Global Far-Field Speech and Voice Recognition Market

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Global Far-Field Speech and Voice Recognition Market By Component (Microphones, Digital Signal Processors, Software), Microphone Solution (Single Microphone, Linear Arrays, Circular Arrays), Application (In-Vehicle Infotainment System, Smart TV, Smart Speakers, Robotics, Smart Thermostats, Smart Lighting and others) - Forecast till 2024

Far-Field Speech and Voice Recognition

Market Research Report By Forecast 2024

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2024

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


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Far-Field Speech and Voice Recognition Market Forecast To 2024

Far-Field Speech and Voice Recognition Market Forecast To 2024

• According to the analysis of Market Research Future (MRFR), the global far-field speech and voice

recognition market is slated to reach a significant market valuation at a substantial CAGR over the

assessment period.


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Far-Field Speech and Voice Recognition Market Forecast To 2024

“Taste the market data and market information presented through more than 50 market data tables

and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content

TOC & market synopsis on Far-Field Speech and Voice Recognition Market Forecast To 2024”

• Far-field speech recognition is a vital technology for speech interactions and aiming to enable smart

devices to identify human speech even from a certain distance. Technological advancements in

deep-learning-based far-field microphones, increasing demand for voice control-based smart

speakers and the adoption of far-field speech, along with the usage of voice recognition technology

in smart home devices are the major driving factors of the global far-field speech and voice

recognition market over the review period.


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Far-Field Speech and Voice Recognition Market Forecast To 2024

Global Far-Field Speech and Voice Recognition Market Segmented on the basis of

The global far-field speech and voice recognition market is segmented on the basis of component,

application, and microphone solution.

Based on the component, the far-field speech and voice recognition market has been segmented into

digital signal processors, microphones, and software. The microphone segment is likely to lead the market

share over the review period, while the software segment is poised to record the highest growth rate. This

is attributed to the increasing investments by major market players, towards the improvement of precision

and dependability of digital communication with the use of advanced signal processing algorithms and

methods.

Based on the microphone solution, the market has been segmented into circular arrays, linear arrays, and

single microphone. The linear array segment is slated to dominate the market share over the review

period, owing to its wide application scope, whereas the software segment is anticipated to register the

highest CAGR.

On the basis of the applications, the market has been segmented into the in-vehicle infotainment system,

robotics, smart lighting, smart speakers, smart thermostats, smart TV, and others.


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Far-Field Speech and Voice Recognition Market Forecast To 2024

Global Far-Field Speech and Voice Recognition Market - Geographical Analysis

• The global far-field speech and voice recognition market is segmented on the basis of region, into Asia Pacific,

North America, Europe, and the rest of the world.

• North America is slated to account for the maximum market share and record the fastest CAGR in the market

for far-field speech and voice recognition over the review period. This is attributed to the presence of major

market players, abundant availability of capable technical expertise, and greater penetration of smart devices

including smart speakers in the region. Furthermore, the end-users in the region willingly capitalize in new

technologies, which further drives the development of field voice recognition technology in the region over the

assessment period.

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Far-Field Speech and Voice Recognition Market Forecast To 2024

Global Far-Field Speech and Voice Recognition Market - Competitive Analysis

• The key market players operating in the global far-field speech and voice recognition market identified by MRFR

are Texas Instruments Inc. (US), Synaptics Inc. (US), Qualcomm Inc. (US), STMicroelectronics NV (Switzerland),

Sensory Inc. (US), Harman International Industries, Inc. (the USCirrus Logic Inc. (US), Microsemi Corporation (US),

Andrea Electronics Corporation (US), DSP Group, Inc. (US), Meeami Technologies, Inc. (the US), Knowles

Corporation (US), Fortemedia, Inc. (US), Alango Technologies Ltd (Israel), and VOCAL Technologies, Ltd (US).

• The market players are anticipated to invest extensively in research and development activities. The players are

also likely to focus on profitable business strategies such as mergers, joint ventures, partnerships, among others,

which are fueling the competition in the global far-field speech and voice recognition market for over the review

period.

• Browse Report @ https://www.marketresearchfuture.com/reports/far-field-speech-and-voicerecognition-market-7964


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