TechNavio today launched its report, Global Speech-to-speech Translation Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: Until recently speech-to-speech (STS) translation vendors used to offer translation systems as handheld devices or as software for personal device assistants (PDAs). However, currently, the market is witnessing a shift toward cloud-based STS applications. Encouraged by the growing popularity of cloud computing technology, several vendors have started developing innovative cloud-based translation applications. Most commonly these translation applications are offered through internet-based stores of mobile devices. Once downloaded from the mobile app store, these applications provide speech translation in several languages. These applications are either offered for free or for minimum subscription charges.”
According to the report, one of the major drivers is the high demand for STS translation in the Government sector. With a major requirement for this type of facility in military and peace-making operations, the Security and Defense sub-sectors continue to be the top clients for translation systems. High demand across the Government sector is further expected to further drive the market in the coming years.
Further, the report reveals that accuracy issues are one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-speech-speech-translation-market…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report – Global Speech-to-speech Translation Market 2012-2016
