Software maker ScanSoft said it has struck new speech technology deals with IBM and expanded some existing agreements, a move the companies hope will expand the global market for speech technology ...

The global text-to-speech market was valued at USD 2 billion in 2020 and is estimated to reach USD 5 billion by 2026, registering a CAGR of 14.6% during the forecast period.

Nevertheless, speech recognition remains a challenge, as IBM believes that it will take another five to 10 years before AI can match human listening skills. What Is the Target Price for IBM?