Speech Recognition Market Analysis in United States, EU, China, India, Japan and Southeast Asia Exhibit High Growth through 2020
The Speech recognition market is expected to grow from $440.3 million in 2015 to reach $1.99 Billion by 2022, at a CAGR of 23.66% between 2016 and 2022 driven by factors such as the increasing acceptance of biometric technologies like voice verification for remote authentication applications.