Title: Voice Recognition Market
1 Voice Recognition Market Research Report By
Forecast 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
2Voice Recognition Market Forecast To 2024
Voice Recognition Market Forecast To 2024
- According to the analysis of Market Research
Future (MRFR), the Voice Recognition Market is
slated to reach a significant market valuation at
a substantial CAGR over the assessment period.
3Voice Recognition Market Forecast To 2024
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Voice
Recognition Market Forecast To 2024
- Far-field speech recognition is a vital
technology for speech interactions and aiming to
enable smart devices to identify human speech
even from a certain distance. Technological
advancements in deep-learning-based far-field
microphones, increasing demand for voice
control-based smart speakers and the adoption of
far-field speech, along with the usage of voice
recognition technology in smart home devices are
the major driving factors of the global Voice
Recognition Market over the review period.
4Voice Recognition Market Forecast To 2024
Global Voice Recognition Market Segmented on the
basis of
The global Voice Recognition Market is segmented
on the basis of component, application, and
microphone solution. Based on the component, the
Voice Recognition Market has been segmented into
digital signal processors, microphones, and
software. The microphone segment is likely to
lead the market share over the review period,
while the software segment is poised to record
the highest growth rate. This is attributed to
the increasing investments by major market
players, towards the improvement of precision and
dependability of digital communication with the
use of advanced signal processing algorithms and
methods. Based on the microphone solution, the
market has been segmented into circular arrays,
linear arrays, and single microphone. The linear
array segment is slated to dominate the market
share over the review period, owing to its wide
application scope, whereas the software segment
is anticipated to register the highest CAGR. On
the basis of the applications, the market has
been segmented into the in-vehicle infotainment
system, robotics, smart lighting, smart speakers,
smart thermostats, smart TV, and others.
5Voice Recognition Market Forecast To 2024
Global Voice Recognition Market - Geographical
Analysis
- The global Voice Recognition Market is segmented
on the basis of region, into Asia Pacific, North
America, Europe, and the rest of the world. - North America is slated to account for the
maximum market share and record the fastest CAGR
in the market for far-field speech and voice
recognition over the review period. This is
attributed to the presence of major market
players, abundant availability of capable
technical expertise, and greater penetration of
smart devices including smart speakers in the
region. Furthermore, the end-users in the region
willingly capitalize in new technologies, which
further drives the development of field voice
recognition technology in the region over the
assessment period.
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6Voice Recognition Market Forecast To 2024
Global Voice Recognition Market - Competitive
Analysis
- The key market players operating in the global
Voice Recognition Market identified by MRFR are
Texas Instruments Inc. (US), Synaptics Inc. (US),
Qualcomm Inc. (US), STMicroelectronics NV
(Switzerland), Sensory Inc. (US), Harman
International Industries, Inc. (the USCirrus
Logic Inc. (US), Microsemi Corporation (US),
Andrea Electronics Corporation (US), DSP Group,
Inc. (US), Meeami Technologies, Inc. (the US),
Knowles Corporation (US), Fortemedia, Inc. (US),
Alango Technologies Ltd (Israel), and VOCAL
Technologies, Ltd (US). - The market players are anticipated to invest
extensively in research and development
activities. The players are also likely to focus
on profitable business strategies such as
mergers, joint ventures, partnerships, among
others, which are fueling the competition in the
global Voice Recognition Market for over the
review period.
- Browse Report _at_ https//www.marketresearchfuture
.com/reports/far-field-speech-and-voice-recognitio
n-market-7964
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