>Global Voice Assistant Market, By Technology (Speech recognition, Natural Language Processing, Text to Speech Recognition, Voice Recognition), Hardware (Set-top Box, Smartphone & Tablets, Smart Speakers), Application (Messenger Bots, Websites, Contact Centers), End-User (Individual User, SMEs, Large Enterprises), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Voice Assistant Market
The voice assistant market is expected to witness market growth at a rate of 25.66% in the forecast period of 2021 to 2028. Data Bridge Market Research report on voice assistant market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization globally is escalating the growth of voice assistant market.
Voice assistant application refers to a virtual assistant or intelligent personal assistant platform that is capable of performing tasks or services based on voice commands. The technology provides a wide range of customer service roles such as product information, ease to navigate and assist customers in paying bills among others.
The rapid automation in manufacturing sectors acts as one of the major factors driving the growth of voice assistant market. The increase in demand for remote device management and user behavior analysis to enhance customer service, and rise in demand for AI voice assistant and improvements in artificial intelligence and other infrastructure oriented technologies accelerate the market growth. The increase in adoption of voice assistant as they deliver better conversational responses enabling enhanced customer experience, and high dependency of people on the platform for working remotely to perform their tasks further influence the market. Additionally, businesses leveraging social media platforms as a prime marketing channel, omni-channel deployment and advancement in Nlp and Asr ecosystem positively affect the voice assistant market. Furthermore, popularity of connected devices and preferences for smart home extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, high cost of voice assistant devices and shortages of various small components required for the production are expected to obstruct the market growth. Concerns regarding product life cycle are projected to challenge the voice assistant market in the forecast period of 2021-2028.
This voice assistant market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on voice assistant market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Voice Assistant Market Scope and Market Size
The voice assistant market is segmented on the basis of technology, hardware, application and end-users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the voice assistant market is segmented into speech recognition, natural language processing, text to speech recognition, and voice recognition.
- On the basis of hardware, the voice assistant market is segmented into set-top box, smartphone & tablets and smart speakers.
- On the basis of application, the voice assistant market is segmented into messenger bots, websites, and contact centers.
- On the basis of end-user, the voice assistant market is segmented into individual user, SMEs, large enterprises.
Global Voice Assistant Market Country Level Analysis
The voice assistant market is analyzed and market size, volume information is provided by country, components, technology, hardware, application and end-users as referenced above.
The countries covered in the voice assistant market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominate the voice assistant market due to the changing BYOD trends and emergence of working remotely within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2021 to 2028 because of the development of AI-powered IVAs for professional conversation and emergence of artificial intelligence and Machine Learning (ML) in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Voice Assistant Market Share Analysis
The voice assistant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to voice assistant market.
The major players covered in the voice assistant market report are Advanced Voice Recognition Systems Inc., Agnitio S.L, Amazon, Inc., Apple, Inc., iFlytek Co., Ltd, Baidu, Inc., BioTrust ID B.V, Castle Software, LLC., Facebook, Inc., Google, Inc., IBM, LumenVox, M2SYS Technology, Microsoft Corporation, MModal Inc., Nortex Holdings Inc., Nuance Communications, Inc., SemVox GmbH, Raytheon Technologies Corporation, Sensory Inc., Voice Technologies Corporation, and VoiceVault Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
研究方法
数据收集和基准年分析是使用具有大样本量的数据收集模块完成的。该阶段包括通过各种来源和策略获取市场信息或相关数据。它包括提前检查和规划从过去获得的所有数据。它同样包括检查不同信息源中出现的信息不一致。使用市场统计和连贯模型分析和估计市场数据。此外，市场份额分析和关键趋势分析是市场报告中的主要成功因素。要了解更多信息，请请求分析师致电或下拉您的询问。
DBMR 研究团队使用的关键研究方法是数据三角测量，其中包括数据挖掘、数据变量对市场影响的分析和主要（行业专家）验证。数据模型包括供应商定位网格、市场时间线分析、市场概览和指南、公司定位网格、专利分析、定价分析、公司市场份额分析、测量标准、全球与区域和供应商份额分析。要了解有关研究方法的更多信息，请向我们的行业专家咨询。
可定制
Data Bridge Market Research 是高级形成性研究领域的领导者。我们为向现有和新客户提供符合其目标的数据和分析而感到自豪。报告可定制，包括目标品牌的价格趋势分析、了解其他国家的市场（索取国家列表）、临床试验结果数据、文献综述、翻新市场和产品基础分析。目标竞争对手的市场分析可以从基于技术的分析到市场组合策略进行分析。我们可以按照您所需的格式和数据样式添加您需要的任意数量的竞争对手数据。我们的分析师团队还可以为您提供原始 Excel 文件数据透视表（事实手册）中的数据，或者可以帮助您根据报告中的数据集创建演示文稿。
