Automotive Voice Recognition System Market Report 2018. Global Automotive Voice Recognition System Market for Automotive Information Report by Vehicle Type (Passenger Vehicle and Commercial Vehicle) Technology (Embedded and Hybrid), Application (AI and Non-AI) and by Regions - Global Forecast To 2023.

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The key players of global Automotive Voice Recognition System Market for Automotive are Nuance (US), Microsoft (US), Alphabet (US), Harman (US), Apple (US), BMW (Germany), Daimler (Germany), and Ford (US). In 2016, these companies accounted for a share of XX% of the global market.

The market for voice recognition for automotive systems is expected to grow with an increase in demand for automobiles, majorly in North America. There is an immense demand of commercial vehicles in the United States. With the increase in demand for commercial vehicles there has been an increase in demand for Automotive Voice Recognition System Market for Automotive. The growth of the North America region is due to the presence of major automotive system manufacturers, which are mainly focusing on key developments such as expansion, mergers & acquisition, product launch and others. Moreover, spending considerable time in Vehicles by the people generates the need for adoption of advanced technologies, such as Automotive Voice Recognition System Market for Automotive systems. Owing to all these factors, the growth of the region is expected to grow at a rapid pace.

Asia Pacific market for voice recognition for automotive is one of the other leading markets in voice recognition for the automotive market. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, emerging economies, shifting of global players and technological advancements. Another major reason behind APAC leading, globally, is that the countries within this region were able to sustain their economies during the global economic crisis of 2008-09. They are capable of showcasing continued growth in automobile production and sales, across the globe. Rising purchasing power of individuals in the Asia Pacific region also welcomes the increase in demand of the market. There has been a significant influx of technology in the Asia Pacific region. Still, the lack of major market players, and underdeveloped automotive infrastructure have resulted in alienating certain geographies, particularly the African and Middle East region.

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