Voice Recognition Market to Witness Massive Growth by 2025 | Leading Key Players- Facebook, Amazon, Baidu, Apple

Global Voice Recognition Market industry valued approximately USD 54.8 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11.35% over the forecast period 2017-2025.

New Jersey USA - October 25, 2018 /MarketersMedia/ —

HTF Market Intelligence released a new research report of 120 pages on title 'Global Voice Recognition Market Size Study, By Application (Artificial intelligence, Non-Artificial Intelligence), By component (hardware, software, enhanced devices), By Vertical (Automotive, Consumer, Government, Home Security and Home Automation, Healthcare, Retail, BFSI and others), and Regional Forecasts, 2017-2025 (USD Billion/Million)' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Asia Pacific, Latin America, Rest of the World and important players such as Advanced Voice Recognition Systems, Inc., Amazon.com, Inc., Api.ai, Baidu, Inc., CastleOS Software, LLC, Agnitio S.L., Anhui USTC iFlytek Co., Ltd., Apple, Inc., BioTrust ID B.V., and Facebook, Inc

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Summary
Global Voice Recognition Market industry valued approximately USD 54.8 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11.35% over the forecast period 2017-2025. The major factors driving the growth are rising need for Voice Recognition worldwide, aim to enhance security in automobile industry and home security products i.e. door lock systems and camera systems.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Application:
 Artificial Intelligence
 Non-Artificial Intelligence

Component:
 Hardware
 Software
 Enhanced devices

Vertical:
 Automotive
 Consumers
 Government
 Home security and Home Automation
 Healthcare
 Retail
 BFSI
 Others

Regions:
 North America
 Asia Pacific
 Latin America
 Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are Advanced Voice Recognition Systems, Inc., Amazon.com, Inc., Api.ai, Baidu, Inc., CastleOS Software, LLC, Agnitio S.L., Anhui USTC iFlytek Co., Ltd., Apple, Inc., BioTrust ID B.V., and Facebook, Inc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.

Target Audience of the Voice Recognition Market Study

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors

Please note that owing to the criticality of the Voice Recognition Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation to cater to the most recent updates.

Companies Mentioned in the Report

Advanced Voice Recognition Systems, Inc., Amazon.com, Inc., Api.ai, Baidu, Inc., CastleOS Software, LLC, Agnitio S.L., Anhui USTC iFlytek Co. Ltd., Apple, Inc., BioTrust ID B.V., Facebook, Inc

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Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption
Chapter 2. Global Voice Recognition Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
Chapter 3. Executive Summary
3.1. Key Trends
3.2. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion/Million)
Chapter 4. Global Voice Recognition Industry Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Voice Recognition Market by Application
5.1. Market Snapshot
5.2. Voice Recognition Market, Sub Segment Analysis
5.2.1. Artificial Intelligence
5.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million)
5.2.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million)
5.2.2. Non-Artificial Intelligence
5.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million)
5.2.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million)
Chapter 6. Global Voice Recognition Market by Component
6.1. Market Snapshot
6.2. Voice Recognition Market, Sub Segment Analysis
6.2.1. Hardware
6.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million)
6.2.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million)
6.2.2. Software

....Continued

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Release ID: 431030