Voice And Speech Recognition Market Size is estimated to reach USD 31.82 Billion, exhibiting a CAGR Of 17.2% by 2018-202
The global speech and voice recognition market size is estimated to reach USD 31.82 billion by 2025, exhibiting a CAGR of 17.2% during the forecast period. Demand for voice activated systems, voice-enabled devices, and voice-enabled virtual assistant systems is slated to increase over the coming years owing to rising applications in the banking and automobile sectors. Soaring need to counter fraudulent activities and enhance security in the banking sector is accelerating the adoption of voice biometrics for the authentication of users.
★
★
★
★
★
49 views • 4 slides