Speech recognition technology is moving into more parts of our lives. In this video, tech and telecom analyst Andrew Tonner highlights various opportunities for Nuance Communications (NASDAQ:NUAN). You may be already familiar with Siri from Apple. Other tech companies -- as well as car manufacturers -- are also incorporating speech recognition technology. A less-known but big market is health care and the transcription of medical records. These opportunities have analysts projecting 15% growth rates for Nuance.
Andrew Tonner owns shares of Apple. The Motley Fool recommends Apple and Nuance Communications. The Motley Fool owns shares of Apple and Nuance Communications. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.