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DATE
JULY 2020
TABLES
66
PAGES
122
EDITION
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PRICE
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Tapping into New Geographical Markets is a Great Way to Grow!
What's Your Addressable Opportunity in the Mobile Speech Recognition Software Market?
COVID-19 IMPACT SURVEY
GLOBAL EXECUTIVE SURVEY
Impact of Pandemic & Economic Slowdown
Monitor Market Dynamics!
Early March 2020, we reached out to senior enterprise executives who are driving strategy, business development, marketing, sales, product management, technology and operations at competitive firms worldwide. Our ongoing survey is focused on how this will this affect their business ecosystems. We invite you to participate in our survey and add to collective perspectives. Market movements are tracked for 2020, 2021 and broadly for the period of 2022 through 2025. Critical changes are monitored dynamically for the rest of this year. Updated analytics will reflect new and evolving market realities. Our first update scheduled for May 2020 and another in the Fall. Clients receive complimentary updates during 2020. If your company is a recent client for this project, we may have already reached out to your colleagues to participate in our program. If you're an active player in the space but hasn't yet subscribed to our project, we invite you to participate and share your perspectives. Please sign-up here.
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| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Mobile Speech Recognition Technology: Delivering the Power of Speech to Mobile Devices |
| Recent Market Activity |
| Speech Recognition Technology: An Indispensable Man-to-Machine Communication Tool in New-Age Mobile Devices |
| Recent Advancements in Mobile Speech Recognition Summarized |
| Nuance Communications |
| Google Now |
| Apple’s Siri |
| Amazon’s Alexa |
| Baidu’s Deep Speech |
| Microsoft Cortana |
| IBM Watson |
| Global Market Outlook |
| Developed Markets to Maintain their Dominance |
| Developing Countries to Drive Global Growth in the Short-to-Medium Term Period |
| China’s Speech Recognition Market: A Tough Nut to Crack for Google? |
| Global Competitor Market Shares |
| Mobile Speech Recognition Software Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| Advanced Voice Recognition Systems, Inc. (USA) |
| Amazon, Inc. (USA) |
| Apple, Inc. (USA) |
| AT&T, Inc. (USA) |
| Baidu, Inc. (China) |
| Cisco Systems, Inc. (USA) |
| Google, Inc. (USA) |
| International Business Machines Corporation (USA) |
| LumenVox LLC (USA) |
| Microsoft Corporation (USA) |
| Nuance Communications, Inc. (USA) |
| Sensory, Inc. (USA) |
| 3. MARKET TRENDS & DRIVERS |
| Growing Prominence of Voice-Based User Interface Technologies in Mobile Devices Drive Strong Market Growth |
| Sophisticated Conversational User Interfaces Set to Replace Graphical User Interface (GUI) |
| Advancements in Processing Power Improves Speech Recognition Efficiency |
| The Steadily Expanding Mobile Ecosystem Globally: An Important Opportunity Indicator |
| Robust Demand for Smartphones Sets the Perfect Platform for Market Growth |
| Despite Decline in Popularity, Feature-Rich and High-End Tablets Sustain Demand for Mobile Speech Recognition |
| Mobile SMS: An Underutilized Feature with Huge Untapped Potential for Mobile Speech Recognition Technology |
| Wearable & Hearable Devices: The Next Frontier to Conquer for Mobile Speech Recognition Technology |
| Speech Recognition Coupled with Hearable Technology to Transform User Experience |
| Emerging IoT to Widen Demand for Mobile Speech Recognition Technology |
| Cloud-Based Speech Technology Solutions Enhance Performance and Improves User Experience |
| Accuracy, Efficiency, and Response Time Benefits Spur Demand for Automated Speech Recognition (ASR) |
| Mobile Speech Recognition Technology to Revolutionize Voice Commerce and Voice Banking |
| Stringent Vehicle Driving Laws Augurs Well for Market Penetration |
| Use of Mobile Phone Navigation Applications Made Easy by Speech Recognition |
| Focus on Employee Productivity & Efficiency to Drive Adoption of Mobile SR in Enterprises |
| Growing Use of Voice Enabled Portals Drive Adoption in Enterprises |
| Speech Recognition Technologies to Drive Next Generation Marketing Campaigns |
| Favorable Trends in the Communications Industry Strengthens Market Prospects |
| Spurt in Internet Usage |
| Move towards Convergence |
| Proliferation of Embedded Devices |
| Rise in Social Networking |
| Substitution of Conventional Phone Services by VoIP |
| Key Factors Hampering Growth Prospects for Mobile Speech Recognition |
| Limited Understanding of Words and Inability to Process Large Vocabulary of Information |
| Low Accuracy due to Ambient Noise |
| Lack of Awareness |
| Need for Improvements in Processor Technology |
| High Cost of Speech Recognition Implementations |
| Noteworthy Trends in a Nutshell |
| Passwords Becoming More Prominent |
| Speech Recognition Integrating Voice Verification |
| Voice Search Gain Popularity |
| 4. GLOBAL MARKET PERSPECTIVE |
| Mobile Speech Recognition Software Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Mobile Speech Recognition Software Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017 |
| Mobile Speech Recognition Software Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| United States |
| Market Facts & Figures |
| United States Mobile Speech Recognition Software Market Estimates and Projections in US$ Thousand: 2018 to 2025 |
| Mobile Speech Recognition Software Market in the United States: A Historic Review in US$ Thousand for 2009-2017 |
| Canada |
| Canadian Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand: 2018 to 2025 |
| Canadian Mobile Speech Recognition Software Historic Market Review in US$ Thousand: 2009-2017 |
| Japan |
| Japanese Market for Mobile Speech Recognition Software: Annual Sales Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Market in Japan: Historic Sales Analysis in US$ Thousand for the Period 2009-2017 |
| China |
| Chinese Mobile Speech Recognition Software Market Growth Prospects in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Historic Market Analysis in China in US$ Thousand: 2009-2017 |
| Europe |
| Market Facts & Figures |
| European Mobile Speech Recognition Software Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025 |
| Mobile Speech Recognition Software Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017 |
| European Mobile Speech Recognition Software Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| France |
| Mobile Speech Recognition Software Market in France: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| French Mobile Speech Recognition Software Historic Market Scenario in US$ Thousand: 2009-2017 |
| Germany |
| Mobile Speech Recognition Software Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand for the Period 2018-2025 |
| German Mobile Speech Recognition Software Historic Market Analysis in US$ Thousand: 2009-2017 |
| Italy |
| Italian Mobile Speech Recognition Software Market Growth Prospects in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Historic Market Analysis in Italy in US$ Thousand: 2009-2017 |
| United Kingdom |
| United Kingdom Market for Mobile Speech Recognition Software: Annual Sales Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Market in the United Kingdom: Historic Sales Analysis in US$ Thousand for the Period 2009-2017 |
| Spain |
| Spanish Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand: 2018 to 2025 |
| Spanish Mobile Speech Recognition Software Historic Market Review in US$ Thousand: 2009-2017 |
| Russia |
| Russian Mobile Speech Recognition Software Market Estimates and Projections in US$ Thousand: 2018 to 2025 |
| Mobile Speech Recognition Software Market in Russia: A Historic Review in US$ Thousand for 2009-2017 |
| Rest of Europe |
| Rest of Europe Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand: 2018-2025 |
| Mobile Speech Recognition Software Market in Rest of Europe in US$ Thousand: A Historic Review for the Period 2009-2017 |
| Asia-Pacific |
| Asia-Pacific Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Mobile Speech Recognition Software Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2009-2017 |
| Asia-Pacific Mobile Speech Recognition Software Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025 |
| Australia |
| Mobile Speech Recognition Software Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand for the Period 2018-2025 |
| Australian Mobile Speech Recognition Software Historic Market Analysis in US$ Thousand: 2009-2017 |
| India |
| Indian Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand: 2018 to 2025 |
| Indian Mobile Speech Recognition Software Historic Market Review in US$ Thousand: 2009-2017 |
| South Korea |
| Mobile Speech Recognition Software Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand for the Period 2018-2025 |
| South Korean Mobile Speech Recognition Software Historic Market Analysis in US$ Thousand: 2009-2017 |
| Rest of Asia-Pacific |
| Rest of Asia-Pacific Market for Mobile Speech Recognition Software: Annual Sales Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand for the Period 2009-2017 |
| Latin America |
| Latin American Mobile Speech Recognition Software Market Trends by Region/Country in US$ Thousand: 2018-2025 |
| Mobile Speech Recognition Software Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2009-2017 |
| Latin American Mobile Speech Recognition Software Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025 |
| Argentina |
| Argentinean Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand: 2018-2025 |
| Mobile Speech Recognition Software Market in Argentina in US$ Thousand: A Historic Review for the Period 2009-2017 |
| Brazil |
| Mobile Speech Recognition Software Market in Brazil: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Brazilian Mobile Speech Recognition Software Historic Market Scenario in US$ Thousand: 2009-2017 |
| Mexico |
| Mobile Speech Recognition Software Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand for the Period 2018-2025 |
| Mexican Mobile Speech Recognition Software Historic Market Analysis in US$ Thousand: 2009-2017 |
| Rest of Latin America |
| Rest of Latin America Mobile Speech Recognition Software Market Estimates and Projections in US$ Thousand: 2018 to 2025 |
| Mobile Speech Recognition Software Market in Rest of Latin America: A Historic Review in US$ Thousand for 2009-2017 |
| Middle East |
| The Middle East Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Mobile Speech Recognition Software Market in the Middle East by Region/Country in US$ Thousand: 2009-2017 |
| The Middle East Mobile Speech Recognition Software Market Share Breakdown by Region/Country: 2009, 2019, and 2025 |
| Iran |
| Iranian Market for Mobile Speech Recognition Software: Annual Sales Estimates and Projections in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Market in Iran: Historic Sales Analysis in US$ Thousand for the Period 2009-2017 |
| Israel |
| Israeli Mobile Speech Recognition Software Market Estimates and Forecasts in US$ Thousand: 2018-2025 |
| Mobile Speech Recognition Software Market in Israel in US$ Thousand: A Historic Review for the Period 2009-2017 |
| Saudi Arabia |
| Saudi Arabian Mobile Speech Recognition Software Market Growth Prospects in US$ Thousand for the Period 2018-2025 |
| Mobile Speech Recognition Software Historic Market Analysis in Saudi Arabia in US$ Thousand: 2009-2017 |
| United Arab Emirates |
| Mobile Speech Recognition Software Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand for the Period 2018-2025 |
| United Arab Emirates Mobile Speech Recognition Software Historic Market Analysis in US$ Thousand: 2009-2017 |
| Rest of Middle East |
| Mobile Speech Recognition Software Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand for the Period 2018-2025 |
| Rest of Middle East Mobile Speech Recognition Software Historic Market Analysis in US$ Thousand: 2009-2017 |
| Africa |
| African Mobile Speech Recognition Software Market Estimates and Projections in US$ Thousand: 2018 to 2025 |
| Mobile Speech Recognition Software Market in Africa: A Historic Review in US$ Thousand for 2009-2017 |
| IV. COMPETITION |
| Total Companies Profiled : 20 Click here to request a full table of contents and more details on this project. |
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