Speech and voice recognition industry set to grow by 41% in 2020: Report

The speech and voice recognition industry is set to grow by 41 per cent in the ongoing year. This is among the many findings of the report titled "Voice Technology in India: Now and Future - Consumer and business perspective" and compiled by digital agency WATConsult. The main objective of this report is to share deep insights on voice-tech usage patterns, to consult brands and to help businesses make better decisions. The report focuses on the market of voice technology in India, the perception of voice assistants, home management with use of voice and data security concerns. "Speech and voice recognition technology market stands at Rs 149.95 crore as of December 2019 and it is expected to grow at 40.47 per cent to reach Rs 210.63 Cr by the end of 2020," says the report. 

Love aaj kal 

With Valentine's Day upon us, international dating service OkCupid has come up with a report after having surveyed millennials in India about love, romance and relationships in the 21st century. Despite the technological advancements, face to face interactions are still very popular. An overwhelming 85 per cent of OkCupid's millennial users across India are unanimously in love with the idea of a quaint coffee date when they meet someone for the first time. Some findings conform to the prevailing views on how men and women perceive love and marriage. A high percentage, 71 to be precise, of women say they will only get hitched if they are in love with their partner, whereas 61 per cent of men do not consider marriage out of love a sacrilege! But some trends based on gender are also changing. An interesting finding in the survey is that as 35 per cent of men love the concept of falling in love and really want it to happen to them compared to only 25 per cent of women, a departure from the previous surveys.