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When comparing it to an entire industry making $1 billion in sales, it would be very to take the majority share of this market. In fact if 3% of Motorola’s total sales were in the speech to text industry, the company would have over 50% of the market. VoiceSignal Inc. and Nuance Communications Inc. are two of the main competitors in this market. Being relatively small companies having virtually no investment in other markets, it would be very Motorola to enter this market and push the other two companies aside, forcing them to either leave eventually of merge with Motorola itself.
When looking at the target markets that would be likely to create the greatest revenue, there are three main groups...
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