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The global voice assistant application market is being driven by the intensified emphasis on providing improved user service, businesses using social media networks as a prime communication tool, developments in Natural Language Processing (NLP), and Automatic Speech Recognition (ASR) technologies, and expanded omnichannel deployment. Over the past few years, the demand for technically sophisticated handheld apps has risen dramatically, along with the adoption of advanced assistive applications, voice support, and biometric identification by various smartphone devices. Mobile app developers are focused on incorporating new functions, like voice assistant applications, into their products. The significant development in smartphone games has caused the game industry to concentrate on creating voice assistance gaming systems.
Technological developments and continuous improvements by the major players in the industry are also aiding the market growth. Google, which is already a leader in online searching, is continuously streamlining its voice search options to match and exceed its rivals like Amazon Alexa and Apple Siri. The rising adoption and development of voice assistant applications by major tech companies are expected to propel the growth of the market in the coming years. Mozilla Firefox has already begun testing its web browser-based voice assistant since the beginning of 2020. Such developments are expected to influence the market growth positively.
Market Analysis by Component Type, Deployment Type, Company Size, Application, End Use, and Region:
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The major players in the global voice assistant application market are IBM, Google, Amazon Web Service, Microsoft, Apple, Baidu, Nuance Communications, Salesforce, Verbio Technologies, Samsung, and Oracle, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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