Voice recognition market poised for growth
Speech Recognition & Dictation News

Voice recognition market poised for growth

Voice recognition offers a number of improvements over traditional typing, including the ability to free up time for more important tasks and navigate a computer more efficiently.

As a result, it should really come as no surprise that the voice recognition market is poised for substantial growth over the next few years, according to the TechNavio Global Voice Recognition Market report.

In fact, the report found that the market is likely to grow at a combined annual growth rate of 9.40 per cent through to 2019. This is certainly substantial expansion – and will likely mean further advancement in the field as voice recognition technology becomes even more accurate.

It's likely that a significant portion of the growth in use can be attributed to the biometric security applications. With this technology, traditional passwords can be phased out in favour of a system that identifies the voice of a user – far more secure.

What's more, the healthcare sector can also take advantage of the powerful software – albeit for a significantly different reason.

"One of the emerging trends is the increased demand for voice recognition in the healthcare industry. Voice recognition helps in improving efficiency by reducing the time taken for notes and filling out charts for patients," a TechNavio analyst explained.

"Also, this helps in dictating notes almost around three times faster than typing. Thus, this improves time saving for diagnosing and treating patients."

This technology may sound like it's some time away, but there are already options available for medical professionals. With Dragon Medical Practice Edition 2, for example, it's easy to install the software on a computer in a practice and start transcribing notes.

Voice recognition software is here to stay, and it's only going to grow in usefulness over the next few years as the technology becomes more advanced.

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