Global Automotive Digital Assistant Market 2021-2026

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    GLOBAL AUTOMOTIVE DIGITAL ASSISTANT MARKET

     

    INTRODUCTION

    A digital assistant, sometimes characterized like a predictive chatbot, is a sophisticated computer software that mimics a conversation with its users, generally through the internet.

     

    Sophisticated artificial intelligence (AI), natural language generation, natural language comprehension, and machine learning are used by digital assistants to learn when they go and give a personalised, interactive experience.

     

    Algorithms may develop data models that discover patterns of behaviour and then enhance those patterns when data is supplied by combining past information such as buying preferences, house ownership, geography, family size, and so forth.

     

    A digital assistant gathers information from many sources and contextualises it. It can process what you’re saying or typing thanks to advanced natural language processing.

     

    infographic: Automotive Digital Assistant Market, Automotive Digital Assistant Market Size, Automotive Digital Assistant Market Trends, Automotive Digital Assistant Market Forecast, Automotive Digital Assistant Market Risks, Automotive Digital Assistant Market Report, Automotive Digital Assistant Market Share

     

    Advanced natural language understanding (NLU) enables it to interpret what you say or write and provide correct responses.

     

    Advanced NLU can comprehend complicated words, distinguish the many components of a multipart request or query, and provide an appropriate response.

     

    The most powerful digital assistants can process many chores and complicated queries in order to interact with you in an understandable manner.

     

    Based upon previous behaviours, these digital assistants employ AI and machine learning to comprehend and learn your preferences.

     

    They can utilise their knowledge of you to forecast your behaviour and provide recommendations based on your past experiences and preferences. Working with a digital assistant becomes a personalised experience customised in this way.

     

     

    GLOBAL AUTOMOTIVE DIGITAL ASSISTANT MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1                

    Maruti Suzuki launches the AI based Virtual / Digital Assistant Application – S Assist

    Maruti Suzuki India launched an AI (Artificial Intelligence) based 24×7 virtual car assistant app, called “S-Assist” for its Nexa customers. The scan and voice-enabled virtual car assistant, S-Assist, optimizes the application of artificial intelligence and machine learning to provide an immersive online post-purchase experience to customers. Global Scale This would enhance better Technologies and production

     

    infographic: Automotive Digital Assistant Market, Automotive Digital Assistant Market Size, Automotive Digital Assistant Market Trends, Automotive Digital Assistant Market Forecast, Automotive Digital Assistant Market Risks, Automotive Digital Assistant Market Report, Automotive Digital Assistant Market Share

     

    GLOBAL AUTOMOTIVE DIGITAL ASSISTANT MARKET DYNAMICS

     

    SI No Timeline Company Developments
    1  

    February 2022

     

    Continental

    Continental And Elektrobit Create Way For Automakers To Demo Alexa Custom Assistant In Real Vehicles.

     

    2 January 2022 Amazon Amazon and Stellantis have signed a deal to deliver software solutions for the Amsterdam-based car maker’s digital cabin platform
    4 February 2022 Microsoft Microsoft’s recent shopping spree reached a new climax this week with the announcement of its acquisition of Nuance, a company that provides speech recognition and conversational AI services.

     

    In-car AI voice assistants provide as a bridge between the end user as well as the car’s solutions and equipment, enabling drivers to receive data and perform activities while keeping their hands on the wheel.

     

    Voice recognition powered by AI is becoming an increasingly crucial component of connection. One of the chief factors OEMs are implementing in-car voice assistants is to stay up with changing customer behaviour.

     

    Currently, the majority of automobile accidents are caused by driver distraction, which can be caused by using mobile phones while driving, looking for a parking place, or looking for a gas station.

     

    The virtual assistant is critical in reducing crash risk. The digital assistant alerts the driver about nearby or upcoming places such as eateries or fuelling stations.

     

    It also advises the driver to keep a constant speed based on traffic circumstances. In terms of region, the Asia Pacific automotive digital assistant market is projected to lead in the coming years. OEMs are rapidly using this method in India and China.

     

    The rapid introduction of advanced technologies, such as smartphones and other mobile devices, is increasing human reliance on digitalization.

     

    Rising digitalization and automation have resulted in a desire for a virtual digital assistant to aid in coping with today’s fast-paced lifestyle.

     

    Intelligent Assistant is intended to interpret drivers’ inquiries, process the inquiry in conjunction with the state of ADAS derived from Vehicle-data, and answer to drivers appropriately.

     

    The vehicle digital assistant assists in plotting or selecting the optimal route to the destination. The technology is also capable of understanding any dialect.

     

    It also brings upon new global scale of improvisation in the market of global empowerment of the technology within the market.

     

    infographic: Automotive Digital Assistant Market, Automotive Digital Assistant Market Size, Automotive Digital Assistant Market Trends, Automotive Digital Assistant Market Forecast, Automotive Digital Assistant Market Risks, Automotive Digital Assistant Market Report, Automotive Digital Assistant Market Share

     

    GLOBAL AUTOMOTIVE DIGITAL ASSISTANT MARKET SEGMENTATION

    The Global Automotive Digital Assistant Market can be segmented into following categories for further analysis.

    Automotive Digital Assistant Market By Application

    • Commercial Vehicle Transportation
    • Light Commercial Vehicle Transportation
    • Freighter Transportation
    • Trucking Transportation
    • Passenger Transportation

     

    Automotive Digital Assistant Market By Product Type

    • Face Recognition System
    • Voice Recognition System
    • Text of Speech System
    • Finger Print System

     

    Automotive Digital Assistant Market By Technology Focus Type

    • Artificial Intelligence System
    • Rule System

     

    Automotive Digital Assistant Market By Architecture Type

    • Conventional Vehicle Architecture
    • Semi-Autonomous Vehicle Architecture
    • Autonomous Vehicle Architecture

     

    Automotive Digital Assistant Market By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL AUTOMOTIVE DIGITAL ASSISTANT MARKET

    Given customer interest, OEMs may be able to deploy in-car aides to differentiate their vehicles. When implemented effectively, these features enhance the user experience and foster customer connections.

     

    Natural dialogues between drivers and passengers are encouraged by the greatest in-car digital assistants.

     

    They function as the OEM’s service platform, for solution suited to the customers’ requirements, and a mechanism for automobility providers to generate new income streams.

     

    They can also act as a tangible expression of the brand, especially if a cobots is designed by an OEM.

     

    With the advent of Advanced Driver Assistance Systems (ADAS), manufacturers are incorporating technology into their cars in ability to implement upon their vision and promise of it’s a much more interconnected, smarter, and secured driving dynamics.

     

    Modern automobiles are outfitted with voice assistants to aid drivers with vehicle-specific duties as well as to respond to occurrences in the car, the cloud, and the outside world.

     

    The ability of virtual personal assistants developed for in-car use to learn individual driver behaviour, such as seat heating preferences, favourite routes, and popular locations, and then manage the vehicle’s functions as needed, is a distinguishing characteristic.

     

    For example, if a driver expresses exhaustion to the smart assistant, it will activate a “vitalising” programme that will modify the vehicle’s interior lighting, music, and temperature, among some other things, to help the driver feel more energetic.

     

    infographic: Automotive Digital Assistant Market, Automotive Digital Assistant Market Size, Automotive Digital Assistant Market Trends, Automotive Digital Assistant Market Forecast, Automotive Digital Assistant Market Risks, Automotive Digital Assistant Market Report, Automotive Digital Assistant Market Share

    GLOBAL AUTOMOTIVE DIGITAL ASSISTANT MARKET NEW PARTNERSHIP

     

    Vodafone and Ambit have teamed up to offer a digital assistant to New Zealand businesses. Vodafone New Zealand has announced an exclusive agreement with Ambit to provide their enterprise-grade chatbot technology, powered by AI and natural language processing, to Vodafone New Zealand’s contact centre customers across Aotearoa.

     

    Ambit is a Vodafone Xone accelerator programme graduate and a Kiwi start-up success story. It provides digital customer care to a number of well-known brands throughout New Zealand.

     

    The conventional barriers to entry have been cost and complexity, but Ambit provides an agile, inexpensive, and no-code setup solution for swiftly establishing relationships with consumers. As Kiwi firms grow and serve more businesses throughout the world, the solution can scale quickly.

     

    By partnering with Vodafone, many more Kiwi businesses will be able to quickly create their own digital employee, who will work alongside human agents to enhance online sales, cut expenses, and improve customer experience.

     

    Automated chat provides major use cases for both government and private organisations of any size, as customers prefer to self-serve in their own time. The conventional barriers to entry have been cost and complexity, but Ambit provides an agile, inexpensive, and no-code setup solution for swiftly establishing relationships with consumers.

     

     

    AUTOMOTIVE DIGITAL ASSISTANT MARKET COMPETITIVE LANDSCAPE

     

    SI No Timeline Company Developments
    1 February 2022 Microsoft  Microsoft bid of $19.7 billion for Nuance Communications, Nuance had made a buy of its own, scooping up AI-powered clinical documentation startup Saykara in February.
    2 February 2021 Amazon Amazon will acquire Zoox, a self-driving startup founded in 2014 that has raised nearly $1 billion in funding with the goal of developing autonomous driving technology.

     

    The assistant is programmed to improve with each command, query, and setting that is entered.

     

    The system may also provide fuel-saving operating recommendations, warn drivers when require, and warn customers to maintenance concerns such as low tyre pressure, as well as reminding customers of service sessions and even schedule them on its own.

     

    In-car VPAs can also help with mundane driving tasks like finding the nearest gas station.

     

    Drivers may also provide the access to the system to their calendar and contacts in order to get departure reminders as well as real-time information about traffic jams and accessible parking at their location.

     

    Alphabet Inc is involved in implementing improvised technology of digital assistants in the automotive integrations.

     

    The automotive VPA has a thorough awareness of the vehicle, making it more adapted to satisfy the demands of the driver while also assuring the safety of the people within.

     

    Other firms are also making inroads into this sector, with Amazon, for example, releasing a vehicles edition of its renowned voice assistant, the Echo Auto.

     

    The applications, which have been rendered VPA-compatible, would allow cars to order meals on the fly while maintaining their eyes on the road and hands on the wheel.

     

    The meal might be transported to the driver’s location, or the system may modify the guidance to direct the driver to pick that up in reality.

     

    Samsung and Harman have been involved in concept development of the digital assistant technology integration in the automotive requirements.

     

    The Digital Cockpit is made up of three screens and three sliders that can all be modified to the preferences of the driver and passengers.

     

    The 12.3-inch OLED Cluster Display in front of the driver displays driving information like as speedometer and RPM. A 28-inch QLED Central Information Display (CID) and Passenger Display manage infotainment, with integrated solutions for many screens operating systems on a single chip.

     

    infographic: Automotive Digital Assistant Market, Automotive Digital Assistant Market Size, Automotive Digital Assistant Market Trends, Automotive Digital Assistant Market Forecast, Automotive Digital Assistant Market Risks, Automotive Digital Assistant Market Report, Automotive Digital Assistant Market Share

     

    The Control Display, a 12.4-inch curved OLED that controls additional amenities like as climate control, is located beneath these screens.

     

     

    AUTOMOTIVE DIGITAL ASSISTANT MARKET COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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