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.
In the recent years, the development of automotive voice recognition market is quite fast due to the fast increase of the amount of global vehicle production.
Nuance is still the largest player in the automotive voice recognition market, occupying market share more than 70%. It sells millions of products to automotive manufacturers and automotive multimedia system supplier.
In fact, the automotive voice recognition system is generally integrated in the automotive multimedia system. Now, more and more automotive voice recognition can recognize several languages to meet drivers’ demand.
Thanks to the fast development of automotive industry, the development of automotive voice recognition market is promising in the next several years, especially in developing regions like China.
In 2018, the global Automotive Voice Recognition market size was 180 million US$ and it is expected to reach 240 million US$ by the end of 2025, with a CAGR of 3.9% during 2019-2025.
This report focuses on the global Automotive Voice Recognition status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Voice Recognition development in United States, Europe and China.
The key players covered in this study
Nuance
VoiceBox
Iflytek
Fuetrek
Sensory
AMI
LumenVox
...
Market segment by Type, the product can be split into
Single language recognition
Multilingual Recognition
Market segment by Application, split into
Passenger Vehicle
Commercial Vehicle
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Automotive Voice Recognition status, future forecast, growth opportunity, key market and key players.
To present the Automotive Voice Recognition development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Automotive Voice Recognition are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Automotive Voice Recognition market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.