The global Voice Recognition for Automotive market was valued at US$ 3.4 billion in 2022 and is projected to reach US$ 14.7 billion by 2029, at a CAGR of 16.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Voice Recognition for Automotive market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Voice Recognition for Automotive market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Voice Recognition for Automotive market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The hybrid technology is estimated to be the largest growing segment of the voice recognition system market in terms of volume.
This report aims to provide a comprehensive presentation of the global market for Voice Recognition for Automotive, 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 Voice Recognition for Automotive. This report contains market size and forecasts of Voice Recognition for Automotive in global, including the following market information:
- Global Voice Recognition for Automotive Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The majority of consumers are now demanding advanced comfort and convenience features, which largely influence their purchase decisions. The rising trend of premium vehicles equipped with advanced convenience features is also an important factor to be considered for the growth of voice recognition system market.
We surveyed the Voice Recognition for Automotive 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 Voice Recognition for Automotive Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Voice Recognition for Automotive Market Segment Percentages, by Type, 2022 (%)
- Embedded
- Non-Embedded
- Others
Global Voice Recognition for Automotive Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Voice Recognition for Automotive Market Segment Percentages, by Application, 2022 (%)
- Economy Vehicles
- Mid-Price Vehicles
- Luxury Vehicles
- Others
Global Voice Recognition for Automotive Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Voice Recognition for Automotive Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Voice Recognition for Automotive revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Voice Recognition for Automotive revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Alphabet
- Apple
- Harman
- Inago
- Lumenvox
- Microsoft
- Nuance
- Sensory
- Vocalzoom
- Voicebox
Outline of Major Chapters:
Chapter 1: Introduces the definition of Voice Recognition for Automotive, market overview.
Chapter 2: Global Voice Recognition for Automotive market size in revenue.
Chapter 3: Detailed analysis of Voice Recognition for Automotive 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 Voice Recognition for Automotive 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.
