All items tagged with voice recognition and market forecasts (9)

Always-Listening Voice Adoption Boosted by New Technology

August 9, 2021 by audioXpress Staff

Always-Listening Voice Adoption Boosted by New Technology

Market awareness on the robustness of always-on voice-triggering grew slowly due to consumer mistrust and privacy concerns, according to SAR Insight & Consulting, which also correlates the fact that the availability of very-low-power platforms had been limited. According to a new SAR study, new technology will help drive the market growth of always-listening voice devices, helping to overcome initial consumer wariness.

Voice-Controlled Portable Speakers to Reach 27 Million Shipments in 2025

June 19, 2020 by audioXpress Staff

Voice-Controlled Portable Speakers to Reach 27 Million Shipments in 2025

Voice-controlled portable speakers are enjoying a moment in the sun, with almost 27 million units expected to ship in 2025, according to the latest research conducted by SAR Insight & Consulting. In its latest in-depth report, ‘Portable Speakers: market growth, technology trends, forecasts and competitive analysis,’ the market research and analysis firm looks closely at the technology trends and consumer behavior that will foster growth in the specific segment.

Number of Voice Assistant Devices in Use to Reach 8.4 Billion

April 29, 2020 by audioXpress Staff

Number of Voice Assistant Devices in Use to Reach 8.4 Billion

A new report from Juniper Research has found that consumers will interact with voice assistants on over 8.4 billion devices by 2024; overtaking the world’s population and growing 113% compared to the 4.2 billion voice control devices expected to be in use by year end 2020. The value chain for voice assistants and interfaces is rapidly expanding to include more and more players, and device OEMs (from smartphones, speakers and wearables to cars and fridges), system integrators, apps developers and cloud providers are all escalating efforts to provide personalized voice solutions.

MEMS Microphones and Speakers Forecasted to Become a $20 Billion USD Industry in 2024

December 6, 2019 by audioXpress Staff

MEMS Microphones and Speakers Forecasted to Become a $20 Billion USD Industry in 2024

French market research firm Yole Développement just published its 2019 report on Microphones, Microspeakers, and Audio Solutions – Market and Technology Trends. The new report characterizes the main drivers behind the exponential growth in MEMS microphone applications and emerging MEMS speaker technologies, growth opportunities such as voice at the heart of new audio system applications, or the impact of Artificial Intelligence (AI) in the audio value chain.

Smart Speaker Market to Reach 92 Million Units Shipped in 2019

September 18, 2019 by audioXpress Staff

Smart Speaker Market to Reach 92 Million Units Shipped in 2019

The smart speaker market will grow by 35% this year, according to SAR Insight & Consulting’s Latest Digital Assistant Platform Forecast DATAbase, with shipments reaching 92 million. Amazon remains the market leader, but its smart speaker market share has declined and now represents approximately a third (33%) of the total volume anticipated in 2019. Total voice software unit shipments are expected to increase significantly to 2024.

Voice Algorithm Software Ecosystem Expected to Increase Significantly

May 14, 2019 by audioXpress Staff

Voice Algorithm Software Ecosystem Expected to Increase Significantly

The massive growth in the voice assistant market has created a vibrant ecosystem and significant opportunities for hardware and software developers. Total voice software unit shipments are expected to increase significantly to 2024, according to SAR Insight & Consulting. The firm latest report forecasts a larger increase in voice software, especially within home devices such as smart speakers, soundbars, smart TVs and smart appliances.

20 Million Vehicles Shipping in 2023 will Come Equipped with Voice Assistants

April 10, 2019 by audioXpress Staff

20 Million Vehicles Shipping in 2023 will Come Equipped with Voice Assistants

As voice control continues to gain popularity in the home, consumers are increasingly hoping to use Amazon Alexa, Google Assistant, or Apple Siri in the vehicle too. An increasing number of OEMs are now poised to give into popular consumer demands and integrate Amazon Alexa and Google Assistant in-vehicle, despite concerns over data and OEM-branding. According to ABI Research, 20 million vehicles shipping in 2023 are expected to enable one or more of these assistants, without consumers requiring a handset to use the digital assistant.

Sound Detection and Recognition Market Expected to Grow at a CAGR of >100% from 2018 to 2023

September 3, 2018 by audioXpress Staff

Sound Detection and Recognition Market Expected to Grow at a CAGR of >100% from 2018 to 2023

The sound recognition market is the next growth area for software companies, semiconductor vendors, and those players that are currently dominating the voice recognition market, according to tech analysts SAR Insight & Consulting. After voice recognition become one of the greatest technological achievements in recent years, the market is ripe to leverage many of the same technologies and platforms, this time for smart devices being able to monitor sounds other than human voices, as the tech research firm states.

Home Audio Speaker Market Continues to See Significant Growth

December 20, 2017 by audioXpress Staff

Home Audio Speaker Market Continues to See Significant Growth

2.2 billion digital assistant-enabled devices will ship in 2017, growing to 3.6 billion in 2022, says SAR Insight & Consulting in its latest research, "Digital Assistant Platforms; Use Cases, Technologies, Market Sectors & Competitive Analysis." According to the market research firm, home audio speakers will continue to lead the way, as voice recognition improves, with significant growth opportunities in smartphones, headphones, appliances, automotive, and the enterprise.