Research and Markets: Global Automotive Voice Recognition Market 2014-2018 with LumenVox, Nuance Communications, Sensory & VoiceBox Technologies Dominating
Ideas get bigger when you share them...
DUBLIN - July 7, 2014 (www.investorideas.com newswire) Research and Markets has announced the addition of the "Global Automotive Voice Recognition Market 2014-2018" report to their offering.
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 infotainment 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 LLC
- Nuance Communications Inc.
- Sensory Inc.
- VoiceBox Technologies Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Technology Overview
- Market Landscape
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/g28rg3/global_automotive
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Telematics and Vehicle Electronics
Research Biometric stocks at Investorideas.com - Biometrics Stocks, Security Stocks, Facial Recognition, Fingerprint Recognition, Voice Recognition, Iris Recognition
This news is published on the Investorideas.com Newswire and its syndicated partner network
Get free news alerts:
Sign up here
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news as well as creates original content as a news source. Original content created by investor ideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and global syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions and advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.