Voice Assistant Market Size, Share, Growth Report 2030
Voice Assistant Market by Technology (Speech Recognition, Text-To-Speech Recognition, and Voice Recognition), By Application (Messenger Bots, Websites, and Contact Centers), By Service (Customer Service and Marketing Assistant), and By End-User (Individual Users, SMEs, and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025
Global voice assistant market expected to reach approximately USD 7.7 billion by 2025, at a CAGR of above 39% between 2019 and 2025. The increasing proclivity toward IOT and automation is fuelling the global voice assistant market growth. The growing demand for smartphone is also fuelling the voice assistance market globally.
The report analyzes and forecasts the voice assistant market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of voice assistant market dynamics gives a brief insight into the drivers and restraints of the voice assistant market along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the voice assistant market on a global level.
The report gives a transparent view of the voice assistant market. We have included a detailed competitive scenario and portfolio of leading vendors operating in the market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the voice assistant market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view of the voice assistant market based on technology, application, service, end-user, and region. All the segments of the voice assistant market have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.
Some major players operating in the global voice assistant market are Google, Amazon, Microsoft Corporation, Apple, Samsung Group, Creative Virtual, Next IT Corporation, Orange, Nokia Networks, and Nuance Communications.
Global Voice Assistant Market: Report Scope:
| Report Attributes | Report Details |
|---|---|
| Report Name | Voice Assistant Market |
| Market Size in 2018 | USD 0.8 Billion |
| Market Forecast in 2025 | USD 7.7 Billion |
| Compound Annual Growth Rate | CAGR of 39% |
| Number of Pages | 168 |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Key Companies Covered | Google, Amazon, Microsoft Corporation, Apple, Samsung Group, Creative Virtual, Next IT Corporation, Orange, Nokia Networks, and Nuance Communications. |
| Segments Covered | By Technology, By Service, By Application, By End-User And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
| Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
| Base Year | 2018 |
| Historical Year | 2015 to 2019 |
| Forecast Year | 2018 - 2025 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
This report segments the global voice assistant market into:
Global Voice Assistant Market: Technology Analysis
- Speech Recognition
- Text-To-Speech Recognition
- Voice Recognition
Global Voice Assistant Market: Application Analysis
- Messenger Bots
- Websites
- Contact Centers
Global Voice Assistant Market: Service Analysis
- Customer Service
- Marketing Assistant
Global Voice Assistant Market: End-User Analysis
- Individual Users
- SMEs
- Large Enterprises
Global Voice Assistant Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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