Industry Dashboard: Datamonitor

The first two months in 2006 certainly started off on a strong note for speech recognition. There were 15 publicly announced customer wins across the globe, uptake in the entertainment, media and leisure vertical and some interesting, non-traditional deployments. Not surprisingly, the majority of the wins were network-based speech deals. PC and embedded speech, together, accounted for 20 percent of deals as seen in the technology quadrant in the Industry Dashboard.

The entertainment, media and leisure and public sector verticals accounted for the majority of deals to date in 2006. New customer wins, including three publishing firms, a museum, a mobile content provider, and a cinema complex, led to a significant uptake in the entertainment, media and leisure vertical market, which accounted for 40 percent of deals thus far in 2006. In the public sector, which accounted for 20 percent of deals, new customer wins came from two universities.

Looking forward in 2006, Datamonitor expects new customer deals across more vertical markets as well as an increase in the number of customer wins over the next two months. Datamonitor's Industry Dashboard provides three graphical representations that segment various markets within the speech industry as seen in Figure 1.

Source: Datamonitor. It is important to note that the information provided in the Industry Dashboard reflects only publicly announced customer wins. Datamonitor provides more detailed and comprehensive studies of the speech recognition market. For more information on Datamonitor's research, please go to http://www.datamonitor.com/