Global Markets and Technologies for Voice Recognition

Global Markets and Technologies for Voice Recognition

  • January 2017
  • 107 pages
  • BCC Research
Report ID: 1075887

Use this report to:
- Evaluate the market opportunity for voice recognition technology providers.
- Learn about the advances in machine learning, statistical data-mining techniques, ubiquitous mobile devices and other technologies on the revenue opportunities for voice recognition suppliers.
- Gain an insight into healthcare user segment including interactive voice response, assistive technology and transcription applications.


Highlights
- The global market for voice recognition technologies was valued at $90.3 billion in 2015. This market is expected to increase from $104.4 billion in 2016 to $184.9 billion in 2021 at a compound annual growth rate (CAGR) of 12.1% for 2016-2021.
- Consumer market is expected to grow from $54.4 billion in 2016 to $95.9 billion in 2021 at a CAGR of 12.0% from 2016 through 2021.
- Enterprise market is expected to grow from $44.0 billion in 2016 to $79.0 billion at a CAGR of 12.4% from 2016 through 2021.


INTRODUCTION
In the three years since BCC Research issued its last report on voice recognition technologies, the market has continued to expand due to the growing demand for enhanced enterprise, consumer and healthcare applications that feature speech as a primary user interface. This report updates the forecast for supplier revenue in those three segments, as well as the subsegments covered in the previous report.


STUDY GOALS AND OBJECTIVES
The goal of this market report is to update BCC Research’s ongoing evaluation of the market opportunity for voice recognition technology providers. The key finding is that the market has expanded and grown more valuable in numerous ways. This study
Highlights the impact of advances in machine learning, statistical data-mining techniques, ubiquitous mobile devices and other technologies on the revenue opportunities for voice recognition suppliers.


REASONS FOR DOING THE STUDY
As part of BCC Research’s ongoing information technology agenda, this report investigates a continually expanding technology-driven market opportunity by updating previous findings while highlighting new opportunities for market participants.



SCOPE OF THE REPORT
The scope of this report covers the overall voice recognition technologies market with market sizing and trends analysis for the most recently completed actuals for 2015 as well as forecasts, trends and compound annual growth rates (CAGRs) for 2016 through 2021.

The market is segmented into end user, technology and regional segments. End user segments include consumer entertainment, telematics and home applications, as well as enterprise applications within the military, legal, contact center and warehouse sectors. The healthcare user segment is also examined including interactive voice response, assistive technology and transcription applications.

Technologies covered include overall hardware, software and devices as well as automatic speech recognition, text-to-speech, speaker verification, speech analytics, call center, interactive voice response, voice-enabled mobile search, games and set top boxes, digital signal processors, gateways, microelectromechanical systems and Bluetooth technology. The market is also segmented by region, specifically, North America, Latin America, Europe and Asia-Pacific. Device applications, a key driver of current demand for voice recognition, are also explored with subsegments ranging from voice integrated navigation systems to wearable devices.



INTENDED AUDIENCE

The intended audience for this report includes players in the following markets and industries:
- Voice recognition suppliers addressing all markets.
- Manufacturers, supply chain personnel and marketing managers.
- Analysts, investors and consultants.
- End users and academic scholars seeking data on the market.



METHODOLOGY AND INFORMATION SOURCES
Both primary and secondary research sources were used in preparing this study. Primary sources of information included contacts with market players. Secondary information sources included both printed publications and online resources such as previously published market research reports, corporate documents, technology white papers, public company discloser statements, press release and assorted industry reference sources. Market forecasts were developed using a top-down approach for the voice recognition market as a whole. Line items were then further cross-checked on a per segment basis to verify market size and sub-segment growth. Finally, company financials were reviewed for the leading firms to further validate market size, segment strength and growth expectations.


ANALYST’S CREDENTIALS
Michael Sullivan is currently Senior Editor for Information Technology at BCC Research. He is also an IT industry analyst with more than 20 years of experience investigating, studying and reporting on information technology development and applications. Previous reports include coverage of content delivery networks and zero net energy buildings.
CHAPTER 1
INTRODUCTION 2
STUDY GOALS AND OBJECTIVES 2
REASONS FOR DOING THE STUDY 2
SCOPE OF THE REPORT 2
INTENDED AUDIENCE 3
METHODOLOGY AND INFORMATION SOURCES 3
ANALYST'S CREDENTIALS 3
RELATED BCC RESEARCH REPORTS 3
BCC RESEARCH WEBSITE 4
DISCLAIMER 4
CHAPTER 2 SUMMARY 6
SUMMARY TABLE GLOBAL MARKET FOR VOICE RECOGNITION TECHNOLOGIES, BY END USER, THROUGH 2021 ($ BILLIONS) 6
SUMMARY FIGURE GLOBAL MARKET FOR VOICE RECOGNITION TECHNOLOGIES, BY END USER, 2015-2021 ($ BILLIONS) 6
CHAPTER 3 OVERVIEW 10
SPEECH RECOGNITION LIFE CYCLE 10
TABLE 1 SPEECH RECOGNITION LIFE CYCLE 10
IMPORTANCE OF THE INDUSTRY 11
HISTORY OF THE INDUSTRY 12
DESCRIPTION OF THE INDUSTRY: MAJOR CATEGORIES 14
INFRASTRUCTURE HARDWARE 14
TABLE 2 VOICE RECOGNITION HARDWARE COMPONENTS AND THEIR FUNCTIONS 14
SOFTWARE 15
TABLE 3 VOICE RECOGNITION SOFTWARE AND THEIR FUNCTIONS 16
ENHANCED DEVICES 16
TABLE 4 ENHANCED DEVICES FOR VOICE RECOGNITION AND THEIR FUNCTIONS 17
FUNDAMENTAL FUNCTIONS OF VOICE TECHNOLOGY 17
SCOPE OF REPORT CLASSIFIED BY VOICE RECOGNITION FUNCTION 18
TABLE 5 SCOPE OF REPORT CLASSIFIED BY VOICE RECOGNITION FUNCTION 18
SCOPE OF REPORT CLASSIFIED BY MARKET 18
TABLE 6 SCOPE OF REPORT CLASSIFIED BY MARKET 19
THE FUTURE IS NOW 19
CHAPTER 4 MARKETS BY PRODUCTS 21
HARDWARE 21
DIGITAL SIGNAL PROCESSING (DSP) 21
Global Digital Signal Processor Forecast 21
TABLE 7 GLOBAL MARKET FOR DIGITAL SIGNAL PROCESSOR (DSP) COMPONENTS, THROUGH 2021 ($ BILLIONS) 21
FIGURE 1 GLOBAL MARKET FOR DIGITAL SIGNAL PROCESSOR (DSP) COMPONENTS, 2015-2021 ($ BILLIONS) 21
Global Gateway Forecast 22
TABLE 8 GLOBAL MARKET FOR VOICE RECOGNITION GATEWAYS, THROUGH 2021 ($ BILLIONS) 22
FIGURE 2 GLOBAL MARKET FOR VOICE RECOGNITION GATEWAYS, 2015-2021 ($ BILLIONS) 22
Global Microelectromechanical System (MEMS) Microphones Forecast 24
TABLE 9 GLOBAL MARKET FOR MICROELECTROMECHANICAL SYSTEM (MEMS) MICROPHONES, THROUGH 2021 ($ BILLIONS) 24
FIGURE 3 GLOBAL MARKET FOR MICROELECTROMECHANICAL SYSTEM (MEMS) MICROPHONES, 2015-2021 ($ BILLIONS) 24
Global Bluetooth Integrated Headsets Forecast 25
TABLE 10 GLOBAL MARKET FOR BLUETOOTH INTEGRATED HEADSETS, THROUGH 2021 ($ BILLIONS) 25
FIGURE 4 GLOBAL MARKET FOR BLUETOOTH INTEGRATED HEADSETS, 2015-2021 ($ BILLIONS) 25
Global Voice-enabled Set-Top Box Forecast 26
TABLE 11 GLOBAL MARKET FOR VOICE-ENABLED SET-TOP BOX DEVICES, THROUGH 2021 ($ BILLIONS) 26
FIGURE 5 GLOBAL MARKET FOR VOICE-ENABLED SET-TOP BOX DEVICES, 2015-2021 ($ BILLIONS) 26
Global Voice-Activated Interactive Games Forecast 27
TABLE 12 GLOBAL MARKET FOR VOICE-ACTIVATED INTERACTIVE GAMES, THROUGH 2021 ($ BILLIONS) 27
FIGURE 6 GLOBAL MARKET FOR VOICE-ACTIVATED INTERACTIVE GAMES, 2015-2021 ($ BILLIONS) 27
SOFTWARE 27
GLOBAL AUTOMATIC SPEECH RECOGNITION FORECAST 28
TABLE 13 GLOBAL MARKET FOR AUTOMATIC SPEECH RECOGNITION TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 28
FIGURE 7 GLOBAL MARKET FOR AUTOMATIC SPEECH RECOGNITION TECHNOLOGY, 2015-2021 ($ BILLIONS) 28
GLOBAL SPEAKER VERIFICATION FORECAST 29
TABLE 14 GLOBAL MARKET FOR SPEAKER VERIFICATION TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 29
FIGURE 8 GLOBAL MARKET FOR SPEAKER VERIFICATION TECHNOLOGY, 2015-2021 ($ BILLIONS) 29
GLOBAL TEXT-TO-SPEECH FORECAST 30
TABLE 15 GLOBAL MARKET FOR TEXT-TO-SPEECH TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 30
FIGURE 9 GLOBAL MARKET FOR TEXT-TO-SPEECH TECHNOLOGY, 2015-2021 ($ BILLIONS) 30
GLOBAL SPEECH ANALYTICS FORECAST 30
TABLE 16 GLOBAL MARKET FOR SPEECH ANALYTICS, THROUGH 2021 ($ BILLIONS) 31
FIGURE 10 GLOBAL MARKET FOR SPEECH ANALYTICS, 2015-2021 ($ BILLIONS) 31
GLOBAL VOICE-ENABLED CALL CENTER FORECAST 31
TABLE 17 GLOBAL MARKET FOR VOICE-ENABLED CALL CENTER, THROUGH 2021 ($ BILLIONS) 32
FIGURE 11 GLOBAL MARKET FOR VOICE-ENABLED CALL CENTER, 2015-2021 ($ BILLIONS) 32
GLOBAL INTERACTIVE VOICE RESPONSE (IVR) VOICE ACTIVATED DIALING FORECAST 32
TABLE 18 GLOBAL MARKET FOR INTERACTIVE VOICE RESPONSE (IVR) VOICE-ACTIVATED DIALING SYSTEMS, THROUGH 2021 ($ BILLIONS) 32
FIGURE 12 GLOBAL MARKET FOR INTERACTIVE VOICE RESPONSE (IVR) VOICE-ACTIVATED DIALING SYSTEMS, 2015-2021 ($ BILLIONS) 32
GLOBAL VOICE-ENABLED MOBILE SEARCH ADVERTISING REVENUE FORECAST 33
TABLE 19 GLOBAL MARKET FOR VOICE-ENABLED MOBILE SEARCH ADVERTISING, THROUGH 2021 ($ BILLIONS) 34
FIGURE 13 GLOBAL MARKET FOR VOICE-ENABLED MOBILE SEARCH ADVERTISING, 2015-2021 ($ BILLIONS) 34
ENHANCED DEVICES 34
VOICE-AIDED ASSISTIVE PRODUCTS FORECAST 35
TABLE 20 GLOBAL MARKET FOR VOICE-AIDED ASSISTIVE PRODUCTS, THROUGH 2021 ($ BILLIONS) 35
FIGURE 14 GLOBAL MARKET FOR VOICE-AIDED ASSISTIVE PRODUCTS, 2015-2021 ($ BILLIONS) 35
GLOBAL VOICE INTEGRATED WORKSTATION FORECAST 36
TABLE 21 GLOBAL MARKET FOR VOICE-INTEGRATED WORKSTATIONS, THROUGH 2021 ($ BILLIONS) 36
FIGURE 15 GLOBAL MARKET FOR VOICE-INTEGRATED WORKSTATIONS, 2015-2021 ($ BILLIONS) 36
GLOBAL BLUETOOTH VOICE-ACTIVATED CAR KIT FORECAST 36
TABLE 22 GLOBAL MARKET FOR BLUETOOTH VOICE-ACTIVATED CAR KIT, THROUGH 2021 ($ BILLIONS) 37
FIGURE 16 GLOBAL MARKET FOR BLUETOOTH VOICE-ACTIVATED CAR KIT, 2015-2021 ($ BILLIONS) 37
GLOBAL VOICE ACTIVATED NAVIGATION SYSTEMS FORECAST 37
TABLE 23 GLOBAL MARKET FOR VOICE-ACTIVATED NAVIGATION SYSTEMS, THROUGH 2021 ($ BILLIONS) 37
FIGURE 17 GLOBAL MARKET FOR VOICE-ACTIVATED NAVIGATION SYSTEMS, 2015-2021 ($ BILLIONS) 38
GLOBAL VOICE-ACTIVATED WEARABLE PRODUCTS FORECAST 38
TABLE 24 GLOBAL MARKET FOR VOICE-ACTIVATED WEARABLE PRODUCTS, THROUGH 2021 ($ BILLIONS) 39
FIGURE 18 GLOBAL MARKET FOR VOICE-ACTIVATED WEARABLE PRODUCTS, 2015-2021 ($ BILLIONS) 39
GLOBAL VOICE ACTIVATED SMART HOME PRODUCTS FORECAST 39
TABLE 25 GLOBAL MARKET FOR VOICE-ACTIVATED SMART HOME PRODUCTS, THROUGH 2021 ($ BILLIONS) 40
FIGURE 19 GLOBAL MARKET FOR VOICE-ACTIVATED SMART HOME PRODUCTS, 2015-2021 ($ BILLIONS) 40
CHAPTER 5 VOICE RECOGNITION CATEGORIES AND END MARKETS 42
GLOBAL VOICE RECOGNITION MARKET BY CATEGORY 42
TABLE 26 GLOBAL MARKET FOR VOICE RECOGNITION, BY CATEGORY, THROUGH 2021 ($ BILLIONS) 42
FIGURE 20 GLOBAL MARKET FOR VOICE RECOGNITION, BY CATEGORY, 2015-2021 ($ BILLIONS) 42
GLOBAL HARDWARE MARKET FORECAST 43
TABLE 27 GLOBAL MARKET FOR VOICE RECOGNITION HARDWARE, BY PRODUCT TYPE, THROUGH 2021 ($ BILLIONS) 43
FIGURE 21 GLOBAL MARKET FOR VOICE RECOGNITION HARDWARE, BY PRODUCT TYPE, 2015-2021 ($ BILLIONS) 44
GLOBAL SOFTWARE MARKET FORECAST 44
TABLE 28 GLOBAL MARKET FOR VOICE RECOGNITION SOFTWARE, BY PRODUCT CATEGORY, THROUGH 2021 ($ BILLIONS) 45
FIGURE 22 GLOBAL MARKET FOR VOICE RECOGNITION SOFTWARE, BY PRODUCT CATEGORY, 2015-2021 ($ BILLIONS) 46
GLOBAL ENHANCED DEVICES MARKET FORECAST 46
TABLE 29 GLOBAL MARKET FOR VOICE RECOGNITION ENHANCED DEVICES, BY PRODUCT CATEGORY, THROUGH 2021 ($ BILLIONS) 47
FIGURE 23 GLOBAL MARKET FOR VOICE RECOGNITION ENHANCED DEVICES, BY PRODUCT CATEGORY, 2015-2021 ($ BILLIONS) 47
CHAPTER 6 END USER MARKETS: ENTERPRISE 49
TABLE 30 SCOPE OF END MARKET APPLICATIONS 49
END USER MARKETS: ENTERPRISE 49
TABLE 31 GLOBAL MARKET FOR VOICE RECOGNITION ENTERPRISE APPLICATIONS, BY SEGMENT, THROUGH 2021 ($ BILLIONS) 50
FIGURE 24 GLOBAL MARKET FOR VOICE RECOGNITION ENTERPRISE APPLICATIONS, BY SEGMENT, 2015-2021 ($ BILLIONS) 50
GLOBAL VOICE-ENABLED LEGAL SECTOR FORECAST 51
TABLE 32 GLOBAL MARKET FOR VOICE-ENABLED LEGAL SECTOR, THROUGH 2021 ($ BILLIONS) 51
FIGURE 25 GLOBAL MARKET FOR VOICE-ENABLED LEGAL SECTOR, 2015-2021 ($ BILLIONS) 51
GLOBAL VOICE-DIRECTED WAREHOUSING SECTOR FORECAST 52
TABLE 33 GLOBAL MARKET FOR VOICE-DIRECTED WAREHOUSING SECTOR, THROUGH 2021 ($ BILLIONS) 52
FIGURE 26 GLOBAL MARKET FOR VOICE-DIRECTED WAREHOUSING SECTOR, 2015-2021 ($ BILLIONS) 52
GLOBAL CALL (CONTACT) CENTER FORECAST 53
TABLE 34 GLOBAL MARKET FOR SPEECH-ENABLED CONTACT CENTER IVR SYSTEMS, THROUGH 2021 ($ BILLIONS) 53
FIGURE 27 GLOBAL MARKET FOR SPEECH-ENABLED CONTACT CENTER IVR SYSTEMS, 2015-2021 ($ BILLIONS) 53
Call Center Voice-Aided Infrastructure Technologies 55
AutoAttendants 55
Automatic Call Distributors (ACDs) 55
Computer-Telephony Integration (CTI) 55
Interactive Voice Response (IVR) 55
Call Center Analytics 56
Voice Recognition 56
Call Center Use 56
Emerging Call Center Trends 56
Challenges to Growth 57
GLOBAL VOICE-ENABLED MILITARY SECTOR FORECAST 57
TABLE 35 GLOBAL MARKET FOR VOICE-ENABLED MILITARY SECTOR, THROUGH 2021 ($ BILLIONS) 58
FIGURE 28 GLOBAL MARKET FOR VOICE-ENABLED MILITARY SECTOR, 2015-2021 ($ BILLIONS) 58
Air Traffic Controller Training 58
Converging Technologies 58
CHAPTER 7 END-USER MARKETS: CONSUMER 60
CONSUMER MARKET 60
TABLE 36 GLOBAL MARKET FOR VOICE-ENABLED CONSUMER DEVICES, BY SEGMENT, THROUGH 2021 ($ BILLIONS) 60
FIGURE 29 GLOBAL MARKET FOR VOICE-ENABLED CONSUMER DEVICES, BY SEGMENT, 2015-2021 ($ BILLIONS) 60
GLOBAL VOICE-ENABLED TELEMATICS FORECAST 61
TABLE 37 GLOBAL MARKET FOR VOICE-ENABLED TELEMATIC DEVICES, THROUGH 2021 ($ BILLIONS) 61
FIGURE 30 GLOBAL MARKET FOR VOICE-ENABLED TELEMATIC DEVICES, 2015-2021 ($ BILLIONS) 61
GLOBAL VOICE-ENABLE SMART HOME FORECAST 62
TABLE 38 GLOBAL MARKET FOR VOICE-ENABLED SMART HOME DEVICES, THROUGH 2021 ($ BILLIONS) 62
FIGURE 31 GLOBAL MARKET FOR VOICE-ENABLED SMART HOME DEVICES, 2015-2021 ($ BILLIONS) 62
GLOBAL VOICE-ENABLED ENTERTAINMENT FORECAST 63
TABLE 39 GLOBAL MARKET FOR VOICE-ENABLED ENTERTAINMENT DEVICES, THROUGH 2021 ($ BILLIONS) 63
FIGURE 32 GLOBAL VOICE-ENABLED ENTERTAINMENT MARKET FORECAST, 2015-2021 ($ BILLIONS) 63
Interactive Displays 64
CHAPTER 8 END USER MARKETS: HEALTHCARE 66
VOICE RECOGNITION HEALTHCARE SOLUTIONS BY TYPE 66
TABLE 40 GLOBAL MARKET FOR VOICE RECOGNITION HEALTHCARE SOLUTIONS, BY TYPE, THROUGH 2021 ($ BILLIONS) 66
FIGURE 33 GLOBAL MARKET FOR VOICE RECOGNITION HEALTHCARE SOLUTIONS, 2015-2021 ($ BILLIONS) 66
GLOBAL VOICE-ENABLED HEALTHCARE INTERACTIVE VOICE RESPONSE (IVR) 67
TABLE 41 GLOBAL MARKET FOR VOICE-ENABLED HEALTHCARE INTERACTIVE VOICE RESPONSE (IVR) SYSTEMS, THROUGH 2021 ($ BILLIONS) 68
FIGURE 34 GLOBAL MARKET FOR VOICE-ENABLED HEALTHCARE INTERACTIVE VOICE RESPONSE (IVR) SYSTEMS, 2015-2021 ($ BILLIONS) 68
GLOBAL VOICE-ENABLED MEDICAL TRANSCRIPTION 68
TABLE 42 GLOBAL MARKET FOR VOICE-ENABLED MEDICAL TRANSCRIPTION, THROUGH 2021 ($ BILLIONS) 69
FIGURE 35 GLOBAL MARKET FOR VOICE-ENABLED MEDICAL TRANSCRIPTION, 2015-2021 ($ BILLIONS) 69
GLOBAL VOICE-ENABLED ASSISTIVE TECHNOLOGY 69
TABLE 43 GLOBAL MARKET FOR VOICE-ENABLED ASSISTIVE TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 70
FIGURE 36 GLOBAL MARKET FOR VOICE-ENABLED ASSISTIVE TECHNOLOGY, 2015-2021 ($ BILLIONS) 70
CHAPTER 9 TECHNOLOGIES 72
TECHNOLOGIES SUPPORTING VOICE RECOGNITION APPLICATIONS 72
TABLE 44 TECHNOLOGIES SUPPORTING VOICE RECOGNITION APPLICATIONS 72
CHALLENGES FACED BY SUPPORTING TECHNOLOGIES 73
2-D/3-D 74
AUDIO MINING (SPEECH ANALYTICS) 74
AUTOMATIC SPEECH RECOGNITION 74
ARTIFICIAL INTELLIGENCE 74
AUGMENTED REALITY 74
CLOUD COMPUTING 74
FAR-FIELD MICROPHONE 75
HEAD-UP DISPLAY (HUD) 75
INTERACTIVE VOICE RESPONSE 75
NOISE ABATEMENT 75
SPEECH BIOMETRICS 76
TEXT-TO-SPEECH 76
VOICEOVER-IP 76
VOICE-ACTIVATED DIALING (VAD) 77
TABLE 45 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY TECHNOLOGY CATEGORY, THROUGH 2021 ($ BILLIONS) 77
FIGURE 37 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY TECHNOLOGY CATEGORY, 2015-2021 ($ BILLIONS) 78
TABLE 46 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY TECHNOLOGY CATEGORY, THROUGH 2021 ($ BILLIONS) 78
FIGURE 38 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY TECHNOLOGY CATEGORY, 2015-2021 ($ BILLIONS) 78
TABLE 47 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY TECHNOLOGY CATEGORY, THROUGH 2021 ($ BILLIONS) 79
FIGURE 39 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY TECHNOLOGY CATEGORY, 2015-2021 ($ BILLIONS) 79
CHAPTER 10 INTERNATIONAL MARKETS 82
GLOBAL VOICE RECOGNITION MARKET BY REGION 82
ENTERPRISE VOICE RECOGNITION MARKET BY REGION 82
TABLE 48 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY REGION, THROUGH 2021 ($ BILLIONS) 82
FIGURE 40 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY REGION, 2015-2021 ($ BILLIONS) 82
CONSUMER VOICE RECOGNITION MARKET BY REGION 83
TABLE 49 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY REGION, THROUGH 2021 ($ BILLIONS) 84
FIGURE 41 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY REGION, 2015-2021 ($ BILLIONS) 84
HEALTHCARE VOICE RECOGNITION MARKET BY REGION 84
TABLE 50 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY REGION, THROUGH 2021 ($ BILLIONS) 84
FIGURE 42 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY REGION, 2015-2021 ($ BILLIONS) 85
CHAPTER 11 INDUSTRY STRUCTURE 87
FIGURE 43 VOICE RECOGNITION INDUSTRY RELATIONSHIPS 87
TABLE 51 CHANNEL DISTRIBUTION OF SELECTED VOICE RECOGNITION TECHNOLOGIES 87
INDUSTRY CONCERNS 88
EVOLVING STANDARDS 88
Devices and Applications that Use Multimodal Interactions 88
TABLE 52 DEVICES AND APPLICATIONS THAT USE MULTIMODAL INTERACTIONS 88
GOVERNMENT REGULATION 89
ORGANIZATIONS AND RESEARCH LABS 89
TABLE 53 ORGANIZATIONS AND RESEARCH LABS 89
CHAPTER 12 COMPANY PROFILES 97
3M HEALTH INFORMATION SYSTEMS 97
BACKGROUND 97
AJAXWEAVER 97
BACKGROUND 97
ANDREA ELECTRONICS CORP. 97
BACKGROUND 98
APPLIED VOICE & SPEECH TECHNOLOGIES INC. (AVST) 98
BACKGROUND 98
ASPECT COMMUNICATIONS CORP. (ASPT) 99
BACKGROUND 99
AURIX 99
BACKGROUND 99
AUTONOMY 100
BACKGROUND 100
AVAYA INC. 100
BACKGROUND 100
CHANT 101
BACKGROUND 101
CISCO 101
BACKGROUND 101
CLICKFOX 102
BACKGROUND 102
CONTACT SOLUTIONS INC. 102
BACKGROUND 102
CONVERGYS CORP. 102
BACKGROUND 103
CYARA SOLUTIONS 103
BACKGROUND 103
DEMANDVOICE LLC 103
BACKGROUND 104
DIGITAL BASE PRODUCTIONS 104
BACKGROUND 104
DISAGGREGATE 104
BACKGROUND 104
ELOYALTY (A TELETECH COMPANY) 104
BACKGROUND 105
EMPIRIX INC. 105
BACKGROUND 105
FRONTRANGE SOLUTIONS 105
BACKGROUND 105
GM VOICES INC. 105
BACKGROUND 106
INFERENCE SOLUTIONS NORTH AMERICA 106
BACKGROUND 106
INFRAWARE 106
BACKGROUND 106
IQ SERVICES 107
BACKGROUND 107
LOGITECH 107
BACKGROUND 108
LUMENVOX 108
BACKGROUND 108
MESSAGE TECHNOLOGIES INC. 108
BACKGROUND 108
MICROAUTOMATION 109
BACKGROUND 109
MOVIDILO 109
BACKGROUND 109
NEXIDIA 109
BACKGROUND 110
NUANCE 110
BACKGROUND 110
PARLANCE 110
BACKGROUND 111
PHILLIPS SPEECH PROCESSING 111
BACKGROUND 111
PLUM VOICE 111
BACKGROUND 111
PRODUCT SUPPORT SOLUTIONS 112
BACKGROUND 112
RESOLVITY 112
BACKGROUND 112
RIGHT VOICE INC. 112
BACKGROUND 113
SENSORY 113
BACKGROUND 113
SOFTEL 113
BACKGROUND 113
SYNTELLECT 114
BACKGROUND 114
TALKTECH 114
BACKGROUND 114
USAN 114
BACKGROUND 115
VERINT SOLUTIONS 115
BACKGROUND 115
VOCOLLECT 115
BACKGROUND 115
VOICE2FORM 116
BACKGROUND 116
VOICEVAULT 116
BACKGROUND 116
VOLTDELTA ONDEMAND SOLUTIONS 116
BACKGROUND 116
VOXEO 117
BACKGROUND 117
WIZZARD SOFTWARE 117
BACKGROUND 117
WORDLY VOICES 118
BACKGROUND 118
WYDE VOICE 118
BACKGROUND 118
YDILO 118
BACKGROUND 119


LIST OF TABLES
SUMMARY TABLE GLOBAL MARKET FOR VOICE RECOGNITION TECHNOLOGIES, BY END USER, THROUGH 2021 ($ BILLIONS) 6
TABLE 1 SPEECH RECOGNITION LIFE CYCLE 10
TABLE 2 VOICE RECOGNITION HARDWARE COMPONENTS AND THEIR FUNCTIONS 14
TABLE 3 VOICE RECOGNITION SOFTWARE AND THEIR FUNCTIONS 16
TABLE 4 ENHANCED DEVICES FOR VOICE RECOGNITION AND THEIR FUNCTIONS 17
TABLE 5 SCOPE OF REPORT CLASSIFIED BY VOICE RECOGNITION FUNCTION 18
TABLE 6 SCOPE OF REPORT CLASSIFIED BY MARKET 19
TABLE 7 GLOBAL MARKET FOR DIGITAL SIGNAL PROCESSOR (DSP) COMPONENTS, THROUGH 2021 ($ BILLIONS) 21
TABLE 8 GLOBAL MARKET FOR VOICE RECOGNITION GATEWAYS, THROUGH 2021 ($ BILLIONS) 22
TABLE 9 GLOBAL MARKET FOR MICROELECTROMECHANICAL SYSTEM (MEMS) MICROPHONES, THROUGH 2021 ($ BILLIONS) 24
TABLE 10 GLOBAL MARKET FOR BLUETOOTH INTEGRATED HEADSETS, THROUGH 2021 ($ BILLIONS) 25
TABLE 11 GLOBAL MARKET FOR VOICE-ENABLED SET-TOP BOX DEVICES, THROUGH 2021 ($ BILLIONS) 26
TABLE 12 GLOBAL MARKET FOR VOICE-ACTIVATED INTERACTIVE GAMES, THROUGH 2021 ($ BILLIONS) 27
TABLE 13 GLOBAL MARKET FOR AUTOMATIC SPEECH RECOGNITION TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 28
TABLE 14 GLOBAL MARKET FOR SPEAKER VERIFICATION TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 29
TABLE 15 GLOBAL MARKET FOR TEXT-TO-SPEECH TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 30
TABLE 16 GLOBAL MARKET FOR SPEECH ANALYTICS, THROUGH 2021 ($ BILLIONS) 31
TABLE 17 GLOBAL MARKET FOR VOICE-ENABLED CALL CENTER, THROUGH 2021 ($ BILLIONS) 32
TABLE 18 GLOBAL MARKET FOR INTERACTIVE VOICE RESPONSE (IVR) VOICE-ACTIVATED DIALING SYSTEMS, THROUGH 2021 ($ BILLIONS) 32
TABLE 19 GLOBAL MARKET FOR VOICE-ENABLED MOBILE SEARCH ADVERTISING, THROUGH 2021 ($ BILLIONS) 34
TABLE 20 GLOBAL MARKET FOR VOICE-AIDED ASSISTIVE PRODUCTS, THROUGH 2021 ($ BILLIONS) 35
TABLE 21 GLOBAL MARKET FOR VOICE-INTEGRATED WORKSTATIONS, THROUGH 2021 ($ BILLIONS) 36
TABLE 22 GLOBAL MARKET FOR BLUETOOTH VOICE-ACTIVATED CAR KIT, THROUGH 2021 ($ BILLIONS) 37
TABLE 23 GLOBAL MARKET FOR VOICE-ACTIVATED NAVIGATION SYSTEMS, THROUGH 2021 ($ BILLIONS) 37
TABLE 24 GLOBAL MARKET FOR VOICE-ACTIVATED WEARABLE PRODUCTS, THROUGH 2021 ($ BILLIONS) 39
TABLE 25 GLOBAL MARKET FOR VOICE-ACTIVATED SMART HOME PRODUCTS, THROUGH 2021 ($ BILLIONS) 40
TABLE 26 GLOBAL MARKET FOR VOICE RECOGNITION, BY CATEGORY, THROUGH 2021 ($ BILLIONS) 42
TABLE 27 GLOBAL MARKET FOR VOICE RECOGNITION HARDWARE, BY PRODUCT TYPE, THROUGH 2021 ($ BILLIONS) 43
TABLE 28 GLOBAL MARKET FOR VOICE RECOGNITION SOFTWARE, BY PRODUCT CATEGORY, THROUGH 2021 ($ BILLIONS) 45
TABLE 29 GLOBAL MARKET FOR VOICE RECOGNITION ENHANCED DEVICES, BY PRODUCT CATEGORY, THROUGH 2021 ($ BILLIONS) 47
TABLE 30 SCOPE OF END MARKET APPLICATIONS 49
TABLE 31 GLOBAL MARKET FOR VOICE RECOGNITION ENTERPRISE APPLICATIONS, BY SEGMENT, THROUGH 2021 ($ BILLIONS) 50
TABLE 32 GLOBAL MARKET FOR VOICE-ENABLED LEGAL SECTOR, THROUGH 2021 ($ BILLIONS) 51
TABLE 33 GLOBAL MARKET FOR VOICE-DIRECTED WAREHOUSING SECTOR, THROUGH 2021 ($ BILLIONS) 52
TABLE 34 GLOBAL MARKET FOR SPEECH-ENABLED CONTACT CENTER IVR SYSTEMS, THROUGH 2021 ($ BILLIONS) 53
TABLE 35 GLOBAL MARKET FOR VOICE-ENABLED MILITARY SECTOR, THROUGH 2021 ($ BILLIONS) 58
TABLE 36 GLOBAL MARKET FOR VOICE-ENABLED CONSUMER DEVICES, BY SEGMENT, THROUGH 2021 ($ BILLIONS) 60
TABLE 37 GLOBAL MARKET FOR VOICE-ENABLED TELEMATIC DEVICES, THROUGH 2021 ($ BILLIONS) 61
TABLE 38 GLOBAL MARKET FOR VOICE-ENABLED SMART HOME DEVICES, THROUGH 2021 ($ BILLIONS) 62
TABLE 39 GLOBAL MARKET FOR VOICE-ENABLED ENTERTAINMENT DEVICES, THROUGH 2021 ($ BILLIONS) 63
TABLE 40 GLOBAL MARKET FOR VOICE RECOGNITION HEALTHCARE SOLUTIONS, BY TYPE, THROUGH 2021 ($ BILLIONS) 66
TABLE 41 GLOBAL MARKET FOR VOICE-ENABLED HEALTHCARE INTERACTIVE VOICE RESPONSE (IVR) SYSTEMS, THROUGH 2021 ($ BILLIONS) 68
TABLE 42 GLOBAL MARKET FOR VOICE-ENABLED MEDICAL TRANSCRIPTION, THROUGH 2021 ($ BILLIONS) 69
TABLE 43 GLOBAL MARKET FOR VOICE-ENABLED ASSISTIVE TECHNOLOGY, THROUGH 2021 ($ BILLIONS) 70
TABLE 44 TECHNOLOGIES SUPPORTING VOICE RECOGNITION APPLICATIONS 72
TABLE 45 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY TECHNOLOGY CATEGORY, THROUGH 2021 ($ BILLIONS) 77
TABLE 46 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY TECHNOLOGY CATEGORY, THROUGH 2021 ($ BILLIONS) 78
TABLE 47 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY TECHNOLOGY CATEGORY, THROUGH 2021 ($ BILLIONS) 79
TABLE 48 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY REGION, THROUGH 2021 ($ BILLIONS) 82
TABLE 49 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY REGION, THROUGH 2021 ($ BILLIONS) 84
TABLE 50 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY REGION, THROUGH 2021 ($ BILLIONS) 84
TABLE 51 CHANNEL DISTRIBUTION OF SELECTED VOICE RECOGNITION TECHNOLOGIES 87
TABLE 52 DEVICES AND APPLICATIONS THAT USE MULTIMODAL INTERACTIONS 88
TABLE 53 ORGANIZATIONS AND RESEARCH LABS 89


LIST OF FIGURES
SUMMARY FIGURE GLOBAL MARKET FOR VOICE RECOGNITION TECHNOLOGIES, BY END USER, 2015-2021 ($ BILLIONS) 6
FIGURE 1 GLOBAL MARKET FOR DIGITAL SIGNAL PROCESSOR (DSP) COMPONENTS, 2015-2021 ($ BILLIONS) 21
FIGURE 2 GLOBAL MARKET FOR VOICE RECOGNITION GATEWAYS, 2015-2021 ($ BILLIONS) 22
FIGURE 3 GLOBAL MARKET FOR MICROELECTROMECHANICAL SYSTEM (MEMS) MICROPHONES, 2015-2021 ($ BILLIONS) 24
FIGURE 4 GLOBAL MARKET FOR BLUETOOTH INTEGRATED HEADSETS, 2015-2021 ($ BILLIONS) 25
FIGURE 5 GLOBAL MARKET FOR VOICE-ENABLED SET-TOP BOX DEVICES, 2015-2021 ($ BILLIONS) 26
FIGURE 6 GLOBAL MARKET FOR VOICE-ACTIVATED INTERACTIVE GAMES, 2015-2021 ($ BILLIONS) 27
FIGURE 7 GLOBAL MARKET FOR AUTOMATIC SPEECH RECOGNITION TECHNOLOGY, 2015-2021 ($ BILLIONS) 28
FIGURE 8 GLOBAL MARKET FOR SPEAKER VERIFICATION TECHNOLOGY, 2015-2021 ($ BILLIONS) 29
FIGURE 9 GLOBAL MARKET FOR TEXT-TO-SPEECH TECHNOLOGY, 2015-2021 ($ BILLIONS) 30
FIGURE 10 GLOBAL MARKET FOR SPEECH ANALYTICS, 2015-2021 ($ BILLIONS) 31
FIGURE 11 GLOBAL MARKET FOR VOICE-ENABLED CALL CENTER, 2015-2021 ($ BILLIONS) 32
FIGURE 12 GLOBAL MARKET FOR INTERACTIVE VOICE RESPONSE (IVR) VOICE-ACTIVATED DIALING SYSTEMS, 2015-2021 ($ BILLIONS) 32
FIGURE 13 GLOBAL MARKET FOR VOICE-ENABLED MOBILE SEARCH ADVERTISING, 2015-2021 ($ BILLIONS) 34
FIGURE 14 GLOBAL MARKET FOR VOICE-AIDED ASSISTIVE PRODUCTS, 2015-2021 ($ BILLIONS) 35
FIGURE 15 GLOBAL MARKET FOR VOICE-INTEGRATED WORKSTATIONS, 2015-2021 ($ BILLIONS) 36
FIGURE 16 GLOBAL MARKET FOR BLUETOOTH VOICE-ACTIVATED CAR KIT, 2015-2021 ($ BILLIONS) 37
FIGURE 17 GLOBAL MARKET FOR VOICE-ACTIVATED NAVIGATION SYSTEMS, 2015-2021 ($ BILLIONS) 38
FIGURE 18 GLOBAL MARKET FOR VOICE-ACTIVATED WEARABLE PRODUCTS, 2015-2021 ($ BILLIONS) 39
FIGURE 19 GLOBAL MARKET FOR VOICE-ACTIVATED SMART HOME PRODUCTS, 2015-2021 ($ BILLIONS) 40
FIGURE 20 GLOBAL MARKET FOR VOICE RECOGNITION, BY CATEGORY, 2015-2021 ($ BILLIONS) 42
FIGURE 21 GLOBAL MARKET FOR VOICE RECOGNITION HARDWARE, BY PRODUCT TYPE, 2015-2021 ($ BILLIONS) 44
FIGURE 22 GLOBAL MARKET FOR VOICE RECOGNITION SOFTWARE, BY PRODUCT CATEGORY, 2015-2021 ($ BILLIONS) 46
FIGURE 23 GLOBAL MARKET FOR VOICE RECOGNITION ENHANCED DEVICES, BY PRODUCT CATEGORY, 2015-2021 ($ BILLIONS) 47
FIGURE 24 GLOBAL MARKET FOR VOICE RECOGNITION ENTERPRISE APPLICATIONS, BY SEGMENT, 2015-2021 ($ BILLIONS) 50
FIGURE 25 GLOBAL MARKET FOR VOICE-ENABLED LEGAL SECTOR, 2015-2021 ($ BILLIONS) 51
FIGURE 26 GLOBAL MARKET FOR VOICE-DIRECTED WAREHOUSING SECTOR, 2015-2021 ($ BILLIONS) 52
FIGURE 27 GLOBAL MARKET FOR SPEECH-ENABLED CONTACT CENTER IVR SYSTEMS, 2015-2021 ($ BILLIONS) 53
FIGURE 28 GLOBAL MARKET FOR VOICE-ENABLED MILITARY SECTOR, 2015-2021 ($ BILLIONS) 58
FIGURE 29 GLOBAL MARKET FOR VOICE-ENABLED CONSUMER DEVICES, BY SEGMENT, 2015-2021 ($ BILLIONS) 60
FIGURE 30 GLOBAL MARKET FOR VOICE-ENABLED TELEMATIC DEVICES, 2015-2021 ($ BILLIONS) 61
FIGURE 31 GLOBAL MARKET FOR VOICE-ENABLED SMART HOME DEVICES, 2015-2021 ($ BILLIONS) 62
FIGURE 32 GLOBAL VOICE-ENABLED ENTERTAINMENT MARKET FORECAST, 2015-2021 ($ BILLIONS) 63
FIGURE 33 GLOBAL MARKET FOR VOICE RECOGNITION HEALTHCARE SOLUTIONS, 2015-2021 ($ BILLIONS) 66
FIGURE 34 GLOBAL MARKET FOR VOICE-ENABLED HEALTHCARE INTERACTIVE VOICE RESPONSE (IVR) SYSTEMS, 2015-2021 ($ BILLIONS) 68
FIGURE 35 GLOBAL MARKET FOR VOICE-ENABLED MEDICAL TRANSCRIPTION, 2015-2021 ($ BILLIONS) 69
FIGURE 36 GLOBAL MARKET FOR VOICE-ENABLED ASSISTIVE TECHNOLOGY, 2015-2021 ($ BILLIONS) 70
FIGURE 37 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY TECHNOLOGY CATEGORY, 2015-2021 ($ BILLIONS) 78
FIGURE 38 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY TECHNOLOGY CATEGORY, 2015-2021 ($ BILLIONS) 78
FIGURE 39 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY TECHNOLOGY CATEGORY, 2015-2021 ($ BILLIONS) 79
FIGURE 40 GLOBAL VOICE RECOGNITION ENTERPRISE MARKET, BY REGION, 2015-2021 ($ BILLIONS) 82
FIGURE 41 GLOBAL VOICE RECOGNITION CONSUMER MARKET, BY REGION, 2015-2021 ($ BILLIONS) 84
FIGURE 42 GLOBAL VOICE RECOGNITION HEALTHCARE MARKET, BY REGION, 2015-2021 ($ BILLIONS) 85
FIGURE 43 VOICE RECOGNITION INDUSTRY RELATIONSHIPS 87
Country=World Industry=SecuritySystems ParentIndustry=ITInfrastructure Date=201701 Topic=MarketReport Publisher=BCCResearch Price=6000