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#ASR & Voice Market Report to 2025

#ASR & Voice Market Report to 2025 | Language Tech Market News | Scoop.it

Covers: Nuance Communications Inc., Microsoft Corporation, Agnitio SL, Raytheon BBN Technologies, Validsoft UK, Sensory, Biotrust ID B.V., Voicevault, Voicebox Technologies, Lumenvox, M2SYS, Advanced Voice Recognition Systems, and Mmodal.

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Marketing Transcription Market To Grow at +6% to 2025

The Marketing Transcription market is expected to reach +6% CAGR during forecast period 2019-2025. A transcription service is a business service basically based on Speech to Text process which converts speech into a written or electronic text document. Marketing transcription services are often provided for legal, medical or any other business purposes.
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In-Car Voice Assistant Consumer Adoption Report 2019

In-Car Voice Assistant Consumer Adoption Report 2019 | Language Tech Market News | Scoop.it

The In-Car Voice Assistant Consumer Adoption Report is a 33-page report with 17 charts and diagrams based around a national survey of U.S. adults and an analysis of activity by leading automakers, device makers, and voice assistant platforms.

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Virtual Employee Assistants on the Rise, says @Gartner

Virtual Employee Assistants on the Rise, says @Gartner | Language Tech Market News | Scoop.it

According to Gartner, the use of VAs in the workplace is growing fast – by 1921, it predicts that 25% of digital workers will use a virtual employee assistant (VEA) on a daily basis. This will be up from less than two per cent in 2019.
“Industries such as insurance and financial services are showing strong interest in piloting VEAs internally,” said Annette Jump, senior director at Gartner. “We’ve also witnessed VAs being used in IT, customer service and information queries.”

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Smart Speakers Reach Critical Mass in 2018 with 41% US Consumers

Smart Speakers Reach Critical Mass in 2018 with 41% US Consumers | Language Tech Market News | Scoop.it
The smart speaker market reached critical mass in 2018, with around 41 percent of U.S. consumers now owning a voice-activated speaker, up from 21.5 percent in 2017.
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+38% CAGR on Global Intelligent Process Automation Market 2018-2025 

+38% CAGR on Global Intelligent Process Automation Market 2018-2025  | Language Tech Market News | Scoop.it

Global intelligent process automation will grow at a CAGR of 38% over the forecast period from 2018 to 2023. The market is in its infancy and is expected to prosper by the end of 2023, reaching approximately $ 800 million. Key players: Blue Prism, UiPath, Crowd Computing Systems, Inc., Accelirate Inc., EMC Corporation, OpenText Corp., SAP SE, Lexmark International, Inc., Pegasystems Inc., IBM Corporation, and Salesforce.com etc.

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Cloud #NLP Market Growth: $1.5B in 2016 to $6B by 2024

Cloud #NLP Market Growth: $1.5B in 2016 to $6B by 2024 | Language Tech Market News | Scoop.it

Key Players: Facebook, Fuji Xerox, Google, HP, IBM, Microsoft, Nuance Communications, SAP, SAS, Convergys, Amazon Web Services, Apple, 3M, Verint Systems, Interactions LLC 

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Report: #Voice-to-Text on Mobile Devices Market 2023

Report: #Voice-to-Text on Mobile Devices Market 2023 | Language Tech Market News | Scoop.it

Companies covered Nuance Communications, Microsoft Inc., Agnitio SL, Biotrust, VoiceVault, VoiceBox Technologies Corp.
LumenVox LLC,  M2Sys LLC, Raytheon BBN Technologies,
M2SyS LLC, ValidSoft UK Limited, Advanced Voice Recognition Systems,  Sensory Inc., MMODAL Inc.

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Report: Vehicle Conversational Systems Forecast 2018-2025 

Report: Vehicle Conversational Systems Forecast 2018-2025  | Language Tech Market News | Scoop.it

Top Key Players of Conversational Systems Market: Google, Cognitive Scale, IBM, Hewlett Packard, Microsoft, Oracle, Nuance Communications, SAP, Tibco Software, Saffron Technology.

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#MT Market Worth $1.5B by 2024

#MT Market Worth $1.5B by 2024 | Language Tech Market News | Scoop.it
Machine Translation Market revenue is predicted to register gains at over 19% to reach USD 1.5 billion by 2024. The rising demand for content localization and growing volumes of big data are expected to drive the market demand.
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Voice Assistant Consumer Adoption Report 2018

Voice Assistant Consumer Adoption Report 2018 | Language Tech Market News | Scoop.it
The Voice Assistant Consumer Adoption Report 2018 was developed as a collaboration by Voicebot, PullString, and RAIN Agency. It offers the most comprehensive analysis to date on consumer use of and attitudes about voice assistants across multiple surfaces. The 30-page report includes 27 charts and analysis broken into six sections:
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Global Text-to-Speech in Education Technology Market: $183M by 2023

Global Text-to-Speech in Education Technology Market: $183M by 2023 | Language Tech Market News | Scoop.it

The Text-to-speech Education Technology market size to maintain the average annual growth rate of 6.97% from $142M in 2017 to $183M by 2022. Key players: IVONA Software, NaturalReader, NextUp Technologies, Claro Software, Texthelp, goQ Software, LumenVox.

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#NLProc in Healthcare and Life Science: CAGR of +20% by 2023

#NLProc in Healthcare and Life Science: CAGR of +20% by 2023 | Language Tech Market News | Scoop.it

Key companies covered: 3M, Apple, Google, Microsoft, A3logics, AlchemyAPI, Apixio, Aylien, Dolbey Systems, Fluxifi, HP, IBM, Linguamatics, Nuance Communication, SAS Institute

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@Appen's 52-Week Run on the Language Data Market

@Appen's 52-Week Run on the Language Data Market | Language Tech Market News | Scoop.it

Technology player Appen Limited is surging high on Australian Securities Exchange. On Friday, the stock has been seen trading near to its 52 weeks high of $16.00 per share. It first started trading on ASX in the year 2015 at a price of $0.565 but now as of today, 18 January 2019, its stock price stands at $15.590. 

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#ASR Market to Hit $15.5B by 2029

#ASR Market to Hit $15.5B by 2029 | Language Tech Market News | Scoop.it
A new report from IDTEchEx Research suggests that market for smart speech and voice recognition technology will reach $15.5 billion by the year 2029. Titled “Voice, Speech, Conversation-Based User Bases 2019-2029: Technologies, Players, Markets”, the report includes a full rundown of the various hardware and software fields that will make use of smart speech tech and analyzes the prospects of key players like Google Home and Amazon Alexa.
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#NLP Market Technology Worth $16B by 2021?

#NLP Market Technology Worth $16B by 2021? | Language Tech Market News | Scoop.it

The Global Natural language processing (NLP) market size is estimated to grow from USD 7.63 Billion in 2016 to USD 16.07 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.1%. Top Leading Companies are: Apple Incorporation,Dolbey Systems,Google,Microsoft Corporation,Verint Systems,3M,IBM Incorporation,NetBase Solutions,SAS Institute Inc,HP,Baidu

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European #AI Market to Grow 38% Annually until 2022

European #AI Market to Grow 38% Annually until 2022 | Language Tech Market News | Scoop.it

The European market for artificial intelligence technology will grow from around EUR 3 billion in 2019 to EUR 10 billion in 2022, an average annual growth of 38 percent, according to a study of the European Information Technology Observatory in cooperation with the German digital association Bitkom. In particular, spending on related server and storage space is forecast to grow 24 percent per year, while AI software sales are project to increase 45 percent and services by 47 percent. 

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AI-as-a-Service Market Worth $14.6B by 2023

AI-as-a-Service Market Worth $14.6B by 2023 | Language Tech Market News | Scoop.it
The Artificial Intelligence as a Service (AIaaS) market was valued at US$1.907 billion in 2017 and is expected to grow at a CAGR of 40.38% over the forecast period to reach a total market size of US$14.596 billion by 2023.
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2019 Predictions in Conversational Interfaces

2019 Predictions in Conversational Interfaces | Language Tech Market News | Scoop.it
We surveyed experts in conversational interfaces to see what they thought were the biggest trends of 2018 as well as their predictions for 2019.
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Global Captioning and Subtitling Solutions Market  to 2025

Global Captioning and Subtitling Solutions Market  to 2025 | Language Tech Market News | Scoop.it

Key players: 3Play Media, Apptek, IBM, Capital Captions, VITAC, Telestream, Tell Language Solutions, Transcribe Now, EEG Enterprises, Compusult, ZOO Digital Group, Amara Enterprise

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Report: Global Business Intelligence Tools Market 2018

Report: Global Business Intelligence Tools Market 2018 | Language Tech Market News | Scoop.it

Covers: Lexalytics, Sysomos, Linguamatics, Abzooba (Xpresso), General Sentiment, Inc., Medalla, Tableau Software, Actuate Corporation, Oracle, CloudAnalytics, Good Data, Qlik Technologies, IBM, SAP, Tibco, SAS

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Report: Global #Text-to-Speech Market To 2023

Report: Global #Text-to-Speech Market To 2023 | Language Tech Market News | Scoop.it

Covers: Nuance Communication, Microsoft, Sensory, Amazon, Neospeech, Lumenvox, Acapel, Cereproc, ReadSpeaker, Speech Enabled Software Technologies, Ispeech, Textspeak, Nextup Technologies,

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#NLG Market Value: $680M by 2022

#NLG Market Value: $680M by 2022 | Language Tech Market News | Scoop.it

Natural Language Generation (NLG) market size will be further expanded to $680million by 2022. Key players cited: Retresco, Artificial Solutions, Phrasee, Ax Semantics, Cogentex, Phrasetech, Newsrx, Conversica

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Still Looking for the Killer Use Case for Voice Assistants

Still Looking for the Killer Use Case for Voice Assistants | Language Tech Market News | Scoop.it

While people are certainly enthusiastic about the new voice assistant technology, it’s not exactly life-changing yet.
Today, voice assistants and smart speakers have proven to be popular ways to turn on the radio or dim the lights or get weather information. But to be revolutionary, they will need to find a greater calling — a new, breakout application.

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#Blockchain in Media, Advertising, and Entertainment Market Analysis 2018-2025

#Blockchain in Media, Advertising, and Entertainment Market Analysis 2018-2025 | Language Tech Market News | Scoop.it
IBM, Microsoft, SAP, Accenture, AWS, Oracle, Infosys, Bitfury, Factom, Guardtime, ARK, Auxesis Group, Nyiax, Metax, BTL, Voise, Bloq, Clearcoin, Decent, Synereo, Brainbot Technologies, Bigchaindb, Iprodoos
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