2010 Information Technology Research Review
Voice recognition technologies are becoming integral parts of products and services that span a much broader array of industries. This global market will grow at a compound annual growth rate (CAGR) of 8.8% between 2010 and 2015. The total market is valued at an estimated $38.4 billion in 2010 and is expected to reach $58.4 in 2015.
The total global market for retail technologies at the storefront, including point-of-sale terminals, electronic fund transfer point-of-sale terminals, self-checkout terminals, and mobile self-scanners, is estimated at nearly $7 billion in 2010 and is expected to reach $9.5 billion in 2015, a compound annual growth rate (CAGR) of 6.3%.
The market for AFIS and fingerprint biometric technologies account for the greatest share of the global biometrics market and is forecast to continue to be the main source of overall market revenues from 2010 to 2015 and beyond. This sector is valued at $2.7 billion in 2010 and is expected to increase at a 19.6% compound annual growth rate (CAGR) to reach nearly $6.6 billion in 2015.
The term “Information Technology” covers such a wide-ranging spectrum of activity it is perhaps misleading to over generalize. Yet we can say that in 2010 the importance of key technologies became ever more vital – in particular those of search, and voice recognition. They form the backbone for several emerging industries, many of which are touched upon in our report coverage, directly or indirectly.
Noteworthy is the connection to our industrial categories, including advanced materials and semiconductor manufacturing. Their alliance with information technology adds value well in excess of the sum of the parts.
The 2010 Information Technology Research Review provides a sampling of the type of quantitative market information, analysis and guidance that has been aiding business decision making since BCC was founded in 1971. It includes highlights of reports published in 2010 covering the following markets:
- Commercial Building Automation Products: Technologies and Global Markets
- Voice Recognition: Technologies and Global Markets
- Biometrics: Technologies and Global Markets
- Transparent Electronics: Technologies and Global Markets
- Semiconductor Memory: Technologies and Global Markets
- Antennas for Systems and Devices: Technologies and Global Markets
- Customer-Facing Retail Technologies: Global Markets