Now-a-days, speech recognition technology is increasingly
being integrated into voice-driven applications such as Amazon's Alexa, Apple's
Siri, Microsoft's Cortana, and Google Home, among others. AI-based speech recognition
technology is mainly used as an addition to virtual agents, chatbots, and
other mobile applications.
Increasing demand for smart
speakers and voice-enabled devices, coupled with rising penetration of
speech recognition technology in customer care services are driving the growth
of AI for the speech
recognition market in India. However, growing concern over data security and
privacy remains the key impediments for the widespread adoption of this technology in India.
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