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

 Published On: Jan, 2018 |    No of Pages: 150 |  Published By: MarketsandMarkets | Format: PDF
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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.
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 PACKAGE SIZE 18
1.6 LIMITATIONS 18
1.7 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.2 SECONDARY DATA 21
2.3 PRIMARY DATA 21
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 22
2.3.2 PRIMARY PARTICIPANTS 22
2.4 DATA TRIANGULATION 23
2.5 FACTOR ANALYSIS 24
2.5.1 INTRODUCTION 24
2.5.2 DEMAND-SIDE ANALYSIS 24
2.5.2.1 Growth in luxury vehicle sales 24
2.5.2.2 Increase in demand for HEV & PHEV vehicles 25
2.5.3 SUPPLY-SIDE ANALYSIS 26
2.5.3.1 OEMs focus on safety, convenience, and comfort systems in vehicles 26
2.5.3.2 Technological advancements in vehicle safety and security 26
2.6 MARKET SIZE ESTIMATION 27
2.7 ASSUMPTIONS 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE OPPORTUNITIES IN THE VOICE RECOGNITION SYSTEM MARKET 36
4.2 VOICE RECOGNITION SYSTEM MARKET SHARE, BY COUNTRY 37
4.3 VOICE RECOGNITION SYSTEM MARKET, BY APPLICATION 37
4.4 VOICE RECOGNITION SYSTEM MARKET, BY FUEL TYPE 38
4.5 VOICE RECOGNITION SYSTEM MARKET, BY END-USER 38
4.6 VOICE RECOGNITION SYSTEM MARKET, BY TECHNOLOGY 39
4.7 VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING 39
4.8 VOICE RECOGNITION SYSTEM MARKET, BY REGION 40
5 MARKET OVERVIEW 41
5.1 INTRODUCTION 41
5.2 MARKET DYNAMICS 42
5.2.1 DRIVERS 42
5.2.1.1 Extended use of smartphone environment in cars 42
5.2.1.2 Rise in trend of connected vehicles and level of autonomous driving 43
5.2.1.3 Integration of technology to support centralized function 45
5.2.2 RESTRAINTS 46
5.2.2.1 High cost of high-end voice recognition system 46
5.2.2.2 Oligopoly in the development of voice recognition technology using neural network restricting its usage for cloud-based services 46
5.2.3 OPPORTUNITIES 47
5.2.3.1 Voice recognition system can extend to integrated personal assistant system 47
5.2.3.2 Advent of concept cars and electric vehicles in the auto industry 47
5.2.3.3 High growth potential in emerging markets 47
5.2.3.4 New prospect for data-driven services 48
5.2.4 CHALLENGES 48
5.2.4.1 Data Security Concerns 48
5.2.4.2 Designing a user-friendly system to mitigate the driver distraction factor 49
5.2.4.3 Language and vernacular translation issues 50
5.3 MACRO INDICATOR ANALYSIS 50
5.3.1 INTRODUCTION 50
5.3.1.1 Premium segment luxury passenger cars 50
5.3.1.2 GDP (USD billion) 50
5.3.1.3 GNP per capita, atlas method (USD) 51
5.3.1.4 GDP per capita PPP (USD) 51
5.3.2 MACRO INDICATORS INFLUENCING THE VOICE RECOGNITION SYSTEM MARKET FOR TOP 3 COUNTRIES 51
5.3.2.1 US 51
5.3.2.2 Germany 52
5.3.2.3 Japan 52
6 TECHNOLOGICAL OVERVIEW 53
6.1 INTRODUCTION 53
6.2 TIMELINE: AUTOMOTIVE VOICE RECOGNITION SYSTEM 54
6.3 ARCHITECTURE: VOICE RECOGNITION SYSTEM 55
6.4 TECHNOLOGY OUTLOOK 57

7 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY APPLICATION 58
7.1 INTRODUCTION 59
7.2 ARTIFICIAL INTELLIGENCE 61
7.3 NON-ARTIFICIAL INTELLIGENCE 62
8 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY TECHNOLOGY 63
8.1 INTRODUCTION 64
8.2 EMBEDDED 66
8.3 HYBRID 67
9 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER 68
9.1 INTRODUCTION 69
9.2 ECONOMY VEHICLES 71
9.3 MID-PRICE VEHICLES 72
9.4 LUXURY VEHICLES 73
10 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY FUEL TYPE 74
10.1 INTRODUCTION 75
10.2 BATTERY ELECTRIC VEHICLE (BEV) 77
10.3 INTERNAL COMBUSTION ENGINE (ICE) 78
10.4 OTHERS (HYBRID VEHICLES) 79
11 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY REGION 81
11.1 INTRODUCTION 82
11.2 ASIA PACIFIC 86
11.2.1 CHINA 89
11.2.2 INDIA 91
11.2.3 JAPAN 92
11.2.4 SOUTH KOREA 93
11.2.5 REST OF ASIA PACIFIC 94
11.3 EUROPE 95
11.3.1 FRANCE 97
11.3.2 GERMANY 98
11.3.3 ITALY 99
11.3.4 UK 100
11.3.5 SPAIN 101
11.3.6 REST OF EUROPE 102
11.4 NORTH AMERICA 103
11.4.1 CANADA 106
11.4.2 MEXICO 107
11.4.3 US 108

11.5 REST OF THE WORLD 109
11.5.1 BRAZIL 111
11.5.2 RUSSIA 112
11.5.3 SOUTH AFRICA 113
12 COMPETITIVE LANDSCAPE 114
12.1 OVERVIEW 114
12.2 MARKET RANKING ANALYSIS 115
12.3 COMPETITIVE SCENARIO 116
12.3.1 NEW PRODUCT DEVELOPMENTS 116
12.3.2 MERGERS & ACQUISITIONS 117
12.3.3 PARTNERSHIPS/SUPPLY CONTRACTS/COLLABORATIONS/JOINT VENTURES/LICENSE AGREEMENTS 118
13 COMPANY PROFILES 119
(Business overview, Products offered, Recent developments, MNM view, SWOT analysis)*
13.1 NUANCE 119
13.2 MICROSOFT 122
13.3 ALPHABET 125
13.4 HARMAN 128
13.5 APPLE 131
13.6 SENSORY 134
13.7 VOICEBOX 135
13.8 INAGO 137
13.9 LUMENVOX 138
13.10 VOCALZOOM 139
*Business overview, Products offered, Recent developments, MNM view, SWOT analysis might not be captured in case of unlisted companies.
14 APPENDIX 140
14.1 KEY INSIGHTS BY INDUSTRY EXPERTS 140
14.2 DISCUSSION GUIDE 141
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 144
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 146
14.5 AVAILABLE CUSTOMIZATIONS 147
14.5.1 COUNTRY LEVEL ANALYSIS OF VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER 147
14.5.2 COMPANY INFORMATION 147
14.5.2.1 Profiling of additional market players (Up to 3) 147
14.6 RELATED REPORTS 147
14.7 AUTHOR DETAILS 148   

LIST OF TABLES
TABLE 1 CURRENCY EXCHANGE RATES (PER USD) 17
TABLE 2 AUTOMOTIVE APPLICATION FEATURES RELATED TO SAFETY, COMFORT, & ASSISTANCE 26
TABLE 3 ADVANTAGES AND LIMITATIONS OF SMARTPHONE ENVIRONMENT IN THE VEHICLE 43
TABLE 4 AUTONOMOUS DRIVING ATTEMPTS AMONG VEHICLE MANUFACTURERS 44
TABLE 5 USER AND VEHICLE DATA 49
TABLE 6 FACTORS OVERCOME BY VOICE RECOGNITION SYSTEM 49
TABLE 7 INTERFERENCE SOURCES IN VOICE RECOGNITION SYSTEM 56
TABLE 8 VOICE RECOGNITION SYSTEM MARKET SIZE, BY APPLICATION, 2016–2025 (USD MILLION) 60
TABLE 9 AI: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (USD MILLION) 61
TABLE 10 NON-AI: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (USD MILLION) 62
TABLE 11 VOICE RECOGNITION SYSTEM MARKET SIZE, BY TECHNOLOGY, 2016–2025 (’000 UNITS) 65
TABLE 12 EMBEDDED: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (’000 UNITS) 66
TABLE 13 HYBRID: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (’000 UNITS) 67
TABLE 14 VOICE RECOGNITION SYSTEM MARKET SIZE, BY END-USER, 2016–2025 (’000 UNITS) 70
TABLE 15 VOICE RECOGNITION SYSTEM MARKET SIZE, BY END-USER, 2016–2025 (USD MILLION) 70
TABLE 16 ECONOMY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (’000 UNITS) 71
TABLE 17 ECONOMY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (USD MILLION) 71
TABLE 18 MID-PRICED VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (’000 UNITS) 72
TABLE 19 MID-PRICED VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (USD MILLION) 72
TABLE 20 LUXURY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (’000 UNITS) 73
TABLE 21 LUXURY VEHICLES: VOICE RECOGNITION SYSTEM MARKET SIZE, BY REGION, 2016–2025 (USD MILLION) 73
TABLE 22 VOICE RECOGNITION SYSTEM MARKET, BY FUEL TYPE, 2016–2025 (‘000 UNITS) 76
TABLE 23 VOICE RECOGNITION SYSTEM MARKET, BY FUEL TYPE, 2016–2025 (USD MILLION) 76
TABLE 24 BEV: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (‘000 UNITS) 77
TABLE 25 BEV: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (USD MILLION) 77
TABLE 26 ICE: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (‘000 UNITS) 78
TABLE 27 ICE: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (USD MILLION) 78
TABLE 28 OTHERS: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (‘000 UNITS) 79
TABLE 29 OTHERS: VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (USD MILLION) 80
TABLE 30 VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (’000 UNITS) 83
TABLE 31 VOICE RECOGNITION SYSTEM MARKET, BY REGION, 2016–2025 (USD MILLION) 84
TABLE 32 VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 85
TABLE 33 VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 85
TABLE 34 ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (’000 UNITS) 88
TABLE 35 ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION) 88
TABLE 36 ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 89
TABLE 37 ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 89
TABLE 38 CHINA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 90
TABLE 39 CHINA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 90
TABLE 40 INDIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 91
TABLE 41 INDIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 91
TABLE 42 JAPAN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 92
TABLE 43 JAPAN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 92
TABLE 44 SOUTH KOREA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 93
TABLE 45 SOUTH KOREA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 93
TABLE 46 REST OF ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 94
TABLE 47 REST OF ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 94
TABLE 48 EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (’000 UNITS) 96
TABLE 49 EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION) 96
TABLE 50 EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 97
TABLE 51 EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 97
TABLE 52 FRANCE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 97
TABLE 53 FRANCE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 98
TABLE 54 GERMANY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 98
TABLE 55 GERMANY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 99
TABLE 56 ITALY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 99
TABLE 57 ITALY: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 100
TABLE 58 UK: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 100
TABLE 59 UK: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 101
TABLE 60 SPAIN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 101
TABLE 61 SPAIN: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 102
TABLE 62 REST OF EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 102
TABLE 63 REST OF EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 103
TABLE 64 NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (’000 UNITS) 105
TABLE 65 NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION) 105
TABLE 66 NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 105
TABLE 67 NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 106
TABLE 68 CANADA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 106
TABLE 69 CANADA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 106
TABLE 70 MEXICO: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 107
TABLE 71 MEXICO: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 107
TABLE 72 US: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 108
TABLE 73 US: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 108
TABLE 74 REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (’000 UNITS) 109
TABLE 75 REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION) 110
TABLE 76 REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 110
TABLE 77 REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 110
TABLE 78 BRAZIL: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 111
TABLE 79 BRAZIL: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 111
TABLE 80 RUSSIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 112
TABLE 81 RUSSIA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 112
TABLE 82 SOUTH AFRICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (’000 UNITS) 113
TABLE 83 SOUTH AFRICA: VOICE RECOGNITION SYSTEM MARKET, BY LEVEL OF AUTONOMOUS DRIVING, 2016–2025 (USD MILLION) 113
TABLE 84 NEW PRODUCT DEVELOPMENT, 2016–2017 116
TABLE 85 MERGERS & ACQUISITIONS, 2016–2017 117
TABLE 86 PARTNERSHIPS/SUPPLY CONTRACTS/COLLABORATIONS/JOINT VENTURES/AGREEMENTS, 2016–2017 118   

LIST OF FIGURES
FIGURE 1 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE: SEGMENTATIONS COVERED 16
FIGURE 2 RESEARCH DESIGN 19
FIGURE 3 RESEARCH METHODOLOGY MODEL 20
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION 21
FIGURE 5 GLOBAL LUXURY VEHICLE Y-O-Y SALES GROWTH (2011–2015) 25
FIGURE 6 HEV & PHEV SALES DATA (2016 VS 2021) 25
FIGURE 7 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER: BOTTOM-UP APPROACH 27
FIGURE 8 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY LEVEL OF AUTONOMOUS DRIVING: TOP-DOWN APPROACH 28
FIGURE 9 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY TECHNOLOGY, 2017 VS. 2025 31
FIGURE 10 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY APPLICATION, 2017 VS. 2025 31
FIGURE 11 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER, 2017 VS. 2025 32
FIGURE 12 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY LEVEL OF AUTONOMOUS DRIVING, 2017 VS. 2025 33
FIGURE 13 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY FUEL TYPE, 2017 VS. 2025 34
FIGURE 14 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2017 VS. 2025 35
FIGURE 15 GROWING TREND OF CONNECTED VEHICLES AND INCREASING LEVEL OF AUTOMATION TO BOOST THE GROWTH OF THE VOICE RECOGNITION SYSTEM MARKET FROM 2017 TO 2025 36
FIGURE 16 CHINA TO BE THE FASTEST GROWING MARKET FOR VOICE RECOGNITION SYSTEMS, BY VALUE, FROM 2017 TO 2025 37
FIGURE 17 ARTIFICIAL INTELLIGENCE (AI)-BASED VOICE RECOGNITION SYSTEM TO HAVE THE LARGEST MARKET SIZE BY 2025 37
FIGURE 18 ICE VEHICLE SEGMENT TO HAVE THE LARGEST MARKET SIZE FOR VOICE RECOGNITION SYSTEMS, 2017 VS. 2025 38
FIGURE 19 LUXURY PASSENGER CAR SEGMENT TO HAVE THE LARGEST MARKET SIZE FOR VOICE RECOGNITION SYSTEMS, 2017 VS. 2025 38
FIGURE 20 HYBRID VOICE RECOGNITION SYSTEM TO HOLD THE LARGEST MARKET SHARE OF VOICE RECOGNITION SYSTEMS, 2017 VS. 2025 39
FIGURE 21 CONVENTIONAL VEHICLE SEGMENT TO HAVE THE LARGEST MARKET SHARE FOR VOICE RECOGNITION SYSTEMS, 2017 VS. 2025 39
FIGURE 22 ASIA PACIFIC TO BE THE LARGEST MARKET FOR VOICE RECOGNITION SYSTEMS, 2017 VS. 2025 40
FIGURE 23 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE: MARKET DYNAMICS 42
FIGURE 24 US: RISING GNI PER CAPITA EXPECTED TO DRIVE THE SALES OF LUXURY VEHICLES DURING THE FORECAST PERIOD 51
FIGURE 25 GERMANY: RISING GDP IS LIKELY TO HAVE HIGH IMPACT ON PREMIUM CAR SALES 52
FIGURE 26 JAPAN: GROSS NATIONAL INCOME IS EXPECTED TO PLAY A CRUCIAL ROLE IN BOOSTING THE AUTOMOTIVE MARKET 52
FIGURE 27 AUTOMOTIVE VOICE RECOGNITION MARKET FOR AUTOMOTIVE: TECHNOLOGY OUTLOOK 57
FIGURE 28 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY APPLICATION, 2017 VS 2025 (USD MILLION) 60
FIGURE 29 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY TECHNOLOGY, 2017 VS 2025 (’000 UNITS) 65
FIGURE 30 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY END-USER, 2017 VS 2025 (USD MILLION) 69
FIGURE 31 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY FUEL TYPE, 2017 VS. 2025 ('000 UNITS) 75
FIGURE 32 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2017 VS 2025 (USD MILLION) 83
FIGURE 33 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE, BY LEVEL OF AUTONOMOUS DRIVING, 2017 VS 2025 ('000 UNITS) 84
FIGURE 34 ASIA PACIFIC: VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE SNAPSHOT 87
FIGURE 35 EUROPE: VOICE RECOGNITION SYSTEM MARKET, BY COUNTRY, 2017 VS 2025 (‘000 UNITS) 95
FIGURE 36 NORTH AMERICA: VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE SNAPSHOT 104
FIGURE 37 REST OF THE WORLD: VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE SNAPSHOT 109
FIGURE 38 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE AUTOMOTIVE VOICE RECOGNITION SYSTEM MARKET, 2012–2017 114
FIGURE 39 VOICE RECOGNITION SYSTEM MARKET FOR AUTOMOTIVE RANKING: 2017 115
FIGURE 40 COMPANY SNAPSHOT: NUANCE 119
FIGURE 41 COMPANY SNAPSHOT: MICROSOFT 122
FIGURE 42 COMPANY SNAPSHOT: ALPHABET 125
FIGURE 43 COMPANY SNAPSHOT: HARMAN 128
FIGURE 44 COMPANY SNAPSHOT: APPLE 131

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