Speech recognition market to Approach 1 Billion Dollars by 2013

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Reportinker.com recently announced it is adding the research from the
Automatic Speech Recognition Market – 2009 -2013 to its catalog of studies.

According to the report, the speech recognition market is expected to reach
$933 million by 2013. The increase in revenue will follow a 15 percent spike
over the next three years, according to the report.

Drivers that will factor into market growth include success stories of early
enterprise adopters, growing use of biometrics for secure identification
purposes, further technological advancements and clear cost savings across
industries with the use of speech recognition applications, according to the
report.

There is also plenty of room for further growth over the same time period.
According to the report, growth will accelerate as the availability of the
technology grows and benefits become better known.

Companies and organizations looking to realize the cost savings and improved
efficiency benefits of speech recognition and digital dictation have a resource
in American Dictation Corp.  The website offers all the necessary software and
tools for an effective speech recognition or digital dictation deployment

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