Global Voice Recognition Market Size Cheap Soccer Jerseys , Share, Growth, Trends, Analysis and Forecast 2018 to 2026 by johnsonpaul · November 12, 2019
According to a new market report published by Credence Research Inc., 鈥淕lobal聽Voice Recognition Market聽(By Components (Hardware and Software), By Application (Artificial Intelligence and Non-Artificial Intelligence) Cheap Jerseys Wholesale , By End-Use Vertical (Automobile, BFSI, Consumer, Government, Healthcare, Home, Security & Automation Cheap Jerseys Online , and Others))- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 鈥?2026鈥? the聽global voice recognition market is expected to witness a growth of 14.5% CAGR during the forecast period 2018 – 2026.
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Product Insights
Voice recognition systems are security solutions used to either grant or deny access to individuals by identifying and matching their voice pattern. The banking and finance sector has been increasingly deploying biometric security solutions for improving security and customer experience. On the other hand, government agencies and enterprises across the globe are adopting biometric technologies for thwarting security threats. Rising incidences of fraudulent activities in various sectors and increased adoption of mobile banking, especially among e-commerce retailers are collectively expected to drive the voice recognition market worldwide. The global voice recognition market is likely to achieve great heights in the coming years due to the advancements in technology and the resulting shift towards automated and smart solutions. Rapid progressions in technology have led to development and growing usage of voice recognition technology for multiple applications. The technology is used across various end-use verticals including healthcare Cheap Jerseys Free Shipping , consumer, BFSI, and automobile among others. Additionally, multitude of research in the field of internet of things (IoT) and artificial intelligence (AI) is further supporting the market growth. However, lack of accuracy, especially in noisy and severe environments, inability to recognize voice in regional accent Cheap Jerseys From China , and high costs associated with the AI based systems are some of the factors challenging the growth of the voice recognition market.
Competitive Insights:
Major players in the industry have concentrated their efforts on improving their language modeling and recognition algorithms. Advancements in language modeling and recognition algorithms is expected to periodically improve recognition accuracy, thereby driving adoption across different verticals. Some of the major and established players identified in the global voice recognition market include Nuance Communications, Advanced Voice Recognition Systems, Microsoft Inc., Apple, Inc., MMODAL Inc. Cheap Jerseys China , Sensor, Inc., Biotrust, Agnitio SL, ValidSoft UK Ltd., VoiceBox Technologies Corp., Raytheon BBN Technologies Cheap Jerseys , M2Sys LLC, and LumenVox LLC among others.
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Table of Content
Preface 1.1. Report Scope and Description 1.2. Research Methodology 1.2.1. Phase I-Secondary Research 1.2.2. Phase II-Primary Research 1.2.3. Phase III-Expert Panel Review 1.2.4. Assumptions 1.2.5. Approach Adopted Executive Summary 2.1. Global Voice Recognition Market Snapshot Global Voice Recognition Market Analysis 3.1. Global Voice Recognition Market Overview 3.2. Market Inclination Insights 3.2.1. Recent Trends 3.2.2. Future Outlook 3.3. Market Dynamics 3.3.1. Market Drivers 3.3.2. Market Challenges 3.4. See-Saw Analysis 3.5. Attractive Investment Proposition 3.6. Market Positioning of Key Industry Participants 3.6.1. Major Strategies Adopted Global Voice Recognition Market Value, By Component , 2018 鈥?2026 (US$ Bn) 4.1. Market Analysis 4.2. Hardware 4.3. Software Global Voice Recognition Market Value, By Application , 2018 鈥?2026 (US$ Bn) 5.1. Market Analysis 5.2. Artificial Intelligence 5.3. Non-Artificial Intelligence Global Voice Recognition Market Value, By End-Use Vertical Wholesale Soccer Jerseys , 2018 鈥?2026 (US$ Bn) 6.1. Market Analysis 6.2. Automotive 6.3. BFSI 6.4. Consumer 6.5. Government 6.6. Healthcare 6.7. Home, Security & Automation 6.8. Others (Retail, Education, Legal, and Military) North America Voice Recognition Market Analysis, 2018 鈥?2026 (US$ Bn) 鈥︹€︹€︹€? Europe Voice Recognition Market Analysis, 2018 鈥?2026 (US$ Bn) 鈥︹€︹€︹€? Asia Pacific Voice Recognition Market Analysis Wholesale Jerseys Free Shipping , 2018 鈥?2026 (US$ Bn) 鈥︹€︹€︹€? Rest of World Voice Recognition Market Analysis, 2018 鈥?2026 (US$ Bn) 鈥︹€︹€︹€?
Browse Full Report Originally Published by Credence Research at聽
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About Credence Research (Original Publisher)
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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