Voice Recognition Market: Cisco Spark Assistant Allows Voice Controlled Interface in Meeting Hardware
aims to enhance security to combat the increasing number of fraudulent activities in banking operations, defense and some others. Voice recognition is a software that has the ability to convert and decode human voice to text that can easily understood by a computer.
On the basis of the fact that every individual will have unique voice & fingerprint, biometric technology has been developed which could identify and authenticate an individual based on fingerprint or IRIS pattern and now of course, voice pattern. Across all over the world, the government agencies have been using voice biometrics as a means of authentication and verification for individuals to access physical as well as logical data access.
The rising need of voice biometrics for voice identification purpose from government agencies and many corporate sectors has been resulting in the demand for the voice recognition applications. This demand driving factor is major growth driving factor for the Voice Recognition Market. Increase in use of voice recognition techniques in automotive sector to control infotainment systems in cars and for security purposes also driving the market wit the significant growth rate. Wearable market is also looking at the technology and the same is already implemented across certain smart watches.
North America is leading the Voice Recognition Market with fast growth rate, due to increasing adoption of voice recognition biometrics in both government and private sectors. Europe is leading with the second highest position, followed by Asia-Pacific and Rest of the World. Asia-Pacific is projected to register rapid growth rate due to growing awareness about the benefits of voice recognition technology, during the forecast period. Rest of the World is also expected to register significant growth with rising adoption of voice recognition systems for security purpose.
Browse Related Reports:
Gesture Recognition in Consumer Electronics Market: By Products (Smartphones, Gaming Devices, Laptops, Television, Set Top Box); By Technology (Interactive Displays, Capacitive, IR, Ultrasonic, Electric Field, Image Sensor, MEMS) & By Geography - (2013-2020)
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
Mr. Venkateshwar Reddy
Business Development Manager
Contact Sales: 1-614-588-8538 (Ext-101)Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc