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Article: Strategy Analytics: Look Who's Talking Now--Automotive Voice Recognition Taking Hold.
- Article from:
- Business Wire
- Article date:
- March 31, 2005
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BOSTON -- Voice Recognition Market Penetration Up Nearly 40 Percent by 2010
The latest Strategy Analytics telematics report, "Automotive Voice Technology Market Outlook 2005," reveals that nearly 50.3 million vehicles will have Voice Recognition Technology (VRT) communications systems by 2010, representing a significant 30 to 40 percent market penetration. This technology will assist with various functions, from dialing a cell phone and controlling the radio, to programming navigation systems and requesting emergency service.
According to Strategy Analytics, automotive manufacturers' in-vehicle product development and marketing strategies would benefit ...