Report overview
An Automotive Virtual Assistant is a human machine interaction tool and a form of artificial intelligence (AI) that acts as a primary interface between the driver and automotive signalling. Today, most vehicle accidents occur because of the driver being distracted whilst driving. Picking up calls during driving, texting or searching for petrol stations while driving distract the driver and it leads to accidents, especially during night time driving. However, if there is an automotive virtual assistant system enabled in the car or vehicle, it would help avoid fatal accidents.
This report aims to provide a comprehensive presentation of the global market for Automotive Virtual Assistant, 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 Virtual Assistant. This report contains market size and forecasts of Automotive Virtual Assistant in global, including the following market information:
Global Automotive Virtual Assistant Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Virtual Assistant market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Embedded Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Virtual Assistant include Nuance Communications, Inc., Google Inc., Microsoft Corporation, Apple Inc., Amazon, SoundHound Inc, Artificial Solutions Ltd., Elektrobit Corporation and Skoda, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Virtual Assistant 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 Virtual Assistant Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Virtual Assistant Market Segment Percentages, by Type, 2022 (%)
Embedded
Via Smartphone Integration
Device-to-car
Global Automotive Virtual Assistant Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Virtual Assistant Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Virtual Assistant Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Virtual Assistant 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 Virtual Assistant revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Virtual Assistant revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nuance Communications, Inc.
Google Inc.
Microsoft Corporation
Apple Inc.
Amazon
SoundHound Inc
Artificial Solutions Ltd.
Elektrobit Corporation
Skoda
Kenyt
BMW Group
NIO
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Virtual Assistant, market overview.
Chapter 2: Global Automotive Virtual Assistant market size in revenue.
Chapter 3: Detailed analysis of Automotive Virtual Assistant 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 Virtual Assistant 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.