Cover ImageSALE
Market Research Report

Global Speech Recognition Software Market 2016-2020

Published by TechNavio (Infiniti Research Ltd.) Product code 356760
Published Content info 53 Pages
Delivery time: 1-2 business days
Price
Back to Top
Global Speech Recognition Software Market 2016-2020
Published: April 15, 2016 Content info: 53 Pages
Description

About Speech Recognition Software

A speech recognition software identifies words spoken by an individual or speaker into a microphone, converts them into a computer-readable format, and responds automatically. These software applications recognize speech in multiple languages. These applications are used both by individual consumers and enterprises in the healthcare; banking, financial services, and insurance; legal; and telecommunications sectors for a number of purposes including fraud management, speaker verification, speaker identification, biometrics, and vehicle telematics. The biometrics segment is seeing a high demand for speech recognition software because of the growing instances of fraud. Vendors are developing easy-to-deploy and cost-effective speech recognition applications that help in fraud management.

Technavio's analysts forecast the global speech recognition software market to grow at a CAGR of 16.99% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global speech recognition software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of speech recognition solutions, including software, integrated solutions, and services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Speech Recognition Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • AT&T
  • IBM
  • Microsoft
  • Nuance Communications

Other Prominent Vendors

  • Dolby Systems
  • LumenVox
  • OnMobile Global
  • Raytheon BBN Technologies
  • Sensory
  • Tellme Networks
  • Voxeo

Market driver

  • Increased use of biometrics
  • For a full, detailed list, view our report

Market challenge

  • Lack of accuracy
  • For a full, detailed list, view our report

Market trend

  • Increased use of voice passwords
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Table of Contents
Product Code: IRTNTR9002

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Technology segments
  • Advantages and disadvantages of speech recognition software
  • Market size and forecast
  • Global speech recognition market by product segmentation 2015

PART 06: Five forces analysis

PART 07: Market segmentation by application

  • Global speech recognition software market by application

PART 08: Market segmentation by end-user

  • Enterprise users
  • Individual users

PART 09: Geographical segmentation

  • Global speech recognition software market by region
  • Global speech recognition software market by region 2015-2020 (revenue)

PART 10: Key leading countries

  • US
  • UK
  • Japan

PART 11: Buying Criteria

PART 12: Market drivers

  • Increased use of biometrics
  • Demand for speech recognition on mobile devices
  • Use of speech recognition in healthcare industry
  • Need to improve competitive approach

PART 13: Impact of drivers

PART 14: Market challenges

  • Lack of accuracy
  • Security concerns
  • Lack of awareness among end-users
  • Inability to suppress surrounding noise

PART 15: Impact of drivers and challenges

PART 16: Market trends

  • Increased use of voice passwords
  • Integration of voice verification with speech recognition
  • Use in the gaming industry
  • Technological advances in speech recognition technology

PART 17: Vendor landscape

  • Competitive scenario
  • Description of major vendors
  • Other prominent vendors

PART 18: Appendix

  • List of abbreviations

PART 19: Explore Technavio

List of Exhibits

  • Exhibit 01: Product offerings
  • Exhibit 02: Automatic speech recognizer workflow
  • Exhibit 03: Global speech recognition software market 2015-2020 ($ billions)
  • Exhibit 04: Global speech recognition market by product segmentation 2015
  • Exhibit 05: Five forces analysis
  • Exhibit 06: Global speech recognition software market by application 2015
  • Exhibit 07: Global speech recognition software market by applications 2015-2020
  • Exhibit 08: Global speech recognition software market by applications, 2015-2020 ($ millions)
  • Exhibit 09: Market segmentation by end-user 2015
  • Exhibit 10: Global speech recognition software market by region 2015
  • Exhibit 11: Global speech recognition software market by region 2015-2020
  • Exhibit 12: Global speech recognition software market by region 2015-2020 ($ millions)
  • Exhibit 13: Impacting factors in US
  • Exhibit 14: Impacting factors in UK
  • Exhibit 15: Impacting factors in Japan
  • Exhibit 16: Buying criteria
  • Exhibit 17: Impact of drivers
  • Exhibit 18: Impact of drivers and challenges
  • Exhibit 19: Product offerings of other prominent vendors
Back to Top