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Global Voice Controlled Devices Market 2016-2020

Global Voice Controlled Devices Market 2016-2020

Category : Semiconductor and Electronics
Published On : February  2016
Pages : 48

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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.

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:
Automobile infotainment systems

The market is divided into the following segments based on geography: 

Technavios 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 
Nuance Communications
VoiceBox Technologies

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 

Key questions answered in this report 
What will the market size be in 2020 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? 

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary

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

PART 06: Buying behavior

PART 07: Market segmentation by application
Automobile infotainment systems

PART 08: Geographical segmentation
Voice-controlled devices market in Americas
Voice-controlled devices market APAC
Voice-controlled devices market in EMEA

PART 09: Market drivers
Cloud-based voice recognition
Safety regulations
Rising demand for voice authentication in mobile banking
Growing smartphone market
Rising need to enhance customer value proposition

PART 10: Impact of drivers

PART 11: Market challenges
Need for constant connectivity
Self-conscious users
Inaccuracies in voice recognition
Low use and lack of awareness
Limited features in most automobiles

PART 12: Impact of drivers and challenges

PART 13: Market trends
Voice recognition software turning into personal digital assistants
Integration of voice verification with speech recognition
Google and Apple
PARTnering with automobile manufacturers
Increased use of apps in connected cars
Emergence of self-driving cars
Demand for multi-factor authentication

PART 14: Vendor landscape
Competitive scenario

PART 15: Explore Technavio

List of Exhibits
Exhibit 01: Major countries
Exhibit 02: Product offerings
Exhibit 03: Voice recognition process
Exhibit 04: Action framework for vendors
Exhibit 05: Voice-controlled devices market: Overview
Exhibit 06: Industry value chain
Exhibit 07: Marketing and sales management
Exhibit 08: Product life cycle for voice-controlled devices
Exhibit 09: Global voice-controlled devices market 2016-2020 (billions of units)
Exhibit 10: Five forces analysis
Exhibit 11: Significance of purchasing parameters
Exhibit 12: Global voice-controlled devices market segmentation by application 2015-2020
Exhibit 13: Geographical segmentation of voice-controlled devices market 2015-2020
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: Opportunities in coming years
Exhibit 17: Automobile
PARTners of Google and Apple

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