Voice and Speech Recognition Software Market Will Register A CAGR of 17.5%

June 21, 2019: The global voice and speech recognition software market size is anticipated to reach USD 31.82 billion by 2025 and it is anticipated to register a CAGR of 17.5% during the forecast period. The market is anticipated to witness an upsurge in the adoption of voice activated systems, voice-enabled devices, and voice-enabled virtual assistant systems owing to the rising application in the banking and automobile sectors. The escalating need to counter fraudulent activities and to enhance security in the banking sector is projected to boost the adoption of voice biometrics for user authentication.

Automobile sector is expected to gain momentum owing to advancements in technology and emergence of innovative concepts such as autonomous and connected cars. Integration of voice-activated software in future cars is anticipated to drive demand for technologies such as noise abatement for selectively ignoring driving and passenger noises for providing an error-free and seamless experience to the operator.

Voice recognition is also a core technology widely used in healthcare sector to enhance the Electronic Health Record (EHR) systems by providing an ease to the doctor to speak and keep the records instead of manual typing or writing. In 2018, the healthcare vertical held the largest market share and is expected to grow significantly over the forecast period.

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Artificial Intelligence (AI)-based voice and speech recognition software is expected to expand at a high CAGR owing to the continuous development of machine learning techniques and integration of connected devices with personal assistants. For instance, Dragon Drive is a personal assistant developed by Nuance Communication Inc. that integrates various household appliances, cars, and smartphones that can be connected to a hub through the internet. Thus, an individual can get alerts about daily chores, work schedules, traffic updates, and many more alerts through the Dragon Drive.

However, the lack of accuracy of these technologies in recognizing the regional accents and dialects is expected to limit the growth of the voice and speech recognition software market. Additionally, sentiment analysis using the changes in the pitch of the voice is anticipated to provide growth opportunity to the market in the forthcoming years.

Further key findings from the report suggest:

• Rising trend in development of artificial intelligence-based system is expected to be the key factor driving the market over the forecast period. Leveraging deep learning algorithm in voice and speech solutions for better search results is expected to be the key growth driver for AI-based technology segment

• Deployment of speech recognition solutions in consumer and retail verticals is anticipated to lead to the high market growth, attributed to the changing lifestyle in several countries including U.S., Germany, and U.K. Growing adoption of smart electronics in India, China, Japan, and Brazil is also likely to drive growth in consumer vertical

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• North America led the market, in terms of revenue, representing over 36% of the total market share in 2018. Additionally, North America and Asia Pacific are anticipated to witness a considerable growth owing to the presence of several U.S.- and China-based players, such as Apple, Inc.; Facebook, Inc.; Baidu, Inc.; Amazon.com, Inc.; and Alphabet, Inc.; working toward the development of this technology

• Key companies operating in the voice and speech recognition software market include Advanced Voice Recognition Systems, Inc.; Agnitio S.L.; Amazon.com, Inc.; Api.ai; Apple, Inc.; Anhui USTC iFlytek o., Ltd.; Baidu, Inc.; BioTrust ID B.V.; CastleOS Software, LLC; Facebook, Inc.; Google, Inc.; International Business Machines Corporation; JStar; LumenVox LLC; M2SYSLLC; Microsoft Corporation; MModal, Inc.; Nortek Holdings, Inc.; Nuance Communications, Inc.; Raytheon Company; SemVox GmbH; Sensory, Inc.; ValidSoft UK Limited; VoiceBox Technologies Corporation; and VoiceVault, Inc. These players focus on integrating the artificial intelligence technology, to build superior products that would increase their user customer base.

Gesture Recognition Market Will Grow Due To Increasing Digitization Across Various Industries

May 20, 2019: The global gesture recognition market size is likely to reach USD 30.6 billion by 2025. It is poised to post a CAGR of 22.2% from 2018 to 2025, according to a new report by Grand View Research, Inc. Increasing digitization across various industries is benefiting the growth of the market. Ease of adoption due to low technical complexity for end users is escalating its implementation across the consumer electronics industry. Several other industries have also started using this technology. Similarly, the touchless gesture recognition market is primarily driven by factors such as rising hygiene consciousness, government measures for water conservation, low maintenance cost, and booming hospitality and tourism industry.

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Surging use of consumer electronics and Internet of Things, along with increasing need for comfort and convenience in product usage, is boosting the growth of the gesture recognition market. Technological advancements and ease of use are helping the market gain momentum over the coming years. Increasing awareness regarding regulations and driver safety are bolstering the demand for gesture recognition systems in the automobile industry. Similarly, spiraling customer demand for application-based technologies is stimulating market growth.

Gestures are visible body actions through which human express information to others without saying it. In our daily lives, we see several hand gestures that are frequently used for communication purposes. Hand gesture recognition is one of the advanced research fields, which provides a way for human-machine interaction. Hand gesture recognition provides an intelligent method for human-computer interaction (HCI).

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The market is volatile and is experiencing a fierce competition, therefore, witnessing high number of mergers and acquisitions. For instance, Intel Corp. acquired Omek Interactive Ltd. Some of the key players in the market are Apple, Intel, Microsoft, and Google. Along with global giants, local and regional players are also showing tremendous growth and attracting big investors. This scenario has taken the competition to a whole different level.

Further key findings from the report suggest:

• Increasing digitization across various industries and ease of adoption due to low technical complexity for end users are poised to propel the market

• The healthcare segment is projected to experience substantial CAGR of 27.0% over the forecast period

• Asia Pacific was the highest revenue contributor in 2017. It is expected to witness significant growth over the forecast period

• The key players of the market include Apple Inc.; eyeSight Technologies Ltd; and Infineon Technologies AG.

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About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

Command And Control Systems Market Will Grow Due To The Increasing Military Budgets

May 17, 2019: The global command and control systems market size is anticipated to reach USD 25.04 billion by 2025, registering a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing military budgets of Asian countries, such as China and India, rising influence of terror groups in Iraq, Syria, and Palestine, and technological advancements in defense industry are anticipated to fuel the Command and Control (C2) demand.

Geopolitical conflicts in Asian countries, such as India, China, and Pakistan coupled with multinational military practices performed by the armed forces in Middle East are expected to fuel the demand for C2 systems as they enhance efficiencies of military operations. Command and control systems offer technological advantages, such as real-time information sharing and situational awareness, which enhance operational competences of military operations. Moreover, extensive adoption of C2 systems to effectively manage mission-critical situations in the commercial sector as well as manufacturing, transportation, and other industries is predicted to drive the market over the forecast period.

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The maritime segment is estimated to witness the highest growth over the forecast period. Growing investments in naval development across the world along with increasing global trade activities and usage of cargo ships in maritime trade are contributing to the segment growth. Technological advancements offer benefits such as higher efficiency in battlefield operations, situational awareness and effective planning and decision making in mission-critical situations.

Some of the major vendors active in the Command and Control (C2) systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company. Vendors operating in the market are poised to witness a rise in the demand owing to increasing technological advancements.

Further key findings from the study suggest:

• Maritime is predicted to register the fastest CAGR of 5.5% over the forecast period owing to the increasing marine trade, need for safety and security of the shipping operations and growing investments in naval forces by the developed countries

• The land segment is anticipated to hold the largest market share throughout the forecast period due to the increasing adoption of the C2 systems in land-based military operations

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• Asia Pacific is anticipated to be the fastest growing regional market, on account of the growing geopolitical conflicts and military expenditures on the next generation of communication activities

• Some of the prominent players operating in the command and control systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.

About Radiant Insights, Inc
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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Radiant Insights, Inc
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Email: sales@radiantinsights.com
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Passenger Rail Connectivity Market History Development Overview Report

May 16, 2019: Passenger Rail Connectivity Report by Material, Application, and Geography – Global Forecast to 2023 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).

The report firstly introduced the Passenger Rail Connectivity basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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The report includes six parts, dealing with:

1.) Basic Information;
2.) Asia Passenger Rail Connectivity Market;
3.) North American Passenger Rail Connectivity Market;
4.) European Passenger Rail Connectivity Market;
5.) Market Entry and Investment Feasibility;
6.) Report Conclusion.

Table of Contents

Part I Passenger Rail Connectivity Industry Overview

Chapter One Passenger Rail Connectivity Industry Overview
1.1 Passenger Rail Connectivity Definition
1.2 Passenger Rail Connectivity Classification Analysis
1.2.1 Passenger Rail Connectivity Main Classification Analysis
1.2.2 Passenger Rail Connectivity Main Classification Share Analysis
1.3 Passenger Rail Connectivity Application Analysis
1.3.1 Passenger Rail Connectivity Main Application Analysis
1.3.2 Passenger Rail Connectivity Main Application Share Analysis
1.4 Passenger Rail Connectivity Industry Chain Structure Analysis
1.5 Passenger Rail Connectivity Industry Development Overview
1.5.1 Passenger Rail Connectivity Product History Development Overview
1.5.1 Passenger Rail Connectivity Product Market Development Overview
1.6 Passenger Rail Connectivity Global Market Comparison Analysis
1.6.1 Passenger Rail Connectivity Global Import Market Analysis
1.6.2 Passenger Rail Connectivity Global Export Market Analysis
1.6.3 Passenger Rail Connectivity Global Main Region Market Analysis
1.6.4 Passenger Rail Connectivity Global Market Comparison Analysis
1.6.5 Passenger Rail Connectivity Global Market Development Trend Analysis

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Chapter Two Passenger Rail Connectivity Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis 
2.1.1 Proportion of Manufacturing Cost 
2.1.2 Manufacturing Cost Structure of Passenger Rail Connectivity Analysis
2.2 Down Stream Market Analysis
2.2.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analysis

Part II Asia Passenger Rail Connectivity Industry (The Report Company Including the Below Listed But Not All)

Chapter Three Asia Passenger Rail Connectivity Market Analysis
3.1 Asia Passenger Rail Connectivity Product Development History
3.2 Asia Passenger Rail Connectivity Competitive Landscape Analysis
3.3 Asia Passenger Rail Connectivity Market Development Trend

Chapter Four 2014-2019 Asia Passenger Rail Connectivity Productions Supply Sales Demand Market Status and Forecast
4.1 2014-2019 Passenger Rail Connectivity Production Market Overview
4.2 2014-2019 Passenger Rail Connectivity Production Market Share Analysis
4.3 2014-2019 Passenger Rail Connectivity Demand Overview
4.4 2014-2019 Passenger Rail Connectivity Supply Demand and Shortage
4.5 2014-2019 Passenger Rail Connectivity Import Export Consumption
4.6 2014-2019 Passenger Rail Connectivity Cost Price Production Value Gross Margin

Application Container Market Is Growing Due To The Requirement Of Fewer Operating Systems And Minimum Space

May 15, 2019: The global application container market size is expected to reach USD 8.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a 26.5% CAGR during the forecast period. Application containerization is used to deploy and run applications without launching separate Virtual Machines (VMs). VMs and containers have similar resource allocation and isolation advantages; however, containers help virtualize the Operating System (OS) in place of hardware. These solutions are more portable and efficient as compared to VMs owing to the requirement of fewer operating systems and minimum space.

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The application container market has also been gaining prominence as a result of increasing adoption of containerization technology, particularly in retail, healthcare, banking and finance, and telecommunication sectors. The banking, financial services, and insurance (BFSI) sector is one of the early adopters of this technology, which offers benefits such as administration ease and cost-effectiveness.

The Docker datacenter is implemented in the banking sector as it provides benefits such as platform portability, higher security and smooth workflow of data, and efficient usage of infrastructure. The BFSI sector has adopted the Docker platform due to the challenging environment of digital disruption, wherein the use of application containers enables improvements in software delivery capabilities.

The report “Application Container Market” is available now at  https://www.radiantinsights.com/research/application-container-market 

Further key findings from the report suggest:

• The on-premise deployment segment is expected to exhibit a CAGR of around 25.0% over the forecast period

• The large enterprises segment dominated the market by organization size in 2018, a trend that is expected to continue through 2025

• By platform, the Docker segment was estimated at a value of over USD 700.0 million in 2018

• On the basis of service, the monitoring and security segment is projected to account for over 30.0% of the overall market revenue by 2025, which can be credited to the containers’ ability to prevent system breakdown by proactively identifying errors

• North America accounted for the largest revenue share in 2018 and is projected to remain the dominant region over the forecast period, which is primarily attributed to high degree implementation of cloud technologies by vendors in the region

• Prominent players in the application container market include Amazon Web Services, Inc.; Cisco Systems, Inc.; Google, Inc.; International Business Machines Corporation (IBM); and Red Hat, Inc.

About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

Contact Details:

Michelle Thoras 
Corporate Sales Specialist, USA
Radiant Insights, Inc
Address: 201 Spear St #1100, Suite #3036
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com 

Enterprise Streaming Media Market Is Expanding At A CAGR Of 17.8% From 2018 To 2025

May 14, 2019: The global enterprise streaming media market size is expected to reach USD 57.57 billion by 2025, expanding at a CAGR of 17.8% from 2018 to 2025, according to a new study conducted by Grand View Research, Inc. Increase in internet penetration has enabled multi-national companies (MNCs) to adopt streaming media solutions as an effective alternative tool for conducting meetings, conferences, product presentations, client interactions, and other corporate communication. Thus, facilitating content delivery with a customized and interactive approach.

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Companies across varied verticals are focusing on deploying advanced enterprise streaming media solutions to communicate and deliver content to geographically dispersed workforce and strategic business units. The solutions enable companies to reduce communication costs and improve the quality of presentation and interaction. It also enables companies to develop and deliver customized training modules for their employees. Human resource teams of companies are using webcasting to offer training programs and skill development courses to employees.

Most companies are deploying enterprise streaming media solutions to improve their service delivery models and to effectively compete in the rapidly evolving business environment. Government agencies and educational institutions are also using enterprise streaming media to deliver online learning courses to students located in remote locations that lack conventional classroom-based infrastructure.

For instance, the Government of India launched SWAYAM, a free online education platform in July 2017. The platform was developed by the All India Council for Technical Education (AICTE) and the Ministry of Human Resource Development (MHRD) with the assistance of Microsoft Corporation. SWAYAM is capable of hosting approximately 80,000 hours of learning and 2,000 courses that include postgraduate, school, undergraduate, law, engineering, and other professional courses.

Browse the Full Global Enterprise Streaming Media Market- Global Scenario, Industry Outlook, Analysis, Size, Trends and Forecast, 2019 To 2025 Report at – https://www.radiantinsights.com/research/enterprise-streaming-media-market

Further key findings from the study suggest:

• The video conferencing segment is anticipated to be the fastest-growing segment over the forecast period, owing to increasing focus of companies on deploying high-end devices to offer an immersive experience to users

• The corporate communications segment is expected to gain traction owing to increase in mobile workforce due to geographical business expansion

• The cloud segment is estimated to expand at the highest CAGR over the forecast period as it offers increased operational flexibility and rapid deployment capability to enterprises

• The BFSI segment is likely to maintain its dominance and also emerge as the fastest-growing segment over the forecast period as enterprise streaming media provides banks with enhanced branch communication capability by facilitating easy sharing of digital audio and video with customers

• Asia Pacific is poised to experience the highest CAGR from 2018 to 2025, as MNCs continue to expand their business operations and presence in the region.

• Key players operating in the enterprise streaming media market include Adobe Systems Inc.; Apple Inc.; Avaya Inc.; AVI-SPL Inc.; Cisco Systems; Haivision Systems Inc.; Microsoft Corporation, Polycom, Inc.; SAP AG, and Spirent Communications PLC.