Speech Recognition Market Trends, Growth And Regional Outlook and Forecast 2020-2027 | Impact of COVID-19
Speech Recognition Market Analysis The global speech recognition market will touch USD 16 billion at a 16% CAGR in the forecast period 2017- 2023 as per the new Market Research Future (MRFR) analysis. Speech recognition, put simply, is a technology that is used in different devices like computers, cars, and smartphones that allows systems in identifying the sound of spoken words and converting them into machine readable form. This uses linguistic units for audio and speech signals. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1815 Various factors are fuelling the global speech recognition market size. According to the recent MRFR market estimates, such factors include the growing need for speech recognition in automotive, growing need for voice biometric systems for user authentication, high growth potential in healthcare application, growing adoption in consumer verticals, emergence of speech recognition in robotics, and technological advances in