What is the scope for Global Far-Field Speech and Voice Recognition Market ?

0
0

Global Far-Field Speech and Voice Recognition Market 

According to the analysis of Market Research Future (MRFR), the global far-field speech and voice recognition market is slated to reach a significant market valuation at a substantial CAGR over the assessment period.

Drivers and Restraints

Far-field speech recognition is a vital technology for speech interactions and aiming to enable smart devices to identify human speech even from a certain distance. Technological advancements in deep-learning-based far-field microphones, increasing demand for voice control-based smart speakers and the adoption of far-field speech, along with the usage of voice recognition technology in smart home devices are the major driving factors of the global far-field speech and voice recognition market over the review period.

Segmental Analysis

The global far-field speech and voice recognition market is segmented on the basis of component, application, and microphone solution.

Based on the component, the far-field speech and voice recognition market has been segmented into digital signal processors, microphones, and software. The microphone segment is likely to lead the market share over the review period, while the software segment is poised to record the highest growth rate. This is attributed to the increasing investments by major market players, towards the improvement of precision and dependability of digital communication with the use of advanced signal processing algorithms and methods.

Based on the microphone solution, the market has been segmented into  circular arrays, linear arrays, and single microphone.  The linear array segment is slated to dominate the market share over the review period, owing to its wide application scope, whereas the software segment is anticipated to register the highest CAGR.

On the basis of the applications, the market has been segmented into the in-vehicle infotainment system, robotics, smart lighting, smart speakers, smart thermostats, smart TV, and others.

Regional Analysis

The global far-field speech and voice recognition market is segmented on the basis of region, into Asia Pacific, North America, Europe, and the rest of the world.

North America is slated to account for the maximum market share and record the fastest CAGR in the market for far-field speech and voice recognition over the review period.  This is attributed to the presence of major market players, abundant availability of capable technical expertise, and greater penetration of smart devices including smart speakers in the region. Furthermore, the end-users in the region willingly capitalize in new technologies, which further drives the development of field voice recognition technology in the region over the assessment period.

Competitive Landscape

The key market players operating in the global far-field speech and voice recognition market identified by MRFR are Texas Instruments Inc. (US), Synaptics Inc. (US), Qualcomm Inc. (US), STMicroelectronics NV (Switzerland), Sensory Inc. (US), Harman International Industries, Inc. (the USCirrus Logic Inc. (US), Microsemi Corporation (US), Andrea Electronics Corporation (US), DSP Group, Inc. (US), Meeami Technologies, Inc. (the US), Knowles Corporation (US), Fortemedia, Inc. (US), Alango Technologies Ltd (Israel), and VOCAL Technologies, Ltd (US).

The market players are anticipated to invest extensively in research and development activities. The players are also likely to focus on profitable business strategies such as mergers, joint ventures, partnerships, among others, which are fueling the competition in the global far-field speech and voice recognition market for  over the review period.

Browse Complete Report “Global Far-Field Speech and Voice Recognition Market” @ https://www.marketresearchfuture.com/reports/far-field-speech-and-voice-recognition-market-7964 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.