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The abundant data flow and demand for analytics have resulted in many new technological advancements including voice recognition. Who thought that we could just talk to devices and they would respond to us like our peers? The digital transformation increased the appetite for voice analytics. Thus, we are witnessing considerable growth in voice recognition software and voice assistants. According to Research and Markets report, the voice recognition market is expected to reach USD 27.155 billion in 2026, compared to USD 10.70 billion in 2020.
Speech recognition software has a wide range of use cases and benefits. Voice assistants are one of the main components of smart homes and automated vehicles. Voice recognition has enhanced business efficiency by improving customer interaction. There is various emerging software that can efficiently recognize speech. Here we are listing top voice recognition software to look up to in the current scenario.
The Dragon Professional by Nuance is one of the best speech recognition software released in 2016. It has different variants for home and professional including Dragon Professional Individual, Dragon Professional Anywhere, and more. Dragon Professional Individual (PC) uses deep learning to adapt a unique voice and instantly transcribe the dictation with maximum accuracy. Dragon Anywhere is a cloud-based speech-to-text software that enables you to work from anywhere. Dragon professional ensures documentation productivity and the v15 software is priced at USD 500.00.
Watson, IBM's NLP-powered computer has many products including Watson Speech-to-Text software. This speech recognition system is cloud-native and also provides APIs to ensure its integration into other applications. It can be used in chatbots, customer analytics, conference calls, and call center analytics. The software supports a plethora of languages and accepts audios for transcriptions along with response formatting in real-time. IBM offers a free trial and demo of the software on its cloud.
Amazon Transcribe leverages automatic speech recognition for speech-to-text conversions. Amazon Transcribe can transcribe and separate voices from different speakers so that you can see who said what. It recently included Amazon Transcribe Medical to enable the digitization of clinical documents through speech recognition. While trying to replicate the quality of manual transcriptions, Amazon Transcribe allows users to stream the transcriptions in real-time. You can access Amazon Transcribe through AWS free tier feature for 12 months and then continue with the standard pricing offered.
Google's AI technology-powered API is used in this speech-to-text software for accurate voice recognition and transcriptions. It uses deep learning neural networks, machine learning, and automatic speech recognition. Google cloud speech-to-text is cloud-based and works towards enhancing customer experience through voice commands and analytics. It supports more than 125 languages and allows both cloud and on-premise deployment for better flexibility. Users can choose from various domain-specific models for specific requirements. After the first free 60 minutes, the software processes payments per 15 seconds of the audio.
Microsoft Azure speech services offer both speech-to-text and text-to-speech softwares. It can be deployed in the cloud and edge, and build speech applications wherever the data is stored. It is a developer-oriented platform for unified speech services and is user-friendly. After the free plans, Microsft Azure charges according to their standard pricing plan.
Bighand digital voice recognition software provides smarter speech recognition and dictation services by enabling efficient tracking and sharing of the files. The transcriptions can be embedded into the workflow to ease the complexity and streamline internal operations. With multi-language automatic transcriptions, BigHand offers on-the-go dictation facilities from various devices like smartphones. The software is ideal for businesses, designed especially for law firms to enhance productivity and minimize workloads.
Assembly AI offers speech-to-text transcription with automatic punctuations and promises state-of-the-art accuracy. The software vouches for having advanced security and data privacy protocols along with customizable models. Assembly AI accepts all audio and video formats and provides accurate sentiment analysis. The platform provides a pay-as-you-go pricing strategy with unlimited transcription and offers on-premise licenses.
Crescendo speech can create auto texts with VR, wherein users can give a word and the software builds a commonly used sentence or expansion from it. It offers both front-end and back-end speech recognition and adapts to the unique voices of the speaker.
Although it still faces many limitations, Microsoft's voice assistant Cortana has managed to keep its space. Voice assistance is in abundance today and Cortana is one among them. It works on all Windows platforms and can perform different functions by leveraging voice recognition technology. It is free software and has been revamped into a productivity tool to manage business functions.
Express Scribe Transcription Software is developed by NCH Software that can transcribe audios in various formats including WAV, DCT, and MP3. This audio player is designed for PC or Mac with variable speed playback. The software automatically receives files, stores them, and sends the transcribed files. It works with other speech recognition softwares and is ideal for transcribing audio recordings for business needs.
