Global Speech & Voice Recognition Market Analysis, Drivers & Challenges to 2024 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Speech and Voice Recognition Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The global speech and voice recognition market is expected to grow with a CAGR of 20% from 2019 to 2024.

The future of the speech and voice recognition market looks promising with opportunities in the automotive, enterprise, consumer, banking, financial services, insurance, government, retail, healthcare, military, legal, and education industries. The major drivers for this market are increased demand for speech-based biometric systems for multifactor authentication, growing demand for voice authentication in mobile banking applications, and growth in voice control-based smart assistive devices in consumer and enterprise vertical.

Some of the features of Speech and Voice Recognition Market Report: Trends, Forecast, and Opportunity Analysis include:

• Market size estimates: Speech and voice recognition market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
• Segmentation analysis: Market size by various segments such as by technology, end use industry, and region.
• Regional analysis: Speech and voice recognition market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions for speech and voice recognition in the speech and voice recognition market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape for, speech and voice recognition in the speech and voice recognition market.
• Analysis of the competitive intensity of the industry based on Porter's Five Forces model.

This report answers the following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global speech and voice recognition market by technology, end use industry, and region?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the speech and voice recognition market?

Q.5 What are the business risks and threats to the speech and voice recognition market?

Q.6 What are emerging trends in this speech and voice recognition market and the reasons behind them?

Q.7 What are some changing demands of customers in the speech and voice recognition market?

Q.8 What are the new developments in the speech and voice recognition market? Which companies are leading these developments?

Q.9 Who are the major players in this speech and voice recognition market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this speech and voice recognition area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this, speech and voice recognition market?

Key Topics Covered:

1. Executive Summary

2. Market Trends and Forecast Analysis from 2013 to 2024

2.1: Introduction, Background, and Classification

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2013 to 2024

3.1: Macroeconomic Trends and Forecast

3.2: Global Speech and Voice Recognition Market:Trends and Forecast

3.3: Global Speech and Voice Recognition Market by Technology

3.3.1: Voice Recognition

3.3.2: Variable Speech Recognition

3.4: Global Speech and Voice Recognition Market by End Use Industry

3.4.1: Automotive

3.4.2: Consumer

3.4.3: Government

3.4.4: Enterprise

3.4.5: Healthcare

3.4.6: BFSI

3.4.7: Others

4. Market Trends and Forecast Analysis by Region

4.1: Global Speech and Voice Recognition Market by Region

4.2: North American Speech and Voice Recognition Market

4.3: European Speech and Voice Recognition Market

4.4: APAC Speech and Voice Recognition Market

4.5: ROW Speech and Voice Recognition Market

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Market Share Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

6.1: Growth Opportunity Analysis

6.1.1: Growth Opportunities for Global Speech and Voice Recognition Market by End Use Industry

6.1.2: Growth Opportunities for Global Speech and Voice Recognition Market by Technology

6.1.3: Growth Opportunities for Global Speech and Voice Recognition Market by Region

6.2: Emerging Trends in Global Speech and Voice Recognition Market

6.3: Strategic Analysis

6.3.1: New Product Development

6.3.2: Capacity Expansion of Global Speech and Voice Recognition Market

6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Market

6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

7.1: Acapela Group Sa

7.2: AT&T Inc.

7.3: Baidu, Inc.

7.4: Lumenvox, LLC.

7.5: Panasonic Corporation

7.6: Raytheon BBN Technologies

7.7: Samsung Electronics Co., Ltd.

7.8: Vocalzoom Ltd.

7.9: Voicebox Technologies Corp.

7.10: Voicevault Inc.

For more information about this report visit https://www.researchandmarkets.com/r/yum26e