International Automotive Voice and Speech Recognition System Market Growth with 4.31% CAGR by 2020 - Analysis, Technologies & Forecasts Research 2016-2020 - Key Vendors: Ford Motors,Microsoft,Mercedes-Benz
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  • International Automotive Voice and Speech Recognition System Market Growth with 4.31% CAGR by 2020 - Analysis, Technologies & Forecasts Research 2016-2020 - Key Vendors: Ford Motors,Microsoft,Mercedes-Benz

     



    (Transportation-News.com, December 08, 2016 ) Automotive Voice and Speech Recognition System Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Automotive Voice and Speech Recognition System market research report is a professional and in-depth study on the current state of Automotive Voice and Speech Recognition System Industry.

    Automotive Voice and Speech Recognition System Market to Grow at a CAGR of 4.31% by the period 2016-2020.

    Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Global Automotive Voice and Speech Recognition System market research report @ http://www.360marketupdates.com/10292805

    The Automotive Voice and Speech Recognition System Market research report covers the present scenario and the growth prospects of the global Automotive Voice and Speech Recognition System industry for 2016-2020.

    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.

    Key Vendors of Automotive Voice and Speech Recognition System Market:

    • Apple,

    • Ford Motors

    • Harman International

    • Mercedes-Benz

    • Microsoft

    • Nuance Communications

    • VocalZoom

    • Voicebox Technologies

    And many more…

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    Market Drivers of Automotive Voice and Speech Recognition System:

    • Regulatory and legal drivers to increase VR adoption

    • Technological drivers to enable VR use

    • Rising customer frustration with VR as a driver for further R&D in VR

    Market Challenge of Automotive Voice and Speech Recognition System:

    • Technological challenges with VR implementation

    • Consumer–VR interaction challenges

    • Issues with user experiences

    Market Trend of Automotive Voice and Speech Recognition System:

    • VR systems to become sub-modules of integrated assistant systems

    • Cloud-based VR systems to drive automotive telematics usage

    • OEMs to use AI to enhance VR systems: ASR to give way to natural speech recognition

    • Sonic curtains and virtual space cubes to eliminate noise and make VR systems more effective

    • Voice biometrics to offer a personalized driving experience

    • Automakers to bypass PLC timelines for VR systems

    Automotive Voice and Speech Recognition System market report provides key statistics on the market status of the Automotive Voice and Speech Recognition System manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Automotive Voice and Speech Recognition System industry.

    The Automotive Voice and Speech Recognition System market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the Automotive Voice and Speech Recognition System market. Automotive Voice and Speech Recognition System market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Automotive Voice and Speech Recognition System market demand and supply scenarios.

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    Geographical Regions of Automotive Voice and Speech Recognition System market:

    • Americas

    • APAC

    • EMEA

    Key questions answered in Automotive Voice and Speech Recognition System market report:

    · What are the key trends in Automotive Voice and Speech Recognition System market?

    · What are the Growth Challenges of this market?

    · What will the market size & growth be in 2020?

    · What are the key factors driving this market?

    · Who are the key vendors in this market space?

    · How key drivers and challenges impact this market?

    · What are the strengths and weaknesses of the key vendors?

    · What are the Automotive Voice and Speech Recognition System market opportunities, market risk and market overview for Automotive Voice and Speech Recognition System market?

    · How revenue of this Automotive Voice and Speech Recognition System market in previous & next coming years?

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    The report then estimates 2016-2020 market development trends of Automotive Voice and Speech Recognition System market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Automotive Voice and Speech Recognition System market before evaluating its feasibility.

    Price of Report: $2500 (Single User License)

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    Automotive Voice and Speech Recognition System Market Report Covered:

    · Scope of the Automotive Voice and Speech Recognition System market

    · Market research methodology

    · Market landscape

    · Market segmentation by type

    · Geographical segmentation

    · Automotive Voice and Speech Recognition System Market drivers

    · Market challenges

    · Market trends

    · Automotive Voice and Speech Recognition System Market Vendor landscape

    · Key vendor analysis

    List of Exhibits in Automotive Voice and Speech Recognition System market report:

    · Exhibit 01: Product offerings

    · Exhibit 02: Impact of drivers

    · Exhibit 03: Impact of drivers and challenges

    · Exhibit 04: Key countries in each region

    · Exhibit 05: Global Automotive Voice and Speech Recognition System market shares by geographies 2015

    · Exhibit 06: Global Automotive Voice and Speech Recognition System market shares by geographies 2020

    · Exhibit 07: Geographical segmentation by revenue 2015

    And continued…



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