|[July 07, 2014]
Research and Markets: Global Automotive Voice Recognition Market 2014-2018 with LumenVox, Nuance Communications, Sensory & VoiceBox Technologies Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/g28rg3/global_automotive)
has announced the addition of the "Global
Automotive Voice Recognition Market 2014-2018" report to their
The Global Automotive Voice Recognition market will grow at a CAGR of
10.59% to 2018
The increasing growth of human-machine interface and booming voice
biometrics technology are the main drivers of the market.
Convenience and affordability are driving the Automotive industry.
Telematics and infotainment systems are now popular in Low-end Car
segments. With the Voice Recognition market expanding in Asia, the
demand for low-cost infotaiment and telematics solutions is also
growing. Affordable solutions such as Ford Sync, a hands-free
communications and entertainment system, and Fiat Blue&Me, an
infotelematic platform, are catering to this demand. It is expected that
the Voice Recognition market will grow and become more popular during
the period 2014-2018.
Further, the report states that customers who are unwilling to adopt new
technology are inhibiting market growth. Speaker-dependent variations in
speech can hinder consistent performance of the speech recognition
system; also, the complexity of noise filtering due to BSRs results in
inaccuracies in voice capturing.
LumenVox (News - Alert) LLC
Nuance Communications Inc.
VoiceBox Technologies Inc.
Key Topics Covered:
List of Abbreviations
Scope of the Report
Market Research Methodology
Market Growth Drivers
Drivers and their Impact
Impact of Drivers and Challenges
Trends and their Impact
Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/g28rg3/global_automotive
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