TechNavio's analysts forecast the Global Automatic Speech Recognition Applications market to grow at a CAGR of 15.65 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increased demand in the Mobile Applications segment. The Global Automatic Speech Recognition Applications market has also been witnessing transition from embedded automatic speech recognition applications. However, environmental hurdles in speech recognition could pose a challenge to the growth of this market.
TechNavio's report, the Global Automatic Speech Recognition Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automatic Speech Recognition Applications market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Nuance Communications, LumenVox and Telisma S. A.