If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Voice Recognition Software procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Voice Recognition Software, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Voice Recognition Software - Recent Price Trend

The price of voice recognition software has been falling steadily in the past three years at an estimated annualized rate of 0.7%. The emergence and proliferation of free voice recognition software has led to a steady erosion in the price of software. Vendors have lowered prices to remain competitive against the abundance of free substitutes for the software.This price decline has, however, been...


Voice Recognition Software - Total Cost of Ownership

Buyers of voice recognition software face few costs in addition to the purchase price. Buyers must have a microphone attached to their computers to use the software, but paid versions typically come with a microphone or headset. The software typically does not require training to operate or special help to install and integrate. Aside from this, computers are a necessity, but buyers generally own...


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About this Report

This report is intended to assist buyers of voice recognition software, which is designed to turn speech into text for the purpose of documentation or voice commands. This report focuses on programs and software for personal computers and excludes software and programs designed for mobile devices, free voice recognition software and programs that include voice recognition functionality as a secondary feature.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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