Voice Assistant Market Reached at Top Level of Market World by Top Vendors like Apple, Amazon, Google, Microsoft Corporation, Motorola Corporation, Samsung Group, Orange S.A., and Sony Corporation
Voice
searches provide users with various benefits like hands free computing and also
offers translation features. Technology giants have come up with their voice assistants like Apple’s Siri and Amazon’s Echo which make the mobile user
experience more convenient and user friendly too. Companies like Samsung,
Orange, Alibaba, and Motorola have also entered into this market. Alexa,
Amazon’s voice assistant holds the largest market share of voice assistant
market with the growing popularity of its application. Apple’s Siri on iOS
supports many languages making it more flexible to use. Owing to growing
applications on mobile devices and smartphones, there is a rapid increase in
the instances of voice search.
The
voice assistant market is developing at a CAGR of +34% from 2019 to 2026.
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Top Key Players of Voice Assistant
Market:
- · Apple
- · Amazon
- · Microsoft Corporation
- · Motorola Corporation
- · Samsung Group
- · Orange S.A.
- · Sony Corporation
- · Alibaba Group Holding Limited
- · Next IT Corporation
Many
devices that we use every day use voice aids. They are in our smartphones and
inside smart speakers in our homes. Many mobile applications and operating
systems use them. In addition, certain voices may operate certain technology in
automobiles, as well as in retail, education, health and telecommunications
environments.
Voice Assistant Market Segmentation:
Segmentation by Technology: Speech recognition, text to speech recognition,
and voice recognition.
Segmentation by Application: Chabot, Messenger bots, websites, contact centers,
and others.
Segmentation by End-Users: SMEs, and large enterprises.
Segmentation by Regions: Comprises Geographical regions - North America,
Europe, Asia Pacific and Rest of the World.
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Driving
factors and opportunities are summarized in the report, to provide a clear view
of the global reach in terms of the growth rate of the Voice Assistant Market.
The restrictions are also provided in the report, and it predicts the risks
facing the companies. It examines the current statistics and the comparative
analysis of the global competitors in the market.
Intended Audience of the Voice
Assistant Market:
- · Device manufacturers
- · Network Operators
- · Distributors
- · Suppliers
- · Research firms
- · Software Developers
- · Commercial Banks
- · Vendors
- · Semiconductor Manufacturers
- · End-user sectors
- · Technology Investors
In
this study, the years considered to estimate the size of Voice Assistant Market
are as follows:
History
Year: 2013-2018
Base
Year: 2017
Estimated
Year: 2018
Forecast
Year 2018 to 2025
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