Global Voice Recognition Market to reach USD 160.30 billion by 2026

Global Voice Recognition Market Size Study, By Application (Artificial intelligence, Non-Artificial Intelligence), By component (hardware, software, enhanced devices), By Vertical (Automotive, Consumer, Government, Home Security and Home Automation, Healthcare, Retail, BFSI and others), and Regional Forecasts, 2019-2026 (USD Billion)
Product Code:  OIRNGT_55060482
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Key Trends
1.3.	Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1.	Voice Recognition Market, by Application, 2016-2026 (USD Billion)
1.3.2.	Voice Recognition Market, by Component, 2016-2026 (USD Billion)
1.3.3.	Voice Recognition Market, by Vertical, 2016-2026 (USD Billion)
1.3.4.	Voice Recognition Market, by Region, 2016-2026 (USD Billion)
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Voice Recognition Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Industry Evolution
2.2.2.	Scope of the Study
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Voice Recognition Market Dynamics	
3.1.	See Saw Analysis
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Voice Recognition Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Buyers
4.1.2.	Bargaining Power of Suppliers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model
4.2.	PEST Analysis
4.2.1.	Political Scenario
4.2.2.	Economic Scenario
4.2.3.	Social Scenario
4.2.4.	Technological Scenario
4.3.	Key Buying Criteria (On Demand)
4.4.	Regulatory Framework (On Demand)
4.5.	Investment Vs Adoption Scenario (On Demand)
4.6.	Analyst Recommendation & Conclusion
Chapter 5.	Global Voice Recognition Market by Application
5.1.	Market Snapshot 
5.2.	Voice Recognition Market, Sub Segment Analysis
5.2.1.	Artificial Intelligence
5.2.1.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
5.2.1.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
5.2.2.	Non-Artificial Intelligence
5.2.2.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
5.2.2.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
Chapter 6.	Global Voice Recognition Market by Component
6.1.	Market Snapshot 
6.2.	Voice Recognition Market, Sub Segment Analysis
6.2.1.	Hardware
6.2.1.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
6.2.1.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
6.2.2.	Software
6.2.2.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
6.2.2.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
6.2.3.	Enabled devices
6.2.3.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
6.2.3.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
Chapter 7.	Global Voice Recognition Market by Vertical
7.1.	Market Snapshot 
7.2.	Voice Recognition Market, Sub Segment Analysis
7.2.1.	Automotive
7.2.1.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.1.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.2.	Consumers
7.2.2.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.2.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.3.	Government
7.2.3.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.3.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.4.	Home Security and Home Automation
7.2.4.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.4.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.5.	Healthcare
7.2.5.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.5.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.6.	Retail
7.2.6.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.6.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.7.	BFSI
7.2.7.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.7.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
7.2.8.	Others
7.2.8.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
7.2.8.2.	Regional breakdown estimates & forecasts, 2016-2026  (USD Billion)
Chapter 8.	Global Voice Recognition Market, Regional Analysis
8.1.	Voice Recognition Market, Regional Market Snapshot (2016-2026 )
8.2.	North America Voice Recognition Market Snapshot
8.2.1.	U.S. 
8.2.1.1.	Market estimates & forecasts, 2016-2026 (USD Billion)
8.2.1.2.	Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.2.1.3.	Component breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.2.1.4.	Vertical breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.2.2.	Canada 
8.2.2.1.	Market estimates & forecasts, 2016-2026 (USD Billion)
8.2.2.2.	Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.2.2.3.	Component breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.2.2.4.	Vertical breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.3.	Europe Voice Recognition Market Snapshot
8.3.1.	U.K. 
8.3.1.1.	Market estimates & forecasts, 2016-2026 (USD Billion)
8.3.1.2.	Application breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.3.1.3.	Component breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.3.1.4.	Vertical breakdown estimates & forecasts, 2016-2026 (USD Billion)
8.3.2.	Germany 
8.3.2.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.3.2.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.3.2.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.3.2.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.3.3.	Rest of Europe Voice 
8.3.3.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.3.3.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.3.3.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.3.3.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.	Asia Voice Recognition Market Snapshot
8.4.1.	China 
8.4.1.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.4.1.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.1.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.1.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.2.	India 
8.4.2.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.4.2.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.2.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.2.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.3.	Japan 
8.4.3.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.4.3.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.3.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.3.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.4.	Rest of Asia Pacific 
8.4.4.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.4.4.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.4.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.4.4.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.5.	Latin America
8.5.1.	Brazil 
8.5.1.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.5.1.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.5.1.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.5.1.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.5.2.	Mexico 
8.5.2.1.	Market estimates & forecasts, 2016-2026  (USD Billion)
8.5.2.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.5.2.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.5.2.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.6.	Rest of The World Voice Recognition Market Snapshot
8.6.1.	Middle East and Africa
8.6.1.1.	Market estimates & forecasts, 2016-2026 (USD Billion)
8.6.1.2.	Application breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.6.1.3.	Component breakdown estimates & forecasts, 2016-2026  (USD Billion)
8.6.1.4.	Vertical breakdown estimates & forecasts, 2016-2026  (USD Billion)
Chapter 9.	Competitive Intelligence
9.1.	Company Market Share (Subject to Data Availability)
9.2.	Top Market Strategies
9.3.	Company Profiles
9.3.1.	Advanced Voice Recognition Systems, Inc. 
9.3.1.1.	Overview
9.3.1.2.	Financial (Subject to Data Availability)
9.3.1.3.	Product Summary
9.3.1.4.	Recent Developments
9.3.2.	Amazon.com, Inc.
9.3.3.	Api.ai
9.3.4.	Baidu, Inc.
9.3.5.	CastleOS Software, LLC
9.3.6.	Agnitio S.L.
9.3.7.	Anhui USTC iFlytek Co. Ltd.
9.3.8.	Apple, Inc.
9.3.9.	BioTrust ID B.V.
9.3.10.	Facebook, Inc

Global Voice Recognition Market industry valued approximately USD 67.90 billion in 2018 is anticipated to grow with a healthy growth rate of more than 11.35% over the forecast period 2019-2026. The major factors driving the growth are rising need for Voice Recognition worldwide, aim to enhance security in automobile industry and home security products i.e. door lock systems and camera systems. However, lack of accuracy in the voice recognition systems workforce impedes the growth of the market over the forecast period of 2019-2026.

The regional analysis of global Voice Recognition market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising focus on development of artificial intelligence-based system and changing lifestyles in several countries including the U.S. are promoting the deployment of voice and speech recognition software. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing adoption of smart electronics would create lucrative growth prospects for the Voice Recognition market across Asia-Pacific region.

Major market player included in this report are:
Advanced Voice Recognition Systems, Inc
Amazon.com, Inc.
Api.ai
Baidu, Inc
CastleOS Software LLC
Agnitio S.L
Anhui USTC iFlytek Co., Ltd.,
Apple, Inc
BioTrust ID B.V.,
Facebook, Inc.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Application:
Artificial Intelligence
Non-Artificial Intelligence
Component:
Hardware
Software
Enhanced devices
Vertical:
Automotive
Consumers
Government
Home security and Home Automation
Healthcare
Retail
BFSI
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Voice Recognition Market Study
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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