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Wireless/Telecom News Releases
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(Wireless-NewsWire.Com, October 17, 2017 ) The "Global Voice & Speech Recognition Market Analysis to 2025" is a specialized and in-depth study of the voice & speech recognition industry with a focus on the global market trend. The report aims to provide an overview of global voice & speech recognition market with detailed market segmentation by technology, vertical and geography. The global voice & speech recognition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the voice and speech recognition players and offers key trends and opportunities in the market.
Voice and Speech Recognition is a software that helps the user to control computer functions and convert it into the text. There are two components, First component is for processing signal which is captured by microphone and the second component is to translate the processed signal into words. Using Voice Recognition Technology increasing number of benefits are offered. Voice Recognition Technology is leveraged in the Semi-Autonomous and Autonomous Vehicles.
Increased demand for speech-based biometric systems for multifactor authentication is one of the major driver for the growth in the market, whereas lack of accuracy in recognizing speech in regional accent can be a restraining factor in the market. Growing adoption of AI based technologies and involvement of speech recognition in AI will bring new opportunities in the market in coming years.
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Global Speech & Voice Recognition Market Players:
1. Google Inc.
2. Apple Inc.
3. Voice Box Technology Corporation
4. Baidu Inc.
5. Sensory Inc.
6. Amazon.com Inc.
7. Microsoft Inc.
8. LumenVox LLC
9. Advanced Voice Recognition System, Inc.
10. Bio Trust ID B.V.
Complete Report is Available at http://www.reportsweb.com/speech-and-voice-recognition-market-to-2025
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Source: EmailWire.Com 
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