All items tagged with voice recognition and market trends (8)

US Smart Speaker Market is Stalling, New Voicebot Market Report Finds

March 3, 2022 by audioXpress Staff

US Smart Speaker Market is Stalling, New Voicebot Market Report Finds

According to Voicebot Research, smart speakers's use at home is stalling, at least in the most mature market, which is the US. According to the company's latest "Smart Speaker Consumer Adoption Report 2022," the US reveals a new trend on how the market is evolving. Following a fast rise to prominence in 2016, and peak adoption in 2019, momentum shifted to what Brett Kinsella, the founder and CEO of Voicebot.ai and Voicebot Research, characterizes as "The Great Stall".

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.

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.

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.

There's Growth to Come! Audio Collaborative 2018 Key Takes

November 15, 2018 by Joao Martins

There's Growth to Come! Audio Collaborative 2018 Key Takes

Once again, and for the fifth consecutive year, market research firm Futuresource Consulting promoted its highly successful Audio Collaborative conference dedicated to latest audio industry trends. Combining the latest market research intelligence, this is a unique opportunity to share the latest insightful industry trends among key industry influencers and discuss how services, hardware, and content is shaping the future of the audio landscape.

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.

SAR Insight & Consulting Publishes The Voice Algorithm Software Ecosystem Market Report

April 28, 2017 by audioXpress Staff

SAR Insight & Consulting Publishes The Voice Algorithm Software Ecosystem Market Report

According to the latest report from SAR Insight & Consulting, strong growth is expected for all voice software, driven by its inclusion in increasing numbers of voice-enabled devices and by the increased use of digital assistants. “SAR has repeatedly discussed the scale and opportunity of the voice tech market,” says Peter Cooney, principal analyst at SAR. “Voice will be the main interface technology for many devices and the opportunities for hardware and software vendors will be huge.”