AMA Research & Media LLP

Speech & Voice Recognition Market to Witness Excellent Growth : Nuance Communications, Microsoft, Alphabet


Edison, NJ -- (SBWIRE) -- 08/17/2020 -- Latest Research Study on Global Speech & Voice Recognition Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Speech & Voice Recognition Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Speech & Voice Recognition. This Report also covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Nuance Communications (United States), Microsoft Corporation (United States), Alphabet Inc. (United States), Sensory Inc. (United States), Cantab Research (United Kingdom), Readspeaker Holding (Netherlands), Pareteum Corporation (United States), iFlytek (China), Voicevault (United States), Voicebox Technologies (United States), Lumenvox (United States) and Acapela Group (Belgium).
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Speech and speech recognition form a smaller part of biometric systems. Speech recognition refers to the process of converting spoken words into digitally modified and stored phrases using telephones and microphones. The speed at which it measures how well the software matches a human speaker and the accuracy with which it measures the number of mistakes made in converting spoken words into digitized data are the two parameters that determine the Assess the quality of a speech recognition system. The speech recognition system analyzes the identity of the speaker behind a particular voice. It analyzes the voice between different speakers by examining the behavior patterns of different people, such as: Examines the subject's pitch, speaking style, accent, and others, and also examines the subject's mouth and throat shape and size.
Market Drivers
- High Growth Potential in Healthcare Application
Market Trend
- Growing Impact of AI on the Accuracy of Speech and Voice Recognition
- Leading To Error in Data Processing
- Investment in Research and Development for Automated Speech Recognition Systems
- Lack of Efficient Training to Recognize Different Voices
The Global Speech & Voice Recognition Market segments and Market Data Break Down are illuminated below:
Type (Speech Recognition (Automatic Speech Recognition, Text to Speech), Voice Recognition (Speaker Identification, Speaker Verification)), Application (Government, Retail, Medical, Military, Education, Other), Deployment Type (On Cloud, On-premises/Embedded), Technology (Artificial Intelligence Based, Non-Artificial Intelligence Based)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Speech & Voice Recognition Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Speech & Voice Recognition market
Chapter 2: Exclusive Summary – the basic information of the Global Speech & Voice Recognition Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Speech & Voice Recognition
Chapter 4: Presenting the Global Speech & Voice Recognition Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Global Speech & Voice Recognition market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Global Speech & Voice Recognition Market is a valuable source of guidance for individuals and companies in their decision framework.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Speech & Voice Recognition Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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