U.S. Voice Recognition Market Share, Revenue, Drivers, Trends And Influence Factors Historical & Forecast Till 2025

1. U.S. Voice Recognition Market 2025 Global Industry Trends, Growth, Share, Size And Upcoming Challenges “U.S. Voice Recognition Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast” The U.S. voice recognition market size is projected to touch 733.3 million units by 2025 as per a new report published by Million Insights. The market is estimated to expand over 16% of CAGR from 2019 to 2025. The increasing demand for self-service features in BFSI sector is triggering the demand for voice-based applications, which, in turn, driving voice recognition market growth. Further, the rising number of mobile banking users doing banking transactions is also augmenting the market growth. Voice-based applications offer enhanced security. The increasing number of frauds in the BFSI sector across the U.S is also encouraging service providers and users to adapt to voice recognition technologies. Growing focus on automobile safety has led to a ban on the use of cell phones across the globe. It is predicted that almost half of the cars are expected to have voice recognition systems by 2020. These in-car voice recognition systems will assists users while calling or changing music. The U.S with the highest number of cars anywhere in the world is projected to witness this trend. This factor is anticipated to bode well for the U.S. voice recognition market growth from 2019 to 2025. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/us-voice-recognition-market/request-sample Voice commands assist drivers to concentrate on the road even when accessing various apparitions while driving. Speech entries help drivers in following the route correctly while concentrating on the road. On the other hand, manual entry of data can affect security. With safety concern gaining traction among car manufacturers and users, the demand for voice-based technologies are estimated to increase over the next few years. Further key findings from the report suggest:

2. • The automotive category held a considerable share in the market in 2028 owing to increasing in-car infotainment popularity. • The banking & finance system is anticipated to register the highest CAGR over the forecast period as voice- based recognition offer enhanced security. • Owing to the growing application of voice-based recognition in consumer electronic devices, this segment is likely to register the significant growth rate over the forecast duration. • Key players operating in the market are Amazon.com, Inc., Baidu Inc., Apple Inc. and Google LLC among others. With the growing use of IoT in residential, commercial and industrial applications across the U.S, there has been a significant rise in the number of consumers using connected devices. This has resulted in the integration of various connected devices with voice recognition technique, thereby, supplementing the growth of the market. Voice recognition is rapidly adopted in various consumers’ devices such as laptop, smartphone and IoT- enabled equipment. Major market players in the U.S are emphasizing on offering services including voice- based intelligent personal assistant software and application. The growing trend of smart home automation is the other factor projected to drive market growth. Such homes use voice commands to control room temperature, lights and doors, thereby, attributing to the growth of the market. Growing technology adoption and use of voice-based biometric systems to access core credentials are augmenting the market growth. Further, consumers prefer voice-based biometrics to other conventional authentication methods, which, in turn, is proliferating the growth of the market. Vertical Insights On the basis of vertical, the U.S. voice recognition market is categorized into legal, automotive, BFSI, education, consumer, healthcare, retail, military and others. Among them, consumer category held the largest share in the market in 2018. The increasing technology application in home security and different connected devices across the U.S are anticipated to augment market growth. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/us-voice-recognition-market Table Of Contents 1U.S. Voice Recognition Overview 2Global U.S. Voice Recognition Application Estimates & Trend Analysis 3Global U.S. Voice Recognition Size and Growth Prospects 4Global U.S. Voice Recognition Analysis by Region

3. 5Global U.S. Voice Recognition Analysis by Type 6Global U.S. Voice Recognition Analysis by Application 7Global U.S. Voice Recognition Manufacturers Analysis 8Global U.S. Voice Recognition Technology and Development Trends See More Reports Of This Category By Million Insights @ https://www.millioninsights.com/industry/computing-and-technology Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184