Global Voice Recognition Market Trends, Growth, Forecast 2015-2019

Research Beam adds a report “Global Voice Recognition Market 2015-2019“ that provides latest Market Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast.

Voice recognition is a software that has the ability to convert and decode human voice into speech easily understood by a computer. It is an ability of a machine to receive, understand, and dictate the spoken commands. Voice recognition is used for biometric security purposes to determine the voice of a particular person to grant or deny access. This technology has become very popular in mobile banking, which requires identification of authenticated users by their spoken commands to help them make transactions.

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As per the Report, The Global Voice Recognition market to grow at a CAGR of 9.40 percent over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the Global Voice Recognition market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from:

• Hardware: The revenue generated from the sales of hardware systems

• Software: The revenue generated from the sales of software applications

The report also includes the detailed analysis of the following software applications:

• ASR

• Voice biometrics: This includes the revenue from speaker identification and speaker verification systems

• Text-to-speech

It also presents the vendor ranking and a corresponding detailed analysis of the top four vendors in the Global Voice Recognition market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Regions

• Americas

• APAC

• EMEA

Key Vendors

• Microsoft...