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5 Best Speech and Voice Recognition Brands- Verified Market Research

January 18, 2022
in Analysis
Reading Time: 7 mins read
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5 Best Speech and Voice Recognition Brands- Verified Market Research
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A machine or program’s capacity to accept and interpret dictation or recognize and carry out spoken commands is known as voice or speaker recognition. With the emergence of AI and intelligent assistants like Amazon’s Alexa, Apple’s Siri, and Microsoft’s Cortana, voice recognition has gained popularity and use. Many speech and voice recognition brands are floating in a competitive environment.

Voice recognition systems allow users to engage with technology merely by talking to it, allowing them to make requests, set reminders, and perform other simple activities without having to use their hands. Speech recognition is a technology that allows systems to recognize the sound of spoken words and transform it into machine readable form. It is utilized in a variety of devices such as autos, cellphones, and computers. For speech and audio communications, it uses language units.

What is the importance?

What is the significance of these two technologies? They’re important since you’re most probably viewing it on a device that uses AI speech recognition and AI voice recognition technology. This technology is all around us, and as the decade progresses, it will only grow more common.

Digital personal assistants like Alexa and Google Home, for example, allow humans and machines to communicate verbally. They’re also excellent illustrations of how computers utilize machine learning to improve their understanding of your speech over time. However, voice recognition technology, which is enabled through signal processing, is essential.

Screen readers and text-to-speech recognition devices are used by many persons with visual impairments. For the hearing-impaired, translating audio to text can be a crucial way to communicate.

Speech recognition technology has become a part of our daily life, although it is still restricted to simple instructions for the time being. Researchers will be able to construct more advanced technologies that interpret conversational speech as technology develops.

 One day, you’ll be able to converse with your computer in the same way that you would with a human, and it will respond with sensible solutions. Signal processing technology will make all of this possible.

5 best speech and voice recognition brands merging Artificial Intelligence into language

Many notable factors are affecting the growth of the market. According to Global Speech and Voice Recognition Brands’ Market Report, the market was worth USD 8.83 Billion in 2019. Furthermore, this market will be standing at USD 33.62 Billion by 2027.

The spike in the forecasted period is equal to CAGR of 19.63% from 2020 to 2027. To know more facts download its sample report.

Nuance logoNuance
Nuance Nuance, based in Burlington, Massachusetts, is a global computer software technology company that sells voice recognition and artificial intelligence software. It was established in 1992. Mark Benjamin is the company’s CEO and Chairman.

Nuance is a world class leader in technological engineering. Evolution of technology and innovation is splendidly done by this company. It has collaborated with various major players of the industry for providing cutting edge solutions. The company’s actions are gradually aligned with the objective of strategic, long-term value generation. Policies, programs and people all work together to improve efficiency and reduce environmental, financial, and sociological impact.

Amazon logoAmazon
Amazon is a global technology business that specializes in e-commerce, cloud computing, digital streaming, and AI. It has its headquarters in Washington, D.C. On July 5, 1994, Jeff Bezos launched the corporation.

Amazon is one of the renowned speech and voice recognition brands. The company strives to be the most advanced customer centric company with a team of best experts in the world. From achieving long term goals to offering trendy and reliable products and services to customers, Amazon has earned a great market position which is now unshakable.

sensory logoSensory
Sensory is a software AI firm based in the United States that creates technology for voice, sound, and vision. Its headquarters are in Santa Clara, California. Sensory’s technology have been used in the production of billions of items. Forrest S. Mozer founded the company in 1994.

Sensory was the first company to use neural networks for embedded voice recognition in consumer products. Its technology codebase is well-engineered, having been developed over a thousand people-years. For its exceptional service and quality, Sensory is known as one of the leading speech and voice recognition brands.

speechmatics logoSpeechmatics
Speechmatics is a Cambridge, England-based technology firm that creates automatic speech recognition software using recurrent neural networks and statistical language processing. It was established in 2006.

Speechmatics is again one of the leading speech and voice recognition brands elevating advance technologies. In many languages, the company is always pushing the limits of automatic speech recognition accuracy. Its speech recognition technology remains to be embraced by some of the world’s foremost blue-chip corporations due to advancements in efficiency and translations.

iflytek logoiFlytek
iFlytek is a Chinese information technology firm founded in 1999 that is partially controlled by the Chinese government. In China, the company’s headquarters are located. It is an Asia-Pacific publicly traded firm that focuses in intelligent speech and artificial intelligence.

iFlytek has a motive of empowering the world with artificial intelligence. The brand has strong a world-leading position in voice and languages, natural language comprehension, machine learning, machine reasoning, and adaptive learning since its inception. It is now one of the top speech and voice recognition brands in the world.

Recording future

In the automotive industry, there is a growing demand for voice recognition. The functionality of connected devices in the car is improved by technological developments in speech and voice solutions like voice dialing or voice biometric. In the automobile, speech recognition is implemented for remote control and routing.

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