This is one of the essential factors which would upsurge the growth of the global market. The speech and voice recognition system will also play a vital role in the education of visually impaired students. Voice recognition technology used in the emerging technology of self-driving and autonomous cars and speech and voice recognition in robotics would drive the speech and recognition market in the coming years. Increasing the adoption of superior technologies like AI, IoT, and Machine learning would drive the demand for speech and voice recognition systems. Increased demand for voice and speech biometric systems and the rising adoption of voice-based authentication in mobile applications will fuel the speech and recognition market growth.
“The rising adoption of biometric system and voice-controlled speakers would augment the voice and speech recognition market” This enables the individuals to get real-time alerts about daily chores, working schedules, traffic updates, and other notifications through Dragon Drive. This system integrates various household appliances, cars, and other devices like smartphones that can be connected to a hub via the internet.
Besides this, the lack of accuracy of these technologies may hinder the market growth.įor instance, Dragon Drive is a personal assistance system developed by Nuance Communication Inc. The evolution of Artificial Intelligence behind this technology would surely boost the adoption of speech and voice recognition systems.
The adoption rate of speech and recognition systems across the departments in many industry verticals other than health care is the recent market trend in the speech and recognition market. According to the Adobe Analytics Survey, frequent voice searches on smartphones or speakers are regarding music, weather forecast, fun questions followed by online search, news, and directions. Voice-controlled systems have been deployed in many forms, ranging from smart speakers, smart cars, and others. Speech and Voice recognition has a wide range of uses across industries, including contact centers, smartphones, and embedded devices, dictation and assistance applications, and others.
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