Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Automotive Voice Recognition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Voice Recognition. This report contains market size and forecasts of Automotive Voice Recognition in global, including the following market information:
Global Automotive Voice Recognition Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Voice Recognition market was valued at US$ 208.9 million in 2022 and is projected to reach US$ 270 million by 2029, at a CAGR of 3.7% during the forecast 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.
We surveyed the Automotive Voice Recognition companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Voice Recognition Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Voice Recognition Market Segment Percentages, by Type, 2022 (%)
Single language recognition
Multilingual Recognition
Global Automotive Voice Recognition Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Voice Recognition Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Voice Recognition Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Voice Recognition Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Voice Recognition revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Voice Recognition revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nuance
VoiceBox
Iflytek
Fuetrek
Sensory
AMI
LumenVox
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Voice Recognition, market overview.
Chapter 2: Global Automotive Voice Recognition market size in revenue.
Chapter 3: Detailed analysis of Automotive Voice Recognition company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Voice Recognition in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
