January 14, 2015 -
TechNavio has published its latest report entitled “Global Voice Recognition Market 2015-2019”, which forecasts the market to grow at a CAGR of 9.40 percent over the five-year period.
The report covers the present scenario and the growth prospects of the global voice recognition market from 2015 to 2019.
To estimate the market size, TechNavio analysts looked at the current and past revenue generated from voice recognition hardware and software.
The report also includes a detailed analysis of a range of software applications, including automatic speech recognition, voice biometrics (speaker identification and speaker verification systems), and text-to-speech.
It also features a vendor ranking and a corresponding detailed analysis of the market’s top vendors, Microsoft, Nuance Communications and Validsoft.
The report also mentions other prominent vendors including Advanced Voice Recognition Systems, Agnitio, AT&T, Auraya Systems, LumenVox, Raytheon BBN Technologies, Telisma, Voice Biometrics Group, Voice Trust, and Voxeo.
Specific key regions analyzed in the report include the Americas, Asia and Pacific, and Europe, the Middle East and Africa.
The report covers a number of key topics, including the projected market size and growth rate in 2019, key trends emerging in the market, the major drivers that influence the growth of the market, and the market opportunities and threats, along with the strengths and weaknesses faced by vendors and the market at large.