Press release
Automotive Voice Recognition Market – Global Growth Prospects and Forecasts till 2022 | Key Player’s ( Nuance, VoiceBox, Iflytek, Fuetrek, Sensory, AMI )
The Report Global Automotive Voice Recognition Market by Manufacturers, Countries, Type and Application, Forecast to 2022 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants.Global Voice Recognition Market Overview:
Automotive Voice Recognition market size to maintain the average annual growth rate of 4.26% from 150 million $ in 2014 to 170 million $ in 2017, According to Market Analyst Automotive Voice Recognition market size will be further expanded by 2022, The market size of the Automotive Voice Recognition will reach 200 million $.
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The industry is expected to witness a high growth with the rising trend of connected vehicles and level of autonomous driving and integration of technology to support centralized function.
The Voice Recognition Market for automotive can be segmented based on Product Type, Technology, Application , fuel, Industry and Region.
On the Basis of Technology Segment, The embedded technology segment is estimated to be the fastest growing market in the voice recognition system market for automotive during the forecast period
On the Basis of Fuel type Segment, The ICE vehicle segment is estimated to be the largest market segment, by volume as well as value, of the voice recognition system market for automotive during the forecast period.
On the Basis of Industry Segment, the improving lifestyle of consumers and rapid urbanization have boosted the demand for passenger vehicles. These factors are expected to trigger the growth of the voice recognition system market.
Regionally, Asia Pacific is projected to be the fastest growing market for voice recognition system market for automotive by 2025. The market growth in the region can be attributed to the rapidly growing automotive sector in countries such as China, Japan, South Korea, and India.
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The market is segmented and projected on the basis of major key player’s:
1 Nuance
2 VoiceBox
3 Iflytek
4 Fuetrek
5 Sensory
6 AMI
7 LumenVox
The Global Voice Recognition Market is segmented into:
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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The Market is segmented and projected on the basis of Product Type Segmentation
1 Single language recognition
2 Multilingual Recognition
The Market is segmented and projected on the basis of Technology Segmentation
1 Embedded
2 Hybrid
The Market is segmented and projected on the basis of Fuel Type Segmentation
1 BEV
2 ICE
3 Others (Hybrid)
The Market is segmented and projected on the basis of Industry Segmentation
1 Passenger Vehicle
2 Commercial Vehicle
Key Questions Answered in this Report:
1 What will the market size be in 2022?
2 What are the key factors driving the Voice Recognition Market?
3 What are the challenges to market growth?
4 Who are the key players in Voice Recognition Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
1 Automotive Voice Recognition Product Definition
2 Global Automotive Voice Recognition Market Manufacturer Share and Market Overview
3 Manufacturer Automotive Voice Recognition Business Introduction
4 Global Automotive Voice Recognition Market Segmentation (Region Level)
5 Global Automotive Voice Recognition Market Segmentation (Product Type Level)
6 Global Automotive Voice Recognition Market Segmentation (Industry Level)
7 Global Automotive Voice Recognition Market Segmentation (Channel Level)
8 Automotive Voice Recognition Market Forecast 2018-2022
9 Automotive Voice Recognition Segmentation Product Type
10 Automotive Voice Recognition Segmentation Industry
11 Automotive Voice Recognition Cost of Production Analysis
12 Conclusion
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