speaker independent and speaker dependent segments . The speaker independent systems can identify any voice or speech , despite of several variations in characteristics from one speaker to another . Moreover , speaker dependent systems work by learning the unique characteristics of an individual ’ s voice making the system more reliable . Owing to these features the artificial intelligence segment in the speech & voice recognition market is anticipated to show a high growth rate over the forecast timeline .
Accuracy and speed are the major characteristics of the software which can be used as a tool for dictating and transcribing documents at work . A major benefit of the technology is for the users to do work simultaneously where user is expected to focus on observation , manual operations and still control the machinery by voice input commands that is helping drive the speech & voice recognition market growth . The software works in sync with various electronic software ’ s which are used daily , such as Microsoft Office and emails .
Customer care services in the speech & voice recognition market will witness growth over the forecast timeline . Various business sectors such as BFSI , IT , telecom , healthcare and hospitality are using the technology to tackle the increasing occurrence of security breach in these sectors which is propelling the industry demand . In the healthcare sector , the main use of speech and voice recognition technology , are for reporting health checkups , in data entry and in environments where the doctor or the dealing person cannot reach . An automated speech recognition system in medical equipment addresses , the ease of use and the hands-free environment which in turn is helping spur the speech & voice recognition market growth .
North America , speech & voice recognition market is predicted to lead owing to the large-scale implementation of biometric systems . Moreover , increasing demand for high level security coupled with strong economic conditions has led to a high adoption of biometric systems in the region thereby , driving the speech & voice recognition market .
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