Nuance Communications, Inc. and Microsoft Are Dominating the Market for Global Speech and Voice Recognition Market in 2017

Global Speech and Voice Recognition Market is expected to reach USD 6,770.21 Million by 2025 from USD 1,095.00 Million in 2017, at a CAGR of 25.7% in the forecast period 2018 to 2025 in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Speech recognition software market has the largest market segment in speech an voice recognition market.

Access Full Report: https://www.databridgemarketresearch.com/ko/reports/global-speech-voice-recognition-market

The global speech and voice recognition market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Nuance Communications, Inc. dominates speech and voice recognition market, accounting for the highest market share in 2017, followed by Microsoft and IFLYTEK CO. LTD. Other players in this market include HOYA Corporation, Raytheon, Advanced Voice Recognition Systems, Inc., Pareteum, Sensory, Inc., VoiceVault Inc., LumenVox, LLC., Acapela Group SA, VocalZoom, BioTrust, Uniphore, Voicebox Technologies Corporation and Cantab Research Limited among others holds 24.2% of the global speech and voice recognition in 2017.

Nuance Communications, Inc.:

Founded in 1992 and headquartered in Burlington, U.S. Nuance Communications, Inc. is engaged in providing voice recognition and natural language understanding solutions. The company operates through four segments namely healthcare, mobile, enterprise and imaging. The voice and speech recognition related products lie in healthcare sector and mobile application. The healthcare sector offers documentation process with the help of artificial intelligence, cloud application and other related solutions. In mobile application segment the services are provided in the form of applications such as, voice recognition, and text-to-speech and among others.

Recent Developments:

In March, 2017, Nuance Communications, Inc. unveiled the latest version of Dragon Software for better accuracy, and timely detailed information.

In October, 2017, Nuance Communications, Inc. has been ranked 1St for the end-to-end healthcare coding, clinical documentation improvement (CDI), transcription and speech recognition technology in black book.

In September, Nuance Communications, Inc. announced that clinical speech recognition through the Nuance Dragon Medical One cloud platform will be supported by Imprivata Cortext, for the secured communications platform.

Microsoft :

Founded in 1975 and headquartered in Washington, United States. Microsoft is the global leader in providing and also developing software products, services, and devices globally. The company’s operates through various segments Office, Exchange, SharePoint, Skype, and Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions. Microsoft Cloud segment licenses server includes products such as Microsoft SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform..

IFLYTEK CO. LTD.:

Founded in 1999 and headquartered in Hefei City, China. IFLYTEK CO. LTD. is engaged in developing and providing the software and chip products, information technology (IT) service. The company operates across various segments namely speech engine, education product, mobile application, interactive music among others. The voice and speech recognition lie under speech engine and mobile application. The company’s’ software and solution are widely applicable in enormous industries such as, telecommunication, bank, electricity, social security, agriculture, securities, insurance, post and other industries.

CHOOSE LICENCE TYPE

Enterprise User 7000
Single User 4800
DBMR Factbook 3000
DBMR Prime 8000
DBMR Supreme 12000

Buy Now

Advance Formative Research Customization Request for bulk Reports

Latest Press Release

Growth in Offshore Oil and Gas Activities is driving the Growth of the U.S Ship Repair and Maintenance Services Market

Rising Prevalence of Genetic Disorders is Driving the Growth of the Global Multiple Hereditary Exostosis Market

Growing Industrialization Fuels Lubricant Usage in Machinery and Equipment is Expected to Drive the Growth for the U.S. Lubricants Market

Rising Demand for Quality Control is Driving the Growth of the Global Industrial Metrology Market

Increasing Prevalence Of Hepatitis B Infections Drives the Growth of Global Hepatitis B Treatment Market

VIEW ALL

Client Testimonials

David Manning - Thermo Fisher Scientific

Director, Global Strategic Accounts,

Dear Ricky,
I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice. Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough. Your work is much appreciated.

Manager - Market Analytics,

Uriah D. Avila - Zeus Polymer Solutions

Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.

Business Development Manager,

(Pharmaceuticals Partner for Nasal Sprays) | Renaissance Lakewood LLC

DBMR was attentive and engaged while discussing the Global Nasal Spray Market. They understood what we were looking for and was able to provide some examples from the report as requested. DBMR Service team has been responsive as needed. Depending on what my colleagues were looking for, I will recommend your services and would be happy to stay connected in case we can utilize your research in the future.

Business Intelligence and Analytics,

Ipsen Biopharm Limited

We are impressed by the CENTRAL PRECOCIOUS PUBERTY (CPP) TREATMENT report - so a BIG thanks to you colleagues.

Competition Analyst,

Basler Web

I just wanted to share a quick note and let you know that you guys did a really good job. I’m glad I decided to work with you. I shall continue being associated with your company as long as we have market intelligence needs.

Marketing Director,

Buhler Group

It was indeed a good experience, would definitely recommend and come back for future prospects.

COO,

A global leader providing Drug Delivery Services

DBMR did an outstanding job on the Global Drug Delivery project, We were extremely impressed by the simple but comprehensive presentation of the study and the quality of work done. This report really helped us to access untapped opportunities across the globe.

Marketing Director,

Philips Healthcare

The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.

Product manager,

Fujifilms

Thankful to the team for the amazing coordination, and helping me at the last moment with my presentation. It was indeed a comprehensive report that gave us revenue impacting solution enabling us to plan the right move.

Investor relations,

GE Healthcare

Thank you for the report, and addressing our needs in such short time. DBMR has outdone themselves in this project with such short timeframe.

Market Analyst,

Medincell

We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.

Andrew - Senior Global Marketing Manager,

Medtronic (US)

I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.

Amarildo - Manager, Global Strategic Alignment

MasterCard

We believe the work done by Data Bridge Team for our requirements in the North America Loyalty Management Market was fantastic and would love to continue working with your team moving forward.

Tor Hammer

Green Nexus LLc

Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects

Tommaso Finocchiaro

Market Intelligence Specialist Nippon Gasses

I acknowledge the difficulty given by the very short warning for this report, and I think that its quality and your delivering time have been very satisfying. Obviously, as a provider Data Bridge Market Research will be considered as a plus for future needs of Nippon Gases.

Yuki Kopyl (Asian Business Development Department)

UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)

Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future

Press Release