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Automatic Speech Recognition Market Projected to Grow at +15% CAGR By 2022 – Report Studied By Focusing on Growth Analysis, Top Companies (Sensory, Nuance Communications, Dolby Fusion, Microsoft, IBM, Google, Cisco, Apple, Agnito, AT&T)

02-18-2018 12:20 AM CET | IT, New Media & Software

Press release from: It Intelligence Markets

/ PR Agency: It Intelligence Markets
Automatic Speech Recognition finds applications in user specific customized authentication such as constant interactions on electronic devices and mobile phones when several customers use the same product. Automatic voice based security systems are perceived to find substantial application in crowd control where the voice is used for the safety systems as entering passwords with keyboards often results in the long queue due to a time delay. This may spur product demand significantly over the next few years.

Global Automatic Speech Recognition Market Estimated to grow at a CAGR of +15% During forecast period

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Automatic Speech Recognition market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

Key Players Profiled in this Report includes, Sensory, Nuance Communications, Lumenvox Llc, Telisma S.A/On Mobile Global Ltd., Raytheon Bbn Technologies, Microsoft Tellme, Dolby Fusion Speech, Voxeo, Voice Trust Ag, Voice Biometrics Group, Validsoft Ltd, Mmodal, Microsoft Corp, IBM, Google, Cisco, Aurix, Auraya Systems, Apple, Agnito, AT&T Corp

The growing demand for speech-based biometrics for identification purpose is recognized as a primary driver for this market. The industry is witnessing a tremendous demand for speech recognition applications owing to the increasing incidence of fraud due to the use of text passwords. While regular letter or digit based passwords can be easily memorized and cracked and are a security threat, biometric passwords which replace symbols with the voice of a person are difficult to replicate.

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Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Automatic Speech Recognition market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market’s trajectory between forecast periods.

Reason to Access Automatic Speech Recognition Market Research Report:
Automatic Speech Recognition market is segmented on the basis of various parameters. The factors which are impacting the market’s growth are studied in detail. The report also presents a overall weaknesses which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period. Besides this, profiles of some of the leading players operating and encouraging in the growth of the global market are included in the study. Additionally, using SWOT analysis, markets weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period.

For More Information: https://www.itintelligencemarkets.com/enquiry_before_buying.php?id=511

Table of Contents
Global Automatic Speech Recognition Market Research Report
Chapter 1 Automatic Speech Recognition Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Automatic Speech Recognition Market Forecast

About:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.

Contact:
It Intelligence Markets
sales@itintelligencemarkets.com
+91 705-760-0700
https://www.itintelligencemarkets.com/

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