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Global Voice Recognition Market for Smartphones 2015-2019

  • October 2015
  • -
  • Infiniti Research Limited
  • -
  • 57 pages

About voice recognition
Voice recognition refers to an authentication technology where sounds, words, or phrases spoken by humans are changed into electrical signals and are converted into coding patterns and assigned meanings. Each human voice is different, and identical words can have different meanings if spoken with different inflections or in different contexts. Voice-based technology is divided into two groups: text independent and text dependent.
In this report, Technavio consider products such as Siri, Google Now, and Cortana as voice recognition solutions. They may also double up as virtual assistants providing useful information to smartphone users by collecting voice data. The report also considers third-party apps that can be installed on smartphones but focusses on products provided by Google, Apple, Nuance, and Microsoft.

Technavio's analysts forecast the global voice recognition market for smartphones to grow at a CAGR of 10.3% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global voice recognition market for smartphones for the period 2015-2019. The report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Voice Recognition Market for Smartphones 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
- Apple
- Google
- Microsoft
- Nuance
Key market driver
- Cloud-based voice recognition
- For a full, detailed list, view our report
Key market challenge
- Need for constant connectivity
- For a full, detailed list, view our report
Key market trend
- Voice recognition software turning into personal assistants
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Table Of Contents

Global Voice Recognition Market for Smartphones 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Definitions
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Functioning of technology
Voice recognition: A revolution on the rise
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
By revenue generation
By smartphone penetration
PART 07: Market drivers and their impact
Cloud-based voice recognition
Safety regulations
Growing demand for voice authentication in mobile banking
Growing smartphone market
Decline in smartphone ASP
PART 08: Market challenges and their impact
Need for constant connectivity
Conscious users
Inaccurate voice recognition system
Low usage of voice recognition
PART 09: Market trends and their impact
Voice recognition software becoming personal assistant
Data security and privacy issues
Integration of voice verification with speech recognition
PART 10: Vendor landscape
Competitive scenario
PART 11: Key-vendor analysis
Apple
Google
Microsoft
Nuance Communications
PART 12: Appendix
List of abbreviations
PART 13: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Voice recognition process
Exhibit 03: Mobile OS market share 2012-2015
Exhibit 04: Global voice recognition market for smartphones 2014-2019 (million units)
Exhibit 05: Five forces analysis
Exhibit 06: Geographical segmentation by revenue generation 2014
Exhibit 07: Geographical segmentation by smartphone penetration 2014-2019
Exhibit 08: Apple: Business segmentation by revenue 2014
Exhibit 09: Apple: Business segmentation by revenue 2013 and 2014
Exhibit 10: Google: Comparison of advertising revenues and other revenues 2013 and 2014 ($ billions)
Exhibit 11: Google: Geographical segmentation by revenue 2014
Exhibit 12: Microsoft: Business segmentation by revenue 2014
Exhibit 13: Microsoft: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 14: Microsoft: Geographical segmentation by revenue 2014
Exhibit 15: Nuance Communications: Business segmentation by revenue 2014
Exhibit 16: Nuance Communications: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 17: Nuance Communications: Geographical segmentation by revenue 2014

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