Voice Recognition is the identification of a person from characteristics of voices. Voice recognition converts speech from a recorded audio signal to text. Humans convert words to speech with their speech production mechanism. An voice recognition aims to infer those original words given the observable signal. Automotive Voice Recognition is mounted on the car's voice recognition system. This report mainly covers the Automotive Voice Recognition product type, while we can also offer any product survey report related to the Automotive Voice Recognition industry chain.
According to our (Global Info Research) latest study, the global Automotive Voice Recognition market size was valued at USD 208.9 million in 2022 and is forecast to a readjusted size of USD 270 million by 2029 with a CAGR of 3.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Voice Recognition key players include Nuance, VoiceBox, Iflytek, Fuetrek, Sensory, etc. Global top five manufacturers hold a share about 95%. Europe is the largest market, with a share about 35%, followed by North America and China, both with a share about 20 percent. In terms of product, Multilingual Recognition is the largest segment, with a share about 55%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report is a detailed and comprehensive analysis for global Automotive Voice Recognition market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automotive Voice Recognition market size and forecasts, in consumption value ($ Million), 2018-2029
Global Automotive Voice Recognition market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Automotive Voice Recognition market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Automotive Voice Recognition market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Voice Recognition
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Voice Recognition market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nuance, VoiceBox, Iflytek, Fuetrek and Sensory, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Automotive Voice Recognition market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single language recognition
Multilingual Recognition
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Market segment by players, this report covers
Nuance
VoiceBox
Iflytek
Fuetrek
Sensory
AMI
LumenVox
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Automotive Voice Recognition product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Automotive Voice Recognition, with revenue, gross margin and global market share of Automotive Voice Recognition from 2018 to 2023.
Chapter 3, the Automotive Voice Recognition competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Automotive Voice Recognition market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive Voice Recognition.
Chapter 13, to describe Automotive Voice Recognition research findings and conclusion.
Summary:
Get latest Market Research Reports on Automotive Voice Recognition . Industry analysis & Market Report on Automotive Voice Recognition is a syndicated market report, published as Global Automotive Voice Recognition Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Automotive Voice Recognition market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.