Research and Markets (http://www.researchandmarkets.com/research/tdcgzx/global_sts)
has announced the addition of the "Global
STS Translation Market 2014-2018" report to their offering.
The Global STS Translation market will grow at a CAGR of 19.11% to
The demand for STS translation solutions is increasing because of the
popularity of mobile devices and consistent network connectivity.
Service providers offer applications that allow voice-based access to a
cell phone, enabling the use of speech to access mobile device-based or
network dependent features, applications, and services. This enhances
customer experience and can be implemented for any application.
According to the report, one of the major drivers is the presence of a
diverse workforce within companies. Globalizatin has resulted in MNCs
operating from various countries to gain cost and competitive advantage.
As a result, there is a high demand for speech translation.
Further, the report states that the inability to suppress variations in
the performance of the systems is a challenge for the vendors and the
market at large. Speech recognition is hindered because of
speaker-dependent variations such as dialects, accent, intonation, and
noise disturbance, and hence the output is distorted.
The Global STS Translation market can be divided into three
Other Prominent Vendors
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/tdcgzx/global_sts
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