Global Automotive Personal Assistant System Market 2020-2024
Technavio has been monitoring the automotive personal assistant system market and it is poised to grow by 12,771.22 th units during 2020-2024 progressing at a CAGR of 31% during the forecast period. Our reports on automotive personal assistant system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the introduction of innovative features in automobiles, increased adoption of electronics in modern vehicles, and increased demand for connectivity in vehicles. In addition, introduction of innovative features in automobiles is anticipated to boost the growth of the market as well.
The automotive personal assistant system market analysis includes type segment and geographical landscapes
Technavio's automotive personal assistant system market is segmented as below:
- Steering system
- Lane departure warning system
By Geographic Landscapes
- North America
- South America
This study identifies the development of autonomous vehicles as one of the prime reasons driving the automotive personal assistant system market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive personal assistant system market covers the following areas:
- Automotive personal assistant system market sizing
- Automotive personal assistant system market forecast
- Automotive personal assistant system market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive personal assistant system market vendors that include Aptiv Plc, BMW AG, Continental AG, DENSO Corp., Magna International Inc., Nuance Communications Inc., Robert Bosch GmbH, Tata Elxsi Ltd., Valeo SA, and ZF Friedrichshafen AG. Also, the automotive personal assistant system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.