Far-Field Speech and Voice Recognition Market 2019 Gross Margin Analysis, Opportunities, Future Trends, Sales Revenue, Industry Growth Forecast To 2024
Jul 5, 2019
Far-Field Speech and Voice Recognition Market Research Report: By Component (Microphones, Digital Signal Processors, Software), Microphone Solution (Single Microphone, Linear Arrays, Circular Arrays), Application Forecast till 2024
Pune, India - July 5, 2019 /MarketersMedia/ —
Market Overview
According to Market Research Future, the market for far-field speech and voice recognition market has been segmented on the basis of component, microphone solution, application, and region.
Far-Field Speech And Voice Recognition Market technology are used in the machines to enable them to interact with humans in the latter’s language. For the same, the machine includes a microphone array, so that the machine can recognize the voice of the user even in case of noise or distortion. This technology enables machines to detect and recognize a voice within the coverage area of up to 10m.
Technical advancements in far-field speech and voice recognition market microphones, development of components that enhance the accuracy of speech and voice recognition, and growth in the adoption of voice control-based smart speakers such as Alexa and Echo are the key drivers for the market. Therefore, the market players are adopting product launch as the key market strategy to increase their market share. For instance, in March 2019, DSP Concepts, Inc., an embedded audio-processing solution provider, launched a new brand of voice recognition technology—TalkTo—which includes software-based audio front ends for voice-controlled products. It also provides solutions that deliver reliable far-field voice recognition to TV & smart screen even with linear two or four-mic arrays.
Based on component, the market has been segregated into microphones, digital signal processors, and software. The microphone segment is estimated to be the largest during the review period; however, the software segment is expected to register the highest CAGR during the forecast period. The growth is attributed to its benefits, which include higher accuracy and reliability of digital communication in far-field speech and voice recognition market solution.
Get Free Sample Copy Report @ https://www.marketresearchfuture.com/sample_request/7964
Based on microphone solution, the market has been segmented into single microphone, linear arrays, and circular arrays. The linear array segment held the highest market share in 2018 as it is widely used in smart devices such as speakers, smart TVs and set-top boxes, home routers, home security devices, and other similar devices. However, the circular arrays segment is expected to register the highest CAGR during the review period.
Based on application, the market has been segmented into in-vehicle infotainment system, smart TV, smart speakers, robotics, smart thermostats, smart lighting, and others. The smart speaker segment is expected to dominate the global far-field speech and voice recognition market speech and voice recognition market during the forecast period owing to the growing adoption of virtual assistants across devices such as smartphones and tablets in North America and Europe.
Key Players
The prominent players in the far-field speech and voice recognition market are Synaptics Inc. (US), Texas Instruments Inc. (US), Qualcomm Inc. (US), Sensory Inc. (US), STMicroelectronics N.V. (Switzerland), Harman International Industries, Inc. (US), Andrea Electronics Corporation (US), Cirrus Logic Inc. (US), Microsemi Corporation (US), DSP Group, Inc. (US), Knowles Corporation (US), Meeami Technologies, Inc. (US), Alango Technologies Ltd (Israel), Fortemedia, Inc. (US), and VOCAL Technologies, Ltd (US).
Segmentation
By component, the far-field speech and voice recognition market has been bifurcated into microphones, digital signal processors, and software.
By microphone solution, the far-field speech and voice recognition market has been segmented into single microphone, linear arrays, and circular arrays.
By application, the market has been segmented into in-vehicle infotainment system, smart TV, smart speakers, robotics, smart thermostats, smart lighting, and others.
By region, the far-field speech and voice recognition market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Get Complete Report @ https://www.marketresearchfuture.com/reports/far-field-speech-and-voice-recognition-market-7964
Regional Analysis
The global far-field speech and voice recognition market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.
North America, followed by Europe, is expected to be the largest market in the forecast period owing to a high concentration of market players and easy availability of proficient technical expertise in the region. Also, the end users in the region are the early adopters of advanced field voice recognition technology which further drives the growth of the far-field speech and voice recognition market.
Intended Audience
• Speech recognition companies
• Speech recognition providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Contact Us:, Market Research Future, Office No. 528, Amanora Chambers, Pune – 411028, Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/far-field-speech-and-voice-recognition-market-7964
Source: MarketersMedia
Release ID: 88892983
More News
Hawaii's Hōlei sea arch collapses after centuries on Big Island: What happened
Hawaii’s Hōlei sea arch collapses after centuries on Big Island: What happenedA colossal sea arch that had been a historic cornerstone of Hawaii’s rugged coastline has collapsed into the Pacific Ocean more than 500 years after its natural creation.The Holei Sea Arch primarily...
A.I. Agents: Cute, Cuddly and Maybe Catastrophically Dangerous?
“It’s going to be gnarly for a little while.”
Napoleon's code is cracked after 217 years: Scientist uses AI to read a mysterious letter written by the Emperor in 1809
A mysterious letter written by Napoleon Bonaparte has been decoded for the first time in more than 200 years.
E-cigarettes, mobile phones and condoms: Experts reveal the bizarre items that Brits are flushing down the toilet - costing millions each year to clean up
Experts at Initial Washroom Hygiene have revealed the most unusual items they've recovered from toilets across the UK.
Russia’s Latest Propaganda? A.I.-Generated War Songs.
Russians are creating and spreading music glorifying the invasion of Ukraine, using platforms built in the United States.
Nothing Phone (4a), Phone (4a) Pro, Phone (4b) get Flipkart Big Billion Days offers: Prices, bank discounts and more
Nothing has announced special Big Billion Days offers on the Phone (4a), Phone (4a) Pro and Phone (4b), with early access starting October 8. The Phone (4a) will get its best-ever offer, while the Phone (4b) will be available at its lowest-ever effective price of ₹27,999.
Backshall makes nature 'cool' to inspire children
Steve Backshall says growing up with rescue animals helped inspire his passion for nature.
What’s in a name? Why Trump wants to rebrand AI as ‘super intelligence’
US President Donald Trump wants to retire one of the technology sector’s most recognisable acronyms, arguing that the term “artificial intelligence”, or AI, is no longer fit for purpose. On Tuesday, Trump signed an executive order directing US federal agencies to replace “artificial intelligence” and “AI” with “super intelligence” and “SI” in official communications and non-statutory documents. He also instructed the White House science adviser to draft a new federal definition. The move...
Apple issues warning to iPhone users over 'sophisticated attack' hijacking devices
Apple has told millions of iPhone users to act now after identifying a sophisticated attack plaguing devices.
Amazon Promises More Local Funding and Less Secrecy Around Data Centers
The internet giant is the latest technology company trying to address increasingly hostile local sentiment toward data center projects.
Solar system may have a much shorter lifespan than we thought
Solar system may have a much shorter lifespan than we thought Scientists in a recent study have revealed a new expiration date for our solar system. A new study published in The Astrophysical Journal Letters suggests the solar system’s lifespan could be dramatically cut short, lasting...
The rover that could finally find life on Mars: I travelled to a remote desert in Spain to see ESA's £1billion Rosalind Franklin put to the test - and for a moment, I could have sworn I was on the Red Planet
Daily Mail's Wiliam Hunter travelled to the Tabernas Desert to see how ESA and Airbus are getting ready for what could be the most important mission in space exploration history.
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.