Global Speech Recognition for Consumer Electronics Market Will Hit At CAGR Of 28.25% During Years 2017-2021

Latest industry research report on: Global Speech Recognition for Consumer Electronics Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Speech recognition is the process of aiding a computer identify sounds of human speech and respond to them to give the desired output. Speech recognition is integrated with a wide variety of consumer electronic devices, such as smartphones, tablets, laptops, PCs, smart watches, gaming consoles, and smart TVs.

Technavios analysts forecast the global speech recognition for consumer electronics market to grow at a CAGR of 28.25% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global speech recognition for consumer electronics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:

  • Americas

  • APAC

  • EMEA

Technavio’s report, Global Speech Recognition for Consumer Electronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • apple

  • Google

  • Microsoft

  • Nuance Communications

Market driver

Growing stringency in road safety regulations

For a full, detailed list, view our report

Market challenge

Using speech recognition in public places

For a full, detailed list, view our report

Market trend

Speech recognition software turning into personal assistants

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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