Reportlinker Adds Automatic Speech Recognition Applications Market 2010-2013

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Dec 09, 2010, 02:01 ET

NEW YORK, Dec. 9, 2010 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Automatic Speech Recognition Applications Market 2010-2013

http://www.reportlinker.com/p0337145/Automatic-Speech-Recognition- Applications-Market-2010-2013.html

Automatic Speech Recognition Market – 2009 -2013 report forecasts that the market will reach $933 million in 2013 growing at 15 percent.

Key market drivers include:

Success stories of early adopters pushing peer companies that continue to use manual processes
Growing use of biometrics for secure identification purposes
Advancements in speech recognition technologies that have made it more accurate and robust
Clear cost savings across industries with the use of speech recognition applications

Despite continuing to grow, this market has not reached the exponential growth predicted by earlier estimates. This can be attributed to apprehensive customers, unavailability of technology in some regions and high pricing pressure on mobile devices. High R&D expenses have also added to this.

For the sake of this report, the automated speech recognition market includes speech recognition applications and products but do not include speech recognition engines.

This report contains a detailed market landscape broken down by geography and end user. It also contains comprehensive drivers, challenges, and a vendor landscape in addition to detailed profiles of key vendors.

1. Executive Summary

2. Introduction

3. Market Landscape

4. Vendor Landscape

5. Usage Scenarios

6. Buying Criteria

7. Market Growth Drivers

8. Drivers and their impact

9. Market Challenges

10. Market Trends

11. Key Vendor Analysis

11.1 Nuance Communications