Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Voice Assistant Application Market: By Component Type: Solutions, Services; By Deployment Type: On-Premises, Cloud; By Company Size: Individual users, Others; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Voice Assistant Application Market Outlook
The global voice assistant application market stood at a value of around USD 1.9 billion in 2020 and is further expected to grow at a CAGR of 24% during the forecast period of 2022-2027 to reach USD 7.7 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The demand for technologically advanced mobile devices has increased significantly over the past few years. Sophisticated assistive technology, voice assistant, and biometric recognition are commonly used in smartphones. Manufacturers of mobile devices are focused on integrating new functions in their products, such as voice assistant applications. Significant growth in mobile gaming has led the gaming industry to focus on the development of voice assistant systems for games. For many business aspects, mobility has become crucial, resulting in an increased demand for data collection using mobile devices, wireless networks, and unified communication, which further aids the industry.
Properties and Applications
A voice assistant is a digital assistant that utilises voice recognition, natural language processing, and speech synthesis to assist consumers through phone applications and voice recognition. The voice assistant application industry can be segmented based on component type, deployment type, company size, application, and end-use.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on its end-use, the industry can be segmented into:
- Banking, Financial Services, and Insurance
- Healthcare
- Retail and E-Commerce
- Media and Entertainment
- Telecom and IT
- Manufacturing and Automotive
- Education
- Travel and Hospitality
- Others
Based on its component type, the industry is divided into solutions and services. Based on its deployment type, the market can be bifurcated into on-premises and cloud. On the basis of its company size, the industry can be categorised as individual users, small and medium enterprises, and large enterprises. By applications, the market can be segmented into web applications, mobile applications, and devices.
The EMR report looks into the regional markets for voice assistant application like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The global voice assistant application industry is being driven by the increased focus by the companies to provide improved customer experience, companies leveraging social media platforms as a prime marketing channel, progress in ecosystems of Natural Language Processing (NLP) and Automatic Speech Recognition (ASR), and increased omnichannel implementation. The cloud deployment for voice assistant application is anticipated to expand tremendously due to the growing awareness of the advantages of cloud-based alternatives.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global voice assistant application industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- IBM
- Google (NASDAQ: GOOGL)
- Amazon Web Service
- Microsoft
- Apple
- Baidu
- Nuance Communications
- Salesforce
- Verbio Technologies
- Samsung
- Oracle
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component Type, Deployment Type, Company Size, Application, End Use |
| Breakup by Component Type | Solutions, Services |
| Breakup by Deployment Type | On-Premises, Cloud |
| Breakup by Company Size | Individual users, Small and Medium Enterprises, Large enterprises |
| Breakup by Application | Web Applications, Mobile Applications, Devices |
| Breakup by End Use | Banking, Financial Services, and Insurance, Healthcare, Retail and E-Commerce, Media and Entertainment, Telecom and IT, Manufacturing and Automotive, Education, Travel and Hospitality, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | IBM, Google, Amazon Web Service, Microsoft, Apple, Baidu, Nuance Communications, Salesforce, Verbio Technologies, Samsung, Oracle, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Key Questions Answered in the Market Report
- How has the global voice assistant application industry performed in the previous years (2017-2021)?
- What is the forecast assessment of the market for 2022-2027?
- What are the major drivers for the historical (2017-2021) and forecast (2022-2027) periods?
- What are the major constraints for the historical (2017-2021) and forecast (2022-2027) periods?
- What are the major demand indicators of the global voice assistant application industry?
- What is the degree of competition in the global market?
- What are the major events and developments taking place within the industry globally?
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Voice Assistant Application Market Analysis
6.1 Global Voice Assistant Application Market (2017-2021) & Forecast (2022-2027)
6.2 Global Voice Assistant Application Market Breakup by Component Type
6.2.1 Solutions
6.2.2 Services
6.3 Global Voice Assistant Application Market Breakup by Component Type: Historical Market (2017-2021) & Forecast (2022-2027)
6.3.1 Solutions
6.3.2 Services
6.4 Global Voice Assistant Application Market Breakup by Deployment Type
6.4.1 On-Premises
6.4.2 Cloud
6.5 Global Voice Assistant Application Market Breakup by Deployment Type: Historical Market (2017-2021) & Forecast (2022-2027)
6.5.1 On-Premises
6.5.2 Cloud
6.6 Global Voice Assistant Application Market Breakup by Company Size
6.6.1 Individual users
6.6.2 Small and Medium Enterprises
6.6.3 Large enterprises
6.7 Global Voice Assistant Application Market Breakup by Company Size: Historical Market (2017-2021) & Forecast (2022-2027)
6.7.1 Individual users
6.7.2 Small and Medium Enterprises
6.7.3 Large enterprises
6.8 Global Voice Assistant Application Market Breakup by Application
6.8.1 Web Applications
6.8.2 Mobile Applications
6.8.3 Devices
6.9 Global Voice Assistant Application Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
6.9.1 Web Applications
6.9.2 Mobile Applications
6.9.3 Devices
6.10 Global Voice Assistant Application Market Breakup by End Use
6.10.1 Banking, Financial Services, and Insurance
6.10.2 Healthcare
6.10.3 Retail and E-Commerce
6.10.4 Media and Entertainment
6.10.5 Telecom and IT
6.10.6 Manufacturing and Automotive
6.10.7 Education
6.10.8 Travel and Hospitality
6.10.9 Others
6.11 Global Voice Assistant Application Market Breakup by End Use: Historical Market (2017-2021) & Forecast (2022-2027)
6.11.1 Banking, Financial Services, and Insurance
6.11.2 Healthcare
6.11.3 Retail and E-Commerce
6.11.4 Media and Entertainment
6.11.5 Telecom and IT
6.11.6 Manufacturing and Automotive
6.11.7 Education
6.11.8 Travel and Hospitality
6.11.9 Others
6.12 Global Voice Assistant Application Market Breakup by Region
6.12.1 North America
6.12.1.1 United States of America
6.12.1.2 Canada
6.12.2 Europe
6.12.2.1 Germany
6.12.2.2 United Kingdom
6.12.2.3 France
6.12.2.4 Italy
6.12.2.5 Others
6.12.3 Asia Pacific
6.12.3.1 China
6.12.3.2 Japan
6.12.3.3 India
6.12.3.4 ASEAN
6.12.3.5 Others
6.12.4 Latin America
6.12.4.1 Brazil
6.12.4.2 Argentina
6.12.4.3 Mexico
6.12.4.4 Others
6.12.5 Middle East & Africa
6.12.5.1 Saudi Arabia
6.12.5.2 United Arab Emirates
6.12.5.3 Nigeria
6.12.5.4 South Africa
6.12.5.5 Others
6.13 Global Voice Assistant Application Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
6.13.1 North America
6.13.1.1 United States of America
6.13.1.2 Canada
6.13.2 Europe
6.13.2.1 Germany
6.13.2.2 United Kingdom
6.13.2.3 France
6.13.2.4 Italy
6.13.2.5 Others
6.13.3 Asia Pacific
6.13.3.1 China
6.13.3.2 Japan
6.13.3.3 India
6.13.3.4 ASEAN
6.13.3.5 Others
6.13.4 Latin America
6.13.4.1 Brazil
6.13.4.2 Argentina
6.13.4.3 Mexico
6.13.4.4 Others
6.13.5 Middle East & Africa
6.13.5.1 Saudi Arabia
6.13.5.2 United Arab Emirates
6.13.5.3 Nigeria
6.13.5.4 South Africa
6.13.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 IBM
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Google
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Amazon Web Service
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Microsoft
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Apple
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Baidu
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Nuance Communications
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Salesforce
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Verbio Technologies
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10 Samsung
9.10.1 Company Overview
9.10.2 Financial Analysis
9.11 Oracle
9.11.1 Company Overview
9.11.2 Financial Analysis
9.12 Others
10 Industry Events and Development
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global B2C E-commerce market attained a value of USD 3.7 trillion in 2021, driven by rapid urbanisation and digital revolution. Aided by increasing disposal income, global per capita income, and e...
The global cloud services brokerage market attained a value of about USD 6.1 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 17.2% to reach nea...
The global asset performance management market attained a value of about USD 3.9 billion in 2020, driven by the growing demand and popularity of digital asset performance management. Aided by the incr...
The global leisure travel market stood at a value of around USD 1.07 trillion in 2020. The market is further expected to grow at a CAGR of 7% in the forecast period of 2022-2027 to attain USD 1.61 tri...
The global architectural services market reached a value of about USD 335 billion in 2020, the governments in the Asia Pacific are taking initiatives to improve the housing sector to accommodate the g...
NEWSLETTER