Global Speech and Voice Recognition Market Estimated to Experience a Hike in Growth, Profits, Trends, Overview, Future Analysis and Forecasts 2024
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The market is segmented on the basis of delivery method, technology, end-user and geography.
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On the basis of delivery method the market is segmented into artificial intelligence (AI) based, and non-artificial intelligence based.
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On the basis of technology the market is segmented into voice recognition, and speech recognition. The voice recognition segment is further sub-segmented into speaker identification, and speaker verification. The speech recognition segment is further sub-segmented into automatic speech recognition, and text to speech.
Based on end-user the market is segmented into automotive, enterprise, consumer, banking, financial services, & insurance, government, retail, healthcare, military, legal, education.
Based on Geography the market is segmented into five geographical regions:
• North America
• South America
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Some of the major players of the global speech and voice recognition market are Nuance Communications, Inc., Microsoft Corporation, Alphabet Inc., Cantab Research Limited, Sensory, Inc., ReadSpeaker Holding B.V., Pareteum Corporation, Iflytek Co., Ltd. (China), VoiceVault Inc., VoiceBox Technologies Corp., LumenVox, LLC, and Acapela Group SA, Vocalzoom Ltd, Biotrust ID B.V., Uniphore Software Solutions Pvt. Ltd., among others.
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