Technical Advancement of Deep-Learning-Based Far-Field Microphones Driving The Growth of Far-Field Speech and Voice Recognition Market

The overall far-field speech and voice recognition market is expected to reach USD 3,505 million by 2024 from USD 969 million in 2018, growing at a CAGR of 23.89%. 

The growth of the far-field speech and voice recognition market can be attributed to the technical advancement of deep-learning-based far-field microphones, growing impact of front-end hardware components on the accuracy of speech and voice recognition, and growth in voice control–based smart speakers. Moreover, the deployment of far-field speech and voice recognition in smart home devices and application of speech and voice recognition in service robotics is expected to create huge growth opportunities for the far-field speech and voice recognition market.

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Key Market Players

Synaptics (US), Texas Instruments (US), Qualcomm (US), Sensory (US), STMicroelectronics (Switzerland), Harman (US), Andrea Electronics (US), Cirrus Logic (US), Microsemi (US), DSP Group (US),and Knowles (US) are a few major players in the speech and voice recognition market.

Qualcomm is involved in introducing new products and services for voice and data communications. For example, Qualcomm delivers a fully integrated far-field smart audio reference platform for the Amazon Alexa voice service.  

The Qualcomm Smart Audio Platform includes 6-microphone far-field voice and supports the development of networked audio devices and premium smart speakers that have Alexa built-in. The kit includes Qualcomm’s Snapdragon APQ8017 applications processor with integrated quad-core ARM Cortex-A53 processor platform, Hexagon DSP, and Wi-Fi+ Bluetooth connectivity. The platform’s voice software also integrates echo-cancellation, noise suppression, and “barge-in” capability, supporting a reliable voice interface in loud or noisy environments even when users are far from smart speakers. Qualcomm’s robust R&D capabilities have contributed to developing a strong patent portfolio. It is also investing in developing other significant technologies used in cellular and certain consumer electronic devices and networks such as audio coding, including EVS (enhanced voice services).

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