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Global Voice Controlled Devices Market 2016-2020 - Voice Recognition Software Turning into Personal Digital Assistants - Research and MarketsResearch and Markets has announced the addition of the "Global Voice Controlled Devices Market 2016-2020" report to their offering. The report forecasts the global voice-controlled devices market to grow at a CAGR of 7.84% during the period 2016-2020. Google (News - Alert) Now is more than just a voice-based search engine. It not only provides useful information upon request but also learns user behavior over time. It is more of a personal digital assistant that displays information that will interest the user in the form of Now Cards (in Android (News - Alert) devices). According to the report, all existing voice recognition systems make use of cloud servers to understand the user better. For instance, if we ask a smartphone or smartwatch for nearby restaurants, a cloud server will return results and track whether you click on one of the results. This helps the service provider better understand if the provided results were accurate or not. Similarly, millions of such voice searches are processed using cloud servers, and the data from them is analyzed and processed in order to improve search results. Further, the report states that need for constant connectivity is a major challenge hindering the growth of the market. Key vendors:
Key Topics Covered: PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Market landscape PART 06: Buying behavior PART 07: Market segmentation by application PART 08: Geographical segmentation PART 09: Market drivers PART 10: Impact of drivers PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Market trends PART 14: Vendor landscape For more information visit http://www.researchandmarkets.com/research/4cms74/global_voice View source version on businesswire.com: http://www.businesswire.com/news/home/20160520005755/en/ |