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Speech-to-text API Market to be Worth $10 Billion by 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Speech-to-text API Market by Offering (Solutions, Services), Deployment Mode, Organization Size, Application (Transcription, Customer Experience & Analytics, Subtitle & Caption Generation), End User (B2B, B2C, B2G, G2C), Geography – Global Forecast to 2030’.
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According to this latest publication from Meticulous Research®, the speech-to-text API market is projected to reach $10 billion by 2030, at a CAGR of 17.3% from 2023 to 2030. The growth of this market is driven by the proliferation of voice-enabled devices, the increasing use of voice & speech technologies for transcription, and technological advancements, coupled with the rising adoption of connected devices. However, speech-to-text API solutions’ lack of accuracy in regional accent & dialect recognition restrains the growth of this market.
Innovations in speech-to-text solutions for especially abled people and the development of speech-to-text API solutions for rare & local languages are expected to create growth opportunities for the players operating in this market. However, data security & privacy concerns are a major challenge for market growth. Additionally, the growing demand for voice authentication in mobile banking applications is a prominent trend in the speech-to-text API market.
The speech-to-text API market is segmented by offering, deployment mode, organization size, application, and end user. The study also evaluates industry competitors and analyses the regional and country-level markets.
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Based on offering, the speech-to-text API market is segmented into solutions and services. In 2023, the solutions segment is expected to account for the larger share of the speech-to-text API market. The large market share of this segment is attributed to the rising adoption of advanced electronic devices, increasing demand for voice-enabled devices, and the growing use of speech technology for transcription. However, this segment is also projected to record the higher CAGR during the forecast period.
Based on deployment mode, the speech-to-text API market is segmented into on-premise deployment and cloud-based deployment. In 2023, the cloud-based deployment segment is expected to account for the larger share of the speech-to-text API market. The adoption of cloud computing and storage systems is gaining popularity among small and medium-sized enterprises. Several organizations are gradually transitioning to cloud infrastructure, a trend that is expected to grow in the coming years. These factors contribute to the large market share of this segment.
The cloud-based segment is also projected to record the higher CAGR during the forecast period. The benefits offered by cloud infrastructure, such as the ease of adoption, the minimal requirement for in-house infrastructure, high scalability, and easy installation of speech-to-text API solutions, support the growth of this segment.
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Based on organization size, the speech-to-text API market is segmented into large enterprises and small & medium-sized enterprises. In 2023, the small and medium-sized enterprises segment is expected to account for the larger share of the speech-to-text API market. The large market share of this segment is attributed to the rising awareness among small and medium-sized enterprises about the significance of speech-to-text API. The small & medium-sized enterprises segment is also projected to register the higher CAGR during the forecast period.
Based on application, the speech-to-text API market is segmented into transcription, customer experience & analytics, media & communications monitoring, subtitle & caption generation, consumer electronics command & control, automotive command & control, and other applications. In 2023, the transcription segment is expected to account for the largest share of the speech-to-text API market. The large market share of this segment is attributed to technological advancements, increasing speech and voice technology usability for transcription and the rising adoption of advanced electronic devices. However, the subtitle & caption generation segment is projected to record the highest CAGR during the forecast period.
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Based on end user, the speech-to-text API market is segmented into B2B, B2C, B2G and G2C. The B2B segment is further subsegmented into IT & Telecommunications, BFSI, media & entertainment, healthcare, education, and other B2B end users. In 2023, the IT & Telecommunications segment is expected to account for the largest share of the speech-to-text API market. The large market share of this segment is attributed to organizations' rising adoption of speech-to-text solutions in their call centers to analyze business conversations. However, the healthcare segment is projected to record the highest CAGR during the forecast period.
Based on geography, the speech-to-text API market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the speech-to-text API market. North America’s major market share is attributed to the rising integration of speech and voice recognition technology in consumer electronics, the easy availability of several voice-enabled smart devices, and the high adoption rate of advanced technologies in the region. However, Asia-Pacific is slated to register the highest CAGR during the forecast period.
Key Players:
The key players operating in the speech-to-text API market are Google LLC (U.S.), Microsoft Corporation (U.S.), Amazon Web Services, Inc. (U.S.), IBM Corporation (U.S.), Verint Systems Inc. (U.S.), Rev.com, Inc. (U.S.), Twilio Inc. (U.S.), Baidu, Inc. (China), Speechmatics (U.K.), VoiceCloud (U.S.), VoiceBase, Inc. (U.S.), Amberscript Global B.V. (Netherlands), Voci Technologies, Inc. (U.S.), AssemblyAI, Inc. (U.S.), and Vocapia Research SAS (France).
TOP 10 COMPANIES IN SPEECH-TO-TEXT API MARKET >> https://meticulousblog.org/top-10-companies-in-speech-to-text-api-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=21-02-2024
Pharmaceutical Contract Packaging Market Worth $42.03 Billion by 2029
Pharmaceutical Contract Packaging Market by Service (Primary Packaging {Bottle, Vial, Ampoules, Blister Packs}, Secondary Packaging), Material (Plastic, Polymer, Paper, Glass, Aluminum Foil), and Geography – Global Forecast to 2029
The Pharmaceutical Contract Packaging Market is projected to reach $42.03 billion by 2029, at a CAGR of 8.4% from 2022 to 2029. Pharmaceutical companies outsource packaging operations to contract packaging firms to reduce their operating costs and focus on the core operations of developing a drug. Furthermore, serialization regulations for pharmaceuticals are progressing globally, and many pharmaceutical contract packaging firms already have efficient serialization workflows. Thus, outsourcing packaging functions allows pharmaceutical companies to meet serialization requirements without investing time and money in developing serialization workflows.
The growth of the pharmaceutical contract packaging market is driven by the growing adoption of smart packaging solutions, stringent regulatory policies concerning serialization regulations, and complex packaging requirements of the pharmaceutical industry. Furthermore, the adoption of postponement packaging to improve operations efficacy is offering market growth opportunities.
Prebiotics Market to be Worth $6.61 Billion by 2029
Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography – Global Forecast to 2029
The Prebiotics Market is projected to reach $6.61 billion by 2029, at a CAGR of 7.6% during the forecast period 2022–2029. The growth of this market is driven by the increasing consumption of prebiotics, the rising demand for nutraceuticals, and the increasing demand for plant-based food ingredients. However, the lack of awareness regarding the health benefits of prebiotics restrains the growth of this market. The growing use of prebiotics in infant formulas is expected to create growth opportunities for the players operating in this market. Additionally, the growing demand for natural, organic, and clean-label ingredients is a major trend in the global prebiotics market.
Autonomous Tractors Market Worth $5.38 Billion by 2029
Autonomous Tractors Market by Type (Fully Autonomous, Semi-Autonomous Tractors), Component (LiDAR, Radar, Ultrasonic Sensors, GPS), Power Output (Up to 30 HP, 31–100 HP, 101 HP & Above), Application (Tillage, Seed Sowing, Harvesting) – Global Forecast to 2029
The Autonomous Tractors Market is expected to reach $5.38 billion by 2029, at a CAGR of 22.4% during the forecast period of 2022–2029. The growth of this market is driven by the rising adoption of modern agricultural techniques, the increasing government initiatives to support farmers, and improved credit availability. However, the high initial cost of advanced agriculture equipment and the rising fragmentation of land are factors restraining the growth of the autonomous tractors market.
Technological advancements and the shortage of farm laborers are expected to offer significant growth opportunities for players operating in this market. However, the low awareness of advanced agriculture technologies poses a major challenge to the market’s growth. Furthermore, agriculture digitalization is a major trend observed in this market.
Savory Snacks Market Worth $347.2 Billion by 2029
Savory Snacks Market by Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Meat Snacks), Flavor (Barbeque, Spice, Salty, Plain), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Channels) — Global Forecasts to 2029
The Savory Snacks Market is expected to reach $347.2 billion by 2029, at a CAGR of 7.3% during the forecast period of 2022 to 2029. The growing consumer demand for healthy snacking, the rising popularity of convenience foods & on-the-go snacks, changing lifestyles and hectic schedules of the working population, and expansion of the retail industry across the globe are the key factors driving the growth of the savory snacks market. Furthermore, the growing E-commerce penetration in developing countries and emerging economies in Latin America, Asia, and the Middle East & Africa are expected to provide significant opportunities for the players operating in this market.
Biological Wastewater Treatment Market Worth $16.1 Billion by 2030
Biological Wastewater Treatment Market by Process (Aerobic Wastewater Treatment, Anaerobic Wastewater Treatment, and Anoxic Treatment), End User (Municipal, Industrial [Food & Beverage, Pulp & Paper]), and Geography – Global Forecast to 2030
The Biological Wastewater Treatment Market is expected to reach $16.1 billion by 2030, at a CAGR of 5.6% during the forecast period of 2023–2030. The rapidly diminishing freshwater resources, the stringent regulations for wastewater management, and a surge in industrial water consumption and discharge are the major factors driving the growth of this market.
In addition, the growing demand for energy-efficient & advanced water treatment technologies, the rapidly growing population, urbanization, and industrialization, the depletion of potable water, and the increasing prevalence of water-borne diseases are expected to offer significant opportunities for the growth of this market.
However, the high installation, maintenance, and operating costs hinder the implementation of Biological Wastewater Treatment solutions. Furthermore, the high cost of upgrading & repairing aging water infrastructure is a major challenge to the market’s growth.
What's the difference between water-based and oil-based face serum? vilvahstore.com
Explore the amazing benefits of face serums for healthy skin. Learn how to choose the best serum for your skin type in this blog post.
We understand that choosing between an oil-based face serum and a water-based face serum is confusing. Perhaps even more confusing than answering the question of whether the chicken or the egg came first.
Water-based face serums are lightweight, concentrated formulations designed to penetrate deeply into the skin. It targets concerns such as fine lines, dark spots, and hydration. On the other hand, face oils are crafted from a blend of natural extracts. These oils create a protective barrier on the skin, sealing in moisture and promoting a healthy glow. Made with moringa, argan and rosehip oils, oil-based face serums offer diverse benefits.
Stick till the end to learn more about the difference between face serum & face oil and how to include these skincare products in your daily routine.
Water-based face serum vs. oil-based face serum
Water-based face serum
Lightweight formulation: Face serums are water-based and have a lighter consistency. It easily absorbs into the skin without leaving a greasy residue.
Highly performing active ingredients: The skin brightening serum is formulated with active ingredients such as rice milk extract, marine algae extract, alpha arbutin, and hyaluronic acid. They work together to brighten the skin and promote an even skin tone.
Acne safe: Face serum is versatile, addressing various skin issues. They work well for oily and combination skin as they provide hydration without clogging pores.
Oil-based face serum
Rich in nutrients: Face oils are oil-based and contain essential fatty acids, vitamins, and antioxidants. They provide deep hydration, nourishing the skin and supporting its natural barrier function.
Seal in moisture: Oils create a protective barrier on the skin's surface. It’s particularly beneficial for individuals with dry or mature skin.
Anti-aging properties: Oil-based serums contain ingredients like moringa oil to help reduce the appearance of fine lines and wrinkles. Moringa oil benefits for skin are countless. It helps stimulate collagen production and improve skin elasticity.
Which one is a better, water-based face serum or oil-based face serum?
Both water-based and oil-based face serums have their unique advantages, and the choice between them depends on skin needs and preferences. Both types can be considered great for different reasons.
Water-based face serums are often preferred by those with oily or acne-prone skin because they are lightweight and non-greasy. They are typically absorbed quickly and can provide hydration without clogging pores. Water-based serums are also suitable for individuals living in humid climates. Water-based face serums are the best face serum for women and are suitable for all skin types.
On the other hand, oil-based face serums are the best face serum for dry skin or mature skin, as they provide a nourishing and hydrating barrier that helps lock in moisture. However, it's important to avoid overuse. Always patch-test before using it on your skin.
How to include it in your skincare routine?
To include a water-based face serum into your skincare routine, apply it after cleansing and before moisturizing. Gently pat the serum onto your face and neck, allowing it to absorb for optimal hydration.
For an oil-based serum, use it after water-based skin care products to seal in moisture. Dispense a small amount of beautifying serum, warm it between your palms, and press it onto your skin. This locks in hydration and provides a protective barrier.
Customize your routine by using water-based serums in the morning and oil-based ones at night for a well-rounded skincare approach, ensuring your skin remains nourished, hydrated, and balanced.
Why use a water-based face serum?
Brightens dull skin
Rice milk face serum is rich in B vitamins. It gently removes dead skin cells, promoting cell turnover and revealing brighter skin.
Reduces dark spots and pigmentation
Face brightening serum with alpha arbutin as a key ingredient helps fade dark spots and even out skin tone by preventing the overproduction of melanin.
Hydrates skin
Rice milk is known for its hydrating properties. It contains natural lipids and proteins that can help lock in moisture, preventing dehydration and maintaining skin suppleness.
Why use an oily-based face serum?
Fading Marks and Scars
Moringa serum for face is rich in antioxidants and has anti-inflammatory properties, which can contribute to the reduction of scars and hyperpigmentation.
Enhancing Skin Texture
With its high content of omega fatty acids, Argan oil nourishes the skin, improving elasticity and suppleness. This can result in a smoother skin texture and a more youthful appearance.
Combatting Free Radicals
A potent source of antioxidants, particularly vitamin C, Rosehip seed oil defends the skin against free radical damage. This protection aids in maintaining skin elasticity and reducing the impact of environmental stressors.
Wrapping up
Now that you know how good water-based and oil-based are, what is stopping you from adding one to your shopping cart? Check out the Vilvah store to shop for face care products online. The skincare heaven to all your concerns. Why settle for one when you can have twice the goodness (both the serum) in your skincare routine?
Everything you need to know before oiling your hair vilvahstore.com
Nourish your scalp and strengthen hair follicles with natural hair oil. Enriched with 7 essential oils for healthy hair. Shop at the vilvah store online. From north to south, east to west, every Indian household follows one hair care routine regardless – hair oiling. With constant exposure to styling tools and chemical treatments, the hair loses its natural texture and gets easily damaged. One way to keep your hair well-nourished is by oiling hair with regular internals. Whether you\'re battling hair thinning, hair loss, or just want to flaunt hair, we\'ve got your back (or, should we say, your hair). Consider the best hair growth oil as your invitation to the hair care heaven that turns heads and steals the spotlight.
Formulated with a blend of natural and nourishing ingredients, hair oil for hair regrowth results from extensive research and a commitment to promoting new hair growth and helping you reduce hair fall. In this blog post, let\'s explore how, when and what not to do while oiling your hair.
When to apply oil on hair?
The ideal time to apply the best oil to stop hair loss depends on your hair type and personal preferences. For deep conditioning and nourishment, apply oil at night before washing. It allows the oil to penetrate the hair shaft, moisturise the scalp, and improve overall hair health.
The best time to apply the best oil for hair fall is when it aligns with your routine and goals. Whether for deep conditioning, frizz control, or added shine, adjusting the timing to suit your preferences and hair type will help you achieve the desired results.
How often do you apply oil on hair?
It\'s essential to strike a balance, not too little nor too much. Before applying oil, make sure your hair is clean and slightly damp to enhance absorption. Focus on massaging the oil into your scalp to nourish the hair follicles.
Choose a natural hair growth oil with ingredients like pumpkin seed oil, kalonji oil and castor oil for deep conditioning. Consider leaving the oil on for at least 30 minutes to allow it to penetrate the hair shaft before washing it out with a gentle shampoo.
Which is the best hair growth oil?
Look for hair growth oil with a blend of natural oils such as pumpkin seed oil, kalonji oil, and castor oil. It helps strengthen your hair and prevents hair breakage. Hair fall control oil helps promote new hair follicles by reducing hair fall.
Pumpkin seed oil is rich in antioxidants, vitamins, and minerals. It nourishes the hair follicles and promotes a healthy scalp. It contains omega-6 fatty acids and other nutrients that may support hair growth and prevent hair loss. Kalonji oil has been traditionally used for its medicinal properties, including its potential to stimulate hair growth. Castor oil is renowned for its high content of ricinoleic acid. It has antimicrobial and anti-inflammatory properties.
How should you apply the best anti-hair fall oil?
The Inversion Method is a popular technique for applying hair growth oil for women to promote hair growth. Warm the oil slightly to enhance its absorption into the scalp. Start by parting your hair into sections to ensure thorough coverage.
First, massage the oil into your scalp using gentle, circular motions with your fingertips. It increases blood circulation, promoting nutrient delivery to the hair follicles. Then, tilt your head downward, allowing your hair to hang loosely. This inversion helps the oil penetrate deeply into the roots.
Continue massaging and inverting for about 4-5 minutes, ensuring the entire scalp is covered. Be cautious not to apply too much pressure to avoid causing discomfort. After the massage, wrap your hair in a warm towel for an additional 15-20 minutes to allow the oil to penetrate further.
Following the Inversion Method regularly with hair regrowth oil for men, such as once a week, can contribute to improved hair growth.
What not to do after oiling?
Steer clear of hot tools and water to prevent oil stripping.
Skip tight ties to prevent breakage and stress on oiled hair.
Wait for absorption before combing. Be gentle, especially when wet.
Oiled hair attracts dirt, so avoid dusty or polluted environments.
Allow time for oil absorption before washing to maximize benefits.
Conclusion
So, whether you\'re seeking to give life to dry and damaged strands or maintain the lustre of healthy hair, the consistent application of oils with thoughtful post-oiling practices can make a world of difference. Check out the Vilvah store online for the best hair growth oil made with 7 essential oils for faster hair growth and more natural hair care products.
Real Time Location Systems Market to be Worth $36.6 Billion by 2030 – Exclusive Report by Meticulous Research®
Advancements in connectivity technologies have resulted in fast data transmission speeds. With these technologies, data can be transmitted at unprecedented rates, enabling real-time communication and seamless connectivity. RTLS can leverage these advancements to provide accurate and up-to-date location information, enabling efficient asset tracking, supply chain management, and operational optimization. RTLS with better connectivity ensures consistent and reliable location tracking, even in complex or expansive environments like warehouses, manufacturing facilities, or outdoor spaces. It also helps to support several devices and provide seamless integration with existing infrastructure. This scalability allows companies to deploy RTLS solutions across multiple locations and scale up their tracking capabilities as needed.
