MarketsandMarkets Presents

By smart speakers’ segment are projected to hold the largest share of the far-field speech and voice recognition market during the forecast period.

The smart speaker’s application segment is expected to account for the largest share of the far-field speech and voice recognition market over the forecast period. Integration with voice assistants like Alexa and Google Assistant and the expansion of the IoT are key drivers for smart speakers. Smart speakers offer convenience and ease of use, enabling users to control devices, play music, and perform other functions using voice commands. With improved voice recognition technology, smart speakers are becoming more accurate and responsive, further enhancing their appeal.