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Voice Recognition Market to reach a market size of $126.5 billion by 2023

08-31-2017 03:22 PM CET | IT, New Media & Software

Press release from: KBV Research

According to a new report, “Global Voice Recognition Market (2017-2023)“, published by KBV Research, the Global Voice Recognition Market size is expected to reach $126.5 billion by 2023, rising at a market growth of 11.6% CAGR during the forecast period.

The North America market dominated the Global Non- Artificial Intelligence Based Voice Recognition Market by Region in 2016 with the significant market share, growing at a CAGR of 9.7 % during the forecast period. The Europe market is expected to witness a CAGR of 10.1% during (2017 – 2023). The Asia Pacific market is expected to witness a CAGR of 11.4% during (2017 – 2023). Additionally, The LAMEA market is expected to witness a CAGR of 11.9% during (2017 – 2023).

The Automatic Speech Recognition market dominated the Global Voice Recognition Market by Software Type in 2016 with the significant market share, growing at a CAGR of 14.4 % during the forecast period. The Speaker Verification market is expected to witness a CAGR of 14.7% during (2017 – 2023). Additionally, The Storage Devices & Processors market is expected to witness a CAGR of 16.9% during (2017 – 2023).

The Consumer Electronics & Retail market dominated the Global Voice Recognition Market by Vertical in 2016 with the significant market share, growing at a CAGR of 10.5 % during the forecast period. The Healthcare market is expected to witness a CAGR of 12.6% during (2017 – 2023). The Home Security & Automation market would attain market value of $9,488.8 million by 2023.

(CLICK HERE FOR FREE COMPETITION INSIGHTS)

Based on the Analysis presented in the Cardinal matrix, Google Inc., Microsoft Corporation and Apple Inc. are the forerunners in the Voice Recognition market. Companies such Nuance Communications, Inc., Hoya Corporation, Amazon.com and Raytheon Company are the some of the key innovators in Voice Recognition Market.

Full Report: http://kbvresearch.com/voice-recognition-market/

KBV Cardinal Matrix – Voice Recognition Market

Voice Recognition Market

Source: KBV Research

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Voice Recognition Market have been discussed in the report with competition analysis and the elaborated company profiles of Nuance Communications, Inc., Microsoft Corporation, Google Inc., Apple, Inc., Amazon.com, Inc., Hoya Corporation (Readspeaker Holding B.V.), International Business Machines Corporation, VoiceVault, Inc., Raytheon Company, and Advanced Voice Recognition Systems, Inc.

Full Report: http://kbvresearch.com/voice-recognition-market/

Voice Recognition Market Segmentation

By Types

Enhanced Devices
Hardware
Software
Automatic Speech Recognition
Speaker Verification
Storage Devices & Processors
By Applications

Non- Artificial Intelligence Based
Artificial Intelligence Based
By Verticals

Consumer Electronics & Retail
Automotive
BFSI
Healthcare
Home Security & Automation
Others
By Geographies

North America Voice-Recognition Market
US Voice-Recognition Market
Canada Voice-Recognition Market
Mexico Voice-Recognition Market
Rest of North America Voice-Recognition Market
Europe Voice Recognition Market
Germany Voice-Recognition Market
UK Voice-Recognition Market
France Voice-Recognition Market
Russia Voice-Recognition Market
Spain Voice-Recognition Market
Italy Voice-Recognition Market
Rest of Europe Voice-Recognition Market
Asia Pacific Voice-Recognition Market
China Voice-Recognition Market
Japan Voice-Recognition Market
India Voice-Recognition Market
South Korea Voice-Recognition Market
Singapore Voice-Recognition Market
Australia Voice Recognition Market
Rest of Asia-Pacific Voice-Recognition Market
LAMEA Voice-Recognition Market
Brazil Voice-Recognition Market
Argentina Voice-Recognition Market
UAE Voice-Recognition Market
Saudi Arabia Voice-Recognition Market
South Africa Voice-Recognition Market
Nigeria Voice-Recognition Market
Rest of LAMEA Voice-Recognition Market
Companies Profiled

Microsoft Corporation
Google Inc.
Apple, Inc.
Amazon.com, Inc.
Hoya Corporation (Readspeaker Holding B.V.)
International Business Machines Corporation
VoiceVault, Inc.
Raytheon Company
Advanced Voice Recognition Systems, Inc.
Unique Offerings from KBV Research

Exhaustive coverage of Global Voice-Recognition Market
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free
Related Reports:

North America Voice-Recognition Market (2017-2023)

Europe Voice-Recognition Market (2017-2023)

Asia Pacific Voice-Recognition Market (2017-2023)

LAMEA Voice-Recognition Market (2017-2023)

Knowledge Based Value Research is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals.

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Sector – 1, Vaishali – 201010
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Tel: 0120-4968631 / +91-9990696033
Email: info@kbvresearch.com

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