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Voice Recognition Market - Forecasts from 2017 to 2022

  • ID: 4377950
  • Report
  • 82 pages
  • Knowledge Sourcing Intelligence LLP
UP TO OFF
until Dec 31st 2019
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FEATURED COMPANIES

  • Agnitio
  • Amazon.com, Inc.
  • Apple Inc.
  • Facebook
  • Google
  • IBM
  • MORE
Voice Recognition market is expected to grow from US$1.099 billion in 2017 to US$4.271 billion in 2022 at a compound annual growth rate of 31.18% over the forecast period. This research study examines the Voice Recognition market on the basis of various segments - by component, industry vertical, and geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and sales, in addition to the recent developments, have been provided in this report. The report also analyzes key players in the Voice Recognition market. The report provides comprehensive forecast up to the period 2022 for various key segments, with 2016 as base year.

The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical segments. Moreover, the research study analyzes the overall regulatory framework of Voice Recognition market, offering stakeholders a better understanding of the key factors affecting the overall market environment.

The first step towards determining the Voice Recognition market size involves identifying key players and the revenue contribution of the overall business or relevant segment aligned to the study in consideration through extensive secondary research. This also includes various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others.

Both bottom-up and top down approaches are utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Voice Recognition value chain, who are C-Level Executives, Directors, and Managers among others across key enterprises operating as manufacturers, suppliers, and distributors. The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the gathered data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Segments covered under the Voice Recognition market report are as below:

By Component
Software
Hardware
Enhanced Device

By Industry Vertical
Automotive
Consumer
Enterprise
Government
Military
BFSI
Others

By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

Key industry players profiled as part of this section are Facebook, Google, IBM, Microsoft, Apple Inc., Agnitio, Sensory, Inc, Voicebox Technologies Corporation, Amazon.com, Inc., and Nuance Communications, Inc
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Agnitio
  • Amazon.com, Inc.
  • Apple Inc.
  • Facebook
  • Google
  • IBM
  • MORE
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1. Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis

5. Global Voice Recognition Market Forecast by Component (US$ billion)
5.1. Software
5.2. Hardware
5.3. Service

6. Global Voice Recognition Market Forecast by Industry Vertical (US$ billion)
6.1. Automotive
6.2. Consumer
6.3. Enterprise
6.4. Government
6.5. Military
6.6. Others

7. Global Voice Recognition Market Forecast by Geography (US$ billion)
7.1. Americas
7.1.1. North America
7.1.2. South America
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.2. Middle East and Africa
7.3. Asia Pacific

8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players

9. Company Profiles
9.1. Facebook
9.2. Google
9.3. IBM
9.4. Microsoft
9.5. Apple
9.6. Agnitio SL
9.7. Sensory Inc.
9.8. Voicebox Technologies
9.9. Amazon
9.10. Nuance Communication
Note: Product cover images may vary from those shown
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  • Facebook
  • Google
  • IBM
  • Microsoft
  • Apple Inc.
  • Agnitio
  • Sensory, Inc
  • Voicebox Technologies Corporation
  • Amazon.com, Inc.
  • Nuance Communications, Inc
Note: Product cover images may vary from those shown
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The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

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