Language Services Global Market Report 2023 – By Services (Translation And Transcreation, Interpreting, Localization Services, Other Services), By Component (Software, Hardware), By Application (IT And Telecommunications, Commercial, Government, Automotive, Healthcare, Other Application) – Market Size, Trends, And Global Forecast 2023-2032

Automatic content recognition refers to a client application's (typically a smartphone or media tablet app's) ability to identify a content element within its proximity to audio, video, or digital image by sampling a portion of the audio or video (or image), processing the sample, and comparing it with a source service that identifies content by unique characteristics such as audio or video fingerprints or watermarks. The automatic content recognition are used to help viewers or listeners remember details about the content they watched or heard. The main types of automatic content recognition are audio, video, & image recognition, voice & speech recognition, real-time content analytics, security & copyright management. Automatic content recognition is used by the audio, video, & image recognition for a computer-powered camera's capacity to recognize and detect objects or features in a digital image or video. Audio, video, & image recognition refer to software's capacity to recognize things, locations, people, writing, and actions in images. The components are of hardware, software which are deployed either on cloud, on-premises. The applications are audience segmentation & measurement, broadcast monitoring, advertisement targeting & pricing, content filtering, and other applications. The verticals include media and entertainment, consumer electronics, retail & e-commerce, education, and automotive. The global automatic content recognition market is segmented - 1) By Type: Audio, Video And Image Recognition, Voice And Speech Recognition, Real-Time Content Analytics, Security And Copyright Management 2) By Component: Hardware, Software 3) By Deployment: Cloud, On-Premises 4) By Application: Audience Segmentation And Measurement, Broadcast Monitoring, Advertisement Targeting And Pricing, Content Filtering, Other Applications 5) By Vertical: Media And entertainment, Consumer Electronics, Retail And E-commerce, Education, Automotive The global automatic content recognition market size will grow from $3.41 billion in 2022 to $4.4 billion in 2023 at a compound annual growth rate (CAGR) of 29.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automatic content recognition is expected to grow to $12.62 billion in 2027 at a CAGR of 30.1%. The rising use of smart devices and content streaming services is expected to propel the growth of the automatic content recognition market. Smart TVs are essentially televisions with built-in streaming apps, that can stream content (video, music, movies, and sports) using a streaming device or app by connecting the TV or home theatre to the internet. Due to the pandemic (COVID-19), many people will be confined at home starting in 2020, and smart devices and content streaming devices are skyrocketed and increased the subscribers for content streaming platforms. For instance, in June 2022, counterpoint a US-based technology research company published an article in the economic times stating that the Indian smart tv market raised to 33% in Q1 2022. Currently, 89% of India's TV market is made up of smart TVs. In February 2021, the business standard published an article stating that amazon fire tv users are been doubled in 2020 in India. Amazon did not provide sales figures for India but stated that the number of monthly active fire TV users worldwide surpassed 50 million users. Therefore, demand for automatic content recognition will rise as the prevalence of the increasing use of smart devices and content streaming services rises. Major players in the automatic content recognition market are IBM Corporation, Microsoft Corporation, Google LLC, Digimarc Corporation, Apple Inc., Nuance Communications, Inc., ArcSoft Corporation Limited., ACRCloud, Audible Magic Corporation, Vobile, Inc., Kantar Media, Ivitec, VoiceInteraction, Gracenote, VoiceBase, Inc., and Beatgrid Media B.V. Technological advancement is a key trend gaining popularity in automatic content recognition. Major companies in the automatic content recognition market are advancing in their new technologies and research and developing the automatic content recognition market. For instance, in August 2021, LumenVox a US-based speech recognition software company launched a new generation of automatic speech recognition (ASR). The unique features of ASR are a transcription engine built with deep machine learning and artificial intelligence (AI), DNN's (Deep Neural Network) end-to-end architecture, and processing skills for speech recognition. The system is more accessible to users since it can grow the language model more quickly and provide new toolsets for adding additional languages and dialects. The development of this innovative technology is another step forward in automatic content recognition. In March 2021, Roku, Inc a US-based company that manufactures a variety of digital media players for video streaming acquired Nielsen Advanced Video Advertising (AVA) business, for an undisclosed amount. As a result, this acquisition will facilitate Roku's introduction of an all-encompassing DAI solution with TV producers. Additionally, a strategic agreement between Nielsen and Roku will expand Nielsen ONE, the company's cross-media measurement solution, by integrating complementary Nielsen ad and content measurement solutions onto the Roku platform. Nielsen Holdings a US-based information, data, and market measurement company. Asia-Pacific was the largest region in the automatic content recognition market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in automatic content recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automatic content recognition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automatic content recognition market consists of revenues earned by entities by providing speech recognition and optical character recognition. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automatic content recognition market research report is one of a series of new reports from The Business Research Company that provides automatic content recognition market statistics, including automatic content recognition industry global market size, regional shares, competitors with an automatic content recognition market share, detailed automatic content recognition market segments, market trends and opportunities, and any further data you may need to thrive in the automatic content recognition industry. This automatic content recognition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wireless telecommunication services mean the wireless transmission or receipt of electromagnetic signals, excluding receive-only radio and television signals and signals transmitted via satellite. The main types of services in wireless telecommunications carriers are cellular/mobile telephone services and wireless internet services. A cellular/mobile telephone services is a pre-cellular VHF (very high frequency) radio system that linked to the Public Switched Telephone Network. The technologies used in these services includes 3G, 4G and 5G and produces products such as voice and data. These are implemented in various areas such as household and commercial applications. The global wireless telecommunication carriers market is segmented - 1) By Type: Cellular/Mobile Telephone Services, Wireless Internet Services 2) By Application: Household, Commercial 3) By Product: Voice, Data 4) By Technology: 3G, 4G, 5G The global wireless telecommunication carriers market size grew from $868.02 billion in 2022 to $930.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wireless telecommunication carriers market is expected to grow to $1203 billion in 2027 at a CAGR of 6.6%. The number of people using mobile payments to pay for goods and services at the point of sale is expected to increase significantly. Particularly in the USA, mobile payment sales are expected to grow exponentially because of the growth in the number of overall users of the technology. For instance, by the end of 2020, nearly 150 million (approximately 56%) of the consumer population of the US are using mobile payments for in-store payments. In Addition to this, worldwide mobile payment are also increasing. For instance, according to a study by Boku Inc., a mobile payments company, by the end of 2020, there were over 2.8 billion mobile wallets in use and the number is projected to increase by nearly 74% to reach 4.8 billion mobile wallets in use by the end of 2025, which will account nearly 60% of the world’s population. Mobile wallets like Apple Pay, Android Pay and Samsung Pay are likely to become a standard feature on new smartphones, according to e-Marketer research. Increasingly, merchants are also likely to adopt point-of-sale systems that can accept mobile payments. To encourage and promote the use of m-payments, incentives like promotions and loyalty programs will be integrated to attract new users. Major companies in the wireless telecommunication carriers market include China Mobile, AT&T Inc., Verizon Communications, T-Mobile USA, Inc., Deutsche Telekom AG, Vodafone, America Movil, Telefonica SA, Orange SA and Nippon Telegraph And Telephone Corp. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the wireless telecommunication carriers market in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the wireless telecommunication carriers market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.? The biggest forthcoming change in the telecoms industry is the emergence of fifth-generation mobile networks (5G). 5G is expected to be much faster than the present 4G network. The 5G network is yet to be commercially available and this new generation mobile network is likely to provide the capacity needed to support the IoT (Internet Of Things) revolution. Low latency is another important feature expected from 5G. In January 2020, Samsung Group, a South Korea-based electronics company that sells mobile devices announced the acquisition of TeleWorld Solutions, Inc. for an undisclosed amount. With the acquisition of TeleWorld Solutions, Inc., Samsung is aiming to address end-to-end network support needs and accelerate 5G rollouts in the USA. TeleWorld Solutions, Inc. is a Virginia-based telecommunications provider of wireless networking and consulting services. Asia-Pacific was the largest region in wireless telecommunication carriers market in 2022. North America was the second largest region in wireless telecommunication carriers industry. The regions covered in the wireless telecommunication carriers market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wireless telecommunication carriers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The wireless telecommunication carriers market includes revenues earned by entities by providing telecommunications services such as operating and maintaining the switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this industry include cellular phone services, wireless internet access, and wireless video. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The wireless telecommunication carriers market is segmented into cellular/mobile telephone services and wireless internet services. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wireless telecommunication carriers market research report is one of a series of new reports from The Business Research Company that provides wireless telecommunication carriers market statistics, including global wireless telecommunication carriers market size, regional shares, competitors with a wireless telecommunication carriers market share, detailed wireless telecommunication carriers market segments, wireless telecommunication carriers market trends and opportunities, and any further data you may need to thrive in the wireless telecommunications carriers industry. This wireless telecommunication carriers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Broadband Internet service is a type of Internet service that provides transmission of large bandwidth data over a high-speed Internet connection. The main types of broadband internet services are C band, Ku band and Ka band. C-band refers to the portion of the electromagnetic spectrum reserved for satellite transmissions with frequencies ranging from 4GHz to 8GHz. The services are applied for VoIP (voice over internet protocol), internet TV, smart home application, remote education, virtual private LAN service, interactive gaming, VPN on broadband by business, household and other end users. The global broadband internet services market is segmented - 1) By Type: C Band, Ku Band, Ka Band 2) By Application: VoIP(voice over internet protocol), Internet TV, Smart Home Application, Remote Education, Virtual Private LAN Service, Interactive Gaming, VPN on Broadband 3) By End User: Business, Household, Other End-Users The global broadband internet services market size will grow from $389.62 billion in 2022 to $404.65 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global broadband internet services is expected to grow to $470.49 billion in 2027 at a CAGR of 3.8%. Increasing demand for consumer broadband is driving the broadband internet services market. The rising application of internet in communication, sharing information, education and entertainment sector is supporting the growth of consumer broadband. Also, government is playing a major role in stimulating demand for broadband internet services by providing better public online services in every sector, encouraging rural and remote areas to use the broadband internet services, establishing privacy and quality standards, etc. According to the data reportal newsletter, the total active internet users at the end of January 2019 was 4.388 billion whereas in January 2020 the total number of active internet users upsurge to 4.54 billion. The usage of voice search, voice commands, smart home devices, gaming-related activities, online content activities, streaming TV, etc. are more responsible for an increase in the demand for growth of the consumer broadband internet services market. Major players in the broadband internet services market are SES Astra, Inmarsat, Iridium Communications, ViaSat, EchoStar, EarthLink Holding Corp., Intelsat General, Eutelsat, IDirect, Singtel, KVH, Speedcast, Gilat Satellite Networks, Avonline Satellite Solutions Ltd., Skycasters, HISPASAT Group, China Telecom, China Unicom, Comcast, NTT, AT&T, Deutsche Telecom, Time Warner Cable, Verizon, Orange SA, Korea Telecom, Cambium Networks, Intracom Telecom, RADWIN, Redline communications and Proxim Wireless. The high costs of fiber optic cable restrains the broadband internet services market. The fiber optic is the latest technology that gives reliability and symmetrical speed options, unlike other internet services for the consumers. The cable or copper installation contributes to the high cost of fiber optic broadband services compared with other internet services. The fiber optic line installation is more complicated and the cost estimation is difficult for every building. According to the Federal Communications Commission (FCC), the minimum fiber optic deployment costs should be $5000 per user. The pricing is also mainly varying on the services providing by broadband entities. The fiber optic connection provides fast and symmetrical speeds, the cost of installation and its maintenance has become a major challenge for broadband internet service providers. Players in the broadband internet service industry are focusing on advancing digital infrastructure and services to serve its customers. Digital infrastructure is more focused on digital economic activities and technological applications. The digital infrastructure helps for the digital development of a country. According to the Asian Infrastructure Investment Bank (AIIB) report, the digital infrastructure helps to expand the internet connectivity and supports to establish the data centers to provide digital services. The emerging markets like India, Pakistan, etc. are more focused on mobile broadband infrastructure than fixed broadband internet services infrastructure whereas the developing and developed countries are concentrating on coverage of universal mobile broadband and superfast fixed broadband infrastructure. Demand in broadband internet services is driving the market to double the broadband speed and expand the internet connectivity where the companies and government are trying to increase the advancements in digital infrastructure and services. In October 2020, NWIC Inc., a Canada-based internet service provider acquired Last Mile Wireless Internet Inc. (LMWI) for an undisclosed amount. With the acquisition, NWIC is expected to become the Niagara Region's largest rural internet service provider, with expanded coverage and complementary technologies. Last Mile Wireless Internet Inc. (LMWI) is a Canada-based internet service provider. The Asia-Pacific was the largest region in the broadband internet services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global broadband internet services industry during the forecast period. The regions covered in the global broadband internet services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the broadband internet services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The broadband internet services market includes revenues earned by entities by providing broadband internet services which can be used for voice over internet protocol (VoIP), internet TV, smart home applications, remote online education, virtual private LAN service, interactive gaming, etc. Broadband internet services can be accessed through wireless, fiber cable, satellite, etc. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The broadband internet services market research report is one of a series of new reports from The Business Research Company that provides broadband internet services market statistics, including broadband internet services industry global market size, regional shares, competitors with a broadband internet services market share, detailed broadband internet services market segments, market trends and opportunities, and any further data you may need to thrive in the broadband internet services industry. This broadband internet services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cloud-based contact center refers to an application that is hosted on a web server and used by businesses to answer incoming and outgoing client calls. Cloud contact centres provide communication via a variety of platforms, including voice, email, social media, and chat, from any place and on any device. It is a full set of technologies, applications, and cloud-hosted solutions for contact centers in large companies which need multiple communication modes (such as messaging and phone calls), complex call routing, staff management, and analytics. The main types of cloud based contact centers are automatic call distribution, agent performance optimization, dialers, interactive voice response, computer telephony integration, analytics, and reporting. A telephone system that automatically receives incoming calls and sends them to an available agent is known as automated call distribution. The different components include services, and solutions and are deployed in public, private, and hybrid clouds. It is used in call routing and queuing, data integration and recording, chat quality and monitoring, real-time decision making, and workforce optimization and is implemented in various sectors such as banking, financial services and insurance (BFSI), IT and telecom, media, and entertainment, retail, logistics, and transport, healthcare, others. The global cloud based contact center market is segmented - 1) By Type: Automatic Call Distribution, Agent Performance Optimization, Dialers, Interactive Voice Response, Computer Telephony Integration, Analytics And Reporting 2) By Component: Solution, Services 3) By Deployment: Public, Private, Hybrid 4) By Application: Call Routing And Queuing, Data Integration And Recording, Chat Quality And Monitoring, Real-Time Decision Making, Workforce Optimization 5) By End-User: Banking, Financial Services and Insurance (BFSI), IT And Telecom, Media And Entertainment, Retail, Logistics And Transport, Healthcare, Other End Users The global cloud based contact center market size will grow from $19.66 billion in 2022 to $24.09 billion in 2023 at a compound annual growth rate (CAGR) of 22.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cloud based contact center is expected to grow to $53.6 billion in 2027 at a CAGR of 22.1%. The rising adoption of cloud based call centers is projected to drive the growth of the cloud based contact center market in the coming years. A network-based service in which a provider owns and controls contact center technology is known as cloud-based call centers. Cloud based call centers provide innovative solutions to address the company issues and remote services to enterprises on a subscription basis. According to CallMiner report 2020, a US-based software company develops speech analytics and interaction analytics software, to enhance the customer experience, 66% of call centers and contact centers seek to invest in advanced analytics. Therefore, the rising adoption of cloud based call centers fuels the cloud based contact center market growth. Major players in the cloud based contact center market are Genesys Telecommunications Laboratories Inc., 3CLogic Inc., Avaya Contact Center (Avaya Group), Connect First Inc., Five9 Inc., 8X8 Inc., Aspect Software, RingCentral Inc., NICE Systems Ltd., Ameyo, Aircall SAS, Amazon Web Services Inc., Vocalcom Group, TalkdeskInc., Vonage, Serenova, Content Guru, Evolve IP, TCN Inc., Tata Consultancy Services Limited., and Worldline. The growing technological advancements are shaping the cloud based call center market. Major companies operating in the cloud based call center sector are focused on developing technological solutions for cloud based call centers to strengthen their position in the industry. For instance, in April 2020, ServiceNow, a US-based software company, launched Contact-Center-as-a-Service working on artificial intelligence to provide IT supports in contact centers to increase the efficiency of operation at a lower cost. ServiceNow’s Cloud Call Center solutionoffers native integration of natural language AI technology, Lex, transcribe, IT workflow, and service desk capabilitiestautomate support tasks to improve both the caller and agent experience. In August 2020, TTEC Holdings a US-based customer experience technology and services company acquired VoiceFoundry for an undisclosed amount. The acquisition aims to create an end-to-end delivery solution for Amazon connect. Voice Foundry is a US-based company that is focused design and delivery of Amazon Connect, a cloud based enterprise contact center solution used around the globe, and is focused on helping businesses to improve customer engagement while maximizing the benefits of the cloud. North America was the largest region in the cloud based contact center market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud based contact center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cloud based contact center market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The cloud-based contact center market includes revenues earned by entities by providng automated call routing and multiple communication platforms. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cloud based contact center market research report is one of a series of new reports from The Business Research Company that provides cloud based contact center market statistics, including cloud based contact center industry global market size, regional shares, competitors with a cloud based contact center market share, detailed cloud based contact center market segments, market trends and opportunities, and any further data you may need to thrive in the cloud based contact center industry. This cloud based contact center market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The contactless biometric refers to a technology that is used for identification and authentication or to identify people under surveillance. The use of contactless biometric verification permits user authorization without requiring a person to touch any machine sensors. In addition, behavioral security technologies and multi-factor authentication utilizing non-contact biometrics are much more secure than the procedures are accustomed to. The main components of contactless biometrics are hardware, software, and services. Contactless biometrics are used for identification or verification Biometrics based on human physical traits generally come in the form of hardware devices like fingerprint readers, iris readers, and palm readers. The technologies are contactless fingerprint technology, facial recognition, iris recognition, palm vein recognition, voice recognition, and contactless cards. The applications are the face, fingerprint, hand geometry, iris, voice, and other applications. The end users include government, bfsi, consumer electronics, healthcare, transport & logistics, defense & security, and other end users. The global contactless biometrics market is segmented - 1) By Component: Hardware, Software, Services 2) By Technology: Contactless Fingerprint Technology, Facial Recognition, Iris Recognition, Palm Vein Recognition, Voice Recognition, Contactless Cards 3) By Application: Face, Fingerprint, Hand Geometry, Iris, Voice, Other Apllications 4) By End User: Government, BFSI, Consumer electronics, Healthcare, Transport And logistics, Defense And Security, Other End Users The global contactless biometrics market size will grow from $17.13 billion in 2022 to $20.25 billion in 2023 at a compound annual growth rate (CAGR) of 18.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the contactless biometrics is expected to grow to $38.12 billion in 2027 at a CAGR of 17.1%. The rise of contactless payment systems is driving the growth of the contactless biometric market. Contactless payment is a wireless financial transaction in which a client authorizes payment for a purchase by bringing a security token very near the point of sale (PoS) scanner of the merchant. For instance, in 2020, according to the US. research and markets, contactless payment terminals were valued at $13.23 billion, and by 2026, it is anticipated to grow to $51.07 billion. Therefore, demand for contactless biometrics will rise as the prevalence of increasing contactless payment systems rises. Major players in the contactless biometrics market are Touchless Biometric Systems AG, IDEMIA SAS, NViaSoft, Fujitsu Limited, NEC Corporation, Gemalto N.V, Aware Inc., HID Global, M2SYS Technology, Neurotechnology, Assa Abloy AB, Blue Biometrics, EYN, FEITIAN Technologies Co., and GateKeeper Proximity. Technological advances are a key trend gaining popularity in contactless biometrics major companies operating in contactless biometrics are developing new products or new technologies for strengthening the demand for contactless biometrics. For Instance, in April 2022, Moqi Technology, a China-based AI-technology company, launched 3D touchless fingerprint biometric scanner. The fingerprint scanner can register 10 fingers in 200 seconds and do 3D modelling of the finger surface with sub-millimeter accuracy. In addition, it provides NFIQ 2 values for biometric data quality that are 20% greater than contact fingerprint scanners, the statement claims. Moqi claims that its palmprint comparison system may be installed in addition to the fingerprint scanner to give more precise biometric registration. In August 2021, Telos Corporation, a US-based information technology services acquired Diamond Fortress Technologies (DFT) for an undisclosed amount. The acquisition is expected to expand Telos' collection of biometric and digital identification patents. Telos will be able to better meet the needs of organizations in both existing and new markets, such as transportation, healthcare, and financial services, with the addition of contactless biometrics technology. Diamond Fortress Technologies (DFT) is a US-based biometric security software developer. North America was the largest region in the contact biometric market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in contactless biometric market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the contactless biometric market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The contactless biometric market consists of revenues earned by entities by providing ear identification, gait identification, and hand vein capturing technologies. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The contactless biometrics market research report is one of a series of new reports from The Business Research Company that provides contactless biometrics market statistics, including contactless biometrics industry global market size, regional shares, competitors with a contactless biometrics market share, detailed contactless biometrics market segments, market trends and opportunities, and any further data you may need to thrive in the contactless biometrics industry. The contactless biometrics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Voice prosthesis devices and equipment provide the capability to speak for patients who have undergone laryngectomy (removal of the larynx). These devices are placed in the tracheoesophageal puncture, an opening created between the trachea (windpipe) and the esophagus (food pipe) by surgeons. The main device types of voice prosthesis devices and equipment are indwelling voice prosthesis devices and non-indwelling voice prosthesis devices. Non-indwelling devices can be removed by the patient and changed, creating a higher level of independence for the patient. The product types used are soft valve assemblies, hard valve assemblies, and others. The valve types are Blom-Singer valve, Provox valve, and Groningen valve, which are made up of silicone rubber, silicone, fluoroplastic, silver oxide, and others. The various end-users are hospitals, ambulatory surgical centres, and clinics. The global voice prosthesis devices and equipment market is segmented - 1) By Device Type: Indwelling Voice Prosthesis Devices, Non-Indwelling Voice Prosthesis Devices 2) By Product Type: Soft Valve Assembly, Hard Valve Assembly, Other Product Types 3) By Valve Type: Blom-Singer valve, Provox valve, Groningen valve 4) By Material: Silicone Rubber, Silicone, Fluoroplastic, Silver Oxide, Other Materials 5) By End User: Hospitals, Ambulatory Surgical Centers, Clinics The global voice prosthesis devices and equipment market size will grow from $1.57 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the voice prosthesis devices and equipment is expected to grow to $2.69 billion in 2027 at a CAGR of 11.0%. The voice prosthesis device and equipment market is driven by an increasing number of cases of larynx cancer. Larynx cancer is a disease in which cancer cells form tissue in the larynx and cause a sore throat and ear pain. According to the WHO, there were 99840 deaths reported in 2020 due to Larynx cancer. Major players in the voice prosthesis devices and equipment market are Atos Medical, Andreas Fahl Medizintechnik–Vertrieb, Servona, Acclarent Inc., (A Subsidiary of Johnson & Johnson), Karl Storz Gmbh & Co. Kg, Smith & Nephew PLC., InHealth Technologies, HEIMOMED Heinze, Sonova Holding AG, and William Demant Holding A/S. High equipment cost of voice prosthesis devices and equipment hampers the voice prosthesis devices and equipment market growth. High equipment costs refer to the replacement of prosthesis devices and equipment after a certain period. For instance, the JAMA Otolaryngol Head Neck Surgery center found that the average life of the prosthesis devices and equipment is 3-6 months after which the device has to be changed. Technological advancements of voice prosthesis devices and equipment have increased various properties of devices including, a lifetime of the device, simple and easy maintenance by patients, and comfortable outpatient replacements. For instance, the Indwelling prostheses are designed to meet the criteria of low air resistance and optimal retention in the tracheoesophageal wall, these prostheses devices and equipment have become the valve of choice with the success rate of 40-90% having very good voice quality. Medical devices including ENT surgical devices enter the market through FDA 510(K) premarket clearance pathway, As announced by the FDA, this regulation is set to undergo changes in which more efficient medical devices clearance process to introduce a new generation of safety, technology, and capabilities in medical devices. The EU’s Medical Device Regulation (MDR) came into force in 2020. The future of ENT devices is likely to be impacted by both modernizations of the FDA 510(k) pathway and the forthcoming enforcement of new EU MDR regulations. In September 2021, Atos Medical, a US-based company, a specialist in laryngectomy care-acquired TRACOE medical for an undisclosed amount. This acquisition is combining companies will strengthen the ability to fast track the journey towards becoming a full range global player in the tracheostomy segment, through a combined hospital and direct-to-consumer model. TRACOE medical is a Germany-based manufacturer of medical technology. North America was the largest region in the global voice prosthesis devices and equipment market in 2022. Asia-Pacific was the second-largest region in the voice prosthesis devices and equipment market share. The regions covered in the global voice prosthesis devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the voice prosthesis devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The vice prosthesis devices and equipment market consist of sales of indwelling voice prosthesis devices and non-indwelling voice prosthesis devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The voice prosthesis devices and equipment market research report is one of a series of new reports from The Business Research Company that provides voice prosthesis devices and equipment market statistics, including voice prosthesis devices and equipment industry global market size, regional shares, competitors with a voice prosthesis devices and equipment market share, detailed voice prosthesis devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the voice prosthesis devices and equipment industry. This voice prosthesis devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Voice over Internet Protocol (VoIP) is a communications technology that enables people to communicate via audio over the internet rather than via a traditional telephone line. VoIP enables making a call directly from a computer or a special VoIP phone. The main types of VoIP are integrated access or session initiation protocol (SIP) trunking, managed IP PBX and hosted IP PBX. The session initiation system (SIP) is used to enable the VoIP by managing the actual elements to support voice calls, instant messaging, media distribution and video conferencing. The different call types include international VoIP calls, domestic VoIP calls and have several access types such as phone to phone, computer to computer, computer to phone and can access. The different mediums include fixed, mobile and is used by various verticals such as consumers, small and medium businesses, large enterprises. The global voice over internet protocol voip market is segmented - 1) By Type: Integrated Access Or Session Initiation Protocol (SIP) Trunking, Managed IP PBX, Hosted IP PBX 2) By Access Type: Phone To Phone, Computer To Computer, Computer To Phone 3) By Call Type: International VoIP Calls, Domestic VoIP Calls 4) By Medium: Fixed, Mobile 5) By End User: Consumers, Small And Medium Businesses, Large Enterprises The global voice over internet protocol (VoIP) market size will grow from $106.62 billion in 2022 to $120.38 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the voice over internet protocol (VoIP) is expected to grow to $207.77 billion in 2027 at a CAGR of 14.6%. The growing adoption of 5G technology is expected to drive the growth of the voice over internet protocol (VoIP) market in the coming years. 5G provides faster transmissions, lower latency, and the ability to connect a larger number of devices by providing gigabyte rates, which will provide enough bandwidth for VoIP. As a result, a growing number of businesses are switching to VoIP to replace their outdated PSTN phone systems. Switching to VoIP improves call quality and dependability while lowering call and infrastructure costs significantly. For instance, according to vXChnge, a US-based colocation and data center service provider, by 2024 5G networks are projected to cover 40% of the world, handling 25% of all mobile traffic data. Therefore, the growing adoption of 5G technology propels the VoIP market growth. Major players in the voice over internet protocol (VoIP) market are Verizon Communications, Comcast, Orange S.A., AT&T, Charter Communications, Vonage, Altice USA Inc., Telmex, Time Warner Cable, Numericable, Cox Communications, Rogers Communications, Sprint Corporation, TalkTalk Group, RingCentral, Patton Electronics, San Antonio Telephone Co., and OneVoice Communications Inc. The smarter VOIP assistants is shaping the VoIP market. Smarter VoIP Assistants such as Apple's Siri, Amazon's Alexa, and Google's Ok Google can help customers automate a variety of tasks including routing calls to agents and forwarding calls to voicemail. Furthermore, with these tools at their disposal, consumers will no longer need to send simple questions to agents because the virtual assistant will be able to respond. According to DialogTech, a US-based software company, in 2020, 28% of people are using smarter VOIP assistants for business calls. In August 2021, TelcoSwitch, a UK-based telecommunications service provider acquired SureVoIP for an undisclosed amount. Through this acquisition TelcoSwitch's portfolio will be bolstered by the addition of more IP, notably strengthening the company's solutions for the SOHO/micro-market and paving the way for new residential-based services. SureVoIP is a UK-based telephony service provider that supplies business VoIP services to the businesses based in the UK. Asia-Pacific was the largest region in the VoIP market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the voice over internet protocol (VoIP) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the voice over internet protocol (VoIP) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The voice over Internet Protocol (VoIP) market includes revenues earned by entities by real-time transport protocol (RTP), designed to carry streaming audio and video. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The voice over internet protocol (VoIP) market research report is one of a series of new reports from The Business Research Company that provides voice over internet protocol (VoIP) market statistics, including voice over internet protocol (VoIP) industry global market size, regional shares, competitors with a voice over internet protocol (VoIP) market share, detailed voice over internet protocol (VoIP) market segments, market trends and opportunities, and any further data you may need to thrive in the voice over internet protocol (VoIP) industry. This voice over internet protocol (VoIP) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry

Natural language processing (NLP) is a field of artificial intelligence enable computers to understand and analyze human language. NLP helps the computer using artificial intelligence to take real-world input and make sense of it in a way a computer can understand. Computers collect information through microphones and programs. The main types of NLP are text, speech/voice, and image. Text analytics is an artificial intelligence (AI) technique that employs NLP to convert the free (unstructured) text in documents and databases into normalized, structured data suitable for analysis or as input to machine learning (ML) algorithms. NLP can be deployed on-premise, cloud in a hybrid or statistical components that have applications in automatic summarization, sentiment analysis, risk, and threat detection. There are various end-users such as education, BFSI, healthcare, IT and telecom, retail, manufacturing, media and entertainment, and others. The global natural language processing nlp market is segmented - 1) By Processing Type: Text, Speech Or Voice, Image 2) By Deployment: On-Premise, Cloud 3) By Component: Statistical, Hybrid 4) By Application: Automatic Summarization, Sentiment Analysis, Risk And Threat Detection 5) By End User Industry: Education, BFSI, Healthcare, IT And Telecom, Retail, Manufacturing, Media And Entertainment, Other End User Industries The global natural language processing (NLP) market size will grow from $19.48 billion in 2022 to $25.03 billion in 2023 at a compound annual growth rate (CAGR) of 28.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the natural language processing (NLP) is expected to grow to $69.17 billion in 2027 at a CAGR of 28.9%. The increase in usage of smart devices is driving the growth of the NLP market. Smart devices are electronic devices that are connected to networks or other devices via wireless modes. Smart devices are paired with NLP to process and analyze voice commands given by users. For instance, according to DataReportal, an online data, and insights agency, the number of smartphones in use is growing at a 5.7% annual rate, with an average of 1 million new smartphones in use every day. Therefore, increasing usage of smart devices is expected to drive the growth of the NLP market going forward. Major players in the NLP market are 3M Company, Apple Inc., FUJIFILM Holdings Corporation, Google LLC, Intel Corporation, International Business Machines Corporation, Meta Platforms Inc., Microsoft Corporation, NetBase Quid Inc., Nokia Corporation, SAS Institute Inc., Gnani Innovations Private Limited, Mihup Communications Private Limited, and Observe.AI. Technology advancements have emerged as a key trend gaining popularity in the NLP market. Major companies operating in the market are upgrading and launching technologically advanced NLP software for market growth. For instance, in September 2021, Melax Tech, a US-based software company, launched Mercury NLP based on AI technology. The Mercury NLP is new software that includes clinical NLP pipelines for extracting useful unstructured textual medical data for quantitative analytics in fields such as medicine and pharmaceuticals. Mercury NLP software extracts text data from diagnoses, recommended medications, tests, lab results, discharge plans, and more in real-time. The technique can also be used to improve public health by analyzing social determinants of health data. In March 2022, Microsoft Corp., a US-based technology company, acquired Nuance Communications Inc., for an undisclosed amount. This acquisition will help providers to offer more effective, affordable, and accessible healthcare, and help organizations create more personalized customer experiences. Nuance Communications is a US-based company that operates in ambient intelligence, NLP, and conversational AI across industries including financial services, healthcare, retail, and telecommunications. North America was the largest region in the NLP market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the NLP market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the NLP market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The natural language processing market includes revenues earned by entities by providing software tools that automate the processes for text summarization, text extraction, text classification, analyzing user language partners, and smart assistance using machine learning and artificial intelligence technology. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The natural language processing (NLP) market research report is one of a series of new reports from The Business Research Company that provides natural language processing (NLP) market statistics, including natural language processing (NLP) industry global market size, regional shares, competitors with a natural language processing (NLP) market share, detailed natural language processing (NLP) market segments, market trends and opportunities, and any further data you may need to thrive in the natural language processing (NLP) industry. This natural language processing (NLP) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.