Voice recognition for smartphones: Key market research findings
- Integrated functioning of voice verification with speech recognition
- Technological developments boosting the sales of smartphones
Technavio has added a new market research report on the global voice recognition market for smartphones, to its biometrics portfolio. Technavio’s market research analysts estimate the global voice recognition market for smartphones to grow at a CAGR of around 10% between 2015 and 2019, thanks to the increasing sales of smartphones across the world. The Americas account for around 100% of the total market due to the presence of all major voice recognition vendors like Google, Apple, Microsoft, and Nuance in the US.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Of late, several market vendors are integrating voice verification with the speech recognition technology. This integrated functioning will help to identify the individual that is speaking. This technology is very beneficial in smartphone security, as the users would be able to unlock their smartphones through voice recognition, which could enhance the existing security level,” says Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The adoption rate of voice recognition technology is largely dependent on the adoption rate of mobile OS in smartphones such as Android and iOS. Vendors are constantly focusing on various technological advancements in smartphones by improving their features and applications, which has boosted their sales across the world. Customers are increasingly adopting mobile devices that are equipped with voice recognition applications that can help them access the device without the need to move their eyes off the road while driving. Also, many speech recognition applications such as music playlist management, address read-out, caller name read-out, and voice-based SMS have been included in smartphones.
The key vendors dominating the global voice recognition market for smartphones include Apple, Google, Microsoft and Nuance. Other vendors in this market try and gain prominence by providing their services to the healthcare, automotive, and consumer electronics segments.
A more detailed analysis is available in the Technavio report, Global Voice Recognition Market for Smartphones 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
- Voice Recognition Market for the Automotive Sector in the US 2015-2019
- Global Voice Recognition Biometrics Market 2015-2019
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