Automotive Virtual Assistant Device Industry 2017 Market 2022: Key Trends, Drivers and Profile Analysis Forecast
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<strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> <strong>Market</strong><br />
Research <strong>2017</strong> <strong>Drivers</strong>, Feature <strong>Trends</strong> <strong>and</strong><br />
Applications to <strong>2022</strong><br />
“Commercial driving factors responsible for the<br />
growth of automotive virtual assistant devices<br />
market include rising proliferation of smartphones,<br />
rise in adoption of virtual assistant devices in large<br />
enterprises <strong>and</strong> enhanced user interaction with<br />
smartphones. Also, the rise in automation is likely to<br />
add to the market growth in the forthcoming years.”<br />
Global <strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> <strong>Market</strong> is expected to grow at a significant CAGR in the forthcoming years.<br />
A virtual assistant is a software that interacts with end-user through natural language under particular environments,<br />
that offers information or services as a context identical to human processes. An automotive virtual assistant device is<br />
a must in a self-drive car <strong>and</strong> is expected to reach to the highest level of robotics. Artificial intelligence (AI) for<br />
automotive applications comprise virtual digital assistants deploying artificial intelligence system.<br />
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These systems significantly use data <strong>and</strong> algorithms to imitate cognitive functions of the human mind <strong>and</strong> also include<br />
the learning capabilities <strong>and</strong> problem solving independently. Artificial intelligence is not confined to autonomous<br />
driving. By deploying artificial intelligence suppliers <strong>and</strong> automakers comprehend the AI engines can also be used in<br />
making the car more comfortable for driver as well as passenger. Commercial driving factors responsible for the growth<br />
of automotive virtual assistant devices market include rising proliferation of smartphones, rise in adoption of virtual<br />
assistant devices in large enterprises <strong>and</strong> enhanced user interaction with smartphones. Also, the rise in automation is<br />
likely to add to the market growth in the forthcoming years.<br />
Based on segmentation by technology, automation virtual assistant device market includes text to speech, gesture<br />
recognition, speech recognition <strong>and</strong> voice recognition. Based on segmentation by application, automation virtual<br />
assistant device market includes navigation control <strong>and</strong> entertainment. Based on segmentation by end-user,<br />
automation virtual assistant device market includes automotive, healthcare, BFSI, e-commerce <strong>and</strong> retail.<br />
Geographically, <strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> <strong>Market</strong> spans North America, Latin America, Europe, Asia-Pacific,<br />
Middle-East <strong>and</strong> Africa. APAC market dominates the global market owing to advanced technology <strong>and</strong> presence of<br />
manufacturing units. North America <strong>and</strong> Europe market are also expected to rise at a higher CAGR in the forthcoming<br />
years. MEA regions are also expected to grow in the forthcoming years owing to growth in automation <strong>and</strong> advanced<br />
devices.<br />
The key players in the <strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> <strong>Market</strong> include Nuance Communications, Speaktoit, Next<br />
IT Corporation, Artificial Solutions, CX Company, 24/7 Customer Inc, Anboto, Continental AG, Clara Labs, Creative<br />
Visual, eGain Communications, Google, Delphi <strong>Automotive</strong>, International Business Machines Corporation, Apple <strong>and</strong><br />
Microsoft Corporation.<br />
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<strong>Market</strong> Segment:<br />
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million<br />
USD), market share <strong>and</strong> growth rate of <strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> in these regions, from 2012 to <strong>2022</strong><br />
(forecast), covering<br />
• United States<br />
• EU<br />
• China<br />
• Japan<br />
• South Korea<br />
• India<br />
Global <strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> market competition by top manufacturers, with production, price,<br />
revenue (value) <strong>and</strong> market share for each manufacturer; the top players including<br />
• Nuance Communications<br />
• Next IT Corporation<br />
• Speaktoit<br />
• Artificial Solutions<br />
• Continental AG<br />
• Google<br />
• Delphi <strong>Automotive</strong><br />
• International Business Machines Corporation<br />
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On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong> growth rate of each<br />
type, primarily split into<br />
• By Type<br />
• Text to Speech<br />
• Gesture Recognition<br />
• Speech Recognition<br />
• By Operation Type<br />
• Real Time<br />
• Location Base<br />
• Cognitive<br />
• By Vehicle Type<br />
• Passenger Vehicle<br />
• Light Commercial Vehicle<br />
• Heavy Commercial Vehicle<br />
On the basis on the end users/applications, this report focuses on the status <strong>and</strong> outlook for major applications/end<br />
users, consumption (sales), market share <strong>and</strong> growth rate of <strong>Automotive</strong> <strong>Virtual</strong> <strong>Assistant</strong> <strong>Device</strong> for each<br />
application, including<br />
• Navigation Control<br />
• Entertainment<br />
• Others<br />
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