ResearchMoz added Latest Research Report titled " Global Voice Recognition Market for Smartphones 2015-2019: Worldwide Market Research, Analysis, Shares, Size, Growth and Outlook" to it's Large Report database.

Albany, NY -- (SBWire) -- 10/28/2015 --Voice recognition refers to an authentication technology where sounds, words, or phrases spoken by humans are changed into electrical signals and are converted into coding patterns and assigned meanings. Each human voice is different, and identical words can have different meanings if spoken with different inflections or in different contexts. Voice-based technology is divided into two groups: text independent and text dependent.

In this report, Technavio consider products such as Siri, Google Now, and Cortana as voice recognition solutions. They may also double up as virtual assistants providing useful information to smartphone users by collecting voice data. The report also considers third-party apps that can be installed on smartphones but focusses on products provided by Google, Apple, Nuance, and Microsoft. Technavio's analysts forecast the global voice recognition market for smartphones to grow at a CAGR of 10.3% over the period 2014-2019.

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This report covers the present scenario and the growth prospects of the global voice recognition market for smartphones for the period 2015-2019. The report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

Technavio's report, Global Voice Recognition Market for Smartphones 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Browse complete Report description with TOC at: http://www.researchmoz.us/global-voice-recognition-market-for-smartphones-2015-2019-report.html

Key vendors:
Apple
Google
Microsoft
Nuance

Key market driver:
Cloud-based voice recognition
For a full, detailed list, view our report

Key market challenge:
Need for constant connectivity
For a full, detailed list, view our report

Key market trend:
Voice recognition software turning into personal assistants
For a full, detailed list, view our report

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