Know How Speech and Voice Recognition Market Is Thriving Worldwide? Evolving Opportunities with Google, Nuance Communications, Microsoft, Hoya, Apple, and Others
The major factors driving the growth of this market are the effective integration due to increased demand for voice and speech-based biometric systems, increasing demand for voice authentication in mobile applications and use of artificial intelligence (AI) on the accuracy of speech and voice recognition. On the other hand, disadvantages related to speech and voice recognition systems may hinder the growth of the market.
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