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Global Mobile Speech Recognition Software Markets 2016-2024: Strategic Business Report - Growing Use of Voice Enabled Portals Drive Adoption in Enterprises

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News provided by

Research and Markets

Jul 12, 2018, 08:15 ET

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DUBLIN, July 12, 2018 /PRNewswire/ --

The "Mobile Speech Recognition Software - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.

This report analyzes the worldwide markets for Mobile Speech Recognition Software in US$ Thousand.


The report profiles 26 companies including many key and niche players such as:

  • Advanced Voice Recognition Systems, Inc. (USA)
  • Amazon, Inc. (USA)
  • Apple, Inc. (USA)
  • AT&T, Inc. (USA)
  • Baidu, Inc. (China)
  • Cisco Systems, Inc. (USA)
  • Google, Inc. (USA)
  • International Business Machines Corporation (USA)
  • LumenVox LLC (USA)
  • Microsoft Corporation (USA)
  • Nuance Communications, Inc. (USA)
  • Sensory, Inc. (USA)

Key Topics Covered

1. INDUSTRY OVERVIEW
Mobile Speech Recognition Technology: Delivering the Power of Speech to Mobile Devices
Speech Recognition Technology: An Indispensable Man-to-Machine Communication Tool in New-Age Mobile Devices
Noteworthy Trends in a Nutshell
Passwords Becoming More Prominent
Speech Recognition Integrating Voice Verification
Voice Search Gain Popularity
Recent Advancements in Mobile Speech Recognition Summarized
Nuance Communications
Google Now
Apple's Siri
Amazon's Alexa
Baidu's Deep Speech
Microsoft Cortana
IBM Watson
Global Market Outlook
Developed Markets to Maintain their Dominance
Developing Countries to Drive Global Growth in the Short-to- Medium Term Period
China's Speech Recognition Market: A Tough Nut to Crack for Google?

2. COMPETITIVE LANDSCAPE
Marketplace Characterized by High Degree of Competition
Select Third-Party Apps with Natural Language Speech Recognition Support
Alexa, Now, iFlytek, Siri and Cortana: Major Mobile Speech Recognition Platforms Globally
Nuance Communications Dominates the Global Speech Recognition Market
Low Entry Barriers Invite Smaller Players to Foray into the Market
Patent Activity Gains Momentum
A Review of Competition in Key Segments
Speech Engine
Analytics
Speech Security
Professional Services

3. MARKET TRENDS, ISSUES & DRIVERS
Growing Prominence of Voice-Based User Interface Technologies in Mobile Devices Drive Strong Market Growth
Sophisticated Conversational User Interfaces Set to Replace Graphical User Interface (GUI)
Advancements in Processing Power Improves Speech Recognition Efficiency
The Steadily Expanding Mobile Ecosystem Globally: An Important Opportunity Indicator
Robust Demand for Smartphones Sets the Perfect Platform for Market Growth
Despite Decline in Popularity, Feature-Rich and High-End Tablets Sustain Demand for Mobile Speech Recognition
Mobile SMS: An Underutilized Feature with Huge Untapped Potential for Mobile Speech Recognition Technology
Wearable & Hearable Devices: The Next Frontier to Conquer for Mobile Speech Recognition Technology
Speech Recognition Coupled with Hearable Technology to Transform User Experience
Emerging IoT to Widen Demand for Mobile Speech Recognition Technology
Cloud-Based Speech Technology Solutions Enhance Performance and Improves User Experience
Accuracy, Efficiency, and Response Time Benefits Spur Demand for Automated Speech Recognition (ASR)
Mobile Speech Recognition Technology to Revolutionize Voice Commerce and Voice Banking
Stringent Vehicle Driving Laws Augurs Well for Market Penetration
Use of Mobile Phone Navigation Applications Made Easy by Speech Recognition
Focus on Employee Productivity & Efficiency to Drive Adoption of Mobile SR in Enterprises
Growing Use of Voice Enabled Portals Drive Adoption in Enterprises
Speech Recognition Technologies to Drive Next Generation Marketing Campaigns
Favorable Trends in the Communications Industry Strengthens Market Prospects
Spurt in Internet Usage
Move towards Convergence
Proliferation of Embedded Devices
Rise in Social Networking
Substitution of Conventional Phone Services by VoIP
Key Factors Hampering Growth Prospects for Mobile Speech Recognition
Limited Understanding of Words and Inability to Process Large Vocabulary of Information
Low Accuracy due to Ambient Noise
Lack of Awareness
Need for Improvements in Processor Technology
High Cost of Speech Recognition Implementations

4. TECHNOLOGY INNOVATIONS & ADVANCEMENTS
Extremely Low Power Consuming Chip for Automatic-Speech Recognition
Notable Advances at Microsoft in Speech Recognition
Baidu's Deep Speech 2 Software is Three Times Faster than Human Texting
Embeddable, Continuous and Real-time Speech Recognition System
Liv.Ai Aids Machines to Interact in Native Language
Intelligent Virtual Assistants (IVAs)
Developers Focus on Phoneme Accuracy Feature
Speech Recognition-enabled Self-Service Technology

5. MOBILE SPEECH RECOGNITION: AN OVERVIEW

6. SYSTEM/SOFTWARE LAUNCHES
Speechmatics Unveils Real-Time, Continuous Speech Recognition System
Google Releases New Speech Software Version
Google Develops Offline Speech Recognition System
HEAD acoustics Unveils VoCAS
Mail.Ru Group Rolls Out New version of ICQ for iOS and Android
SoundHound Launches Hound Mobile Voice Interface

7. RECENT INDUSTRY ACTIVITY
VoiceBox Technologies to Acquire Telisma
VIQ Solutions Partners with Nuance Communications
VocalZoom Inks Agreement with Cobalt Speech & Language
VocalZoom Collaborates with iFLYTEK
BigHand Signs Partnership Agreement with Kraft Kennedy

8. FOCUS ON SELECT GLOBAL PLAYERS
Advanced Voice Recognition Systems, Inc. (USA)
Amazon, Inc. (USA)
Apple, Inc. (USA)
AT&T, Inc. (USA)
Baidu, Inc. (China)
Cisco Systems, Inc. (USA)
Google, Inc. (USA)
International Business Machines Corporation (USA)
LumenVox LLC (USA)
Microsoft Corporation (USA)
Nuance Communications, Inc. (USA)
Sensory, Inc. (USA)

9. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 26

  • The United States (19)
  • Japan (1)
  • Europe (5)
    • Germany (2)
    • The United Kingdom (3)
  • Asia-Pacific (Excluding Japan) (1)

For more information about this report visit https://www.researchandmarkets.com/research/j3s64t/global_mobile?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
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Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

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