Press release
Emeging Evolution : Speech Recognition for Consumer Electronics Market Will Globally Expand At A CAGR Of 28.25% By 2021
Speech recognition is the process of aiding a computer identify sounds of human speech and respond to them to give the desired output. Speech recognition is integrated with a wide variety of consumer electronic devices, such as smartphones, tablets, laptops, PCs, smart watches, gaming consoles, and smart TVs.
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Technavios analysts forecast the global speech recognition for consumer electronics market to grow at a CAGR of 28.25% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global speech recognition for consumer electronics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Speech Recognition for Consumer Electronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
apple
Microsoft
Nuance Communications
Market driver
Growing stringency in road safety regulations
For a full, detailed list, view our report
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Market challenge
Using speech recognition in public places
For a full, detailed list, view our report
Market trend
Speech recognition software turning into personal assistants
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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