Report Detail
Global Speech Technology Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
- RnM3835454 |
- 25 November, 2019 |
- Global |
- 114 Pages |
- 360iResearch |
- Other
The Global Speech Technology Market is expected to grow from USD 8,591.78 Million in 2018 to USD 28,901.67 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 18.92%.
The positioning of the Global Speech Technology Market vendors in FPNV Positioning Matrix are determined by Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinders, N: Niche, and V: Vital).
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Speech Technology Market including are Alphabet, Amazon Web Services, Apple, Microsoft, Quantiphi, Inc., Acapela Group, AIBrain, Anki, Baidu, Biotrust Id, Cantab Research, Facebook, Iflytek, Lumenvox, M2sys, Mmodal, Nuance Communication, Raytheon BBN Technologies, Sensory, Siemens, Speak2Web, Uniphore Software, Validsoft, Vocalzoom, and Voicevault.
On the basis of Function, the Global Speech Technology Market is studied across Interactive Voice Response (IVR), Real-time Speech to Text Conversion, Speech Analytics, Speech Recognition, Speech Synthesis, and Speech Verification.
On the basis of Delivery Method, the Global Speech Technology Market is studied across Artificial Intelligence Based and Non-Artificial Intelligence Based.
On the basis of Deployment, the Global Speech Technology Market is studied across On-Cloud and On-Premise.
On the basis of Application, the Global Speech Technology Market is studied across Aerospace & Defence Security, Government & Public Sector, Healthcare & Life Sciences, IT & telecommunicataion, Personal Assistance, Retail, and Automotive.
For the detailed coverage of the study, the market has been geographically divided into the Americas, Asia-Pacific, and Europe, Middle East & Africa. The report provides details of qualitative and quantitative insights about the major countries in the region and taps the major regional developments in detail.
In the report, we have covered two proprietary models, the FPNV Positioning Matrix and Competitive Strategic Window. The FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.
Research Methodology:
Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified influential factors around which assumptions about the market are made. These assumptions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people. Market forecasting derived from in-depth understanding attained from future market spending patterns provides quantified insight to support your decision-making process. The interview is recorded, and the information gathered in put on the drawing board with the information collected through secondary research.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on Speech Technology offered by the key players in the Global Speech Technology Market
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the Global Speech Technology Market
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Speech Technology Market
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Speech Technology Market
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Speech Technology Market
The report answers questions such as:
1. What is the market size of Speech Technology market in the Global?
2. What are the factors that affect the growth in the Global Speech Technology Market over the forecast period?
3. What is the competitive position in the Global Speech Technology Market?
4. Which are the best product areas to be invested in over the forecast period in the Global Speech Technology Market?
5. What are the opportunities in the Global Speech Technology Market?
6. What are the modes of entering the Global Speech Technology Market?
1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
2. Research & Forecasting
- 2.1. Research Methodology
- 2.1.1. Research Process
- 2.1.2. Research Framework
- 2.1.3. Research Reliability & Validity
- 2.1.4. Research Assumptions
- 2.2. Forecasting Methodology
- 2.3. Research Outcome
- 2.3.1. Competitive Strategic Window
- 2.3.1.1. Leverage Zone
- 2.3.1.2. Vantage Zone
- 2.3.1.3. Speculative Zone
- 2.3.1.4. Bottleneck Zone
- 2.3.2. FPNV Positioning Matrix
- 2.3.2.1. Quadrants
- 2.3.2.1.1. Forefront
- 2.3.2.1.2. Pathfinders
- 2.3.2.1.3. Niche
- 2.3.2.1.4. Vital
- 2.3.2.2. Business Strategy
- 2.3.2.2.1. Business Growth
- 2.3.2.2.2. Industry Coverage
- 2.3.2.2.3. Financial Viability
- 2.3.2.2.4. Channel Support
- 2.3.2.3. Product Satisfaction
- 2.3.2.3.1. Value for Money
- 2.3.2.3.2. Ease of Use
- 2.3.2.3.3. Product Features
- 2.3.2.3.4. Customer Support
3. Executive Summary
- 3.1. Outlook in the Speech Technology Market
- 3.1.1. Increasing use for Personal digital assistants and Knowledge management
- 3.1.2. Integration with is workplace applications
- 3.1.3. AI-driven speech technology has become conversational and use-cases for advanced ChatBots
- 3.1.4. Google’s Project Euphonia helps make speech tech more accessible to people with disabilities
- 3.1.5. DISNEY to develop voice recognition software for young children
- 3.2. Opportunities in the Speech Technology Market
- 3.3. Geographical Analysis in the Speech Technology Market
4. Premium Insight
- 4.1. Market Connectivity
- 4.2. Market Dynamics
- 4.2.1. Drivers
- 4.2.1.1. Rapid penetration of multifunctional and smart voice enabled IoT devices
- 4.2.1.2. Growing healthcare, mobile banking, and smart home automation applications
- 4.2.1.3. Increased demand for speech-based biometric systems for multifactor authentication
- 4.2.1.4. Potential impact of AI on accuracy of speech and voice recognition
- 4.2.2. Restraints
- 4.2.2.1. Associated high cost for implementation of speech technology system
- 4.2.2.2. Potential parameters such as noise and uncertain environment affecting accuracy of speech recognition system
- 4.2.3. Opportunities
- 4.2.3.1. Growing number of voice control-based smart assistive devices in enterprise verticals for the consumers
- 4.2.3.2. Potential development of speech technology system for micro-linguistics and local languages
- 4.2.3.3. Growing demand in autonomous cars, service robotics and education sector for disabled students
- 4.2.4. Challenges
- 4.2.4.1. Standardized platform for developing customized speech recognition systems
- 4.2.4.2. Geographies with low internet penetration rate
- 4.2.1. Drivers
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Threat of New Entrants
- 4.3.2. Threat of Substitutes
- 4.3.3. Bargaining Power of Customers
- 4.3.4. Bargaining Power of Suppliers
- 4.3.5. Industry Rivalry
- 4.4. Industry Trends
5. Global Speech Technology Market, by Function
- 5.1. Overview
- 5.2. Market Sizing & Forecasting
- 5.3. Interactive Voice Response (IVR)
- 5.4. Real-time Speech to Text Conversion
- 5.5. Speech Analytics
- 5.6. Speech Recognition
- 5.7. Speech Synthesis
- 5.8. Speech Verification
6. Global Speech Technology Market, by Delivery Method
- 6.1. Overview
- 6.2. Market Sizing & Forecasting
- 6.3. Artificial Intelligence Based
- 6.4. Non-Artificial Intelligence Based
7. Global Speech Technology Market, by Deployment
- 7.1. Overview
- 7.2. Market Sizing & Forecasting
- 7.3. On-Cloud
- 7.4. On-Premise
8. Global Speech Technology Market, by Application
- 8.1. Overview
- 8.2. Market Sizing & Forecasting
- 8.3. Aerospace & Defence Security
- 8.4. Government & Public Sector
- 8.5. Healthcare & Life Sciences
- 8.6. IT & telecommunicataion
- 8.7. Personal Assistance
- 8.8. Retail
- 8.9. Automotive
9. Global Speech Technology Market, by Geography
- 9.1. Americas
- 9.1.1. Overview
- 9.1.2. Market Sizing & Forecasting
- 9.1.3. Argentina
- 9.1.4. Canada
- 9.1.5. Mexico
- 9.1.6. United States
- 9.2. Asia-Pacific
- 9.2.1. Overview
- 9.2.2. Market Sizing & Forecasting
- 9.2.3. Australia
- 9.2.4. China
- 9.2.5. India
- 9.2.6. Japan
- 9.3. Europe, Middle East & Africa
- 9.3.1. Overview
- 9.3.2. Market Sizing & Forecasting
- 9.3.3. France
- 9.3.4. Germany
- 9.3.5. Italy
- 9.3.6. Spain
- 9.3.7. United Kingdom
10. Competitive Landscape
- 10.1. FPNV Positioning Matrix for Global Speech Technology Market
- 10.2. Market Vendor Ranking Analysis for Global Speech Technology Market
- 10.3. Competitive News Feed Analysis for Global Speech Technology Market
11. Company Usability Profiles
- 11.1. Alphabet
- 11.1.1. Overview
- 11.1.2. Strategy
- 11.1.3. SWOT
- 11.2. Amazon Web Services
- 11.2.1. Overview
- 11.2.2. Strategy
- 11.2.3. SWOT
- 11.3. Apple
- 11.3.1. Overview
- 11.3.2. Strategy
- 11.3.3. SWOT
- 11.4. Microsoft
- 11.4.1. Overview
- 11.4.2. Strategy
- 11.4.3. SWOT
- 11.5. Quantiphi, Inc.
- 11.5.1. Overview
- 11.5.2. Strategy
- 11.5.3. SWOT
- 11.6. AIBrain
- 11.7. Acapela Group
- 11.8. Anki
- 11.9. Baidu
- 11.10. Biotrust Id
- 11.11. Cantab Research
- 11.12. Facebook
- 11.13. Iflytek
- 11.14. Lumenvox
- 11.15. M2sys
- 11.16. Mmodal
- 11.17. Nuance Communication
- 11.18. Raytheon BBN Technologies
- 11.19. Sensory
- 11.20. Siemens
- 11.21. Speak2Web
- 11.22. Uniphore Software
- 11.23. Validsoft
- 11.24. Vocalzoom
- 11.25. Voicevault
12. Appendix
- 12.1. Discussion Guide
- 12.2. Top Reports
- 12.2.1. Global Wireless Display Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
- 12.2.2. Global Smart TV Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
- 12.2.3. Global Head-Up Display Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
- 12.2.4. Global Fall Detection System Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025
- 2.3.1. Competitive Strategic Window
Summary:
Get latest Market Research Reports on Speech Technology. Industry analysis & Market Report on Speech Technology is a syndicated market report, published as Global Speech Technology Market - Premium Insight, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025. It is complete Research Study and Industry Analysis of Speech Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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