Speech And Voice Recognition Market Size, Key Drivers, Challenges,...

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2024-06-26 18:26:35 -

Speech And Voice Recognition Market Size, Key Drivers, Challenges, and Projections by 2031

Market Scope and Growth Drivers The Speech and Voice Recognition Market Size was valued at USD 12.63 billion in 2023, is projected to reach USD 73.84 billion by 2031, reflecting a robust CAGR of 24.7% from 2024 to 2031. This significant growth is driven by several key factors. The increasing adoption of voice-activated systems in smart devices, advancements in artificial intelligence...

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