Global STS Translation Market 2014-2018

2014-05-16
Price :
Published : May-2014
No. of Pages : 45

STS translation is a technology to convert spoken words into digital signals that can be recognized and automatically translated into the spoken commands of another language. A STS translation system or software is deployed for real-time communication between two or more individuals who speak different languages. Such systems can be employed in handheld PDAs, smartphones, desktops, and laptops, as well via landlines. A STS translation system is cost-effective compared to human translators.

TechNavio’s analysts forecast the Global STS Translation market will grow at a CAGR of 19.11 percent over the period 2013-2018.

Covered in this Report

The Global STS Translation market can be divided into three segments: Speech Recognition, Speech Translation, and Speech Synthesis. These segments indicate the procedure of doing STS Translation.

TechNavio’s report, the Global STS Translation Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global STS Translation 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 Regions

  • Americas
  • EMEA
  • APAC

Key Vendors

  • AT&T Inc.
  • IBM Corp.
  • SpeechTrans Inc.
  • Voxtec International Inc.

Other Prominent Vendors

  • Apple Inc.
  • AppTek
  • AT&T Inc.
  • ECTACO Inc.
  • Google Inc.
  • IBM Corp.
  • Microsoft Corp.
  • Raytheon BBN Technologies
  • Sakhr Software Co.
  • SpeechTrans Inc.
  • Voxtec International Inc.

Key Market Driver

  • Presence of Diverse Workforce in Enterprises.
  • For a full, detailed list, view our report.

Key Market Challenge

  • Inability to Suppress Variations in the Performance.
  • For a full, detailed list, view our report.

Key Market Trend

  • Increasing Demand for Mobile Apps.
  • For a full, detailed list, view our report.

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
Filed in: Information Technology
Publisher : Technavio
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