Voice to Text on Mobile Devices Market Value Share, Supply Demand, share and Value Chain 2016-2026
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Voice to Text on Mobile Devices Market: Drivers & Restraints
Voice to text on mobile devices capabilities enhance the missed-call and voicemail offerings across VAS (value added service) and network services. Voice-to-text on mobile devices improves customer satisfaction and generates revenue for various mobile network providers. A major limitation of the global voice to text mobile devices is that speech recognition is performed on a server. Mobile network connections are often slow which further limits the penetration of the voice to text mobile devices. The global voice to text mobile devices market has opportunities to invent techniques for building an accurate, small-footprint speech recognition system that can run in real-time on modern mobile devices.
Voice to Text on Mobile Devices Market: Segmentation
The global voice to text on mobile devices market is classified on the basis of type of mobile device platform and region.
On the basis of mobile device platform type segmentation, the global voice to text on mobile devices market is classified as follows:
Android-based Mobile Devices
iOS-based Mobile Devices
BlackBerry OS-based Mobile Devices
Windows-based Mobile Devices
Voice to Text on Mobile Devices Market: Overview
With Voice-to-text on mobile devices, one can send and receive text messages, post Facebook and Twitter updates, emails, all hands-free. Voice-to-text has an incredibly accurate voice recognition technology. Other applications of Voice-to-text on mobile devices include setting reminders, making appointments, and searching the internet without lifting a finger. Currently, a new application is available for deaf people who excel at lip reading. In meetings or group conversations wherein it gets difficult to follow a conversation when many people speak together, the applications aid in translating the speech into written words and transcribing it on screen in near real time. As a result, the global Voice-to-text on mobile device market growth is expected to be boosted by growing prominence of social networking websites and its hands-free feature.
Voice to Text on Mobile Devices Market: Region wise Overview
Geographically, global voice to text on mobile devices market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa (MEA). Broad language coverage in Voice-to-text, with language detection for multi-language solutions is an important feature on mobile devices. The most common languages available for Voice-to-text are English (US, UK, Canada, Australia), Spanish (Latin American variations), German, French, Italian and Portuguese. Therefore, countries in America and Europe are expected to hold more than half the share in the global voice to text on mobile devices market.
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Voice to Text on Mobile Devices Market: Key Players
The key players in global Voice-to-text on mobile devices market are Nuance Communications, Inc., SingTel Optus Pty Limited, iSpeech, Inc., Apple Inc., Microsoft Corporation, Google Inc., to name a few.
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