Artificial Voice Box Market Size, Share, Analysis Report

Artificial Voice Box Market By Delivery Methods (Artificial Intelligence based, Non Artificial Intelligence based); By Technology Type(Speech recognition, Voice recognition); By Verticals Type(Automotive, Enterprise, Consumer, Banking, Government, Healthcare, Education) and by Regional Analysis - Global Forecast by

The global Artificial Voice Box Market is expected to be around US$ 41.40 Billion by 2027 at a CAGR of 19% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

19

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The growing impact of artificial intelligence (AI) on the accuracy of speech and voice recognition and also the inflated demand for multifactor authentication are driving the market growth. However, oligopoly within the development of speech and voice recognition technology using neural networks could be a restraint for this market.

How Big is The Global Artificial Voice Box Market?

The global Artificial Voice Box Market is expected to be around US$ 41.40 Billion by 2027 at a CAGR of 19% in the given forecast period.

The major driving factors of Global Artificial Voice Box Market are as follows:

  • Increased demand for speech-based biometric systems for multifactor authentication
  • Growing demand for voice authentication in mobile banking applications
  • Growing impact of artificial intelligence (AI) on the accuracy of speech and voice recognition
  • Growth in voice control-based smart assistive devices in consumer and enterprise vertical

The restraining factors of ­Global Artificial Voice Box Market are as follows:

  • Lack of accuracy in speech and voice recognition systems in noisy and harsh working environments
  • Oligopoly in the development of speech and voice recognition technology using neural networks restricting its usage for cloud-based services

The opportunities factors of ­Global Artificial Voice Box Market are as follows:

  • Development of speech and voice recognition software for micro-linguistics and local languages
  • Application of speech and voice recognition in service robotics

The challenges factors of ­Global Artificial Voice Box Market are as follows:

  • The possibility of increased errors with change in quality of voice samples due to fluctuations in the physical or physiological state
  • Lack of standardized platform for the development of customized speech and voice recognition software products

The Global Artificial Voice Box Market is segmented on the lines of its delivery methods, technology, verticals and regional. Based on delivery methods type segmentation it covers (Artificial Intelligence based and Non Artificial Intelligence based); based on technology range it covers (Speech recognition and voice recognition); based on verticals it Covers (Automotive, Enterprise, Consumer, Banking, Government, Healthcare, Education and Other). The Global Artificial Voice Box Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the Global market for Artificial Voice Box and related technologies.
2) Analyses of Global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Global Artificial Voice Box Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Report Scope:

The scope of the report includes a detailed study of Global Artificial Voice Box Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the Global market. Key players profiled in the report NUANCE COMMUNICATIONS, INC, MICROSOFT CORPORATION, ALPHABET INC, SENSORY INC, CANTAB RESEARCH LIMITED, READSPEAKER HOLDING B.V, PARETEUM CORPORATION, IFLYTEK CO., LTD, VOICEVAULT INC, VOICEBOX TECHNOLOGIES CORP, LUMENVOX, LLC, ACAPELA GROUP SA, VOCALZOOM LTD, BIOTRUST ID B.V and UNIPHORE SOFTWARE SOLUTIONS PVT. LTD. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Artificial Voice Box Market has been segmented as below:

By Delivery Methods

  • Artificial Intelligence based
  • Non Artificial Intelligence based

By Technology Type

  • Voice recognition
  • Speech recognition

By Verticals Type

  • Education
  • Automotive
  • Government
  • Consumer
  • Banking
  • Healthcare
  • Enterprise
  • Other

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Global Artificial Voice Box Market

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of Global Artificial Voice BoxMarket.
4) Assess your competitor’s refining portfolio and its evolution.

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1 Introduction.
    1.1 Key Findings.
    1.2 Report Description.
    1.3 Markets Covered.
    1.4 Research Methodology.
    1.4.1 Market Size.
    1.4.2 Data Points from Secondary Sources.
    1.4.3 Assumptions for this report.
    1.4.4 Currency Base.
    1.4.5 Stakeholders.

2 Executive Summary.

3 Market Overview.
    3.1 Introduction.
    3.2 Drivers.
        3.2.1 Aging Population may be a Key issue contributing To The Adoption Of healthcare at home
        3.2.2 Rising care prices produce a desire For more cost-effective Treatment choices Like Home Solutions
        3.2.3 Technological Advances build sturdy Medical instrumentality A possible option to be used at home
        3.2.4 Government Initiatives to market Home healthcare
    3.3 Restrains.
        3.3.1 Restricted Coverage For Home Care Devices Affects Demand
        3.3.2 Risks To the private Safety And Health Of care staff
        3.3.3 Patient Safety Concern reception is probably going To Hinder the expansion Of Home care Market

4 European Healthcare Market Analysis, By Product.
    4.1 Home Care Testing, Monitoring and Screening
        4.1.1 Cholesterol Monitoring Devices
        4.1.2 BP Monitors
        4.1.3 HIV Kits
        4.1.4 Coagulation Monitors
        4.1.5 EEG Devices
        4.1.6 Apnea and Sleep Monitors
        4.1.7 Holter Monitors
        4.1.8 Event Monitors
        4.1.9 Fetal Heart Rate Monitors
        4.1.10 Ovulation and Pregnancy Test
        4.1.11 Drug & Alcohol Test Kits
        4.1.12 Colon Cancer Test Kit
        4.1.13 Home Hemoglobin A1c Test Kits
        4.1.14 Pregnancy BP Monitors
        4.1.15 ECG/EKG Devices
        4.1.16 Blood Glucose meters
    4.2 Home Healthcare Therapeutic Equipment
        4.2.1 Home Respiratory Therapy Equipment
            4.2.1.1    Medical Ventilators and Accessories
            4.2.1.2    Medical Nebulizer Kits and Devices
            4.2.1.3    Oxygen Delivery Systems
            4.2.1.4    Continuous Positive Airway Pressure (CPAP) Products
        4.2.2 Dialysis Equipment
        4.2.3 Insulin Delivery Devices
        4.2.4 IV Equipment
    4.3 Mobility Assist & Other Devices
        4.3.1 Wheelchairs And Related Devices
        4.3.2 Walking Assist Devices
    4.4 Nutrition
        4.4.1 Enteral Nutrition
        4.4.2 Parenteral Nutrition
    4.5 Fitness
        4.5.1 Heart Rate Monitors
        4.5.2 Cardiovascular Exercise Equipment
    4.6 Body Composition Analyzers

5 European Healthcare Market Analysis, By Region.
    5.1 North America.
    5.2 Europe.
    5.3 Asia-Pacific.
    5.4 Rest of the World.

6 Competitive Overview.
    6.1 Introduction .
    6.2 New Product Launches .
    6.3 Acquisitions .
    6.4 Agreements, Partnerships, And Collaborations .
    6.5 Expansions .
    6.6 Other Developments.

7 Company Profiles
    7.1 Philips Healthcare
    7.2 Linde Group
    7.3 Healthcare at Home
    7.4 B. Braun
    7.5 Baxter International
    7.6 Roche
    7.7 GE Healthcare
    7.8 Bupa Home Healthcare, Ltd
    7.9 Fresenious SE & Co KGaA
    7.10 Air Liquide

The Global Artificial Voice Box Market has been segmented as below:

By Delivery Methods

  • Artificial Intelligence based
  • Non Artificial Intelligence based

By Technology Type

  • Voice recognition
  • Speech recognition

By Verticals Type

  • Education
  • Automotive
  • Government
  • Consumer
  • Banking
  • Healthcare
  • Enterprise
  • Other

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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The market is expected to grow at a CAGR of 19% during the study period (2022-2027)
The global Artificial Voice Box Market is expected to be around US$ 41.40 Billion by 2027
The segment included in Artificial Voice Box Market is Delivery Methods, Technology, Verticals and region.
Some key players operating in the Artificial Voice Box Market include Nuance Communications, Inc, Microsoft Corporation, Alphabet Inc, Sensory Inc, Cantab Research Limited, Readspeaker Holding B.V, Pareteum Corporation
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