Global Voice Controlled Devices Market 2016-2020

  • ID: 3619093
  • Report
  • Region: Global
  • 48 pages
  • TechNavio
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The Number of Voice Controlled Devices will Hit 2.20 Billion by 2020, Despite Slowing Growth Rates

FEATURED COMPANIES

  • Apple
  • Fitbit
  • Google
  • Microsoft
  • Nuance Communications
  • Pebble
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Voice-Controlled Devices

Voice-controlled devices use voice recognition software to convert and decode the human voice into signals that are easily understood by the devices. Voice recognition is the ability of a machine to receive, understand, and dictate spoken commands. It is used for various purposes such as opening locked devices, sending emails and text messages, and initiating phone calls. Voice-controlled devices analyze the voice of a particular person and subsequently grant or deny access to functions. Voice recognition technology has become very popular in areas such as mobile banking, which requires users to identify themselves via spoken commands before making transactions.

Voice recognition acts as an authentication technology, where words or phrases spoken aloud are converted into electrical signals that are transformed into coding patterns and assigned meaning. Each human voice is different, and identical words can have different meanings if spoken with different inflections or in different contexts. Voice recognition software is installed in computing devices to provide a quick method of writing and assist people with disabilities. It also helps individuals who have difficulty spelling words.

The analysts forecast the global voice-controlled devices market to grow at a CAGR of 7.84% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global voice-controlled devices market for the period 2016-2020. To calculate the market size, the report considers the total shipments of devices from the following application segments:
- Smartphones
- Automobile infotainment systems
- Smartwatches
- Smartbands
- Remotes

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Voice-Controlled Devices Market 2016-2020, 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
- Fitbit
- Google
- Microsoft
- Nuance Communications
- Pebble
- Samsung
- Sony
- VoiceBox Technologies
- Xiaomi

Market drivers
- Cloud-based voice recognition
- For a full, detailed list, view the full report

Market challenges
- Need for constant connectivity
- For a full, detailed list, view the full report

Market trends
- Voice recognition software turning into personal digital assistants
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apple
  • Fitbit
  • Google
  • Microsoft
  • Nuance Communications
  • Pebble
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Value chain
  • Significance of voice recognition
  • Future outlook
  • Market size and forecast
  • Five forces analysis
PART 06: Buying behavior

PART 07: Market segmentation by application
  • Smartphones
  • Automobile infotainment systems
  • Smartwatches
  • Smartbands
  • Remotes
PART 08: Geographical segmentation
  • Overview
  • Voice-controlled devices market in Americas
  • Voice-controlled devices market APAC
  • Voice-controlled devices market in EMEA
PART 09: Market drivers
  • Cloud-based voice recognition
  • Safety regulations
  • Rising demand for voice authentication in mobile banking
  • Growing smartphone market
  • Rising need to enhance customer value proposition
PART 10: Impact of drivers

PART 11: Market challenges
  • Need for constant connectivity
  • Self-conscious users
  • Inaccuracies in voice recognition
  • Low use and lack of awareness
  • Limited features in most automobiles
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Voice recognition software turning into personal digital assistants
  • Integration of voice verification with speech recognition
  • Google and Apple
PARTnering with automobile manufacturers
  • Increased use of apps in connected cars
  • Emergence of self-driving cars
  • Demand for multi-factor authentication
PART 14: Vendor landscape
  • Competitive scenario
PART 15: About the Author

List of Exhibits
Exhibit 01: Major countries
Exhibit 02: Product offerings
Exhibit 03: Voice recognition process
Exhibit 04: Action framework for vendors
Exhibit 05: Voice-controlled devices market: Overview
Exhibit 06: Industry value chain
Exhibit 07: Marketing and sales management
Exhibit 08: Product life cycle for voice-controlled devices
Exhibit 09: Global voice-controlled devices market 2016-2020 (billions of units)
Exhibit 10: Five forces analysis
Exhibit 11: Significance of purchasing parameters
Exhibit 12: Global voice-controlled devices market segmentation by application 2015-2020
Exhibit 13: Geographical segmentation of voice-controlled devices market 2015-2020
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: Opportunities in coming years
Exhibit 17: Automobile
PARTners of Google and Apple
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FEATURED COMPANIES

  • Apple
  • Fitbit
  • Google
  • Microsoft
  • Nuance Communications
  • Pebble
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Voice-Controlled Devices Market 2016-2020

The author of the report recognizes the following companies as the key players in the Global Voice-Controlled Devices Market: Apple, Fitbit, Google, Microsoft, Nuance Communications, Pebble, Samsung, Sony, VoiceBox Technologies and Xiaomi.

Commenting on the report, an analyst from the research team said: “Google Now is more than just a voice-based search engine. It not only provides useful information upon request but also learns user behavior over time. It is more of a personal digital assistant that displays information that will interest the user in the form of Now Cards (in Android devices).”

According to the report, all existing voice recognition systems make use of cloud servers to understand the user better. For instance, if we ask a smartphone or smartwatch for nearby restaurants, a cloud server will return results and track whether you click on one of the results. This helps the service provider better understand if the provided results were accurate or not. Similarly, millions of such voice searches are processed using cloud servers, and the data from them is analyzed and processed in order to improve search results.

Further, the report states that need for constant connectivity is a major challenge hindering the growth of the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

- Apple
- Fitbit
- Google
- Microsoft
- Nuance Communications
- Pebble
- Samsung
- Sony
- VoiceBox Technologies
- Xiaomi.
Note: Product cover images may vary from those shown
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