Revenue and Forecasts to 2025 - Geographical
8.1 North America
8.2 Europe
8.3 Asia Pacific (APAC)
8.4 Middle East and Africa (MEA)
8.5 South America (SAM)

9 Industry Landscape
10 Competitive Landscape
11 Speech & Voice Recognition Market, Key Company Profiles

11.1 Google, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments

11.2 Apple, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments

11.3 Voice Box Technology Corp.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments

11.4 Baidu, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments

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