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Voice Recognition System Market for Automotive by Technology (Embedded and Hybrid), Application (AI and Non-AI), End-User (Eco, Mid, and Luxury), Fuel Type (ICE and BEV), Level of Autonomous Driving, and Region - Global Forecast to 2025

Voice Recognition System Market for Automotive by Technology (Embedded and Hybrid), Application (AI and Non-AI), End-User (Eco, Mid, and Luxury), Fuel Type (ICE and BEV), Level of Autonomous Driving, and Region - Global Forecast to 2025

“Extended use of smartphones environment in cars and rise in trend of connected vehicles are likely to fuel the demand for voice recognition system”
The voice recognition system market for automotive is estimated to be USD 941.0 million in 2017 and is projected to grow at a CAGR of 19.41% during the forecast period to reach a market size of USD 3,890.3 million by 2025. 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. However, the high cost of high-end voice recognition system is expected to inhibit the growth of the market.

“The hybrid technology is estimated to be the largest growing segment of the voice recognition system market in terms of volume”
The hybrid technology is estimated to be the largest growing segment, by volume, of the voice recognition system market for automotive from 2017 to 2025. The growth of this segment can be attributed to the rise in trend of integrating technology to support centralized function in vehicles.

The voice recognition system helps in accessing infotainment features such as navigation, music, and can link smartphones to the central function of the vehicle. Thus, the advancement of infotainment functions is expected to fuel the growth of voice recognition system market. The emerging markets such as India and China are expected to witness steady growth of voice recognition system market due to gradual progress of automotive industry.

“The Battery Electric Vehicles is the fastest growing segment of voice recognition system market”
The BEV segment is estimated to be the fastest growing segment, by volume as well as value, of the voice recognition system market during the forecast period. The growing environmental concerns, rising fossil fuel prices, and stringent government regulations for emission have accelerated the growth of the BEV market. The market players such as Tesla (US), Waymo (US), BMW (Germany), Volvo (Sweden), GM (US), Toyota (Japan), and Renault-Nissan Corporation (The Netherlands) have already introduced various BEVs in the market and are consistently improving their technology with strong focus on R&D.

“Asia Pacific is projected to be the largest voice recognition system market for automotive in terms of volume and value by 2025”
Asia Pacific is projected to be the largest market for voice recognition system market for automotive by 2025. Increase in disposable income in developing countries such as India and China and rising demand for premium cars as well as comfort features in the vehicles are the key growth factors for the market in this region. Currently, North American region is estimated to be the largest market for voice recognition system. With one of the largest markets for premium segment vehicles, North America is expected to dominate the voice recognition system market in 2017. Also, the demand for additional safety and convenience features in mid variant vehicles is increasing exponentially in the region. These factors are expected to fuel the growth of the voice recognition system market in the North American region.

BREAKDOWN OF PRIMARIES
The study contains insights provided by various industry experts, ranging from voice recognition software providers to Tier-1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier-1–40%, Tier-2–38%, and Tier 3–22%
• By Designation: C level–43%, D level–26%, Others–31%
• By Region: North America–41%, Europe–31%, Asia Pacific–21%, RoW–7%

The report provides detailed profiles of the following companies:
Nuance (US)
Microsoft (US)
Alphabet (US)
Harman (US)
Apple (US)
Sensory (US)
VoiceBox (US)
iNAGO (Japan)
LumenVox (US)
VocalZoom (Israel)
Promptu (US)

Research Coverage
The report covers the voice recognition system market for automotive based on Region (North America, Europe, Asia Pacific, and Rest of World), application (AI and non-AI), technology (embedded and hybrid), level of autonomous driving (autonomous , conventional, and semi-autonomous), Fuel type (BEV, ICE, and Others (Hybrid), and end-user (economy, mid-priced, and luxury).

Reasons to Buy the Report:
The report provides insights into the following points:
Market Penetration: The report provides comprehensive information on voice recognition system market and the top players in the industry.
Market Development: The report provides comprehensive information on various technologies of voice recognition system. The report analyzes the markets for various voice recognition system technologies across different countries.
Market Diversification: The report provides exhaustive information about emerging technologies, recent developments, and investments in the global voice recognition system market.
Competitive Assessment: The report offers an in-depth assessment of strategies, services, and manufacturing capabilities of leading players in the global voice recognition system market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table CURRENCY EXCHANGE RATES (PER USD)
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • DATA TRIANGULATION
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
        • Table AUTOMOTIVE APPLICATION FEATURES RELATED TO SAFETY, COMFORT, & ASSISTANCE
    • MARKET SIZE ESTIMATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE VOICE RECOGNITION SYSTEM MARKET
    • VOICE RECOGNITION SYSTEM MARKET SHARE, BY COUNTRY
    • VOICE RECOGNITION SYSTEM MARKET, BY APPLICATION
    • VOICE RECOGNITION SYSTEM MARKET, BY FUEL TYPE
    • VOICE RECOGNITION SYSTEM MARKET, BY END-USER
    • VOICE RECOGNITION SYSTEM MARKET, BY TECHNOLOGY
    • VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING
    • VOICE RECOGNITION SYSTEM MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table ADVANTAGES AND LIMITATIONS OF SMARTPHONE ENVIRONMENT IN THE VEHICLE
        • Table AUTONOMOUS DRIVING ATTEMPTS AMONG VEHICLE MANUFACTURERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
        • Table USER AND VEHICLE DATA
        • Table FACTORS OVERCOME BY VOICE RECOGNITION SYSTEM
    • MACRO INDICATOR ANALYSIS
      • INTRODUCTION
      • MACRO INDICATORS INFLUENCING THE VOICE RECOGNITION SYSTEM MARKET FOR TOP 3 COUNTRIES
  • TECHNOLOGICAL OVERVIEW
    • INTRODUCTION
    • TIMELINE: AUTOMOTIVE VOICE RECOGNITION SYSTEM
    • ARCHITECTURE: VOICE RECOGNITION SYSTEM
      • Table INTERFERENCE SOURCES IN VOICE RECOGNITION SYSTEM
    • TECHNOLOGY OUTLOOK
  • VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY APPLICATION
    • INTRODUCTION
      • Table VOICE RECOGNITION SYSTEM MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
    • ARTIFICIAL INTELLIGENCE
      • Table AI: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
    • NON-ARTIFICIAL INTELLIGENCE
      • Table NON-AI: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
  • VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY TECHNOLOGY
    • INTRODUCTION
      • Table VOICE RECOGNITION SYSTEM MARKET SIZE, BY TECHNOLOGY, 2016-2025 ('000 UNITS)
    • EMBEDDED
      • Table EMBEDDED: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 ('000 UNITS)
    • HYBRID
      • Table HYBRID: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 ('000 UNITS)
  • VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER
    • INTRODUCTION
      • Table VOICE RECOGNITION SYSTEM MARKET SIZE, BY END-USER, 2016-2025 ('000 UNITS)
      • Table VOICE RECOGNITION SYSTEM MARKET SIZE, BY END-USER, 2016-2025 (USD MILLION)
    • ECONOMY VEHICLES
      • Table ECONOMY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 ('000 UNITS)
      • Table ECONOMY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
    • MID-PRICE VEHICLES
      • Table MID-PRICED VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 ('000 UNITS)
      • Table MID-PRICED VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
    • LUXURY VEHICLES
      • Table LUXURY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 ('000 UNITS)
      • Table LUXURY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016-2025 (USD MILLION)
  • VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY FUEL TYPE
    • INTRODUCTION
      • Table VOICE RECOGNITION SYSTEM MARKET, BY FUEL TYPE, 2016-2025 (`000 UNITS)
      • Table VOICE RECOGNITION SYSTEM MARKET, BY FUEL TYPE, 2016-2025 (USD MILLION)
    • BATTERY ELECTRIC VEHICLE (BEV)
      • Table BEV: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (`000 UNITS)
      • Table BEV: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (USD MILLION)
    • INTERNAL COMBUSTION ENGINE (ICE)
      • Table ICE: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (`000 UNITS)
      • Table ICE: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (USD MILLION)
    • OTHERS (HYBRID VEHICLES)
      • Table OTHERS: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (`000 UNITS)
      • Table OTHERS: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (USD MILLION)
  • VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY REGION
    • INTRODUCTION
      • Table VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 ('000 UNITS)
      • Table VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016-2025 (USD MILLION)
      • Table VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
      • Table VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 ('000 UNITS)
      • Table ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
      • Table ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • CHINA
        • Table CHINA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table CHINA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • INDIA
        • Table INDIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table INDIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • JAPAN
        • Table JAPAN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table JAPAN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table SOUTH KOREA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table REST OF ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
    • EUROPE
      • Table EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 ('000 UNITS)
      • Table EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
      • Table EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • FRANCE
        • Table FRANCE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table FRANCE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • GERMANY
        • Table GERMANY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table GERMANY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • ITALY
        • Table ITALY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table ITALY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • UK
        • Table UK: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table UK: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • SPAIN
        • Table SPAIN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table SPAIN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table REST OF EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 ('000 UNITS)
      • Table NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
      • Table NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • CANADA
        • Table CANADA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table CANADA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • MEXICO
        • Table MEXICO: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table MEXICO: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • US
        • Table US: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table US: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
    • REST OF THE WORLD
      • Table REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 ('000 UNITS)
      • Table REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
      • Table REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
      • Table REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table BRAZIL: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table RUSSIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 ('000 UNITS)
        • Table SOUTH AFRICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016-2025 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
    • COMPETITIVE SCENARIO
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENT, 2016-2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2016-2017
      • PARTNERSHIPS/SUPPLY CONTRACTS/COLLABORATIONS/JOINT VENTURES/LICENSE AGREEMENTS
        • Table PARTNERSHIPS/SUPPLY CONTRACTS/COLLABORATIONS/JOINT VENTURES/AGREEMENTS, 2016-2017
  • COMPANY PROFILES
    • NUANCE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2016-2017
      • SWOT ANALYSIS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2017
      • SWOT ANALYSIS
      • MNM VIEW
    • ALPHABET
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2017
      • SWOT ANALYSIS
      • MNM VIEW
    • HARMAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2017
      • SWOT ANALYSIS
      • MNM VIEW
    • APPLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2017
      • SWOT ANALYSIS
      • MNM VIEW
    • SENSORY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
    • VOICEBOX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2016-2017
    • INAGO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2017
    • LUMENVOX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2016-2017
    • VOCALZOOM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2016
  • APPENDIX
    • KEY INSIGHTS BY INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
      • COUNTRY LEVEL ANALYSIS OF VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER
    • RELATED REPORTS
    • AUTHOR DETAILS

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