Voice Recognition Market: Global Industry Trends and COVID-19 Impact Analysis
Matt Easterlin01 Aug, 2023News
The voice recognition market was valued at USD 4.18 billion in 2022 and is likely to grow at a CAGR of 15.12% during 2023-2028 to reach USD 9.79 billion in 2028. What is voice recognition? Voice recognition technology allows voice and speech identification including the frequency, pitch, and accent of any speaker. It is used to identify, distinguish, or authenticate a particular speaker?s voice. Many companies are already using this tool for different purposes. Hands-free callings, voice biometrics for user verification, etc. are a few applications where this technology is being used widely.
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