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.
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/g28rg3/global_automotive
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