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Speech Recognition Software Industry (Market) Growth Analysis By Top Key Players | IBM,Microsoft,Nuance Communications,AT&T,Raytheon BBN Technologies,Sensory,Dolby Systems,LumenVox,OnMobile Global and Many more

01-21-2019 07:43 AM CET | IT, New Media & Software

Press release from: www.bigmarketresearch.com

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Speech Recognition Software Industry (Market) Growth Analysis

A speech recognition software identifies words spoken by an individual or speaker into a microphone, converts them into a computer-readable format, and responds automatically. These software applications recognize speech in multiple languages.

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In terms of geography, the Americas dominated this market and is envisaged to grow at a CAGR of over 13% until the end of the forecast period. Factors like the increasing acceptance of speech recognition solutions in the healthcare and banking, financial services, and insurance sectors for time and attendance monitoring and access to organizations PCs, networks, and servers will result in the high growth of this market in the Americas.
In 2018, the global Speech Recognition Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Speech Recognition Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Speech Recognition Software development in United States, Europe and China.

The key players covered in this study
IBM
Microsoft
Nuance Communications
AT&T
Raytheon BBN Technologies
Sensory
Dolby Systems
LumenVox
OnMobile Global
Voxeo

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Market segment by Type, the product can be split into
Isolated Word Recognition
Keyword Spotting
Continuous Speech Recognition

Market segment by Application, split into
Healthcare
Military
Automotive
Retail
Government
Education
BFSI
Other

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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The study objectives of this report are:
To analyze global Speech Recognition Software status, future forecast, growth opportunity, key market and key players.
To present the Speech Recognition Software development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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