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u201cGlobal Voice Recognition Market (By Components (Hardware and Software), By Application (Artificial Intelligence and Non-Artificial Intelligence), By End-Use Vertical (Automobile, BFSI, Consumer, Government, Healthcare, Home, Security & Automation, and Others))- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 u2013 2026u201d
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Voice Recognition Market Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026 According to a new market report published by Credence Research Inc., “GlobalVoice Recognition Market (By Components (Hardware and Software), By Application (Artificial Intelligence and Non-Artificial Intelligence), By End-Use Vertical (Automobile, BFSI, Consumer, Government, Healthcare, Home, Security & Automation, and Others))- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 –2026”, the global voice recognition market is expected to witness a growth of 14.5% CAGR during the forecast period 2018 - 2026. Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/voice-recognition- market 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, 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, 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., Sensor, Inc., Biotrust, Agnitio SL, ValidSoft UK Ltd., VoiceBox Technologies Corp., Raytheon BBN Technologies, M2Sys LLC, and LumenVox LLC among others. You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/58994 Table of Content
1.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 2.Executive Summary 2.1. Global Voice Recognition Market Snapshot 3.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 4.Global Voice Recognition Market Value, By Component , 2018 – 2026 (US$ Bn) 4.1. Market Analysis 4.2. Hardware 4.3. Software 5.Global Voice Recognition Market Value, By Application , 2018 – 2026 (US$ Bn)
5.1. Market Analysis 5.2. Artificial Intelligence 5.3. Non-Artificial Intelligence 6.Global Voice Recognition Market Value, By End-Use Vertical , 2018 – 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) 7.North America Voice Recognition Market Analysis, 2018 – 2026 (US$ Bn) ………… 8.Europe Voice Recognition Market Analysis, 2018 – 2026 (US$ Bn) ………… 9.Asia Pacific Voice Recognition Market Analysis, 2018 – 2026 (US$ Bn) ………… 10. Rest of World Voice Recognition Market Analysis, 2018 – 2026 (US$ Bn) …………. Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/voice-recognition- market
Find more research reports on Technology and Media Industry, by Credence Research 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. Media Contact Name: Chris Smith Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US Toll-Free (US/CANADA) Ph.: +1-800-361-8290 E-mail: sales@credenceresearch.com Website: http://www.credenceresearch.com