Global Voice Controlled Devices Market Share, Trends, Size, Analysis and Forecasts 2016-2020
Voice-controlled devices use voice recognition software to convert and decode the human voice into signals that are easily understood by the devices.
Voice-controlled devices use voice recognition software to convert and decode the human voice into signals that are easily understood by the devices.
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<strong>Global</strong> <strong>Voice</strong> <strong>Controlled</strong> <strong>Devices</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Trends</strong>, <strong>Size</strong>,<br />
<strong>Analysis</strong> <strong>and</strong> <strong>Forecasts</strong> <strong>2016</strong>-<strong>2020</strong><br />
<strong>Voice</strong>-controlled devices use voice recognition software to convert <strong>and</strong> decode the human voice into<br />
signals that are easily understood by the devices. <strong>Voice</strong> recognition is the ability of a machine to receive,<br />
underst<strong>and</strong>, <strong>and</strong> dictate spoken comm<strong>and</strong>s. It is used for various purposes such as opening locked<br />
devices, sending emails <strong>and</strong> text messages, <strong>and</strong> initiating phone calls.<br />
<strong>Voice</strong>-controlled devices analyze the voice of a particular person <strong>and</strong> subsequently grant or deny access<br />
to functions. <strong>Voice</strong> recognition technology has become very popular in areas such as mobile banking,<br />
which requires users to identify themselves via spoken comm<strong>and</strong>s before making transactions.<br />
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<strong>Voice</strong> recognition acts as an authentication technology, where words or phrases spoken aloud are<br />
converted into electrical signals that are transformed into coding patterns <strong>and</strong> assigned meaning. Each<br />
human voice is different, <strong>and</strong> identical words can have different meanings if spoken with different<br />
inflections or in different contexts. <strong>Voice</strong> recognition software is installed in computing devices to<br />
provide a quick method of writing <strong>and</strong> assist people with disabilities. It also helps individuals who have<br />
difficulty spelling words.
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Technavio's analysts forecast the global voice-controlled devices market to grow at a CAGR of 7.84%<br />
during the period <strong>2016</strong>-<strong>2020</strong>.<br />
Covered in this report<br />
The report covers the present scenario <strong>and</strong> the growth prospects of the global voice-controlled devices<br />
market for the period <strong>2016</strong>-<strong>2020</strong>. To calculate the market size, the report considers the total shipments<br />
of devices from the following application segments:<br />
Smartphones<br />
Automobile infotainment systems<br />
Smartwatches<br />
Smartb<strong>and</strong>s<br />
Remotes<br />
The market is divided into the following segments based on geography:<br />
Americas<br />
APAC<br />
EMEA<br />
Technavio's report, <strong>Global</strong> <strong>Voice</strong>-<strong>Controlled</strong> <strong>Devices</strong> <strong>Market</strong> <strong>2016</strong>-<strong>2020</strong>, has been prepared based on an<br />
in-depth market analysis with inputs from industry experts. The report covers the market l<strong>and</strong>scape <strong>and</strong><br />
its growth prospects over the coming years. The report also includes a discussion of the key vendors<br />
operating in this market.<br />
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Key questions answered in this report<br />
1. What will the market size be in <strong>2020</strong> <strong>and</strong> what will the growth rate be?<br />
2. What are the key market trends?<br />
3. What is driving this market?<br />
4. What are the challenges to market growth?<br />
5. Who are the key vendors in this market space?<br />
6. What are the market opportunities <strong>and</strong> threats faced by the key vendors?<br />
7. What are the strengths <strong>and</strong> weaknesses of the key vendors?<br />
You can request one free hour of our analyst's time when you purchase this market report. Details are<br />
provided within the report.<br />
Table Of Content<br />
PART 01: Executive summary<br />
Highlights
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PART 02: Scope of the report<br />
<strong>Market</strong> overview<br />
Top-vendor offerings<br />
PART 03: <strong>Market</strong> research methodology<br />
Research methodology<br />
Economic indicators<br />
PART 04: Introduction<br />
Key market highlights<br />
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PART 05: <strong>Market</strong> l<strong>and</strong>scape<br />
<strong>Market</strong> overview<br />
Value chain<br />
Significance of voice recognition<br />
Future outlook<br />
<strong>Market</strong> size <strong>and</strong> forecast<br />
Five forces analysis<br />
PART 06: Buying behavior<br />
PART 07: <strong>Market</strong> segmentation by application<br />
Smartphones<br />
Automobile infotainment systems<br />
Smartwatches<br />
Smartb<strong>and</strong>s<br />
Remotes<br />
PART 08: Geographical segmentation<br />
Overview<br />
<strong>Voice</strong>-controlled devices market in Americas<br />
<strong>Voice</strong>-controlled devices market APAC<br />
<strong>Voice</strong>-controlled devices market in EMEA<br />
PART 09: <strong>Market</strong> drivers<br />
Cloud-based voice recognition<br />
Safety regulations<br />
Rising dem<strong>and</strong> for voice authentication in mobile banking
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<br />
<br />
Growing smartphone market<br />
Rising need to enhance customer value proposition<br />
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