Automotive and Transportation

Global Automotive Voice and Speech Recognition System Market 2016-2020

  • TEC620407
  • 121 Pages
  • July 2016
  • Automotive and Transportation
About the Global Automotive VR Systems
The VR systems, which we know today, featuring advanced speech recognition, emerged in the automotive domain in 2004-2005. One of the first vehicles to release it was Honda Acura RL, wherein the system was a part of the standard equipment. Honda also offered the VR system in its Acura MDX and Odyssey models as optional equipment. The Honda VR system was based on the IBM-embedded ViaVoice software, which was used to jointly develop the system by the two companies. The system was designed to access the majority of the in-car navigation system with voice inputs by the user. There were more than 700 commands and millions of city and street names, which were built into the system.

However, this was not the first VR system; earlier, Mercedes-Benz had come up with a rudimentary system (used only to operate the on-board telephone) back in 1996. It did not take off during those early years, mostly due to the limited nature of consumer exposure (Mercedes only offered it in the S and CL Classes), as well as because the technology was still in its infancy.


Technavios analysts forecast the global automotive VR system market to grow at a CAGR of 4.31% during the period 2016-2020.


Covered in this report
The report covers the present scenario and the growth prospects of the global automotive VR system market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of automotive VR system market globally. The report does not include revenue generated from the aftermarket service of the product.


Technavio's report, global automotive VR system market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key vendors
Apple,
Ford Motors
Harman International
Mercedes-Benz
Microsoft
Nuance Communications
VocalZoom
Voicebox Technologies


Other prominent vendors
Bayerische Motoren Werke AG
Citroen
Daimler AG
Fiat Chrysler Automobiles
General Motors
Honda Motor Co.
Hyundai Motor Co.
Nissan Motor Company Ltd.
Toyota Motor Corp.
Volkswagen AG
Volvo Cars
Anhui USTC iFlytek Co
Google
Harman International Industries
LumenVox
Sensory Inc.



Market driver
Adverse consumer sentiments to drive R&D and growth in VR systems space
For a full, detailed list, view our report


Market challenge
Local noise interference needs to be accounted for to increase VR accuracy
For a full, detailed list, view our report


Market trend
VR systems to become sub-modules of integrated assistant systems
For a full, detailed list, view our report


Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Intelligent Transport System Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Intelligent transportation system (ITS) is advanced application which aim to deliver innovative services relating to different modes of transport and traffic management. ITS enable users to be better informed and ...

March 2017 | $7695 | Pre Book Price:$6734

Forklift Truck Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Fork lift truck or fork truck is an industrial truck which is powered to lift and transport materials in warehouses, shipping depots, manufacturing and many others. After the World War ...

March 2017 | $7695 | Pre Book Price:$6734

E-Commerce Logistics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

E-commerce logistics have evolved substantially globally over the last few years. Customer preferences are changing by experiences they have made with innovative business areas. The new requirements primarily consist of ...

March 2017 | $7695 | Pre Book Price:$6734

Automotive Turbocharger Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Automotive turbocharger market is expected to witness rapid growth in the coming years supported by its rising application in automotive sector. OEM and aftermarket are the main application areas where ...

March 2017 | $7695 | Pre Book Price:$6734

World Automotive Camera & Camera Module Market - Opportunities and Forecasts, 2015 - 2020

Automotive camera is a camera installed at front side, rear side, or inside a vehicle for safety purposes. Camera modules contain image sensors that are coupled with electronics components in ...

July 2017 | $5370 | Pre Book Price:$4699

World Composite Materials Market - Opportunities and Forecasts, 2015 - 2020

Composite materials are materials composed of two or more fibers and polymers. These materials enhance the efficiency of vehicle by reducing its overall weight. Composite materials reduce emission of greenhouse ...

July 2017 | $5370 | Pre Book Price:$4699

2017 © Copyright Big Market Research

View Pricing >>