Voice Assistant Market Top Players, Demands, Overview, Component, Industry Revenue and Forecast

Market Overview:

The global voice assistant market growth is expected to reach USD 30.74 Billion during the forecast period by registering a CAGR of 31.2%. A voice assistant is a digital assistant that uses artificial intelligence, machine learning, and voice recognition technology to assist. It can interpret and respond to human voice instructions, assisting with common chores such as booking an appointment, placing an online order for tangible things, and messaging while hands-free. The market is expected to increase because of the rising popularity of connected devices, increasing acceptance of smart homes, increasing instances of voice search, and high demand for self-service applications.

Speech technology was prepared to expand the market before the COVID-19 pandemic, with a consistent growth rate of voice-enabled gadgets sold per population. Consumers are staying at home more and seeking new ways to keep themselves entertained, while front-line healthcare workers continue to seek protection and new ways to work. For example, China developed a speech robot that can collect and verify personal information such as identity, health status, and location in five minutes vs two to three hours manually.

Download Free Sample PDF File:

https://www.marketresearchfuture.com/sample_request/4003 

Market Segmentation

Based on the technology, the global voice assistant market is segmented into natural language processing, speech/voice recognition, and text to speech recognition.

Based on the hardware products, the market is segmented into smart speakers & personal assistants, laptops, smartphones & tablets, set-top boxes (covering remote control with mic and far-field mic), and others-PC, wearable devices, and healthcare.

Based on the application, the voice assistant market is segmented into messenger bots, websites, contact centers, and others.

Based on the end-user, the global voice assistant market is segmented into individual users, large enterprises, and SMEs.

Based on the region, the global voice assistant market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Apple Inc. (US), Cisco Systems, Inc. (the US), Orange S.A. (France), Samsung Electronics (South Korea), Verint Systems Inc. (US), and Creative Virtual Ltd. (UK).

Regional Classification

With its current infrastructure and significant competitors such as IBM Corporation, Google LLC, Amazon, and Samsung Electronics, North America is projected to lead the voice assistant market. The voice assistant market in North America is divided into three parts: the United States, Canada, and Mexico. Furthermore, significant advancements in smart home and smart speaker technology in the United States are driving the market’s expansion.

Due to the growing demand for smart contact centers and individualized customer experiences, Europe’s voice assistant market ranks second globally and is predicted to grow rapidly. In addition, the region’s industrial and IT industries want to deploy voice assistant-based solutions for voice automation while also developing new solutions for complicated use cases.

The Asia-Pacific area ranks third in the market for voice assistants, owing to voice assistants gaining exponential traction in the region as the region’s IT sector booms, and growing economies in the region are opting for smart contract-based solutions for reliability and efficiency. Furthermore, powerful AI ensures that each request is routed to the assistant in the most appropriate and pleasurable manner possible.

Access Complete Report @

https://www.marketresearchfuture.com/reports/voice-assistant-market-4003 

Industry News

The major key players in the market are  IBM Corporation (US), Nuance Communications, Inc. (US), Amazon.com, Inc. (the US), Microsoft (US), Google LLC (US)

Related Articles

https://twikkers.nl/blogs/101405/Sentiment-Analytics-market-Segments-Upcoming-Opportunities-Trends-and-Industry-Outlook

https://justpaste.it/8co67

https://www.koreanwomenorg.com/read-blog/6392

https://www.danishwomenorg.com/read-blog/8301

https://justnock.com/read-blog/9351

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com 
Website: https://www.marketresearchfuture.com 

Comments

Post a Comment

Popular posts from this blog

Multifactor Authentication Market Technological Advancement, Top Key Players, Financial Overview and Forecast to 2030

  Market Overview  In 2016, the  Multi-Factor Authentication Market  had generated a market value of USD 4.85 billion. It has expectations to grow to approx. USD 36.87 Billion by the end of the current forecast period in 2030, generating 15.71% CAGR during the forecast period. Generally, multi-factor authentication is a security framework that is well known in the global market for its multistep authentication to validate the person’s authority. The name multi-factor authentication has multi-features, which makes it more popular among people worldwide. The multi-factor authentication has an impeccable feature over the conventional authentication techniques that involves username and password verifications and identifications. Moreover, it has advanced biometrics security features that help identify the person, including iris recognition, facial recognition, fingerprints, and voice recognition techniques. Download Free Sample PDF File @  https://www.marketresearc...
Read more

Fixed-Mobile Convergence Market Regional Analysis, Key Players Profiles and Future Prospects 2030

  Market Scenario: Market Research Future (MRFR) has identified its ability to reduce cost as one of the major factors to influence the global market. Increasing demand for integrated service irrespective of the location is also going trigger transformations in the market. The global  fixed-mobile convergence market size  is slated to reach a mark of 8.84 Billion by 2030, with 12.16% CAGR during the forecast period of 2022 to 2030. Its capacity to use both fixed and wireless systems are expected to take the global market forward. This market is also going to benefit from infrastructural changes taking place and the market witnessing a steady flow of funds to create more research and development opportunities. Request a Free Sample @   https://www.marketresearchfuture.com/sample_request/8305   Key Players: Cisco (US) Ericsson AB (Sweden) Nokia (Finland) Huawei Technologies Co. Ltd (China) and ZTE Co...
Read more

Direct Carrier Billing (DCB) Market Trends, Emerging Audience, Segments, Profits and Competitor Landscape

  Direct Carrier Billing Market Scope: The Direct Carrier Billing Market size exceeded USD 123 Billion in 2027 and is projected to expand at over 14% CAGR from 2020 to 2027. The global  direct carrier billing (DCB) market size is rapidly gaining momentum, as merchants and consumers worldwide have recognized the benefits of Direct Carrier Billing Market services in paying for digital services and products. The consumption of digital content increased exponentially, especially during the recent COVID 19 pandemic, which further increased the demand for Direct Carrier Billing Market to pay for digital services. With the increasing demand for digital payments, the direct carrier billing market is likely to garner notable traction in the years to come. Get Free Sample PDF Brochure:   https://www.marketresearchfuture.com/sample_request/6169    The benefits of direct carrier billing compared to card payments in bettering user experience for merchants and ...
Read more