Global Automotive Voice Recognition Market: Latest Sales Revenue & Market Share by Companies in to 2025.

September 2018, New York USA (News)- In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Automotive Voice Recognition market for 2018-2023.
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.

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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.
Over the next five years, LPI(LP Information) projects that Automotive Voice Recognition will register a 3.8% CAGR in terms of revenue, reach US$ 220 million by 2023, from US$ 180 million in 2017.
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The key players covered in this report:
Nuance
VoiceBox
Iflytek
Fuetrek
Sensory
AMI
LumenVox

Segmentation by product type:
Single language recognition
Multilingual Recognition
Segmentation by application:
Passenger Vehicle
Commercial Vehicle

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Research objectives
To study and analyze the global Automotive Voice Recognition Market (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Floriculture market by identifying its various sub segments.
Focuses on the key global Floriculture manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Floriculture with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Floriculture submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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