![]() ![]() ![]() In 2018, the voice and speech recognition market hit worth around 2450 million U.S. Most importantly, such can be utilized both in and out of the office to focus on revenue-generating tasks.Īccording to the Statista statistic, the global market for voice and speech recognition technology is rising vigorously. Both technologies have a different role in the corporate world some use them as voice biometrics whereas some for accurate commands, automatic transcriptions, etc. Usually, voice recognition recognizes the speaker’s voice and then acts accordingly, whereas speech recognition recognizes each word. These are blessings of modern technology that know how you are feeling based on your voice pitch. Today we have Voice recognition software like Siri, Amazon Lex. Days are gone, when we used to say- the electronic device can not understand human languages.
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