Global Speech Technology Market to Grow 36 Percent Annually

The market for speech technologies is growing as more and more industries find benefit in using the technology for voice solutions.

According to recent research, this growth in the global speech technology market will reach $78 billion by 2010.

The report, "Speech Technology: A Global Strategic Business Report" from Global Industry Analysts looks at market trends, recent developments, mergers, acquisitions and the profiles of major players and other strategic industry activities.

The reports findings point to a collective contribution of over 91 percent expenditure on speech technologies by North America and Europe.[click heading for more]