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New York Press Releases
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(NewYork.CityRegions.Com, October 20, 2015 ) Voice recognition is a software that has the ability to convert and decode human voice into speech easily understood by a computer. It is an ability of a machine to receive, understand, and dictate the spoken commands. Voice recognition is used for biometric security purposes to determine the voice of a particular person to grant or deny access. In the automotive sector, voice recognition is used in cars to control infotainment systems and for security purposes. In the US, most cars are already equipped with voice recognition; however, the demand for advanced technology that can be used for several other applications such as navigation is increasing.
Market analysts forecast the voice recognition market for the automotive sector in the US to grow at a CAGR of 7.36% over the period 2014-2019.
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Covered in this report This report covers the present scenario and the growth prospects of the voice recognition market for the automotive sector in the US for the period 2015-2019. The report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
To arrive at the market size, the number of automobiles with voice recognition feature is considered. Passenger cars that come under categories such as SUVs, crossovers, hatchbacks, and sedans are considered in the report. Large vehicles such as trucks are not included. The following automobile car manufacturers are considered in the report to calculate an average percentage of cars with voice recognition: BMW Fiat Chrysler Ford General Motors Honda Hyundai-Kia Nissan Subaru Toyota Volkswagen
Latest report, Voice Recognition Market for the Automotive Sector in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors Apple Google Nuance VoiceBox Technologies
Key market driver Need for driver safety For a full, detailed list, view our report
Key market challenge Inaccurate voice recognition system For a full, detailed list, view our report
Key market trend Use of biometrics for cars For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2019 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?
Browse Detail Report With TOC @ http://www.researchmoz.us/voice-recognition-market-for-the-automotive-sector-in-the-us-2015-2019-report.html
Table Of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market drivers PART 07: Impact of drivers PART 08: Market challenges PART 09: Impact of drivers and challenges PART 10: Market trends PART 11: Vendor landscape Competitive Scenario PART 12: Key vendor analysis Apple Google Nuance Communications VoiceBox Technologies PART 13: Appendix Automobiles with voice recognition List of abbreviations PART 14: Explore Technavio
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