Automotive Voice Recognition System Market Size & Forecast 2026

Report Description

Backed by growing demand for connected vehicles, the global automotive voice recognition system market is projected to grow at a CAGR of around 20% by 2026 that valued over USD13 billion in 2019. With continuous innovation in automotive technologies due to huge investment in research and development activities by OEMs and auto-tech companies, the adoption of voice recognition systems is expected to grow during the forecast period.

Based on vehicle type, the ICE segment is expected to remain the largest segment through 2026, however, the BEV segment is expected to witness the fastest growth in the coming years. Global automotive voice recognition system market is further categorized into end user segments - Economy Vehicles, Mid-Price Vehicles and Luxury Vehicles. Among these, mid-size vehicle segment accounts for majority of the market share as most of the vehicles equipped with voice recognition systems fall into mid-price category of $ 30,000 to $ 60,000. Moreover, integration of new technologies and rise in demand for enhanced comfort & convenience features is expected to continue driving the automotive voice recognition system market.

Globally, automotive voice recognition system market is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. North America is anticipated to continue its dominance in the global automotive voice recognition system market during the forecast period, owing to rising demand for connected vehicle in the US and Canada. Major players operating in the global automotive voice recognition market include Nuance Communications, Sound Hound, Harman, Inago, Vocalzoom, among others.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

To assess the demand-supply scenario of automotive voice recognition system which covers production, demand and supply of automotive voice recognition ystems,globally.
To analyze and forecast the market size of automotive voice recognition system market, globally.
To classify and forecast global automotive voice recognition system based on vehicle type, end-user and regional distribution.
To identify drivers and challenges for global automotive voice recognition system market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global automotive voice recognition system market.
To identify and analyze the profile of leading players involved in the manufacturing of global automotive voice recognition systems.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed manufacturers, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated global automotive voice recognition system market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

· Automotive voice recognition system manufacturers and other stkeholders

· Automobile OEMS

· Government bodies such as regulating authorities and policy makers

· Associations, organizations, forums and alliances related to voice recognition systems

· Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, global automotive voice recognition system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Market, by Vehicle Type:

o Battery Electric Vehicle (BEV)

o Internal Combustion Engine (ICE)

o Hybrid Vehicles

· Market, by End-User:

o Economy Vehicles

o Mid-Price Vehicles

o Luxury Vehicles

· Market, by Region:

o North America

§ United States

§ Canada

§ Mexico

o Asia Pacific

§ China

§ India

§ Japan

§ South Korea

§ Indonesia

§ Malaysia

o Europe & CIS

§ France

§ Germany

§ United Kingdom

§ Italy

§ Poland

§ Turkey

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East and Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive voice recognition market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Automotive Voice Recognition System Market

5. Voice of Customers

5.1. Product Awareness

5.2. Product Pricing

5.3. Brand Awareness

5.4. Factors Influencing Purchase Decision

6. Global Automotive Voice Recognition System Production Overview

7. Global Automotive Voice Recognition System Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type (Battery Electric Vehicle (BEV), Internal Combustion Engine (ICE) and Hybrid Vehicles)

7.2.2. By End-User (Economy Vehicles, Mid-Price Vehicles and Luxury Vehicles)

7.2.3. By Company

7.2.4. By Region

7.3. Market Attractiveness Index

8. North America Automotive Voice Recognition System Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Vehicle Type

8.2.2. By End User Type

8.2.3. By Country

8.3. Market Attractiveness Index

8.4. North America: Country Analysis

8.4.1. United States Automotive Voice Recognition System Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Vehicle Type

8.4.1.2.2. By End User

8.4.2. Canada Automotive Voice Recognition System Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Vehicle Type

8.4.2.2.2. By End User

8.4.3. Mexico Automotive Voice Recognition System Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Vehicle Type

8.4.3.2.2. By End User

9. Asia Pacific Automotive Voice Recognition System Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Vehicle Type

9.2.2. By End User Type

9.2.3. By Country

9.3. Market Attractiveness Index

9.4. Asia Pacific: Country Analysis

9.4.1. China Automotive Voice Recognition System Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Vehicle Type

9.4.1.2.2. By End User

9.4.2. South Korea Automotive Voice Recognition System Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Vehicle Type

9.4.2.2.2. By End User

9.4.3. Japan Automotive Voice Recognition System Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Vehicle Type

9.4.3.2.2. By End User

9.4.4. Malaysia Automotive Voice Recognition System Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value & Volume

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Vehicle Type

9.4.4.2.2. By End User

9.4.5. Indonesia Automotive Voice Recognition System Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value & Volume

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Vehicle Type

9.4.5.2.2. By End User

9.4.6. India Automotive Voice Recognition System Market Outlook

9.4.6.1. Market Size & Forecast

9.4.6.1.1. By Value & Volume

9.4.6.2. Market Share & Forecast

9.4.6.2.1. By Vehicle Type

9.4.6.2.2. By End User

10. Europe Automotive Voice Recognition System Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Vehicle Type

10.2.2. By End User Type

10.2.3. By Country

10.3. Market Attractiveness Index

10.4. Europe: Country Analysis

10.4.1. Germany Automotive Voice Recognition System Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Vehicle Type

10.4.1.2.2. By End User

10.4.2. United Kingdom Automotive Voice Recognition System Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Vehicle Type

10.4.2.2.2. By End User

10.4.3. France Automotive Voice Recognition System Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Vehicle Type

10.4.3.2.2. By End User

10.4.4. Poland Automotive Voice Recognition System Market Outlook

10.4.4.1. Market Size & Forecast

10.4.4.1.1. By Value & Volume

10.4.4.2. Market Share & Forecast

10.4.4.2.1. By Vehicle Type

10.4.4.2.2. By End User

10.4.5. Italy Automotive Voice Recognition System Market Outlook

10.4.5.1. Market Size & Forecast

10.4.5.1.1. By Value & Volume

10.4.5.2. Market Share & Forecast

10.4.5.2.1. By Vehicle Type

10.4.5.2.2. By End User

10.4.6. Turkey Automotive Voice Recognition System Market Outlook

10.4.6.1. Market Size & Forecast

10.4.6.1.1. By Value & Volume

10.4.6.2. Market Share & Forecast

10.4.6.2.1. By Vehicle Type

10.4.6.2.2. By End User

11. MEA Automotive Voice Recognition System Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Vehicle Type

11.2.2. By End User Type

11.2.3. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. UAE Automotive Voice Recognition System Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value & Volume

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Vehicle Type

11.4.1.2.2. By End User

11.4.2. Saudi Arabia Automotive Voice Recognition System Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value & Volume

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Vehicle Type

11.4.2.2.2. By End User

11.4.3. Qatar Automotive Voice Recognition System Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value & Volume

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Vehicle Type

11.4.3.2.2. By End User

11.4.4. South Africa Automotive Voice Recognition System Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value & Volume

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Vehicle Type

11.4.4.2.2. By End User

12. South America Automotive Voice Recognition System Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value & Volume

12.2. Market Share & Forecast

12.2.1. By Vehicle Type

12.2.2. By End User Type

12.2.3. By Country

12.3. Market Attractiveness Index

12.4. South America: Country Analysis

12.4.1. Brazil Automotive Voice Recognition System Market Outlook

12.4.1.1. Market Size & Forecast

12.4.1.1.1. By Value & Volume

12.4.1.2. Market Share & Forecast

12.4.1.2.1. By Vehicle Type

12.4.1.2.2. By End User

12.4.2. Argentina Automotive Voice Recognition System Market Outlook

12.4.2.1. Market Size & Forecast

12.4.2.1.1. By Value & Volume

12.4.2.2. Market Share & Forecast

12.4.2.2.1. By Vehicle Type

12.4.2.2.2. By End User

12.4.3. Colombia Automotive Voice Recognition System Market Outlook

12.4.3.1. Market Size & Forecast

12.4.3.1.1. By Value & Volume

12.4.3.2. Market Share & Forecast

12.4.3.2.1. By Vehicle Type

12.4.3.2.2. By End User

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends & Developments

15. Price Point Analysis

16. Policy & Regulatory

17. Competitive Landscape

17.1. Nuance Communications (U.S.)

17.2. SoundHound Inc

17.3. Harman

17.4. Inago

17.5. Vocalzoom

17.6. Lumenvox

17.7. Voicebox Technologies

17.8. Sensory

17.9. Mercedes-Benz mbux

17.10. Alphabet

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

Figure 1: Global Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 2: Global Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 3: Global Automotive Voice Recognition Market Share, By End-User, By Volume, 2016-2026F

Figure 4: Global Automotive Voice Recognition Market Share, By Company, By Volume, 2016-2026F

Figure 5: Global Automotive Voice Recognition Market Share, By Region, 2020

Figure 6: Global Automotive Voice Recognition Market Attractiveness Index, By Vehicle Type, By Volume, 2016-2026F

Figure 7: Global Automotive Voice Recognition Market Attractiveness Index, By End User, By Volume, 2016-2026F

Figure 8: Global Automotive Voice Recognition Market Attractiveness Index, By Region, By Volume, 2016-2026F

Figure 9: North America Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 10: North America Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 11: North America Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 12: North America Automotive Voice Recognition Market Share, By Country, By Volume, 2016-2026F

Figure 13: United States Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 14: United States Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 15: United States Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 16: Canada Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 17: Canada Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 18: Canada Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 19: Mexico Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 20: Mexico Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 21: Mexico Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 22: Asia-Pacific Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 23: Asia-Pacific Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 24: Asia-Pacific Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 25: Asia-Pacific Automotive Voice Recognition Market Share, By Country, By Volume, 2016-2026F

Figure 26: China Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 27: China Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 28: China Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 29: India Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 30: India Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 31: India Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 32: Japan Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 33: Japan Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 34: Japan Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 35: South Korea Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 36: South Korea Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 37: South Korea Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 38: Indonesia Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 39: Indonesia Korea Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 40: Indonesia Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 41: Malaysia Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 42: Malaysia Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 43: Malaysia Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 44: Europe & CIS Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 45: Europe & CIS Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 46: Europe & CIS Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 47: Europe & CIS Automotive Voice Recognition Market Share, By Country, By Volume, 2016-2026F

Figure 48: France Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 49: France Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 50: France Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 51: Germany Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 52: Germany Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 53: Germany Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 54: United Kingdom Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 55: United Kingdom Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 56: United Kingdom Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 57: Italy Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 58: Italy Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 59: Italy Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 60: Poland Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 61: Poland Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 62: Poland Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 63: Turkey Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 64: Turkey Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 65: Turkey Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 66: Middle East & Africa Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 67: Middle East & Africa Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 68: Middle East & Africa Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 69: Middle East & Africa Automotive Voice Recognition Market Share, By Country, By Volume, 2016-2026F

Figure 70: South Africa Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 71: South Africa Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 72: South Africa Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 73: UAE Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 74: UAE Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 75: UAE Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 76: Saudi Arabia Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 77: Saudi Arabia Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 78: Saudi Arabia Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 79: Qatar Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 80: Qatar Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 81: Qatar Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 82: South America Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 83: South America Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 84: South America Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 85: South America Automotive Voice Recognition Market Share, By Country, By Volume, 2016-2026F

Figure 86: Brazil Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 87: Brazil Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 88: Brazil Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 89: Argentina Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 90: Argentina Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 91: Argentina Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

Figure 92: Colombia Automotive Voice Recognition Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 93: Colombia Automotive Voice Recognition Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 93: Colombia Automotive Voice Recognition Market Share, By End User, By Volume, 2016-2026F

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