Industry analyst firm Datamonitor has forecasted that the global market for advanced speech recognition technology in mobile devices will triple by 2014, from $32.7 million to $99.6 million.
Demand for mobile speech applications, which typically enable a user to vocally control a mobile device’s functionality, have been on the rise as today’s consumer adopts a busier lifestyle. Another factor driving the rapid adoption of mobile speech applications is the increasing worldwide legislation restricting the operation of mobile devices while driving. Several countries, including Australia, Britain, Chile, and the Philippines, and 15 U.S. states have enacted legislation that restricts the use of handsets while operating motor vehicles. Most of these legislations permit the use of hands-free devices as an alternative, and telecom carriers have been promoting command and control and SMS-based services as well to alleviate these issues.
Other common mobile speech applications include voice-dialing, voice-search and voice-input.
For more information see: http://www.tmcnet.com/channels/speech-recognition/articles/56373-mobile-speech-applications-market-set-triple-2014.htm