Monday 15 February 2016

Research Announces: Global Voice Controlled Devices Market Analysis And Forecast 2016-2020




The report " Global Voice Controlled Devices Market 2016-2020 ", has been prepared based on an in-depth market analysis with inputs from industry experts.

About Voice-Controlled Devices

Voice-controlled devices use voice recognition software to convert and decode the human voice into signals that are easily understood by the devices. Voice recognition is the ability of a machine to receive, understand, and dictate spoken commands. It is used for various purposes such as opening locked devices, sending emails and text messages, and initiating phone calls. Voice-controlled devices analyze the voice of a particular person and subsequently grant or deny access to functions. Voice recognition technology has become very popular in areas such as mobile banking, which requires users to identify themselves via spoken commands before making transactions.
Voice recognition acts as an authentication technology, where words or phrases spoken aloud are converted into electrical signals that are transformed into coding patterns and assigned meaning. Each human voice is different, and identical words can have different meanings if spoken with different inflections or in different contexts. Voice recognition software is installed in computing devices to provide a quick method of writing and assist people with disabilities. It also helps individuals who have difficulty spelling words.

Technavios analysts forecast the global voice-controlled devices market to grow at a CAGR of 7.84% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global voice-controlled devices market for the period 2016-2020. To calculate the market size, the report considers the total shipments of devices from the following application segments:
  • Smartphones
  • Automobile infotainment systems
  • Smartwatches
  • Smartbands
  • Remotes

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

Technavio's report, Global Voice-Controlled Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Apple
  • Fitbit
  • Google
  • Microsoft
  • Nuance Communications
  • Pebble
  • Samsung
  • Sony
  • VoiceBox Technologies
  • Xiaomi

Market driver
Cloud-based voice recognition
For a full, detailed list, view our report

Market challenge
Need for constant connectivity
For a full, detailed list, view our report

Market trend
Voice recognition software turning into personal digital assistants
For a full, detailed list, view our report

Table of Contents

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Value chain
Significance of voice recognition
Future outlook
Market size and forecast
Five forces analysis


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