Automotive Voice Recognition Market (Updated Version Available)

The report offers detailed coverage of Automotive Voice Recognition industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Voice Recognition by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.


The report forecast global Automotive Voice Recognition market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Automotive Voice Recognition market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Nuance
VoiceBox
Iflytek
Fuetrek
Sensory
AMI
LumenVox

At the same time, we classify Automotive Voice Recognition according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Single language recognition
Multilingual Recognition
Market by Application
Passenger Vehicle
Commercial Vehicle

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Voice Recognition market for the forecast period 2021 - 2025?
• What are the driving forces in the Automotive Voice Recognition market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Voice Recognition industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?