The company sells its products and services mostly through direct sales force, online & retail stores and through third-party cellular network carriers, resellers, and wholesalers. involved in several sectors such as designing, manufacturing, marketing and selling mobiles, media devices, and computers to consumers worldwide. By 2025, it’s expected to have grown at a CAGR of 17.2%, reaching over $ 26.79 billion.įounded in 1977 and headquartered at Cupertino, California, the U.S. The company has its geographical presence in North America, Europe, Asia-Pacific, and rest of the world.Ī report into the projected growth of the current Speech and Voice Recognition Market by Meticulous Research® has produced some incredible forecasts for the industry. The company mainly focuses on advanced technologies such as artificial intelligence, cloud computing, consumer electronics, e-commerce, and digital streaming. functions through three core segments namely, North America, international, and amazon web services segments in the retail sale of consumer products and subscriptions. Google has strong global network with more than 70 offices in 50 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.įounded in 1994 and headquartered at Washington, D.C., the U.S. In addition to the aforementioned product and services, Google LLC is also cementing its feet in home automation industry directly or through its multiple subsidiaries. Google’s product portfolio ranges from search engines, cloud computing, online advertising technologies, and computer hardware & software.
Google LLC is one of the global pioneers in Internet-based products and services. Nuance partners with almost 75% of fortune 100 companies and around 10000 global healthcare organizations use Nuance solution.įounded in 1998 and headquartered at California, the U.S. The company provides many solutions including healthcare AI solutions & services, omnichannel customer engagement, dragon consumer & enterprise, and automotive. Nuance Communications provides speech recognition and artificial intelligence products which focus on server and embedded speech recognition, telephone call steering systems, automated telephone directory services, and medical transcription software and systems. Here are the top 10 companies operating in the global speech and voice recognition market–įounded in 2001 and headquartered at Burlington, Massachusetts, the U.S. The growth of the overall speech and voice recognition market is primarily driven by factors, such as rising acceptance of advanced technology together with increasing consumer demand for smart devices, a growing sense of personal data safety and security, and increasing usage of voice-enabled payments and shopping by retailers.
The speech recognition devices have the capability to respond to voice commands. Voice and speech recognition technologies authorize contactless control to several devices and equipment that delivers input for automatic translation and generates print-ready dictation. Global Speech and Voice Recognition Market will grow at a CAGR of 17.2% during the forecast period to reach $26.79 billion by 2025 from $10.34 billion in 2019, Says “Meticulous Research ®”
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