Global Automotive Personal Assistant System Market 2017-2021

  • ID: 4143798
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Alpine Electronics
  • Audi
  • BMW
  • Bosch
  • Continental
  • Nuance Communications
  • MORE
About Automotive Personal Assistant System

Modern vehicles are equipped with intelligent personal assistant systems to assess the vehicles' condition, avert potential hazards during driving, alert drivers proactively in the case of imminent dangers, estimate drivers' workload and driving patterns, and perform various other tasks. Automotive personal assistant systems perform these tasks based on inputs from multiple electronic components and associated systems deployed in the vehicles.

The analysts forecast the global automotive personal assistant system market to grow at a CAGR of 31.57% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive personal assistant system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Automotive Personal Assistant System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Nuance Communications
- Bosch
- BMW
- Tata Motors

Other prominent vendors
- Infotainment
- Telematics
- Voice recognition
- Connected cars
- Software system

Market drivers
- Economies of scale enjoyed by the consumer electronics industry.
- For a full, detailed list, view the full report

Market challenges
- Design complexity and technological hinges.
- For a full, detailed list, view the full report

Market trends
- Voice biometrics to offer a personalized driving experience.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alpine Electronics
  • Audi
  • BMW
  • Bosch
  • Continental
  • Nuance Communications
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Overview
  • Difference between ADAS and personal assistant systems
  • Opportunities for service providers
  • Value chain analysis
PART 05: Market landscape
  • Market overview
  • Market size and forecast
PART 06: Five forces analysis

PART 07: Geographical segmentation
  • The Americas
  • EMEA
  • APAC
PART 08: Market drivers
  • Economies of scale enjoyed by the consumer electronics industry
  • Increased demand for connectivity in vehicles
  • Government intervention to increase in-vehicle safety and improvement in safety controls
  • Embedded connectivity in BRIC nations
  • Rise in the adoption of autonomy in vehicles
PART 09: Market challenges
  • Design complexity and technological hinges
  • Potential security breach
  • Prioritization of content
  • Rapid changes in technology and the associated cost
PART 10: Market trends
  • Voice biometrics to offer a personalized driving experience
  • Adoption of the Android operating system in the automotive industry
  • Big data platform providing a huge scope for the automotive personal assistant system market
  • OEMs to use artificial intelligence to enhance VR-based personal assistant systems
PART 11: Vendor landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • Nuance Communications
  • Bosch
  • BMW
  • Tata Motors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Value chain analysis of automotive personal assistant system market
Exhibit 02: Global automotive personal assistant system market 2016-2021 (in million units)
Exhibit 03: Five forces analysis
Exhibit 04: Automotive personal assistant system market by geography 2016 (in million units)
Exhibit 05: Automotive personal assistant system market by geography 2021 (in million units)
Exhibit 06: Unit shipment of personal assistant system market 2016-2021 (in million units)
Exhibit 07: Automotive personal assistant system market in the Americas 2016-2021 (in million units)
Exhibit 08: Automotive personal assistant system market in EMEA 2016-2021 (in million units)
Exhibit 09: Automotive personal assistant system market in APAC 2016-2021 (in million units)
Exhibit 10: Unit shipment of smartphones 2016-2021 (in million units)
Exhibit 11: BRIC countries connectivity solutions brief
Exhibit 12: Autonomy timeline projections
Exhibit 13: Levels of autonomy in the automotive industry - SAE/ NHTSA
Exhibit 14: Bosch: Business segmentation by revenue 2015
Exhibit 15: Bosch: Geographical segmentation by revenue 2015
Exhibit 16: Product portfolio: Bosch
Exhibit 17: BMW: Geographical segmentation by automotive sales 2015
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FEATURED COMPANIES

  • Alpine Electronics
  • Audi
  • BMW
  • Bosch
  • Continental
  • Nuance Communications
  • MORE
New Report Released: – Global Automotive Personal Assistant System Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive personal assistant system market: Nuance Communications, Bosch, BMW, and Tata Motors.

Other Prominent Vendors in the market are: Alpine Electronics, Continental, Voicebox Technologies, Audi, and Wipro.

Commenting on the report, an analyst from the research team said: “One trend in market is voice biometrics to offer a personalized driving experience. Nuance Communication's Dragon Drive platform features advanced voice biometrics capabilities that can be used by its automotive personal assistance system. The platform, which was unveiled in 2014, is a connected car system and brought VR-enabled automotive personal assistant systems firmly into the realm of the Internet of Things. The Dragon Drive uses its VR capabilities to correctly identify the driver of a car and provides a tailor-made experience to the driver by customizing the services per his or her previously saved experiences (Dragon Drive learns with each successful or failed task and adds a note to the user's VR settings file accordingly, like the way Apple's Siri performs its tasks).”

According to the report, one driver in market is economies of scale enjoyed by the consumer electronics industry. Hardware cost is a primary concern for automotive OEMs. However, by keeping a close eye on the consumer electronics industry, these OEMs can adopt new technologies in a cost-effective way. This is because the consumer electronics industry enjoys economies of scale, and economies of scale play an important role in leveraging the usage of any technology. When any technology is adopted by the consumer electronics industry, the price of the technology falls due to large scale production. The decrease in price benefits the automotive industry. For instance, a decrease in the price of liquid crystal display (LCD) panels due to their wide adoption in smartphones, which are shipped in millions, has decreased the cost of automotive infotainment systems in which these panels are used.

Further, the report states that one challenge in market is design complexity and technological hinges. The automotive industry has seen the adoption of diverse applications ranging from radio/audio applications in the past to driver assistance systems in the recent past. In addition, advances in technology and the demand for connectivity have made the automotive telematics industry extremely sophisticated, leading to the emergence of several applications. This has made the process of designing a system to manage these applications extremely complex. The number of software solutions needed for each application has further complicated the process. Thus, designing a user interface that is affordable, less distracting, simple, and accessible is a major challenge faced by the vendors in the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Nuance Communications
  • Bosch
  • BMW
  • Tata Motors
  • Alpine Electronics
  • Continental
  • Voicebox Technologies
  • Audi
  • Wipro
Note: Product cover images may vary from those shown
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